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17th October 2006
Todays ramblings
Good Morning.
The Miracle system is doing really well at the moment
with another win Friday and yesterday, I am pleased to see that it seems to be
working so well again.
The new win selections I gave you yesterday
didn't do to bad either with one coming 2nd and the other winning. I wonder if
we could go for a place if it is available at a good price and just for the win
otherwise?
Yesterday's
14.10 Plumpton, Basic Fact EP 4.8 2nd
5/1
15.30 Windsor, Abhisheka EP 1.84 1st evens
Here are
today's.
14.10 Exeter, Ar An Shron, EP 3.75 (EP Place 1.79)
16.10
Exeter, Sea Wall, EP 3.15 (EP Place 1.59)
16.40 Exeter, Cociembe , EP 4.0
(EP Place 1.72)
Probably best to go for all wins today.
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Over the last few years I have written plenty about your bank and staking, but
I like to revisit the subject now and then because I think it can be quite an
important subject and one many can find confusing and frustrating at times.
But I also like to look at new ideas and discuss them to see if they
have any merit or are useful to anyone.
If you are an investor or
really control your finances then you may have come across the idea of having
your money split up into several categories.
1. Life Savings (not to
touch until retirement) - This money is normal in pensions and low risk
savings.
2. Investment (Risk money) - You can use this money for investing
in stocks and shares, property and gambling etc.
3. Dreams - Any profit
that you make from Investment part of it goes here, to buy those things you
have always wanted.
This is quite a simplistic view of the whole thing
but the way it works is that every week, month year, you set aside as much
money as you can and then split it between 1 and 2. Depending on many factors
(age, risk, goals etc) you decide how you will split the money between the two.
The most popular being 70/30 or 60/40, so if you have a £1000 then you
may put £700 in 1 and £300 in 2 or you may put £600 in 1 and
£400 in 2.
You are the only one that can make this choice, I am
not a financial advisor so please seek out professional help if you want to
take this idea further.
What I want to do is look at this from a
betting point of view because in theory you could use some of what you put in
number 2 to use as a betting bank.
By the way if you make money from
anything in number 2 then you leave some of it there so you have more money to
invest, but you also put some into 1 and into 2 so that you increase your
savings and get some joy from your hard work.
So lets say we have just
taking some money (£200) from number 2 (Investment) and we are going to
use it to try and make some money from gambling.
Now what most people
do is use a percentage of their bank to find their stake, so you may use 1% of
your bank giving you a £2.00 stake, if you are lay betting this figure
could be as low as ½% or if you are backing as high as 10%.
Now
most of us are trying to build up our bank so that we can make bigger stakes
and then win more money and we normally class our bank as our whole risk and
use it to back up any new bet. So as our bank grows so does our stake.
There are lots of ways of doing this.
1. Every time your bank
increases take a percentage of the new bank.
2. If your bank doubles then
double your stake
3. Look at your bank at the start of every week or month
and calculate a new stake.
All these are workable scenarios and there
are plenty more, but there is one thing that is missing and I think certainly
should be taken into consideration and that is saving some of your profit.
As I said earlier what most people do is try to increase the size of
their bank but what I see is, that when people have a run of winners and then
get a loser or two and wipe out a high percentage of their bank, then they can
easily get upset or as we know from the Deadly Sin's of Gambling" make other
rash moves.
So I have a new suggestion and that is instead of taking
all your winnings and putting them in your betting bank, put some of it
somewhere else.
So if you have a £10 win then put £6 of it
into your betting bank and put £3 into your winner's bank or back into
your funding account (2.).
Why?
Well I think this does
several things, one it shows you are getting something back from the work you
are putting while still adding to your bank but it also slows down the bank
building process making you think about each move, you certainly don't want to
bring that profit back in to your bank.
Don't forget the profit you
moved back into your funding account (2) can now also be split between 1 and 3.
I know this is a simplistic view of the whole thing but I hope it
makes you think about the reason you are doing this. It should be to make money
and if you keep reusing your profits then you haven't made anything!
I
would love to hear your thoughts.
2. Racing Post -win selections
(racingpost - racing- tipsters-naps- Today's best Bet's)
The
suggestion is that if the horse is trading under evens (2.0) then no
bet.
Yesterday: 15:30, Windsor, Abhisheka 1st evens AV 2.11
A good
win especially as we could have got over 2.0
Results: (12 winners 18
loser so far)
Today's.
16:10, Exeter, Sea Wall
If you are
new then please check out the "The Deadly
sins of Gambling"
3. Guest Selection - started 03-10-2006
Sorry some how this disappeared from the email yesterday.
These are
selections from two new ebooks I have been asked to have a look at from a
friend in the business, who wants the selections tested to a live
audience.
Lay System (Running total - 6 Wins - 1
lost)
Yesterday: 14.50 Pontefract Height of Fury EP 9.2 2nd 13/2
Today's.
16.20 Lingfield Keyaki EP 7.0
Back System (Running
total - 3 Wins - 5 lost)
16.40 Plumpton, Presenting Express/Balladeer
1st/3rd, 4/6 / 11/2
Today's
15.40 Exeter, Bowleaze EP 1.28
4.
Miracle System (win Bet)
Yesterday: 16:10, Plumpton, Paulo Dancer 1st
5/6
Today:
16:00, Bath, Picacho
You can purchase this system
here:
http://www.horseracingsystemsuk.com/miracle-system-06-payment.htm
5. Sponsor of the day (please take a look you never Know!)
Turn your lay betting system into winning
systems with Roy's easy learn low risk Amazing staking plans.
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6. "Best Lay of the Day" - Lay
Betting System Bet
Friday:
17:20 Pontefract Flores Sea
(Maiden) 1st 11/10, AV 2.75
Today:
17:00 Bath, Parnassian
Please
Note: The lay betting system is actually 4 systems in 1 and I will choose one
of the selections for this tip.
You can purchase the system
formula:
http://www.makeyourhorseracingpay.co.uk
 Advantages of owning the
system:
1) Pick more than one race a day
2) Make a selection later
in the day (normally more choices)
3) Password protected forum so you can
talk to other owners.
4) UK or IRE races
5) Bonus Systems and regular
updates.
6) Now on V4
7) 3 systems, 1 for flat 2 for Jump/Chase
8)
Owners get free updates
9) Now includes Lay Place System.
10) Now
includes AW System
11) Now includes the Investment System
If you own
your own website you can makes some money by promoting the "Lay Betting
System"
http://www.laybettingsystem.co.uk/affiliate.htm
**NEW**
You can also have this tip delivered as content to your own
website.
Click here to find out more.
7. Todays sponser tip
The Nags To Riches Lay Tips
Same for both.
Normal
Selection
14:00 Bath ,Inchnacardoch
New Selection Selection 2:
14:00 Bath,Inchnacardoch
Staking: We use 1% of our bank and use the
Lay Ladder to get back any losses. Which wont always work at these odds.
The Nags To
Riches Lay Tips
8. Trade of the Day
Over the coming months we will look at
different ideas to see if we can come up with some consistent methods for
trading.
I will take a snapshot of the price at around 9am and then
record any changes using my software until the off.
We will take this weeks selection from the
racing posts "Today's best Bet's"
(racingpost - racing- tipsters-naps-
Today's best Bet's)
Yesterday's: 15:50 Pontefract Empire Day,
EP at 9.49 was 3.95 3rd 7/2. If you had placed your back bet at 3.95 then you
would not have been able to make a successful trade all day the price crept up
into the 4's and stayed there until the off.
You can see the price
changes
here:
Today's
16.10 Exeter, Sea Wall EP Back
Price 3.3
I am not sure about this one, my feelings are if there are
movements then they are likely to be small.
We back first then lay off
when (if) the price drops below our orginal back price. If you want to learn
more about trading then please have a look at the
Bet Exchange Traders manual.
Please tell your friends about this daily
tip and pass on my URL
http://www.horseracingsystemsuk.com
Have a good days racing.
Malcolm Malcolm@horseracingsystemsuk.com
http://www.laybetting.com
http://www.horseracingsystemsuk.com
P.S. How about something different...
http://www.greyhoundlaysystem.co.uk/
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provided.
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