Aug 2024 £3000 - ? Bank Challenge

Richard Latimer

@darri said in The £59.91 - Betfair Premium Charge Challenge:

@richard-latimer fair enough bud yep for me as someone reading this blog its just good to see what that person is doing in a short snippet, so how many trades, strike rate and p/l. Your sheets are great for data but hard to read from an outsider, maybe a summary page with just those columns? Liking the lcs option you are doing tho mate keep it up, hopefully a turning point for you bank wise and get away from min staking. Considering the amount you are doing id perhaps encourage you to be mindful of laying ti win x amount and perhaps back the overs instead with a set amount. This would stop your need for maria staking and avoid 13 point losses which is mentally scaring for most traders

I'll add the average over 0.5 odds to my base criteria. That will be easier. I know there are runs of +30 wins in there so yes 13pts is hard but it was literally only the 2nd time it would have happened since mid Dec.

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@richard-latimer fair enough bud yep for me as someone reading this blog its just good to see what that person is doing in a short snippet, so how many trades, strike rate and p/l. Your sheets are great for data but hard to read from an outsider, maybe a summary page with just those columns? Liking the lcs option you are doing tho mate keep it up, hopefully a turning point for you bank wise and get away from min staking. Considering the amount you are doing id perhaps encourage you to be mindful of laying ti win x amount and perhaps back the overs instead with a set amount. This would stop your need for maria staking and avoid 13 point losses which is mentally scaring for most traders

Richard Latimer

@darri said in The £59.91 - Betfair Premium Charge Challenge:

@richard-latimer no worries mate just a suggestion cause im sure we are away to see alot of posts and not see how its actually going if you get me, at those odds will look like you are raking it in but couple losses like that and doesnt look so good if people followed, if you are posting them would have been decent to track. Or at least just share your sheets you already have? Im sure you are monitoring the new strategy from start right?

I'm monitoring everything for sure. I started with a 13 point loss so I know what you mean haha!

I will post the odds taken from now but I'm avoiding anything other than ave book odds on my sheet. It's still easy to track. If you look at the odds and add a 20% mark up you won't go far wrong and sometimes it will be way better.

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@richard-latimer no worries mate just a suggestion cause im sure we are away to see alot of posts and not see how its actually going if you get me, at those odds will look like you are raking it in but couple losses like that and doesnt look so good if people followed, if you are posting them would have been decent to track. Or at least just share your sheets you already have? Im sure you are monitoring the new strategy from start right?

Wait think iv clocked them on the sheets, they are just spread between home and away sheets you have them split up?

Richard Latimer

To give you an idea Balestier was 1.08 ave book price.

All of these are recorded so anyone looking at the sheet can check the averages.

Richard Latimer

Balestier this morning was 11.00. Guangzhou I got @4.4.

Richard Latimer

@darri said in The £59.91 - Betfair Premium Charge Challenge:

@richard-latimer do you have a spreadsheet for these so we can see what type of odds and scores you are looking at might be helpful for other traders to see, this type of strategy and odds are gonna have a high strike rate so will look like you are doing well but actually you need to be really high strike rate to work, iv seen you have a good strike rate 90 so be good to see the transparency of that. Like you did before on sheets, odds, w/l, p/l all would be handy and since all you are doing is lcs easy to setup.

I really can't run anymore spreadsheets at the moment but I will start putting my odds taken. Some have been quite high but I'm doing a Maria staking thing as I have in the past. I'll never go past 11.00 but these have a VERY high strike rate so far as I've checked. Something like 50 or 60 without loss when over 0.5 book odds fall under 1.10.

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@richard-latimer do you have a spreadsheet for these so we can see what type of odds and scores you are looking at might be helpful for other traders to see, this type of strategy and odds are gonna have a high strike rate so will look like you are doing well but actually you need to be really high strike rate to work, iv seen you have a good strike rate 90 so be good to see the transparency of that. Like you did before on sheets, odds, w/l, p/l all would be handy and since all you are doing is lcs easy to setup.

Richard Latimer

2/2 so far

Richard Latimer

@richard-latimer said in The £59.91 - Betfair Premium Charge Challenge:

LCS Balestier Khalsa

1-0

Richard Latimer

LCS Guangzhou

Richard Latimer

LCS Balestier Khalsa

Richard Latimer

Copenhagen shouldn't be there. Way too early.

Richard Latimer

Off to bed in a min but before I do.....

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@richard-latimer said in The £59.91 - Betfair Premium Charge Challenge:

@john-folan said in The £59.91 - Betfair Premium Charge Challenge:

You must be making a bit of money now. Your LCS seems to be doing well

I'm confident I will be soon but it's early days since putting the other project to the back burner. Also working on an over 1.5 in the background as I want to be able to just do that when days get busy. Important to have a life and stuff haha!

Plus if I enter these around 60 mins say I lose almost half my selections so lower odds against less trades. All fine but what I'm hoping long term is I can make up for the lost trades with over 1.5 trades also entered late.

Lower strike rate, lower odds, hopefully same(ish) number of trades.

remember quality over quantity, dont be worrying about x amount of trades, actaully i did that myself last month and ended up with 2 bad trades that shortened the p/l, you do that 1-2 times a month and its adds up over the year, these lcs are looking good, they seem way more straight forward than the other project and something that can be consistent. I like this alot more

Richard Latimer

@richard-latimer said in The £59.91 - Betfair Premium Charge Challenge:

Only one of three evening games ripe for a trade. This will just get me back level for the day. Not a bad place to be and there's always tomorrow.

LCS Al Ahly. Currently 1-0 @ HT.

Good. Finished with a win so pretty much break even today.

11/12 since the debacle on Monday.

Richard Latimer

Only one of three evening games ripe for a trade. This will just get me back level for the day. Not a bad place to be and there's always tomorrow.

LCS Al Ahly. Currently 1-0 @ HT.

Richard Latimer

About break even today so hopefully make a little tonight.

Richard Latimer

2/2 there

Richard Latimer

LCS Tallinna Kalev. Currently 0-0 @ HT.