1-1-2010 Big start to the new year

$149.80 winnings today giving me a balance of 1638.30.
Both win/fav and place/fav systems used today as well as increased staking has resulted in my 3rd best day ever. Next week when I withdraw $1000 for the car repairs instead of having a bank of about $500 to start again with I will hopefully have $600 or more which gives me just a hint more of a lift.

 On top of that I checked my records and I have now had 1 losing day in the last 45 days of betting.

Happy New Year....last little burst

Happy New Year to Everyone.
A few bets here and there over the last few days, nearly got to $1500 by the end of the year but didnt really try that hard. Will be starting again in the new year with a $500 balance.

Cheers
Mike

Time to withdraw some winnings

I was mulling over the idea of simply letting the balance build and then as appropriate increase my staking but I have decided that now is a good time to withdraw some of the winnings and use them to some panel and paint work on my car which needs some TLC. The car goes in for repair next week and the estimate is for about $1200 so thanks to the TAB for covering this. I will start again with a balance of $500 in the new year  and start again.

Thats it for 2009

112 days of betting graph. I started using the place/fav system from day 49 almost exclusively. Just recently I have used the win/fav system a couple of times and next year I plan to try and use that a little more and combine its use with the place/fav system. Ive had a pretty lucky run and most of my loss days have been where I have made mistakes or lacked discipline with respect with sticking to my system. I do expect to be tripped up by the odd true loss day but Im pretty comfortable now that what im doing actually works. The down side is that the place system is quite limited to how much I can make due to the aggressive staking plan and its impact on dividends if I try and go bigger, not to mention the risk factor. The next trick is to try and work out how to automate this within the restrictions of the NZ TAB website. The other trick is to make sure im having fun with it and its not a chore.

Hope everyone has a great New Year and thanks for all the advice.
Cheers
Mike

Balance at $1459.40

Balance on the face of it looks good but it should have been a whole lot better. I didnt follow my own system rules and ended up losing $96 because of it. Luckily however there was a decent days betting and I made a total profit of $12.50 after the loss. I should be looking at a balance of nearly $1550.00.  So a long day in front of the computer and tv and a lot of bets gives me $12.50 when if not for a lack of discipline on my part it could have been a $110.00 day.
Basically I got spooked on a meetings betting and when i got to the 4th bet, the $70 bet, the tote was telling me that it was $1 for the place and $1.60 for the win. I know the tote changes 30 seconds after the race starts and I know from experience that they usually give me a safe return dividend of maybe $1.40 at worst but for some silly reason I went for a $70 win bet and the horse came second... and paid $1.40 for the place....
Anyway, Im off for work for 2 days photographing a couple of cafe's etc on an island called Waiheke here in Aucklands waterways. I had hoped to sneak my way to $1500 by the years end but that wont happen. Still happy to sit with the balance I have.

Boxing Day $40.30

Balance $1446.90 

24-12 $27.70

$27.70 Balance to $1406.60

23/12 $17.90

Balance to $1378.90

My Trading Setup.....

22/12 $17.00

Balance at $1361.50

21/12 $11.80

Balance $1344.50

Automated Betting?

Has anyone had any experience with automated betting? I think there are tools called bots that can be programmed to bet for you? Do these things actually exist?

20/12 $9.00

19/12 $16.50

Total balance up to $1323.70

17/12 $8.20

Just a few more today, not much time to bet with work etc taking up my time.  Total up to  $1307.20

16/12 $15.10 profit

not much betting action, its that time of year, quick little burst tonight. Overall balance is $1299.00
Edited from original posting, and extra $11 picked up from 2 bets in Hong Kong

100 days betting graph

13/12 $60.50 Profit

I think this now means I have recovered everything from the big loss I had last week. On top of that I have just spotted on my records that today was my 100th day of actual betting days.

12/12 $5.20 profit

Another quiet one, total balance is at $1223.20

10/12 $7.80 profit

Just a few bets tonight, probably be light betting from here till xmas.
Total balance $1218.20

8/12 $68.70 profit

Bizarre win with my last race. Greyhounds, win dividend was $1.20 and the place dividend was $2.10, luckily for me I was on the place bet.

7/12 $28.60 profit

5/12 another tough day

Currently down about $20 due to very low dividends on some results.  A little bit of time to go and i am poised to end up with small profit, fingers crossed. 2 tough days in a row is hard work, its all been gallops so far today and usually the dividends are higher but I have to admit to enjoying the harness racing more despite the usually lower dividends and profits from place results.

Update, back to a $31.20 profit, balance up to $1113.10

The fact I got a profit hides how many bets and how hard this $31.20 was to get. This isnt a way to earn an income if anyone is wondering. Now i just have another 23 winning days in a row to make to break my previous record...

4/12 Ouch big loss

Well at some point it had to happen. With the dangerous staking plan any loss day i have is possibly going to be a big one. Im still going with a few more races left tonight but currently I have a $290 loss. I was actually $40 up on the night.  The frustrating part is that its not so much a case of my system/rules breaking down but more a case of external influences screwing me over. Unexpected visitors at just the wrong time interrupting sequences.
  But thats all part of it and I have had a great run and I have had bad loss days in the past so i will get over this.  So my balance has slipped just under $1000, we will see where it ends up by the time all tonights betting is over.

Update, end of betting I recovered some and the loss for the night came to $159.80. The recovery came via the win/fav system with a $64 bet at $4.20 grabbing back a decent chunk.  Still a frustrating evening, I dont think it would bother me if it were a case of the system failing me. I had a great run of 23 days in a row but my first loss day is basically down to external influences interrupting my sequence. I had hoped to get to $1500 by xmas but I dont think that will happen now, still you never know...

So my total balance sits at $1080.90

2/12 $24.90 profit

23 days in a row of winning.

1st Dec $4.10

A funny one tonight, lots of little bets but only $4.10 profit. Similar number of bets last night for over $100. Sometimes the dividends and results all line up nicely, sometimes they dont.