Tag Archives: profits

Recovery staking a TABOO subject?

Today we have our regular Wednesday wisdom from Malcolm Pett, we also have selections for both the Headgear and Tongue Tie systems. Here's Malcolm…

Recovery staking for me has always been a taboo subject.

I have tried it in the past and lost a lot of money doing so.

When you mention recovery staking most people think about putting all your losses on the next bet and that’s the one to be AVOIDED at all costs.

Obviously a conversation about any form of staking needs a disclaimer…

Don’t do it unless you are fully aware of the cost!!!

Also there isn’t a staking system ever thought up that will allow you to make money from a system that doesn’t consistently make profit.

But I use one I actually call “Help recovery”.

It doesn’t usually recover all your losses but it seems to help.

I call it “1234..etc” staking and it works simply by…

“Increasing your stake by your ORGINAL stake every time you lose”

There are a few of things to clarify here…

It’s not doubling your stake (although bet 2 makes it look that way).

It won’t work with systems that don’t have a high strike rate.

The further you go into the sequence the less likely you are to recover your losses.

You need a stop loss setting.

Here is how it works.

1 is your original stake.

If you lose you go to 2 which is your original stake multiplied by 2.

If you lose again you go to 3 which is your original stake multiplied by 3.

And so on.

If you lose on 7 then you would have lost 28 points of your bank.

And you will need a 4/1 winner just to break even.

Which will be unlikely when used with a high strike system that this idea works best with.

So why use a staking system that won’t recover your losses?

With high strike systems you tend to get a mixture of very low prices and odds on prices.

You don’t tend to have long losing runs and so when this system does kick in it can often be for only 1 or 2 selections and the odd higher priced winner just seems to help boost up the profits.

I find with some systems this can be an extra 10 or more points a month.

A couple of tests we have been doing over at the Grey Horse Bot website have results sheets showing how this works.

Click here for an example.


Again please be warned that staking isn’t for everyone and you need to be aware of the risks.

I tend to use 7 as my maximum with this system and realise that if I hit that…

…then it is a month’s (or more) profit down the drain.

Also when using staking select a stake lower than you normal would.

1% or less of your bank.

Thanks
Malcolm

http://greyhorsebot.com

System Selections

With both of these systems I'm still paper trading, but I wanted to post the selections so you can follow along with the live test.

Tongue Tie System

14:55 Chepstow – Nervous Nineties – 150/1 Coral

First Time Headgear

14:35:00 Down Royal – Reality Dose – 16/1 Bet Victor

Today's Selection

14:20:00 Chepstow Champagne Express – win bet – 3/1 Bet 365

Racing Systems & Selections

On Course Profits Issue 3

Do you know what AIORT is?

Apparently it's an Acronym for And, If, Or, Then. Which is the way that most of us create betting systems.

In the February On Course Profits magazine there is a very interesting article which explains why the way most people create betting systems doesn't work.

And explains exactly how to build systems that are much more profitable.

It makes for an interesting read and has certainly given me some food for thought.

You can get On Course Profits for free on iOS and Android devices here http://oncourseprofits.com.

If you don't have a suitable device you can also buy this edition on Amazon and read it on any device – Click Here.

We have our first qualifiers for the First Time Headgear system that we posted earlier on the week.

I'm not sure I'm ready to back these yet, maybe just very small stakes! You'll recall that we did the research on 2013 and 2014 data and that we then applied the rules to January 2015 and the results were excellent.

So there has been some forward testing.

Anyway it's up to you

First Time Headgear

13:35 Taunton 6 Flanagans Field – 20/1 Ladbrokes
14:35 Taunton 11 All Yours – 13/8 Sporting Bet

By the way 20/1 selections have been profitable in the past, but obviously the strike rate is very low.

There was a 25/1 winner on January 1st this year.

Today's Selection

Huntingdon 3.35 Chatez – win bet – 15/8 Boylesports

 

 

Lay the Frogs

Don't you just love it when you spend hours researching a system looking into an angle that you think will highlight some winners all for nothing.

Or worse still when you research a system and you think you've found a micro system with a little pocket of profit and you set it up in Horse Race Base to notify you of future runners and a year later it's had just seven qualifying bets and all seven have lost.

That's the results from a system I created last January and I've been waiting for some live results to prove it works before I write about it.

It looks like that day will never come 🙁

Whats worse still is that Derek Miller has just released a laying system that uses a similar angle to make big profits from laying.

It's not the same angle I was looking at, I was looking at French bred horses on one particular all weather course.

Derek's system is selecting French breds in National Hunt races, but it does serve to remind me that there are profits in following horses that are bred for different environments and that I knew that but I didn't find the profit.

And Derek has.

The good news, for you, is that the system is free.

You can get it here http://dailypunt.com/freelayingsystem

Today's selection

17:10 Wolverhampton Apparatchika – win bet – Evens Boylesports

Football and Racing Tips

I had a bet last night for today's Cheltenham meeting that demonstrates how far you can beat the market by following tipsters who do their own race assessments rather than waiting for markets to form and letting those markets influence their decisions.

At 5pm yesterday the Racing consultants sent their members a note telling them to get on a horse that was available at 8/1 and that on their assessment should be much shorter.

I had my little tenner on with Bet 365 and now the horse is 5/1 with Bet 365 and best priced 11/2.

This horse might lose, but to me it will be remembered as a good bet whether it wins or loses because it is my strong opinion that you should judge your bets by how much you beat starting price not by whether they win or lose.

This might sound crazy to some readers. But others will know that if you keep beating starting price by big margins that the profits will take care of themselves.

I'm going to give you the bet and the full assessment in a minute, but first I'd like to recommend that whether it wins or loses that if you are serious about winning that you join the Racing Consultants service.

These guys send out bets like this one on a regular basis and they beat the market.

http://racingconsultants.co.uk

By the way they sent another one at 5.20, but I'm not allowed to give that one, but if you join them you can get immediate access.

Here's the race assessment and bet…

2.25 FREEBETS.COM TROPHY CHASE (2M5F)

“Little Jon impressed me enough as a hurdler last year despite his build and background suggesting he’d be much better over fences, and he proved the point at the first time of asking at Newton Abbot in October, giving weight and a beating to the Paul Nicholls-trained Solar Impulse.

That preceded a trio of runs in higher company here, and the bottom line is that the long-striding son of Pasternak hasn’t beaten another rival.

That said, he actually ran a cracker when a close third over 2m in November, and has crashed out when leading on his next two starts.

Despite those aberrations, he appeals as a pretty sound jumper, if inclined to take the occasional fence (or indeed wing) on.

The upside of his failures is that he’s not revealed the full extent of his ability, and therefore the handicapper hasn’t been as severe as he might have been, accepting that an opening mark of 140 is no gimme.

Main opposition comes primarily in the shape of Easter Day for Paul Nicholls, and he can’t be ruled out of calculations, for all his odds will be skinny enough.

More interesting at the forecast prices is Annacotty, who was second in the novice handicap on this card last year. He was another who couldn’t cope with the demands of the Hennessy first time out, but he’s reportedly been perked up by a spell hunting, and also has cheekpieces fitted, so should have no excuses.

He was a Grade 1 winner last year, and that fact shouldn’t be overlooked.

2.25 Chel – 2pts win Little Jon @ 8/1 (Bet365)”

As mentioned above current best price is 11/2 with Skybet, Bet Victor, Paddy Power

Football Perm

We had a win last week with The Alternative Punters Syndicate (Free Trial Here)
and this week I've gone with their home wins perm…

Top Rated ‘Best 6 Homes'
(Perm any 5 from 6 plus all 6 = 7 bets)
TOTTENHAM
NORWICH
WATFORD
WOLVES
MK DONS
BARNET
The best overall odds* for the ‘Best 6 Homes' are available with…

Coral

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