Aiming for my financial freedom using the horse markets

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Hi. This is my journey from a small trader to someone that can support myself on gambling, which is a life I love. I'm will try to be clear and open with what and how I'm doing. It all started back in 2016 when I lost my business. Since then I have dedicated my time 24/7 to this. Of course, I lost money in the beginning - like for two years. More in the beginning and less towards the end. Since last summer I have gone the other way, making instead of losing.

The trick for me was to get in control of my mind, I was too impatient, not structured enough, bad at handling losses and took one chance too many time and again. I'm much better now, and I have a steady plan for moving forward. This thread will help to keep me on track. So here we go...

My Goal
Get my bank up to a level so that I can take money out every month without decreasing it.

Starting point
25/08/2018 - My bank started at £250
I was not a member back then, but it was still a part of this journey so I'm going to include it. I will note down the progress beneath.

Current standing
24/01/2019 - After five months my bank is now £892. This is an increase of 357% or 28.9% monthly.
My plan was to be at £1,121 so currently behind with -26.3%.

Planned route
I have a goal to increase my bank with 35% each month.
I'm not going to worry about each individual race, or day, or even week. I found myself doing worse by focusing on short time results.

Type Of Trades
I do DOBs, outright Wins, I lay the favourite and I do pre-trades a few minutes before the off.

Tools Of The Trade
I used Bet Angel for two years, but not any more. I found it is ok to trade straight into the program, and I want to learn to do without them and avoid the premium charge whenever I get that far.
For data, I'm using GeeGeez paid gold subscription, Patterform and Timeform free version. Whenever I have a need of big data chunks, I have used a freelancer in Vietnam, which I found on Freelancer.com, to scrape and wash. I used him twice so far.

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I'm currently working hard to finishing my private tool for scraping stats off the internet. I will resume my trading in a few days.

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21 Feb

Sedgefield 14:05 - Ettila De Sivola
Sedgefield 14:40 - Lucky Robin
Huntingdon 15:25 - Thounder
Sedgefield 16:25 - Jokers And Rogues
Above horses 4pt on DOB and 2 pt on WIN, all on BSP if over 2.99.

Huntingdon 14:50 - Hes No Troubble
DOB on this horse with 4pt on BSP if over 2.99.

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20 Feb

Doncaster 15:25 - Court Liability
Doncaster 17:00 - Now Look At Me
Both with a DOB of 4pt and a WIN of 2pt if BSP is over 2.99.

Result

Court Liability - Oh boy! three-legged horse.
Now Look At Me - Won, but had a BSP of 2.6 so I green out early for a profit of £6.5.

Total: £-53.5

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15 Feb

Fakenham 13:40 - Generous Jack
Sandown 14:25 - Queenohearts
Sandown 15:00 - Rathlin Rose
All with a DOB of 4pt and a WIN of 2pt if BSP is over 2.99.

Also looking to lay the favourite in Sandown 16:05 depending on the odds.

Result

Fakenham 13:40 - Generous Jack. BSP 3.07. Horse won Profit £76.1
Sandown 14:25 - Queenohearts. BSP 2.68. Horse won. No bet.
Sandown 15:00 - Rathlin Rose. BSP 4.0. Horse fell, didn't DOB. Los £-60

Lay of favourite
Sandown 13:50 - Dorking C**k. £20 at 4.5. Horse won. Lost £-70
Sandown 16:05 - Darius Des Bois. BSP 3.68. Horse lost. No bet.

Total £-53.90

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@pontus-kylberg

Nice DOB. Maybe you could put your daily stuff in the horse racing thread and some of your logic behind selections.

Thanks

C

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14 Feb

Fontwell 14:05 - Itsonlyrocknroll. 4pt on DOB, BSP. If BSP is under 15.00 I will put 2pt on WIN.
Leicester 14:15 - Lady Master. 4pt DOB, 2pt WIN if odds above 2.99.
Kelso 15:00 - Captain Redbeard. Lay 2pt at 2.50.

Result

Fontwell 14:05 - Itsonlyrocknroll. BSP 23.30. 4pt on DOB. Traded as low as 3.10. Won £37.40.
Leicester 14:15 - Lady Master. BSP 2.58. No bet.
Kelso 15:00 - Captain Redbeard. Laid 2pt at 2.50. Horse won. Lost £-30.

Total: £7.4

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Just had an unvoluntary flue-vacation.

Ryan

@pontus-kylberg Good this is back

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13 Feb

The one that is clear to me now is at Plumpton 15:40, Seaweed. I will DOB 4pt, and WIN 2pt. All at BSP.

I'm also interested in Younoso at Musselburgh 14:50, but I want it to go over 3.00 in odds.
I will maybe lay the favourite in races 15:10 and 16:45 at Plumpton.

Result

Seaweed steamed to BSP 2.67. I don't do horses under 3.00, so no bet.
Younoso BSP 2.70, no bet.
The favourite in 15:10, Duc De Beauchene was BSP of 3.92. I don't lay the favourite under 4.00, so no bet.
The favourite in 16:45, At First Light was BSP of 3.03. No bet.

So Today was no-bet-day. That's ok. I rather do no-bet then wrong-bet.

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6 Feb

This one is clear to me.
Ludlow 14:45 - Bonza Girl. I'm using 4p on DOB, and 2p on WIN, at BSP.

Result
Ayr 14:00 - Elvis Mail. 4pt on DOB and 2pt on WIN. Proffit £17.4
Ludlow 14:45 - Bonza Girl. 4pt on DOB and 2pt on WIN. Proffit £37.9
Greened out after goal, during photo finish cause, I thought he came in second.
Ludlow 15:15 - Western Miller. 4pt on DOB and 2pt on WIN. Lost £60

Total loss £-4.7

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5 Feb

I see nothing today (so far)

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4 Feb

Finally! Turf!

I have one pick today at Taunton 16:15: Touch Kick.
My plan is to DOB with 4p, and go for a WIN with 2p. The first condition is that the horse stays over 3.00.

Also looking for steaming horses amongst these:

Taunton
13:45. Southfield Stone
14:45. Carigmoorna Matt
15:15. Midnight Chill
15:44. Duhallow Gesture

Chelmsford
16:30. Fayetta

Wolverhampton
17:55. Arcanada
19:55. Alban's Dream

Result
Taunton 16:15: Touch Kick won. But BSP was 2.90. I was on but greened out as soon as I could for £1. I don't do horses with so low odds. Ah well...

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3 Feb
Looking for steaming horses today. Let's see if I can find some amongst these:

Leopardstown
13:15. Sir Eric
13:50. Klassical Dream
14:25. Cuneo
15:00. La Bague Au Roi
16:40. Bigbadandbeautiful

Southwell
13:35. First Excel
14:10. Point Zero
14:45. Ornate
15:20. Contingency Fee
16:50. Break The Silence

Results
Sir Eric. In 2.72, out 2.70. £0.7
First Excel. In 5.50, out 5.30. £3.5
Klassical Dream. In 3.70, out 3.60. £2.9
Point Zero. In 1.75, out 1.74. £0.3
La Bague Au Roi. In 2.16, out 2.08. £3.6

Not that exciting. I made £11.

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I'm taking this from my memory now, I think it was like a 5-6% on the stake, and it was low odds place bets. I have it on a hard drive or USB stick somewhere, I did it when I was in the US last spring. Got to search for it.

Ryan

@pontus-kylberg

Hey buddy,

Yes anything profitable, hmm interesting - how profitable? If it collides with what you are doing I am sure some of the guys on here would potentially be up for helping so that you can have it worked on while you focus on the others, a few years back we all worked on a Pace Project collectively and it became very profitable.

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Ok, help a poor Swede out here. When you say "did it throw anything up?", do you mean like, did it prove to be profitable? If so, yes. But it also collided with what I'm doing now, so I put it on the backburner. I will take it out again and look at it to see what kind of results I had.

Thank you for the Massey site. I will certainly spend some time there.

Ryan

@pontus-kylberg

Firstly, on the losing days thing great to see that you are thinking longer term. I moved into even longer term thinking than you over the last few years I am now by the quarter. It's enabled me to be really calm and un attached to my trading.

Wow that's interesting - did it throw anything up?

Have you seen this site....

http://www.adrianmassey.com/web1/index.php

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Thank you! Really. It's kind of lonely here in Sweden for sports traders. I know of two others, but no one I can connect with. I only have my gf to talk with, and she is not really interested in numbers, so coming out and getting response from you all means so much.

The details are what's giving me focus and calm. Whenever I get a red trade, or like yesterday when the whole day ends in red after 10-11 hours of work, and I'm all frustrated and deflated, I just take a step back and look at the big picture. And I go "Hmmm... wait a minute, I'm still 9% up this month so far." and that makes the world to me.

I scraped two years of races (250,000 in total I think it was) from AtTheRaces and Timeform. It was a project to see if I could find an angel for Place and Win within certain price ranges by combining the two sites. I think I paid 250 Euros for the first year, and then 50 for every year after that, 600 in total. Next time I use a programmer, I'm going for an interactive database where I can automatically import all the necessary things in the morning, set it up as I want it, update the odds, and finally import the results. I'm going to use my earnings into that project.

Now I'm taking the rest of the day off from trading. Back on Sunday.

Ryan

@pontus-kylberg I love the detail in this post buddy, I love it!

Looks like even though you are behind on the goals you are still doing really well. Interesting what data you have scraped? I had the time form results sent to me daily I think guys like @Charles-Cartwright will enjoy this thread