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Jul 17 2008

July News

Published by winningracingtips at 11:28 am under Today's Tips Edit This

Its been an interesting first half to the year, but profit wise one to forget - at least on the each way front. I haven’t yet done the full figures but I think we are going to be looking at a break even or marginal profit situation to advised stakes/odds. This is far from the worst case scenario though and the most important thing will always be to keep the betting bank intact, awaiting periods of greater profitability during these lean spells.

For those of you who are yet to start making money from the lays this year the performance so far makes pretty good reading. You can see the proofed results at Racing Index and when you compare all lay tipsters since 1/4/08 (when the system started) these selections come out top of the pile! - From around 80 services. It is possible that we have already had the majority of this years profits out of this system so don’t get too carried away with stakes, but with last years data and now with this season almost sure to end with big profits things are looking good for this system. I have been working on a base of 8% liability per bet and although this is certainly not a low risk staking strategy it has effectively doubled my starting bank since April.

Whilst browsing the Racing Index results I decided to look at the real LONG TERM results of the backing tipsters and this was sobering to say the least. When all tipsters are compared over the maximum time span, which without going into archived results means 01/01/07 - to date, winningracaingtipsew is one of only three tipsters that have been able to make a profit at SP and that have proofed over the entire period. It just goes to show how difficult LONG TERM performance is to sustain. WRT was top of the Racing Index tables for a large part of last year, and whilst I doubt this will ever happen again, (due to the results now being graded on Betfair performance, which is the not where wrt bets should be placed) I remain confident that the service remains one of the best out there, especially when advised prices are taken into account.

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