13th January 2009

Sorry there will be no email's for the next two days. I am off to a two day seminar and will not be back until Friday.

I decided to play around with the "Double your Chance" spread sheet yesterday so we could at least get a better idea about how the selections are doing. Now I am pretty sure everything is as it should be.

http://www.horseracingsystemsuk.com/doubleyourchance-back.xls

As you can see now I have made the calculation more automated. The profit on the second runner only, is not quite as high as I worked out (roughly) last week but it is still a respectable 492 pts which would be very nice in anyones book.

What surprised me more was that the system made profit on the favourites as well with just over 21 pts, which I think is quite respectable for such low odds. So looking at the two together you could easily put a point on each and get quite a good return if the results continue.

I also took out all the selections we had before I started showing you, which is is everything before the 1st of December 2008. We showed a loss of 3.30 pts on the best priced runner but a profit of 104.21 pts on the second selection. So that's 100pts profit since I have been showing them to you at level stakes.

Just to round things off if you look at the selections from the the 2nd to the 10th of January then profit on the best priced selection would have been 4.15 pts and on the second 5.04, although yesterday was a little bad, so that would have taken these down a bit. But we are still in profit at a time when there are difficult racing conditions.

"Stop at a winner" is also showing quite good results although the profit is on the second selections. I have only worked out the profit at level stakes on both at the moment because I need to write in the dutching calculations. Anyway the second selection is showing 263.32 pts but the first is showing a loss of 1.50pts.

I would still say this is a healthy profit but not as good as level staking all the selections but I would still like to see how it works with the dutching calculations.

Whichever way you look at it there certainly seems to be profit here so the next thing to look at is if we can improve the return by using a staking plan.

Now when I mention staking plans I get different responses but one of the ones that always comes my way is.."You can not make an unprofitable system profitable by introducing a staking plan.". Although I don't completely agree with this statement, I do understand the sentiment and for safety reasons you should acknowledge you understand it to.

Anyway in this case we are showing a level stakes profit so we should be able to come up with someway of improving our return. I am not sure we need to look at the second runner although that could be really interesting but I would have thought we should concentrate on the favourite.

I resume this conversation Friday but if you haven't signed up to get the "Double your Chance" selections then remember you can do here.
http://www.horseracingsystemsuk.com/doubleyourchances.htm

Catch you again on Friday.

Guest Selection ("Double your chances" )

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Best Lay of the Day ("1 Lay a day from my Lay betting System")

Yesterday.
No nap

Today: Finally we have a selection! 14.50 Folk, Blueberry Ice

Please Note: The lay betting system is actually 4 systems in 1 and I will choose one of the selections for this tip.

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Please Note: I do not keep records of this tip, I just want to show readers how good it can be but part of learning should be to watch what a selection does daily.

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Back test system ( "A 'back' system that I came up with a while ago")

This system is available as part of The Pro Betting Systems e-book.
http://www.horseracingsystemsuk.com/go_pbs.htm

Yesterday.
2:10 Wolv, Desert Dreamer 3rd 4/5

Today. 2:10 GrLe, Desert Strike EP 1.89

Remember this is just a test and we are paper testing "backing" these selections.

 "The Deadly Sins of Gambling" (make sure you check these out)
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http://www.greyhorsebot.co.uk/

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Have a good days racing.

Malcolm

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