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
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
15/11/08
Running Total -£2759.33
12.10 Simply Sunshine £50 e/w Unp -£100
12.40 No Bet
1.15 Eborarry £50 e/w @ 7/1 3rd +£37.50
1.45 Dzesmin £130 win @ 6/5 Won +£156
Drever Route £70 win Unp -£70
2.20 Remainder £50 e/w Unp -£100
2.45 Killard Point £50 e/w @ 4/1 3rd money back
3.25 Knockavilla £200 win Unp -£200
Daily Total -£ 276.50
Running Total -£3035.83
14/11/08
Running Total -£2379.33
Newcastle today
12.00 Spellchecker £50 win 3rd -£50
Peters Pride £50 win Unp -£50
Signalman £25 win 2nd -£25
12.30 Bolodenka £100 win @9/4 Won +225
Santo Stefano £30 win 3rd -£30
1.00 Lend Lease £100 win 3rd -£100
Kealshore Boy £50 win @ 2/1 Won +£100
1.30 Stick Together £50 e/w Unp -£100
2.00 Hall Of Flame £100 win Unp -£100
Particle £50 win Unp -£50
2.35 Chapel Flowers £50 e/w Unp -£100
3.10 Cash Man £50 e/w Unp -£100
3.45 No Bet
Daily Total -£380
Running Total -£2759.33
Thursday 13th November
No Selections
Starting Bank: £500.00
Current Bank: £516.50
Profit/Loss: £16.50
I’m back with another backing system to review this month - The Sharp End.
The Sharp End is another publication from Sportsworld Publishing. I don’t know what it is with these guys but, just like the CashBooster system, the manual appears to be somewhat unfinished, with references to examples and pages that just don’t exist! Once again, as a starting point, it fails to fill me with any confidence.
However, the system itself is very simple. It requires a copy of The Racing Post (the newspaper this time, not the web site!) and checks take only a couple of minutes. As with the CashBooster system, I suspect that it will throw up only a handful of selections during the trial period, as it seems fairly selective.
I am in the process of determining whether it is possible to determine the necessary information from the Racing Post web site (thereby saving the £1.60 daily cost of the newspaper).
The recommended staking is 10% of the bank. For the trial, I will work with a bank of £500 and will adjust my stake at the start of each day.
Here are the results for the past three days:
Monday 10th November
No Selections
Tuesday 11th November
14:00 Lingfield - Charity Lane - £50.00 @ 1.33 - WON (+16.50)
Wednesday 12th November
No Selections
Starting Bank: £500.00
Current Bank: £516.50
Profit/Loss: £16.50
It’s been such a long time since I posted an update on the CashBooster system that I bet that you have all forgotten about it!
To be honest, I got so demoralised at not finding a single selection in the first two weeks of the trial that I put the whole thing on the back burner. However, an update is long overdue, so I will trawl through my records for the past few weeks and work out what the selections would have been.
Look out for an update in the next day or two.
