The first quarter (or thereabouts) of 2021 was a tricky period for Precision Value. At one point it reached a drawdown figure of almost 25 points. In the context of a 200 point bank, that is not a disaster of course, but when you’re backing at relatively short odds the day to day grind during a losing spell can be a testing time. It’s easy to feel that you’re never going to get things back on the right side of the profit curve. However, PV has proven that by persevering, a good service will come back strong, and after a superb week in which almost 16 points of profit was bagged, it now stands on a year to date high of +55.9 points and is running at an ROI of 12.8%. That’s a little above the long term average which tends to hover around the 9-10% mark, so I guess we’re due a wee correction the other way at some point.
Northern Monkey is another to reach a YTD high last week after a solid performance. It was nearly an explosive one as a (small) each way double hit a 13/2 winner alongside a 50/1 shot that finished….second! To be fair, the latter was fairy comfortably beaten. This wasn’t one of those where you miss out on a big payday by a nose or something, but still. Well played that man!
Heading in the opposite direction at present is Bet Alchemist which has extended its recent losing run. Whilst on the subject of BA – I’ve had a couple of queries from readers saying my figures far exceed theirs. Is there a strategy I’m using? The answer is no, but this is a point I’ve made a number of times previously within the Bet Diary but it’s possibly time to make the point again…
The Bet Diary reflects my betting. It isn’t to be taken as a pinpoint accurate reflection of what everyone will get following the same services. I miss bets, some I get BOG on (and I know I’ve benefited from that this year with a Bet Alchemist win), there are days when I can’t bet at all (or chose not to, perhaps if I’ve a family thing on), I don’t bet when I’m on holiday and so will miss weeks at a time, etc. Last year I had a tipster write to me to say that I’d underdone the profit he’d made by about 25%, so it works both ways. There was also a golf winner I missed t a big price, so my end of year figures for that service were notably lower than the official service results. Please do remember this. The Bet Diary reflects what I feel is a more real life experience. Unless you bet for a living and devote every day to it, how many of us can get on every bet? I’m afraid I can’t, and therefore there will be times when you might be following the same service as one I do, and be thinking either hang on, Rowan’s not doing as well as I am, or alternatively, how has he netted more profit than I have?
Hope all that makes sense. See you next week,
Bet Alchemist (100pt bank): Staked 228pts, +21.205pts, roi 9.3%, roc 21.2%, High: 42.58pts, CDD: -21.375pts, Max DD: -21.375pts.
Northern Monkey (100): Staked 256.75pts, +41.124pts, roi 16.01%, roc 41.12%, High: 41.124pts, CDD: 0pts, Max DD: -27.028pts
Precision Value (200): Staked 437pts, +55.986pts, roi 12.81%, roc 27.99%, High: 55.986pts, CDD: 0pts, Max DD: -24.834pts.
Racing Service 1 (50): Staked 29.5pts, +6.312pts, roi 21.39%, roc 12.62%, High: 12.312pts, CDD: -6pts, Max DD: -8pts.
Racing Totals: ROI 13.91%, ROC 26.52%
*ROI – Return On investment, ROC – Return On Capital (ie. bank growth), CDD – Current Drawdown, Max DD – Maximum Drawdown