We will be logging our results on this page each month.
Results are based on a level stake of a 1pt unit for a win bet, and 0.5pts each way (1pt in total) for each way selections for Mar-May 2017, and scaled for between 1 and 3pts staked per bet from June onwards as advised in each post.
We ourselves, naturally, back every selection we make on the site.
Mar ’17: Bets 99 Result +20.75 Gross Return +21%. Pool Return +41.5% Commentary
Apr ’17: Bets 110 Result +32 Gross Return +29%. Pool Return +64% Commentary
May ’17: Bets 116 Result +17.25 Gross Return +15%. Pool Return +34.5% Commentary
Pool Return & Gross Return
Expressing the results of a betting strategy is generally done on a pool or kitty basis. This is similar to a concept of Return on Investment. The idea being that a certain amount is set aside, the investment, this is split into a number of unit stakes, bets are placed, and returns are expressed as a percentage movement in the pool over a period of time.
In our case our period is a calendar month, and we use 50 unit stakes (50 is the norm, such as one exists – too many fewer could leave the kitty exposed to long losing runs, any more and that’s probably too many losers anyway).
We reset our unit stake as 1/50 of the current pool at each month end – as such returns are compounded monthly.
Gross Return is the profit expressed as a percentage of gross amount staked in a month. This is a measure to note, but less relevant than the pool return. An example to illustrate this would be if you took £100 to a Blackjack table and gambled for 5 hours and came back with £150, you would consider this a 50% profit (a pool return). You would not add up all the amounts staked during the game (lets say £500) and consider it a 10% profit (a gross return).