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NOW WE KNOW
05 Apr 10 15:52
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Date Joined: 14 Jan 02
| Topic/replies: 3,672 | Blogger: NOW WE KNOW's blog
Cricket: £156.23 | Golf: -£2.40 | Horse Racing: £856.53 | Rugby League: -£121.82 | Rugby Union: £128.60 | Soccer: £70.32 | Tote: | Total P&L: £1,087.46


Decent week last week and some adjustments made. Decided to increase qualifying obstacles to 3 for 3 miles plus and stay at 2 for less for the others to gain more qualifiyers.
Laid some winners but was saved by the market over reaction to frontrunners looking likely to be headed, excellent example being Ramvasani yesterday who went to 30 and ended up a minor losing trade.
Also been using the keep bet option for cover trades which works really well as its not easy to make a decision on when to cover when you have laid something that is clear or still leading , this is now a mathmatical function which I have yet to work out exactly but is obviously a balancing trade and needs refining to a percentage of liabilty. Good Luck.
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Report breadnbutter April 5, 2010 3:55 PM BST
you post meaningless p/l amounts .

what was your total amount staked ?

HOURS SPENT ?

RETURN ON INVESTMENT ?

thanks in advance .
Report NOW WE KNOW April 5, 2010 4:08 PM BST
Hours spent well simply waiting to spot the frontrunner!
26 identified qualifying races with 4 winners which were all covered to some extent by cover trades.
No figures on rate of return as at this moment have not looked at that but trying to tighten the method and making it more mathamatically sound i.e cover trades to match a specific percentage of liability.
Report NOW WE KNOW April 5, 2010 4:24 PM BST
Frustrating as King Edmund went less than the10% price reduction jumping the first two and therefore failed to qualify.
Report NOW WE KNOW April 5, 2010 4:31 PM BST
Sam Cruise a nice pure example of clear leader and price collapse.
Report NOW WE KNOW April 5, 2010 4:52 PM BST
Newbay Bob just sneaks in.
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