Lay Bet Dominator – Days 31 to 32
23rd October 2012
Hi, Sgt Colin here, with the updated results for Lay Bet Dominator.
The website suggests 3 potential staking plans;
a) fixed liabilities, whereby whatever the odds the liability remains the same on each bet in £ terms.
b) % liabilities, whereby the liability on each bet is a fixed % of the betting bank
c) fixed stakes, where the profit target for each bet remains the same in £ terms. Thus the higher the odds, the higher the liability.
Having made a very poor start, could we continue the recent revival?
Day 31 – 21st October
2 selections – only one qualified (at the maximum odds) – and it won. A bad day.
Day 32 – 22nd October
2 selections, only 1 qualified – coming home in 3rd place.
Staking Plan a) Opening Bank 100, Staked 190 Loss 11.5 Closing bank 88.5 ROI -6.1%
Staking Plan b) Opening Bank 100, Staked 150.9 Loss 14.5 Closing bank 85.5 ROI -9.6%
Staking Plan c) Opening Bank 100, Staked 263.9 Loss 32.1 Closing bank 67.9 ROI -12.2%
So far the fixed profit target approach has been comfortably the least successful, with high staking levels on losing bets. Only a 52.6% hit rate, which at average laying odds of over 2.4 is well short of what is required to be profitable.
[Click here to see Lay Bet Dominator….]
