Raising ROI, lowering the workload – a progress report.

So we’re approaching the end of the first month of the year with a new look portfolio in place and although it is – of course – far too soon to be providing any meaningful analysis of performance, it is perhaps time to assess how things are progressing in terms of ease of following.

If you remember, I had two previously stated aims for 2020:

1. To raise the level of ROI achieved; and

2. To ease the workload and time taken placing bets, especially during midweek.

As it happens, and as you will see from the figures below, the ROI is happily lying above the 10% mark which is what I am aiming for long term.  To reiterate however, after less than a month’s betting, this is as yet an irrelevance.  I’m far more concerned at this stage that the conditions of point two are being met.

Hand on heart, I now feel happier with my day to day involvement with betting than I have done for a long time.  Only two services – Precision Value and Racing Intelligence – offer up bets more or less every day and with the other three racing services concentrating their efforts exclusively on the bigger races and meetings it is really only Saturdays that prove to be properly busy.  The odds movements on the golf tips I’ve found not to be too dramatic despite my not placing the bets until the evenings, and having kept an eye on the prices available on the Exchanges, it is clear that the official win odds can frequently be beaten on the Exchanges, sometimes significantly so.  This eases the pressure still further in that I know I’m likely to be able to secure good prices even if I don’t place the bets as soon as they come through.

With just the one football service being followed, and with something around four or five bets being issued each week, the workload there is pretty light too.  I’ve also noticed that although the prices here do shorten quickly, they have generally bounced back on the Exchanges by match day (Saturday), which again is great in that I can leave striking the bets to a time that suits me on a Saturday morning.

Yep, Saturdays are busy, but I think you have to accept that if you’re following anything more than a couple of tipping services, that will always likely be the case.  There will too, be weeks when we have big midweek race meetings (think Cheltenham, Royal Ascot, Glorious Goodwood, etc.) which will mean lots of bets coming in but generally speaking I’m delighted with how things are set up now.

On reflection, I think it is quite easy to become drawn into a real grind as your betting portfolio grows.  The race to secure prices, the pressure to keep your results record up to speed each day….it can become a chore.  It can, very easily, turn your betting into a relentless exercise of keeping spinning plates in the air, fearful that one of them will come crashing down.  Let’s face it, even though we’re treating our betting as an investment and a serious way of making some extra money, we could do with it all being an enjoyable experience too.  I think, and I know it’s early days yet, but the tweaks I’ve made at the start of the year are letting me relax a little and enjoy the ride more.  That can only be a good thing.

Performance for January to date…

A notable performance from PGA Profit on it’s first week of my following their bets.  It could so easily have been even better with one of the golfers backed right up at the top of the Leaderboard at the halfway stage before fading away.  With another long priced tip finishing strongly however and in the places, it was a great start.  It’s the same every week, right?

The other due a big pat on the back is Racing Intelligence.  A storming day which notched four winners was mainly to thank, turning the month’s performance on its head.  Good to see Racing Service 1 tip a nice 10/1 winner on Saturday as they’ve had a bit of a difficult period recently.  Hopefully they’ll now kick on a bit.

Bet Alchemist (100pts bank): Staked 22pts, +1.4pts, roi 6.36%, roc 1.4%

Racing Service 1 (200): Staked 35pts, +7.4pts, roi 21.14%, roc 3.7%

Golf Insider (400): Staked 45.1pts, +13.1pts, roi 29.04%, roc 3.27%

PGA Profit (100): Staked 8pts, +17.5pts, roi 218.75%, roc 8.75%.

Precision Value (200): Staked 84pts, +21.541pts, roi 25.43%, roc 8.52%

Racing Intelligence (200): Staked 82.5pts, -14.625pts, roi 25.64%, roc 10.77%

Scottish Football Income Booster (100): Staked 14pts, +4.1pts, roi 29.28%, 4.1%

Racing Service 2 (50): Staked 10.75pts, -5.5pts, roi -51.16%, roc -11%

Total ROI 13.23%, ROC 3.99%


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