I hope you guys managed to follow the “Another Winning System” from last Thursday’s article, as it found the winner in the 4.10 Cheltenham – Remiluc at a tasty 20/1! Sometimes, it’s best to keep things simple and when that “simple” finds winners at those prices, it’s hard to disagree!
If you missed last week’s article – Click Here To Read More
This week, I wanted to look at portfolio betting and why it’s essential to anyone wishing to make a profit from their betting. I’ll be looking for services to follow, staking plans and how best to manage the whole thing.
I trial a lot of tipsters and spend a heap of time looking and following the proofing on the Betfan proofing pages. You can view all of our services, here.
For the purposes of this article, we’re going to concentrate on a portfolio of 3 tipsters. They are –
Let’s assume that we joined on the 1st January 2018 and have £1,000 as our total investment. The first thing we obviously need to do is to allow for the subscription costs. The total cost of joining all three services (on a monthly basis, it would be cheaper if you subscribed on a quarterly basis) is £171.62. A big outlay but manageable on a £1,000 bank.
We then need to look at how we manage our stakes. Looking through the proofing that we have available to us, we can work out our basic staking.
The Judge 26% Strike Rate
15 Point Plan 26% Strike Rate
Value Wins 35% Strike Rate
We use these strike rates to determine our stake size.
You’ll see in the image below how the calculator has calculated the required stake and how much profit has been made –
We now do this for the other two services –
So, as we come to end of the month, we can see that following the above three tipsters would have seen you more than double your bank after subs have been deducted.
The Judge made £35.31
The 15 Point Plan made £513.70
Value Wins made £637.65
After subs have been deducted our profit would have been £1,015.06.
You could take your original £1,000 back and play with the bookie’s money, or you could change your bank and adjust the stakes accordingly.
Have a play around with various services and see what works for you. You’ve got the right tools and information to build your own successful portfolio, now!
Back next week with a look at more useful ways to make your betting pay 🙂