Eight months ago today, with a Christmas trip to Edinburgh planned, I drafted my introductory post about an exciting, new trial.
I loved its track record, I loved the one-bet-a-day idea, and I loved the service provider’s complete transparency when it came to recording results.
I was ready to love Layer Of Profit so very much….
Sadly though, like too many love stories, it wasn’t meant to be.
Instead, 200 bets and eight long months later, love has let me down. 🙁
It all began so well too.
I ran five banks of £5,000 each, and all of them initially added profits. One of them – the ratcheted staking plan – rapidly attained what proved to be a trial high point of £7,232.
It was heady stuff.
I can’t bring myself to recount all the ups and downs since then, but essentially we’ve endured six relentlessly miserable months.
To the immense credit of the Layer Of Profit team, their “results” link lists the whole sorry story.
They even generously offered three free months to anyone unlucky enough to join during a tumultuous February.
But to no avail.
For no matter how much I wish it were not the case, the fact remains that Layer Of Profit has significantly under-performed.
The final trial statistics don’t make easy reading.
I ran five separate banks of £5,000, and they all ended up in arrears.
- £100 Fixed Liability – £4,412 (a total loss of 11.8%)
- £100 Fixed Stake – £4,048 (over 19% down)
- 2% Fixed Liability – £4,388 (down 12.2%)
- 2% Fixed Stake – £3,879 (down 22.4%)
- In-Play £100 Fixed Stake – £3,590 (down by 28.2%).
The pre-race and in-play strike rates were similar: 66.7% for the former, and 70% for the latter. Both fell well short of what was required.
But I really have little choice, as it’s been a painful experience.
Frankly, I’m glad it’s over.
I thought one-a-day betting would be simple and carefree, but it’s been anything but.
Long, losing runs played out in slow motion, dripping misery into my brain like Chinese water torture.
So even though the whole world seems to love Layer Of Profit, I have to “fail” it. And I’m sorry, as I had such hopes.
I do earnestly pray it promptly goes on a barnstorming run.
No doubt it will!
But I won’t be on board.