So here we go again. Back in the saddle, behind the steering wheel, on the bike…you choose whichever turn of phrase to use. The end result is the same; the battle with the bookmaker is resumed.
And what a weekend it was for Racing Intelligence! Saturday saw winners at 25/1 and 8/1 (official prices), and this Super Saturday was followed by a Sparkling Sunday, with another winner at 17/2. I confess I wasn’t able to quite grab the official prices (I managed 20/1 on the 25/1 winner, for example) but I’m shedding no tears at that.
Funnily enough, these winners came just three days after RI had sent an email to members acknowledging that June had been something of a horror show but emphasizing that when encountering difficult periods in the past, the service had always bounced back strongly. Having not backed anything in June I wasn’t aware of the extent of the drawdown, but I believe that it was in the range of 80 points or so. Saturday’s results wiped out that loss.
It’s a rare and valuable talent for a tipster to consistently prove his ability to bounce back after a bad run. Whatever method is used to identify value bets – be it form reading, having access to information, following money from marked accounts, or some other strategy – once a losing run takes grip it must be very difficult not to question your approach. It’s human nature. Sure, experience helps. If you’ve been there, seen it all and worn the proverbial T-shirt, when a losing run hits it must be easier to contextualize. But even then, I’ve seen many a tipster look great for a year or so, seemingly recover from a drawdown, but ultimately fade away never to be seen again.
I would think that what is absolutely essential for a tipster to survive and thrive long term is an absolutely unshakeable belief in their methods. When it comes to tipping, one thing is as certain as a Jose Mourinho team defeat being followed by a Jose Mourinho moan, and that is that the belief in those methods will be severely tested. And I reckon only those with the strongest conviction will ultimately survive.
July performance to date…
Not such a good week for PGA Profit but we’ve only had one tournament to go at so far this month. A small profit for Bet Alchemist which got off to a flyer with their very first bet landing odds of 7/1, but then a series of losers eroded the profit significantly. Both Racing Service 1 and Precision Value yet to hit their straps.
Bet Alchemist (100 point bank): Staked 11pts, +1.7pts
Racing Service 1 (200): Staked 10pts, -3pts
PGA Profit (500): Staked 37.5pts, -37.5pts
Precision Value (200): Staked 16pts, -2.54pts
Racing Intelligence (200): Staked 52pts, +86.75pts
Scottish Football Income Booster (100): n/a
Racing Service 2 (50): n/a
Total for July: ROI 60.53%, ROC 4.35%