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General Betting
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I'm back up and running in June. I've been laying at Betfair SP as BTO recommends. The effect seems to have been very positive from a laying point of view in "absorbing" value of the big steamers and reducing variance in the overall return.
Results June 1- June 6
Total Bets: 139
Total Stake Laid:$556,19
Total Profit: $60,78
Profit after commission: 10,93%
Good luck to all my fellow bookie friends. Keep the horseshoes down! All the best to Beat, Tober and Tame.
Results June 1- June 6
Total Bets: 139
Total Stake Laid:$556,19
Total Profit: $60,78
Profit after commission: 10,93%
Good luck to all my fellow bookie friends. Keep the horseshoes down! All the best to Beat, Tober and Tame.
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Replies: 16
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Good Lucky Guys, i am out of this .
Was meaning to have one last full day at it but now find i am working every day til World Cup starts and will use the money on that. So the 1 race i bet on today turns out to be the final one , thoug i didn't know it at the time. Was typical of recent disasters. ..... Got Aroundthebay matched early , see the race is underway, check the screen to see what my liabilty was, watch race, pleased to see something called Piazza San Pietro win instead, then look back and see i am £8.80 Red on that  Must have been matched right on the off, and then the Betfair screen didn't update til they were halfway down the track.Amazing how almost every time that , for whatever reason , i watched a race unaware that i had layed a particular runner , that it turns out to be the winner. Finished on £279.40 after 652 Races . If i win on the World Cup i will probabaly have another go with whatever bank i have, though maybe with some changes. |
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All the best tober...it ain't easy. Take a break. Analyse your data. Plug the leaks.
June results to date: Total Stake: $631,75 Total Profit:$104,30 Profit after commission: 16,51% |
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Hopefully I've plugged a leak last couple of days.
DANNY ZUKO 720 BANGOR was the first winner I've layed in 20 bets.More importantly,my average lay price is only 7.5% higher than the SP. |
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Results to date:
Total Stake Laid: $704,51 Total Profit: $91,74 Profit after commission:13,02% |
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hmmm...I see you lost yesterday,yet I made 3 points profit.The run of 19 ended with 4 of the next 7 winning.
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Thought I'd point out that using small stakes, you aren't bringing the commission down by much.
I'm not for a moment suggesting anyone use large stakes without first having built up a reasonable bank and confidence. Just pointing out that the profits accumulate to better percentages when you've been doing it for years and your stakes are much higher, therefore commission is lower and profits are better. All the best for June guys. |
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Lowering the commission can make a huge difference.More than people realise.I have the bank ready and waiting,I just don't have the confidence to use it yet.
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Back
Your Odds Your Stake Your Profit Leonid Glow 4.6 30.00 108.00 4.7 500.00 1,850.00 Tadalavil 7.8 10.00 68.00 Lay Backer's Odds Backer's Stake Payout Liability Leonid Glow 4.1 10.00 31.00 4.3 29.41 97.05 4.5 500.00 1,750.00 Tadalavil 6 50.00 250.00 I've wrote how to do it.......laying a 6/1 shot but I only pay out 7/2.......easy peasy, all day every day |
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easy peasy except when the market goes against you and you have to lay well over the odds.
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June Results to date:
Total Stake Laid: $865,54 Total Profits: $43,18 Profit after commission; 4,99% |
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Noticed a lot of shorteners winning last couple of days.I managed to avoid some of them,but could still only break even on the ones I layed.
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Just done your trick Toby.Thought I'd had a winning race,only to find I'd layed the winner right on the off.Instead of being £30 up I'm level.
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Total P&L: £0.07
Horse Racing Showing 1 - 20 of 123 markets Sometimes you just have to laugh. |
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Yep. I know that feeling...
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Horse Racing: £4.21 | Soccer: £40.81 Total P&L: £45.02
Horse Racing Showing 1 - 20 of 151 markets Making 2.7p per race now. Things are looking up ! |
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June Results to date:
Total Stake Laid: $1 224,01 Total Profit: $76,10 Profit after commission:6,22% Laying all at Betfair SP. |