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£20 Daily Challenge - All Welcome


BillyHills

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18 hours ago, The Equaliser said:

It was so well in at the weights wasn't it? And its best runs were over 6f.  3rd of 4.  19.60 points profit.

C/fwd = + 12 points profit.

You never know I might catch up with @Valiant Thorin September yet 🙂

 

Just a point to educate you (difficult task I know but to quote Alexander Pope "Hope springs eternal")
£20 challenge =back to 20pts or Lay to 20pts
Laying is the inverse of backing, therefore when laying ( backers stake = Liability/(lay odds -1)
Therefore when you lay to 20pts you do not back @ the lay price which is what you are doing 🙄
You lay to a liability of 20pts

Lay to 20pts liability
2.10 Plum Galata Bridge...20/(1.38-1)=52.63 (backers stake)
3.00 Bev Brando ....20/(1.7-1) =28.57 (backers stake)

Results should read
2.10 Plum Galata Bridge.....WON....-20pts
3.00 Bev Brando ....LOST....+28.57 (multiplied by 1-comm rate)
Total Profit C/fwd +8.57

I find its always better to do things correctly .
As for catching me up , this will be my last post in this thread until you do and going off your past performances it will be my POST ULTIMUM  as they say.
 

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17 minutes ago, Valiant Thor said:

Just a point to educate you (difficult task I know but to quote Alexander Pope "Hope springs eternal")
£20 challenge =back to 20pts or Lay to 20pts
Laying is the inverse of backing, therefore when laying ( backers stake = Liability/(lay odds -1)
Therefore when you lay to 20pts you do not back @ the lay price which is what you are doing 🙄
You lay to a liability of 20pts

Lay to 20pts liability
2.10 Plum Galata Bridge...20/(1.38-1)=52.63 (backers stake)
3.00 Bev Brando ....20/(1.7-1) =28.57 (backers stake)

Results should read
2.10 Plum Galata Bridge.....WON....-20pts
3.00 Bev Brando ....LOST....+28.57 (multiplied by 1-comm rate)
Total Profit C/fwd +8.57

I find its always better to do things correctly .
As for catching me up , this will be my last post in this thread until you do and going off your past performances it will be my POST ULTIMUM  as they say.
 

Ok Mate.  I would never wish to deprive PL members of your posts since I believe that they profit by following you.  I will not post on the £20 Challenge any more.

I wish you could be a bit more cheerful sometimes.

 

 

 

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42 minutes ago, Valiant Thor said:

Im an engineer , unless things are correct and in order we as a species are not cheerful

Are you a glass half full, or a glass half empty type of person ?, ... or as an engineer, .. why is the glass not big enough ? 😁

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12 hours ago, gbettle said:

Good luck all.

 

event_date Time Course Selection betfair position
2021-09-22 13:40:00 Listowel Favori De Champdou 1.81  
2021-09-22 14:45:00 Listowel Farout 1.76  
2021-09-22 15:55:00 Listowel Magic Daze 1.86  
           
           
Bet Total Outlay Total Return Total Profit    
Trixie 20.00 (4 bets of 5.00) 78.76 58.76    

What a weird day

event_date Time Course Selection betfair position
2021-09-22 13:40:00 Listowel Favori De Champdou 1.81 NR
2021-09-22 14:45:00 Listowel Farout 1.76 2
2021-09-22 15:55:00 Listowel Magic Daze 1.86 NR
           
           
Bet Total Outlay Total Return Total Profit    
Trixie 20.00 (4 bets of 5.00) 5.00 -15.00    

 

Month bets outlay return profit
8 31 620 703.98 83.98
9 22 440 401.78 -38.22
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9 hours ago, Valiant Thor said:

Just a point to educate you (difficult task I know but to quote Alexander Pope "Hope springs eternal")
£20 challenge =back to 20pts or Lay to 20pts

To be fair the challenge is to use £20 at the bookmakers so you would have to lay less than £20 for odds on.

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16 minutes ago, MCLARKE said:

To be fair the challenge is to use £20 at the bookmakers so you would have to lay less than £20 for odds on.

:unsure More rather than less, surely? If I lay £40 at 1.5 I'm risking £20 which meets the brief of the thread. I'd have to lay less if the selection was odds against, e.g. I could only lay £10 at 3.00 to risk my £20.

I'm fairly new to laying in any real volume but that's how I see it in terms of the mechanics on the exchange. I enter the stake I want to lay which determines my liability. For the purpose of this thread the liability would need to be £20 rather than the stake.

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1 hour ago, harry_rag said:

:unsure More rather than less, surely? If I lay £40 at 1.5 I'm risking £20 which meets the brief of the thread. I'd have to lay less if the selection was odds against, e.g. I could only lay £10 at 3.00 to risk my £20.

I'm fairly new to laying in any real volume but that's how I see it in terms of the mechanics on the exchange. I enter the stake I want to lay which determines my liability. For the purpose of this thread the liability would need to be £20 rather than the stake.

Ok I admit I made a mistake by using the wrong stakes and of course his Lordship was right.  Pity he threatened to stop posting if I continued to do so because I would have given him a run for his money.  Not scared was he?

 

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event_date Time Course Selection betfair position
2021-09-23 13:45:00 Pontefract Eldrickjones 1.34  
2021-09-23 15:05:00 Perth Clondaw Hollow 1.83  
2021-09-23 18:00:00 Wolverhampton Kaboo 1.81  
           
           
Bet Total Outlay Total Return Total Profit    
Trixie 20.00 (4 bets of 5.00) 63.14 43.14    
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14 hours ago, gbettle said:

 

event_date Time Course Selection betfair position
2021-09-23 13:45:00 Pontefract Eldrickjones 1.34  
2021-09-23 15:05:00 Perth Clondaw Hollow 1.83  
2021-09-23 18:00:00 Wolverhampton Kaboo 1.81  
           
           
Bet Total Outlay Total Return Total Profit    
Trixie 20.00 (4 bets of 5.00) 63.14 43.14    

:nana Kerching!

event_date Time Course Selection betfair position
2021-09-23 13:45 Pontefract Eldrickjones 1.34 1
2021-09-23 15:05 Perth Clondaw Hollow 1.83 1
2021-09-23 18:00 Wolverhampton Kaboo 1.81 1
           
           
Bet Total Outlay Total Return Total Profit    
Trixie 20.00 (4 bets of 5.00) 63.14 43.14    

 

First time since the start of the month in profit ... so no jinxing! 

 

Month bets outlay return profit
8 31 620 703.98 83.98
9 23 460 464.92 4.92
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event_date time course selection betfair position
2021-09-24 13:00 Haydock Lockerbie 1.66  
2021-09-24 13:15 Newmarket Al Jaddaf 1.49  
2021-09-24 17:35 Listowel Pink In The Park 1.85  
           
           
Bet Total Outlay Total Return Total Profit    
Trixie 20.00 (4 bets of 5.00) 64.38 44.38    
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