by people s greed and naivety when it comes to gambling/investments and sadly today in the post (p19) there was another example with a sum of £25,000 lost to a fraudster involving a promise of doubling/trebling money invested .i am not trying to be clever or smug those who know me could vouch to that ........... i have been there and learnt my lesson as i will describe later and i now live n die by the saying "if it sounds to good to be true it probably is " i would bet 1.01 that it definately is and thats a 1.01 shot that wont be gubbed !! always do you own research on the service you may be thinking of joining , xyz in the post may advise 3 winning bets on the trot but take a step back and ask yourself ............. how easily are the prices attained ? how about before the 3 winning bets ? try and ask current members about the service, this is easily done thesedays with the various forums about, try and get 12 months worth of results , my day revolves around the 3 messages i receive with my laptop loaded up with all my bookies so i stand a decent chance of "getting on" at the best possible prices, the bottom line is all about fine margins ,in the long run its so important to make the effort of getting the best price possible, i can ring the call back times without fail other people cannot due to their employment , this is a important issue to take into account as these services move the markets .
so how did i learn my lesson ................... well it was the early nineties i was a big player of the spreads i had a decent liquid lunch and noticed a snooker market that had reached the semi final stage one player looked like going home he was 71/72 with one firm and 76/77 with another on the tournament indices , i bought at 72 and sold at 76 for my max allowed , this is a piece of pi$$ i thought !! i got home deposited some margin money and "arbed" some more ,i remember a phone call made to a spread company "hoping for a recovery from macmanus sir ?" i just said yes , but was thinking to myself no im just having some "free" money ............... well mcmanus duly lost and i counted my decent profit of 4 x my stake
a week or so went by and i got my statements through one showed a profit the other a larger loss ............. the buy @ 72 made up 70 minus 2 pts and my sell @ 76 made up 75 yes 75 !!!!!! a profit of 1 pt i was not playing on a level playing field , it was not a huge hole but i felt an idiot !!!
two lessons learnt .............. never play whilst drinking and no such thing as "free" money !!!
looking forward to the isiris message tonight .....................
ISIRIS
main account 3.55 catt A £200 @ 5/6 unpld -£200
3.55 catt forty B £ 200 @ 6/1 WON +£1200
insiders 2.00 ling C £50 @ 7/2 unpld -£50
main account +£3218.65
insiders -£1446.76
cum p/l +£1771.89
MARK HOLDER
no bets advised +£1861.32
OPTIMUM RACING
cheltenham bets advised -£3519.81
PERSONAL TRADING
a quiet day personally non too successful either ............. i played in a couple of races place laying silistra in the 4.15 font and diamond vein in the 4.25 catt both on concerns from MH , well silistra won and diamond vein was unplaced , not too much damage and it could have been worse i could have layed them in the win mkt but i try to have a 5/1 cap on laying in the win mkt , silistra cost me £170 laying £80 and i won just over £60 having £62.5 matched on diamond vein @ 3.4 , a loss of £110 on the day .
cum p/l +£2381.32
THE30KCHALLENGE ............................ +£2494.72
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