Ok, so I have been testing the Little Acorns Lay system for 1 week now. Initial impressions are good and I can see that the service does have the potential to churn out constant small profits.
I have a fairly large betting bank but have decided to start with £5 stakes whilst I get the hang of the system and see whether the author’s claims of bringing in 7 – 35 points per month are true.
I have a spreadsheet set up for my progress which also lists my staking plan and shows my maximum exposure and loss…
As you can see, if I were to go on a losing run of 6 selections I would need to lay £65 on my 7th bet. I would also require a bank of at least £165 to stand the losses gained.
During the first week I placed 16 bets and had 7 winners:
|Date||Selection||Lay Odds||Lay Stake||Win||Loss||Cum P/L|
|Down Royal 16:10||1.65||£5.00||-3.25||-£2.75|
|09-Nov||Market Rason 15:10||1.91||£5.00||-£4.55||-£2.35|
During the 7 days the longest losing run was just 2 races meaning my largest total exposure on the 3rd selection was £20.00.
With a strike rate of just under 50% I found it frustrating that I would reach profit and then see it disappear almost straightaway however on the last day of week 1 I spotted the opportunity to slightly adjust my staking plan in order to (hopefully) increase my profits. More on that here.
A profit of £13.00 however from £5 stakes in week 1 looks promising. Had I gone in straightaway at £20 stakes I would have had £52 in my account. I’m not quite ready to jump in at that much just yet tho – let’s hope week 2 continues in the same way…