RandallFlagg's Lay Betting Journal: current betting bank total £488.21

King85

crunchman said:

This is a lot of effort for a small return.

About as much effort as typing a boring comment like this that doesn't add anything to the chat tbh

Good work @RandallFlagg, keep that number climbing up.

YellowLedBetterMan

crunchman said:

This is a lot of effort for a small return.

Listen here - for you it might not be a lot of money. For me it's my weekly shopping bill paid for by simply half a dozen taps on a smartphone every day.

welby

I echo that sentiment King85 - Great work and appreciated RandallFlagg

YellowLedBetterMan

I did well by not placing the bet on Phoenix Way

RandallFlagg

The 20+ bet winning run ends with a couple of losing bets, but I fear not, they were due and everything is still on track, I take the long view:

Today's results:

• Huntingdon 13:25 - High Up In The Air WIN £5.63
• Huntingdon 14:00 - Jubilympics WIN £4.94
• Huntingdon 14:35 - Phoenix Way LOSE -£25:00
• Doncaster 15:25 - Wakool LOSE -£25:00

Betting bank now reduces to £296.02

This is lay betting and the test of discipline and selection process starts now. It will recover.

Boromedic

No worries man, it's been a good run and like you say play the long game. I'm still up from my initial stake so more than happy and like the guys said above, more than appreciative of the tips. 

YellowLedBetterMan

Can't win em all. We go again

RandallFlagg

A couple to consider today:

Doncaster 12:20
Doncaster 15:15

Bets will follow later when prices settle down. 

Despite yesterday's losses the P&L for January is still a respectable 19.8%. Will post full January results on Brexit Day!

RandallFlagg

Today's bets:

Doncaster 12:20 Twin Star SP Lay £25
Doncaster 15:15 Quarenta SP lay £25

DefaultM

I've started a new strategy today involving putting small amounts on extra place races, but the interesting part is when my daughter comes to sit on my knee. So far I've managed to bet on the same horse twice, and another at a bookie that doesn't even pay me extra places anymore.

RandallFlagg

Todays results - both bets won:

Doncaster 12:20 Twin Star WIN £3.38
Doncaster 15:15 Quarenta WIN £2.60

Betting bank now stands at £302.00

RandallFlagg

A couple make Sunday's shortlist:

13:20 Fontwell
15:00 Sedgefiled

Will confirm bets later

DiscoStu

crunchman said:

This is a lot of effort for a small return.

He's turned £50 in to £300 in under two months. I have a few grand in my bank account and it makes £5 a month.
Go RandallFlagg! I should really get me some of this action. 

RandallFlagg

DiscoStu said:

crunchman said:

This is a lot of effort for a small return.

He's turned £50 in to £300 in under two months. I have a few grand in my bank account and it makes £5 a month.
Go RandallFlagg! I should really get me some of this action. 

Not quite, I started this cycle with £50 back in September, started posting on here from £191 onwards in December. It's after £500 things will start getting interesting as the stakes go up. It's the long game. I could short circuit the slow grow early days by injecting a couple of grand but want to let it generate on it's own, I'm in no hurry and have no need to cash out.

But at 20-30% growth a month it beats an ISA.

RandallFlagg

Today's bet:

15:00 Sedgefield SP lay £25 liability on Ulterior Motives

RandallFlagg

Today's bet lost:

15:00 Sedgefield Ulterior Motives LOSE -£25:00

Betting bank now stands at £277.00

This is the kind of test that sorts the men from the boys.

welby

It's never straightforward I have tried all sorts over the years, tipsters, backing only odds on favourites etc etc. Your system seems to be working since I have followed and results so far are positive.

Keep going 

DefaultM

welby said:

It's never straightforward I have tried all sorts over the years, tipsters, backing only odds on favourites etc etc. Your system seems to be working since I have followed and results so far are positive.

Keep going 

There's all sorts you can do to consistently win money, even with no risk to yourself, but it's a case of how long you want to sit at the computer for the chance at what is likely not a great fortune. 

A simple one is looking for advertised odds boosts that are actually a boost (where the back price is higher than the lay price). 
For example Paisley Park might be advertised to win at evens, whereas the lay price is maybe 1/2.

Put £10 on that, and £10 on the lay. If the bet loses your tenner goes to the bookie but you win £10 on the lay. You didn't win anything but your cash was never at risk.
If the bet wins then you lose £5 on the lay, but win £10 at the bookie. So you just had a risk free chance at £5 per £10 staked (they're likely only going to let you stake a tenner though). 

For bigger profits over time don't lay, but expect a very bumpy ride.
https://i.imgur.com/mIWKivF.jpg

RandallFlagg

No bet today

RandallFlagg

Again, no bet today.