Its Thursday
Just the one from Jinxy today, first write up selection for a while. Price in the shops is 6 and on betfair its 6.8. Couldnt make the 6.8 but took some 6.6.
Result.
Nice and easy, my 6.6 was traded down to 4.4 before the off so making a nice £49.
+£49
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Some are asking again about my staking plan. Look through the threads and you will see it !!! OK here it is again.
£100 win is the initial stake, followed by.
£131 lay to try and get at least £30 profit before the race, if not possible then I will adjust that lay off stake to go in running to :
£117 lay off, this will make me £16 profit at my selected price and at least £90 should the horse go on to win.
Example. todays selection I've taken 6.6, so its...
£100 win at 6.6, then I will try and make £30 pre race, so its followed by:
£131 lay at 5.0, or lower if the market is still dropping. This will give me at least £30 profit regardless of the result. If no pre race trade then I will adjust to:
£117 lay off in running at a price of 4.9 which would give me £16 profit if matched at 4.9 unless he won and then I would make £100 profit. Some times I may fancy the horse myself so will lay it off lower, for example If I chose to lay this one off at 4.5 in running I would still make £16 if matched but would make £145 if it won.
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