Month: April 2018

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They’re far from perfect, but…

Don’t get me wrong, I really don’t like the way UK bookies go about their business.  A refusal to stand anything approaching a reasonably sized bet should their customer show just the slightest inkling that they might not be a complete mug punter, and the ridiculously quick imposition of restrictions on accounts closely followed by full closure, is a far from admirable business practice.  And that’s all before we even start to consider such grey areas as misleading advertising.  But, as far as I’m aware, incidents of behaviour that may be considered as being outright fraudulent are thankfully rare.

From afar, by comparison the Asian betting scene can be seen as being a little “murky”.  Stories of huge betting syndicates putting down large amounts of money and fixed matches are relatively commonplace.  Unsurprisingly, the Asian bookmakers are wary.  The likes of Pinnacle and SBOBet, in my experience, run their businesses remarkably efficiently, allowing large bets to be placed without negative consequences for account health and running to a much smaller overround compared to their European counterparts.  Sure, offered prices tend to be more volatile as they react quickly to weight of money, but there’s nothing wrong with that!

It was with concern however that I heard allegations recently of unfair practices executed by the firm Singbet.  Singbet are an Asian firm that can be accessed via a number of betting brokerages by customers living in countries that allow patronage.  It is alleged that bets have simply been voided with no fair warning, costing the bettor the proceeds from winning bets placed in good faith.

Just be careful. My advice would be to stick to the firms that, over the years, have established a reputation for sound business practice.  My own experience of Singbet (admittedly from a few years back) is that they don’t need too much to decide that money they see come in on minor league football matches is “dodgy”, and they therefore subsequently void the bet (which, I would guess, they are entitled to do in accordance with their terms of business).  They often leave themselves open to smart money by dint of the fact that they are relatively slow in slashing their odds when money does come in for certain teams. Singbet lag behind many of the other main Asian firms in this respect who change odds very quickly indeed.  This opens them up to a far higher level of risk exposure, vulnerable as this makes them to shrewd and knowledgeable value hunters.

Portfolio Performance

Oh, dear.  Things are as miserable as the current spring weather at present.  Only four of the ten services are showing a profit through this month to date, and losing days are far outnumbering the winning days.  The only highlight last week came from Jason James who picked out a ripsnorter of a bet when Rejahh came in at 33/1 at Cheltenham.

AH Edge: Staked 26pts, -4.564pts.

Football Service 1: Staked 9pts, -3.693pts.

Jason James: Staked 37.5pts, +17.687pts.

MVS (Lite): Staked 14pts, +2.75pts.

MVS (Multiples): Staked 17pts, +3.35pts.

Northern Monkey: Staked 31.5pts, -7.256pts.

Pilelist Racing: Staked 22.033pts, +3.668pts.

Racing Service A: Staked 10pts, +3pts.

Racing Service B: Staked 61pts, -37pts.

Racing Service C: Staked 37pts, -9.05pts.

Two common questions.

There are two questions that I  am perennially asked when Spring comes around.  The improved weather (ha!) makes people think about holidays, and that in turn makes bettors wonder what they should do in terms of following their tipsters whilst away on their jollies.  The second question comes from folk following football tipsters – should I back the bets as normal, even though at this stage of the season some teams I’m backing have nothing to play for?

In short, my answers to each are:

  1. Take a break for heaven’s sake, when you’re away.  Forget completely about betting, logging in to get the tips, getting the odds and all the other hassles involved.  You need a break – take it!  A week or two’s betting really is nothing in the greater, long term context – and it will stop your wife/partner/kids being irritated with you at a time when you’re supposed to be enjoying each other’s company.  Oh, and one other thing – don’t go checking results when you get home.  If you’ve missed a few good winners it will make you feel depressed, and what can you do about it anyway? Nothing, that’s what.
  2. Back whatever your tipster tells you to back!  Don’t go complicating things.  Just carry on as normal.  Over the years, I’ve noticed that some years results at the back end of the season are good, in other years not so good.  A bit like the beginning of the season, or the middle part of the season, or any other part of the season you can think of!  If you pay to follow a good tipster, then follow him.  As soon as you start getting too selective, you’re at risk of entering a whole world of pain.  What’s the most likely thing you’ll do if you ignore a tip at odds of say 3/1 or more on the footie, which proves to be a winner you’ve missed because you didn’t think the team you were supposed to back were going to be up for it?  I’ll tell you, shall I?  You’ll decide you were daft and back the next big-priced tip that your man gives you the following week…and of course Sod’s Law will dictate that with your money down, the bet will lose.  Far, far easier to just carry on backing each and every selection in the way you normally do. Take it from one who has made all the mistakes and felt all the pain!

Betting for April to date:

Poor figures so far, but we need to bear in mind that I missed nine days of betting due to the lurgy!

AH Edge: Staked 10pts, -0.58pts.

Football Service 1: Staked 1pt, -1pt.

Jason James: Staked 16.5pts, -10pts.

MVS (Lite): Staked 5pts, -1.5pts.

MVS (Multiples): Staked 5pts, -1.5pts.

Northern Monkey: Staked 17.5pts, -1.162pts.

Pilelist Racing: Staked 7.833pts, +5.841pts.

Racing Service A: Staked 10pts, +3pts.

Racing Service B: Staked 33.5pts, -20.5pts.

Racing Service C: Staked 21pts, -3.75pts.

Total: ROI -12.05%, ROC -1.42%.

March Review

OK, so as promised, a quick round-up of March’s betting.

All I can say when I look at the figures is thank goodness that Cheltenham week produced the goods, because what happened both before and since was, and has been, distinctly underwhelming.  March is always dictated to a large extent by what happens over the four days at Prestbury Park, and this year was no different, with the Festival dragging the month into profit.

It was a great month for Racing Service C who enjoyed a number of big priced winners at Cheltenham and it would be nice to see it kick on now the Flat season is getting underway in earnest.  It was good to see Northern Monkey put it in again after what had been a shocking February.

Not such a good month for the Football Service 1, but it wasn’t alone in finding March a struggle, as you can see from the figures below…

AH Edge: Staked 46pts, +0.13pts, ROI 0.29%, ROC 0.22%.

Football Service 1: Staked 19pts, -10.24pts, ROI -53.9%, ROC -20.98%.

Jason James: Staked 82pts, -9.37pts, ROI -11.42%, ROC -4.68%.

MVS (Lite): Staked 46pts, +2pts, ROI 4.34%, ROC 2.22%.

MVS (Multiples): Staked 96pts, -30.72pts, ROI -30.72%, ROC -7.37%.

Northern Monkey: Staked 51.375pts, +20.125pts, ROI 39.17%, ROC 25.15%.

Pilelist Racing: Staked 16.833pts, -7.61pts, ROI -45.19%, ROC -10.14%.

Racing Service A: Staked 34pts, -6.88pts, ROI -19.92%, ROC -11.45%.

Racing Service B: Staked 64pts, +13.68pts, ROI 21.36%, ROC 6.83%.

Racing Service C: Staked 41pts, +32.61pts, ROI 79.54%, ROC 32.61%.

Total for March: ROI 2.36%, ROC 1.84%.

Hit for six.

I wish I was talking about a tipster who was picking winners galore and metaphorically smashing the ball out of the ground.  But I’m not.  Oh, no.  I’m talking about how some sort of horrible virus or other hit me right out of the ground!

I don’t do sick.  Seriously, I don’t agree with it.  Nasty, horrible things, viruses.  They have no place here and as such I try to have absolutely nothing to do with them.  Nope – much better to avoid them and pretend they don’t exist, and largely, this approach works.

But not this time!  About a week after Cheltenham I started feeling not so good, and then Bang!  The next thing I know I can hardly move; stuck in bed, aching like I’ve never ached before, not even able to do the most important thing in all life (watch the Arsenal), never mind do any of the more mundane things like eat or drink.  Even the Missus had to admit this wasn’t a bad cold, or even man-flu!

Anyway, enough of my troubles.  Suffice to say that my betting took a bit of a pause, as obviously, did updating this blog!  For which I can only apologise and tell you that I’m now in the process of updating the figures for when I was betting, and bringing everything right back to speed again.

So here’s the plan.  Tomorrow, I’ll provide you with a March review, and then over the weekend I’ll post up an update that includes what there has been of April’s betting.

Right now it’s time to grab something to eat, a beer, and to settle down to watch the Arsenal.  I guess you can tell I’m feeling better. 🙂