11 races

Today's Result: EUR 10.69

Betted on 11 races and lost on 2 which resulted in a profit of 4.16%. I think there will also be bad days. So one of them will come up shortly I think. I do not hope so!

EUR 3.56 + EUR 47.50 due to a mistake

Result since last post: EUR 51.06

Yesterday I betted on the horses in the afternoon and was up EUR 9.xx. Then I turned to the evening meetings which were of short distances. I had to accept 3 out of 6 selections that were wrong. So it pulled down my strike rate very much ;(. Therefore the EUR 9.xx profit resulted in a loss of EUR -3.73. I will not bet on short distance races anymore I think.

Today I betted on 18 races. 17 of them were regularly layed. On 5 out of 17 I was wrong. But anyhow it resulted in a profit of EUR 7.29. So I was up EUR 3.56 since last posting.

Then I downloaded the racingtraders software and tested it. Somehow I managed to lay a horse in an US-meeting and suddenly the market got suspended. I checked the rules if the market will turn to inplay but it didn't. So I had some thrilling moments as my liability was about EUR 100. Fortunately the horse did not win. So my profits got an extremely boost.

I hope to continue the "normal" way.

Putting theory into practice

Today's result: EUR 5.87

As I said yesterday I am improving my thoughts on the horses. So I tweaked some screws on the stake sizes which resulted in a 2.91% profit for today. I betted on 11 races, won on 9 and lost on 2.

The strike rate for the last two days is 84%. That means 4 out of 25 layed selections won.

I am hoping to increase my strike rate so that the return can be better especially for my low bank.

Cu all!

Hmmm no dogs anymore ;)

Result since last post: EUR 23.82

I don't do the dogs anymore as my system got broken because of 4 consecutive winners in a row. After that I chased my loss on a single racehorse meeting to come back where I was.

From then I tested a few things out on the horses and I am not ready yet to continue. I have to check some things to start again, e.g. today I layed 14 horses which resulted in a profit of EUR 3.17. If I had used another staking plan which I am currently thinking of it could have been EUR 22.90. So there is a lot space to improve.

Back from holiday & 64 bets

Result since last post: EUR 15.97

Hi to all!
Had a very nice weekend with party. Have been to Berlin for a visit. Very interesting city!

From yesterday on I betted on 64 meetings which resulted in a profit of EUR 15.97. So very hard work I can tell you! Had 2 bigger chases as there were two times 3 consecutive winners which I layed! So I had to suffer a bit.

I was able to up my bank 9.87% since the last post. I hope to continue that way!

Quick update before off for holiday

Today's Result: €1.87

Did some quick bets on some meetings but I am off from now.

See you next week!

40 bets = €11.43

Result since last post: €11.43

Yesterday I could only place 15 bets which resulted in a low profit of €3.53. Today I got involved into 25 races which is accounted that I had more time to watch the markets. So my profit for today is €7.90. The bigger percentual profit today also came by doing some tuning to the stakes I use. This will give me more "base-win".

From tomorrow until monday there won't be bets because I will not be at home for that time.

I hope you all did well today!

Cya next week!

Back on track to get back my bank!

Today's Result: €8.67

Today I have betted on 35 races which resulted in a profit of 6.2%. It is another feeling when betting on so many races in contrast to just about 3-6 races a day. I think I have to tune the selections a little bit because I had a row of 3 losing bets. I hope I will have a better choice tomorrow. I do not know if I will be able to place so many bets every day because I have to work besides.

But I am pleased with the result and hope to get back my bank!!

From €501.xx down to €139.81

Oh my god!

Result since last post: -€344.45

Well after a very good run where I could achieve a bank size of about €501 I betted on some nasty dogs which win in a short timeframe where I could not recover my stages. So I fell down stage by stage! That was not very amusing but after an intense thinking at the weekend I came to the conclusion that finding losing dogs is very very time consuming and at some time you will come to the point where you can not bet the stakes you want to get matched because the market does not give you the liquidity.

So I decided to try to bet a little similar the Man of Mystery does. Finding favorites in a certain price-frame that are willing to lose. Therefore I had to think about the stakes. I will use stakes that will allow me to bet 5 times on the wrong dog until I will accept a loss of about 30%. Then I will adjust my stakes to the new bank size. If I win I will adjust the stakes day by day.

So, let's see where I can go to.

Hope you all did better!

*** Edit ***
I will use stakes that allow me to bet 4 times on the wrong dog until I will accept a loss of about 50%. This is because by the other method the winnings would be too small. When the bank has reached a certain size I will reduce the percentage of loss!

4 meetings + a win for the next stage

Today's Result: €39.97

I thought about posting the Lays and Back selections I have done on the meetings. You are welcome to comment if you are interested that I do so in future. So here they are:

12:42 Sheffield 500m A4
- Bawna Girl Back
- Footfield Romeo Lay
- Confident Fawn Back
12:58 Sheffield 500m A3
- Clash Cinders Lay
20:48 Walthamstow 640m S1
- Killeacle Hobbs Lay
21:14 Walthamstow 475m A4
- Joshs Jet Lay

Well the trend is looking for some loss I think. But my really really next goal is to achive the next stage which is €548.80! The advantage of my money management is that if I get a position wrong I will have 2 more attempts (wrong Lay selections) to achive the following stage until I fall back to the last starting position. So by reaching €548.80 I will be 9 attempts ahead of my starting bank of €200. That would be fine.

My biggest problem in choosing the "right" dogs is that you have to be very selective. It is comparable to the discipline you have to have when you do trading. But this kind of discipline fits better to me I think ...until now.

So if you have the slightest bad gut feeling: Keep off!! Go to the next race and do research!!!

If I can get the predictions right as I have done for the last 59 ones I will be very happy!

Have a good night!

Quick update

Today's Result: €19.95

Just a quick update as I have no time to post later. Had been involved into 2 meetings:

14:03 Newcastle 480m A3
16:37 Oxford 450m A4


The odds were relatively low so that I could lay with a bigger winning rate. The dogs did not become better than 3rd place.

I think about putting more back bets on the favorite dogs because on paper I could have achieved a bigger win.

No more to say. Cu all!

Results

Overall Statistics:
Starting bank: EUR 750

Current bank size: EUR 955.51
Bank increase/loss (overall): EUR 205.51 27.40%

February: EUR 0.0 0%

Bank on 1st of this month: EUR 955.51

January: EUR 60.56 6.80%
Bank on 1st of this month: EUR 894.65

December: EUR 144.65 19.29%
Bank on 1st of this month: EUR 750

The next level

Today's Result: €49.82

Today I managed to bet on the following meetings:

11:48 Nottingham 500m A5
19:43 Sheffield 500m A2
20:04 Newcastle 480m A4
20:19 Newcastle 480m A3
20:36 Newcastle 480m A4
20:47 Sheffield 500m A1

As I looked over all the BAGS-meetings I became a little disappointed because I only found one race to bet on. So I decided to go to the fitness club and run through the EVENING-Meetings afterwards. Against all of my expectations I found some aspirants. Just to mention I was lucky on my 2nd and 5th race as the dogs I layed became 2nd... BUT they didn't win and that's was my goal! I also put a bet on a reserve dog which I thought was way to good for the rest of the field. It won.

I am happy with the result today because besides achieving a new level I have also doubled my bank.

I thought about doing a result/statistics page within my blog. I think I will do it a little later this evening.

Cya l8er!

Roundup

Result since last post: €18.23

Hello back to all my readers! Since the last post I only got involved into 2 races which resulted in a win as shown above:

18:16 Newcastle 480m A3 (03-Nov-07)
17:27 Oxford 450m A6 (04-Nov-07)

I was very busy doing "holiday" so that I rarely get sight of a computer ;) Hope to burst the next stage tomorrow so that I can shrink my liability. Have to go to sleep now!

Cya all!