Just a quick note - I am recording all prices at SP for consistency reasons. I am also running a seperate log to track the system performance at BSP. I have not deducted the 2% commission from these figures so bare that in mind. We are employing compound % staking betting 1% of the overall bank each time. Stakes are recalulated only after the bank sees new profit at the end of the day. They do not reduce after losses.
Week 2 was much better with 9 winners from 27 bets or a much better 33.33% strike rate 😎
Just one winner from the first seven bets this week made for a rough start but Thursday was the turning point. A massive 4.5 points of profit from three winners followed up by almost another 5 points the following day with put us into profit (3.4 points) for the first time! Because the bank increased the stakes also increased to 1.03 points. Saturday was another good day and another 5 points of profit which saw the bank and stakes increase for the second day in a row. Our first winner from our only selection at Lingfield saw yet another near 5 points of profit added and another increase in stakes to a massive 1.13 points after only week 2. Average winning SP for the week was 4.52.
For comparison at BSP prices our bank saw a massive 20 points of profit added with stakes already at 1.24 points! Already this difference is making it hard to justify not using the exchange but we will see what week 3 brings.
Thanks,
Darth Niloc