Its been nine losing days in a row, and I am forced to reduce staking considerably after this dire run. I will be cutting down SLH's stakes to £40/point and reducing HBI to £20/point. Equine Investments have done well so will remain at £75/point, and Tipping Legends, despite a slight dip, are still up so will remain at £30/point. I am considering cutting some of the golf tipsters, just feels like I have too many at the moment. Undecided as yet what to do.
Its a bit of a sad day for me really, having to cut stakes at such an early stage. Its been an absolute horror run for the tipsters, not just those on this experiment but many others as well. Hopefully I will look back one day at this as such a temporary blip, a moment when I held my nerve and saw things through to reach better days on the other side. But then again, a month or two more of this and my banks will be empty and the experiment will have failed.
I said at the start that the one thing you need in an experiment like this is a good start, to build the banks to allow for a losing run. Although November was a good month, the dreaded horror run has ensued and has started to put things in jeopardy. I know it must be galling for someone like JP who has lost over 20k in the matter of a few weeks, but at least he was over 60k up before that happened, so can afford a few losses. Its tough when a disaster hits so early.
Results for 14.12.09
Tipping Legends
3.50 - Wol - Home - 2pts win @ 10/1 LOST -£60
0.5e/w dbl - Home & Iguacu LOST -£30
Pricewise Extra
1pt win Sir Bumble 7.2 LOST -£50
Steve Lewis Hamilton
Dawn Choir @ 11/2 LOST -£50
Oncle Kid @ 11/2 LOST -£50
e/w dbl above two LOST -£50
TOTAL FOR 14.12.09: -£290
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