|A winner on Sunday at 6 wasn’t enough to help this service in to a winning week.|
Week 4: Bets 25, Wins 6, Profit -4.67 (£-46.70), , BSP -6.84 (£-68.39)
Overall: Bets 95, Wins 23, Profit 0.21 (£2.10), , BSP -15.3 (£-153.04)
|Two wins at 7 and 4 were enough to return a small winning week.|
Week 4: Bets 10, Wins 2, Profit 1 (£10.00), , BSP -0.33 (£-3.27)
Overall: Bets 36, Wins 6, Profit 2.75 (£27.50), , BSP 2.36 (£23.60)
|Only 2 wins from 15 this week but as one of these was a 2-pointer at 13 the week ended nicely in profit.|
Week 4: Bets 15, Wins 2, Profit 13.83 (£138.30), , BSP 7.19 (£71.88)
Overall: Bets 67, Wins 12, Profit 9.34 (£93.40), , BSP 7.64 (£76.42)
Some shocks in the Women’s French Open cost this service this week, still returned a profit though.
Week 4: Bets 12, Wins 5, Profit 2.92 (£29.20), BSP 2.92 (£29.20)
Overall: Bets 51, Wins 18, Profit 27.23 (£272.30), BSP 25.92 (£259.20)
16 winning bets weren’t quite enough to return a winning week. Of course, the outlook on the system all changes should it land the tournament winner. I think that I’d be tempted to run seperate banks, one for outright winner and one for the other bets, such as the three-ball and two-ball selections.
Week 4: Bets 40, Wins 16, Profit -3.69 (£-36.90), BSP -4.78 (£-47.79)
Overall: Bets 102, Wins 26, Profit -66.09 (£-660.85), BSP -67.17 (£-671.74)
|Only 1 win this week resulting in a losing week.|
Week 4: Bets 4, Wins 1, Profit -9.5 (£-95.00), , BSP -11.65 (£-116.49)
Overall: Bets 14, Wins 5, Profit 12.55 (£125.50), , BSP -7.48 (£-74.84)
|7 wins from 9 for another excellent week and back in to the black too.|
Week 9: Bets 9, Wins 7, Profit 3.76 (£37.58), , BSP 3.76 (£37.58)
Overall: Bets 20, Wins 12, Profit 2.36 (£23.63), , BSP 2.34 (£23.40)
It’s been a torrid few weeks for this service and the Index itself.
The introduction of Sale Offers didn’t go smoothly and things have been a little haywire ever since. The crash I covered in the last write up hasn’t picked up any further.
We were advised to have a bit of a clear out this week, with players we have been struggling to move on sold via the Sell Now button, which will almost certainly guarantee a loss on that particular trade.
We also adjusted our holdings in several other players, both upward and downward, and then we bought a raft of small stakes in new players to try and grab those in-play dividends.
Going by what the service are saying, we are waiting for Football Index to refine the Offers process, add in market depth columns (like the ones you see on a Betfair market) and for trader confidence to return.
As things stand, I’m fairly sure this downturn in fortunes is due to problems with Football Index mishandling the change to Bid/Offer, rather than this service going off the rails. But the bottom line is that the bottom line isn’t looking to good at the moment.
I’m glad I kept this going rather than calling a halt at our usual cutoff. I’m going to carry on a while longer before giving my final verdict.
Just over a month ago we were well over £200 up, we’re now £125 down and that’s before subscription payments are accounted for.
I’m reluctant to just write this off as a fail as I think there’s something there for us, it’s just that we’re testing it at a time of massive change in the world as well as changes on the Index.
To the figures, the portfolio has cost £3,227 to buy, we’ve been paid £162 in dividends, made £435 in sales, and the current paper value of our shares is £2,505
I’ll update again in a few weeks time
If you participated in either, or both, of the Karatbars ICO’s in 2018 and 2019 and you are holding onto your KBC that you either bought, or received as a bonus with purchases of gold, K1 phones, Profit Packages etc then this update is for you.
By now you should have ALL your KBC in KaratBit. If you still have it sitting on an external exchange somewhere then this is your last chance to get it moved into KaratBit.
On 15th October, next Thursday, all KBC in KaratBit will be converted into the new utility token G999 running on its own blockchain. You will get fewer G999 than you have KBCs currently as they are automatically reducing the supply but the value of the assets will be the same. I don’t know exactly how many KBCs will be converted per G999 but essentially it will be like exchanging four five pound notes for one twenty pound note, or ten fivers for a fifty… you have fewer notes but the same amount of money.
It’s a long and complicated story as to how and why this has all come about but I will attempt to distil it into a summary.
KBC was originally designed to be both a utility token and a security token. This means it could be used as a token to pay for things like exchange fees but was also backed by gold. This would have meant that it had no upper limit to its value, depending on supply and demand, but it would have a lower limit as the value of the gold that backed it.
However plans were forced to change when new regulations came into force in the EU which meant that they couldn’t legally offer KBC as both a security token, which is regulated, and a utility token, which isn’t. It had to be one or the other. At that time it was already backed by over 140 kilos of gold so they paid out everyone that followed the procedure for converting their KBCs into gold via QR codes. Anyone that still holds QR codes will have the gold automatically sent to their Karatbars accounts. This meant that not only did those people (myself included) get an eye wateringly good deal on their gold, it also solved the regulatory issues they had fallen foul of.
Now, Karatbars already had their original gold backed token, the Unival, before any of the blockchain stuff came about. Univals are worth 0.1g of gold each and by transferring univals from wallet to wallet, we could send and receive real gold as a digital asset and also, any time we wanted to get our hands on the physical gold, we could have it delivered.
Univals were a bespoke token on a bespoke platform, KaratPay, but never used decentralised blockchain technology, instead relying on centralised servers controlled by the company.
Fast forward to now and there have been some developments. If you have seen my videos on the Kinesis platform, you’ll understand completely what Karatbars are doing now.
They are essentially moving Univals onto a blockchain and they are going to be paying yields on these tokens in the same way that Kinesis do. They’ve changed the name of univals to V999 (V for Virtual perhaps, and 999 for gold?) but they are still 0.1g of gold each, and you can still get the physical gold delivered if you wish.
More importantly, the gold is held in third party vaults and independently audited every month too.
The V999 platform will launch soon and will give anyone the opportunity to mint gold in exactly the same way I already do with Kinesis… buying it in the minting platform (or Genesis platform as they call it) and selling it in the secondary platform.
All the gold that you mint is tagged to you for life and you will get a portion of the transaction fees whenever that gold is transacted… for life. Exactly as with Kinesis. So you buy gold in the Genesis platform, sell it in the secondary platform, and keep doing it as often as you like, all the time generating a life long passive income for yourself.
Don’t worry if this is beginning to sound complicated, I’ll do videos showing exactly what to do as soon as I can.
So that’s the gold backed coin taken care of. Fully regulated and compliant. But what about the utility side of it? Well, that’s G999. Your G999 coins can be used for a variety of things but importantly if you buy V999 with G999 in the Genesis market, you will get it slightly cheaper, and this is the really clever bit.
Since a lot of people (myself included) will seize the opportunity to mint as much new V999 gold as possible, it makes sense for them to buy the Genesis V999 with G999 tokens. This, in turn, means there is new, and increasing demand for G999. And those minting V999 coins simply won’t care what the price of G999 is because they are only buying it to buy V999, not to speculate on. So buying $1000 worth of G999 with allow them to get $1000 worth of V999 (actually more because they get it at a discount).
But what does all this mean to you, you may be asking?
Well, many of you may be looking to sell some, or all, of your original KBC to realise a nice profit. But if you hadn’t noticed already, since the removal of the gold backing in order to be legally compliant, plus some underhand shenanigans by the developer of the original KBC token, stealing and dumping millions of them onto the open exchanges… the price of KBC fell through the floor. For most people, if they sold their KBC now at it’s current price they would be looking at making a loss (unless they got them as a free bonus).
Of course selling at a loss isn’t desirable, and so with these new developments happening imminently, I can see the price of G999 (the new KBC) finally beginning to increase again as it gets used for the V999 genesis process I described above.
But that’s not all. There is an ingenious twist to this tale.
Whilst I can see G999 steadily increasing in value over the next six to twelve months through the mechanics of the V999 genesis process alone, there is also a cunning plan being hatched by a group of Karatbars affiliates (currently over nine thousand of them) to speed this up significantly. And they’re not just talking about G999 getting back to breakeven price for everybody, they talking about 2x, 4x, 8x and even possibly getting G999 into the top 10 leader board of cryptocurrencies.
Ambitious? Yes. Possible? Well, if their strategy plays out as hoped then… yes. But even if it didn’t get that big, I’m pretty sure most people would be happy with 2x or 4x returns (or any profitable return!).
So what exactly is this cunning plan? Well, rather than me going into that here, I’d invite you to join the group yourself for free and participate. The more people involved, the more chance it has of working. It’s not complicated and you’ll be shown exactly what to do, step by step, on video walk throughs. It won’t cost you anything either.
There are four videos in the group already explaining the process, and I’ll also post those videos below. I seriously recommend taking the time out to watch these if you want to see the value of your assets grow significantly.
The group is on Telegram and is called the Official Price Maker Channel. You can join it here:
And these are the videos:
Not interested in any of this? That’s fine. If you just want to sell your G999s at the earliest opportunity then you can do that as soon as it hits the exchange (I’ll do a video showing you how). But you might just want to hang on for a bit and see what happens to the price before you do. I have a feeling this ugly duckling might just fly.
On September 24th I wrote an update on this service shouting how well it was doing since the start of the trial at the beginning of September. It seems I put the mockers on it! Since then, it has experienced a 26 bet losing run on the winners, and the places have hardly fared much better!
Having said that, the service for winners only on Betfair SP -5% commission is still almost 16 points up. The recommended win/place staking is around break even on early bookie prices and BSP, so really it could be just a bad run.
The free trial as originally blogged is now over, and sign-ups are now available which include a built-in 7 day free trial.
You can wait and watch this blog to see how it gets on, or if you want to take a punt, you can sign up here
|3 wins from 4 making for a good winning week. |
Week 4: Bets 4, Wins 3, Profit 1.91 (£19.10), , BSP 1.91 (£19.10)
Overall: Bets 11, Wins 5, Profit -1.4 (£-13.95), , BSP -1.42 (£-14.18)
|I think it is obvious that this service is going for quality rather than quantity with only 10 bets in 3 weeks. Last week a 10-point bet won, this week it didn’t so a losing week but still winning overall.|
Week 3: Bets 4, Wins 1, Profit -13.9 (£-139.00), , BSP -13.84 (£-138.44)
Overall: Bets 10, Wins 4, Profit 22.05 (£220.50), , BSP 4.17 (£41.66)
Lots of bets managed a small winning week
Week 3: Bets 26, Wins 8, Profit 0.99 (£9.90), , BSP 0.99 (£9.90)
Overall: Bets 39, Wins 13, Profit 24.31 (£243.10), , BSP 23 (£230.00)
Just not happening for this service yet, still waiting for a really good winner. Not firing on the match betting either.
Week 2: Bets 38, Wins 8, Profit -19.04 (£-190.40), , BSP -19.04 (£-190.40)
Overall: Bets 62, Wins 10, Profit -62.4 (£-623.95), , BSP -62.4 (£-623.95)
|Not a good week; three wins, and one of those was for 0.11 points on a trixie and the other two were for placed horses in each-way bets.|
Week 3: Bets 17, Wins 3, Profit -8.49 (£-84.90), , BSP -12.72 (£-127.23)
Overall: Bets 52, Wins 10, Profit -4.49 (£-44.90), , BSP 0.45 (£4.54)
|Two wins at 6 and 5.5 brings this service in to the black.|
Week 3: Bets 7, Wins 2, Profit 9.5 (£95.00), , BSP 11.01 (£110.13)
Overall: Bets 26, Wins 4, Profit 1.75 (£17.50), , BSP 2.69 (£26.86)
|An excellant week`with a super Friday winning 5 from 6!|
Week 3: Bets 23, Wins 9, Profit 15.78 (£157.80), , BSP 6.42 (£64.22)
Overall: Bets 70, Wins 17, Profit 4.88 (£48.80), , BSP -8.47 (£-84.65)
This guy is good. Over the 3 month review he has made a profit to early advised prices, Betfair SP win and place, and Betfair SP win only. An excellent final month was capped when Majestic Dawn won the Cambridgeshire (advised at 50/1). But that wasn’t a one off bit of luck (though without that excellent winner, Betfair SP win only would have been a loser for the review period). September’s profit of 64 points was a very decent conclusion to the review.
Staking is sensible, usually 1-3 points outlay per bet.
I have monitored this service for the three month period beginning July 1st. With average odds of 10.5 thus far, you can expect long losing runs and losing months too (although all three months of the review showed a decent profit). However, for those punters with patience, the service has averaged 20 points profit per month since proofing began last December. The advised bank of 150 points has never been in any danger.
Any service which can show a fair profit at Betfair SP is always of interest to me. And for those with unconstrained bookie accounts, you would have made some very good money with this service, especially if you got on early at the advised prices.
Here are the headline stats for the 3 month review:
384 bets; 67 winners; 52 placed; 265 losers
ROI: advised prices 18%; Betfair win & place -5% commission 11%; Betfair win only -5% commission 8.7%
Longest losing run: 20 (35 points)
Strike rate: win; 17.44% win & place 30.98%
Points staked: 689
P/L: Advised early prices: +124; Betfair win & place -5% commission +76; Betfair win only -5% commission +60
My own target for a very good service is 20+ points profit a month, and that this was achieved here at win only Betfair SP is impressive. The early advised prices yielded double that. So, were the results skewed by the big winner of the Cambridgeshire? Well, yes and no. Without that win, Betfair win only would have been a losing bet, and I would advise against going down that road. By the way, Betting Gods do not record results from Betfair for this service, this is just my own reference as I know there are many Cash Master subscribers who, like me, do not use bookies.
Without the Majestic Dawn winner, advised prices would still have been 64 points up, so ahead of my 20 point per month target. BSP would have been 25 points up, and even 8 points profit a month would make this service worth considering. And it was no fluke that Majestic Dawn was identified as a bet, there are many other good priced winners, all available for viewing on the Betting Gods website.
This is an APPROVED service from me.
Yield Nodes is a passive income opportunity that pays an incredible 5%-15% returns per month. Unlike most strategies we review, this doesn’t involve putting funds at risk in trading bots, or betting systems. Instead, this produces an income through Masternoding!
Masternoding is like Bitcoin mining was five years ago. It involves running computer servers that perform functions on a blockchain in return for which the masternode earns revenue as a reward for its efforts. If its done right, it can earn a lot of money, and Yieldnodes run 1400 servers over 14 different cryptocurrencies.
You can participate in this by renting a share of the servers and receiving a share of the rewards, and I really like what Yieldnodes are offering here.
I’ve recorded a video covering the basics here:
I also managed to interview the CEO of Yield Nodes and you can view that here:
I highly recommend watching the interview if you’re interested in this one.
How to buy Bitcoin video is here
One month into this trial and CFX is performing well:
You can see my introduction video here
|So close, with a few 2nds and 3rds. As it is though, a poor week.|
Week 2: Bets 24, Wins 4, Profit -8.94 (£-89.40), , BSP -11.96 (£-119.55)
Overall: Bets 47, Wins 8, Profit -10.9 (£-109.00), , BSP -14.89 (£-148.87)
|The 2 wins this week (3.75 and 7.5) almost took the week in to profit.|
Week 2: Bets 12, Wins 2, Profit -0.75 (£-7.50), , BSP -1.33 (£-13.27)
Overall: Bets 19, Wins 2, Profit -7.75 (£-77.50), , BSP -8.33 (£-83.27)