It is a commonly held belief that September and October are difficult months for those of us who bet on the horses. We’re getting towards the end of the flat turf season and horses have “gone over the top” from their previous summer exertions, and at the same time the National Hunt season proper has yet to get going and the jumps horses are lacking fitness. Personally I think this is all a load of old codswallop, if you’ll forgive the overly technical term. Still, the racing services in the portfolio have largely struggled with only three of the seven producing a profit. Perhaps there’s something in it after all.
Let’s start with the positive. September was an outstanding month for Northern Monkey, who really cashed in on the last Saturday with over 22 points profit on the day! It was interesting to read in Wayne’s own monthly review how profitable the multiple bets have been this year so far. Last season the multiples barely broke even and it shows how patient you need to be when backing in doubles and trebles.
This last point is a pertinent one when we look at the rather dismal September suffered by the Fake Mug Bets Club. FMBC and Northern Monkey represent the two bookends on the profit and loss shelf. We might expect MVS (Lite) to have had a bad month if FMBC do, but this was not the case as MVS ended just a little in the red.
The other notable loser on the month was Pilelist Racing and this service needs to see a bit of an uplift soon. It’s important to acknowledge that playing at longer odds as Pilelist does, it can be pretty testing at times.
Finally a nod to Jason James who supplied a fairly regular supply of winners to post some decent figures.
AH Betting: Staked 53pts, ROI -4.36%, ROC -3.85%
Fake Mug Bets Club: Staked 154pts, -71.874pts, ROI -46.67%, ROC -17.96%
Football Service 1: Staked 5pts, +2.54pts, ROI 50.8%, ROC 5.08%
Jason James: Staked 71pts, +21.2pts, ROI 29.85%, ROC 10.6%
MVS (Lite): Staked 62pts, -1.725pts, ROI -2.78%, ROC -1.91%.
Northern Monkey: Staked 66.5pts, +37.284pts, ROI 56.06%, ROC 46.6%.
Pilelist Racing: Staked 41.99pts, -10.613pts, ROI -25.27%, ROC -14.15%.
Racing Service 1: n/a
Racing Service 2: Staked 87.5pts, +3.125pts, ROI 3.57%, ROC 1.56%.
Racing Service 3: Staked 16pts, -2.938pts, ROI -18.36%, ROC -2.93%.
So rounding it all up, the month produced an ROI of 5.9% and bank growth of a slightly disappointing 1.66%. And on that note it’s perhaps relevant to tell you that from next week I’ll be reporting back on a slightly different portfolio. I feel it’s time to shake things up a little, cover more sports and types of service. I’ll also be charting progress of a small portfolio designed for following using the Exchanges, and another aimed at showing how it’s possible to start small and by reinvesting profit grow your betting operation which I’m hoping will appeal to those of you with limited starting resources.
See you next week.