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Since 10th November 2009 from £150 starting bank for KELLY STAKING purposes trial run on horseracing
Won on BF............... £ 255.91 Lost on TOTE............. ( 6.82 ) ---------------- Net PROFIT horse races £ 249.09 from £150 start bank So in 11 days the starting bank enabled 166 % profit from horse racing.........so got to be "happy" with that.....even though there was 1 bad day where lost over £100 ....still ahead with races. Now if only could get to grips with FOOTBALL bets that is draining profits away :( Football: -£201.41 | Horse Racing: £255.91 Total P&L: £54.50 G N the nooooooooooooooooo |
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BTW the horse racing was with 190 markets"
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Drop the football and concentrate on the horses. With the amount of racing, it's virtually impossible to put enough time into both sports.
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Muqbil - Thanks for your advice.
I've known for sometime that I do have "problems" with football betting due to not accepting a LOSS will possibly be made once something occurs in match that goes against the main bet. I know that this is ridiculous way to bet.......and I HAVE GOT TO STOP PUTTING MUCH MONEY INTO FOOTBALL BETS, AND ALSO THAT I MUST STICK TO MAIN BET ONLY, as I believe I can win on football bets IF I CONTROL THE WEAKNESS ABOVE. Generally my football knowledge is "good" .....but when above happens I can run up a big loss in one match, then there is a tendency to CHASE after that loss in next game ( I do not normally do this with horse race bets , as at the odds I back at losses will happen frequently.) =================================================== Currently waiting til funds in place to enable a proper go at horse racing bets..........have so many strategies that appear to "work" that I need to decide which one/ones I will concentrate on .......so currently checking out which strategies to tackle from December 6th onwards. Football will be only for SMALL stakes fun bets only........................Does not take too long to pick a MAIN BET in matches.............................and the main time is taken up at night, when generally I like to switch off on horse racing bets ( night racing seems to have poor liquidity and for laying purposes is NOT worth doing with some of lay strategies). AS I also have some WORK :( to do between now and 6th December ....possibly up to 11th December......then I probably won't do too many bets in Decemeber... Thanks for post again M ....GL with bets. |
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Similar to ATTEMPT 2 thread .......as I never used FULL KELLY staking or had the advantage of taking BF SP odds compared to odds grabbed EARLY due to running this thread........then substantial additional profit would have been made as follows -
112.97 96.83 104.89 221.64 980.99 BF BF ODDS EXTRA SP ODDS TAKEN WIN KELLY PROFIT WINNING EARLY STAKES FULL OR LOSS BETS DUE TO USED AT STAKES IF BFSP RUNNING EARLY AND FULL THREAD ODDS KELLY USED 8.8 4.4 6.59 6.59 28.99 -3.77 -9.78 19.92 5.9 6.2 8 34.31 126.51 -5 -21.99 N/A N/A -1.66 5.22 4.6 9.88 9.88 6.12 4.5 3.25 6.83 6.83 8.53 19.17 17 4 14.09 192.01 N/A N/A N/A N/A N/A N/A N/A 4.6 2.98 12 34.86 101.73 -17.17 -1.34 8.4 5.6 10 30.8 181.92 8.84 8.4 8.54 8.54 3.75 -6.86 N/A -16 -6.55 8.6 9.4 4.74 6.74 11.41 -19.74 N/A N/A N/A N/A N/A -11.52 N/A -12.09 -37.76 -2.85 17 13.5 6 18.52 221.32 2.83 4.9 6 19.41 12.12 -45.62 9.4 7.8 10 31.07 192.98 9.71 8.8 12.31 0 93.38 |
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As STARTING BANK was £370.08 on this thread , I trust even lee h2 will note that ,because I ran this thread and was posting EARLY , over a 4 day period such a £ 980.99 , before commission, difference has a huge effect on ROI etc..........
Over the 4 days on this thread I only made Horse Racing: £112.19, less £30 TOTE bets due to the two factors above and also due to me writing off too much profit IR............................:( So IMO using KELLY STAKING CALCULATOR is fine.........provided you can keep picking winners at value odds..............It is possible the BANK could be lost though, however the high profit returns should compensate for losing a bank occasionally The longest losing run was only 16 ........on ATTEMPT 2 thread........and over 4 days with money the longest losing run was 9.............................however, it is very likely that i will have longer losing runs, but from the results on ATTEMPT 2 paper thread going through the 16 losing run was not too bad ( psychologically ) though bank was down 500 from starting bank at the lowest point. After the low point the bank trebled in size, even though I was not obtaining the benefit of the higher odds at BF SP etc...... Probably a 4 bank system for using KELLY on FULL STAKES would be how I could operate....though 8 banks would be more prudent........as losing 1 bank will happen, and you need a number of banks available if using FULLY KELLY staking on HORSE RACING.......so this is what I will be using for backing purposes in due course ( 8 banks). In 4 days on this thread there were 14 winners out of 49 races .....................over 4 days......On ATTEMPT 2 thread there were 17 winners from 110 bets.........................this is probably a more realistic level of performance I can expect. Trust that some of this information is useful for some . Gl with bets |