13th December 2013, 09:21 AM
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Banned
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Join Date: Feb 2013
Posts: 740
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Quote:
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Originally Posted by aussielongboat
10.8% POT through thick and thin and with your own money is a great effort.
you must be on top of the world.
IMHO now you would need to consider a few things
1. streamline your operation as much as you can.
2. scout around/think/evaluate the best wagering option - BF, ABE,corporate bookmakers etc - getting that optimised can double your POT again.
3. risk manage your operation - what would you do for example if your form provider went out of business( happened to cyberhorse 3 weeks ago). Try to get an alternative supplier/plan to insulate you from this.
Also imagine a scenario where you come home tonight and your computer and all its backups are stolen. Could you continue etc.
As i said anything >5% POT is very good - thank fully most people lose and they're the ones we rely on.
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Thanks for the feedback Aussie, much appreciated. Just to qualify a few things though:
Only Lay bet 1st & 2nd favourites, so Betfair is the only choice
Rather than streamlining, I'm adding more value all the time. As my results spreadsheet expands, other former non bets start to become viable long term, as price interactions are revealed over a larger sample.
My only achilles heel, is that I rely 100% on oncourse betting fluctuations, no previous form or ratings required! This limits the scope of venues, but still plenty of action at this stage.
With the passing of time I fear that the genuine on course flucs will be replaced by synthetic contrived prices as determined by online bookies steering bettors in a direction that they propose, rather than an honest assessment. If that were the case my contingency would be to subscribe to someone like Vince Aspinall's prices that he provides to the oncourse bookies now, providing he hasn't shut up shop too. It's a worry?
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