Oh, dear. Oh dear, oh dear, oh dear. Not good.
July has been my worst month of betting for quite some time. In fact, off the top of my head I can’t remember when things went quite so badly. Of the eight services in the portfolio that provided bets, six of them generated a loss; five of those six produced losses that can be accurately described as being significant.
There really was very little let-up. Four of the services – MVS (Lite), Fake Mug Bets, Jason James and Pilelist Racing – went on losing runs that I’ve not seen for some time. I guess with the Fake Mug Bets, playing in multiples as it does, the drawdown must be expected, but backing the horses in singles as is the case with MVS (Lite) and at relatively short odds…it’s not easy to take.
The chap behind Pilelist Racing is obviously feeling the pressure a little too – it’s not been a good year so far and towards the end of the month it was clear (because he said so) that a short break was needed. This game can do that to you. It can be unremitting and bleak, testing the will of those with the strongest of mentalities.
It wasn’t all completely bleak. Northern Monkey had a stormer, and thank goodness it did because if it hadn’t, the overall losses really would be big. It was good to see Wayne come back to form after a sticky spell of his own, and let’s hope that now he’s hit his straps, the rest of the summer remains kind.
What is a little galling when I look at the losses is the fact that we’ve had our most consistent summer weather for about 40 years. We had no significant rain throughout the entire month, and it is common belief that when going conditions are consistent, the form book is easier to interpret. Good weather = good results…or not, it seems.
So what to do?
Nothing at this moment in time. We just carry on, plugging away, hoping that those currently in a trough pull things around sooner rather than later. What I am going to do though from this point, is dedicate two or three posts to that old chestnut of handling losing runs. What to do, what not to do (and why not), how to protect ourselves, how to cope mentally, and how to judge when a tipster might really have lost it and should be “unfollowed”.
Until the next post then, here are July’s sorry figures:
AH Edge: Staked 13pts, -0.744pts, ROI -5.72%, ROC -1.24%.
Fake Mug Bets Club: Staked 148pts, -80.312pts, ROI -54.26%, ROC -20.07%.
Football Service 1: n/a
Jason James: Staked 92pts, -60.85pts, ROI -66.14%, ROC -30.42%.
MVS (Lite): Staked 73pts, -12.625pts, ROI -17.29%, ROC -14.02%.
Northern Monkey: Staked 81.333pts, +48.844pts, ROI 56.36%, ROC 57.3%.
Pilelist Racing: Staked 41.4pts, -21.288pts, ROI -51.42%, ROC -28.38%.
Racing Service A: n/a
Racing Service B: Staked 77pts, +13.825pts, ROI 17.95%, ROC 6.91%.
Racing Service C: Staked 50pts, -8.154pts, ROI -16.3%, ROC -8.15%.
Total: ROI -13.98%, ROC -5.87%.
