April 17, 2009

BingoBonusBlaster Test

Another losing day. I had 2 lines waiting nearly at the start for just one number each, but no joy again. No more bets until Monday as per rules. 

Day 9

Opening Bank £96

Lost £12

Running Loss/Profit -£61

Balance £84

Filed under Virtual Games/Casino by Tony McCoy

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April 17, 2009

The Protégé System

Over the next few weeks I am going to be testing a new backing system from Sportsworld Publising called “The Protégé System”. This new system is for Flat racing only, and concentrates on particular race types that fall under the Flat code. The selection process is very simple, and potential bets can be found using either the paper or online versions of the Racing Post. Users who decide to go with the online version will be able to find their selections the evening before if they wish.

Unlike many systems that require some degree of form analysis, The Protégé System doesn’t actually take into account any form at all. Selections are made using only certain pieces of information relating to the horse, not how it has performed in the past. This has the potential to produce selections across the whole odds range, and therefore the possibility of some winners at mouth watering prices.

The author advises a starting bank of 100 points, with 1 point being bet on each selection (there can be more than 1 selection in any particular race by the way). For the purposes of the trial I am going to start with a bank of £1000, and therefore a level £10 stake per selection. For the sake of transparency and ease of monitoring, I will record all results based on the industry standard SP. The author does in fact discuss the options of betting on the exchanges or with enhanced Tote odds, but that choice is down to the individual user.

 

Filed under Backing,Horse Racing Systems by Les

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April 16, 2009

Wealthbuilder

Thursday 16th April

A winner then a loser today.

9-11 Method.
Daily Profit:-£30
Total Profit:+£90

Filed under FTSE 100,Spread Betting by Graham

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Thursday 16th April

A good day today with six winning trades so far.

A winner:

Then another:

And another winner:

One more:

And again:

Yet another winner:

This one is still going so I’ll update the result tomorrow:

Filed under Forex,Spread Betting by Graham

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April 16, 2009

BingoBonusBlaster Test

No joy this morning, even with purchasing higher value tickets. Halls are a little bit quieter midweek, but several players pile on in the last few seconds, so it is not always easy to predict how many you will be playing against. The fewer the better, depending on the prizes.

Day 8

Opening Bank £108

Lost £12

Running Loss/Profit -£49

Balance £96

Filed under Virtual Games/Casino by Tony McCoy

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April 15, 2009

Wealthbuilder

Wednesday 15th April

There were no trades on the 9-11 method yesterday but a winner today.

9-11 Method.
Daily Profit:+£120
Total Profit:+£120

Filed under FTSE 100,Spread Betting by Graham

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Wednesday 15th April

A few readers have told me that they’ve done well entering all qualifying trades on a particular market regardless of if they are already in one. Yesterday, for example, I did not include a winning trade in my results because I was already in a losing trade on the same market that hadn’t finished. However, it seems it’s ok to enter all trades regardless. So if you are in a Buy trade and you get a sell signal lining up, then you can set an order to open for the sell trade too. This also applies if you get another signal in the same direction, it’s ok to open another trade in the same direction, which effectively doubles your stake I suppose.

So from now I’ll report all trades using my method.

A loser first thing this morning:

Then a winning trade:

And another:

Filed under Forex,Spread Betting by Graham

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April 15, 2009

BingoBonusBlaster Test

Much easier to find a game this morning, so I didn’t have to wait more than 10 minutes which was a relief. No joy though and nowhere near a line or house.

Day 7

Opening Bank £114

Lost £6

Running Loss/Profit -£37

Balance £108

Filed under Virtual Games/Casino by Tony McCoy

0 comments

TAPS (or The Alternative Punters Syndicate to give it it’s full title) is a subscription service offering a comprehensive betting experience.

Selections are sent out via daily emails and cover a variety of sports. There are three dedicated Horse Racing selections (Recommended Best Bets, Warm Selections and the Laying Service), one combined Horse Racing/Football system (System Selections) and one general sports service (Sports Bets). In addition, every weekend you also receive an email covering Football Fixed Odds Forecasts. All in all a very comprehensive set of selections.

A welcome package received when you first join the service covers all the additional information needed to support your betting activities as well as advice on relevant staking options.

Email delivery was very reliable and I don’t think there was ever a time during the trial where emails were not received well in advance of the day’s racing. Support is available if required and I have always found any questions are answered swiftly and courteously.

And so to the trial….

Due to time constraints, the trial covered the Recommended Best Bets, the Warm Selections and the System Selections over a period of 11 weeks.

Results over the period were very mixed, as summarised below:

Recommended Best Bets
Staking: Level Stakes (set at 1% of original bank)
Starting Bank: £500.00
Final Bank: £549.50
Profit/Loss: £49.50
ROI: 90%

Warm Selections
Staking: Level Stakes (set at 1% of original bank)
Starting Bank: £500.00
Final Bank: £363.38
Profit/Loss: £-136.63
ROI: -19.4%

System Selections
Staking: % of Bank (set at 7%)
Starting Bank: £500.00
Final Bank: £477.83
Profit/Loss: £-22.17
ROI: -1%

When combined with the subscription fees, this adds up to a sizeable overall loss for the smaller investor.

Of course, these losses may have been offset by results from the other sports bets and laying service, but I was unable to verify this, and thus the outcome represents the results that a typical investor might receive.

My overall impression is that this is a well run operation which delivers a reliable selection service. Unfortunately the selections have not lived up to expectation and with an overall loss over the trial period, a failed rating could be expected.

However, I have personally followed the TAPS service for a lot longer than the trial and have experienced some good periods and some bad periods. Overall I have made a small profit – but not one that gives a great ROI.  As the performance has been slightly better over a longer period, I have decided that the TAPS service deserves an overall rating of neutral.

UPDATE

Although we have given this service a Neutral rating due to the average performance of the horse racing during the test, I can confirm that I have continued to monitor the service over the longer term and if we include the Sports Bets it has actually done ok.

Results for 2009 so far show over £2000 profit at SP to £100 stakes which would no doubt be quite a bit more to Betfair SP so I think it would certainly be worth taking out the free trial to see if it fit’s in with your betting style.

You can get a free trial for TAPS here:

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

 

Filed under Backing,Football,Horse Racing Systems,Laying by Alistair Moffatt

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Tuesday 14th April

A winner this morning:

And another:

And a loser:

Filed under Forex,Spread Betting by Graham

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