At the start of the year we set up a portfolio that we could showcase to show people how this way of betting can drastically improve your betting and provide a decent second income.
In the first week of January we took the best performing tipsters from the BetKudos platform and put four of them into a portfolio.
Using something called a logarithm and some experience, we constructed a bank and stakes that would not only protect the bank from ruin but make sure we could exploit the winning runs and make a profit.
So what happened to the portfolio in January and February?
The services we selected were –
Race Day Diva
As you’ll see in the original article we assigned a starting bank of £500.
Below you will see how each service fared and what the positions were for the month of January and February using the staking plan we set up in the original post.
Renegade Racing = +£34.41p
The Knack = -£13.92p
The Judge = +£194.00p
Race Day Diva = +£216.97p
So you can see that the only service that lost was The Knack. However this loss was covered by the profit made from the other services. This is why portfolio is the best way to bet because when one service is doing well it covers the losses from another. This works vice versa as well. So in time when say Race Day Diva is losing then The Knack could hit a winning streak and cover those losses.
This portfolio will be running for a total of three months so we need to keep in mind the subscription costs as well.
The total profit of the portfolio above came to £431.46p. By taking out 90 day subscriptions on all four services, January and February would of cost you £297.60p in membership.
That gives us a total of £133.86p after costs.
Our new bank now stands at £633.86p. We will keep this as it is and will compound our profits after the 90 days is up.
I appreciate that the profit is not mind blowing stuff but this is all about patience and building the bank up slowly and surely. Once the 90 days is up we can then look to compound any profits and move onto the next level by reviewing the performances. You’ll be surprised how quickly come the summer we should start to see some real gains.