The importance of record-keeping.

**WARNING: THIS POST MAY INCLUDE SENTENCES SOME READERS MAY FIND UPSETTING**

You might have to bear with me a little on this one.  What I’m about to type does eventually tie in to betting, you’ll see…

So there I was, playing in a T20 Cup cricket match against local rivals Alderley Edge.  I’m fielding at what, for those of you of a cricketing bent, will know as short extra cover.  Because it’s T20, we’re playing with a hard, lacquered pink ball.

The batsman wellies it.  In a heroic attempt at a stop, I throw myself full length to my right and manage to get a hand to the ball.  Dumb.  As I stand up, I see blood; quite a lot of it, coming from my hand.

Well that’s not going to stop me (although it did, shortly), I’m thinking.  Calling for a tissue or something to put around my hand, I wipe the red stuff away and bowl the next over.  Got to admit, it is bleeding quite a lot.  At the end of the over, a teammate and Paramedic comes over to have a look, tells me I’m a “wally” (insert stronger word) and that I need to go to hospital.

So I do.  Nurse looks at it, cleans it out, and tells me I may need surgery!  As it turns out I don’t, stitches will do the trick.  No anaesthetic because of where the cut is, and all they could offer was gas and air.  No chance of that, I’m not bloody pregnant!

Anyway, grit the old teeth as she’s sewing my hand up, and rewarded when she tells me I’m a model patient (which appeals to my ego as she’s quite attractive)!  Ego melts into embarrassment when near the end of the stitching I nearly faint and have to lie down on the examination couch for five minutes.  The attractive Nurse looks disappointed…not the model patient after all, just another wimp.

So what has this all got to do with betting?  Well, nothing in a direct sense, but in an indirect sense, it’s had a real knock on effect.

Since the injury I’ve been able to type, albeit with some discomfort, but I’ve not been able to write.  The cut is exactly where the pen rests and with the hand bandaged up anyway, I can’t even hold the pen, never mind use it.

Trouble is, I STILL (and this is where some readers may get upset -I did warn you at the top!) write down all of my results.  Each and every one of them.  It’s how I keep my records.

There, I’ve said it.  Yep, that’s right.  I still use a pen and paper to record my betting results.

I know, I know.  You think less of me, but this is my ‘coming out’ moment.  I need understanding and patience.  I need support.  (Actually, I think I need my head examined, but there we go).

After the initial feelings of guilt I had about this sensitive issue, I’ve reached a point where I thought, ‘Sod it’.  You know what – writing down my results works for me.  So I’m going to ask you a question now.  What do you use to record YOUR betting results?  You do record them, don’t you?

DON’T YOU???

Please tell me you do.  I really don’t care if you use the most amazing spreadsheet, pen and paper, or papyrus and the blood of a snake…you must record your results.  It’s imperative, and I still talk to a lot of people who don’t (hence this post).

And I’ll leave you with this thought…  I’ve not been able to record my results for a week, not efficiently anyway.  A week, and already I’m feeling out of control and out of my comfort zone because I don’t know where I am.  I’ve an idea obviously, but not knowing specifically is something I really don’t like.  The reason I don’t like it is because I know how important it is to know exactly where you stand, all the time.

Right – stitches out today and records brought up to date tomorrow, I hope.

May Review

May was a funny old month.  Bank growth of 6.64% and an ROI of 12.4% means it was a good month, and yet five of the nine services to offer bets ended with a loss; four of those five endured what can only be described as a pretty torrid time of it.

So the feel as I was going through May day by day was that things were a struggle, that losses were steadily mounting up, and yet we end with a double digit ROI!  Of course this is all thanks to the MVS (Lite) service and the derivative Fake Mug Bets Club.  That one day when the stars aligned and we had multiple winners from FMBC, all put in multiple bets as well as singles, meant the pay day was huge and the pay month decent!

What I want to see now are the other services, that have underperformed, start to deliver some consistent returns.  The weather has been set fair for a few weeks now, the flat season is no longer in it’s infancy and the form has settle down – these are ideal conditions for horse racing tipsters to be profiteering.  It’s no good making allowances for poor performance in November and March when the weather is unsettled, going conditions unpredictable, and question marks hang over the fitness of the horses, if when conditions are right we don’t have higher expectations.

So, we know that the Fake Mug Bets Club really produced the goods in May, and by default then we can expect MVS (Lite) to have a pretty decent month too, and so it did.  I remember last summer was a real purple patch for MVS (Lite) – let’s hope this is the start of another golden period (a goldurple patch perhaps, or a purpleden period)!

As for the negatives, well it really has been a month to forget for Racing Service C which found winners very hard to locate.  Jason James struggled too and Racing Service B will be glad to see the back of it too.

Onwards and upwards, Chaps!

AH Betting: Staked 32pts, -5.15pts, ROI -16.12%, ROC -8.59%.

Fake Mug Bets Club: Staked 156pts, +315.714pts, ROI 202.38%, ROC 78.92%.

Football Service 1: Staked 8pts, +3.711pts, ROI 46.38%, ROC 7.42%.

Jason James: Staked 141.5pts, -27.38pts, ROI -19.34%, ROC -13.69%.

MVS (Lite): Staked 71pts, +32.583pts, ROI 45.89%, ROC 36.2%.

Northern Monkey: Staked 70.875pts, -4.217pts, ROI -5.95%, ROC -5.27%.

Pilelist Racing: Staked 69.483pts, +3.2pts, ROI 4.6%, ROC 4.26%.

Racing Service A: n/a

Racing Service B: Staked 113.25pts, -28.25pts, ROI -24.94%, ROC -11.62%.

Racing Service C: Staked 48pts, -20.512pts, ROI -42.73%, ROC -20.51%.

Total: ROI 12.4%, ROC 6.64%.

Get it in your ears.

irst of all, if this is your first visit to the Bet Diary after reading the 2017/18 Report, welcome on board.  Good to see you. 🙂

You know even old fuddy duddies like me can get into ‘new’ technology.  It was only last week that I resolved never to buy a cd again after I discovered the Deezer app and realised that for a small monthly fee I could download and play any music I wanted to at any time.  I could listen in the car, at home connected to the ‘stereo’ (doesn’t that sound an old-fashioned word now?) via WiFi, wherever.  It’s transformed my musical life, and I do like a new album.

And I know this isn’t really anything new as they’ve been going for some years now, but I’ve started getting into Podcasts in a big way.  Getting a hairy beast (the dog, not the wife) has pushed me in this direction; take the dog for a long walk every day, stick my earphones in and listen to the ‘Cricket Analyst’ podcast or any one of a number of Arsenal related pods.  It’s all good.

And then Wayne of Northern Monkey released a short podcast in which he looked at this year’s Derby and it got me thinking.  Why don’t more tipsters exploit this medium?  I think it would be a great way for a tipster to engage with their customer-base.  They could do as Wayne did and concentrate on giving their views on certain big races, or if say, Racing Service B did a pre-Cheltenham podcast I’d regard it as essential listening.

I know our very own Pete here at the SBC has done a number of podcasts, but really the betting world as a whole seems sadly lacking in this area.  If anyone knows of any that are worth listening to, stick it in the Comments section – it would be good to find them.  In the meantime, one for tipsters to ponder perhaps.

Betting Performance

After the recent Fake Mug Bets fireworks, all has been a little more sedate across this past week, with nothing of real note happening.  Here are the figures for the month to date:

AH Betting: Staked 32pts, -3.15pts.

Football Service 1: Staked 8pts, +3.711pts.

Jason James: Staked 136.5pts, -30.38pts.

MVS (Lite): Staked 67pts, +31.083pts.

Fake Mug Bets: Staked 151pts, +315.21pts.

Northern Monkey: Staked 69.37pts, -3.99pts.

Pilelist Racing: Staked 59.15pts, +7.98pts.

Racing Service A: n/a

Racing Service B: Staked 104.25pts, -33.25pts.

Racing Service C: Staked 48pts, -20.512pts.

Bet Diary Profit Report (17/18)

Rowan’s 2017/18 Bet Diary Profit Report has just been published and is now available for immediately download.

Inside this FREE report, you can read all about Rowan’s tipster portfolio and exactly how much he has made following 10 tipsters over the past 12 months.

The good news is that it’s been another profitable year for him….Providing yet more evidence (were it needed) that money can be made with the right tipster portfolio.

Click the link below now to read his latest report on the profits he is making.

   DOWNLOAD ROWAN’S BET DIARY REPORT PDF   

 

Bet Diary 2017 Cover

How To Copy Or Even Improve On Rowan’s Profits

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See you on the inside.

Peter Ling
SBC Editor

Getting the rewards for practicing what we preach.

I was going to write about how ironic it is that the bookmakers are in the process of having the stakes they can accept on their FOBTs capped at £2 by the UK Gambling Commission, but then Monday happened.

Monday, the 21st of May.

It will go down in my personal betting annals as a true red letter day.  A day when the MVS (Lite) service came into it’s own, particularly the strategy of placing multiple selections as multiple bets.

If you’ve read my latest annual report, you will have seen me preaching the virtues of patience with this method of betting.  Of course we know that patience is a virtue when we’re betting full stop, but the importance of exercising it when following a low strike rate service is huge.

It is so easy to preach, more difficult to practice.  And so I thought I’d let you know (those of you who aren’t members of the SBC’s Fake Mug Bets Club of just how patience can be generously rewarded.)

I place my multiple bets at SP – I simply don’t have the time to go shopping around for the ‘collective’ best prices on offer to put in a multiple bet.  I stick the MVS (Lite) selections on as singles, and then as doubles, patents, yankees, whatever, depending on the number of bets there are.

On Monday, there were four.  The SPs of each were 11/4, 5/2, 5/2 and 10/11 (after a number of non-runners).  They all won!  Yep, you read that correctly…  They. All. Won.

A huge return, well over 50% of the betting bank allocated to the multiple bets.  After months of waiting for a big one, it arrived in some style.  After months of exercising patience, I was rewarded.  It’s so nice to be able to demonstrate, instead of just preach, the value patience has when it comes to following tipsters. 🙂

Figures for May to date:

ROI: 19.05%.  ROC: 7.63%.

AH Betting: Staked 26pts, -4.57pts.

Football Service 1: Staked 8pts, +3.711pts.

Jason James: Staked 110pts, -27.38pts.

MVS (Lite): Staked 56pts, +25.583pts.

Fake Mug Bets Club: Staked 134pts, +315.71pts.

Northern Monkey: Staked 52.375pts, -0.777pts.

Pilelist Racing: Staked 46pts, +1.208pts.

Racing Service B: Staked 73pts, -8pts.

Racing Service C: Staked 33pts, -16.325pts.

They’re far from perfect, but…

Don’t get me wrong, I really don’t like the way UK bookies go about their business.  A refusal to stand anything approaching a reasonably sized bet should their customer show just the slightest inkling that they might not be a complete mug punter, and the ridiculously quick imposition of restrictions on accounts closely followed by full closure, is a far from admirable business practice.  And that’s all before we even start to consider such grey areas as misleading advertising.  But, as far as I’m aware, incidents of behaviour that may be considered as being outright fraudulent are thankfully rare.

From afar, by comparison the Asian betting scene can be seen as being a little “murky”.  Stories of huge betting syndicates putting down large amounts of money and fixed matches are relatively commonplace.  Unsurprisingly, the Asian bookmakers are wary.  The likes of Pinnacle and SBOBet, in my experience, run their businesses remarkably efficiently, allowing large bets to be placed without negative consequences for account health and running to a much smaller overround compared to their European counterparts.  Sure, offered prices tend to be more volatile as they react quickly to weight of money, but there’s nothing wrong with that!

It was with concern however that I heard allegations recently of unfair practices executed by the firm Singbet.  Singbet are an Asian firm that can be accessed via a number of betting brokerages by customers living in countries that allow patronage.  It is alleged that bets have simply been voided with no fair warning, costing the bettor the proceeds from winning bets placed in good faith.

Just be careful. My advice would be to stick to the firms that, over the years, have established a reputation for sound business practice.  My own experience of Singbet (admittedly from a few years back) is that they don’t need too much to decide that money they see come in on minor league football matches is “dodgy”, and they therefore subsequently void the bet (which, I would guess, they are entitled to do in accordance with their terms of business).  They often leave themselves open to smart money by dint of the fact that they are relatively slow in slashing their odds when money does come in for certain teams. Singbet lag behind many of the other main Asian firms in this respect who change odds very quickly indeed.  This opens them up to a far higher level of risk exposure, vulnerable as this makes them to shrewd and knowledgeable value hunters.

Portfolio Performance

Oh, dear.  Things are as miserable as the current spring weather at present.  Only four of the ten services are showing a profit through this month to date, and losing days are far outnumbering the winning days.  The only highlight last week came from Jason James who picked out a ripsnorter of a bet when Rejahh came in at 33/1 at Cheltenham.

AH Edge: Staked 26pts, -4.564pts.

Football Service 1: Staked 9pts, -3.693pts.

Jason James: Staked 37.5pts, +17.687pts.

MVS (Lite): Staked 14pts, +2.75pts.

MVS (Multiples): Staked 17pts, +3.35pts.

Northern Monkey: Staked 31.5pts, -7.256pts.

Pilelist Racing: Staked 22.033pts, +3.668pts.

Racing Service A: Staked 10pts, +3pts.

Racing Service B: Staked 61pts, -37pts.

Racing Service C: Staked 37pts, -9.05pts.

Two common questions.

There are two questions that I  am perennially asked when Spring comes around.  The improved weather (ha!) makes people think about holidays, and that in turn makes bettors wonder what they should do in terms of following their tipsters whilst away on their jollies.  The second question comes from folk following football tipsters – should I back the bets as normal, even though at this stage of the season some teams I’m backing have nothing to play for?

In short, my answers to each are:

  1. Take a break for heaven’s sake, when you’re away.  Forget completely about betting, logging in to get the tips, getting the odds and all the other hassles involved.  You need a break – take it!  A week or two’s betting really is nothing in the greater, long term context – and it will stop your wife/partner/kids being irritated with you at a time when you’re supposed to be enjoying each other’s company.  Oh, and one other thing – don’t go checking results when you get home.  If you’ve missed a few good winners it will make you feel depressed, and what can you do about it anyway? Nothing, that’s what.
  2. Back whatever your tipster tells you to back!  Don’t go complicating things.  Just carry on as normal.  Over the years, I’ve noticed that some years results at the back end of the season are good, in other years not so good.  A bit like the beginning of the season, or the middle part of the season, or any other part of the season you can think of!  If you pay to follow a good tipster, then follow him.  As soon as you start getting too selective, you’re at risk of entering a whole world of pain.  What’s the most likely thing you’ll do if you ignore a tip at odds of say 3/1 or more on the footie, which proves to be a winner you’ve missed because you didn’t think the team you were supposed to back were going to be up for it?  I’ll tell you, shall I?  You’ll decide you were daft and back the next big-priced tip that your man gives you the following week…and of course Sod’s Law will dictate that with your money down, the bet will lose.  Far, far easier to just carry on backing each and every selection in the way you normally do. Take it from one who has made all the mistakes and felt all the pain!

Betting for April to date:

Poor figures so far, but we need to bear in mind that I missed nine days of betting due to the lurgy!

AH Edge: Staked 10pts, -0.58pts.

Football Service 1: Staked 1pt, -1pt.

Jason James: Staked 16.5pts, -10pts.

MVS (Lite): Staked 5pts, -1.5pts.

MVS (Multiples): Staked 5pts, -1.5pts.

Northern Monkey: Staked 17.5pts, -1.162pts.

Pilelist Racing: Staked 7.833pts, +5.841pts.

Racing Service A: Staked 10pts, +3pts.

Racing Service B: Staked 33.5pts, -20.5pts.

Racing Service C: Staked 21pts, -3.75pts.

Total: ROI -12.05%, ROC -1.42%.

March Review

OK, so as promised, a quick round-up of March’s betting.

All I can say when I look at the figures is thank goodness that Cheltenham week produced the goods, because what happened both before and since was, and has been, distinctly underwhelming.  March is always dictated to a large extent by what happens over the four days at Prestbury Park, and this year was no different, with the Festival dragging the month into profit.

It was a great month for Racing Service C who enjoyed a number of big priced winners at Cheltenham and it would be nice to see it kick on now the Flat season is getting underway in earnest.  It was good to see Northern Monkey put it in again after what had been a shocking February.

Not such a good month for the Football Service 1, but it wasn’t alone in finding March a struggle, as you can see from the figures below…

AH Edge: Staked 46pts, +0.13pts, ROI 0.29%, ROC 0.22%.

Football Service 1: Staked 19pts, -10.24pts, ROI -53.9%, ROC -20.98%.

Jason James: Staked 82pts, -9.37pts, ROI -11.42%, ROC -4.68%.

MVS (Lite): Staked 46pts, +2pts, ROI 4.34%, ROC 2.22%.

MVS (Multiples): Staked 96pts, -30.72pts, ROI -30.72%, ROC -7.37%.

Northern Monkey: Staked 51.375pts, +20.125pts, ROI 39.17%, ROC 25.15%.

Pilelist Racing: Staked 16.833pts, -7.61pts, ROI -45.19%, ROC -10.14%.

Racing Service A: Staked 34pts, -6.88pts, ROI -19.92%, ROC -11.45%.

Racing Service B: Staked 64pts, +13.68pts, ROI 21.36%, ROC 6.83%.

Racing Service C: Staked 41pts, +32.61pts, ROI 79.54%, ROC 32.61%.

Total for March: ROI 2.36%, ROC 1.84%.

Hit for six.

I wish I was talking about a tipster who was picking winners galore and metaphorically smashing the ball out of the ground.  But I’m not.  Oh, no.  I’m talking about how some sort of horrible virus or other hit me right out of the ground!

I don’t do sick.  Seriously, I don’t agree with it.  Nasty, horrible things, viruses.  They have no place here and as such I try to have absolutely nothing to do with them.  Nope – much better to avoid them and pretend they don’t exist, and largely, this approach works.

But not this time!  About a week after Cheltenham I started feeling not so good, and then Bang!  The next thing I know I can hardly move; stuck in bed, aching like I’ve never ached before, not even able to do the most important thing in all life (watch the Arsenal), never mind do any of the more mundane things like eat or drink.  Even the Missus had to admit this wasn’t a bad cold, or even man-flu!

Anyway, enough of my troubles.  Suffice to say that my betting took a bit of a pause, as obviously, did updating this blog!  For which I can only apologise and tell you that I’m now in the process of updating the figures for when I was betting, and bringing everything right back to speed again.

So here’s the plan.  Tomorrow, I’ll provide you with a March review, and then over the weekend I’ll post up an update that includes what there has been of April’s betting.

Right now it’s time to grab something to eat, a beer, and to settle down to watch the Arsenal.  I guess you can tell I’m feeling better. 🙂

Cheltenham Day 4 – What a week it’s been!

This has, without doubt, been the most profitable Cheltenham Festival I’ve had.  Each day has coughed up a big priced winner.  When the sport is as good as it is, and you’re making money whilst you’re watching it all, you have to ask if it can get any better.  My feeling is that no, it can’t.

Before I go through the last day, I want to answer a query I’ve had re. the figures.  It was pointed out to me that for Day 3, my ROI for the day was 30%+, but if you added up the points totals for each service it came to a negative number.  The explanation is that not each service carries the same £/point value.  So for example, 1 point of Racing Service A money is three times greater than 1 point of Jason James money.  I hope that clears up any questions folk might have.

And so Day 4.

What a start to the day!  Racing Service A told his members right at the start of the week that the first two days of the Festival didn’t have the shape for producing lots of really good, strong tips, but that Days 3 and 4 did.  How prophetic that turned out to be.  Blanks on Days 1 and 2, big profit on Days 3 and 4.  The 1.30 yesterday saw us have two big antepost bets – one on the hot favourite, Apples Shakira, which had been advised back in November prior to the horse even racing in the UK at 16/1 (went off at 6/5), and the other on eventual winner Farclas at 20s!  Oh, yes!

Things calmed down a little after that with the next five races all ending up providing a loss, despite Racing Service B finding the winner of the Gold Cup, Native River, at 5/1, but there was to be one last hurrah.

The final race of the Festival, a wide open, 22-runner handicap with all the challenges that such a race presents to a tipster in terms of finding the winner, proved to be no problem at all for Racing Service Cwhich ran with two selections for the race.  Three Sisters at 18/1 ran superbly well to finish 5th and therefore pick up a return via enhanced place terms at the bookies, but not as well as 16/1 winner Le Prezien.  Fine tipping, which was backed up by a healthy place return for Racing Service A pick Top Gamble (16/1) which finished third.  A memorable end to a memorable week.

I hope you’ve enjoyed these daily updates.  Thanks for reading, and thanks too for the efforts of all the tipsters I’ve followed for their hard work and diligence.  I imagine they all find Cheltenham intense and mentally draining, so it’s great to see them rewarded by winners and profits.  Well done, Chaps! 🙂

Figures for Day 4:

Jason James: Staked 3pts, -3pts.

Northern Monkey: Staked 6.5pts, -4.425pts.

Racing Service A: Staked 6.5pts, +6.5pts.

Racing Service B: Staked 3.75pts, +4.5pts.

Racing Service C: Staked 6pts, +10.25pts.

ROI: 57.52%.

Figures for the Festival:

Jason James: Staked 18pts, -4.4pts.

Northern Monkey: Staked 18.75pts, +14.214pts.

Racing Service A: Staked 21pts, +6.625pts.

Racing Service B: Staked 20.75pts, +10.25pts.

Racing Service C: Staked 26pts, +33.675pts.

ROI: 63.53%.