Your prognosis is sound UB

Keep up your fine work (and also the Betting races!)

Cheers LG

__________________
The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB

There are a few to go at Pinjarra but its unlikely I'll have many/any bets in them. So Ill update this now and provide an update later if needed.

A good day for sure and glad after yesterdays loss. Almost covered the whole loss back today.

Day 19 - Aus Market Update
Starting Bank: $46,371
Profit for the day : $2120
Wage Deducation : $200
Closing Bank: $48,291

I held a position in 20 races today and made a profit in 18 of them. The two losing races were both small at $40 each.

Another good day tommorrow and I could hit $10,000 profit after wages are taken out. I am excited about that.

Day 20 - Aus Market Update
Starting Bank: $48,291
Profit for the day : $1360
Wage Deducation : $200
Closing Bank: $49451

I held a position in 30 races today and made a profit in 29 of them.

Didn't quite make the $50,000 today but I was close. I hope I can hit it tommorrow.

Day 21 - Aus Market Update
Starting Bank: $49,451
Profit for the day : $(56) LOSS
Wage Deducation : $200
Closing Bank: $49195

I held a position in 40 races today and made a profit in 34 of them.

Overall I was happy to be close to break even today as I was down early and spent most of the day recovering.

Evening UB

Can I ask - if you are not laying/backing everything that comes thru that feed,
How to cherry pick amongst them?

Cheers LG

__________________
The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB

Lord Greystoke,

If the tip says lay then I am laying it, if it says bet then I am betting it. I have something on every single one of those selections. The emails are sent out once the bets are placed. The difference is how much I am laying / betting on each selection. I run quite a few systems and they determine how much liability I will have on each selection. Also the price can play a part in determining how I will lay it. I use a combination of laying to a liability and laying straight out.

For instance of the 3 lays who lost today, 2 were layed to a liability and the other was layed straight out. I think in part I am successful because I know when to stake a certain way. Rest assured I do not use any progressive staking at all. Its all flat stakes (but differing liabilties if that makes sense).

Thanks for detail - the stream of selections in your emails are actually your professional punting experience then, coming thru in real-time.

It's a real eye opener and I thank you for including me .

How are you holding up on the Bet side?

Cheers LG

__________________
The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB

Yes its my real time betting that is getting emailed out.

The bets are just under break even this week (loss of 2.25 units) but overall are showing over a 320 units of profit over the time I have been betting them.

As far as lays I am up the equivalent of 10.8% ROI since starting them. I turn over a lot of selections with the lays and aim to make about 0.1% off the liability I am taking on each selection over time. For instance if I was to lay 100 selections across the day (I did more then 100 selections today) and I layed all of them to a liability of $1000 then I would expect to return 100*1000*0.001 = $100 profit off the $100,000 liability. Of course 100 selections is not enough to even out the randomness of results which can go against you but its a rough guide of what I try to aim for each day. Therefore hopefully over time increasing the turnover should increase my ROI.

By the way I don't lay all the selections to the same liability

I'll turn on units tommorrow so you can see the differences in staking that I use for a couple of days.

Ta mate. It's been a fascinating 'ride' to date.


Cheers LG

__________________
The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB

I have added the staking size into it.
A stake of 0.10 means 0.1% of the bank.
A stake of 0.50 means 0.5% of the bank.
A stake of 2 means 2% of the bank.
A stake of 5 means 5%, etc.

For example if you have a bank size of $40,000 and you had a 0.10 stake for a lay then you would lay the $40 on the selection. If the selection was $100 then this would be a liability of $40*$100 -$40 = $3960 if the selection goes against you. I hope that makes sense.