Lay Bet Dominator – Days 51 to 58
17th November 2012
Hi, Sgt Colin here, with the updated results for Lay Bet Dominator.
The website suggests 3 potential staking plans;
a) fixed liabilities, whereby whatever the odds the liability remains the same on each bet in £ terms.
b) % liabilities, whereby the liability on each bet is a fixed % of the betting bank
c) fixed stakes, where the profit target for each bet remains the same in £ terms. Thus the higher the odds, the higher the liability.
Having made a very poor start, we were showing signs of recovery, only to slip at the start of November. Could we recover sufficiently to allow the trial to continue?
Day 51 – 10th November
5 selections – 4 qualified , three winners, one loser. Good gains made.
Day 52 – 11th November
6 selections today, only 1 qualified, and it came 2nd at odds on. A good result.
Day 53 – 12th November
3 selections, one qualified, and it came 4th. After looking a lost cause a few days ago, the trial is close to breakeven. Could we move into profit on all staking plans and continue the trial?
Day 54 – 13th November
3 selections, none were winners – unfortunately the odds were too long to qualify
Day 55 – 14th November
5 selections, 3 qualifying. The first came fourth, but the other two were winning horses. A loss on all fronts.
Day 56 – 15th November
3 selections, 2 qualifying. 1 winner one loser – losses on one staking plan, winners on 2 of the plans.
Day 57 – 16th November
2 selections, 1 qualifying, which came home first.
Day 58 – 17th November
4 selections, all of which were in the prescribed odds range. Unfortunately, two of them won, so we ended with a losing day.
Updated results
Staking Plan a) Opening Bank 100, Staked 410 Loss 12.6 Closing bank 87.4 ROI -3.1%
Staking Plan b) Opening Bank 100, Staked 349 Loss 19.0 Closing bank 81.0 ROI -5.5%
Staking Plan c) Opening Bank 100, Staked 555 Loss 27.6 Closing bank 72.4 ROI -5.0%
Well the service never recovered from a truly dreadful start, and ended up losing money on all staking plans. So unfortunately that is the end of the trial, and I will be compiling a final review.
[Click here to see Lay Bet Dominator….]
