Monday, 16 November 2009

Patriotic Fervour - nearly !

Monday 16 November

Poor start to the week with over £1000 lost, and no winners.

Tipping Legends came closest, with Baltimore Patriot a two point win bet advised a 11/1 (I managed 10s) coming off second best to K'Gari in the 4.30 at Wolves. Listened to the commentary at work and it sounded as though my horse was coming through to win, but the K'Gari found more close home for an all the way win. Checked tonight and the second traded as low as 1.08 in running.

That meant a blank day for me as the other Tipping Legends selections were unplaced, SLH's all weather bet came second and Maths mention was down the field as well.

Isiris had two bets today, as usual being at work I couldn't get on initially, but Coach Lane didn't really shorten much below the advised price of 8/1 and then drifted out to an SP of 10/1 before finishing unplaced.

The other bet advised was Den Of Iniquity and KB sounded very confident on this one. Price had already gone on Betfair by the time I checked and it kept on shortening - down to 4/1 on the off and I had to let it run without my money. For a change I wasn't left cursing after the race as Den Of Iniquity could only manage 4th of the 5 runners and so I saved myself £400.

Didn't get on the Pricewise Extra selection and that lost as well.

Bets Advised


Ivory Silk win @ 5/1 - 2ND (SP 5/1)


Coach Lane 3pts e/w @ 8/1 - LOST (SP 10/1)
Den Of Iniquity 4pts e/w @ 7/1 - LOST (SP 4/1)

Tipping Legends

Wheels Up 1.5 pts win @ 8/1 - LOST (SP 11/2)
Sumdancer 0.5 pts win @ 14/1 - LOST (SP 11/1)
Doubtful Sound 1 pt e/w @ 14/1 - LOST (SP 14/1)
Baltimore Patriot 2pts win @ 11/1 - 2ND (SP 9/1)

Bets Placed

Ivory Silk £58.33 win @ 6/1, £41.67 on BF...........(100)
Coach Lane £150 e/w on BF...........................(300)
Wheels Up £150 win on BF............................(150)
Sumdancer £50 win on BF..............................(50)
Doubtful Sound £100 e/w @ 12/1......................(200)
Baltimore Patriot £75 win @ 10/1, £125 win on BF....(200)
Personal - Maths mention, Micky's Knock Off..........(50)

Loss on day £1050


trigster said...

Re. Den Of Iniquity - 'saved' £400 or risked losing about 1k ? lol
I'm sure one of the good things about following systems/tipsters is having the subjective element removed from your betting . That is until you miss the price and then have to make a decision whether to back or leave alone. Do you have a personal rule of thumb to help you decide that?


Anonymous said...

How is your online poker? What do you do with the money you make from gambling?

JP said...

Hi trig,

KB had a rule of thumb that you shouldn't take prices more than 3 steps below the advised price - so today 7/1 advised, don't take less than 11/2 under that system.

I don't consciously subscribe to that, but it was than 5/1 on Betfair when I looked and that was an easy pass, and the place part was odds on as well.

Wouldn't have got £200 e/w at 7/1 anyway against the odds-on favourite but no harm done today.

A few years ago I probably would have backed it at 4/1 but win or lose I know there's no mileage in that long term.

The next bet is never far away, I have had nearly 4000 of them this year after all !

All the best


Hi Anon,

Don't play much poker these days to be honest. Would like to get back into it again though.

Just stick the money in the bank and toucj it as and when I want or need to. It's paid for a trip to Oz and NZ after Christmas which can't come soon enough !

Brian said...

Isiris behind since restarting this year,believe he will still come good for you.
Only prob i found when i was a member was that,when things start to go wrong he has more bets than normal.He then hits a spell,with alot of well backed winners that you have missed the price on.KB is able to put on a/c at price advised ,(quite correctly)but in fact you have not got anywere near those prices,so still show a loss.
Been there ,done that,no longer have a teashirt.
Good luck,always great reading.

paul said...

I'm from south yorks too and just found your blog via betfair forum...
What a fabulous blog.
I recently took my redundancy from corus after 31 yrs and am trying to give something similar a go myself.(Ive tried in running betting at an exchange shop but still never got it right) . I was therefore delighted to find your site.
Using tipster proving sites Ive built up a suite of tipsters I follow,each are consistent and long term profitable.
I was very interested to see the tipsters you use.
When Ive tried this kind of thing previously and what catches me out missing bets when on holiday or being away.
For example i followed every one of emeralds bets and then one weekend my wife and I go away and I miss 2 winners at 10/1 and 12/1 that make it a profitable month..I suppose its all about being organised...
What happens when you go on holiday for 2 wife would be well peed off if i spent all day on the phone/laptop..
also what happens when you cant get bets on at prices advised? do you take whatever price available or miss the bet?...
I would be grateful for any other start up advice.
Good luck

RichP said...

Hi JP,

Love reading your blog and fair play for sticking at it, especially through the losing days.

You're up about £50k for the year so far, what is your actual betting bank as such and is that increasing as the year goes on in line with your profit. To undertake your betting what sort of bank would you recommend - presumably quite big as some of the services aren't cheap.

Good luck with the rest of the year and giving up the day job, i've just given my p/t job up but not to bet unfortunately but to concentrate on freelance writing. Anyway, keep it up really enjoy the read.



JP said...

Hi Brian,

Playing at the stakes he advises, it doesn't take many bets to make a drastic difference to the account either good or bad.

As with all the services, I have to do the best I can with the prices - I could never got much on the clever each way bets even before the restrictions weren't as bad as they are now.

Missed a couple of his bets due to being in work when they were given out and the prices never came back, but I've not done too badly with it so far.

See how he goes in the next few weeks.

All the best to you


Hi Paul,

Good to hear from a neighbour !!

Must admit I'm only really familiar with HBI of the services you mention, but it's good to hear that you're making good money out of the game.

I've missed a few winners lately through missing prices etc and that is very annoying, but having time off for holidays is different I think.

I've only actually had one week off from doing this so far this year - mainly because I'm going away for 7 weeks at Christmas, but if you're on holiday then just take the time off and have a proper break.

Odd week here and there shouldn't make that much difference over a course of a year - unless you're following a very low strike rate service that just hits the odd really big winner (such as the golf service I follow).

I always try and get the bets on if I'm away or out for the odd day, can pick up my e-mails and place bets on my mobile and so it's not too disruptive to whatever else I might be doing.

As for missing the advised price, depends how much it has moved by. I will often try and get matched on BF for the original price, put an offer in and see if it gets taken but if it's moved too much then I have to sit it out.

Mentioned the 3 step rule in my comment to trigster on this post and that's a fair rule of thumb to work to I think.

Hope this of some help, but fire away if you have any more questions.



Hi Rich (good name for a gambler !!)

I use a "working" bank of around 20K - ie what I keep in my current account, and the bookies / Betfair accounts.

On top of that I have around 35-40K in savings accounts which I can access should I need to.

According to the recommended banks of the services I use, then theoretically I need a bank of around 100K to allow for a worst case scenario based on the stakes I am using at the moment.

I believe I have enough in reserve, but as my profits hopefully continue to grow, then I will ensure I keep things topped to try and cover every eventuality.

I will be full-time next year so the bank has to pay me a "wage" next year to cover all my bills and spending habits, but I spend a hell of a lot of time on this now, so with a bit of careful planning I should do fine.

Sounds like you're embarking on a new chapter as well so best wishes with the writing.

All the best