[Kev the Brit]

Hi guys,

Since 10/13/12:
(Risk 1 unit (back 1 horse) every UK race every day, except evening meetings ending after 8.30pm)

Totals brought forward from Week 20:
2914 units bet so far, returning 3327.16 units at the Betfair Starting Price, producing a profit of 413.16 units, with an average 14.18% ROI per bet.

Mar 10 (end of Week 21): 147 bets, returning 186.5 units, producing a profit of 39.5 units, with an average 26.87% ROI per bet.

Totals to carry forward to Week 22:
3061 units bet so far, returning 3513.66 units at the Betfair Starting Price, producing a profit of 452.66 units, with an average 14.79% ROI per bet.

Lowest recorded av ROI per bet since inception: 11.17% recorded at end of racing on Dec 31.
Longest losing streak: 33 races (-33 units) from 4.30 pm Feb 26 to 3.20 pm Feb 27.
Greatest overall fall on the Profit line: 127 units lost; from +311 units (Dec 11) to +185 units (Dec 26).
Greatest overall climb on the Profit line: 312 units profit; from +185 units (Dec 26) to +497 units (Feb 11).

Av No of units bet per day is approx 20 units.
Strike rate (wins per 100 bets): 13.26
Av ROI per bet is approx 15-20%.
Therefore, average profit per day is approx 3-4 units.

Weekly Summary: A solid week overall, producing above average profits. The previous week's losses (2nd worst since inception) were almost recovered. The system now needs to recover another 45 units to match the highest ever mark on the P/L line.

I will continue to research methods of instant messaging to anyone wishing to try this system. In some cases the pick cannot be determined until shortly before the post time, hence the need for instant messages. On rare occasions the pick cannot be made until just after the race starts when the Starting Price is known.

Trial Proving Period - Now Extended
Understandably, people were commenting that my previous updates said nothing and proved little, because I was not posting the details of the bets before the races. So, for a short period from Feb 18 until Mar 27, with a few absent days, I will be posting the picks before the races to provide a snapshot of the system's performance. After Mar 27 I will be away from my pc for extended periods until Nov 2013 so I will not be able to send pre-race information on a daily basis.

Progress Chart

I've attached an excel chart of the system's progress since inception (Oct 13 last year).

Regards
Kev