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Bayes.
03 Sep 12 23:29
Joined:
Date Joined: 13 Sep 05
| Topic/replies: 20,192 | Blogger: Bayes.'s blog
In line with my habit of letting others rejoice in my misery:

Tennis: -£141,877.15  Total P&L:  -£141,877.15
Pause Switch to Standard View My worst day ever
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Report DStyle September 4, 2012 12:25 AM BST
radwanska and kerber?
Report Bayes. September 4, 2012 12:28 AM BST
ahem, maybe.
Report DStyle September 4, 2012 12:33 AM BST
i'm not surprised. the kerber market was technically retarded in the first set.
Report teo813 September 4, 2012 12:34 AM BST
think positively, you wont pay any pc for a while...
Report Bayes. September 4, 2012 12:38 AM BST
Both markets were retarded. I'll lay those prices all day.

teo. I'll take 2/1 I pay it this week. For a tenner?
Report DStyle September 4, 2012 12:40 AM BST
rad perhaps less so imho.

kerber was batshit crazy.

it's a foul dilemma to put in a stop loss when you know you're putting up the prices you'd lay the bejesus out of if that was an opening position.
Report sweetchildofmine September 4, 2012 12:41 AM BST
ffs i feel your pain Cry
Report Bayes. September 4, 2012 12:44 AM BST
Thing is DStyle, my tissue on arad was shorter, so I had to lay more when it went bonkers.
Report FINE AS FROG HAIR September 4, 2012 9:52 AM BST
What is the derivation of " my tissue " ?
Report quaks1 September 4, 2012 11:06 AM BST
yesterday was very bad i lost with kerber game and cricket so for some people yesterday must be a wonderfull day
Report Glasgow Brian September 4, 2012 8:46 PM BST
WHATS DIS ABOOT Happy
Report catflmasppo September 4, 2012 9:18 PM BST
Is that all? I was expecting two commas...
Report Trevh September 5, 2012 1:05 AM BST
Curious as to what your best day ever is Bayes? :)
Report henok September 5, 2012 1:37 AM BST
easy come easy go
Report Bayes. September 5, 2012 2:28 AM BST
My best day ever financially was about +150k.

The "Worst day ever" title was a bit disingenuous really because I'm not that bothered about the money. Good and bad days are not usually defined by money.
Report Bayes. September 5, 2012 2:29 AM BST
Oh, and the +150k day was net, whereas the -140k is gross, and god bless 'em, betfair share the pain with me on this loss.
Report racingguru September 5, 2012 8:13 AM BST
Bayes - I make money at horses and have done so for the best part of 20 years straight (3 full-time) ranging from 6k worst year to 76k best year but have never managed to scale up to your level. Just curious as how long it took you to get to that sort of staking level and profitability. Private message would be just great if you are ok to share that.
Report Feck N. Eejit September 5, 2012 8:30 AM BST
betfair share the pain with me on this loss

They don't really Bayes. Odds on they'll just get as big a slice off the people on the right end of your bets.
Report TheInvestor2 September 5, 2012 10:38 AM BST
Bayes.
Date Joined: 13 Sep 05
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When: 05 Sep 12 02:28
Joined:
Date Joined: 13 Sep 05
| Topic/replies: 633 | Blogger: Bayes.'s blog
My best day ever financially was about +150k.

The "Worst day ever" title was a bit disingenuous really because I'm not that bothered about the money. Good and bad days are not usually defined by money.


When my girlfriend asks me 'how was your day' on a day I haven't traded, I usually answer 'zero'. Laugh
Report Bayes. September 5, 2012 12:10 PM BST
Lol Investor, that so sums you up.

You're totally correct of course, Feck. It just makes me feel a bit better thinking about it like that.

racingguru. I built a 2-ball and 3-ball golf model in around 1998 and it could just about beat bookie margin and tax. When Flutter and Betfair came along I started making money in the evenings after work (I was a maths teacher). I built some more models and soon was making more outside of work than in. I built my first horse racing bot in late 2004 and my profits soared as I was making money 24/7 rather than just in my spare time. I then developed a few football strategies which were also automated. In 2005 I went part time at work which was a mistake (because I couldn't do either properly). 2006 I gave up work. Since then I have concentrated mainly on manual tennis trading and automated horse racing. The manual stuff is short-termism for sure but we just never know when the rules might change again. Long term automated and semi-automated football is the plan - get that right and everything else is buttons.
Report bilbobaggins September 5, 2012 1:00 PM BST
How much was your best year Bayes- with those sort of figures it must have been massive.
Report racingguru September 5, 2012 3:37 PM BST
So about 6 years full-time. The key is you've found angles on here and been able to automate it. I constantly have to fight the bookmaker system and getting on bets, new accounts etc so will never get to that level. All the best in recouping the losses.
Report DOUBLED September 5, 2012 3:39 PM BST
Joined:
Date Joined: 13 Sep 05
| Topic/replies: 634 | Blogger: Bayes.'s blog
Both markets were retarded. I'll lay those prices all day.

teo. I'll take 2/1 I pay it this week. For a tenner?


WALOFS - Guy loses £142k in a day and expects to win on the week LaughLaugh
Report Bayes. September 5, 2012 3:57 PM BST
Didn't say I expected to win it back. Said I'd take 2/1. More like 8/1 now.
Report bilbobaggins September 5, 2012 4:30 PM BST
Ok - don't want to answer - I'll give you that. Would be fascinating to know.
Report CLYDEBANK29 September 5, 2012 5:13 PM BST
I quit horse racing in late 2004, in 2005 I went back to work part time, and in 2006 my profits disappeared so I entered full time employment.  PlainCry
Report Bayes. September 6, 2012 4:39 AM BST
Today:

Football: £813.66 | Horse Racing: -£79.51  Total P&L:  £734.15
Football: £3,054.34  Total P&L:  £3,054.34
Football: £212.42 | Horse Racing: -£124.56  Total P&L:  £87.86
Horse Racing: £38,334.18  Total P&L:  £38,334.18
Horse Racing: -£1,990.47  Total P&L:  -£1,990.47
Tennis: £88,319.83  Total P&L:  £88,319.83

As you would say DOUBLED, WALOFS.

Wanna lay me that tenner at 2/1?
Report Lex September 6, 2012 12:32 PM BST
for a maths teacher I would have thought it obvious to ditch the horses  Laugh
Report racingguru September 6, 2012 3:23 PM BST
why? - horses is the easiest/only sport to beat by a big margin(and easiest to do your nads on). Don't know any other sport where people can have a profit to stake of around 20%.
Report Trevh September 6, 2012 3:58 PM BST
As you would say DOUBLED, WALOFS.

Wanna lay me that tenner at 2/1?


Heheh Laugh
Report DOUBLED September 6, 2012 4:05 PM BST
Bayes - proves nowt mate as easy to edit figures LaughLaughLaugh
Report DOUBLED September 6, 2012 4:07 PM BST
Today:

Horse Racing: £99,111.81  | Tote:  |   Total P&L:  £99,111.81

WALOFS
Report JC1326 September 6, 2012 5:30 PM BST
Hope this makes you feel better, mate. This is my day.


Tennis: -£1,000,000,000,000,000,000,000.12 Total P&L: -£1,000,000,000,000,000,000,000.12
Report Feck N. Eejit September 6, 2012 5:36 PM BST
Shafted for 12p by the penny thief JC? Talk about kicking a man when he's down. Cry
Report FINE AS FROG HAIR September 6, 2012 6:26 PM BST
Doubled
I'm a bit puzzled why you would think that someone is putting up false loss results, which is after all how the thread started off.
Report DOUBLED September 6, 2012 6:31 PM BST
attention seeking .... simples Confused
Report FINE AS FROG HAIR September 6, 2012 6:33 PM BST
The only thing that would really interest me in all this extremely volatile punting by Bayes is exactly what level of capital he needs to maintain generally in his BF account to indulge in such high stake punting.
Is it hundreds of thousands of pounds or much , much less.
If the former then he is seemingly placing much faith in BF's ability to protect his monies from hackers methinks.
I'm not a techie, and so perhaps I'm wrong in even thinking that keeping large amounts of funds in a BF account is even risky at all.
Report FINE AS FROG HAIR September 6, 2012 6:35 PM BST
Doubled
That has never been Bayes' style.
He has always been prone to understatement, in the past at least.
Report DOUBLED September 6, 2012 6:41 PM BST
attention seeking.. look at me..look at me i can lose a fortune WALOFS Angry
Report Lusitano71 September 6, 2012 7:51 PM BST
jealous 2x???
Report Glasgow Brian September 6, 2012 7:53 PM BST
ha ha ha ha ha ha ah LoveLoveLove
Report sweetchildofmine September 6, 2012 7:59 PM BST
jeez theres some sad green eyed monsters on this thred

reminds me of the jam song  ''to be someone must be a wonderfull thing''

i doubt bayes is losing any sleep about the comments though tbh
Report CLYDEBANK29 September 6, 2012 8:59 PM BST
Funnily enough I think I did actually quit horse racing betting in Mid to late 2004 although my post was intended to be ironic observation.  It's interesting though that what sprung to my mind immediately after Bayes' post was "dj sunset's" demise (he was a tennis bettor) and "Getters" quitting.  It only takes one person involved in the same market(s) as you to take away your edge completely
Report DonNo1 September 7, 2012 12:03 AM BST
'The only thing that would really interest me in all this extremely volatile punting by Bayes is exactly what level of capital he needs to maintain generally in his BF account to indulge in such high stake punting.'

Well he made a thread about almost losing 110k? through a misclick but got saved marginally by insufficient funds in his account, so at least around that mark i'd suggest
Report Footiefan111 September 7, 2012 12:08 AM BST
is this thread starter a joker or serious
Report bilbobaggins September 7, 2012 11:56 AM BST
Thanks for showing your profit for one day Bayes - not doubting you at all  but that would equate to £32 million a year - you must be their biggest PC payer by far.
Report JC1326 September 7, 2012 12:49 PM BST

Sep 6, 2012 -- 11:30AM, JC1326 wrote:


Hope this makes you feel better, mate. This is my day.Tennis: -£1,000,000,000,000,000,000,000.12 Total P&L: -£1,000,000,000,000,000,000,000.12


Better day for me today, so far. Not even had lunch.

Tennis: +£1,000,000,000,000,000,000,000.12 Total P&L: +£1,000,000,000,000,000,000,000.12

Report tier September 8, 2012 7:50 AM BST
JC1326, now that is clearly faked P/L.....




....there is never a + sign before winnings. :p
Report Lex September 8, 2012 8:27 AM BST
-140 odd k one day   + 90 odd k the next.   

really ? even Mr Hunt doesnt punt that much.
Report stu September 8, 2012 8:41 AM BST
DOUBLED 06 Sep 12 18:31 Joined: 15 Feb 03

attention seeking .... simples


Doubled - I once remember you hounding DJ Sunset around these forums, seems posters like yourself are the 'attention seeking' ones, self-appointed judges of poster's claims for profits or losses. I always found posters like yourself have an odd need to do that, as why do you really care that much? If you don't believe him just ignore it. simples.

As he said it was his worst loss ever in a day, no reason to doubt it, and as someone else said, doesnt seem like the OPs style.

Bayes - feel the pain, as I recently had two of my worst days in loss terms (one a horses disaster, the other tennis) on far smaller scale than your own though. Sounds like you didn't lose enough to really damage your approach though, I did sadly. Sad
Report blöder Wichser September 8, 2012 9:57 AM BST
whatever happened to dj sunset?
Report stu September 8, 2012 10:22 AM BST
Still does ok, as far as I know, but not a poster on here anymore.
Report DOUBLED September 8, 2012 11:01 AM BST
STU - Responding to a thread where an anonymous person feels the need to share with strangers their fantastic winning and/or losing days is hardly attention seeking !! In the good old days i used to hate those morons who thrust a betting slip under your nose after they had backed a winner looking for some acclaim from strangers Crazy
Report CLYDEBANK29 September 8, 2012 11:04 AM BST
dj quit betting (I think around 2007/8).
Report U.A. September 8, 2012 11:42 AM BST
"Responding to a thread where an anonymous person feels the need to share with strangers their fantastic winning and/or losing days is hardly attention seeking !!"

Yes it is, every single post on the forum is attention seeking. Even this one. I wouldn't sit down and type this if I genuinely expected no-one in the world to read it.
Report stu September 8, 2012 11:53 AM BST
I agree there's an element of attention seeking in every post. I just find it odd why some feel the need to question whether someone won or lost what they posted, especially when it's a loss.
Report TheInvestor2 September 8, 2012 12:38 PM BST

Yes it is, every single post on the forum is attention seeking. Even this one. I wouldn't sit down and type this if I genuinely expected no-one in the world to read it.


Laugh Nice
Report SamH_123 September 10, 2012 2:38 AM BST
bayes your threads are the most ineresting in GD,
I guess you don't have a blog?
Report screaming from beneaththewaves September 10, 2012 12:08 PM BST
One thing all the racecourse pros I've ever known had in common: they rarely seemed to back a winner, and if they did, they never had enough on, or missed the price, or the second would have been a better result. They dressed like scarecrows, told everyone when they'd had what turned out to be a bad bet and moaned incessantly that it was virtually impossible to make it pay like you could ten years ago (it was always ten years ago).

And it was these guys, the ones who moaned about their losses by the paddock before each race, who were the only ones who actually survived and made the game pay.
Report gawdalmighty September 10, 2012 12:58 PM BST
I agree there are many "attention seeking" posts on here (who do seem to attract a fair amount of attention, strangely enough. But give the poor guy a break, he lost money, a lot of money and shared that fact with us. Hardly a crime plus he hasnt been replying and keeping this thread alive like attention seekers would do.

On another note: Bayes losing £141,877.15 in one day makes my "bad day" seem like small fry Wink
Report stu September 10, 2012 1:27 PM BST
If you can't share your pain at losing on a betting forum, where can you? Sure as hell can't with the missus, lol
Report sweetchildofmine September 10, 2012 1:37 PM BST
ffs the missus.....heres an example

''how have you done?  oh i had 24 winning trades in a row, but the 25th didnt work out...why did you have to get greedy''

does my fkin head in
Report JLivermore September 10, 2012 2:36 PM BST
Bayes is the mirror image of Floyd Mayweather:
http://larrybrownsports.com/sports-betting/floyd-mayweather-losing-ticket/153453
Report racingguru September 10, 2012 2:51 PM BST
Sweetchildofmine - re: the missus

"How did you do today?" - "Had a fantastic day, made 18k" - "Oh, thought you'd won something worthwhile"

OR

"How did you today?" - "Bad day, everything just went wrong, seconds, fallers, just everything - lost 3k" - "What are you doing betting so much? It's o.k not to make anything but to lose? That's like a month's salary for most!"
Report screaming from beneaththewaves September 10, 2012 7:44 PM BST
Or "I could have bought a new [...] for that."
Or "Why didn't you back it each way?"
Report stu September 11, 2012 11:02 PM BST
The simple truth is they have no understanding of losing a bet....ever.
Report FINE AS FROG HAIR September 11, 2012 11:10 PM BST
Gee this is all a bit sexist isn't it ?
Report ilikewavingatbuses September 11, 2012 11:35 PM BST
pointless threads.

not only does anyone care, how does posting

Tennis: -£141,877.15  Total P&L:  -£141,877.15

actually prove anythingLaugh

look what i lost






Tennis: -£250,877.15  Total P&L:  -£250,877.15 Cry

retarded thread.
Report FINE AS FROG HAIR September 11, 2012 11:40 PM BST
I think screaming that the OP was just trying to be helpful to average punters by pointing out that big time professionall punters have some very bad days, but that they do not panic and try to get it all back quickly or in one amount.
Isn't that a useful bit of advice ?
Report FINE AS FROG HAIR September 11, 2012 11:40 PM BST
Sorry not  "screaming ", but  "I like ".
Report the silverback September 12, 2012 12:16 PM BST
I'm afraid I don't believe anyone who posts extravagant P&Ls. It's much simpler that way.

Which isn't to say it's not true. I just like to be right far more often than I'm wrong.

But I've never actually met a very successful operator in this line of work who spouts figures, and I know and speak to many successful operators.
Report Chilly the Dog September 12, 2012 4:26 PM BST
Always fun to see some absolute shockers to make my bad days seem like nothing! UL Bayes.
Report Contrarian3 September 12, 2012 5:12 PM BST
I'm afraid I don't believe anyone who posts extravagant P&Ls. It's much simpler that way.

Which isn't to say it's not true. I just like to be right far more often than I'm wrong.


What a bizarre attitude! You assume a priori that most people who claim to be making/losing a lot of money are lying.

I hope your not making the fallacious inference from:
1. most big winners don't post their figures
to
2. most people who post big winnings are not big winners.

I've met a few of the forumites who claim to be making large sums and, as far as I can tell, they were genuine.
Report TheInvestor2 September 12, 2012 6:05 PM BST
I've met a few of the forumites who claim to be making large sums and, as far as I can tell, they were genuine.

I'm afraid the silverback won't believe you. Laugh
Report Bayes. September 12, 2012 10:52 PM BST
A few points:

1. I try to avoid d!ckslinging, so I tend to post losses rather than wins. Dress it up how you like though, posting either is d1ckslinging.
2. I only sling the aforementioned d!ck after I've had a few. For that I apologise.
3. I've tried to let this thread die, as it embarrasses me. Thanks to all who have prolonged my pain.
Report FINE AS FROG HAIR September 12, 2012 10:57 PM BST
A most perfect riposte to all your detractors.
And you're a drinking man too.
Cheers.
Report ZEALOT September 13, 2012 9:48 PM BST
x-factor: -£149,234,877.99  Total P&L:  -£149,234,877.99
Report buzzer October 1, 2012 1:58 PM BST
Did yesterday eclipse the 'worst day ever' Bayes?
Report Bayes. October 1, 2012 2:06 PM BST
No, but I was in very heavy on USA. Fortunately I covered the draw (as it was often value) and managed to save myself.

Europe * 3.30 70,574.20 Back   162,383.61
Europe * 4.73 54,771.74 Lay   -204,035.25
Tie * 4.64 49,951.39 Back   -49,951.39
Tie * 1.76 141,917.72 Lay   141,917.72
USA * 1.38 385,304.79 Back   -385,304.79
USA * 1.65 379,774.94 Lay   379,774.94
*Average odds: On  Off  Back subtotal: -272,872.57
Lay subtotal: 317,657.41
Market subtotal: 44,784.84
Commission @ 2%: 895.70
Net Market Total: 43,889.14
 

 
Profit and Loss is shown net of commission. 
All times are UKT 

  unless otherwise stated.
   

Lost 10k with the bookies backing USA @ 1.4 and lost another 30k on first two days. So +3251.27 for the 3 days!

Still maintain that 1.17 USA was massive going into yesterday.
Report buzzer October 1, 2012 2:41 PM BST
I agree.
I only asked because I just noticed your thread on the golf forum, I wasn't wishing heavy losses on you Silly
Report Bayes. October 1, 2012 9:57 PM BST
Fair to say I took it easy today.

Cricket: -£613.29 | Tennis: £613.30 | Tote: |  Total P&L:  £0.01

Still, profit's a profit
Report kevtab48 October 7, 2012 12:59 AM BST
Bayes what's your bank if u don't mind me asking? Must be close to 500k+??
Report callataxi October 7, 2012 10:27 AM BST
surely this isnt the same bayes that i used to grind away with on the £50 sit n gos around 5-7 yrs ago???

quite amazed at the stakes that you are playing with to be honest.

im assuming you are in the 60% range pc ?

surely you are trying to trade on **** to some degree at around 3%?
Report Bayes. October 7, 2012 8:31 PM BST
kevtab. I would be willing to lose 250k on one event in exceptional circumstances. If you're asking how much before I stopped gambling, then probably around a million. But it would be in ever decreasing amounts. I've had a decent edge on here for a while and I would need some fairly convincing evidence by way of P&L to know that it had gone.

callataxi. Yeah, those were the days. In my early days Poker contributed a reasonable amount to my income. Now I play for fun, at stakes too big for my ability, and as a result I am a donator. I pay 40% PC. I don't bet elsewhere but I know I should. On here it's always a case of make hay, so no long term plans ever materialise.
Report andyl October 7, 2012 11:34 PM BST
well done bayes....what is your edge...is it mathematical or more fast info/pic based ??
Report callataxi October 8, 2012 11:51 AM BST
im amazed you arent in the 60% range by now to be honest bayes.  im on 40% and dont bet anywhere close to yr levels

and im sure havent won anything close to what you do. 

how have you got to the stage where you can lose the price of a small house in a day and yet still rate it

possible to win on the week??

the figures seem mind blowing and cant imagine theres hardly any individual on here that is betting to those levels.
Report caldy October 8, 2012 2:16 PM BST
"I dont bet elsewhere"........................ "I had 10k on USA with the bookies". Make your mind up!
Report Bayes. October 8, 2012 4:34 PM BST
callataxi: the 40% is based on your lifetime commission to profit ratio. To be on 60% it would have to be less than 5%. My ratio is around 14% and rising (it's worth running breakeven strategies to get this figure higher.) I've got to this level because I've always had an edge. Once you have an edge it's purely about turnover and managing risk.

caldy: lol. Ok, I've had one bet with the bookies in the last 5 years. I rang around a couple of contacts as I wanted 50k to win 20 (the price on here was 1.41 and there was about 20k available). One of them was able to get me 10k on. I don't have any active bookie accounts.
Report RMB © October 8, 2012 6:13 PM BST
Bayes, you're an inspiration, genuinely, brilliant work. I've got to be honest though as I'd love to know, and I guess most on here would, whats your lifetime P and L chap?
Report RMB © October 8, 2012 6:16 PM BST
Also, was it your bot which went batshit crazy on the horse racing market a wee while ago, laying a horse for 10k+ at 28.00 when it was an odds on shot.
Report FINE AS FROG HAIR October 8, 2012 7:57 PM BST
Remember folks, Bayes wants this thread to die out.
Report Bayes. October 8, 2012 9:08 PM BST
Good point FAFH. This will be my last post on this one.

RMB: Obviously I would rather not divulge my lifetime P&L. It's worth pointing out though that almost everything I do is as part of various syndicates, with my share ranging from less than 10% to 100%.

No that wasn't any bot that layed the 28k. There was millions of liability up there and it was a Betfair software glitch.

I have had a couple of bots go haywire. One backed a horse pre-off at 1.01 in the place market and averaged about 1.2 I think. Correct price was 7 ish and it came nowhere. Another one was supposed to have about 700 quid on the draw in the Tottenham Bolton FA Cup replay (the one that had to be replayed because of the Muwamba collapse). It went bonkers and had 25k on. If I recall the match was 0-0 with 15 minutes to go so I think my book was worth a fair bit but I wasn't aware of my position. Spurs went on to win 3-1.
Report RMB © October 8, 2012 9:22 PM BST
Ah, fair enough. Thought the lifetime P and L wouldn't be disclosed, was worth asking. Churning over serious money on the horses so fair play to you. Enjoy!
Report FINE AS FROG HAIR October 8, 2012 10:00 PM BST
One last question Bayes, if you care to break your last promise and post just once more.
How are these syndicates structured ?
Just handshakes or formal contracts ?
Do they create income tax libilities in ( say) the UK. Or are they domiciled totally in tax havens ?
Report colonelll October 8, 2012 10:01 PM BST
LaughLaughLaughLaughthat is not one question.
Report colonelll October 8, 2012 10:02 PM BST
but to add few,
how do you meet your partners? are they people in gambling industry or simply investors who provide money?
Report FINE AS FROG HAIR October 8, 2012 10:03 PM BST
And another to boost.
I believe you live in Switzerland Bayes. Correct ?
Colonelll.
How right you are.
Report MrHunt October 8, 2012 11:52 PM BST
wot a pile of shyte....ive lost 140k but so wot i'll win it back next week...
Report SIR_Bond October 9, 2012 11:22 AM BST
Laugh
Report FINE AS FROG HAIR October 9, 2012 3:24 PM BST
Alas it seems he's gone forever.
Back into the secretive world of high flying big punters ( aka whales).
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