Just to clarify a few things before beginning. A week or so ago I was comparing my spreadsheets back with the database when I noticed the two were slightly out-of-whack. I decided to wait till month end to correct the figures on the blog.
Firstly February P&L.
Slightly crap but no disaster is how I would sum February up. Given the devastation to racing caused by "environmental factors" at the beginning of the month it should be no surprise to learn the the month is down. In terms of £25 per point I would put that in the region of minus £914.80 after 5% betfair tax. I have been constantly mentioning the missing big odds winners and they are still missing.
Going back to January, I had originally reported a profit of 274 points but after having checked the database the profit for January was actually slightly smaller at 263.38 points after tax.
Not a huge difference but a difference nonetheless. Add that to February's loss and a figure of 226.79 points is arrived at. Given the ROI/POT stands at 28% from 797 bets I'm very pleased so far. As mentioned in the last post a profit year to date of £5,669.00 to £25 level stakes.
Here's two spreadsheets with all the figures. The 1st one shows the level stakes points profit for 2009 and the second shows the profit with a £10,000 starting bank and level stakes bets of £25 per point for 2009 year to date. Ok I admit there's a lot of bets there and quite a handful to manage on a daily basis. If you decide to join my mailing list I'll give you some pointers on how to manage and make a handsome profit. Let's see how March fares. Cheltenham next week and the start of the flat at the end of the month.
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