The winds of change…

I’ve reached a crossroads.  For as long as I’ve been writing this Bet Diary, the fundamental structure to my betting has been constant.  I’d follow tipsters, place as many bets as I can, and tot up the profit and loss.  Things have had to change.

Like many (if not most) of you, I have various commitments in life other than betting.  For me, these commitments are significantly greater and take up far more of my time through the summer than they do the winter.  So I need to adapt and to change my betting patterns.

How do I do this?  Well, the simple answer is to cut down the number of bets I place, but it’s not quite that simple.  I still want to achieve decent bank growth, and for that, you tend to need turnover.  But what if I could lower turnover but try to up ROI?  Might that work?  Well folks, we’re about to see.

For some time I’ve been thinking about backing my horse racing tipsters only in better class racing. I’ve known for some time a very successful bettor who does just this.  There are several advantages to such an approach.  One is that betting becomes much less time-consuming as we’re only betting at major meetings – Festivals and at the weekends, primarily.  Secondly, the markets are much stronger, bookies don’t mind quite as much if we’re backing at Ascot and Cheltenham and not Hereford and Ludlow.  Prices hold up much better, too.  And then there is a suspicion I have that a lot of tipsters actually perform better over the long run in better racing where form is perhaps that little more predictable.

So, mixing this in with sports betting – footie and golf – and I’m hoping we have a heady mix.  Follow the Bet Diary and find out!

So, into the portfolio comes recently SBC reviewed footie service, Football Service 3, to add turnover and strong ROC potential.  I’m also looking at a couple of other services too, that might better fit my racing requirements.  I’m also looking to add a service to the ‘Broxchange’ portfolio which since the exit of Football Investor is lacking.

As for performance this month, well, what a couple of weeks it’s been for Golf Insider.  A 60/1 winner followed by one at 175/1, no less!  It’s wins like these that make the barren patches in between worth suffering, believe you me.  It’s been a cracking time too for Racing Service 2, who went in nicely on a 16/1 winner on Sunday to add to previous profit secured through the Aintree meeting.

Portfolio performance from Monday 1st to Sunday 14th April

‘Main’ portfolio: ROI 15.43%, ROC 5.66%.

Individual Service Performance

Racing Service 1: Staked 21pts, -10.5pts.

Football Lay Profits: Staked 158.55pts, +10.16pts.

Football Service 3: Staked 26pts, +4.47pts

Golf Insider: Staked 57.5pts, +206.25pts.

MVS: Staked 21pts, -8.25pts.

Northern Monkey: Staked 7.625pts, -1.543pts.

Football Service 2: Staked 20.25pts, -1.067pts.

Racing Service 2: Staked 10.25pts, -3.75pts.

Racing Service 3: Staked 20.5pts, +36.4pts.

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