The Midas Method Day 13
22/08/2012
Sgt Howard reviews The Midas Method
Day 13 – 21/08/2012
- 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
3.25 Perth Spirit Of A Nation W 4.0 P BSP (No Liquidity) BSP W 3.75 BSP P 1.69
5.30 Warwick Basilica W 7.0 P (No Liquidity) BSP W 22.64 BSP P 4.99
7.50 Worcester Dream Risk W 3.50 P 1.62 BSP W 3.08 BSP P 1.56
2.05 Yarmouth Sushi W 8.80 P 3.15 BSP W 5.25 BSP P 2.26
3.05 Yarmouth Ruscello W 3.75 P 1.81 BSP W 4.41 BSP P 2.02
Results
- W=Win Bet P=Place Bet
3.25 W Won P Won
5.30 W Won P Won
7.50 W Won P Won
2.05 W Lost P Won
3.05 W Won P Won
Bank 1: Start Balance: £1000
Today’s P/L: £287.31
Running Balance: £1259.79
Bank 2: Start Balance: £1000
Today’s P/L: £343.28
Running Balance: £1428.24
A huge profit today. It is becoming evident that backing the selections at Betfair SP or at least not taking the available price (unless BOG) at time of finding selections is probably the way forward. I suspected this might be the case which is partly why I made Bank 2 at Betfair SP Prices. The method does not give a lot of advice only to take best available price with either Bookmakers or Betfair and recommends to back 2pts place 1pt win. Therefore it makes sense to continue with both Betting Banks in same way and it will give a good example of two possible ways for any subscriber to bet the selections.
Regards
