Wednesday 19th November
Maximum loss in the choppy markets this morning on the 10/15 minute charts:
But I got 40 pips back just after. I moved my stop a bit quick on this one and got stopped out at 40 profit so I think I might tryout the IG Index trailing stop to see how that does:
19/11/08
Hexham Today
Running Total -£2910.83
1.10 Motarid £50 win 2nd -£50
Abbaleen £50 win Unp -£50
1.40 No Bet
2.10 Twelve Paces £100 win Unp -£100
Fair Question £50 e/w Unp -£100
2.40 Manoubi £100 win Unp -£100
Cave Hill £50 win Unp -£50
3.10 No Bet
3.40 Mamba £50 win 2nd -£50
Daily Total -£500
Running Total -£3410.83
I had hoped that this service was turning a corner after the good (and nearly extremely good) day Monday. But this was a very bad day indeed and there has to be a limit to the amount of loss of form and money that can be attributed to bad luck. As stated before, my results are recorded at S.P. and exchange or early price users will be slightly ahead of my figures. Not that that was an issue today.
Monday 17th November
No Selections
Tuesday 18th November
12:50 Southwell - Shadow Bay - £52 @ 2.10 - LOST (-52.00)
13:10 Folkestone - Medermit - £46 @ 1.80 - WON (+36.80)
Wednesday 19th November
13:40 Hexham - Joe’s A Boy - £50 @ 1.50 - LOST (-50.00)
Starting Bank: £500.00
Current Bank: £451.30
Profit/Loss: £-48.70
Hello
My name is Chris. I am going to start doing a trial on a Laying service called “My Lay Bets”.
This lay service offers daily selections that are emailed to your inbox each morning around 9:00 – 10:00. There are probably 1 or 2 selections on average per day, and the service owner gives guidelines of the lay odds recommended.
The subscription comes with a staking plan, a lay BOT and a general gambling E-book to wet your appetite.
The owner has issued two years of results on their web site, which shows a reasonably good consistent profit each month. The service has had 405 selections with 358 winning lay bets which gives it a 88% strike rate with a profit of +108 points! This is based on only laying the horse if the sp is below 8/1 and you lay at 15% above the starting price and then pay commission of 5% out of any winnings.
I will run the trial at level stakes (2.5% of the total bank), with a starting bank of £1,000. At the end of the trial, I will do a summary indicating what the final profit/ loss is at level stakes, and also using the staking plan that is offered for those that like to use such plans.
I have been following the service over the past few days, and here are the results (profits include 5% Betfair commission): -
15/11/08
1:25 Dashing George (Lay odds 6.93) Successful Lay profit £23.75
16/11/08
No selections
17/11/08
No selections
18/11/08
2:30 Backbord (Lay odds 3.90) Unsuccessful Lay profit -£74.21
3:10 Alderbrook Girl (Lay odds 6.40) Successful Lay profit £22.54
Summary
£1,000.00 Starting bank
£ 27.92 Loss
£ 972.08 Total bank to date
Tuesday 18th November
10 pips profit this morning on the 5/15 minute chart combination:
There was a breakeven trade opening just after 11 on the Barclays feed, for those trading all day:
Monday 17th November
A good start to the week with an easy 150 pips profit. It’s tempting to take the rest of the week off:
There was another winning trade around 1.20 but with a medium impact news item at 1.30 I didn’t get involved.
17/11/08
Running Total £1045
Found 3 games that ticked all the boxes and were within price range tonight.
Teplice v Brno +£9.50
Metz v Strasbourg +£9.50
Belenenses v Academica +£9.50
Running Total £1073.50
17/11/08
Running Total -£3035.83
Leicester Today
12.50 Parlesotho £50 e/w @ 9/2 Won +£281.25
1.20 Pop Ahead £50 e/w @ 4/1 Won +£250
Breiz Dreams £25 e/w @ 16/1 2nd +£75
1.50 Harlequin Danseur £100 win Unp -£100
2.20 Crocodile Rock £50 win Unp -£50
Kalahari King £50 win @ 11/8 Won +£68.75
2.50 Pagano £50 e/w Unp -£100
3.20 Walsingham £50 e/w Unp -£100
3.50 Pterodactyl £200 win 2nd -£200
Daily Total +£125
Running Total -£2910.83
The first profitable day this month for the service. It’s a shame that a great start to the day was almost ruined by giving £400 back. However, a profit is a profit and this service needs a prolonged run profitable days to recover the losses incurred since the start of the test. Had the 1.20 finished the other way round it would have made a much bigger dent in the losses. It was very close finish.
A quick update on the past few days - as you can see, it remains very quiet!
Friday 14th November
No Selections
Saturday 15th November
No Selections
Sunday 16th November
No Selections
Starting Bank: £500.00
Current Bank: £516.50
Profit/Loss: £16.50
15&16/11/08
Current Bank £1017.50
Quite a frustrating week with this system. There were no bets midweek as domestic cup competitions took place right across Europe. There was a game in Portugal on Friday that passed all qualifying rules, but due to lack of liquidity it would not have been possible to get a matched bet within the required odds range. That proved to be the case with quite a few potential selections over the weekend, but I did manage to get a good few within range.
15/6
Jagiellonia v Polonia +£9.50
Doncaster v Ipswich +£9.50
Den Haag v Willem II +£9.50
Sporting v Leixoes +£9.50
16/6
Atalanta v Napoli +£9.50
Cagliari v Fiorintina +£9.50
Catania v Torino -£58.00 (£10 @ 6.8)
Lyungskile v Brommapojkarna +£9.50
Betis v Santander +£9.50
Bilbao v Osasuna +£9.50
Running Total £1045
As stated above there were several other qualifiers that would not have been matched, there were also a few that were very near the qualifying criteria when I did my checks around 30 mins before kick off.
Due to the large number of games over the weekend I have stuck to those fixtures that were qualifiers at the time of checking. As all the criteria for selection are odds based, some users may have different results to the ones I have recorded here.
There is an International week coming up, so chances will be limited again.
