The Midas Method Day 46
31/10/2012
Sgt Howard reviews The Midas Method
Day 46 – 29/10/2012.
- Prices are shown in decimals
- W=Win Price P=Place Price (for Bank 1)
- BSP W= Betfair Starting Price for the Win Market (for Bank 2)
- BSP P= Betfair Starting Price for the Place Market (for Bank 2)
- Betfair Commission will be calculated at 5%
- 1pt will equal £10 for the review duration.
Bets
3.00 Bangor Bubbly Bruce W 5.50 P SP (no liquidity) BSP W 6.44 BSP P 2.90
3.00 Bangor Incentivise W 6.50 P 2.84 BSP W 6.26 BSP P 3.18
12.50 Leicester Sojoum W 11.0 P SP (no liquidity) BSP W 8.67 BSP P 3.16
2.50 Leicester Ted’s Brother W 9.20 P SP (no liquidity) BSP W 9.20 BSP P 2.62
1.10 Redcar Troy Boy W 8.40 P 2.86 BSP W 6.29 BSP P 2.82
1.40 Redcar Disclaimer W 1.87 P 1.12 BSP W 1.97 BSP P 1.09
Results
- W=Win Bet P=Place Bet
3.00 W Lost P Lost
3.00 W Won P Won
12.50 W Lost P Won
2.50 W Lost P Lost
1.10 W Lost P Lost
1.40 W Won P Won
Bank 1: Start Balance: £1000
Today’s P/L: £41.54
Running Balance: £1200.32
Bank 2: Start Balance: £1000
Today’s P/L: £31.26
Running Balance: £1503.78
A reasonable profit today. As indicated on day 13 method two (Bank 2) continues to be by far the most profitable method. The level stakes bank at Betfair SP now back up to 50% profit. I’m glad I chose to use this contrast against the advised staking of Bank 1 (2pts place 1pt win). For 50% less stakes on every bet it is easily out performing Bank 1.
Regards
