GOLF: Hat-Trick up for Weekly Golf Value! And the importance of betting banks…

Cam Smith at 20/1 (would have got 22s had the relevant bookmaker not decided to close my account last week) brought up a fine hat-trick for Weekly Golf Value by winning The Open yesterday.  A splendid last round 64 sealed the deal, and it’s now getting a little tricky to think of anything new to say about the superb WGV service.  It has consistently delivered a fantastic profit since I started following last year.  I know I’m a conservative when it comes to betting.  I’d always prioritise having a good night’s sleep by sacrificing ROC figures and setting myself up with a betting bank the size of which acts as a comfort blanket through the poor runs.  And there have been one or two for WGV, relatively speaking.

However, that can’t be said for a couple of the other golfing tipsters I’m following at the moment.  The Rainmaker in particular is struggling, and my drawdown has now broached the -70% ROC mark.  I won’t quit it now.  If you set up a betting bank with which to follow a service, then to my mind you need to use it.  If the mentality at the start is to “write off” the money set aside, then why would you stop before you’ve lost it (barring any other logical reason such as a lack of odds availability, a change to an unproven methodology, etc.)?  I still maintain the hope that The Rainmaker pulls this around, and the beauty of golf as a betting medium is that the nature of the prices means that what seems like a level of loss that will never be recovered, it can be by hitting just two or three winners.

The Rainmaker isn’t the only one that’s struggling.  Both Tour Tips and Golf Insider are in “Deepest Drawdown” territory too.  The net result of all this is that despite the WGV winners, the golf portfolio as a whole is not where we would want it to be at this stage of the year.  This is not the time to panic however, to stick to principles, and ride it out.  Performance is disappointing, but it’s hardly disastrous.  Taking the total bank assigned to golf betting (the accumulated total of each service’s individual bank) and we see we’re at just -14.5%.  That comfort blanket is doing it’s job.

Golf Insider (200pt bank): Staked 260pts, -62.985pts, roi -24.22%, roc -31.49%, High 29.24pts, DD -92.225pts, Max DD -92.225pts

PGA Profit (500): Staked 519.5pts, +52.79pts, roi 10.16%, roc 10.55%, High 119.24pts, DD -66.45pts, Max DD -127.01pts

European Tour (500): Staked 81.5pts, -65pts, roi -79.75%, roc -13%. High 0pts, DD -65pts, Max DD -65pts

Ben Coley (600): Staked 496pts, -110.79pts, roi -22.33%, roc -18.46%, High 79.93pts, DD -190.72pts, Max DD -190.72pts

Tour Tips (150): Staked 138pts, -47.27pts, roi -34.25%, roc -31.51%, High 19.614pts, DD -67.25pts, Max DD -67.25pts

Weekly Golf Value (2000): Staked 2,645.5pts, +1,439.65pts, roi 54.41%, roc 71.98%, High 1,439.65pts, DD -0pts, Max DD -435.75pts

The Rainmaker (400): Staked 711.5pts, -291.3pts, roi -40.94%, roc -72.82%, High 5.2pts, DD: -296.5pts, Max DD -296.5pts

Golf Totals: ROI -10.02%, ROC -14.58%

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