I've had a chance to go back and look at the last two weeks of February to see how we would have faired. Overall we'd have returned a not to be sneezed at 39.71% POT based on the SP's published on the Daily Donkey site. Over the same period though backing all the Donkeys would have returned 59.92% POT
. We'd have had four losing days, and two break even days. Two of the losing days were killers though when we'd have layed the only winners for the day.
The Donkey's returns for Feb 2007 were one of only four months overall that they managed a return of over 10,000 so I'm not too concerned that backing all their selections returned a better POT. And of course I don't know what would have happened in the first two weeks of Feb.
What I think will happen is that in the months they do above average, they'll probably return a better POT. Other months I think our selective approach to laying their tips will return a better POT, and hopefully there will be more of those.
You could of course lay all their tips, but I think you'd struggle to make it pay. Also they seem to go up and down on the same spot for days on end eg. they've returned a 2.79 unit profit over the weekend but outlayed 71 units to do so!
Whether you follow all their tips, our selection of them, or a selection of your own, you'd be well advised to take Chromes advice and get your hands on a decent PP market and lay at about 12-20% less than the PP price. Yes, less is more
===
As an example:
Prepost price: 3/1 (same as $4.00 or 25%)
Multipy 25% x 1.2 = 30% (same as $3.33)
Therefore the maximum price we'd offer on Betfair for this selection is $3.35, which is $3.33 rounded up to the nearest price increment.
===
Maybe Maria or (Mark Does Maria) staking could be your go.
I've still not had a chance to work out the "trials" we'll need to be confident that the profits will continue, but in the absence of a computed figure let's say that what ever we do by the end of the month should give us some indication one way or the other.
Congratulations to the Daily Donkey team for consistently coming up with the goods.
