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11th February 2009

Todays ramblings
Good Morning.

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).
No withdrawal is made on payday, unless the balance is greater than the balance left after the last withdrawal.

For example:
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.
Sign up here...
If 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: Sthl
Tip 1 - Esprit De Midas 1st 1/4
Tip 2 - Paint Splash 3rd 10/1

Time: 16:30 Race: Folk
Tip 1 - Honourable Spider ABANDONED
Tip 2 - Bowdens Lane ABANDONED

Double Your Chances
Time: 14:10 Race: Ling
Back - Prairie Hawk
Lay - Orchard House

Stop at a Winner
Time: 13:55 Race: Muss
Tip 1 - Son of Flicka
Tip 2 - Glencree
Time: 14:10 Race: Ling
Tip 1 - Prairie Hawk
Tip 2 - Safin
Time: 14:25 Race: Muss
Tip 1 - Caravel
Tip 2 - Resounding Glory

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.")

Sponsor product of the day (please take a look you never Know!)
Turn your lay betting system into winning systems with Roy's easy learn low risk Amazing staking plans.
Click Here to read more

Sponsor Tip of the day.

16:25 Race: Musselburgh Tip: HARTBURN

Best Lay of the Day ("1 Lay a day from my Lay betting System")

No Nap

Today: No Nap

Please Note: The lay betting system is actually 4 systems in 1 and I will choose one of the selections for this tip.

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.
Click here 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

Today. 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")
I Prefer

 "The Deadly Sins of Gambling" (make sure you check these out)
If you need help about anything please go to my support site.
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 betfair points.

You can automate your betting with GHB.

Please tell your friends about this daily tip and pass on my URL

Have a good days racing.


P.S. How about something different...
Also check my blog here
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