[Ended] Half the bank on laying horses

[princecapri]

So I will start with £12.85, my current bank in Betfair. My Betfair account needs more money at some point so I dont mind running this experiment/GH.

When I started betting on horses, I had a really good first month. Sometimes picking out 4/6 and even 4/4 winners. But my bank was small and I hardly gained anything. As I increased the stakes, I was met with the well known failure, and since then, I have been pretty rubbish at picking horses. Ive tried laying as well, but it all goes into the ground after a while.

Atm, I am working on my own speed ratings, and have noticed that some oft he bottom placed horses dont tend to win. Since there is not enough back-testing for this ratings system, I would suggest anyone to refrain from following this blindly. Still, it would be interesting to see where this goes.


I will normally bank 1/3rd after getting 3 x Starting bank. For convenience sake, first pit-stop is £30. Also, I will bet half the bank everytime. (Sometimes I might bet the whole bank, for another system I have, which has a very decent strike rate). So yea, in essence, its all simple really. Hopefully should have a string of successful bets.

Addendum:
Should have mentioned. The odds I will be chasing will lie between 5/1 to 20/1. I will at times go outside these boundaries if I feel confident enough, but odds in this range will be give preference.

[princecapri]

Starting Bank = £12.85
1) Shampagne (2:45 Sth) @ 13, for 52p profit.

[princecapri]

Heh...didn't see that coming. This makes things a bit interesting.

Starting Bank = £12.85
1) Shampagne (2:45 Sth) @ 13, for 52p profit; £6.25
2) Pegasus Dancer (3:15 Sth) @ 15.5, for 20p profit;

[princecapri]

Starting Bank = £12.85
1) Shampagne (2:45 Sth) @ 13, for 52p profit; £6.25
2) Pegasus Dancer (3:15 Sth) @ 15.5, for 20p profit; £6.45
2) Black Falcon (3:45 Sth) @ 5.9, for 62p profit;

[princecapri]

Starting Bank = £12.85
1) Shampagne (2:45 Sth) @ 13, for 52p profit; £6.25
2) Pegasus Dancer (3:15 Sth) @ 15.5, for 20p profit; £6.45
3) Black Falcon (3:45 Sth) @ 5.9, for 62p profit; £7.07
4) Registrar (4:00 Yar) @ 12, for 30p profit;

[princecapri]

Heh...ridiculous

Starting Bank = £12.85
1) Shampagne (2:45 Sth) @ 13, for 52p profit; £6.25 LOST
2) Pegasus Dancer (3:15 Sth) @ 15.5, for 20p profit; £6.45
3) Black Falcon (3:45 Sth) @ 5.9, for 62p profit; £7.07
4) Registrar (4:00 Yar) @ 12, for 30p profit; £3.77 LOST
5) Whitbarrow (4:15 Sth) @ 9.4, for 40p profit (AI);

Going all in now, till I can build a respectable half-bank.

[princecapri]

Starting Bank = £12.85
1) Shampagne (2:45 Sth) @ 13, for 52p profit; £6.25 LOST
2) Pegasus Dancer (3:15 Sth) @ 15.5, for 20p profit; £6.45
3) Black Falcon (3:45 Sth) @ 5.9, for 62p profit; £7.07
4) Registrar (4:00 Yar) @ 12, for 30p profit; £3.77 LOST
5) Whitbarrow (4:15 Sth) @ 9.4, for 38p profit (AI); £4.15

Was waiting to lay Muntami in 16.30 Yar, but the money hasnt been returned yet, and also, odds have gone have mani-folds, so will be skipping this.

[princecapri]

Starting Bank = £12.85
1) Shampagne (2:45 Sth) @ 13, for 52p profit; £6.25 LOST
2) Pegasus Dancer (3:15 Sth) @ 15.5, for 20p profit; £6.45
3) Black Falcon (3:45 Sth) @ 5.9, for 62p profit; £7.07
4) Registrar (4:00 Yar) @ 12, for 30p profit; £3.77 LOST
5) Whitbarrow (4:15 Sth) @ 9.4, for 38p profit (AI); £4.15
6) Al Rayanah (4:45 Sth) @ 7.8, for 47p profit (AI);

[princecapri]

Starting Bank = £12.85
1) Shampagne (2:45 Sth) @ 13, for 52p profit; £6.25 LOST
2) Pegasus Dancer (3:15 Sth) @ 15.5, for 20p profit; £6.45
3) Black Falcon (3:45 Sth) @ 5.9, for 62p profit; £7.07
4) Registrar (4:00 Yar) @ 12, for 30p profit; £3.77 LOST
5) Whitbarrow (4:15 Sth) @ 9.4, for 38p profit (AI); £4.15
6) Al Rayanah (4:45 Sth) @ 7.8, for 47p profit (AI); £4.62
7) Spanish Diva (6:40 Wind) @ 6.8, for 74p profit;

[princecapri]

Starting Bank = £12.85
1) Shampagne (2:45 Sth) @ 13, for 52p profit; £6.25 LOST
2) Pegasus Dancer (3:15 Sth) @ 15.5, for 20p profit; £6.45
3) Black Falcon (3:45 Sth) @ 5.9, for 62p profit; £7.07
4) Registrar (4:00 Yar) @ 12, for 30p profit; £3.77 LOST
5) Whitbarrow (4:15 Sth) @ 9.4, for 38p profit (AI); £4.15
6) Al Rayanah (4:45 Sth) @ 7.8, for 47p profit (AI); £4.62
7) Spanish Diva (6:40 Wind) @ 6.8, for 74p profit (AI); £5.36
8) Gentle Guru (7:40 Wind) @ 13.5, for 39p profit (AI);

[princecapri]

Starting Bank = £12.85
1) Shampagne (2:45 Sth) @ 13, for 52p profit; £6.25 LOST
2) Pegasus Dancer (3:15 Sth) @ 15.5, for 20p profit; £6.45
3) Black Falcon (3:45 Sth) @ 5.9, for 62p profit; £7.07
4) Registrar (4:00 Yar) @ 12, for 30p profit; £3.77 LOST
5) Whitbarrow (4:15 Sth) @ 9.4, for 38p profit (AI); £4.15
6) Al Rayanah (4:45 Sth) @ 7.8, for 47p profit (AI); £4.62
7) Spanish Diva (6:40 Wind) @ 6.8, for 74p profit (AI); £5.36
8) Gentle Guru (7:40 Wind) @ 13.5, for 39p profit (AI); £5.75
8) Chunky Lad (7:50 Utt) @ 3.25, for £1.19 profit;

[princecapri]

Starting Bank = £12.85
1) Shampagne (2:45 Sth) @ 13, for 52p profit; £6.25 LOST
2) Pegasus Dancer (3:15 Sth) @ 15.5, for 20p profit; £6.45
3) Black Falcon (3:45 Sth) @ 5.9, for 62p profit; £7.07
4) Registrar (4:00 Yar) @ 12, for 30p profit; £3.77 LOST
5) Whitbarrow (4:15 Sth) @ 9.4, for 38p profit (AI); £4.15
6) Al Rayanah (4:45 Sth) @ 7.8, for 47p profit (AI); £4.62
7) Spanish Diva (6:40 Wind) @ 6.8, for 74p profit (AI); £5.36
8) Gentle Guru (7:40 Wind) @ 13.5, for 39p profit (AI); £5.75
8) Chunky Lad (7:50 Utt) @ 3.25, for £1.19 profit; £6.94

[princecapri]

Starting Bank = £12.85
1) Shampagne (2:45 Sth) @ 13, for 52p profit; £6.25 LOST
2) Pegasus Dancer (3:15 Sth) @ 15.5, for 20p profit; £6.45
3) Black Falcon (3:45 Sth) @ 5.9, for 62p profit; £7.07
4) Registrar (4:00 Yar) @ 12, for 30p profit; £3.77 LOST
5) Whitbarrow (4:15 Sth) @ 9.4, for 38p profit (AI); £4.15
6) Al Rayanah (4:45 Sth) @ 7.8, for 47p profit (AI); £4.62
7) Spanish Diva (6:40 Wind) @ 6.8, for 74p profit (AI); £5.36
8) Gentle Guru (7:40 Wind) @ 13.5, for 39p profit (AI); £5.75
9) Chunky Lad (7:50 Utt) @ 3.25, for £1.19 profit; £6.94
10) Earnest (8:20 Utt) @ 9.8, for 38p profit;

[princecapri]

Starting Bank = £12.85
1) Shampagne (2:45 Sth) @ 13, for 52p profit; £6.25 LOST
2) Pegasus Dancer (3:15 Sth) @ 15.5, for 20p profit; £6.45
3) Black Falcon (3:45 Sth) @ 5.9, for 62p profit; £7.07
4) Registrar (4:00 Yar) @ 12, for 30p profit; £3.77 LOST
5) Whitbarrow (4:15 Sth) @ 9.4, for 38p profit (AI); £4.15
6) Al Rayanah (4:45 Sth) @ 7.8, for 47p profit (AI); £4.62
7) Spanish Diva (6:40 Wind) @ 6.8, for 74p profit (AI); £5.36
8) Gentle Guru (7:40 Wind) @ 13.5, for 39p profit (AI); £5.75
9) Chunky Lad (7:50 Utt) @ 3.25, for £1.19 profit; £6.94
10) Earnest (8:20 Utt) @ 9.8, for 38p profit; £7.32
11) Floodlight Fantasy (8:50 Utt) @ 6.2, for £1.28 profit;

[princecapri]

Starting Bank = £12.85
1) Shampagne (2:45 Sth) @ 13, for 52p profit; £6.25 LOST
2) Pegasus Dancer (3:15 Sth) @ 15.5, for 20p profit; £6.45
3) Black Falcon (3:45 Sth) @ 5.9, for 62p profit; £7.07
4) Registrar (4:00 Yar) @ 12, for 30p profit; £3.77 LOST
5) Whitbarrow (4:15 Sth) @ 9.4, for 38p profit (AI); £4.15
6) Al Rayanah (4:45 Sth) @ 7.8, for 47p profit (AI); £4.62
7) Spanish Diva (6:40 Wind) @ 6.8, for 74p profit (AI); £5.36
8) Gentle Guru (7:40 Wind) @ 13.5, for 39p profit (AI); £5.75
9) Chunky Lad (7:50 Utt) @ 3.25, for £1.19 profit; £6.94
10) Earnest (8:20 Utt) @ 9.8, for 38p profit; £7.32
11) Floodlight Fantasy (8:50 Utt) @ 6.2, for £1.28 profit (AI); £8.60

Fairly decent run till the end of the day, got the 1st one wrong, which really brought down things. Other than that, there have been 9/11 successful lays, which is good.

Shall continue tomorrow.

[Danny Cash]

Yeah good work today mate barr the first race. I was looking into why 2 people on this forum elected to lay Shampagne today - I suppose it's easy to see why it won afterwards, but learn from your mistake, look at the reasons why it won and get better. Remember you don't have to lay in lots of races a day, take your time - GOOD LUCK!

[princecapri]

Hey Danny, cheers for the comments mate. Since my knowledge on horses is rather limited, any comment is more than welcomed. A serious question though (I am not being funny or sarcastic). Why did Shampagne win yesterday? It was 4/5 in my ratings and not in a very good position even otherwise. Maybe betting in a small race was not the right move?

I don't exactly know how to look at race results and realise my errors, so any pointers on that would be great.

[princecapri]

Starting Bank = £12.85
£8.60, Day 2
12) Proponent (2:15 Sth) @ 8, for 57p profit;

[princecapri]

Starting Bank = £12.85
£8.60, Day 2
12) Proponent (2:15 Good) @ 8, for 57p profit; £9.17
13) Lady Grantley (2:35 Bev) @ 8, for 60p profit;

[princecapri]

Starting Bank = £12.85
£8.60, Day 2
12) Proponent (2:15 Good) @ 8, for 57p profit; £9.17
13) Lady Grantley (2:35 Bev) @ 8, for 60p profit; £9.77
14) Donegal (2:50 Good) @ 18.5, for 52p profit (AI);