Sunday, 3 January 2010

Monday Selections

With the start of the New Year I thought it would be interesting to start a new idea that I've spent the last couple of months studying. As with any new project there are no guarantees, although the back-testing looks promising.
What we are attempting to do is build up a small bank in a controlled manner with as little risk as possible, and to that end we will be staking in both the Win and Place markets on Betfair in the proportion of 1:4 – 1pt Win and 4pts Place on each selection.
The idea is to pick those horses that have a strong chance of placing and (at least) a reasonable chance of winning. Although individual risk management is up to the individual, I would be ultra-cautious and allow a bank of 200 points. Thus a £200 bank would mean a stake of £1 Win and £4 Place on each selection. We would also consider stopping betting after a reasonable profit has been made for the day. This and levels of staking are up to the individual and we are not responsible if things go belly-up.
There is one final rule, and that is only bet when you can get at least 1.40 on the selection in the Place market. That's it.
For today only the A/W at Wolverhampton has survived and we have three going for us:
16:35 Wolverhampton – Turn To Dreams
17:05 Wolverhampton – Itsthursdayalready
17:35 Wolverhampton – Join Up

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