I wrote last week about the term Longcoat and effectively what it is I do for a living. How times have changed and in some respects it’s got easier but in others much harder. With access to so much information readily available anyone who puts the effort in can make it pay.
It seems the word on the street at the moment is how difficult it is to find any decent winners. There are a few out there who seem to be doing well but generally myself and my team are struggling. MATR is doing okay hovering around the break even point and I’m confident I’ll turn this round. We even experienced a no bet day this week which rarely happens as there was just no information coming through. Connections are entering horses with a certain type of ground in mind and then on the day it changes. I’m genuinely surprised we have not seen more non runners.
Anyway enough of the negativity, that’s horse racing and it’s happened and it will happen again. All in all I’m still in front for the year so I’m sitting tight for now. Someone asked me last week how do I ride out the bad times and it made think about it a lot. I’m so used to it now that it doesn’t effect me. But what of the average punter? It must be a nightmare when people go through a losing streak when betting. It all comes down to the size of your bank. If you’ve done your homework and got your bank size right you shouldn’t have to worry.
I always say that if you’ve experienced 10 losers in a row then you should be betting with a 50 point bank. That way if you hit 10 losers in a row then you’ve still got 40 points to bet with. It takes time but I assure you that if you get your bank right then you’ll show less concern when hitting that inevitable losing run.
A short post this week as I focus on making sure that my members make a profit this month. Remember to check out the proofing as MATR continues to make his members money month in month out.
Back next week, MATR