So a terrible weekend, and back to where I was at the start of the week, over £2600 down on the year.
There were always going to be periods like this and I am well prepared for it financially. However it's not a great position to be in, when you're trying to clear £2000 a month.
Hopefully, I will be able to do a lot more trading on my own account from now on which will help stem the flow when things are not going my way on the tipping lines. But my main concern at the moment is the performance of the services themselves, one in particular.
I'm not happy with Mark Holder. I paid £897 to join his service for 6 months, starting at the end of September. His first bet advised to me was a 10/1 winner on 29 September last year, not uncluded in this blog, which started on 1 October. Since then he has advised 51 horses, only two of which have won. In fairness, most of his selections are advised each way and fifteen of them have been placed - half of them at double figure prices.
However had I joined a day later, I would have had 2 winners in 4 1/2 months, and frankly that is not good enough. I know that there are no guarantees in this business, but the relentless optimism of his nightly updates and the half truths of the adverts are grating on me somewhat.
You will probably have gathered that I don't intend to re-subscribe, indeed as of now I won't be ringing for his tips. I've only lost £400 in addition to the initial subscription, but that's as far as I am prepared to go.
As for the other services, Henry Rix is quiet - no winners since Christmas, but has only played in 5 races since then. I am however well in front, even after accounting for the subscription and I know his strenghts are the flat and the big festival meetings, so I remain confident that he can do a job for me.
Isiris have been doing very well since I joined, although this is not their best time of year. I have subscribed to this service in the past and they certainly know what they are doing, expecting a very good year from them.
Steve Lewis Hamilton's strength is his all weather service, which has been firing in decent priced winners regularly, and has been holding down my losses in 2008 to manageable proportions. His private service is not producing spectacular results, neither is his lay service, but nor are they costing me much so I'm happy enough with how things are with Steve.
Mathematician Betting offer a very interesting service, with analysis of the days racing via e-mail each morning. Their headline account bets aren't producing much in the way of profits recently, but the content of the messages is very good most days and I haven't been making best use of it so far. That will change in the months ahead and I am happy to continue with them and looking forward to making some decent money on the back of their analysis.
Finally, my trial sub to Optimum Racing expired at the end of January. They were in fantastic form before Christmas but very poor since then. I am still in front with them but have yet to renew. Will give them a call this week I think and hope they can recapture their form.
Right, thats more than enough from me for today. Any comments would be very welcome.