Hello everyone, I am running a test on 20 -20 Cricket Trading from Steve Davidsons portfolio of systems from Australia.

The system comes as a six-page e-book, and contains a number of worked examples from the recent Indian Premier League held in South Africa.

Without giving too much of the system away, the general premise of the system is to lay one of the teams at a particular odds level, and the back again once odds have raised to a certain point. However, should odds not rise to this point, a back bet is placed to restrict some of the loss, and the stake on the next bet increased in percentage terms of the bank as a method of recovery.

The e-book doesnt recommend a minimum betting bank, so I have decided to use a bank of £1000, and see how things go from there.

I have had the system since Monday, and have been watching the odds fluctuating in the games between Bangladesh versus Ireland and New Zealand versus South Africa, both of which would have resulted in winning trades. I wasnt able to follow the Australia vs Sri Lanka game, and the Netherlands versus Pakistan did not qualify.

Anyway on to todays matches:

Sri Lanka vs West Indies

Loss: £5.45
Bank: £994.55

India vs Ireland

Match does not meet system criteria.

Filed under Cricket,Trading by David Aston

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June 10, 2009

Robobets

A nice winner yesterday. I got 50.00 on Cipher which was slighty more than their average and almost double the SP of 25/1. I almost felt sorry for whoever layed this!

Daily Profit: +£222.99
Total Profit: +£249.31

Filed under Backing,Betting Bots,Horse Racing Systems by Graham

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Tuesday 9th June

Just the one again today with a winner on cable this morning:

Filed under Forex,Spread Betting by Graham

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June 9, 2009

50% Favourites System

Salisbury 5pm

Cyborg 3rd :( 

Opening balance £100.38

-1.00

Closing balance £99.38       

Profit -0.62p

Filed under Backing,Horse Racing Systems by Tony McCoy

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June 9, 2009

Robobets

I’m beginning to see a pattern here.

No winners yesterday.

Daily Profit: -£85
Total Profit: +£26.32

Filed under Backing,Betting Bots,Horse Racing Systems by Graham

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Monday 8th June

Just the one today, a winner on EURUSD:

 

Edit: I had quite a few people ask why I didn’t take the 2.45 trade on EURUSD 10/15 charts. Although the unfilled PTP’s appeared at 2.45/2.50, the market didn’t hit the entry point until after 3pm, which is my cut off point. I don’t trade after 3pm and this trade didn’t qualify until after this time. If you do trade after 3pm then this was valid.

Filed under Forex,Spread Betting by Graham

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June 8, 2009

Robobets

No winners yesterday.

Daily Profit: -£90
Total Profit: +£111.32

Filed under Backing,Betting Bots,Horse Racing Systems by Graham

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June 8, 2009

Nailed On System

FINAL REVIEW

This is a selection system from Anthony Gibson, in the form of a nine-page ebook, and is a fusion of his selection methods Money Talks and Early Money Talks.

The system is applied to both National Hunt, Turf and All Weather meetings, subject to the time of the year, providing certain criteria are met. Access to live prices is required during the morning, and I found during the test that to find selections took me no more than around fifteen minutes, even when there were five of six meetings to be looked at.

I took prices for the results of the test at two minutes to the off, so you could receive different results, based on when prices were taken.

There are two parts to the system (I called them Systems A & B to make life easier for me). System A relates to horses given certain price criteria, and information gained from the Racing Post. System B revolves around backing horses from certain trainers, both flat (turf and all weather) and National Hunt, providing certain criteria are met.

The results of the test were as follows:

System A:

Bookmaker SP: -£77.46
Betfair SP: -£70.16
Number of winners: 7
Number of selections: 21
Strike rate: 33.3.%

System B:

Bookmaker SP: £36.79
Betfair SP: £64.91
Number of winners: 50
Number of selections: 88
Strike Rate: 56.8%

Overall, a small loss was made, and normally running a test over two months would have given enough time for a system to show it’s true colours. I am not sure this can be said for System A, as there were only 21 selections (less than one every other day) found within the criteria during the test. There could be an argument behind laying these selections, but based on 21 selections, would need a longer time to see if this would still be the case.

The amount of profit shown by System B reflects the prices of the horses selected, as although the strike rate was very good, less than £1 was made per selection.

Therefore I would have to give the system overall a neutral rating, as although simple enough to implement and run, has not provided a level of profit that you would like to make from a system, but it would appear that running System B on it’s own would make a steady if unspectacular profit.

You can get Nailed On here:

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

Filed under Backing,Horse Racing Systems by David Aston

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FINAL REVIEW

The Betting Vault Membership is not a system per se, but a method of betting with selections provided by Ian Morris and his team. The selections themselves are supplied by e-mail, the vast majority of the time were received the previous evening, and during the test, on only a handful of occasions did the e-mail arrive on the day of racing, always in plenty of time before the first race.

I sent Ian a number of e-mails during the test, and found that the replies were courteous, helpful, and within a few hours a reply was received to any questions that I had.

The two ways of using the selections are either to level stakes, or to a loss recovery method, using a stop loss should you wish to do so. The e-book suggests a stop loss of 5, 10 or 15 points. For the purpose of the test, I set a stop loss of £35, attempting to win £3 per cycle. The bets themselves being placed in the win or place market, depending on the odds available at time of placing.

Using the loss recovery method is straightforward, I used a spreadsheet to calculate the stakes for me, and took the odds from Betfair at two minutes from the advertised start time. Of course you could receive different results depending on when you placed the bets, and of course you could use a betting bot to place the selections for you.

During the test, I had a gap of a month 28th March to 27th April, caused by a holiday, and a loss of internet connection, so the results do have a large gap, where I believe the selections made a profit. I have not included these results, as I was unable to follow live racing as per the rest of the test.

Overall the results of the test were as follows:

Using Staking Plan:

Starting Bank: £300.00
Loss: £40.97
Finishing Bank: £259.03

To Level Stakes:

Starting Bank: £300.00
Loss: £26.64
Finishing Bank: £273.36

So, both banks lost money during the test. However, on a number of occasions the stop loss was invoked, and the next selection went onto win it’s bet. I have not looked at what difference that this would have made, but I suspect that the staking plan bank would have at least broken even

Therefore I am going to give the test a neutral rating, although it lost money from the banks during the test, I can see the value of the selections, and with a little fortitude, would make a profit.

You can subscribe to the Betting Vault here:

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

Filed under Backing,Horse Racing Systems by David Aston

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June 7, 2009

Robobets

Ten steps forward, nine steps back, then another ten steps forward!

Two winners yesterday at 42.00 and 17.00, unfortunately eight and a half points less than their average.

Daily Profit: +£181.32
Total Profit: +£201.32

Filed under Backing,Betting Bots,Horse Racing Systems by Graham

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