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20th February 2009

Todays ramblings
Good Morning.

I am going to move the fish to a new pond in another part of the garden this weekend. I have been digging a bigger hole for them so they have more room to swim.

Stop at a winner good or bad? I have been betting for many years in fact I have been writing a daily email about betting since June 2003.

I think you would agree that there is every chance I have a good understanding of this industry and how to make money from the sports markets.

Well I hope you do because I am about to write about something that I think is a good way to make long term profits.

I have used Stop at a Winner for a number of years and happen to like them because they generally mean early profits and allow you to do something else once you have won.

If you are unsure what I mean by Stop at a Winner let me explain a little more.

If you have tried to create your own system, bought one or even used someone else's selections and if you normally get more than one selection a day from the source, then you have probably had days when you were in profit after 1 or 2 of the selections have won, only to be out of pocket by the end of the day because the rest of the selections lost.

This is in fact a classic with lay selections. Often you will win on most of the selections you have for the day, only to lose and be out of profit, because just one of the selections lost later in the day.

So my question is why keep betting once you are in profit?

The answer I often get to this question is that people don't like to leave money on the table and want to earn a lot more than one winning bet can provide. These people often go on to have a really bad losing day that wipes out all of their profit for the last month and then give up on the system/service as a loser, when if they had stopped as soon as they were in profit they would have been fine.

Let's think about this for a moment. When we talk about betting on the horses or Greyhounds or any other sport, it is called "Gambling" and the reason for that is that you are trying to either work with or against the odds of winning, but sooner or later those odds will catch you up.

In simple terms the way I explain this is "that the longer you gamble at one time the more likely you are to find a loser or number of losers" which will put paid to your profit, when stopping at the first winner could make far more profit longer term.

Now as I mentioned many people do not like using Stop at a Winner because they feel that they will be less profitable, but what we generally find with these people is that they are have not made any (or very little profit) from gambling and most of the time they have tried system after system, service after service and still not found anything that works for them.
So it seems a little strange that people would knock something that although may not give them big returns (unlikely anyway), would give them consistent returns over time.

I think the real secret to using stop at a winner is getting your stop loss correct so that when things do go wrong, you won't lose too much and you can carry on where you left off.

Unfortunately this is where most people go wrong. When it comes to using the stop at a winner idea, you have do your homework and make sure that you have a stop loss amount that not only allows you to keep betting during the normal win/lose sequence of a system/tips, but stop's you before your loses get out of hand, when something goes wrong.

If you are interested in learning more about Stop at a Winner type betting and you would like to learn more about some methods and ideas I have along with an up-coming seminar I will be running in March about this very subject, then please click the link below and sign-up for more information.

Until Monday

Guest Selection ("1Xlay").

I a day lay system.

15:00 Sthl, They all Laughed EP 6.8 2nd 7/2

Today.14:45 Sand Tip, Shinnecock Bay EP 32

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.)

If you want to continue getting these selections then please sign up here.

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.

Sorry no tip today

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

14.10 Ayr, Zaffarella 1st 11/4

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.

No Nap

Today. Sorry no tip here again today.
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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