Layers Of Profit – Day 7
Morning constables,
Results from day 7 of the Layers Of Profit trial. A massive 9 selections today although 1 was a non-runner. 2 winning horses see the bank reduced once more.
9 selections is a lot – in the worst case example where these horses would all be at our maximum laying price of 6.0 on the exchange (and assuming laying each horse for 1 pt each) you have a liability for the day of 45 pts before the off! I intend to work back through the results looking at race distance, number of runners and lay price to see if there are other angles for this system, watch this space.
Cheers,
Sgt Rob.
Thursday 29th April 2010
No selections above lay price of 6.0 on the exchange.
Results below show price at (if not fractionally before) the off…
Bank at start of review was 300 pts (£600). Lays placed at 1 pt (£2) before commission.
Bank at start of day : 284.68 pts (£569.36)
| Time | Course | Selection | Lay start price | Postion | Profit |
| 02:50 | Hereford | Astracad | 4.6 | 1st | -3.6 |
| 03:20 | Hereford | Denny Mac | 3.45 | PU | 0.95 |
| 03:50 | Hereford | Prince Des Marais | NR | NR | |
| 05:10 | Folkstone | Charlie Smirke | 2.22 | 4th | 0.95 |
| 06:10 | Huntingdon | Last One Standing | 6.6 | 4th | No bet |
| 07:10 | Huntingdon | Yonder | 4.5 | 2nd | 0.95 |
| 07:40 | Huntingdon | Pairc Na Gcapall | 5.1 | 2nd | 0.95 |
| 07:50 | Tipperary | Mossey Joe | 4.9 | 1st | -3.9 |
| 08:00 | Brighton | Wreningham | 2.7 | 3rd | 0.95 |
Todays profit/loss = -2.75 pts (-£5.50)
Cummulative profit/loss = -18.07 pts (-£36.14)
New bank : 281.93 pts (£563.86)
Written by on Apr 30th, 2010. Comment. 
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Hi Bloggers
The review of this system starts tomorrow, 1 May 2010.
The system is a laying system and offers two staking plans. One is based on a percentage of the bank depending upon the odds and the other is based on a straight level staking system. They suggest that for a £1,000 bank you divide the bank by 50 and place £20 per selection. £20 is therefore 1 point on the level staking basis. For the purposes of the trial we will also use a starting bank of £1,000. They recommend revising the level stake every week or every month (divide the new bank by 50 each week or month to get the new level staking value). We will stick with £20 per point for the first month of the trial, as I believe that it is simpler all around.
Their website (www.free-profits.com) says that they have been proofing the results to Racing-Index for two years and the last few months profits look very healthy showing January £1,069 profit, February £2,126 profit, March £67 loss and April a massive £6,057 profit. Let’s hope that we can achieve similar results!
I hope that this one works out better than the last one I reviwed, JCA Racing!
Kind regards and enjoy the Bank Holiday weekend.
Tony
Written by on Apr 30th, 2010. 1 Comment.
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Hi Bloggers
We had a crazy day today with a possible 16 qualifiers but this was reduced to 12 and these races were Redcar 14:00/14:30/17:05, Folkestone 15:10/16:40, Hereford15:20/15:50, Brighton 17:00/20:00 and Huntingdon 17:40/19:10/19:40 and we ended the day with a 17:82 points profit.
P/L on the Day = + 17.82 points profit.
Cumulative P/L after Day 16 = + 200.91 points
Regards
Sgt Dave
Written by on Apr 30th, 2010. 4 Comments.
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