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10% a bet for 30 bets

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Replies: 679
By:
Johnny Wad
When: 01 Jun 09 20:18
yes dan the US racing are normally my main markets. Very rarely lay though, just the odd short priced favourite. There's better value to be had backing at bigger prices. Not been doing much on it since I started this. Just had a small bank that I transfer between aussie/Uk wallets to keep things seperate for a bit of 'fun'. I'm playing tonight and did so last night.

had a 60/1 winner last night!
By:
Johnny Wad
When: 02 Jun 09 10:14
ok so 3 more bets left until I reach the 30 so I have decided to bank some more money before the final push. This means that my banked profit is now £2k which has made it a seriously worthwhile excersise regardless of how the last 3 bets go.


STARTING BANK = £250
BANKED = £2250
CURRENT BANK = £1,985.79
CURRENT PROFIT = £3,985.79
BANKED PROFIT = £2000
By:
bluenosebilly
When: 02 Jun 09 10:25
good luck with the last few bets mate
By:
buzzer
When: 02 Jun 09 11:05
Well done Johnny, greed has been the downfall of many a good punter.
By:
altobelli
When: 02 Jun 09 11:08
Well done JW, excellent thread and a great run, hope it continues for you. I do something similiar myself but use only 20% of my current bank as liability. I'd hate to lose everything on one bet going down so when bank is large better to risk only a % of it. Sensible move banking some of your profits along the way. Good luck with this, hope it continues for you, you'd be surprised how many of these bets you can get in on the trot!!
By:
Johnny Wad
When: 02 Jun 09 13:44
Bet 28

2.45 Southwell

LAY

Dabbers Ridge £233.07 @ 8.52

Liability £1985.76
By:
private piles
When: 02 Jun 09 13:49
very well done jw very impressive...gonna have a dabble at thismyself
By:
Johnny Wad
When: 02 Jun 09 13:58
Bet 28

2.45 Southwell

LAY

Dabbers Ridge £233.07 @ 8.52 (8th) :-)

Liability £1985.76

STARTING BANK = £250
BANKED = £2250
CURRENT BANK = £2,213.53
CURRENT PROFIT = £4,213.53
BANKED PROFIT = £2000
By:
Johnny Wad
When: 02 Jun 09 14:25
Bet 29

6.30 Ripon

LAY

High Curragh £396.20 @ 6.59

Liability = £2,213.48
By:
Johnny Wad
When: 02 Jun 09 14:35
sorry time was wrong should have read 3.30 Ripon !

:-)
By:
The Betfairy
When: 02 Jun 09 14:38
Well done so far. The test of any talent here is doing this for, not jsut 30 bets but, 1000 bets. Do you have the talent to do that?

Fingers crossed for the last two.
By:
Johnny Wad
When: 02 Jun 09 14:39
cheers 29 is already in so just 1 to go .....
By:
Johnny Wad
When: 02 Jun 09 14:42
Bet 29

3.30 Ripon

LAY

High Curragh £396.20 @ 6.59 (5th) :-)


STARTING BANK = £250
BANKED = £2250
CURRENT BANK = £2,600.62
CURRENT PROFIT = £4,600.62
BANKED PROFIT = £2000
By:
Northbouy
When: 02 Jun 09 14:59
Schalke are you reading this?
By:
The Betfairy
When: 02 Jun 09 15:00
Schalke lost when he got to 198. We're nowhere near that yet.
By:
buzzer
When: 02 Jun 09 15:02
he only banked 37p though betfairy ;)
By:
The Betfairy
When: 02 Jun 09 15:02
:D
By:
Johnny Wad
When: 02 Jun 09 15:31
Bet 30

I am putting my money where my mouth is for the final one. On the 2% thread I recommended the following bet but didn't place it because of time.

Murray lost first set so I have placed in running. Got the following matched. So will bank the rest of the money and up date stats in a bit.

Lay Backer's
Odds Backer's
Stake Payout Liability
F Gonzalez 3 - 0 4.34 £453.34 £1,966.95 £1,513.61
By:
Johnny Wad
When: 02 Jun 09 15:36
so you know what I'm on about this is from the 2% thread.


Johnny Wad 02 Jun 13:55
Laying F Gonzalez 3 - 0 in setting betting against Murray seems reasonable @ 8.4's. I would include it in my challenge but I'm looking at the horses this afternoon and it will tie all my money up for too long. Although I could be able to green up early on if Murray wins the first set.
By:
buzzer
When: 02 Jun 09 15:37
looks in the bag
By:
Northbouy
When: 02 Jun 09 15:42
bagged
By:
Johnny Wad
When: 02 Jun 09 15:42
BBBBBBBooooooooooooooooooooooooooooooooooooooooooooom

:-)

Job Done

Cheers all!
By:
buzzer
When: 02 Jun 09 15:43
well done Johnny
By:
Johnny Wad
When: 02 Jun 09 15:45
cheers buzzer

would have had it all on but couldn't get it matched I/R. got £1,087.01 left in my bank.

still chuffed to bits though

thanks for your advice and support m8
By:
gooner dan
When: 02 Jun 09 15:52
hats off to you mate and glad i picked the same bet as you. layed gonzo 3-0 at lunch @8.2 so very pleasing to come in to see bet won and you having made a tidy sumfrom your 30 winning punts.are you gonna start again cause i might join in with my bank of 225!
By:
Johnny Wad
When: 02 Jun 09 15:52
ok once the Murray game is finished and Bet 30 is settled. The final stats should be

STARTING BANK = £250
BANKED = £2250
CURRENT BANK = £3,043.53
CURRENT PROFIT = £5,043.53
BANKED PROFIT = £2000
By:
SHAPESHIFTER
When: 02 Jun 09 15:58
Congrats on the run. Well played. 12/13 days. Enjoy a cold one this evening.
By:
Johnny Wad
When: 02 Jun 09 16:08
shapeshifter - cheers thats the plan :D

Dan - will probably carry on after a banking a decent amount. Need to have a think

cheers

JW
By:
buzzer
When: 02 Jun 09 16:11
good job Murray didn't play the 2nd set like he did the 3rd, 6-0 ;)
By:
Scamp the man
When: 02 Jun 09 16:12
Well done .
By:
dk1986
When: 02 Jun 09 16:18
Nice one. Happy for ya, Johnny. :)
By:
Go Away Schalke 04
When: 02 Jun 09 16:27
I've seen hundreds of these thread go t1ts up, about time someone went all the way,
well done.
By:
tobermory
When: 02 Jun 09 16:39
So you've turned a £250 Bank into a £3,000 one, and banked £2k on top of that. :) Making nearly 5k from £250 in less than 2 weeks very pleasing to see.

I'd surmise from your opening post that as you have a concept of value you were not just guessing either and had a good idea that these things you layed ought to have been a higher price ;)

Very Well Done to you Johnny, 1st one of these i've seen succeed.You come across as a decent guy from your posts and answered critcism ( which was mostly from me :D ) politely instead of seething which a lot of those who do these threads invariably do.
By:
gleeman
When: 02 Jun 09 16:43
Great effort Johnny -job done with a £5k profit!

Best of luck in future efforts -hope you post them again- it's been great fun just following this!
By:
bobby2424
When: 02 Jun 09 16:49
Well done Johnny Wad.

Ithought banking every now and again was like taking 5 steps forward then 3 steps back.

But it was a sensible way to proceed.

Because putting 100% on each selection and banking nothing would have given you final bank of £9057.91.

But,with the risk of returning to zero £££ bank at any stage :0

Yep wd!!
By:
Blade
When: 02 Jun 09 17:03
bank it all and start again :D
By:
bacchanal
When: 02 Jun 09 17:12
Very well done, mate.
By:
STP
When: 02 Jun 09 17:13
well done :-)
By:
Johnny Wad
When: 02 Jun 09 18:34
Once again cheers for the supportive comments and advice along the way it is very much appreciated. Special thanks to:-

In order of appearance .....

tobermory
beatricegeorge
mary_mungo_midge
Gunnery Sargent Hartman
altobelli
Sexual Harassment Panda
the dza
ROB_D
OVERSEAS
freestyle
sgt bilko
theborderfox
secong coming.
total gambler
bigbadjon
nashwan1965
paulb83
IdleBrain
Twiglets
SA - Lacks middle pace - Faded
SHAPESHIFTER
gleeman
bacchanal
lump0n
STP
Morrigan
tonymontana
Eli Dingle
Luke Dangerfield
Scamp the man
buzzer
gooner dan
bigmo
bluenosebilly
private piles
The Betfairy
dk1986
bobby2424
Blade
bacchanal
STP

also

from US racing forum

Horts
Stewartd

ok I've decided to carry on for a while for the simple reason that posting the selections makes you really focus on making sure that the selections are well thought out and stops any knee jerk bets.

After several years on Betfair I thought I knew everything about the markets but I've learnt quite a lot doing this. I'm not saying that this is the way forward but there is also value to be had at the shorter end of the market particularly laying selections. As someone said earlier in the thread 'less can be more'. I've also noticed that many selections that go in-running trade a lot shorter (LAYS) or longer (backs), this is particularly highlighted with my horse selections where the majority have traded at least 2 points shorter. I think 2 traded odds on and ended up unplaced. I may try some I/R keep bets to improve the value moving forward. Value can also be had where the traders expect the selection to trade shorter at some point I/R.

I'm not kidding myself that there wasn't some luck involved along the way. One tennis bet looked dodgy for a while and one horse finished a close 2nd.

Well I was originally going to bank another £2k leaving a shade over £1k moving forward but I think that is just being greedy so I'm banking £2.5k and carrying on with a bank of £543.53.

Suggested selections are always welcome, I will take full responsibility if I follow them.

After 30 selections

STARTING BANK = £250
BANKED = £4750
CURRENT BANK = £543.53
CURRENT PROFIT = £5,043.53
BANKED PROFIT = £4500


no more bets today!
By:
secong coming.
When: 02 Jun 09 19:56
without doubt johnny you are the KING!!!
congrats again and long live the king and more brackets of 30 in a row!
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