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After years of prolonged lows and fleeting highs on here i've decided to start afresh and stick to a gameplan. It worked for someone else and i hope it can do the same for me. My betting suffers like many from bad money management and impatience. Recently this has really got me down both mentally and financially.
On saturday i put £10 in my empty account backed a short priced winner and then managed over the afternoon to put my balance at around £450. I then did what i always do after a good day in the UK and went stateside for more action. This time though rather than blowing a large chunk i played small and put another £80 or so on. On Sunday i played the 2 footie games and had a few bets on the racing to more small success. In between i've been thinking hard about how not to go the usual route. So i withdrew £250 and from the remainder i am setting aside £500 as a bank for the plan. It's a plan set out for laying horses rather than backing and that's how i'm going to use it.
I'm going to adopt the staking method put forward by Maria Santonix in her much talked about Laying System thread where she turned £3,000 into £100,000 in just under a year. That invloved having 3 price bands/stakes in proportion to the size of the bank which is calculated on a daily basis. However the stakes go up with each new bank high, but they don't go down in line with the bank unless 35% of the bank is lost (this never happened for Maria). The 3 price bands will be the same for my plan as follows.
Prices below 3.5 are staked as 1% of the bank. Prices 3.6 upto 7.4 are staked as 0.6% of the bank and prices 7.5 to 11 are staked as 0.4% of the bank. This is a laying system though and stakes are the backers stake, not my liability.
Maria managed almost 86% success rate across 303 days betting involving 4131 selections. That's an average of nearly 14 selections a day. I'm going to be selecting less per day than that but if i can get the same sort of strike rate using the same price bands then the banking structure should keep me safe. As Maria pointed out, it's all about money management and that's why i'm going to use this thread as a stick to keep me in line. Progress may well be slow,if at all, but Maria showed just what could be done with total patience and an unswerving gameplan. Hopefully i can emulate a fraction of that success. Just to stay liquid on here would be a bonus at the moment ;)
So i'm just going to stick to the plan and keep it simple. I'll post the selections after i've matched them before racing of course and give an update when i can later that day. Any comments will be welcome but not too much abuse please!
On saturday i put £10 in my empty account backed a short priced winner and then managed over the afternoon to put my balance at around £450. I then did what i always do after a good day in the UK and went stateside for more action. This time though rather than blowing a large chunk i played small and put another £80 or so on. On Sunday i played the 2 footie games and had a few bets on the racing to more small success. In between i've been thinking hard about how not to go the usual route. So i withdrew £250 and from the remainder i am setting aside £500 as a bank for the plan. It's a plan set out for laying horses rather than backing and that's how i'm going to use it.
I'm going to adopt the staking method put forward by Maria Santonix in her much talked about Laying System thread where she turned £3,000 into £100,000 in just under a year. That invloved having 3 price bands/stakes in proportion to the size of the bank which is calculated on a daily basis. However the stakes go up with each new bank high, but they don't go down in line with the bank unless 35% of the bank is lost (this never happened for Maria). The 3 price bands will be the same for my plan as follows.
Prices below 3.5 are staked as 1% of the bank. Prices 3.6 upto 7.4 are staked as 0.6% of the bank and prices 7.5 to 11 are staked as 0.4% of the bank. This is a laying system though and stakes are the backers stake, not my liability.
Maria managed almost 86% success rate across 303 days betting involving 4131 selections. That's an average of nearly 14 selections a day. I'm going to be selecting less per day than that but if i can get the same sort of strike rate using the same price bands then the banking structure should keep me safe. As Maria pointed out, it's all about money management and that's why i'm going to use this thread as a stick to keep me in line. Progress may well be slow,if at all, but Maria showed just what could be done with total patience and an unswerving gameplan. Hopefully i can emulate a fraction of that success. Just to stay liquid on here would be a bonus at the moment ;)
So i'm just going to stick to the plan and keep it simple. I'll post the selections after i've matched them before racing of course and give an update when i can later that day. Any comments will be welcome but not too much abuse please!
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Lucky you, I turned £5 into £650 in a wk then down to £56.47 after this weekend on **e seria a and portugesise **, i know it's my own fault but only starting out, will take forum advice on avoiding these two b ollocks leagues in future
good luck mginvest
given that you've been here for so long dont you think that starting with 1/6 of Maria's starting bank is probably a bit on the short side, that could have a undesirable effect because the amounts are so small and you become reckless because they are meaningless to you (just supposing ;) )
Also if things workout well in the beginning you will then wish you would've started with a bigger bank for the same strike rate
given that you've been here for so long dont you think that starting with 1/6 of Maria's starting bank is probably a bit on the short side, that could have a undesirable effect because the amounts are so small and you become reckless because they are meaningless to you (just supposing ;) )
Also if things workout well in the beginning you will then wish you would've started with a bigger bank for the same strike rate
Lusitano - It's a case of making do. I was only prepared to put in a tenner on Sat (i was betting from the inlaws a long way from home on an ancient laptop just for some interest really) so to actually have a working bank is a bonus at the moment. I've got a long way to get last 18 months losses back but at some stage i've got to take the bull by the horns IE either shape up or ship out. Thanks for comments tho.
JM - Been there too many times myself mate. It's almost worse than putting in a decent amount and losing it. That's why i'm making a determined effort and going back to a mode of play that actually did me ok a few years back namely laying horses rather than winner searching but now trying to manage the money properly.
JM - Been there too many times myself mate. It's almost worse than putting in a decent amount and losing it. That's why i'm making a determined effort and going back to a mode of play that actually did me ok a few years back namely laying horses rather than winner searching but now trying to manage the money properly.
Good luck Mginvest. Personally I'm a great believer in strict level stakes, I mean have staking plans ever worked for you in the past? I know the Maria plan worked at the time for her, and I must admit I haven't read her full story as I'm not that interested, but does she still trade and if so has her success continued? She should be worth a mint by now? I guess my belief is that if one can't make it pay to level stakes, then the method won't work long term.
Good luck with this. I came across this challenge and whilst it sounded good I came across 3 main problems...
1) Your selections still have to be sound to profit anywhere near as much as Maria, guessing will be probably elude to small profits/losses.
2) As back prices are usually the highest on here you will always be laying at the highest price and in many times higher than the true price.
3) You are staking more on the horses less likely to lose (under 3.5) which is not mathematically sound.
That said, I hope you do succeed - I'll be following with interest!
1) Your selections still have to be sound to profit anywhere near as much as Maria, guessing will be probably elude to small profits/losses.
2) As back prices are usually the highest on here you will always be laying at the highest price and in many times higher than the true price.
3) You are staking more on the horses less likely to lose (under 3.5) which is not mathematically sound.
That said, I hope you do succeed - I'll be following with interest!
Ok. I should have said that my selections will be based on my own (hopefully) sound logic not just blind luck. Of course there will be losing runs but they are unavoidable. I was going to discard the shorter ones but in the past i've done ok pinpointing dodgy favs. Anyway thanks for the comments so far.
Todays stakes are £5/£3/£1 in line with plan. Selections are
Lingfield
2.50 Chariot Charger
3.50 Pret A Thou
4.20 Callerlilly
Southwell
2.40 Millside
3.10 Blazing Bailey
Wolves
2.00 Stash
3.30 Smalljohn
4.00 New Star
I'll be working for the rest of the day but no doubt i'll check in later to see how it's going.
Todays stakes are £5/£3/£1 in line with plan. Selections are
Lingfield
2.50 Chariot Charger
3.50 Pret A Thou
4.20 Callerlilly
Southwell
2.40 Millside
3.10 Blazing Bailey
Wolves
2.00 Stash
3.30 Smalljohn
4.00 New Star
I'll be working for the rest of the day but no doubt i'll check in later to see how it's going.
Good luck.
I would point out that you will need exceedingly good luck or a very high level of mathematical skill or brilliant inside information.
In general- ITCANTBEDONE-but of course there are a few WHOCANDOIT. Are you one? We shall see. Hoarse racing is the market where one is least likely to succeed. ITDONTMEAN that you won't though. But it is highly unlikely especially as you have been on hear for so long and apparently haven't been able to do it so far.
Good luck.
I hope this is of assistance.
I would point out that you will need exceedingly good luck or a very high level of mathematical skill or brilliant inside information.
In general- ITCANTBEDONE-but of course there are a few WHOCANDOIT. Are you one? We shall see. Hoarse racing is the market where one is least likely to succeed. ITDONTMEAN that you won't though. But it is highly unlikely especially as you have been on hear for so long and apparently haven't been able to do it so far.
Good luck.
I hope this is of assistance.
i always like to see someone admit that having been on here so quite a while they must be doing something wrong and are willing to put some sort of plan in place good luck with this i"ll follow with interest and dont let the odd few who will try and knock you get you down
No damage done today but started well before a couple of winners set the day back. Some of the staking looks slightly out of line with the plan because i was already matched on a couple into the next band and then added to the bet when the price drifted into the next band. Anyway, it took Maria some days before the bank went significantly forward. That's the way of the plan though. Here are the results. My comm rate is 4.1% at the mo.
Wolves 2.00 Stash £2.00 7.27 won £1.92
South 2.40 Mill Side £2.00 8.20 won £1.92
Ling 2.50 Chariot Charger £5.00 3.51 won £4.80
South 2.40 Blazing Bailey £5.00 3.66 won £4.80
Wolves 3.30 Small John £5.00 3.55 lost -£12.75
Ling 3.50 Pret A Thou £3.00 5.10 lost -£12.30
Wolves 4.00 New Star £3.00 6.00 won £2.88
Ling 4.20 Callerlilly £2.00 7.60 won £1.92
Bank £493.19
Loss £6.81
Bank growth -1.4%
Selections 6 winners from 8. 75%
Wolves 2.00 Stash £2.00 7.27 won £1.92
South 2.40 Mill Side £2.00 8.20 won £1.92
Ling 2.50 Chariot Charger £5.00 3.51 won £4.80
South 2.40 Blazing Bailey £5.00 3.66 won £4.80
Wolves 3.30 Small John £5.00 3.55 lost -£12.75
Ling 3.50 Pret A Thou £3.00 5.10 lost -£12.30
Wolves 4.00 New Star £3.00 6.00 won £2.88
Ling 4.20 Callerlilly £2.00 7.60 won £1.92
Bank £493.19
Loss £6.81
Bank growth -1.4%
Selections 6 winners from 8. 75%
Shall watch with interest. Refreshing to see a plan with thought behind it. Good luck mate
Day 2
Stakes the same 5/3/2
MRasen
2.00 Bygones Of Brid
3.00 Laughing Game
3.30 Mocho
Sedg
3.10 Middleton Dene
3.40 Do It For Dalkey
4.10 Scale Bank
South
2.20 Turf Time
2.50 Guto
3.50 Bel Cantor
Stakes the same 5/3/2
MRasen
2.00 Bygones Of Brid
3.00 Laughing Game
3.30 Mocho
Sedg
3.10 Middleton Dene
3.40 Do It For Dalkey
4.10 Scale Bank
South
2.20 Turf Time
2.50 Guto
3.50 Bel Cantor
Day 2 Results
M Ras 2.00 Bygones Of Bird £5.00 3.50 won £4.80
South 2.20 Turf Time £5.00 3.68 won £4.80
South 2.50 Guto £3.00 5.00 won £2.88
M Ras 3.00 Laughing Game £2.00 11.00 won £1.92
Sedg 3.10 Middleton dene £5.00 3.30 won £4.80
M Ras 3.30 Mocho £5.00 3.45 won £4.80
Sedg 3.40 Do It For Dalkey £5.00 3.05 won £4.80
South 3.50 Bel Cantor £3.00 4.40 won £2.88
Sedg 4.10 Scale Bank £3.00 4.70 won £2.88
Days Profit £34.56
Bank £527.75
Profit +£27.75
Bank Growth +5.6%
Selections 15 winners from 17 sels. Strike Rate 88.2%
That's more like it. 5 were top band lays to boot.
Stakes now recalculated with new bank high.
Stakes £5.28 / £3.17 / £2.11
M Ras 2.00 Bygones Of Bird £5.00 3.50 won £4.80
South 2.20 Turf Time £5.00 3.68 won £4.80
South 2.50 Guto £3.00 5.00 won £2.88
M Ras 3.00 Laughing Game £2.00 11.00 won £1.92
Sedg 3.10 Middleton dene £5.00 3.30 won £4.80
M Ras 3.30 Mocho £5.00 3.45 won £4.80
Sedg 3.40 Do It For Dalkey £5.00 3.05 won £4.80
South 3.50 Bel Cantor £3.00 4.40 won £2.88
Sedg 4.10 Scale Bank £3.00 4.70 won £2.88
Days Profit £34.56
Bank £527.75
Profit +£27.75
Bank Growth +5.6%
Selections 15 winners from 17 sels. Strike Rate 88.2%
That's more like it. 5 were top band lays to boot.
Stakes now recalculated with new bank high.
Stakes £5.28 / £3.17 / £2.11
Day 3
Carlisle
2.45 Storm Surge
3.15 Eyre Square
4.15 Gilsland
Ludlow
2.20 Ballydub
3.00 Thehonourablelady
4.00 Sunnyhillboy
Lingfield
1.25 Christmas Coming
2.55 Expensive Problem
4.25 Pastel Blue
South
1.30 Mackintosh
2.05 Colorus
2.40 Inside Story
Carlisle
2.45 Storm Surge
3.15 Eyre Square
4.15 Gilsland
Ludlow
2.20 Ballydub
3.00 Thehonourablelady
4.00 Sunnyhillboy
Lingfield
1.25 Christmas Coming
2.55 Expensive Problem
4.25 Pastel Blue
South
1.30 Mackintosh
2.05 Colorus
2.40 Inside Story
Day3 Results
Ling 1.25 Christmas Coming £3.17 5.80 won £3.04
South 1.30 Mackintosh £3.17 7.00 won £3.04
South 2.05 Colorus £3.17 5.79 lost -£15.18
Lud 2.20 Ballydub £3.17 7.20 won £3.04
South 2.40 Inside Story £3.17 5.30 won £3.04
Ling 2.55 Expensive Problem £2.11 11.00 won £2.02
Lud 3.00 Thishonourabelady £2.11 11.00 won £2.02
Lud 4.00 Sunnyhillboy £3.17 6.00 lost -£15.85
Ling 4.25 Pastel Blue £3.17 3.75 won £3.04
Days Profit -£11.79
Bank £515.96
Profit +£15.96
Bank Growth +3.2%
Selections 22 winners from 26 sels. Strike Rate 84.6%
Carlisle being abandoned didn't hel0,p neither did putting in a Jonjo special at Ludlow but there you go. Onwards and upwards.
Stakes stay the same for Thurs.
Ling 1.25 Christmas Coming £3.17 5.80 won £3.04
South 1.30 Mackintosh £3.17 7.00 won £3.04
South 2.05 Colorus £3.17 5.79 lost -£15.18
Lud 2.20 Ballydub £3.17 7.20 won £3.04
South 2.40 Inside Story £3.17 5.30 won £3.04
Ling 2.55 Expensive Problem £2.11 11.00 won £2.02
Lud 3.00 Thishonourabelady £2.11 11.00 won £2.02
Lud 4.00 Sunnyhillboy £3.17 6.00 lost -£15.85
Ling 4.25 Pastel Blue £3.17 3.75 won £3.04
Days Profit -£11.79
Bank £515.96
Profit +£15.96
Bank Growth +3.2%
Selections 22 winners from 26 sels. Strike Rate 84.6%
Carlisle being abandoned didn't hel0,p neither did putting in a Jonjo special at Ludlow but there you go. Onwards and upwards.
Stakes stay the same for Thurs.
Day 4 Sels
Taunton
3.30 Sahrati
4.00 Share Option
4.30 Quentin D'Ex
South
1.50 Bansha
2.20 First Swallow
3.20 Zaffeu
4.50 Slick Mover
Haven't bothered with the other NH card for obvious reasons. Taunton will prob be off also but i'd already made the sels.
Taunton
3.30 Sahrati
4.00 Share Option
4.30 Quentin D'Ex
South
1.50 Bansha
2.20 First Swallow
3.20 Zaffeu
4.50 Slick Mover
Haven't bothered with the other NH card for obvious reasons. Taunton will prob be off also but i'd already made the sels.
Best of luck with this mate.
Putting thought into it rather than just random bets can only do you good
Putting thought into it rather than just random bets can only do you good
Dodgy, haven't you heard about one of your fellow K9's random bets that beat Thommo's form bets? :0 :0
Added in at Hunt now Taunton off
1.40 Dawn At Sea
2.10 South Bank
3.10 Star Du Grantis
1.40 Dawn At Sea
2.10 South Bank
3.10 Star Du Grantis
Has a one-eyed-ready-for-retirement Zaffeu scuppered this thread? :0
Sorry Guys. Fell off the wagon on the first circuit. :(
I did lay all of Thursdays selections but to more than i should have and of course Zaffeu bit me on the ass. You all know what happened then - red mist. The only consolation is that off the 10 top band lays ie under 3.5 i got 9 right. I will be back to try the plan again but with more cash behind me. A someone said earlier they didn't think the returns would be enough for me using the minimum bank. They were right.
I'm down but i'm not out. Next time though i will be sticking to lower prices probably less than 8.0. Also i think the staking needs a more comprehensive band. The jump from under 3.5 stakes to over 3.5-7.4 is too broad i think.
I did lay all of Thursdays selections but to more than i should have and of course Zaffeu bit me on the ass. You all know what happened then - red mist. The only consolation is that off the 10 top band lays ie under 3.5 i got 9 right. I will be back to try the plan again but with more cash behind me. A someone said earlier they didn't think the returns would be enough for me using the minimum bank. They were right.
I'm down but i'm not out. Next time though i will be sticking to lower prices probably less than 8.0. Also i think the staking needs a more comprehensive band. The jump from under 3.5 stakes to over 3.5-7.4 is too broad i think.
mginvest, you need to work on your mental focus. Treat it like a job. Would your bosses find it acceptable for you to have blown a budget you were in charge of after five days? Treat this the same.
After several ups and downs i've finally set aside a new bank to restart this plan. The rules will basically stay the same as Maria's except i have altered the price bands and the stake percentages. From now on the price bands and stakes will be 3.5 or less 2%, 3.6 to 5.9 1.3% and 6.0 to 7.8 0.8%.
The bank will be £1000 and i'm going to limit the number of lays to 4 a day. Also i'll be withdrawing some profits at various stages in a bid to redress the balance on my many deposits over the last few years.
I know the last plan went t1ts up early on but that was down to my stupidity so hopefully i've learnt a lesson and can move on.
First day will be Thursday so i'll update before racing tomorrow.
The bank will be £1000 and i'm going to limit the number of lays to 4 a day. Also i'll be withdrawing some profits at various stages in a bid to redress the balance on my many deposits over the last few years.
I know the last plan went t1ts up early on but that was down to my stupidity so hopefully i've learnt a lesson and can move on.
First day will be Thursday so i'll update before racing tomorrow.
IMHO Maria's key was not her staking plan but her selections. She was great.
Good luck. You are on the right path and with a few adjustments you will succeed...but...and this is a big but, you
will need to analyse why Maria was (apparently) successful. Several factors are critical:
long term approach,
fixed small stake,
odds range
discipline
early odds
I believe it was a combination of these factors which produce long-term success, not only for Maria, but others on here. I know that BTO employs a similar laying strategy as mine and others who enjoy laying.
All the best my friend. Remember to hang in there in the rough days ahead...I guarantee there will be many of those! ( If it was easy, everyone would do it, right?)
will need to analyse why Maria was (apparently) successful. Several factors are critical:
long term approach,
fixed small stake,
odds range
discipline
early odds
I believe it was a combination of these factors which produce long-term success, not only for Maria, but others on here. I know that BTO employs a similar laying strategy as mine and others who enjoy laying.
All the best my friend. Remember to hang in there in the rough days ahead...I guarantee there will be many of those! ( If it was easy, everyone would do it, right?)
NO - I agree her selections were vg but the staking plan kept her out of harm when the going got a little rough. I failed in the last attempt because i let outside financial influences come into it which triggered me into first raising the stakes beyomd the rules and then chasing when i got a hit. Selection wise i hit the hoped for targets especially in the less than 3.5 band. Anyway we'll see. Thanks to those wishing GL.
Stakes today are £20/£13/£8 and the bands are 3.5 or less/3.6 to 5.9/6.0 to 7.8
Selections are
Cheltenham
2.10 Pepe Simo
Newmarket
3.00 Equiano
4.10 Tranquil Tiger
Ripon
3.45 William Morgan
Stakes today are £20/£13/£8 and the bands are 3.5 or less/3.6 to 5.9/6.0 to 7.8
Selections are
Cheltenham
2.10 Pepe Simo
Newmarket
3.00 Equiano
4.10 Tranquil Tiger
Ripon
3.45 William Morgan
Too much focus on the staking, not enough on the selections being good value lays, IMO.
Maria either got there because she got lucky (of 100000 challenge threads, the odds are that there will be a successful one, and because of the way the internet and human nature works, that one is lauded while the other 99999 are forgotten about) or because she actually had an edge when it came to selecting her selections.
Staking is mere fine tuning, the icing on the cake, nowhere near the whole cake itself.
GL, you write well, if you can apply that intelligence to your selection method then you have more than half a chance IMO.
Maria either got there because she got lucky (of 100000 challenge threads, the odds are that there will be a successful one, and because of the way the internet and human nature works, that one is lauded while the other 99999 are forgotten about) or because she actually had an edge when it came to selecting her selections.
Staking is mere fine tuning, the icing on the cake, nowhere near the whole cake itself.
GL, you write well, if you can apply that intelligence to your selection method then you have more than half a chance IMO.
Day 1 Lay Results
Chelt 2.10 Pepe Semo 3.96 £13 WON
Newm 4.00 Equiano 4.6 £13 lost
Rip 3.45 William Morgan 5.5 £13 WON
Newm 4.10 Tranquil Tiger 4.2 £13
Comm rate 3.38%
Profit/Loss on the day -£9.12
Bank £990.88
Stakes stay the same tomorrow.
Just a very short head away from a clean sweep today. Nevermind. I resisted any chasing other bets etc even though i saw plenty go in that i might have gone for. Hopefully tomorrow will show a profit.
Chelt 2.10 Pepe Semo 3.96 £13 WON
Newm 4.00 Equiano 4.6 £13 lost
Rip 3.45 William Morgan 5.5 £13 WON
Newm 4.10 Tranquil Tiger 4.2 £13
Comm rate 3.38%
Profit/Loss on the day -£9.12
Bank £990.88
Stakes stay the same tomorrow.
Just a very short head away from a clean sweep today. Nevermind. I resisted any chasing other bets etc even though i saw plenty go in that i might have gone for. Hopefully tomorrow will show a profit.
Good luck mate hope you can turn it around and make a couple of quid but I honestly think this staking system is flaud in so many ways, people seem to get pulled in by it cause maria made it work but there's many who have used it and have gone bankrupt, no system works unless you have an edge and can pick losers 85 - 90% of the time I dont think you can get away with 70-80% success rate with laying anymore and todays markets are not like what it was like when maria had her success, things have changed imo I dont think the value is there anymore and when you do win you are going to get done by commission and if your really successful you will have the PC charge to contend with, gl mate hope it goes well but unless you can get full houses everyday of the week when you lay then this system will not work, it just takes one loss and you are chasing losses
Day 1 Lay Results amended
Chelt 2.10 Pepe Semo 3.96 £13 WON
Newm 4.00 Equiano 4.6 £13 lost
Rip 3.45 William Morgan 5.5 £13 WON
Newm 4.10 Tranquil Tiger 4.2 £13 WON
Kemp 8.40 Beauchamp Wizard 5.6 £13 WON
Comm rate 3.38%
Profit/Loss on the day + £3.44
Bank £1003.44
Strike Rate 4/5 80%
Stakes for day 2 are now £20.06/£13.04/£8.02
Don't worry guys. That eveing lay was thoroughly thought through. I hadn't looked at the evening racing until this evening. I'll have to take consideration for the evening stuff now when time allows. So a small profit afterall. :)
Chelt 2.10 Pepe Semo 3.96 £13 WON
Newm 4.00 Equiano 4.6 £13 lost
Rip 3.45 William Morgan 5.5 £13 WON
Newm 4.10 Tranquil Tiger 4.2 £13 WON
Kemp 8.40 Beauchamp Wizard 5.6 £13 WON
Comm rate 3.38%
Profit/Loss on the day + £3.44
Bank £1003.44
Strike Rate 4/5 80%
Stakes for day 2 are now £20.06/£13.04/£8.02
Don't worry guys. That eveing lay was thoroughly thought through. I hadn't looked at the evening racing until this evening. I'll have to take consideration for the evening stuff now when time allows. So a small profit afterall. :)
well done mate and good luck, at least this thread has been though out , not like the absolute rubbish that this forum consists of nowadays
Hello Shabba.... 15 Apr 19:25
I would have to strongly disagree with your discouraging view of laying. Checking my stats for this WEEK, I have laid 573 bets and taken 12% profit AFTER commission. I know nothing of horses, but plenty about bookmaking. There are layers (Maria being a rather well-known example) making it pay. I disagree with the view that the selections are crucial, rather the opposite...the odds and staking are crucial. Bookmakers know this, and have know it for many, many years.
Ask yourself this question: Who profits in this game? Who is still standing after 200 years of betting? That's right...the good old bookie.
Good luck to all my fellow layers and bookies! Keep the horseshoes pointed down!
I would have to strongly disagree with your discouraging view of laying. Checking my stats for this WEEK, I have laid 573 bets and taken 12% profit AFTER commission. I know nothing of horses, but plenty about bookmaking. There are layers (Maria being a rather well-known example) making it pay. I disagree with the view that the selections are crucial, rather the opposite...the odds and staking are crucial. Bookmakers know this, and have know it for many, many years.
Ask yourself this question: Who profits in this game? Who is still standing after 200 years of betting? That's right...the good old bookie.
Good luck to all my fellow layers and bookies! Keep the horseshoes pointed down!
Day 2
As indicated last night i'm adjusting the max number of lays if there is eveing racing. Basically i'm treating the evening meets as a different session or day. It makes sense if there are more meetings to allow for this. I'm still well under the number of lays Maria used to make a day. Basically a max of 4 in any day or evening meets.
Stakes for day 2 are £20.06/£13.04/£8.02
Day Lays
Ayr
2.20 Bene Lad
4.35 Catch The Perk
5.10 Ramsden Boy
Newbury
3.15 Bullet Train
Evening Lays
Kemp
6.25 Diamond Johnny G
7.30 Caramelita
9.00 Global Village
Chelt
5.00 Its Crucial
Let's hope there are no surprises in there.
As indicated last night i'm adjusting the max number of lays if there is eveing racing. Basically i'm treating the evening meets as a different session or day. It makes sense if there are more meetings to allow for this. I'm still well under the number of lays Maria used to make a day. Basically a max of 4 in any day or evening meets.
Stakes for day 2 are £20.06/£13.04/£8.02
Day Lays
Ayr
2.20 Bene Lad
4.35 Catch The Perk
5.10 Ramsden Boy
Newbury
3.15 Bullet Train
Evening Lays
Kemp
6.25 Diamond Johnny G
7.30 Caramelita
9.00 Global Village
Chelt
5.00 Its Crucial
Let's hope there are no surprises in there.
Day 2 Lay Results
Ayr 2.20 Bene Lad £20.06 4.02 Won +£19.38
New 3.15 Bullet Train £20.06 3.20 Won +£19.38
Ayr 4.35 Catch The Perk £13.04 4.10 Lost -£40.42
Chel 5.00 It's Crucial £8.02 7.20 Won +£7.75
Ayr 5.10 Ramsden Boy £13.04 6.33 Lost -£69.50
Kemp 6.25 Diamond Johnny G £20.06 2.58 Won +£19.38
Kemp 7.30 Caramalita £8.02 7.70 Won +£7.75
Kemp 9.00 Global Village £20.06 2.64 Lost -£32.90
Comm rate 3.39%
Profit/Loss on the day - £69.18
Strike Rate on the day 5/8 62.5%
Bank £934.26
Overall Profit/Loss - £65.74
Strike Rate 9/13 69%
A good start then 2 nasty losers and then a loser right at the death. It's gonna happen. Hopefully i'll get a clean sweep tomorrow and repair the deficit. Just to avoid any confusion the stake on Bene Lad was top band because after the initial £13.04 lay the price came in and i got the rest matched at 3.5. I'm always leaving in the balance at the edge of each band just in case.
I've also deposited £200 to use outside of this plan on anything i see that deserves a back. It's seperate funds not used in the lay bets but it's there to make a profit if poss. I think having it there will actually help me concentrate on sticking to this lay plan.
Ayr 2.20 Bene Lad £20.06 4.02 Won +£19.38
New 3.15 Bullet Train £20.06 3.20 Won +£19.38
Ayr 4.35 Catch The Perk £13.04 4.10 Lost -£40.42
Chel 5.00 It's Crucial £8.02 7.20 Won +£7.75
Ayr 5.10 Ramsden Boy £13.04 6.33 Lost -£69.50
Kemp 6.25 Diamond Johnny G £20.06 2.58 Won +£19.38
Kemp 7.30 Caramalita £8.02 7.70 Won +£7.75
Kemp 9.00 Global Village £20.06 2.64 Lost -£32.90
Comm rate 3.39%
Profit/Loss on the day - £69.18
Strike Rate on the day 5/8 62.5%
Bank £934.26
Overall Profit/Loss - £65.74
Strike Rate 9/13 69%
A good start then 2 nasty losers and then a loser right at the death. It's gonna happen. Hopefully i'll get a clean sweep tomorrow and repair the deficit. Just to avoid any confusion the stake on Bene Lad was top band because after the initial £13.04 lay the price came in and i got the rest matched at 3.5. I'm always leaving in the balance at the edge of each band just in case.
I've also deposited £200 to use outside of this plan on anything i see that deserves a back. It's seperate funds not used in the lay bets but it's there to make a profit if poss. I think having it there will actually help me concentrate on sticking to this lay plan.
Day 3 Selections
Stake bands the same as yesterday.
Ayr 1.45 Ascendant
I'll be posting others as i go.
Stake bands the same as yesterday.
Ayr 1.45 Ascendant
I'll be posting others as i go.
1 success already. Here are the other 3 selections for this afternoon.
Ayr
5.05 Middleston Dene
Thirsk
1.55 Sir George
Newbury
3.05 Lady Of The Desert
Ayr
5.05 Middleston Dene
Thirsk
1.55 Sir George
Newbury
3.05 Lady Of The Desert
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