Livin' on the Edge - Place Edition

[Hodgey]

Right then, following on from my failed Livin' on the Edge thread which layed horses to win, and following a suggestion from 'minted', I will now try my hand at a similar thing but laying them to place instead.

I will also be using a different staking plan which involves trying to achieve targets (sets) within a mini-bank and will include some recovery staking. This is not martingale and a maximum of 5 runners will be used to try and reach the target. If the target (or break-even) is achieved a new set is started. I will probably post the full plan up later but things will become clearer when I get going.

Initial plan is to use minibanks of 400 to win target of 100.

Ultimate goal is to make 500 sets of profit and buy a Porsche!

Seeing as this is a glory hunt, the targets will be the same as my previous attempt! (I will probably copy them accross from the other thread to give me some extra motivation!)

Starts this arvo.

[Hodgey]

A reminder of the levels!

Level 1 - £250 - Nintendo Wii



Level 2 - £500 - Beer for a Year



Level 3 - £1000 - La-Z-boy Chair



Level 4 - £2000 - 46" TV



Level 5 - £3000 - Omega Watch



Level 6 - £5000 - Disneyland



Level 7 - £9000 - Sandals



Level 8 - £17000 - Audi TT



Level 9 - £27000 - Cherished Plate




Level 10 - £50000 - Porsche 911

[happygooner]

Good luck mate

I'm trying my hand at backing as the bank got too low to continue laying for now

[Hodgey]

First one:

Thirsk 14.05 Dougie Peel 2.18 67.80 80.00

(Format is: Meet Time Horse Odds Stake Liability)

[Hodgey]

Originally Posted by happygooner

Good luck mate

I'm trying my hand at backing as the bank got too low to continue laying for now

Cheers mate. I'm determined to get a laying system to work!

Usual loser to start with though. Dougie Peel 3rd.

[Hodgey]

Goodwood 14.15 Tranquil Tiger 1.92 84.03 77.31

[happygooner]

Originally Posted by Hodgey

Cheers mate. I'm determined to get a laying system to work!

Usual loser to start with though. Dougie Peel 3rd.

I'll try again but with sensible staking and a bigger bank....that is if I can profit off the backing system I've started posting

[Hodgey]

Tranquil Tiger unplaced so that's the end of Set 1. Result: Breakeven.

Onto Set 2....

[Hodgey]

Thirsk 14.40 Stellite 2.97 40.00 78.80

[Hodgey]

Originally Posted by Hodgey

Thirsk 14.40 Stellite 2.97 40.00 78.80

Winner to give net of 38.04 so remaining target is 61.96

[Hodgey]

Goodwood 15.30 Masaalek 2.04 65.15 67.76

[Hodgey]

Masalek 2nd so a loser.

Running set total loss of 29.72. Next lay will be to recoup this amount.

[Hodgey]

Thirsk 15.50 Amicable Terms 1.50 31.25 15.63

[happygooner]

Originally Posted by Hodgey

Thirsk 15.50 Amicable Terms 1.50 31.25 15.63

No damn you



May the best man win

[happygooner]

We both lose

[Hodgey]

Originally Posted by happygooner

We both lose

Doh!

Running set total loss of 45.35. Next lay will be to recoup this amount.

[Hodgey]

Goodwood 16.05 Rileyskeepingfaith 3.45 47.69 116.84

[Hodgey]

Rileyskeepingfaith unplaced so that's the end of Set 2. Result: Breakeven.

(I'll do a full update later.)

Onto Set 3....

[Hodgey]

Thirsk 16.25 Bazroy 3.45 32.65 79.99

[Hodgey]

Goodwood 16.40 Jazacosta 2.16 68.97 80.01