One of the most tortoise-like trials ever on my site has been the one we’re still doing on Adam Wilkes’ Profit From Racing.
We reached the two-thirds stage back in October 2015, with 128 bets having been placed over eight months: and the betting bank up by around 22%.
This had all been achieved by betting at Betfair SP, with a price ceiling of 6.6, at a fixed £50 liability.
And there wasn’t a bot in sight: I was able to do it all via my browser.
My only worry was that it all seemed a little too easy…. too simple… maybe even too good to be true.
So, did Profit From Racing maintain its stately progress in months #9 and #10?
Or were the good times about to come to a shuddering halt?
I’m afraid it couldn’t last!
We’ve had a tough couple of months that have involved giving back the bulk of our previously accumulated profits. 🙁
|Profit From Racing||Whole Trial||This Time|
|variable 5%||fixed £50||variable 5%||fixed £50|
|no. of bets||157||157||29||29|
As you can see, just a small variance in the strike rate has been enough to throw us off track.
And of course, as there are so few selections with this service, it seems to take an age to recover from any significant losses. 🙁
The complete results log for months #9 and #10 looks like this.
|Date||Venue/Horse||Position||BSP||BSP if <= 6.6||liability||p/l for race||Total (%age liability)||p/l to fixed £50 liability||Total (£50 liability)|
|09/10/2015||NEWTON ABBOT 16.35 – Jayandbee||4th||6.61||No Bet||£0||£0.00||£1,199.28||£0.00||£1,223.22|
|10/10/2015||HEXHAM 16.10 – Perseid||8th||4.6||4.6||£60||£15.82||£1,215.10||£13.19||£1,236.41|
|13/10/2015||HUNTINGDON 14.40 – Keychain||3RD||5||5||£61||£14.43||£1,229.53||£11.88||£1,248.29|
|15/10/2015||UTTOXETER 17.10 – Wild Desert||7th||9.37||No Bet||£0||£0.00||£1,229.53||£0.00||£1,248.29|
|17/10/2015||FFOS LAS 15.50 – Minella On Line||2nd||4.88||4.88||£61||£15.05||£1,244.58||£12.24||£1,260.53|
|19/10/2015||PONTEFRACT 17.40 – One boy||6th||4.9||4.9||£62||£15.16||£1,259.74||£12.18||£1,272.71|
|22/10/2015||LUDLOW 16.15 – Jayandbee||3rd||5.63||5.63||£63||£12.92||£1,272.66||£10.26||£1,282.97|
|24/10/2015||CHELMSFORD 20.10 – The Gay Cavalier||4th||5.57||5.57||£64||£13.23||£1,285.89||£10.39||£1,293.36|
|26/10/2015||LEICESTER 16.05 – Uncle Dermot||1st||4.45||4.45||£64||-£64.29||£1,221.60||-£50.00||£1,243.36|
|28/10/2015||NOTTINGHAM 15.50 – Cabuchon||5th||7.11||No Bet||£0||£0.00||£1,221.60||£0.00||£1,243.36|
|29/10/2015||SEDGEFIELD 14.30 – Jac The Legend||1st||3.55||3.55||£61||-£61.08||£1,160.52||-£50.00||£1,193.36|
|31/10/2015||AYR 14.55 – Plus Jamais||3rd||10.44||No Bet||£0||£0.00||£1,160.52||£0.00||£1,193.36|
|02/11/2015||LUDLOW 15.15 – Upbeat Cobbler||1st||5.31||5.31||£58||-£58.03||£1,102.49||-£50.00||£1,143.36|
|04/11/2015||CHEPSTOW 15.50 – Newton Thistle||7TH||9.61||No Bet||£0||£0.00||£1,102.49||£0.00||£1,143.36|
MUSSELBURGH 15.05 – Maraweh
|06/11/2015||HEXHAM 14.50 – Willie Hall||3rd||5.53||5.53||£52||£10.98||£1,058.35||£10.49||£1,103.85|
|08/11/2015||FFOS LAS 15.15 – As De Fer||2nd||4.48||4.48||£53||£14.45||£1,072.80||£13.65||£1,117.50|
|10/11/2015||LINGFIELD 13.30 – Albatros De Guye||1st||5.1||5.1||£54||-£53.64||£1,019.16||-£50.00||£1,067.50|
LUDLOW 16.00 – Scales
|13/11/2015||CHELTENHAM 14.50 – Josie’s Orders||1st||4.7||4.7||£48||-£48.41||£919.79||-£50.00||£967.50|
|16/11/2015||PLUMPTON 14.35 – Moreece||4th||4.4||4.4||£46||£12.85||£932.64||£13.97||£981.47|
|18/11/2015||CHEPSTOW 14.30 – Boyfromnowhere||8th||4.7||4.7||£47||£11.97||£944.61||£12.84||£994.31|
|20/11/2015||ASCOT 14.40 – Ballinvarrig||4th||5.03||5.03||£47||£11.13||£955.74||£11.79||£1,006.10|
|22/11/2015||EXETER 16.00 – Legion D’honneur||4th||4.4||4.4||£48||£13.35||£969.09||£13.97||£1,020.07|
|24/11/2015||LINGFIELD 14.30 – Minstrels Gallery||4th||5.4||5.4||£48||£10.46||£979.55||£10.80||£1,030.87|
|25/11/2015||FONTWELL 14.10 – City Supreme||5th||3.16||3.16||£49||£21.54||£1,001.09||£21.99||£1,052.86|
|27/11/2015||MUSSELBURGH 14.55 – Castlelawn||3rd||5.55||5.55||£50||£10.45||£1,011.54||£10.44||£1,063.30|
|28/11/2015||BANGOR 13.35 – Safran De Cotte||7th||4.9||4.9||£51||£12.32||£1,023.86||£12.18||£1,075.48|
|01/12/2015||WOLVERHAMPTON 17.40 – Casacadia||9th||5.61||5.61||£51||£10.55||£1,034.41||£10.30||£1,085.78|
MARKET RASEN 14.55 – Optical High
CHEPSTOW 15.05 – Elenkia
CHELMSFORD 15.40 – Mythical Madness
|09/12/2015||LINGFIELD 14.55 – Vale Of Iron||4th||3.6||3.6||£47||£17.23||£960.42||£18.27||£1,014.38|
|10/12/2015||BANGOR 13.30 – Take The Mick||2nd||4.9||4.9||£48||£11.70||£972.12||£12.18||£1,026.56|
You can download the complete results log for the trial here.
It’s been a shattering couple of months with Profit From Racing.
My satisfaction at having found a service that effortlessly accumulated steady profits has all gone.
Instead, I find myself complaining that just a small drop in the strike rate has had such a profound effect on the bottom line.
And suddenly the slow and steady approach looks painfully inflexible.
I now find myself wanting more tips quickly so that we can get back on track!
Here’s hoping that all is not lost.
I’ll be back in February 2016 with my twelve-month report.
In the meantime, you can find out more about Profit From Racing here.