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  #81  
Old 18th July 2012, 05:26 PM
Mark Mark is offline
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Real money??

If not..............waste of time IMO.
None of the pressures of being behind, the do I don't I keep going, etc
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  #82  
Old 18th July 2012, 05:33 PM
UselessBettor UselessBettor is offline
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Quote:
Originally Posted by Mark
Real money??

If not..............waste of time IMO.
None of the pressures of being behind, the do I don't I keep going, etc

There is real money going on all selections but not at the same level. It will eventually get there and the bet sizes are growing.
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  #83  
Old 18th July 2012, 06:06 PM
Mark Mark is offline
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Excellent stuff UB.
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  #84  
Old 19th July 2012, 04:12 PM
UselessBettor UselessBettor is offline
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Day 25 - Aus Market Update
Starting Bank: $46571
Profit for the day : $1796
Wage Deducation : $200
Closing Bank: $48167

I held a position in 19 races today and made a profit in 17 of them. Both losing markets were only a loss of $40.

Keeping to the first 4 races has again worked today. The account is moving in the right direction again. If I have another good day tomorrow then there is a chance of hitting the 50K mark over the weekend.

A few races left to go today. I'll update the stats if any bes are placed.
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  #85  
Old 19th July 2012, 11:28 PM
The Ocho The Ocho is offline
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Well done UB. Going great guns.
__________________
Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.”

― Earl Nightingale
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  #86  
Old 20th July 2012, 04:35 PM
UselessBettor UselessBettor is offline
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Thanks Ocho and Mark for the words of encouragement.

Day 26 - Aus Market Update
Starting Bank: $48167
Profit for the day : $580
Wage Deducation : $200
Closing Bank: $48547

I held a position in 20 races today and made a profit in 15 of them.

A couple of losing races today but they didn't do too much damage. Our biggest losses were in Canberra Race 4 and Ballina Race 2.

Total Wages paid so far is $5200 which is not bad for less than a months pay.
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  #87  
Old 21st July 2012, 05:34 PM
UselessBettor UselessBettor is offline
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Day 27 - Aus Market Update
Starting Bank: $48547
Profit for the day : $28
Wage Deducation : $200
Closing Bank: $48375

I held a position in 32 races today and made a profit in 26 of them.
Most of the damage was done in the photo finish at Belmont Race 2. I was showing a very nice profit before 2pm today and then I went 10 races for a profit in only 5 of them. The combined loss over those 10 races after 2pm was $1976.
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  #88  
Old 23rd July 2012, 05:19 PM
UselessBettor UselessBettor is offline
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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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  #89  
Old 23rd July 2012, 06:57 PM
UselessBettor UselessBettor is offline
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For those interested I'll be laying the following tonight. I have not yet checked prices or scratchings.

Ayr3:05Shunkawakhan
Ayr3:05Captain Baldwin
Ayr3:35Viking Dancer
Ayr5:45Great Nicanor
Ballinrobe (IRE)6:20Surf's Up
Beverley8:30Hawkino
Beverley8:30Willy McBay
Beverley9:00Major Muscari
Beverley9:00Lady Kildare
Cartmel3:25How's D Strawboss
Cartmel3:55Peak Seasons
Southwell (AW)4:20One Bid Too Many
Southwell (AW)4:55Beachwood Bay
Southwell (AW)4:55Amber Moon
Windsor6:40Into The Wind
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  #90  
Old 24th July 2012, 05:33 PM
UselessBettor UselessBettor is offline
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Day 30 - Aus Market Update
Starting Bank: $44991
Profit for the day : $248
Wage Deducation : $200
Closing Bank: $45039

I held a position in 13 races today and made a profit in 11 of them.

Thats 30 days of testing and in that time I have made :

$6000 in wages
$5039 in profit

A total of $11,039 or a little over 27.5% in one month. I will bank the $5039 profit now and restart the next 30 days with a new bank of $40K. I am doing this to show myself over any 30 days I should be able to make a profit. Although I will be away soon for about 10 days on a trip paid for partly from the winnings here (although a smaller amount).
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