Back from LOS and the Horse Racing System is kicking
After a long flight home and not being able to sleep, I decided to track a few horse racing systems to see how things pan out. I setup a spreadsheet and I am going to track four systems.
After a month’s worth of data I will post the results.
Right now, based on tips given to me by my friend in Pattaya. I have effectively doubled my money in just a few days.
At this moment my balance is $396.21 at Betfair.com. I have funded $200 so far with the goal of achieving a bank of $1,000 either through winning or funding.
My plan is to bet $10 units, or 1 point using a value betting system.
I am quite serious about not only managing my bank properly so that I can handle losing streaks but I also plan on showing extreme discipline in following the horse racing system.
I am in it for the long-term and I would be thrilled averaging 300 point years.
Here is the goal: 300 point year results in a $3,000 gain in the first year. Nothing to retire on but I will also be increasing my betting point throughout the year as well.
Just to keep it simple, if I am betting $40 units (1 point) in year two and again average a 300 point year my bank will increase to $16,000 ($1000 + $3000 + $12,000).
Assuming the same happens in year three my bank will be $52,000.
Technically it will be higher because I plan on maintaining my betting point at 1% of my bank, adjusted monthly.
Mathematically it is sound but acheiving a 300 point year will require help from the experts, high discipline and proper stake management.
Now, it is off to bed since I am suffering from jetlag.
