Onepoundtipster Workshop
As promised I have now analysed the last 9 days selections.
We have had 39 selections with 35 being successful giving a strike rate of just under 90%. With average odds (Betfair SP) of 9.04. Using 15% liability of a £1000 bank and compounding it after each win the profit is £227.17. But when using £10 level stakes the results are very disappointing with a loss of £104.80 all totals include the 5% Betfair commission. This led me to look further at the results because any system will always be based on level stakes. The cut-off odds were set at 20.0 which after reflection are too high, but this also why I decided on a % liability stake for these selections.
I looked at the results with an upper level of 10.0 and what a difference the average odds came down to 5.67. We had 22 out 24 selections winning. The % liability plan was an incredible £500.52 in profit and the level stakes are also in profit by £104.80 again all figures include the Betfair commission.
I will start again tomorrow with the selections but will monitor both cut-off points to see how it works out long term.