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Tennis.........Yes I can......

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By:
horselover777
When: 18 May 09 15:45
I backed

Caleri 1.52
By:
horselover777
When: 18 May 09 17:00
Peng = scratch trade 2nd set

Granolers = scratch trade 1st set TB

Mattek Sands = scratch trade 2nd set TB

Beck = scratch trade 2nd set

Sharapova = scratch trade 3rd set

Wozniak = loser :(

Rezai = winner

Bellucci = loser :(

Calleri = scratch trade 2nd set
By:
horselover777
When: 18 May 09 19:23
Tennis: -USD1,243.78 Total P&L: -USD1,243.78


Tennis Showing 1 - 9 of 9 markets of 548 markets

Market Start time Settled date Profit/loss ($)
Tennis / Lu v Calleri : Match Odds 18-May-09 15:30 18-May-09 21:00 15.17
Tennis / Bellucci v Koellerer : Match Odds 18-May-09 17:30 18-May-09 19:33 -833.98
Tennis / Wozniak v Goerges : Match Odds 18-May-09 15:45 18-May-09 19:23 -600.00
Tennis / Rezai v Bammer : Match Odds 18-May-09 14:30 18-May-09 19:06 329.00
Tennis / Garbin v Sharapova : Match Odds 18-May-09 15:15 18-May-09 19:05 34.86
Tennis / Hernych v A Beck : Match Odds 18-May-09 14:15 18-May-09 17:20 1.72
Tennis / Peng v Glatch : Match Odds 18-May-09 13:00 18-May-09 15:36 -21.75
Tennis / Granollers v Gabashvili : Match Odds 18-May-09 13:00 18-May-09 15:35 0.00
Tennis / Keothavong v Mattek Sands : Match Odds 18-May-09 13:15 18-May-09 15:24 -168.80


Tennis: -USD6,173.78 Total P&L: -USD6,173.78
By:
GranpaChook.
When: 18 May 09 19:30
How'd you lose so much on the Bellucci match?
By:
Roger OASIS
When: 19 May 09 00:31
The amounts are there Grandpa.
By:
Roger OASIS
When: 19 May 09 00:32
Believe me, Iam very sorry to see those figures Horselover.
By:
horselover777
When: 19 May 09 04:58
GranpaChook. 18 May 22:30


How'd you lose so much on the Bellucci match?


this is because of my exit strat.
By:
horselover777
When: 19 May 09 05:01
Roger OASIS 19 May 03:32


Believe me, Iam very sorry to see those figures Horselover.



I really believe you, Roger. it was one of the bad days, because of the way Woz and Bellucci prices moved.

thanks mate
By:
horselover777
When: 19 May 09 08:50
I backed

Yakimova 1.36

Lepchenko 1.67

M.Garrigues 1.53
By:
horselover777
When: 19 May 09 08:56
I backed

Dokic 1.45
By:
horselover777
When: 19 May 09 10:05
I backed

Benneteau 1.53

Ancic 1.35
By:
grahamwestleyisthemessiah
When: 19 May 09 10:20
How'd you lose so much on the Bellucci match?

this is because of my exit strat.


ROFL. You been to the bank for a loan yet horselover?
By:
horselover777
When: 19 May 09 10:23
no fill for Ancic
By:
horselover777
When: 19 May 09 10:49
I backed

Simon 1.26
By:
horselover777
When: 19 May 09 10:51
I backed

Hantuchova 1.26
By:
horselover777
When: 19 May 09 11:16
I backed

Koubek 1.73
By:
horselover777
When: 19 May 09 11:50
I backed

Chela 1.65
By:
horselover777
When: 19 May 09 11:52
I backed

Capdeville 1.71
By:
horselover777
When: 19 May 09 12:48
I backed

Hernandez 1.54
By:
GranpaChook.
When: 19 May 09 13:05
I thought you only risked £600 on each bet which is why I asked as you lost £800 on that match.

How much are you staking on each bet?
By:
horselover777
When: 19 May 09 13:28
I backed

Dechy 1.63
By:
horselover777
When: 19 May 09 13:30
I backed

Koryttseva 1.80
By:
horselover777
When: 19 May 09 15:01
I backed

Sodeling 1.40
By:
horselover777
When: 19 May 09 16:05
I backed

Johansson 1.73
By:
horselover777
When: 19 May 09 16:15
Johansson only partly fill at 1.73 for 258.96
By:
horselover777
When: 19 May 09 19:17
Yakimova = winner

Lepchenko = loser :(

M.Garrigues = scratch trade 2nd set

Dokic = loser :(

Benneteau = winner

Simon = loser :(

Hantuchova = winner

Koubek = scratch trade 1st set TB

Capdeville = loser :(

Chela = scratch trade 1st set 5-6

Hernandez = winner

Dechy = scratch trade 2nd set

Koryttseva = scratch trade 2nd set

Johansson = scratch trade 1st set 5-4

Soderling = winner
By:
horselover777
When: 19 May 09 19:21
Tennis: -USD1,510.53 Total P&L: -USD1,510.53


Tennis Showing 1 - 15 of 15 markets of 563 markets

Market Start time Settled date Profit/loss ($)
Tennis / Johansson v Cohen Aloro : Match Odds 19-May-09 15:45 19-May-09 21:07 18.25
Tennis / Soderling v Querrey : Match Odds 19-May-09 18:00 19-May-09 19:28 230.88
Tennis / Kudryavtseva v Dechy : Match Odds 19-May-09 14:30 19-May-09 18:55 -73.43
Tennis / U Radwanska v Koryttseva : Match Odds 19-May-09 14:30 19-May-09 18:36 -13.69
Tennis / Chela v Gicquel : Match Odds 19-May-09 14:15 19-May-09 17:20 -131.05
Tennis / Santoro v Hernandez : Match Odds 19-May-09 15:30 19-May-09 17:12 311.69
Tennis / Hantuchova v Llagostera Vives : Match Odds 19-May-09 13:15 19-May-09 16:14 150.06
Tennis / Koubek v Petzschner : Match Odds 19-May-09 14:15 19-May-09 15:55 75.60
Tennis / Capdeville v Junqueira : Match Odds 19-May-09 14:15 19-May-09 15:46 -810.60
Tennis / Simon v Schuettler : Match Odds 19-May-09 14:00 19-May-09 15:42 -600.00
Tennis / Benneteau v Sela : Match Odds 19-May-09 13:00 19-May-09 14:33 303.54
Tennis / Medina Garrigues v Wickmayer : Match Odds 19-May-09 12:00 19-May-09 14:29 20.43
Tennis / Lepchenko v Parmentier : Match Odds 19-May-09 12:00 19-May-09 14:22 -600.00
Tennis / Ani v Yakimova : Match Odds 19-May-09 12:00 19-May-09 14:18 207.79
Tennis / Dokic v Olaru : Match Odds 19-May-09 12:00 19-May-09 13:49 -600.00


Tennis: -USD7,684.31 Total P&L: -USD7,684.31
By:
McChicken_Sandwich
When: 19 May 09 19:23
This thread is painful.

Please rethink your method.

It simply doesn't work.
By:
internet
When: 19 May 09 21:56
far too many selections again, also why did you not scratch Hantuchova? plus I wouldn't really class Chela as a scratch trade, sorry to be negative again but how long are you going to do this? you will lose it all soon if this continues
By:
nathanrh
When: 19 May 09 23:04
horselover,

I commented on this thread probably a month ago and sadly for you the losses just seem to be increasing.

It strikes me something like the opposite of what you are doing would be a very profitable system, i.e. laying the odds-on favourite at the start whilst maintaining your exit strategy.

Currently all of the losing sub 1.5 shots seem to be costing you anywhere between 600 & 900$, where as laying them at the start would cost only a fraction of that (you can still have an exit strategy if the price moves against you).

When you are backing short value favs you clearly can't afford such a low strike rate.

The other issue is that you appear not to have a selection criteria, in the ideal world Betfairs odds would be the closest thing to a perfect representation of a players chance of winning, and over the long term you'd be still losing slightly because of commission.

After a year or so on here its only now I'm starting to turn a slight profit, and like you I underwent a painful learning experience. Without some idea in your mind whether a particular price represents value you won't have an edge to exert and will ultimately wind up broke.

Regards
By:
Roger OASIS
When: 19 May 09 23:29
Internet:

Horselover's bank (as he stated on page 1) = 20 x 600 i.e. US$ 12,000
By:
Roger OASIS
When: 19 May 09 23:57
nathanrh 20 May 00:04

horselover,

I commented on this thread probably a month ago and sadly for you the losses just seem to be increasing.

It strikes me something like the opposite of what you are doing would be a very profitable system, i.e. laying the odds-on favourite at the start whilst maintaining your exit strategy.

Currently all of the losing sub 1.5 shots seem to be costing you anywhere between 600 & 900$, where as laying them at the start would cost only a fraction of that (you can still have an exit strategy if the price moves against you).

When you are backing short value favs you clearly can't afford such a low strike rate.


Excellent point and general contribution nathan and horselover you were going to check your results when somebody suggested only backing above say 1.4.

Horselover, I think you have to ask yourself, if you were going into a bookmakers and putting $600 in actual cash down, would you still continue with your current strategy? I'd suggest not.
We can all forget at times that we are dealing with actual money because we just sit behind a screen, press a button and heyho is our bet placed.

I would respectfully suggest that until you can devolve a new method, retune this system etc etc, that perhaps you should reduce your stakes to perhaps $100 or $ 200?

Best of luck anyway. I genuinely hope you succeed.
By:
horselover777
When: 20 May 09 07:03
good morning

I will answer you later in the afternoon. I will be out today so it is a good chance to recheck and rethink my strategy. although I don't see to many possibilities for changing. %age wise the loss is not much in regard to the turnover.
one proposed in another posting to trade the exit strategy only. on paper this strat is really good. but it is paper, and I know that paper and real is always a big difference.

thanks for the postings and well meant tips.

good luck all
By:
grahamwestleyisthemessiah
When: 20 May 09 15:47
ROFL. Bank loan yet?
By:
horselover777
When: 21 May 09 08:42
hello, came back late yesterday.

internet 20 May 00:56


far too many selections again, also why did you not scratch Hantuchova? plus I wouldn't really class Chela as a scratch trade, sorry to be negative again but how long are you going to do this? you will lose it all soon if this continues


I didn't scratch Hantuchova, because sometimes the exit strategy allows me to stay in a match longer.

cheers
By:
horselover777
When: 21 May 09 08:48
nathanrh,

really appreciate your opinion and tips. I am still convinced I will get out of the minus, but surely getting worried and a bit unsecure.

I will stop for a few days and start checking all my bets and see where I could have made better or different.

I also want go deeper in testing if the exit strat only would make sense.

thanks again and good luck
By:
horselover777
When: 21 May 09 08:56
Roger OASIS

Horselover, I think you have to ask yourself, if you were going into a bookmakers and putting $600 in actual cash down, would you still continue with your current strategy? I'd suggest not.
We can all forget at times that we are dealing with actual money because we just sit behind a screen, press a button and heyho is our bet placed.

I would respectfully suggest that until you can devolve a new method, retune this system etc etc, that perhaps you should reduce your stakes to perhaps $100 or $ 200?

Best of luck anyway. I genuinely hope you succeed.


Roger,

I can assure You that I have no problem with putting money here or in cash at a bookie. as I mentioned a few times before , I am retired and experienced enough to handle bankrolls. it took me years to learn come to this point. I understand very well what you mean and in general you are right. it is like in a casino where they give you *****to play.

it is not a question of reducing the stakes, it is like you said, to check the strategy again and again. this what I will do the next few days.I learned also that the market and betfair will still be here tomorrow and aftertomorrow :)

really appreciated your inputs

cheers
By:
internet
When: 21 May 09 09:01
glad your taking time to review your previous work, and that you have noticed that you can bet on tennis pretty much 365 days of the year, I think you really just need to refine your selections and not just back every favourite, hopefully you will bring profit in the long term
By:
horselover777
When: 21 May 09 09:03
internet 21 May 12:01


glad your taking time to review your previous work, and that you have noticed that you can bet on tennis pretty much 365 days of the year, I think you really just need to refine your selections and not just back every favourite, hopefully you will bring profit in the long term


thanks for the kind words. believe me I am not so stubborn as it looks like. but if it comes to start a srtategy in real I ike to go to the end of the bank roll, just to be sure that it didn't work.

cheers
By:
McChicken_Sandwich
When: 21 May 09 17:30
Glad you took today off then :D

4 underdogs won it Kitzbuhl.

And WTA some upsets too.
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