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Old 23rd July 2012, 05:19 PM
UselessBettor UselessBettor is offline
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Join Date: Sep 2011
Posts: 1,474
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I didn't get a chance to update so this is 2 days worth:


Day 28/29 - Aus Market Update
Starting Bank: $48375
Profit for the day : $(2984) LOSS
Wage Deducation : $400
Closing Bank: $44991

I held a position in 31 races today and made a profit in 26 of them.

We start the slow process of building up towards $50K again. Before taking the losses I was showing a new high for the bank and that is a positive thing to take out of the last couple of days. The negative is that a few bad races can really hurt.

An analysis of the data I have shows that generally its like this movement, lots of little gains then a large loss that takes back 80-90% of those gains. Then every so often you get the good week with no losers and the bank shoots up to a new level. I'll perservere for a lot longer.

On another note I am close to having a UK method ready for testing. This means it has passed my paper trial and it ready for real money testing.

I still need to automate these selections but I should have them ready very soon, maybe even tonight. One thing I have found is the UK market is much better at giving the right odds to a horse and the angles are a lot harder to find, but they are still there but fewer horses are mispriced.

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