Zero Risk Trader Day 6
23rd August 2013
Sgt Flavell – Reviews Zero Risk Trader
Hi bettingsystemtruths.com readers,
This is my third full day of paper trading.
| Odds up to 7/1 | stake 10 points e/w |
| Odds from 15/2 to 16/1 | stake 6 points e/w |
| Odds from 16/1 to 25/1 | stake 4 points e/w |
| Odds from 25/1 or more | stake 2 point e/w |
Shown below are today’s trades, refer back to earlier posts for the trades made on earlier days.
The profit today was a modest 10.28 points or 0.98% of the carry over bank. Four races were paper traded of which only one resulted in a profit, the others broke even. Interestingly a total of 16.42 points were bet on this profittable trade, resulting in a 10.28 point return or a 62.4% Return on Investment. I invite anybody to argue that this isn’t a superb bet.
Only 16.42 points were used in the trade in total because the staking policy has to take into account that we needed to lay off at 25/1, there were 4 concurrent trades, the bank is only 1000 points and we currently, on paper, have accounts with 8 (traditional) bookmakers as well as the exchange.
Except for writing up this review I probably spent about 30 mins today selecting my trades. I missed most of this evening’s races because of was out (Friday night).
| Date | Time | Course | Horse | Betfair lay odds | profit | Bank total | comment |
| 1049.63 |
carry over bank |
||||||
| 23/08/2013 | 17:40 | Goodwood | Pack Leader | 19.5 | 10.28 | 1059.91 |
*profit and Bank total rounded to the 2nd decimal place
I don’t see any comments against my posts, please ask away, let me know if you want different information included in the daily reviews or if you have any questions.
[Click here to see Zero Risk Trader]
Regards,
