11th February 2009
I had an email from a reader called Dave regarding my rambles about making 1%
of your bank a day.
"Firstly, many thanks for your informative and
reliable daily email.
I've was pondering your comments regarding aiming
for a return of 1% of your betting bank, rather than 10 or 15% !. I do agree
that small and often is the best strategy. Myself, I tend to measure 'return on
investment' (ROI) rather than a % of my betting bank. I liken this to the
interest on a savings account or other investment.
I find this approach
works for me and puts my betting activity into prospective. At the moment of
return of 1% is good, compared to high street banks, plus it's tax free!
As for profits - when I make a profit I 'withdraw' 50% of any profits (large or
small) made, once a month (on the same day as my wages from work).
withdrawal is made on payday, unless the balance is greater than the balance
left after the last withdrawal.
Start bank = 100
After month 1, bank is 95, therefore no withdrawal as bank is less than 100
Minimum balance target is still £100
After month 2, bank is 112,
there I take £6 (112 - 100 = 12, 50% = £6) Minimum balance target
is now £106 (112 - 6)
After month 3, bank is 114, therefore I
take £4 (114 - 106 = 8, 50% = 4) Minimum balance target is now £110
(114 - 4)
After month 4 bank is 108, therefore no withdrawal as bank is
less than £110 and so on...
This means I take a profit (50%) and
build a bank (50%). Building the bank pot means I can make bigger bets (usually
around 1 or 2% of bank) in the future. The monthly income (where possible) is a
treat for all my discipline (and faith) each day. "
Thanks Dave I
appreciate your comments.
I love receiving email's like this because it
makes my point. You have to find what works for you!
Guest Selection ("DYC
(Double your chance) AND Stop at a winner").
Please remember this
is a test, please just watch the selections at the moment.
The idea really
behind this system is to stop at a winner, but I want to show what the
selections are like over the period I show them to you.
you want these selections on a Saturday.
(Stakes based on a £10 dutch
at Betfair prices around 9am.)
Double Your Chances
Time: 16:20 Race: Sthl
Back - Esprit De Midas 1st 1/4
Lay - Paint
Splash 3rd 10/1
Stop at a Winner
Time: 15:10 Race: Ling
Tip 1 -
Zero Cool 1st 9/4
Tip 2 - Blacktoft 1st 8/13
Time: 16:20 Race:
Tip 1 - Esprit De Midas 1st 1/4
Tip 2 - Paint Splash 3rd
Time: 16:30 Race: Folk
Tip 1 - Honourable Spider ABANDONED
Tip 2 - Bowdens Lane ABANDONED
Double Your Chances
14:10 Race: Ling
Back - Prairie Hawk
Lay - Orchard House
at a Winner
Time: 13:55 Race: Muss
Tip 1 - Son of Flicka
Tip 2 -
Time: 14:10 Race: Ling
Tip 1 - Prairie Hawk
Tip 2 -
Time: 14:25 Race: Muss
Tip 1 - Caravel
Tip 2 - Resounding
If either runner is a NR then take the best priced runner
or next best priced runner.
Sponsors of the day
("Products and Tips for you to look at.")
of the day (please take a look you never
Turn your lay betting system into winning systems with Roy's easy learn low
risk Amazing staking plans.
Click Here to read
Sponsor Tip of the
Race: Musselburgh Tip: HARTBURN
Best Lay of the Day ("1 Lay
a day from my Lay betting System")
Today: No Nap
Please Note: The lay betting
system is actually 4 systems in 1 and I will choose one of the selections for
You can purchase the system formula:
Please Note: I do not keep records of this tip, I just want to show
readers how good it can be but part of learning should be to watch what a
selection does daily.
You can also have this tip delivered as content
to your own website.
to find out more.
Back test system ( "A 'back'
system that I came up with a while ago")
This system is available
as part of The Pro Betting Systems e-book.
3:50 Sthl, Ingleby Arch EP 2.6 4th 5/4
2:10 Ling, Prairie Hawk EP 1.99
Remember this is just a test and we are
paper testing "backing" these selections.
Other Information ("
Here is some other info that should help you")
"The Deadly Sins of Gambling" (make sure you check these
If you need help about anything please go to my
If you haven't joined Betfair yet then when you do enter the code
7TUN3TCFP this will also give you £20 when you have reached 50
You can automate your betting with
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Have a good days
P.S. How about something different...
Also check my blog
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