Tuesday, 16 March 2010

Update after Cheltenham

Well, the first day has ended. I'm a bit disappointed even if I did make a profit for the day after Cheltenham. I just felt that I should have listened to myself and my "women's intuition" and maybe had more of a look at the form before putting my money on. Incidentally, it was Binocular that I was really unsure about, and I left it out, and I paid for that mistake. Oh well! We live and learn! I made a total of £44.85 profit, and my betting bank now stands at £507.50. I am just scraping a profit of £7.50 over my starting bank. I am still somewhat down on the peak of my betting bank which at one point last month stood at £652.64.

I do have two outstanding bets tonight which include:

Stvenage Win v Histon £8 @ 1.30
Peer Win v Jankovic £16 @ 1.73

Also, I really think my football bets need a bit more work. I posted some tips the other day, and only one paid out, the other two were losing bets. I'm trying to work on a high strike rate, low odds bets, that I can place a little bit more on to offset the horse racing tips as the strike rates on these are low but at better odds. I think my staking plan and the way I bet is sort of working. I have so far placed 355 bets, with 115 winners. From my little starting pot of £500 I have turned over bets worth £2229.30 (4 x my betting bank). However, it is disappointing that I have so far only made a profit of £7.50 which is a very measly 0.33% Return on Investment. The only solace is that if I was over staking or had poor bank management, then I am sure I would have been found out by now. Any thoughts or advice from readers would be appreciated. x

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