Once again my second horse came in today. Mafaheem won the 19.20 at Wolverhampton giving me a profit of £4.50. I'm keeping it short tonight as it's been a hectic day. Happy betting!
Daily profit: +£4.50
Total profit: +£59.00
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2 comments:
Greetings,
Just a quick hello from the states. I really enjoy your blog with your disciplined and businesslike method.
One question what type of progressive staking plan are you using for your six race daily play?
You have given me inspiration to start a program similar to yours.
Hope to hear from you. Best of luck
Zappi
Hi Zappi, thanks for your comments - it's always nice to know that there's someone out there reading this.
As for my staking plan, I increase my stakes to cover my losses. Each day I aim to increase my bank by 5% so at the moment as my bank is around £100 i'm aiming to increase it by about £5.00 per day. This means that I bet whatever I need to to ensure a win of £5.00, for example I may need to bet £2.50 to win £5.00, if I win the first race I stop betting for the day, but if I lose then I would need to win £5.00 plus my £2.50 that I lost, £7.50 in total, in order to ensure my £5.00 profit. I keep increasing my stakes to cover my losses until I get a winner.
Unfortunately as I bet on favourites, the odds seem to be quite low, which means that the amount I need to stake to recover my losses (plus ensure a profit) can get quite high. This is why I put a limit on 6 losses before I quit.
I hope this helps and please let me know of you need any further information. Good luck with your betting ventures!
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