Thursday 27 January 2011

Betting bank takes a hit

So lets up date you all on whats happened so far

First week +1.37

Second Week -1.03

Our account took a huge hit over the last few days as dissaponting as it is we must not panic.

So whats gone wrong the first part of our losses quite simply are down to our place selections just not quite cutting the mustard.

The second one was my own judgement I made two bad calls on trading the football.

The only plus through out this is that my laying favourite strategy has been flying consitently making profits and therefore I've been taking more than the orignal 10p a day aim.

Over the last few days it has comfortably pulled 50p+ to lays of 12p infact most days would hit the £1 mark but we still need to play it safe.

So where do we go from here well our bank has seen a % decrease so if we  are to make up those losses we'll need a longer term recovery stratergy.

I'm giving myself 10 days to get back on track and we'll reaccess again once we get there.

We'll continue with the place backing despite the losses we've incurred the profitably days will out weigh the negative ones.

As I mentioned before the laying favs stratergy is flying so we'll continue to use this with the 50p a day target for now.

I have also added football trading strategys to try and top up the bank despite two bad outcomes over time this should be a relatively low risk option that will be profitable.

Below is a break down of our daily profit or loss.

 14 +.33
15 +.07
16 0
17 +.29
18 -1.19
19 +.56
20 +.49
21 -1.15
22 +.19
23 +.07
24 -3.25
25 -1.10
26 +1.98
27 +.55

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