TheSnapper's Start Bank: $198.00
Mr. Kelly's Bank: $2 692,85(+ 13364,25% profit)
Mr.Kelly's Start Bank: $20.00
Longshot Larry's Bank: $148,16(+48,16%% pofit)
Longshot Larry's Start Bank: $100
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Mr. Kelly hit an all-time high on Saturday at $2 832,62 before he dropped back to $2692,85. He still has that logarithmic look in his eye!
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Longshot Larry also has been rolling along, with some impressive win streaks, (20 straight and 17 straight). He hit an all-time high of $167,05 on Saturday. His stats to date are encouraging:
Bets: 89
Wins: 77
Losses: 12
Win%: 86,5%
Total Stake: $252,58
Total Profit: $48,16
Profit%: +19%
Level Stakes profit: +20,55 units
Level Stakes Profit%: +23%
But I told Larry that he had to double his bank before he could join the team and get on the chart, so he has to keep going for awhile during his probation period. He needs to raise another $52.
Larry is , obviously, laying outsiders to lose in the win market. His only criterion is the price of the runner. If it is close enough to the bookies, he lays it. Very simple strategy for a very simple guy. The only twist is that Mr. Kelly is helping him with the staking. He uses half-Kelly staking, and you can see that the compounding is already occurring to his bank.
(I just love that crazed look in his eyes...it makes me laugh to think he is taking money from all those punters who carefully study the racing form all night just to lose their money to a money-crazed moron like Larry! ...But we will see who has the last laugh!)
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