Stumbled on your blog and working my way through it from the 1st post. V. entertaining and inspiring.
Thanks for the tip today. Had worked myself into a small loss and it helped me to work my way back to 2.5% profit.
I'm gradually building up my bank from £250 since 1 Jan aiming for 5% per day using a combination of lays, place backs and dutches on win market. Any ideas about ways to proceed? Going ok over the first week of the year - no losses at end of day (although it seems there are a few losses to overcome as the day progresses), small profits from 3 to 5% each day.
I think I can afford to leave the money there and let it accumulate to the point where I could draw a wage from it when my work is sparse (increasingly so since I'm a musician).
I have enough time each day to spend an hour looking at cards before I stick some bets on and go off to do whatever needs doing that day - diy at the moment and we're waiting for a baby to be born this week (due date today).
I'm hopeless at trading (since starting to mess around last year in August), but curious by the lay the low price favs and trade out for a point or two method. If I could sit at the desk all afternoon I think I'd be more inclined to try.
Hi G, great to have you as a reader and welcome, firstly your bank isn't big enough to scalp with so leave that idea for now, from a bank of £250 making 5% per day you are looking for an escalating £12.50 per day, you need to work out yourself how you want to attain this?, I would suggest pick 3 races per day and look to make £4.50 from each, keep at this and every ten days ramp the stakes by 30% , you have to ask yourself , what are my strengths and weaknesses, what races, events am I hitting the roi on ?, where is my best place to attack?, a lot of questions and some self discovery this you will need if you to be seep rated from the realms of punter mugdom
Thanks for the welcome - I feel welcome and that's terrific!
I'm up to £330 after this 1st week so it seems to be going ok
After what seems to be the usual 3 or 4 months scratching around going up and down with profits and losses that most people go through I'd finally conceived of a plan over Christmas that restricts me to three bets daily with fixed stakes lays based on a max liability of 20% so what you've advised (especially about scalping as I'm not ready for that yet) reassures me greatly.
How do you cope with losses from lays and whether to decide chasing those losses? - so far I've had two and managed to get out of the hole by the end of the day, but it's frustrating as hell.
Stumbled on your blog and working my way through it from the 1st post. V. entertaining and inspiring.
ReplyDeleteThanks for the tip today. Had worked myself into a small loss and it helped me to work my way back to 2.5% profit.
I'm gradually building up my bank from £250 since 1 Jan aiming for 5% per day using a combination of lays, place backs and dutches on win market. Any ideas about ways to proceed? Going ok over the first week of the year - no losses at end of day (although it seems there are a few losses to overcome as the day progresses), small profits from 3 to 5% each day.
I think I can afford to leave the money there and let it accumulate to the point where I could draw a wage from it when my work is sparse (increasingly so since I'm a musician).
I have enough time each day to spend an hour looking at cards before I stick some bets on and go off to do whatever needs doing that day - diy at the moment and we're waiting for a baby to be born this week (due date today).
I'm hopeless at trading (since starting to mess around last year in August), but curious by the lay the low price favs and trade out for a point or two method. If I could sit at the desk all afternoon I think I'd be more inclined to try.
Great blog - got a fan here.....
Hi G, great to have you as a reader and welcome, firstly your bank isn't big enough to scalp with so leave that idea for now, from a bank of £250 making 5% per day you are looking for an escalating £12.50 per day, you need to work out yourself how you want to attain this?, I would suggest pick 3 races per day and look to make £4.50 from each, keep at this and every ten days ramp the stakes by 30% , you have to ask yourself , what are my strengths and weaknesses, what races, events am I hitting the roi on ?, where is my best place to attack?, a lot of questions and some self discovery this you will need if you to be seep rated from the realms of punter mugdom
ReplyDeleteAnd typing from
ReplyDeleteMy I phone = typo galore :-//
If you ever have any queries or race specifi questions feel to ask, email or twitter or leave a post comment , look forward to more chats G man
ReplyDeleteThanks for the welcome - I feel welcome and that's terrific!
ReplyDeleteI'm up to £330 after this 1st week so it seems to be going ok
After what seems to be the usual 3 or 4 months scratching around going up and down with profits and losses that most people go through I'd finally conceived of a plan over Christmas that restricts me to three bets daily with fixed stakes lays based on a max liability of 20% so what you've advised (especially about scalping as I'm not ready for that yet) reassures me greatly.
How do you cope with losses from lays and whether to decide chasing those losses? - so far I've had two and managed to get out of the hole by the end of the day, but it's frustrating as hell.
Cheerio for now