What to do next.........

well done that man. withdraw half and keep going

Always protect your own money (your start bank of 350)
From your start bank each bet should be level stakes at the minimum bet
for your country.

With the profits, bet 0.5% of the profits for every 5% edge you have

So if you have ascertained an edge of 15% after deductions of commission
You would bet the minimum plus 1.5% of your profits

Your profit is 710 so 710*1.5% = 10.6 add to the minimum in UK ~ 2 = next bet
of 12.6

All wins and losses to be credited to Profits column. If the profit column gets to negative your bets then would be 2.00 the minimum until showing a profit again.

Keep protecting your own money and compound the profits according to your edge.

Gulp !

Bank now £1250

What should i do next. Take the £1000 out and play on ?

Bank now £1250

What should i do next. Take the £1000 out and play on ?

2010-03-06
17:22 10271547887 2010-03-05
20:15 Fixtures 06 March Arsenal v Burnley / Corners Odds
Comm Charged 4.68% On Net winnings of GBP11.1 - - - (0.52) 1,328.26
2010-03-06
17:22 10271547886 2010-03-05
20:15 Fixtures 06 March Arsenal v Burnley / Corners Odds / 10 - 12
Back 3.11 10.00 Won 21.10 1,328.78
2010-03-06
17:22 10271547887 2010-03-05
20:15 Fixtures 06 March Arsenal v Burnley / Corners Odds / 9 or less
Back 3.06 10.00 Lost (10.00) 1,307.68
2010-03-06
17:15 10274827868 2010-03-06
10:53 GB Donc 6th Mar / 17:10 To Be Placed / Andreas
Back 2.47 2.00 Lost (2.00) 1,317.68
2010-03-06
17:15 10274646664 2010-03-06
10:27 GB Donc 6th Mar / 17:10 To Be Placed / Andreas
Back 2.44 2.00 Lost (2.00) 1,319.68
2010-03-06
17:10 10280189598 2010-03-06
16:47 GB Kemp 6th Mar / 17:05 2m NHF
Comm Charged 4.7% On Net winnings of GBP10 - - - (0.47) 1,321.68

Compound Magic 28 Feb 15:17
Always protect your own money (your start bank of 350)
From your start bank each bet should be level stakes at the minimum bet
for your country.

With the profits, bet 0.5% of the profits for every 5% edge you have

So if you have ascertained an edge of 15% after deductions of commission
You would bet the minimum plus 1.5% of your profits

Your profit is 710 so 710*1.5% = 10.6 add to the minimum in UK ~ 2 = next bet
of 12.6

All wins and losses to be credited to Profits column. If the profit column gets to negative your bets then would be 2.00 the minimum until showing a profit again.

Keep protecting your own money and compound the profits according to your edge.

Hi Compound
How much do you charge?
It´s a serious question.
I have a great strike rate, but am worried I will lose my edge.
Can you advise me on staking if I show you my last 3 months P/L to make it even more profitable??

Edge edge edge is all i hear on here, jeez 90% of us aint got a **g clue what an edge is or if we do aint got a clue how to find one

Just ** enjoy a punt for wot it is

Bank now zero.
What do I do next ?
Top myself ?

Btw Compound.
Don't you think it's a bit early estimating what edge you have gained after only 3 days of betting ( in this chappie's case ) ?
Also shouldn't your strike rate should always play a role in attempting to protect your capital.
If it is slow then you need more capital and vice versa.
Just throwing in a few incidental thoughts for comment.

I think some newbies may mistake a winning streak of guessing correctly, to be an edge when it's just a lucky streak. An edge (to me at least) is a long term or temporary flaw in a market or series of bets that represents value, giving you a slightly better than true return.

Right. So.


Started with a bank of £350.

Turned that into £1300.

Withdrew £1000

Invsted £200 on Cheltenham on Master Minded, Kalahari King, Big Zeb, Big Bucks, Tidal Bay, Karabak, Kauto Star and Deman.

So covered by stake on the outsiders in the race.

Bank now £100.


Have I made the right move?

NO

You don't even know what the GOING will be yet ....how can you bet BEFORE knowing that?

So many legs pulled its like a spiders graveyard in here.

wd bondy B-)

Stake and *****tonight anyway.

so you reckon I should not bet over £20 a bet?

thoughts ?

lay the favs at cheltenham :|

why?

too competitive ! favs graveyard

Kauto and Denman one will win. Masterminded and Big Bucks gotta dam good chance. Im happy to take my chance.

GB / Chelt 19th Mar / Gold Cup Kauto Star Back 10356292943 14-Mar-10
21:30 1.72 75.00 1.72 14-Mar-10 21:30

GB / Chelt 19th Mar / Gold Cup Denman Back 10356292944 14-Mar-10
21:30 5.2 19.00 5.2 14-Mar-10 21:30

GB / Chelt 19th Mar / Gold Cup Denman Back 10333652433 12-Mar-10
19:23 5.5 2.00 5.5 12-Mar-10 19:23

GB / Chelt 19th Mar / Gold Cup Kauto Star Back 10333650220 12-Mar-10
19:23 1.77 8.00 1.77 12-Mar-10 19:23

GB / Chelt 18th Mar / World Hrd Big Bucks Back 10333643190 12-Mar-10
19:22 1.7 10.00 1.7 12-Mar-10 19:22

GB / Chelt 18th Mar / World Hrd TBP Tidal Bay Back 10333641546 12-Mar-10
19:22 2.26 5.00 2.26 12-Mar-10 19:22

GB / Chelt 17th Mar / Champion Chs TBP Master Minded Back 10333634442 12-Mar-10
19:22 1.3 5.00 1.3 12-Mar-10 19:22

GB / Chelt 16th Mar / Arkle Chs TBP Captain Cee Bee Back 10293042584 07-Mar-10
21:25 2.22 30.00 2.22 07-Mar-10 21:25

GB / Chelt 16th Mar / Arkle Chs Captain Cee Bee Back 10293040655 07-Mar-10
21:25 4.3 7.00 4.3 07-Mar-10 21:25

GB / Chelt 17th Mar / Champion Chs Master Minded Back 10282379512 06-Mar-10
19:36 1.97 12.00 1.97 06-Mar-10 19:36

GB / Chelt 19th Mar / Gold Cup Denman Back 10282370181 06-Mar-10
19:36 5.1 4.00 5.1 06-Mar-10 19:36

GB / Chelt 19th Mar / Gold Cup Kauto Star Back 10282367676 06-Mar-10
19:35 1.78 13.00 1.78 06-Mar-10 19:35

GB / Chelt 18th Mar / World Hrd Karabak Back 10282362010 06-Mar-10
19:35 10.5 2.00 10.5 06-Mar-10 19:35

GB / Chelt 18th Mar / World Hrd Tidal Bay Back 10282358993 06-Mar-10
19:35 8.8 2.00 8.8 06-Mar-10 19:35

GB / Chelt 18th Mar / World Hrd Big Bucks Back 10282356913 06-Mar-10
19:34 1.76 3.00 1.76 06-Mar-10 19:34

GB / Chelt 17th Mar / Champion Chs Big Zeb Back 10282351073 06-Mar-10
19:34 10.5 2.00 10.6 06-Mar-10 19:34

GB / Chelt 17th Mar / Champion Chs Kalahari King Back 10282346718 06-Mar-10
19:33 6.6 2.00 6.6 06-Mar-10 19:33

GB / Chelt 17th Mar / Champion Chs Master Minded Back 10282345101 06-Mar-10
19:33 1.97 9.00 1.97 06-Mar-10 19:33

GB / Chelt 17th Mar / Champion Chs Big Zeb Back 10275821007 06-Mar-10
12:41 10 3.00 10 06-Mar-10 12:41

GB / Chelt 17th Mar / Champion Chs Kalahari King Back 10275821008 06-Mar-10
12:41 7 2.00 7 06-Mar-10 12:41

GB / Chelt 18th Mar / World Hrd Big Bucks Back 10275813588 06-Mar-10
12:40 1.76 5.00 1.76 06-Mar-10 12:40

GB / Chelt 18th Mar / World Hrd Karabak Back 10269755285 05-Mar-10
17:24 10.5 2.00 10.5 05-Mar-10 17:24

GB / Chelt 18th Mar / World Hrd Tidal Bay Back 10269752485 05-Mar-10
17:24 8.8 2.00 8.8 05-Mar-10 17:24

GB / Chelt 18th Mar / World Hrd Big Bucks Back 10269748280 05-Mar-10
17:24 1.75 10.00 1.75 05-Mar-10 17:24

GB / Chelt 17th Mar / Champion Chs Kalahari King Back 10269733053 05-Mar-10
17:23 7 4.00 7 05-Mar-10 17:23

GB / Chelt 17th Mar / Champion Chs Master Minded Back 10269728026 05-Mar-10
17:23 1.93 10.00 1.93 05-Mar-10 17:23

GB / Chelt 18th Mar / World Hrd Big Bucks Back 10262295362 04-Mar-10
18:59 1.73 8.00 1.73 04-Mar-10 18:59

GB / Chelt 18th Mar / World Hrd Tidal Bay Back 10262294089 04-Mar-10
18:59 9.2 2.00 9.2 04-Mar-10 18:59

GB / Chelt 17th Mar / Champion Chs Master Minded Back 10262283058 04-Mar-10
18:57 1.95 10.00 1.95 04-Mar-10 18:57

GB / Chelt 17th Mar / Champion Chs Kalahari King Back 10262283059 04-Mar-10
18:57 7.2 3.00 7.2 04-Mar-10 18:57

GB / Chelt 17th Mar / Champion Chs Master Minded Back 10258823857 04-Mar-10
13:44 1.94 5.00 1.94 04-Mar-10 13:44

GB / Chelt 19th Mar / Gold Cup Denman Back 10258820657 04-Mar-10
13:44 5.1 4.00 5.1 04-Mar-10 13:44

GB / Chelt 19th Mar / Gold Cup Kauto Star Back 10258818002 04-Mar-10
13:44 1.8 15.00 1.8 04-Mar-10 13:44

GB / Chelt 18th Mar / World Hrd Big Bucks Back 10258813010 04-Mar-10
13:43 1.74 10.00 1.74 04-Mar-10 13:43

GB / Chelt 17th Mar / Champion Chs Master Minded Back 10258754997 04-Mar-10
13:35 1.94 10.00 1.94 04-Mar-10 13:35

GB / Chelt 17th Mar / Champion Chs Master Minded Back 10253110791 03-Mar-10
18:07 1.92 6.00 1.92 03-Mar-10 18:07

GB / Chelt 17th Mar / Champion Chs Master Minded Back 10246204425 02-Mar-10
21:57 1.89 10.00 1.89 02-Mar-10 22:49


this to kick on past £1300 bank