Your prognosis is sound UB

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

Cheers LG

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

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

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

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.