All Posts Tagged With: "reserve"

Betting results 21 January 08

betting resultsHere is the weekly performance of the betting fund after the betting tips for the football last weekend, 19-21 January 08.  To see the detailed betting results for each game see the Fund page.  With a gain in the betting fund of 12% over the weekend the fund is now 102 days ahead of target.  However, I consider these 102 days as a reserve against 2 things. Firstly, there are no games during the summer months and therefore the fund will not advance whereas the target advances 0.51% every day.  I have marked where the fund needs to be at the start of next season on the About page.  Secondly, there is always the chance of getting hit with a bad loss.  When these hit they hit hard, sometimes up to 25-30% of the fund’s value.  This would translate to a setback of around £75-100. Though this would still leave us above target! 
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