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17th October 2006

Todays ramblings
Good Morning.

The Miracle system is doing really well at the moment with another win Friday and yesterday, I am pleased to see that it seems to be working so well again.

The new win selections I gave you yesterday didn't do to bad either with one coming 2nd and the other winning. I wonder if we could go for a place if it is available at a good price and just for the win otherwise?

14.10 Plumpton, Basic Fact EP 4.8 2nd 5/1
15.30 Windsor, Abhisheka EP 1.84 1st evens

Here are today's.
14.10 Exeter, Ar An Shron, EP 3.75 (EP Place 1.79)
16.10 Exeter, Sea Wall, EP 3.15 (EP Place 1.59)
16.40 Exeter, Cociembe , EP 4.0 (EP Place 1.72)

Probably best to go for all wins today.
Over the last few years I have written plenty about your bank and staking, but I like to revisit the subject now and then because I think it can be quite an important subject and one many can find confusing and frustrating at times.

But I also like to look at new ideas and discuss them to see if they have any merit or are useful to anyone.

If you are an investor or really control your finances then you may have come across the idea of having your money split up into several categories.

1. Life Savings (not to touch until retirement) - This money is normal in pensions and low risk savings.
2. Investment (Risk money) - You can use this money for investing in stocks and shares, property and gambling etc.
3. Dreams - Any profit that you make from Investment part of it goes here, to buy those things you have always wanted.

This is quite a simplistic view of the whole thing but the way it works is that every week, month year, you set aside as much money as you can and then split it between 1 and 2. Depending on many factors (age, risk, goals etc) you decide how you will split the money between the two. The most popular being 70/30 or 60/40, so if you have a £1000 then you may put £700 in 1 and £300 in 2 or you may put £600 in 1 and £400 in 2.

You are the only one that can make this choice, I am not a financial advisor so please seek out professional help if you want to take this idea further.

What I want to do is look at this from a betting point of view because in theory you could use some of what you put in number 2 to use as a betting bank.

By the way if you make money from anything in number 2 then you leave some of it there so you have more money to invest, but you also put some into 1 and into 2 so that you increase your savings and get some joy from your hard work.

So lets say we have just taking some money (£200) from number 2 (Investment) and we are going to use it to try and make some money from gambling.

Now what most people do is use a percentage of their bank to find their stake, so you may use 1% of your bank giving you a £2.00 stake, if you are lay betting this figure could be as low as ½% or if you are backing as high as 10%.

Now most of us are trying to build up our bank so that we can make bigger stakes and then win more money and we normally class our bank as our whole risk and use it to back up any new bet. So as our bank grows so does our stake.

There are lots of ways of doing this.

1. Every time your bank increases take a percentage of the new bank.
2. If your bank doubles then double your stake
3. Look at your bank at the start of every week or month and calculate a new stake.

All these are workable scenarios and there are plenty more, but there is one thing that is missing and I think certainly should be taken into consideration and that is saving some of your profit.

As I said earlier what most people do is try to increase the size of their bank but what I see is, that when people have a run of winners and then get a loser or two and wipe out a high percentage of their bank, then they can easily get upset or as we know from the Deadly Sin's of Gambling" make other rash moves.

So I have a new suggestion and that is instead of taking all your winnings and putting them in your betting bank, put some of it somewhere else.

So if you have a £10 win then put £6 of it into your betting bank and put £3 into your winner's bank or back into your funding account (2.).


Well I think this does several things, one it shows you are getting something back from the work you are putting while still adding to your bank but it also slows down the bank building process making you think about each move, you certainly don't want to bring that profit back in to your bank.

Don't forget the profit you moved back into your funding account (2) can now also be split between 1 and 3.

I know this is a simplistic view of the whole thing but I hope it makes you think about the reason you are doing this. It should be to make money and if you keep reusing your profits then you haven't made anything!

I would love to hear your thoughts.
2. Racing Post -win selections
(racingpost - racing- tipsters-naps- Today's best Bet's)

The suggestion is that if the horse is trading under evens (2.0) then no bet.

Yesterday: 15:30, Windsor, Abhisheka 1st evens AV 2.11
A good win especially as we could have got over 2.0

Results: (12 winners 18 loser so far)

16:10, Exeter, Sea Wall

If you are new then please check out the "The Deadly sins of Gambling"
3. Guest Selection - started 03-10-2006
Sorry some how this disappeared from the email yesterday.
These are selections from two new ebooks I have been asked to have a look at from a friend in the business, who wants the selections tested to a live audience.

Lay System (Running total - 6 Wins - 1 lost)
Yesterday: 14.50 Pontefract Height of Fury EP 9.2 2nd 13/2

16.20 Lingfield Keyaki EP 7.0

Back System (Running total - 3 Wins - 5 lost)
16.40 Plumpton, Presenting Express/Balladeer 1st/3rd, 4/6 / 11/2

15.40 Exeter, Bowleaze EP 1.28
4. Miracle System (win Bet)
Yesterday: 16:10, Plumpton, Paulo Dancer 1st 5/6

16:00, Bath, Picacho

You can purchase this system here:
5. Sponsor 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
6. "Best Lay of the Day" - Lay Betting System Bet
17:20 Pontefract Flores Sea (Maiden) 1st 11/10, AV 2.75

17:00 Bath, Parnassian

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:

The Lay Betting SystemAdvantages of owning the system:

1) Pick more than one race a day
2) Make a selection later in the day (normally more choices)
3) Password protected forum so you can talk to other owners.
4) UK or IRE races
5) Bonus Systems and regular updates.
6) Now on V4
7) 3 systems, 1 for flat 2 for Jump/Chase
8) Owners get free updates
9) Now includes Lay Place System.
10) Now includes AW System
11) Now includes the Investment System
If you own your own website you can makes some money by promoting the "Lay Betting System"


You can also have this tip delivered as content to your own website.
Click here to find out more.
7. Todays sponser tip
The Nags To Riches Lay Tips

Same for both.
Normal Selection
14:00 Bath ,Inchnacardoch

New Selection Selection 2:
14:00 Bath,Inchnacardoch

Staking: We use 1% of our bank and use the Lay Ladder to get back any losses. Which wont always work at these odds.

The Nags To Riches Lay Tips

8. Trade of the Day

Over the coming months we will look at different ideas to see if we can come up with some consistent methods for trading.

I will take a snapshot of the price at around 9am and then record any changes using my software until the off.

We will take this weeks selection from the racing posts "Today's best Bet's"
(racingpost - racing- tipsters-naps- Today's best Bet's)

Yesterday's: 15:50 Pontefract Empire Day, EP at 9.49 was 3.95 3rd 7/2. If you had placed your back bet at 3.95 then you would not have been able to make a successful trade all day the price crept up into the 4's and stayed there until the off.

You can see the price changes here:

16.10 Exeter, Sea Wall EP Back Price 3.3

I am not sure about this one, my feelings are if there are movements then they are likely to be small.

We back first then lay off when (if) the price drops below our orginal back price. If you want to learn more about trading then please have a look at the Bet Exchange Traders manual.

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

Have a good days racing.


P.S. How about something different...

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