A brilliant winner from JC yesterday in the shape of Chaninbar in the 2.15 at Taunton. Tipped up at 10/1 as a 3-point win bet, I got on at 8s but then it drifted to an SP of 9/1. A bold call but it came home by 2 and a half lengths and that bet alone puts a slightly different complexion on the month.
Sadly EI couldnt follow up with up a winner, Bertoliver getting pipped close home at Kempton proceeded by Zegna who ran no sort of race at all.
Yesterday's winner caps off a great four-month stretch for JC and perhaps marks a return to the days of old. Let's hope so anyway. If he could emulate the form of 2008, when the service managed over 400 points profit and an ROI of something like 40%, it certainly would be something to savour.
So just one day left in 2009. It's not been a great year for me, both personally and betting-wise, and I'm happy to see the back of it to be honest. I feel like it was a steep learning curve for my betting, as it was the first time I started following tipsters other than just Bettingzone's golf service and I wasted a lot of money on rip-off merchants and losing services. I feel much better placed now to judge tipsters and feel I have a reasonably good portfolio, perhaps just in need of one or two tweaks.
I think one of the easiest mistakes to make when you step into the world of tipsters and portfolio betting in particular is to chop and change quickly, dropping good tipsters as soon as they have a bad run and looking for the next promise of instant riches. Sadly it is not about instant riches, but about slow and steady profit, and building your banks over time. Tipsters who can demonstrate an edge over the bookmakers year after year are a rare thing, and when you find them you should stick with them. The other thing you need to have is a large enough betting bank to cover losing runs, which inevitably will happen. I would say not having a big enough bank is the most common mistake amateurs make when starting out in this game.
The other mistake I made this year was to get involved too much in things I didnt know much about, and betting without much of a plan. I will be cutting this out in 2010 and only betting to rigidly defined strategies and staking. I have come to the conclusion that this is the only way to make profit in the long run. It seems to be the one thing all professional gamblers have in common. That may mean an end to in-running golf betting for me, which would be a shame as I quite enjoy it but I think if I take a cold hard look at things then virtually all my profit comes from pre-tournament bets rather than in-running, so unless I totally overhaul my strategy, it will have to go.
On the positive side of things, I have made some progress in designing my own football strategies and will be trialling these in the New Year.
So, on a final note, Happy New Year to all and lets hope 2010 is a better year.
Results for 30.12.09
Tipping Legends
2.15 Tau - Chaninbar - 3pts win @ 9/1 WON £810
Horse Betting Index
6.50 Kempton ATHWAAB 2PT WIN @ 6/1 LOST -£50
3.05 Lingfield BIG NIGE 1PT E/W @ 20/1 PLACE £75
Equine Investments
Zegna - 1.5pts win @ 4/1 LOST -£113
Bertoliver - 1pt win @ 9/4 LOST -£75
Pricewise Extra
1pt win Tokpela at 14/1 LOST -£30
TOTAL FOR 30.12.09: £617
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