November In Profit :-)

Had a decent couple of days and I'm finally in profit which is a good achievement and feel more positive now. Up to last night I was £375.17 in profit but had a decent couple of winners this afternoon and added another £300 at least to that. I say at least because I've got three outstanding bets so if any or all of those come in I will see some more profit. But apart from those that is it for today so I'm happy with £300 at least

November profit = £675.17

PROFITABILITY UPDATE

SEPTEMBER (Includes last few days of August) - £1891.67
OCTOBER £8782.65
NOVEMBER (SO FAR) -£83.36
TOTAL PROFIT = £10576.96

just to note that there are £6.5k worth of Betdaq profits that aren't included in these figures or any bookmaker profit.

November Has Been Tough

So far November has been tough. Made a losing end to the month on Betfair account after the big loss day. And started off the month with a bad attitude and made a losing start. No chasing but I really couldn't be bothered so made silly decisions.

I've been in a better frame of mind though the past few days and started to claw ssome back. Betfair is down at the moment so can't check my Pand L but I think I'm about £400 down for November. I need to update all my figures anyway and I'm going to start recording them outside betfair in a spreadsheet on a daily basis.

Part of my problem has been I was messing about with my daily depsoit limt on betfair and accidently set to to just £500 a day. So i ended up trying to turn the £500 into a £2k bank which I got close to on a number of occasions but ended up losing the £500 on a few occasions! Anyway I'm back to normal now and as I have said, slowly clawing things back.

Will update my figures of October, November and running total later.

Betfair - £4700 Betdaq + £6600

That's right I've been to the dark place and back again!!!

I had a stupid stupid big bet on a horse I was given and was hoping to trade out some but it just kept drifting and I didn't get out. Lost £1400 on the first race. Then I had an even bigger bet on a horse that was even more strongly fancied. It drifted and drifted and drifted and lost! So I did nearly £5k in on my betfair and moved over to betdaq. I backed three godolphin horses and upped my stake each time. ALL three won and ALL three drifted. So I was £1600 up on the day but my betfair P and L shows a different story. Not bothered though I'll forget the betdaq win for my stats for the blog and call it a nice £6.6k bonus :-)

So I have a target to make the £4.7k back by the end of the month. Only 2 days ha ha unlikely. Only got £396 in my betfair account and can't deposit anthing until tomorrow because of my self impossed limits so I'll see how far I can get that in the next two days. It would be nice to get back to my £2k betfair bank without having to deposit. Either way my October figures will be good without the betdaq win and I have another £1600 to treat myself with!!!!

BIG let off :-) :-) :-)

Control losses and profits

Been playing the markets a bit today to lock in profit and hold losses but first last nights value seeking

sort out a but of value last night on the televised dogs and football and made £48.16

This afternoon traded the markets a bit when I new the price would shorten on fancies pre-race or after the off I placed slightly bigger bets and traded out quite quickly, a couple of winners meant a decent profit and the for the 4 losers I was slightly green so all good. Made £249.03 this afternoon.

On to this evening had a few bets on US racing and end slightly up but boost this after backing a tip at Kempton that won making a healthy profit of £649.71

all in all I've made nearly a grand over the past two days which is almost a months target.

A decent enough day for little effort

Wasn't planning on doing much today but was given a bit of info which I didn't go too big and it worked out well netting a nice profit. After last night it was a relaxing bit of profit. May have a search around for any value tonight but may just not play at all. I just want to make use of the time that I have while the wife is working because after this week I'll have less time for punting and as it's a new month soon I'm not sure I'll be able to hit targets. Speaking of targets I'm gonna have a rethink of my targets

and adapt them to the different punting styles I adopt.

Just think how I can maximise profits and more

importantly minimise losses and stop the dreaded tilt!

Horse Racing: £320.27 Total P&L: £320.27

Learning Lessons - RONALDO I LOVE YOU!

Learnt an important lesson on staking last night. I played the US horses and it was one of those nights when I knew it just wasn't my night. Despite reducing my stakes to what I had been playing in recent weeks whilst trying to recover losses, it wasn't long before I 'd lost quite heavily and was into chasing territory! Some of my concerns in the early posts of this blog questioned my form on the US racing but over the past couple of weeks my good form has returned and you could say I have been ON FIRE! Fortunately my good form hasn't deserted me, it was just my good fortune. The amount of close 2nds and close 3rds was unbelievable.

Anyway, early doors my staking got me into trouble (LESSON 1) fortunately my banker bet of the evening which was an amazing 7/4 when I expected it to be odds on, got me out of trouble. I should have just quit then, I was a few quid down but up on the day and if I had a proper look at the cards ahead (particularly later on) I would have done (LESSON 2). But no I continued aiming to make a profit and my eratic staking continued (LESSON 3) and got me into an evening bigger mess. I wasn't blindly chasing, I was waiting for what I thought were good opportunities but my luck was out. I layed a fav and back a 2nd fav, the swing was huge and mine lost in a photo when it looked the winner all the way up the straight but that happens in racing and it will go the other way one day. By this point there was very little racing left and it was getting late. I wasn't posting my selections on the forum. I placed a massive bet and the horse absolutely hacke up by about 12 lengths. I won't forget the horses name in a hurry, Ronaldo, I will never show hatred for the ex -man utd now with real madrid footballer again! For the first time that night I was in front.

It was reckless and I shouldn't have been there in the first place and in future I wouldn't have been so lucky (LESSON4) but boy was I happy.

The profit for a turbulent day was £588.07