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20th December 2006

Todays ramblings
Good Morning.

Just 3 more day's and a nice break. Well I say "break" but my list of things that I need to do during this time, is growing longer everyday.

The place system (3) we have been running has been doing very well lately but I will admit my selection system, still needs work because sometimes I am just using my experience, rather than firm rules. This is something to work on next year but still nice to see how it has improved since the start.

Carrying on from Yesterday

Yesterday we won again but to be honest it was only because I increased the stop loss after the loser we had on the 13.04, to about 65.00 after the bot stopped at 57.00.

Although we didn't have more than one loser at a time the gradual increase in the losses added up, which is always a problem with a scratch back system. I should know I have been using them for quite a long time, but showing you what can happen in a real life situation, should help you get a better understanding.

A couple of things come to light from yesterday and are worth discussing.

The first is the % of my bank we are using, which I have said all along is to high and yesterday proved it. The next bet after the loss of 57.92 left me with just 4.04 in the bank. If we would have lost again it would have been total wipeout.

Howard's idea of using 0.5% of your bank would have worked out a lot better, even if you still went for 3 wins a day making a total of 1.5% a day.

This is difficult when you only have a bank under £200 as I have, but if you want to make a profit in the long term, then you will have to lower the risk and this is the best way of doing it.

The "Stop Loss" is the difficult one to decide on and it would be much easier to work out, if we were being more sensible with our daily stake. We could then probably set a level that would allow us a few losses, without putting our bank in severe jeopardy.

Just remember if you can grow your bank even by 0.5% a day, this would probably out perform in one month, what any other type of risky investment could do in a year.

Although by adjusting the "Stop Loss" yesterday we got back in to profit I still want to take it into consideration and see if we can get it all back before another loss.

So today I want to adjust our stake back down to 2.00, because you need to adjust for the loss.

My bank today is actually a little less that it shows in the screen shot because I was trading on the football last night and although I had a couple of good wins, I lost on one match when I layed the draw and then didn't get an opportunity to trade out.

The bank was still up on where it started yesterday morning, which is always a good thing.

Settings today.

Stake 2.00
Stop Win: 2.00 x 3 = 6.00 (take it down to 5.57)
Stop Loss: 2.00 x 25 = 50.00
running loss - 57.00

Screen shot of option settings.

2. Guest Selection - started 23-10-2006
These are lay test selections from Thomas.
NO BET if odds above 9.00 at Betfair

Tuesday's (19 Dec 2006)
Sout 1310 - Green Day Packer - 5th - SP 10/1 - Betfair 13.5 - no bet
Sout 1415 - Ella Y Rossa - NR

Here are today's (20 Dec 2006)
Muss 1320 - Barrons Pike
Muss 1420 - Rightful Ruler
Ling 1430 - Awatuki

Thomas is recording all Betfair prices 30 sec before the off.

3. Place System (win Bet) - Started 20-11-2006
This is a Betting Exchange only place system, you can see the results so far here. Prices are a snapshot from the morning between 8 -9.
Points since we started + 12.28

Yesterday: EP taken at 7.50
13.55 Ayr, Rogues Gallery, EP 5.1 (2 Places) 3rd
14.25 Ayr, Junkanoo, EP 3.65 (3 Places) 2nd
15.00 Ayr, Flaming Heck, EP 2.3 (3 Places) 2nd
Another 2 nice wins yesterday.

Today's: Sorry no selections today.

4. Miracle System (win Bet)
14:35, Lingfield, Vacation 3rd

Today: 14.00 Lingfield, All Of Me

You can purchase this system here:
5. Sponsor of the day (please take a look you never Know!)
How To Set Up And Run Your Own Professional Horse Racing Tipster Service.

Click Here to read more
6. "Best Lay of the Day" - Lay Betting System Bet
15:30 AYR, Jballingall 3rd 5/2

Today: 15:20 MUSSELBURGH, Bafana Boy

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:

The Lay Betting SystemAdvantages 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"


You can also have this tip delivered as content to your own website.
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7. Today's sponsor tip

Authors comments for today:
Chief Dan George beat the selection last time out and I reckon he can do the same again.

Selection 1: Ayr, 13:25, DOUBLE DEFAULT

We use 1% of our bank.


8. Greyhound Selections- Lay System started 07/11/2006.

After playing around with selections I have decided that for the time being this is going to be a lay only test. I think I have worked out a system that will give us quite good prices but I suspect there will have to be a maximum lay price set. I am just not sure what that will be but I am testing between 2.00 and 7.00. I will make every effort to record betfair lay prices as well. The ones marked with an asterisks (*) are from the original and tighter system.
You can see all the results since the 14th (when I introduced the latest selection method) here. I am now using what I call the "rule of 3", this means we go for 3 wins and use a 3 race scratch back to get back any losses.

Nottingham BAGS, 11.03, Salacres Rambler, Trap 1 1st 3/1 - LOST
Oxford BAGS, 11.11, Scatty Girl, Trap 5(*) 4th 4/1
Nottingham BAGS, 11.48, Charlottespaving, Trap 3 1st 4/1 - LOST
Nottingham BAGS, 12.18, Shes Slim, Trap 2 2nd 4/1
Nottingham BAGS, 12.47, Pacey Fella, Trap 1 3rd 7/2
Oxford BAGS, 12.58, College Mate, Trap 4 6th 5/1
Nottingham BAGS, 13.04, Gotchagood, Trap 1 1st 3/1 - LOST
Nottingham BAGS, 13.19, Derryhogan Tia, Trap 4 2nd 3/1
Oxford BAGS, 13.27, Oaks Angel, Trap 4 5th 6/1
Oxford BAGS, 13.44, Emporio Diamond, Trap 3 2nd 6/1
Sunderland BAGS, 14.37, Distant Sunrise, Trap 3 1st 8/1 - LOST
Crayford BAGS, 14.47, Graces Girl, Trap 5 5th 4/1
Sunderland BAGS, 14.57, Grapsys Lila, Trap 2 4th 9/4
Crayford BAGS, 15.07, Burneys Aggassi, Trap 2(*) 6th 7/2
Sunderland BAGS, 15.38, Angel Return, Trap 2 1st 6/1 - LOST
Sunderland BAGS, 15.58, Capri Elderberry, Trap 1 5th 5/1
Sunderland BAGS, 16.57, Catunda Jessy, Trap 1 3rd 6/1
Crayford BAGS, 17.27, Sheepwalk On, Trap 2 5th 6/1
Sunderland BAGS, 17.48, Tornaroy Trusty, Trap 1 6th 8/1
Sunderland BAGS, 18.04, Ballymacdoe Lass, Trap 1 3rd 5/1
Crayford BAGS, 18.11, Seefin Dot, Trap 2 4th 2/1
21 Selections today 5 losers (Screen Shot)

Here are today's.
Hall Green BAGS, 11.19, Knockunder Hill, Trap 4
Brough Park BAGS, 11.57, Chevington Bell, Trap 4
Hall Green BAGS, 12.18, Watch My Mentor, Trap 2
Brough Park BAGS, 12.58, Louie Scorcha, Trap 3
Brough Park BAGS, 13.12, Gravel Lee, Trap 4
Brough Park BAGS, 13.27, Mulcair, Trap 2
Hall Green BAGS, 13.51, Watch Artemis, Trap 1
Brough Park BAGS, 14.03, Solway Admiral, Trap 2
Hove BAGS, 15.07, Blakes Monarch, Trap 6
Hove BAGS, 16.08, Turlocks Trolley, Trap 4
Hove BAGS, 17.27, Oilean Rebel, Trap 4
Hove BAGS, 17.58, Cushie Shauna, Trap 6
12 Selections today, there are no (*) selections.

I set the Grey Horse bot price range from 1 -7.

9. Millionaire's Row - Win Selections started 13/11/2006

This is a win system (test) that me and a friend have been working on for some time. Just so you know I let him select every morning so although we created the system together he is the one really refining it. Click Here to see the results so far.

Points + 4.28

12.20 Ayr: Gunadoir 2nd 5/2 /Tell Henry 1st 8/11

Today. 13.30 Lingfield, Basaata/Nicomedia

Use 50/50 if you can make profit whatever the outcome. I am using 1pt on each selection.

10. New - Win Selections started 07/11/2006

This is a new win system that John from Luv2Lose has asked me to show you. He expects the price to drop all the way to the off with these and the idea is to get the best price above odds-on as you can. The verdict is still out on whether to take selections that are below evens.
Points: +0.67

Yesterday: Sorry no selctions today.

Today: EP at 9.16
Kempton Park 17.20 HURRICANE SPIRIT EP 1.31

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Have a good days racing.


P.S. How about something different...

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