Something a little different today but of course still geared toward helping you to make profits.
The importance of having a portfolio has been covered by myself about a thousand times on this here blog but I’ll be at it again today. There are so many different ways to profit from racing nowadays it can be a little daunting on where to start and go about compiling a portfolio.
So I thought I’d show you today’s bets & trading methods (Monday 5th October 2015). From the excel sheet below you’ll be able to see what I’ve done and who I’ve traded etc –
So you can see the first seven bets are from tipsters that I follow from the Betfan platform. The next bet was a trade as I’d picked that out as being the gamble of the day. I traded that with larger sums of money because I can trade out for minimal risk. Even if the trade had gone the wrong way then I can get out and risk a lot less than my initial investment.
Then there was the free bet trade that I use my wife’s account to secure an almost risk free bet from trading out and getting a free bet should the horse come second. It did so a bit more to add to the coffers!
The last three was my own analysis that I use.
I made a profit today but there are days when I can lose a lot but it’s all within my banks allowance and I’m never concerned about going broke.
I feel I’ve shared enough over the last couple of years that should give you the tools to build up a portfolio like the one above.
We’ve covered trading, free bets, backing systems, losing runs and how to cope with them. I’ve given out free calculators and produced several videos showing how to use and implement all of the above.
If you have any questions or need help with anything then please leave me a comment and I’ll always be here to help 🙂
Back next week with another look at how to trade bets out and the best way to maximise profits.