Win Backing System

[The Accountant]

15 hours ago, Yalwen said:

If commission is not taken then that impacts on the daily profit/loss figures, which impacts on the bank, which impacts on the next days stake.  It also means that the final figure for the cycle is incorrect.

That's absolutely 100% Yalwen; I'm posting my results using BSP; if you wish to ignore my selections, use them in a different format, go with BOG, take 5% commission off the results, or 2% or whatever, feel free; if you don't like how I'm running the thread then feel free to ignore it or if you wish to start another thread yourself work away. Thanks for taking the time to comment and hope you are enjoying the picks.

[The Accountant]

16 hours ago, MCLARKE said:

I don't think asking for people to pay matches the principles of this site.

No problem at all - I take that on board and thanks for taking the time to post.

[The Accountant]

We'd a slightly mixed day yesterday; slight loss but should have been a nice profit; Secret Minstal had the 17:25 at Haydock won off a BSP of 5.31; traded right into 1.15 but was beaten on the line.

Bank is €930.

06/10/2022 13:00	CHEPSTOW	Bbob Alula
06/10/2022 14:00	YORK	Sagauteur
06/10/2022 14:00	YORK	Hotspur Harry
06/10/2022 14:30	YORK	Explicit
06/10/2022 14:50	SANDOWN	Belhaven
06/10/2022 15:00	YORK	Ey Up It's Maggie
06/10/2022 15:10	CHEPSTOW	Fossos
06/10/2022 15:20	SANDOWN	Jewel In My Crown
06/10/2022 16:20	CHEPSTOW	Blue Hero
06/10/2022 17:15	GOODWOOD	Latifolia
06/10/2022 17:41	NEWTON ABBOT	Bagan
06/10/2022 17:49	GOODWOOD	Sir Min
06/10/2022 18:51	NEWTON ABBOT	Leapaway
06/10/2022 19:26	NEWTON ABBOT	Imperial Joe
06/10/2022 19:34	GOODWOOD	Mercian Hymn
06/10/2022 20:09	GOODWOOD	Melody Of Life

 

Stake is €27.90.

[The Accountant]

Here's Saturdays selections for all; bank & stake will all be updated on Monday.

 

06/11/2022 13:15	BATH	Orin Swift
06/11/2022 13:35	CHESTER	Rock Opera
06/11/2022 13:40	SANDOWN	Two Tempting
06/11/2022 14:00	YORK	Bollin Joan
06/11/2022 14:15	SANDOWN	Empirestateofmind
06/11/2022 14:35	YORK	Lion Tower
06/11/2022 14:50	SANDOWN	Caturra
06/11/2022 15:45	HEXHAM	Half Shot
06/11/2022 15:55	CHESTER	Spirit Mixer
06/11/2022 16:46	BATH	Sisterandbrother
06/11/2022 17:05	CHESTER	Athmad
06/11/2022 18:30	WORCESTER	Lord Bryan
06/11/2022 18:45	LEICESTER	Beryl Burton

 

[The Accountant]

Nice results yesterday with Berly Burton bringing in the nicest touch off a BSP of 7.8.

Bank is €899

06/14/2022 13:35	STRATFORD	Eva's Diva
06/14/2022 14:20	THIRSK	Danni California
06/14/2022 14:20	THIRSK	Let Her Loose
06/14/2022 14:45	STRATFORD	Glimpse Of Gold
06/14/2022 15:20	STRATFORD	Arbennig
06/14/2022 16:05	THIRSK	Tamaska
06/14/2022 17:15	THIRSK	Lost My Sock
06/14/2022 17:50	BRIGHTON	Al Khazneh
06/14/2022 18:23	BRIGHTON	Nigg Bay
06/14/2022 18:45	BEVERLEY	Master Richard
06/14/2022 19:15	BEVERLEY	Gracelands Girl
06/14/2022 19:53	BRIGHTON	Poetic Force
06/14/2022 20:15	BEVERLEY	Irv

 

Stake €26.97

[MCLARKE]

You didn't post any selections yesterday !

[Yalwen]

Some anomalies there, unless I'm cracking up, mate.

Beryl Burton was a selection on Saturday at a BFSP of 3.10 and finished 4th of 5, and, as MCLARKE noticed, you didn't post anything yesterday.

By the way, my bank since 6th August stands at £784.20 - in theory anyway, and after paying the commission at 2%.

[The Accountant]

Apologies; here were yesterdays selections; they were listed here but I didn't actually post the same - my fault completely.

06/13/2022 15:45	CARLISLE	Belle Of Annandale	N	3.70	-€23.29
06/13/2022 17:20	CARLISLE	Shalaa Asker	N	7.80	-€23.29
06/13/2022 18:10	WINDSOR	Twelfth Knight	Y	2.48	€34.46
06/13/2022 19:20	NOTTINGHAM	Belisa De Vega	N	5.60	-€23.29
06/13/2022 19:50	NOTTINGHAM	Lenny's Spirit	Y	7.80	€158.35

 

The reference for the winner was for Lennys Spirit, not Beryl Burton; wrong reference but the correct result; Lennys Spirit won at 7.80 yesterday.

[The Accountant]

1 hour ago, Yalwen said:

Some anomalies there, unless I'm cracking up, mate.

Beryl Burton was a selection on Saturday at a BFSP of 3.10 and finished 4th of 5, and, as MCLARKE noticed, you didn't post anything yesterday.

By the way, my bank since 6th August stands at £784.20 - in theory anyway, and after paying the commission at 2%.

For reference my bank today net of 2% commission is €879; as opposed to €899 without commission.

[The Accountant]

A day of near misses yesterday with one selection coming in but several beaten in second having run very well.

Bank is €728

06/15/2022 13:50	HAMILTON	Ghostly
06/15/2022 14:45	UTTOXETER	Secret Secret
06/15/2022 15:20	UTTOXETER	Soul Icon
06/15/2022 15:40	ASCOT	Bay Bridge
06/15/2022 16:00	UTTOXETER	No No Maestro
06/15/2022 16:20	ASCOT	Bashkirova
06/15/2022 16:40	HAMILTON	Glittering Choice
06/15/2022 16:40	HAMILTON	May Punch
06/15/2022 17:10	NOTTINGHAM	Invincible Soldier
06/15/2022 18:50	NOTTINGHAM	Brute Force
06/15/2022 19:10	RIPON	Reel Rosie
06/15/2022 19:40	RIPON	Azure Blue
06/15/2022 20:40	RIPON	Tothenines

Stake is €21.84

[The Accountant]

Indifferent day yesterday; bank moves to €612.

06/16/2022 14:50	RIPON	Cobra Kai
06/16/2022 17:10	RIPON	Appier
06/16/2022 19:40	FFOS LAS	Watergrange Jack
06/16/2022 20:10	FFOS LAS	Francky Du Berlais
06/16/2022 20:40	FFOS LAS	Zucayan

 

Stake is €18.36

[The Accountant]

Was no selections today;

Bank €651

06/18/2022 14:07	NEWMARKET (JULY)	Amanda Hug'N'Kiss
06/18/2022 14:17	PERTH	Castletown
06/18/2022 14:24	AYR	Aasser
06/18/2022 14:30	ASCOT	Legend Of Xanadu
06/18/2022 14:47	REDCAR	Hostelry
06/18/2022 15:22	REDCAR	Wizard D'Amour
06/18/2022 15:27	PERTH	Lucky Flight
06/18/2022 16:07	PERTH	Forgot To Ask
06/18/2022 16:54	AYR	Highlight Reel
06/18/2022 17:09	NEWMARKET (JULY)	Crimson Sand
06/18/2022 17:13	REDCAR	Cotai Class
06/18/2022 17:23	PERTH	Go Bob Go
06/18/2022 19:10	HAYDOCK	Coco Jack

 

Stake €19.53

[The Accountant]

After Saturday the bank drops to €534. Need to get some positive results today, if the bank closes on under €500 today we'll be reloading to €1,000.

06/20/2022 13:05	CHEPSTOW	Gilbert
06/20/2022 14:10	CHEPSTOW	Agapanther
06/20/2022 14:45	CHEPSTOW	Hope Probe
06/20/2022 15:15	CHEPSTOW	Stone Circle
06/20/2022 15:30	SOUTHWELL	Kings Creek
06/20/2022 15:45	CHEPSTOW	Land Of Eagles
06/20/2022 16:15	CHEPSTOW	Mutara
06/20/2022 18:05	WINDSOR	Hello Me

 

Stake is €16.03

[The Accountant]

Bank closed at €545 yesterday; another day of near misses; we're due a few to come in rather than just getting beaten. Small profit yesterday. Here's todays picks;

06/21/2022 14:00	BRIGHTON	Royal Heart
06/21/2022 15:00	BRIGHTON	Silastar
06/21/2022 15:15	BEVERLEY	Myristica
06/21/2022 15:45	BEVERLEY	Coligone Kate
06/21/2022 16:15	BEVERLEY	Haven Lady
06/21/2022 17:10	NEWTON ABBOT	Birds Of Prey
06/21/2022 18:20	NEWTON ABBOT	Belles Benefit
06/21/2022 18:20	NEWTON ABBOT	Gentle Connections
06/21/2022 18:55	NEWTON ABBOT	Little Jessture
06/21/2022 20:00	NEWTON ABBOT	Kauto The King
06/21/2022 20:30	NEWTON ABBOT	My Lady Grey

 

Stake is €16.34

[The Accountant]

Breakeven yesterday; bank is €542.

06/22/2022 13:35	WORCESTER	Elios D'Or
06/22/2022 14:55	CARLISLE	Cassy O
06/22/2022 15:35	WORCESTER	Chess Player
06/22/2022 15:55	CARLISLE	Oscula
06/22/2022 16:05	WORCESTER	Coal Stock
06/22/2022 16:35	WORCESTER	Appreciate
06/22/2022 19:00	BATH	Be Lucky My Son

Stake is € 16.27

[The Accountant]

Todays selections are below;

06/23/2022 14:00	NEWMARKET (JULY)	Eight Of Diamonds
06/23/2022 15:30	NOTTINGHAM	Adjudicator
06/23/2022 16:05	NOTTINGHAM	Stone Circle
06/23/2022 16:40	NOTTINGHAM	Master Grey
06/23/2022 16:55	NEWMARKET (JULY)	Ghadbbaan
06/23/2022 17:15	LEICESTER	Optiva Star
06/23/2022 18:45	LEICESTER	Mostallim
06/23/2022 20:30	HAMILTON	Boogie Time
06/23/2022 20:30	HAMILTON	The Thin Blue Line
06/23/2022 21:00	HAMILTON	Rose Bandit

 

[The Accountant]

Bank is €570

Stake is €17.11

[The Accountant]

Bank falls to €439 so we refuel back to €1,000 for tomorrow and start a new cycle. Loss of €561 taken.

Bank is €1,000; stake is €30.

[The Accountant]

06/25/2022 15:10	CHESTER	Glory Fighter
06/25/2022 16:30	WINDSOR	Lucander
06/25/2022 18:30	DONCASTER	Iconique
06/25/2022 19:30	DONCASTER	Pending Appeal
06/25/2022 20:30	DONCASTER	Gabriella's Spirit

 

[The Accountant]

Nothing from our first day out; two good runs that came in second; with Gabrielles Spirit of note trading into 1.67 off 6.6.

Bank is €880

06/28/2022 13:45	HAMILTON	Shaladar
06/28/2022 14:15	HAMILTON	Frisky
06/28/2022 14:30	BRIGHTON	On The Nose
06/28/2022 15:15	HAMILTON	Charles St
06/28/2022 15:15	HAMILTON	Madame Ambassador
06/28/2022 16:10	BRIGHTON	King Of War
06/28/2022 19:30	CHEPSTOW	Cicely

 

Stake is €26.40

 

[The Accountant]

Tomorrow's selections are below;

06/29/2022 14:10	MUSSELBURGH	Gracelands Girl
06/29/2022 14:20	THIRSK	Global Vision
06/29/2022 14:40	MUSSELBURGH	Bouncing Bobby
06/29/2022 14:40	MUSSELBURGH	Termonator
06/29/2022 15:35	WORCESTER	Give Me A Moment
06/29/2022 15:50	MUSSELBURGH	Irv
06/29/2022 16:55	MUSSELBURGH	Stroxx
06/29/2022 17:50	BATH	Newyorkstateofmind
06/29/2022 19:20	BATH	Zulu Tracker

 

[The Accountant]

Just to note there's be no selections from this Thursday for around 12 days. Will be back then to update the bank/results etc at present we've had 4 cycles;

Cycle 1 - €579

Cycle 2 + €1,022

Cycle 3 + €1,021

Cycle 4 - €561

If we can keep with a 50%+ strike rate across the Cycles I think we'll be doing v nicely indeed

[Wildgarden]

1 minute ago, The Accountant said:

Just to note there's be no selections from this Thursday for around 12 days. Will be back then to update the bank/results etc at present we've had 4 cycles;

Cycle 1 - €579

Cycle 2 + €1,022

Cycle 3 + €1,021

Cycle 4 - €561

If we can keep with a 50%+ strike rate across the Cycles I think we'll be doing v nicely indeed

so is that +10 points on winning cycles and -5 losing?

im om +100 this month

[MCLARKE]

9 hours ago, Wildgarden said:

im om +100 this month

I have this month showing a 19 point level stakes loss (including commission at 2%)

[Yalwen]

1 hour ago, MCLARKE said:

I have this month showing a 19 point level stakes loss (including commission at 2%)

I have similar results on my spreadsheet. The 'staking plan' is ridiculous.

[The Accountant]

Its 3% of the starting days bank on all selections. The starting bank is €1,000; so the first days stake is €30 on all selections. If the bank halves before it doubles that cycle is closed; we take the loss; bring the bank back to €1,000 and start a new cycle. What is so complicated about that Yalwen?

Why are your posts so negative? If you have nothing constructive to say why on earth are you even looking at the thread let alone following it on "your spreadsheet"?? Please be constructive or please stop posting on this thread - feel feel to start up your own thread and post whatever you wish on it.

[MCLARKE]

To be fair to Yalwen it is important to understand the results to level stakes.

I am also sceptical about staking plans.

Your system does appear to be successful although it is difficult to verify this because you exclude commission from your calculations.

 

[Yalwen]

1 hour ago, The Accountant said:

Its 3% of the starting days bank on all selections. The starting bank is €1,000; so the first days stake is €30 on all selections. If the bank halves before it doubles that cycle is closed; we take the loss; bring the bank back to €1,000 and start a new cycle. What is so complicated about that Yalwen?

I didn’t say your staking plan was complicated, I said it was ridiculous. 
I’ll stand by that.

 

[harry_rag]

Here's my take for what it's worth, as an only occasional racing punter and someone who only follows other people's selections on an ad hoc basis. (I don't have the time or inclination to follow anyone else where it entails backing several selections on a daily basis but I'm interested in seeing how any thread does where someone is actually willing to run it for a decent number of bets.) 

• Selections - credit where it's due, the thread's off to a decent start and the selections would appear to be profitable regardless of any "noise" relating to commission or the staking plan. I'd like to see where we are after 10 cycles in terms of a worthwhile sample size.
   
• Commission - I have to agree with the consensus here, the results should categorically factor in commission at 2% which is the minimum most people are likely to pay. I'd suggest that should be done from now on. BSP is a perfectly valid measure for the P/L but it makes no sense to then choose to ignore commission, especially when the staking plan has such specific 50% and 100% targets. The results would have so much more "real world" validity just for the simple step of making the appropriate deduction.
   
• Staking plan - I'm not sure of the merits of such a specific approach to staking but it obviously introduces an element of chance when it comes to how much you end up winning or losing on a particularly good or bad day. I think it's valid to expect a comparison to level stakes. What I'd like to see is, at the end of each cycle, a statement of how much the average stake would have returned if applied as a flat stake to every bet, to compare to the return from the staking plan, e.g. if the average stake is £45 would you have done better or worse just having £45 on every selection. Surely you would want to know if the staking plan is adding value or not? I'd be interested to see how the first four cycles would have done if you'd just had the average total stake on every selection.

[Yalwen]

That's a terrific post, Harry. I don't think that you are asking for anything that is too onerous and it would certainly show much greater clarity. Let's hope that the response is positive.