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Arthur

February 11, 2012

The Laying Game

 

Day 1- 10-Feb – Bets: 3  Winning Bets: 2  Profit £9.00
Total – Bets: 3  Winning Bets: 2  Profit £9.00  S/R 66.67%

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Filed under General by Arthur

February 11, 2012

The Laying Game

I am looking at the Laying Game, a selection bot which sells for £39.99. This looks simple enough, download and install the software, get a key (which lasts for 12 months). Press Scan, wait a minute and bet on the selections.

Not a whole lot more to say at this point!

I will use BSP for the odds and £10 stakes. I will use the rule from the website and filter selections with odds above 10.

Here goes.

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Filed under Horse Racing Systems,Laying by Arthur

February 10, 2012

Trade 4X Pro

A difficult week to trade and I think we have all struggled. Greek debt issue has caused a lot of sideways movement.

Week 5

Date Time Direction Stop Pips

06-Feb

10:02

Sell

17

17

06-Feb

11:24

Buy

10

10

06-Feb

14:11

Sell

11

11

06-Feb

14:15

Sell

-20

07-Feb

08:33

Buy

20

20

07-Feb

10:42

Buy

11

11

07-Feb

13:16

Sell

11

-11

08-Feb

08:18

Sell

7

7

08-Feb

09:31

Sell

15

15

09-Feb

16:19

Sell

15

15

10-Feb

10:49

Sell

10

10

10-Feb

12:45

Sell

12

12

The two trades indicated in Red where main system trades, the others where scalps.

Week 5 total: 97 pips for £970 at £10 per pip, or £270 using Roz’s stake plan (40 pips per day, 4% risk and a £1,000 starting balance). Next week using Roz’s stake plan I will trade at £1.98 per pip.

Overall total: 744.5 pips for £7,445 at £10 per pip, or £980 using Roz’s stake plan.

Usual caveats apply:

Trading ForEx is discretionary; I’ll see trades other people won’t and miss trades that they take. We all read the market differently; therefore your results will be different from mine. Further, I am experienced trader with over 4 years’ experience. Although I try my best not to colour my trials with this experience it is impossible to remove it completely.

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Filed under Forex,Spread Betting by Arthur

February 5, 2012

Trade 4X Pro

Post Script

Superbowl tonight, and yes I am that sad, so I don’t expect to be perky or even awake come 7 am on Monday. I am sure there’ll be plenty of pips available when I do surface and point myself at the computer!

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Filed under Forex,Spread Betting by Arthur

February 3, 2012

Trade 4X Pro

Short week again as Friday s NFP, a personal no trading day for me. Thursday afternoon was curtailed due to the arrival of a new bed. Mainly scalps again this week, but a couple of main system trades too.

Week 4

Date Time Direction Stop Pips
30-Jan 08:56 Sell 11 11
30-Jan 09:23 Sell 6 6
30-Jan 09:56 Sell 13 13
30-Jan 12:07 Sell 11 11
31-Jan 08:41 Sell 11 -11
31-Jan 09:56 Buy 13 26
31-Jan 11:46 Buy 12 0
31-Jan 12:15 Sell 8 8
31-Jan 12:49 Sell 10 5.5
31-Jan 13:38 Sell 10 10
31-Jan 14:40 Sell 8 -8
31-Jan 15:08 Buy 9 -9
31-Jan 15:24 Sell 12 12
31-Jan 16:03 Sell 19 9
01-Feb 08:56 Buy 11 11
01-Feb 09:59 Buy 30 30
02-Feb 08:33 Buy 11 -11
02-Feb 10:51 Sell 10 -10
02-Feb 11:29 Buy 13 13
02-Feb 12:09 Sell 17 17

 

Week 4 total: 133.5 pips for £1,335 at £10 per pip, or £215 using Roz’s stake plan (40 pips per day, 4% risk and a £1,000 starting balance) . Next week using Roz’s stake plan I will trade at £1.82 per pip.

Overall total: 647.5 pips for £6,475 at £10 per pip, or £824 using Roz’s stake plan.

Usual caveats apply:

Trading ForEx is discretionary; I’ll see trades other people won’t and miss trades that they take. We all read the market differently; therefore your results will be different from mine. Further, I am experienced trader with over 4 years’ experience. Although I try my best not to colour my trials with this experience it is impossible to remove it completely.

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Filed under Forex,Spread Betting by Arthur

February 1, 2012

Profitable Lays Final Review

Profitable Lays is a system selling for £97 by Chris Adams. As the name suggests this is a horse racing laying system with three very simple rules. The system is very mechanical, and is fire-and-forget, so if you had access to a suitable bot, you could place the bets before work in the morning and relax for the rest of the day.

One caveat though; selections are made using the Racing Post. Because the RP Website can remove non-runners if declared early enough and adjust the forecast odds on the remaining horses, the racecard can differ between the online and printed versions. Selections are taken from the printed version (so you may need to purchase the RP), or just use Chris’ selections site. I suspect that, if you subscribe to RP online and you make your selections the night before you won’t have too many variations with the printed version.

After 51 days of trial the profit to £25 stakes is a mere £4.80. OK, I missed some days during December which would have added 17 points. However I don’t believe that this is a credible total for now 57 days of betting. Normally this would categorise this as a FAIL, but some further analysis makes different reading.

Firstly the result contain an apparently “freak” loss of 16.05 points in one result. I assume that a loss of this size had not been encountered before. Had this result not occurred the overall figures would look very much better. More on this later.

Secondly, look at the following table, which is profit/loss be course:

Course Points Total
Muss 8.81
Newc 6.53
Chelt 5.78
Donc 5.32
Font 5.01
Hunt 4.64
Tow 4.24
Ayr 3.00
Plump 3.00
Bang 2.70
Catt 2.34
Folk 2.07
Lud 1.86
Warw 1.50
Sedge 1.41
Taunt 1.20
Here 0.93
Utt 0.65
Plum 0.51
Kel 0.50
Winc 0.04
Ascot 0.01
Newb -0.21
Weth -0.28
Ex -0.85
Sand -1.53
Fak -1.63
Taun -1.90
Ling -2.53
MR -2.72
South -3.50
Wolv -4.88
Hay -5.25
Kemp -25.49

You will note that the four All-Weather courses occupy most of the worst courses. Even removing the “freak” result mentioned above will still put Kempton at the bottom. I won’t be recording results from now on, so won’t be continuing with this analysis, but this data suggests that AW should be avoided. An extra nearly 40 points on top of the 17 I missed makes this system look a great deal better.

Odds analysis is as follows:

Odds less than 6 659 bets 265 losers
Between 6 and 7 8 bets 1 loser
Between 7 and 8 3 bets 1 loser
Between 8 and 9 3 bets No losers
Between 9 and 10 2 bets No losers
Over 10 5 bets 1 loser

From this you can see that the “freak” loss is quite unusual, but an odds filter of, say not greater than 6, will remove some 13 winning bets but will pay dividends if those bets then lose. However, the freak loss is only slightly more than the number of winning bets you would not have made. Something to think about.

Now, before we get all exited, an extra 40 points at £25 per point IS NOT (40 * 25) £1000 because it’s not the net gain of 40 points that is subject to 5% commission, it’s the total winning bets that are subject to that. Therefore the profit total stated on the sales page is incorrect. It is difficult to calculate what the true figure should be though.

To conclude then, 11 points over 51 days is not a brilliant return. An extra 40 points was available by not betting AW. A sensible odds filter would have saved us from a big loss but also lost some winning bets which more or less balanced out. Add another 17 points for the 6 days I missed in December  and a points total of 67 points in 57 days does not look too bad. Therefore I cannot simply FAIL this but I cannot see this as a PASS either as the filters discussed above are not part of the system. NEUTRAL it is then.

You can get Profitable Lays here:

http://www.cash-master.com/profitablelays.php

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Filed under Horse Racing Systems,Laying by Arthur

February 1, 2012

Profitable Lays

Day 51 – 31 January:  Today 2.23 points. Total 11.28 points.

Overall Strike Rate is 54.03% with average odds of 2.97.
Overall return to £10 stakes is £1.92 and to £25 stakes is £4.80.

 

Folks, I know there was racing between 22nd and 29th December, but because I don’t get the printed version of the Racing Post I did not track these events. Apparently I have therefore ignored some 11.13 points of profit.

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Filed under Horse Racing Systems,Laying by Arthur

January 31, 2012

Profitable Lays

Day 50 – 30 January:  Today 3.46 points. Total 9.05 points.

Overall Strike Rate is 53.31% with average odds of 2.97.
Overall return to £10 stakes is -£18.55 and to £25 stakes is -£46.37.

 

Folks, I know there was racing between 22nd and 29th December, but because I don’t get the printed version of the Racing Post I did not track these events. Apparently I have therefore ignored some 11.13 points of profit.

0 comments

Filed under Horse Racing Systems,Laying by Arthur

January 29, 2012

Profitable Lays

Day 49 – 28 January:  Today 4.16 points. Total 5.59 points.

Overall Strike Rate is 52.94% with average odds of 2.97.
Overall return to £10 stakes is -£49.97 and to £25 stakes is -£124.93.

 

Folks, I know there was racing between 22nd and 29th December, but because I don’t get the printed version of the Racing Post I did not track these events. Apparently I have therefore ignored some 11.13 points of profit.

0 comments

Filed under Horse Racing Systems,Laying by Arthur

January 28, 2012

Profitable Lays

Day 48 – 27 January:  Today 6.15 points. Total 1.43 points.

Overall Strike Rate is 53.02% with average odds of 2.97.
Overall return to £10 stakes is -£88.07 and to £25 stakes is -£220.16.

 

Folks, I know there was racing between 22nd and 29th December, but because I don’t get the printed version of the Racing Post I did not track these events. Apparently I have therefore ignored some 11.13 points of profit.

0 comments

Filed under Horse Racing Systems,Laying by Arthur