It’s quite apt that the last day of the month just gone was Halloween, because to be quite honest October was a complete horror show. It was the worst month I’ve had in a long, long time and I’m pleased it’s over.
There’s a temptation to think that come the end of a bad month and as another starts, fortunes will dramatically reverse. Betting doesn’t work like that, and who knows how deep this current losing run will reach before fortunes turn around. That, in a nutshell, is why gambling is such a test of mental strength; no-one ever knows when a bad drawdown is going to end. It is the uncertainty that so many people, including myself, find hard to deal with.
Of the nine services issuing bets through October, only three made a profit; Football Lay Profits, Football Service 2, and Racing Service 3. The two footie services did well, with the 3.19% of FLP a decent enough figure for a laying service and FS2’s ROI coming in at a very respectable 9.84%. But these profits fell an awful long way short of covering losses elsewhere.
October was a horrible month for the Football Service 1. It got off to a particularly nasty start with nine losers and no winners in the first week, and things only got worse from there. This had a massively negative impact on the ‘Broxchange’ portfolio, and the recent troubled times of The Accountant did nothing other than exacerbate the situation.
It’s always tricky when a service you start to follow endures a losing run before you’ve really seen what it can do. The temptation is to question your own judgment in deciding to subscribe and it is so important to retain faith and trust in the research you had done. That’s certainly the case with The Accountant and I’m looking to much better times ahead.
Both Northern Monkey and MVS (Lite) struggled badly too. It was a strange month for NMP which had a fantastically successful Saturday back on the 15th, which saw 15.5 points profit made. That Wayne finished the month 10 points down shows just how slim pickings were around that one Saturday.
Here are the figures:
The Accountant: Staked 65pts, -5.132pts, ROI -7.89%, ROC -8.55%.
Racing Service 1: Staked 38pts, -2.112pts, ROI -5.55%, ROC -2.11%.
Football Service 1: Staked 27pts, -12.871pts, ROI -47.67%, ROC -25.74%.
Football Lay Profits: Risked 243.9pts, +7.792pts, ROI 3.19%, ROC 3.89%.
Golf Insider: Staked 50.4pts, -28.86pts, ROI -57.26%, ROC -3.6%.
MVS (Lite): Staked 50pts, -17.235pts, ROI -34.47%, ROC -19.39%.
Northern Monkey: Staked 48.185pts, -10.462pts, ROI -21.71%, ROC -13.07%.
Football Service 2: Staked 39.5pts, +3.89pts, ROI 9.84%, ROC 4.86%.
Racing Service 2: n/a
Racing Service 3: Staked 93.25pts, +4.65pts, ROI 4.98%, ROC 2.32%.
Portfolio performances:
‘Main’: ROI -11.31%, ROC -6.18%.
‘Starter’: ROI -7.11%, ROC -5.09%.
‘Broxchange’: ROI -11.63%, ROC -8.6%.
Let’s hope November is a better month.
