Saturday, May 9, 2009

Today result......................................

Tennis: -USD1,963.56 Total P&L: -USD1,963.56

Tennis Showing 1 - 10 of 10 markets of 465 markets Market Start time Settled date Profit/loss ($)

Tennis / Montanes v Capdeville : Match Odds 09-May-09 16:55 09-May-09 22:21 276.94

Tennis / Zheng v Kirilenko : Match Odds 09-May-09 16:30 09-May-09 22:04 271.00

Tennis / Benesova v Petrova : Match Odds 09-May-09 16:30 09-May-09 20:55 260.23

Tennis / Bartoli v Wozniak : Match Odds 09-May-09 15:15 09-May-09 19:39 -600.00

Tennis / Safina v Kuznetsova : Match Odds 09-May-09 17:00 09-May-09 18:41 -846.01

Tennis / Berdych v Chardy : Match Odds 09-May-09 15:15 09-May-09 18:21 -23.87

Tennis / Soler Espinosa v Kleybanova : Match Odds 09-May-09 14:00 09-May-09 17:19 144.16

Tennis / Kubot v Karlovic : Match Odds 09-May-09 15:00 09-May-09 16:56 -600.00

Tennis / Wickmayer v Makarova : Match Odds 09-May-09 14:45 09-May-09 16:19 -846.00

Tennis / Brands v Youzhny : Match Odds 09-May-09 14:00 09-May-09 16:09 -0.01



Tennis: -USD3,965.06 Total P&L: -USD3,965.06

All results of the day.................retirement.........

Youzhny = scratch trade 3rd set

Makarova = loser :(

Karlovic = loser :(

Kleybanova = winner

Berdych = scratch trade 3rd set

Kutznetsova = loser :(

Montanes = winner

Bartoli = loser :(

Petrova = winner by retirement 6-0 2-1

Zheng = winner

Zheng , Petrova...............................

I backed

Zheng 1.47

Petrova 1.45

Bartoli......................................

I backed

Bartoli 1.45

Kutznetsova...........................

I backed

Kutznetsova 1.67

Montanes .....................

I backed

Montanes 1.48

Berdych ..........................................

I backed

Berdych 1.69

Kleybanova ................................................

I backed

Kleybanova 1.25

Karlovic ..............................

I backed

Karlovic 1.34

Youzhny, Makarova........................

I backed

Youzhny 1.30

Makarova 1.53

Another posting from ebasson61..................

ebasson61
09 May 12:55



Morning horselover

I hope you don't think I was being too critical, as I think you deserve a lot of credit for the discipline and patience you have shown throughout this thread.I agree that all strategies will have ups and downs and that we shouldn't be diverted from a full and thorough test of a system simply if we have a couple of downturns.

You mention the bet size, but I don't think that's an issue really. If you have an edge, then you can succeed with a £2 bet or a £20,000 bet.You ask how much you should be in the black by now, but I don't think that's a valid question. Personally, I always assess my strike rate against the average odds I'm getting (which I accept is not always easy to do if trading).

For example, to gauge the minimum odds you require based on your current win rate would be:(loss rate / win rate) + commission rate + 1Obviously to gauge the minimum win rate required based on your average odds is the inverse.

Anyway, GL to you.

Question from ebasson61 ................................

ebasson61 09 May 00:18

Hi Horselover

You seem like a serious bettor judging by the number of bets you have placed during this entire thread, but I'm wondering what the point of all this is.If it's just a bit of fun, then fair enough.

But if you're in this to actually make some money, then how long have you estimated it will be before you start seeing any profit? It's been three months now and I think during that entire time you've only been in the black for a couple of days.

I suppose the question is: How long does it take before deciding whether a system is working or not?
-------------------------------------------------------------------------------

my answer


good morning ebasson61

thanks for the question, because you have a point there. but first I have to correct you, I started here 2 month ago. and yes I want to make money here.

I am not a stats guy, but my opinion is that even if I am at the end of a year not in the black and only a low percentage in the red, I think it still doesnt tell me that the strategy is not good.

one guy said that at the end I will make money for betfair. so what? everyone is giving betfair their part :)

the difference to betfair and a casino in Las Vegas is, that betfair will not give me any complimentary.

if I will have a steady downmove, then its time to stop and rethink the startegy. imho, there is no steady downmove yet that I can see.

I think the strategy is a slow upmove one.

there is no strategy without downmoves, even if they are for a few month. sure there are the arbers, courtsiders etc.

and as I said before, even if I am at the end even, comission paid I think that is very good for me. I am sure there are many out there with big losses that would wish to be in this situation not losing a penny.

I am already retired. if I lose my bank, I have another bank to start again if I want. this is a big advantage, not to make a living out of the betting. but for sure it is nicer to succeed.

I am still very confident that I will be in the black at the end. and please understand that I could do it also with 6000 instead of 600 as an initial bet. then even a small win will be a big win moneywise. I will try to go steady up with my initial betting size, as soon I will reach a given plus.

Discipline, Patience and Balls thats what is needed :)

and if all the other people here in this thread are right at the end that I will lose the bank roll with my strategy, I will still have to eat and lost my money and not someone else money.

so lets wait and see and please have patience with me

best of luck