Wednesday 31 October 2007

4 races today

Today's Result: 35.31

Just to let you know: I got involved into four meetings. All races were well chosen. None dog was under the top 3.

From tomorrow on I am not at home until Monday. Maybe I can get a minute or so during the days to put up a bet. If so i will let you know!

Hope you all do good trades/bets!

Cya!

Tuesday 30 October 2007

On my way to the next level

Today's Result: 25.17

Today I got involved into 5 meetings:

12:18 Nottingham 500m A7
14:37 Sunderland 450m A4
15:17 Sunderland 450m A3
18:56 Sheffield 500m A5
19:06 Hove 515m A3

Had one lucky bet on the 3rd race when Pond Mustique became 2nd ...0.02 seconds behind the first dog! The other meetings were after my fancy. There wasn't any dog better than 3rd place.

Well, I bet more against expectations. On the 2nd race I also backed two dogs which did not win. So my win could have been about 3€ bigger.

On my way to the next stage/level which is €392 (€280 bank + €112 winnings) I am at €42.98 now. So €69.02 are left to achieve the 2nd level.

Monday 29 October 2007

Small but green

Today's Result: €7.60

Just had been involved into 2 meetings:

15:38 Walthamstow 475m A6
21:17 Romford 400m A1

I was a little lucky on the second race because the dog I layed became 2nd. Thought it could become 3rd at most. But nevertheless: A win is a win... indifferent if trading or betting ;)

Maybe one or two bets tomorrow. I hope to get some time!!

A little up

Result since last post: €8.85

I did not have much time to see through the racing cards. I just had bets on 26th and 28th. On 26th I had lost on one race -€28.8 which I could recover by yesterday and turn the loss into a little profit of €8.85.

Hope to place some more bets today. Until monday next week time will be rare. I have got a lot to do until Wednesday. From Thursday to Monday I will not be at home.

Thursday 25 October 2007

Damper

Today's Result: -€11.85

Had 6 bets on the following meetings:

16:57 Crayford 380m A2
18:11 Romford 400m A7
18:48 Sittingbourne 480m A5
19:52 Sittingbourne 642m S2
20:51 Sittingbourne 480m A4
21:14 Newcastle 480m A2

All races went in my sense except the 2nd where I had lost -€44.40. I thought I had chosen the right dog ("Bet on Grable") but had a little bad gut feeling. The reason for that was that I layed it only because of his overall times and did not give attention to its' better than average starting times. So it was hardly surprising that "Bet on Grable" could go clear at top even that it (how do you say in this case: he or it?) got bumped and winning by an unoverwhelming 25.39.

Afterwards I staked the bets as if I had been in the stage before. So I was able to recover most of my losses very quick. I think I will not do that in future because if I had been caught once again my bank would be ~€200. So not taking an extra risk is better I think... but discipline can be so hard to you!

Good n8!

Wednesday 24 October 2007

Quick update

Today's Result: €10.45

Just a little update. I had only been involved into one meeting where a dog was favoured which I did not understand. So I was able to lay it at odds of 3.80 wich resulted in a €10.45 profit. I did not spot the dog to be placed better than 3rd place as I watched the result.

Have a good bet!

Tuesday 23 October 2007

5 meetings + next stage

Today's Result: €29.68

Today I dipped my fingers into 5 meetings:

18:28 Newcastle 480m A7
20:19 Newcastle 480m A2
21:00 Wimbledon 460m A5
21:16 Walthamstow 475m A4 T5
21:30 Wimbledon 460m A5 T1

After four meetings I reached my target of €80 profit so that I had a maximum risk of €28 on the last race. I had chosen the dogs very well because none of them did it better than the 4th place.

The next target will be about €112. I hope to reach it soon.

Cya all!

Monday 22 October 2007

3 evening-meetings

Today's Result: €19.94

I got three bets on the dogs in the evening. I did not think of having a bet today because I had to work until 18:30... then doing fitness ...coming home at 20:15 (CET). I flew over the racecards and spotted these meetings:

20:09 Yarmouth 462m A2
20:47 Romford 400m A2
21:12 Yarmouth 462m A1

I thought I found some clearly losers as in the first two meetings none of my dogs was under the first three positions. The last meeting I got a little lucky. The dog was an upgrader and never ever ran in that "first" class. The times weren't best... a little above the average but it became 2nd... thankfully not 1st... but I HAD to lay the dog because its' price was too short I thought.

The next step will be between €260-€280 when I have to start again with 10% of my bank. I hope to do so in the middle of the week.

Cya all! Have a good bet!

PS: All the best to Mark Iverson and his baby!! I keep my fingers crossed for them!!

Sunday 21 October 2007

The dogs instead of horses!

Result since last post: +33.14€

On my way to new winnings I tried pre-horse trading but that did not work as I was hoping for. On some days my strategy worked well but on the next day it didn't... eating my hard earned winnings. So by only achieving a winning amount of about 5€ in 3 days AND risking the whole bank in running (because of chasing losses) I switched to the dogs.

From 19th october on I have won 21.28€ and that does sound much better to me than the risky horse trading. I know that you have to have very good knowledge by tipping the dogs but the past showed me that I did quite well.

By betting the dogs I had to think about a new money management. Here are my thoughts about two versions:

1) I always risk max. 10% of my bank. That means if I have 200€ I will risk 20€ (backing and/or laying). So by adding the win of a race, e.g. 4€ I will risk 20.4€ the next race.

2) I will start with a 10% risk of my bank and I will risk that amount adding all winnings until I achieved an overall win of 3-4 times the 10% risk. Then I will add the amount to the 200€ and start again with 10%.
That means I will risk 20€ in the first dog race. Then, adding a hypothetical win of 4€ my next races risk will be 24€ instead of the 20.4€ in the other example... and so on until I get to 60-80€ ...addded to 200€ results in 280€. The next risk will be 28€... trying to achieve 112€.

The second version assumes a better strike rate in winnings I think but the bank grows faster.

What do you think about these thoughts? Maybe you can give some feedback.

Cya all! Good luck!

ps: I changed my presentation of results to the old style.

Tuesday 16 October 2007

Little piece of information

My bank shows an amount of about 200€. I will try to start with pre-horse trading tomorrow although I will not have much time because of a meeting in the afternoon at 17:00pm (CET).

Cya all

Monday 8 October 2007

Reorder

Hello to all my readers!

I was down to 8.53€ at 2007-10-02 because I could not green out some trades that I had on the horses and then... they were lost. I thought I could green out during inplay but against all hopes luck went against me... as always when you try to chase losses.

Then I turned to the dogs and I did well since then. I was able to up my bank to an amount of 34.26€ but without any money management. I always risked the whole bank. I know it is bollocks but when you have "nothing" it is immaterial. You get an attitude of carelessness... the same carelessness you get when you have the right money management I think! Then your trades / bets WORK!

I want to get to 100€ an then come back and trade the horses in another way. I analyzed the markets just before the off and I think I have spotted some opportunities. They look very well in theory but practice will show. If it does not work i will completely turn to the dogs (assumed I can get the 100€ before!).

Until then I keep on betting the dogs.

Cya all!