Aug 2024 £3000 - ? Bank Challenge

Richard Latimer

How do people do this?

I don't look and I'm still consumed over what's happening

Richard Latimer

As much as the summer leagues have been profitable and given at least something to trade since May I can't wait for their effect to minimise once more.

Up until the end of May s/r is 89% coupled with ave lay odds of 4.7.

Since the beginning of June those average odds have come down to 4.1 while the s/r has fallen to 82%.

I prefer the greater consistency and occassional larger loss than the stop/start of summer leagues where it looks like teams are much more evenly matched.

Richard Latimer

Estonia odds too high but last one came through to get a bit back and mean that small or not this month is still ever so slightly in profit:

Seems like quite a bit to look at tomorrow:

Richard Latimer

Not a good start to the weekend. Beyond looking at South Korea and seeing both leagues are now in the negative there's not a lot to do. Bad results are always going to happen.

Will look at the South Korean leagues again when the season has finished. All other leagues in that region show profit.

Richard Latimer

Kept an eye, it drifted to 1.97:

Richard Latimer

Nothing until Sat it seems other than the one I already posted which I need to keep an eye on the odds. Nothing under 1.9 to lay:

Richard Latimer

@Ryan cheers for that

Ryan

@Richard-Latimer That would be cool that!

Its here: https://btc.thrivecart.com/updateinfo/

If you go to that page it should do what you need

Richard Latimer

@Ryan cheers. When everything comes to fruition we should try and get members together for a session on the beers somewhere.

In the meantime, this seems as good a place as any to ask, but how and where do I update my payment details for monthly subscription? Just recently had to change cards.

Ryan

@Richard-Latimer If you can get anywhere near Maria I would be very happy and it would be happening to a truly amazing dude as well so I wish you all the best.

I am always here to chat as well and help if needed. I like the simplicity of what you are doing.

Richard Latimer

Always nice to have a little in the bank after the first few so I'm not digging further into my own money straight away.

Ultimately I would love to see if I could match the Maria thread but circumstances will dictate me dipping into it way before I get there.

Andy Lucy

@Richard-Latimer Great start cracking weekend thanks for sharing i am following closely with a disciplined pot too

Richard Latimer

Unless the odds rise significantly on Cerro Porteno that's it for the weekend.

I'll take that start.

Richard Latimer

4/4 and plus almost £180. I'll post up the exacts when I've had my coffee.

Just the one tonight which I posted earlier.

Surprisingly, even though the stakes have increased massively I don't really feel any more stress.

Placed my bets and put the phone as far away as possible!

Richard Latimer

Couple more homes to lay:

One overnight and one tomorrow night. Max odds 11.00, min odds 1.9.

My staking calculator is in my trading sheet so people can download/update with their own figures if they want.

Martin

@Richard-Latimer this is so great to read, keep up the good work!

Simon Bates

@Richard-Latimer good luck

Richard Latimer

Well if last year was sort of the year this was meant to be THE year...well it will be. The time for organic growth has gone and the time to put my money where my mouth is has arrived.

I have a number of things I'm working on, all look good so far......but this is the one I have the most faith in RIGHT NOW!

Laying home teams:

Max price 11, lowest price 1.9 (variable staking to make the long odds affordable.)

Now here's the fun part. The training wheels are off. My starting bank for this is £3,000.

This amount of money on it's own won't do a damed thing to make my life run smoothly whether I have it or I don't.

The challenge here is to make as much money as I possibly can in 6 months. There will be no knee jerk reactions. No sudden panic. I WILL NOT BE LOOKING AT GAMES INPLAY AS WHAT'S THE POINT IN STRESSING MYSELF OUT MORE THAN IS NECESSARY.

Stakes are increased daily according to precisely worked out percentages and max liabilities for my s/r against odds. The ratchet is 35%

Percentages are worked out to longest expected losing streak x5 which would bust the bank. That's not going to happen as stake would be reduced..

In any case while accounting for a worst case scenario this is not what I need to concentrate on now. Not sure I would recommend this to anyone else but I have a huge amount of confidence in what I'm doing now due to the fact I've finally simplified things and it's not perfect.

I'm also more confident as in time I will be starting another little pot (probably a small amout from this one) and going live with my next and then my next. Diversify, spread the risk, build total and utter security.

I'll be starting work on a 4th soon as well.

I have taken so much onboard over the last few years that all of a sudden creating a successful system seems somehow.....straight forward all of a sudden.

Richard Latimer

@Akiva-Anderson everything takes me longer than it should Akiva

Akiva Anderson

Halle-f*****g-lujah!

This is great news!! Taken you longer then expected.

You have woken up!

Now be a successful trader