Another very poor week with no winners from three bets and loss £587.00 and profits are now down to £1068 for the year .All three bets ran poorly with both Ajdaad and Times up finishing unplaced.
The last month has been very disappointing with no winning bet since Alanza won the Sceptre stakes at Doncaster on September 8th.Making it nine losers in row ,these losing runs do happen at some point during the season, though its major concern how badly the bets are performing at moment .
Will continue to the end of the flat season on November 5th then reassess whats gone wrong this year.
THE RESULTS :
ON THE WEEK :
3 BETS ) 0 WINNERS ) LOSS £587.00
OVERALL AFTER WEEK 39:
77 BETS ) 17 WINNERS ) 20 SECONDS ) 17 THIRDS )
RETURN ON INVESTMENT 2011:
STAKED £18,179 ) RETURN £19,247 ) ROI +5.87
BANK RUNNING TOTAL £5124
STARTING WITH £4000 BETTING BANK FROM JUNE 1ST 2011
5% OF BANK STAKED PER BET
FROM JULY 7TH 2011
*ALL SELECTIONS ARE NOW PROOFED ON BETTING WEBSITE
WWW.BETTINGLEAGUE.CO.UK UNDER JERRYB123
CURRENTLY IN 9TH POSITION WITH 29.04 PTS PROFIT .ROI 14.67 %
With regards to your selections and a sample size of only 77 bets you are most probably just suffering from the vagaries of volatility.
What I am trying to say is that even with quite a large edge (positive expectation) and the best thought out bets; you can still suffer a long run of comparatively negative results. A bookmaker or casino can easily be down after 77 bets but we all know that long term they normally end up on top.
I am a very keen follower of your blog and a big fan. I look forward to your write ups and I have learned a lot from your posts. You are obviously thinking your selections through in meticulous detail and to me it is obvious that your selections contain lots of value. I think that the problem is that you set yourself such exacting standards based on your previous results.
From my experience it is normally when we are either at our lowest or highest points that we get a sudden and dramatic change of fortunes, so my advice, for what it’s worth, is by all means look at your selection criteria, however please do not change to much as I am sure your fortunes will soon take a change for the better.
Keep up the good work mate.
Thanks for comment,appreciate the kind words.
Yes I do agree what you are saying 77 bets is not very big sample size,though this looks like being my worse year since 2004 .I have to admit my confidence with the bets is bit low at the moment.
I think the one mistake I have made is reducing the number of bets by so much ,i thought his would improve profits with better quality bets , though this just hasn't happened .
Hopefully the results will start to improve before the end of the flat season.