9th November 2011

Hi Bloggers, Inspector Colin here, with the results for Days 18 & 19 of Lay of The Day, published by ZeroHype.

Nothing on Sunday or Monday. A selection for Tuesday, quoted at 11.5. However, this came in at a rate of knots, ending at 5.26 (I layed at Betfair SP).  A comfortable win as the horse was a fairly distant third.

A selection today too, at lower odds of 8.8. However, by the time I placed the bet, it had drifted to 13 (ended at over 17). It was well clear until just over a furlong out, but was comfortably chased down by the favourite (fortunately!).

I’m monitoring against fixed stakes (a 30 point liability per bet or 3% of the original bank), and using the recommended staking provided by Lay of the Day.

Hit rate at 85.7% overall we have the following results:

Fixed Stake

Days 17 & 18 : Stake 60 points, Odds 7.3,      Gain 9.1 points

Cum:    Stake 630 points,   Odds 8.69,      Loss (-30.9) points.

ROI (-4.9)%. Bank (from 1000 start)  969.1 (down 3.1%).

Recommended Stakes

Days 18 & 19 : Target profit 2 points, Stake 16.26 points, Gain 1.9 points

Cum: Target profit 32 points, Stake 266.9 points, Loss (-5.24) points.

ROI (-2.0)%.    Bank (from 500 start) 494.76 (down 1.4%)

With 3 losing bets so far, two of which were at significantly shorter than average odds, the safest staking methodology has been “fixed profit target” – not “fixed liability”.

Inspector Colin

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Insp Colin  Lay of the Day – Day 17