Zero Risk Trader Day 50
6th October 2013
Sgt Flavell – Reviews Zero Risk Trader
Hi bettingsystemtruths.com readers,
Seven trades today, one of which returned a profit of 11.88 points, the others broke even.
With experience you learn how to use the information from the program. A trade identified close to the off means that the horse is a steamer, the odds are reducing on betfair but the bookmaker(s) haven’t yet adjusted their odds. The approach is to take the bookmaker odds and watch the betfair odds shorten and the profit increase. Today ‘King of the Picts’ was a classic example of this, I took 20/1 from the bookmaker, layed on betfair at a touch over 15/1 and the horse won at 12/1 SP. These trades give you more time to get your bets on, the trade is only getting better …
I’ve been thinking about whether there is any advantage in modifying the trades so that I get a profit from the trades which at the moment break even so that I get a profit what ever the result of the race. This is tempting because so many of the trades break even which is frustrating when so much time and effort is put into waiting for and making the trade. My gut feeling though is that over time the profit from the two approaches will be the same. The advantage though is that I might consider trading on horses that are clearly not going to feature and so, in the current approach, profit.
| 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 |
| Date | Time | Course | Horse | Betfair lay odds | profit | Profit | comment |
| 16:11 |
carry over bank |
||||||
| 06/10/2013 | 16:20 | Tipperary | King of the Picts | 16 | 11.88 | 27.99 |
*profit and Bank total rounded to the 2nd decimal place.
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Regards,
