Update
T4 Won Race 1 Romford
Bank 5 Units Profit [Plan 1]or 4 Units Profit [Extra] and begin again
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Update
T4 Won Race 1 Romford
Bank 5 Units Profit [Plan 1]or 4 Units Profit [Extra] and begin again
Rome was not Built in a day,or making money from betting!
Betting Stopped
After T4 Won Race 2 [Second Part] Romford
Bank 6.25 Units Profit [Plan 1] bringing final total to 11.25u
Or 6.25 Units Profit [Extra] bringing that final total to 10.25u
Rome was not Built in a day,or making money from betting!
Hi
Betting this morning at Romford and Crayford on Traps 4 and 6
Rome was not Built in a day,or making money from betting!
Update
T6 Won Race 1 Romford
Bank 5 Units Profit [Plan 1] or 4 Units Profit [Extra] and begin again
Rome was not Built in a day,or making money from betting!
Betting Stopped
After T6 Won Race 7 [Second Part] Crayford
Bank 12.50 Units Profit [Plan 1] bringing final total to 17.5u:)
Or 12.5 Units Profit [Extra] bringing that final total to 16.5u
Total Stakes for Plan 1: 106 Units
Rome was not Built in a day,or making money from betting!
Hi
Betting this morning at Romford and Crayford on Traps 3 and 6
Rome was not Built in a day,or making money from betting!
Update
T3 Won Race 1 Romford
Bank 5 Units Profit [Plan 1] or 4 Units Profit [Extra] and begin again
Rome was not Built in a day,or making money from betting!
Betting Stopped
After T3 Won Race 2 [Second Part] Romford
Bank 6.25 Units Profit [Plan 1] bringing the final total to 11.25u
Or 6.25 Units Profit [Extra] bringing that final total to 10.25u
Rome was not Built in a day,or making money from betting!
Hi
Betting this morning at Romford and Crayford on Traps 1 and 3
Rome was not Built in a day,or making money from betting!
Extra Plan Result
NO Win after Stop Loss Cut off race 7
Stop Betting and take the loss of 75 Units
Im carying on with the the normal plan [Six 2nds so far!]
Rome was not Built in a day,or making money from betting!
Update
T3 Won Race 11 Romford
Bank 17.5 Units Profit and begin again
Rome was not Built in a day,or making money from betting!
Talk about waiting for a London bus,then two come at same time
Betting Stopped after T3 Won Race 1 [Second Part] Crayford
Bank 5 Units Profit bringing the final total to 22.5u
Total Stakes for Plan 1: 526 Units
Rome was not Built in a day,or making money from betting!
Morning All
Betting this morning at Romford and Crayford on Traps 1 and 3
Staking change to Plan ONE.
From today it will be the normal target of 5 Units plus just 1 Unit a losing race [Instead of 1.25u].That goes for the Extra plan second part as well.
Rome was not Built in a day,or making money from betting!
Update
T3 Won Race 2 Crayford
Bank 6 Units Profit [Plan 1] or 5 Units Profit [Extra] and begin again
Rome was not Built in a day,or making money from betting!
Betting Stopped after T3 Won Race 9 [Second Part] Romford
Bank 13 Units Profit [Plan 1] bringing the final total to 19u
Or 13 Units Proft [Extra] bringing that final total to 18u
Total Stakes for Plan 1 on another tough day : 246 Units
Rome was not Built in a day,or making money from betting!
Morning All
Betting this morning at Romford and Crayford on Traps 2 and 3
Rome was not Built in a day,or making money from betting!
Update
T2 Won Race 3 Romford
Bank 7 Units Profit [Plan 1] or 6 Units Profit [Extra] and begin again
Rome was not Built in a day,or making money from betting!
Betting Stopped after T3 Won Race 8 [Second Part] Romford
Bank 12 Units Profit [Plan 1] bringing the final total to 19u
Or 12 Units Profit [Extra] bringing that final total to 18u
Total Stakes for Plan 1:253 Units
Another hard meeting but a good advertisement for having a strong betting bank :D
Rome was not Built in a day,or making money from betting!
Morning
Betting today at Romford and Crayford on Traps 2 and 3
Rome was not Built in a day,or making money from betting!
Update
T3 Won Race 2 Crayford
Bank 6 Units Profit [Plan 1] or 5 Units Profit [Extra] and begin again
Rome was not Built in a day,or making money from betting!
Betting Stopped after Trap 2 Won Race 12 [Second Part] Crayford
Bank 16 Units Profit [Plan 1] bringing the final total to 22u
Or 16 Units Profit [Extra] bringing that final total to 21u
Total Stakes for Plan 1: 586 Units
Another Ball breaking meeting
From July will introduce a Stop loss cut off of Eight races for the "Extra" plan Second winner.
Rome was not Built in a day,or making money from betting!
The point, at least as it seems to me, of loss chasing, is to never lose. That's why you end up with the ball breaking days when you have a run of outs, because it obviously builds right up. In theory, of course, you will never have a losing day with a loss chasing method - as long as you have an UNLIMITED bank. In practice, of course, no-one has an unlimited bank, because there are limited funds available in the world. Therefore, at some point, no matter what, a losing streak is going to come at some point that will wipe out your bank. You may have 6 months, or a year, or two years, of continual winning days... but at some point you will lose it all because at some point that monstrous losing run will come.
So, you've introduced the "cut off" for the Extra Safe Plan, taking a loss. It seems to me, though, that this contradicts the theory of loss chasing. If you're going to loss chase, you have to be all the way. Taking a loss will mean that overall that 2nd plan will hover around the break even mark, you'll probably never kill the bank as you will one day with Plan 1, but you'll never really grow it significantly, either. It will grow a little bit, but inevitably a 7 race loss period will drag you back again.
Good luck though, I hope you make a liar of the truth of the maths.
Thanks Duritz
A good post making some valid points.
Sadly I havnt got an unlimited bank,its currently 1400 Units [At £2 a unit].To be honest though Ive yet to come real close to busting it although this month has been a tough one with three figure totals traded each week so far.
But on the whole before June apart from the odd week things have been pretty straight forward.
The main problem comes when on a losing run like the last couple of weeks trying to get £100 plus on at Betfair,which is not always possible meaning having to take shorter odds with the traditional bookmakers like Hills,Ladbrokes etc.
You are probably right about the "Extra" safe plan.
Rome was not Built in a day,or making money from betting!
Morning
Betting today at Romford and Crayford on Traps 2 & 3
Rome was not Built in a day,or making money from betting!
Update
T2 Won Race 1 Romford
Bank 5 Units Profit [Plan 1] or 4 Units Profit [Extra] and begin again
Rome was not Built in a day,or making money from betting!
Betting Stopped after Trap 3 Won Race 2 [Second Part] Romford
Bank 6 Units Profit [Plan 1] bringing the final total to 11u:)
Or 6 Units Profit [Extra] bringing that final total to 10u
Total Stakes for Plan 1: 13 Units
Rome was not Built in a day,or making money from betting!
Morning
Betting today at Romford and Crayford on Traps 1 & 3
Rome was not Built in a day,or making money from betting!
Update
T3 Won Race 1 Romford
Bank 5 Units Profit [Plan 1] or 4 Units Profit [Extra] and begin again
Rome was not Built in a day,or making money from betting!
Betting Stopped after Trap 3 Won the next race Crayford
Bank 5 Units Profit bringing the final total to 10u
Or 5 Units Profit [Extra] bringing that final total to 9u
Rome was not Built in a day,or making money from betting!
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