TheSnapper

OK. I'm back from holiday and I've had some time to assess the situation. I'm going to have to make some changes because Mr.Kelly's summer slump has burned though my ratchet and threatened my bank.

Rule#1 in gambling...THE PRIME DIRECTIVE...Protect your bank

So, although Mr.Kelly brought some great highs, he also brought some great lows. Overall, the problem seems to be overstaking, I can't quite seem to calculate exactly what the best stake should be. Anyway, I decided I needed some steadier profits, rather than wild up and down swings. To achieve this requires a return to lower stakes and more bets. Level stakes which are adjusted daily, so I still get some compounding effect, but with the security of level staking. It seems the best of both worlds.

So, I still have $1500 in reserve in Shannon's Demon. What I'll do is leave the reserve bank in investments and re-structure my betting funds to use a $750 ratchet half-bank. I'll set my stake at a very cautious 1% liability (that's about as low as you can bet with...all my stats agree that my edge is above 1%) and start grinding away in the horse racing place markets. OK, maybe I won't get to my goal so fast, but getting there at all is what my goal is.

I'll withdraw half of my profits each day from Betfair and invest them in the Demon. This will keep half of my bank out of the clutches of Betfair and keep the green flowing in the right direction.
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Results from 26.08 to today have been back on track:

Total Bets    Total Wins    Win%    Total Stake    Total Profits    Units in Profit    Edge    Edge by Stake
50    39    78,00%    $178,06    $63,04    +8,32    16,64%    35,40%

I can make a withdrawal of $31,52 to my investment fund. My stake has moved up from $7,50 to $7,82
So, it's going to take some time to build this bank up again. Sorry, not too exciting stuff...but I'm in it for the long run, not the quick buck.
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MLB Baseball Bank is open! I'll give out my picks and THE ODDS for you all.

I have also opened up a new small betting bank for MLB Baseball. It has a half-bank of $200 and I recemmend using 1% of your bank per selection. Recalculate your stake each day.I will add my picks here each day...PLUS (most importantly)the ODDS which are profitable to bet at. (Most tipsters just give you the team to bet on, but leave out the odds, which is nuts because only the odds matter). All of you are free to try them out. Give it a few weeks and you should be solidly in profit. Just don't ask me how or why I do it. Let the results speak for themselves. (Since I have already placed the bets, I don't care how many others use my selections.)

My MLB results from 26.08 to today are:
Total Bets    Wins    Win%    Total Stake    Total Profit    Units in Profit    Edge by units    Edge by stake
                           
27    18    66,67%    $51,71    $12,23    +6,12    22,65%    23,65%
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The Snapper's free MLB Lays for Monday, August 29
(Lay the following at or below the given prices. Use 1% of your bank per selection)

LA Angels (J Pineiro)        
1.88        
Colorado (A White)        
2.62        
Pittsburgh (R Ohlendorf)        
2.34        
Toronto (R Romero)        
1.74        
Cleveland (D Huff)        
1.9        
Philadelphia (C Hamels)        
1.68        
(note: these are the only selections I will reveal today. There are others, but they have not yet been matched)       
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