Ok, that's a bit cheeky, but let me explain, I've been working a plan that I guess you could say is "mechanical" although it is constantly being "tweaked". I am now into my 5th year and I've just doubled my bets again (from Jan 1st) and hit the jackpot today at Bunbury, hence this post!

As I bet for the place my overall POT is very small but consistent. (the same plan by the way also shows a win POT slightly higher overall)

To be able to live off this I will need to Double my basic bets again at some point, I am worried about all sorts of things, the dreaded losing runs that I KNOW will come (ridden out heaps of em) I think I've got the patience thing under controll, but there's still a lot I need to digest.

I'm just seeking any snippets that may help, (I realise that no-one is going to broadcast their winning method) I'm talking about attitude, etc etc.

eg. 4 bets in one day recently, ......... I kid you not 3x4ths + 1x3rd (but 7 runners) all in photos, all backed for the place............. hhhuuuu, devastating, but the effect on my data base....................... hardly a ripple. But still it affected me mentally, I just need a little push somehow!

Don't bet the rent money and you will be fine Party!

Partypooper,

If you need to double your bets to create a reasonable income, I would suggest not doing so.
Let me explain....
You would be far better finding something that gives you more action, twice as many bets, rather than just doubling your exposure.
Of course, it must be something stable and proven.

There are many advantages to this
1.Your results are less likely to have temporary aggressive peaks and troughs denting confidence (although you will still have good and bad days)
2. The impact of adverse results will be less to the overall outcome on the day or week.
3. You probably won't be so nervous as just doubling your bets.
4. If you don't have confidence in anything other than what's proven to yourself over the last 5 years, and I can understand this, then don't just double your bets straight away, use percentage of bank (not reducing) until you are betting double or more, this will also build confidence.
I would be worried about the effect of higher bets on your returns.

If you need assistance you know my email, I have a place method that breaks even at TAB prices, but you do need to watch the markets, rather than place all bets in advance.

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I know your frustration by the way.
One of my methods selected Going Spending at Caulfield, but did not qualify on price.
On the tote it was $8.50, $8.70 and $9.00

Would have turned a losing day into a winning one, but longterm has to be the goal,and if I continually backed the horses further out in the market, it's a big fat loss!
So I have to be patient and let these winners not disturb me

P.S. Should have known when Read opened it at $4.50

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I agree with Chrome and increase your percentage as your bank grows....
well done by the way ,,5 years and growing with just place betting,,,out of interest if you had backed your selections just for the win or even e/w would that have affected your bottom line ??

and another thing,,,if your bank is fairly substantial ,,dont leave it in Mr Reads bank account ,,, put it in an good interest bearing account while its sitting there,,,seems fairly basic i know but it didnt dawn on me to do this for over year

Thanks Chrome, as you know I have been looking for another method for a while now, and although some are promising it usually involves watching the markets which at the moment I can't do........ I do see your point about spreading the investments though.

maverick, yes as it turns out my basic plan shows a very similar POT for the win as well so could easily just swap to EW, however one of those "tweaks " I was talking about from Jan 1st, was 1 unit the win 2 units the place. It just happens to have started off on a good note so I am much more confident now.

I've never left a cent in IAS, I can't see any product that has an edge there?? (though I agree there could be other advantages when the stakes get a bit higher.)

Crash, fortunately I collect rents rather than pay em' bad news is ;it took me 40 years to get there!

O.K. then, never say I'm not flexible

I've got one for ya that is win POT of 0.36% and place POT of 2.61% at tote prices, you can put the bets on three weeks in advance if you want

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Chrome, you're on! though it sounds like sports betting to me? right?

Nope, email on it's way to your reply.

__________________
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Now with over 413,000 Metropolitan, Provincial and Country races!
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*RaceCensus now updated to 31/01/2025
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I have been testing some systems via RaceCensus data base of late and the 2 major bits of form that are always needed to make a profitable system are days since last run and price, i am finding that 7 days is a good mark but it does reduce the amount of bets and less than $8 or first 2 in betting.

Most of the better systems seam to only have between 100 and 200 bets a year, i did come up with a system that had a POT of 4% tab divis but i was looking for win systems and forgot to save the data i was searching for.