Laying

RESULTS: Tues 22 January

17.10   Wolv     Precision Five £10 @ 3.25 = £9.50  PROFIT

Daily P/L: £9.50

Current P/L: £87.80

Current bank: £587.80

RESULTS: Thurs 24 January

19.35   Kemp     Baby Dottie £10 @ 4.75 = £9.50  PROFIT

Daily P/L: £9.50

Current P/L: £97.30

Current bank: £597.30

RESULTS: Fri 25 January

15.05   Ling     Khawatim £10 @ 3.75 = £9.50  PROFIT

19.00  Wolv     Bussa £10 @ 7.00 = £9.50  PROFIT

Daily P/L: £19.00

Current P/L: £116.30

Current bank: £616.30

Filed under Horse Racing Systems,Laying by Michael

RESULTS: Sat 19 January

15.30   Kemp     Michaels Nook £10 @ 7.72 = £9.50  PROFIT

Daily P/L: £9.50

Current P/L: £59.30

Current bank: £559.30

RESULTS: Mon 21 January

14.35   Wolv     Strong Man £10 @ 3.39 = £9.50  PROFIT

17.35   Wolv     Lean On Pete £10 @ 3.28 = £9.50  PROFIT

Daily P/L: £19.00

Current P/L: £78.30

Current bank: £578.30

Filed under Horse Racing Systems,Laying by Michael

RESULTS: Weds 16 January

13.55   Newb     Imperial Leader £10 @ 3.17 = £9.50  PROFIT

Daily P/L: £9.50

Current P/L: £40.30

Current bank: £540.30

RESULTS: Thurs 17 January

14.30   Ling     Call Back £10 @ 5.80 = £9.50  PROFIT

Daily P/L: £9.50

Current P/L: £49.80

Current bank: £549.80

RESULTS: Fri 18 January

No racing

Filed under Horse Racing Systems,Laying by Michael

RESULTS: Sun 13 January

14.30   Wolv     Blazeofenchantment £10 @ 2.60 = £9.50  PROFIT

15.50   Kelso    Cottage Oak £10 @ 4.60 = -£36.00 LOSS

Daily P/L: -£26.50

Current P/L: £11.80

Current bank: £511.80

RESULTS: Mon 14 January

13.10   Plump     The Tiger £10 @ 8.20 = £9.50  PROFIT

16.10   Plump   Overdante £10 @ 4.41 = £9.50  PROFIT

Daily P/L: £19.00

Current P/L: £30.80

Current bank: £530.80

RESULTS: Tues 15 January

No selections

Filed under Horse Racing Systems,Laying by Michael

Having made a note to myself that Cool Sky (Thurs 10 Jan, 14.35 Wolves) failed to qualify as a selection due to a non runner, I duly posted the result as a loss.  I’m not quite sure why I did that, but I have amended the bank, below.

I will bring the results up to date the first chance I get, hopefully by tomorrow lunchtime.

Adjustment to P/L: £11.50

Current P/L: £38.30

Current bank: £538.30

Filed under Horse Racing Systems,Laying by Michael

Due to the real world again impinging on online activites, getting online for extended periods has been a bit of a problem lately.  I apologise if the consequent delay in posting this final review has inconvenienced anyone.

FINAL REVIEW

Shortly after beginning the trial of Phantom Lays it seemed clear that the results could be volatile and so I decided that a three month trial was essential.

Manual selections achieved a high of around  20 points profit, then slipped back.  The low was around 13 points down, but for much of the trial the movement was sideways.  The bank moved into a loss on 7 November and stayed there throughout the rest of the trial.

Just over a week after the trial started, my version of the automated approach (laying in the live market, rather than using BSP as recommended) showed an increase on the bank of almost 60 points.  Unfortunately, it then slipped back and kept slipping until it was 70% down.  At that point I decided that this – not officially recommended – approach left a lot to be desired and I abandoned it.

When I last looked, I could not find any official results for the automated approach that uses the recommended software and methodology – staking 5% of the bank at BSP.  So I took the results for the entire period of the trial (18 September to 19 December) and ran them through The Staking Machine.  I find this extremely useful  for testing the profitability of systems and services and it is also recommended by Phantom Lays as one of the two software applications required to automate their selections.  Using a bank of £1000 TSM showed a profit of just over £300.   After subscriptions at the full rate of £67 per month this would leave slightly over £100 profit.  However, the recommendation for automating the selections is a £300 bank.  On that basis TSM showed a profit after BF commission of £100, give or take a penny or two.  This produces a loss after subs of over £100.  Consequently, based on The Staking Machine’s figures, the automated approach has failed to make a profit for the three months’ trial period.

I have not checked to see how the service has performed since the end of the trial, however my recommendation can only be based on the trial period itself.  Consequently, in view of the manual bank spending much of its time moving sideways and the trial showing a loss before subscriptions for this approach, and a loss after subs for the automated approach, I have no choice but to award this a Failed.

You can try Phantom Lays here:

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

Filed under Horse Racing Systems,Laying by Michael

RESULTS: Weds 09 January

17.10   Kemp     Roy’s Legacy £10 @ 5.59 = £9.50 PROFIT

Daily P/L: £9.50

Current P/L: £67.80

Current bank: £567.80

RESULTS: Thurs 10 January

14.35   Wolv     Cool Sky £10 @ 2.15 = -£11.50  LOSS

Daily P/L: -£11.50

Current P/L: £56.30

Current bank: £556.30

RESULTS: Fri 11 January

No qualifying selections

RESULTS: Sat 12 January

Two selections today, but when I came to place the second bet Betfair had suspended the market and it remained suspended until after the race had finished.  In keeping with my usual practice, as I was unable to place the bet due to circumstances beyond my control, I have not recorded the result.

13.30   Kemp     Cloudy Copper £10 @ 3.95 = -£29.50  LOSS

Daily P/L: -£29.50

Current P/L: £26.80

Current bank: £526.80

Filed under Horse Racing Systems,Laying by Michael

RESULTS: Mon 07 January

14.20   Wolv     Spark of Genius £10 @ 2.62 = -£16.20  LOSS

Daily P/L: -£16.20

Current P/L: £48.80

Current bank: £548.80

RESULTS: Tues 08 January

15.55   Wolv     Cosmic Halo £10 @ 4.70 = £9.50 PROFIT

Daily P/L: £9.50

Current P/L: £58.30

Current bank: £558.30

Filed under Horse Racing Systems,Laying by Michael