dubbledee
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 Original Post 2011-Jul-04, 10:13 AM
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Have run 9 challenges to date, and 7 have been successful, i.e. we ended up with more than we started with.
Based on carryover balance from last series, Share Value is $58.
Staking plan will be similar to previous Challenges. There will be a series of 10 bets with a base unit of $5.80 each/per share.
Bets will be PLACE ONLY and will usually be on a Wednesday or Saturday on Brisbane races. I pick the horses, and reserve to right to back more than one horse.
1. For the first 5 bets (#1 to #5), any return from the bet is distributed evenly among the remaining bets, thus increasing the base stake beyond $5.80. Say bet #2 gives a return of $16, we add $2 to the stake for each of the remaining 8 bets.
2. For bets #6 to #9, should they be successful we RETAIN THE STAKE, but distribute the PROFITS evenly among the remaining bet/s.
3. Obviously for bet #10 we keep any return.
Hopefully we'll end up with a share value of more than $58. But there's a risk that I will lose a bit, or lose the LOT.
I'll post the bets on this thread, and keep a running sheet.
We now have 25 shareholders and $3 in kitty. Starting Bank = $1450
Bet #1 $145 - 06.07.11 RETURN = $112 BANK = $1417 [SAFE = $3]
Bet #2 $158 - 09.07.11 RETURN = $111 BANK = $1370 [SAFE = $3]
Bet #3 $172 - 13.07.11 RETURN = $234 BANK = $1432 [SAFE = $3]
Bet #4 $206 - 16.07.11 RETURN = $146 BANK = $1372 [SAFE = $3]
Bet #5 $231 - 23.07.11 RETURN = $73 BANK = $1214 [SAFE = $3]
Bet #6 $245 - 27.07.11 RETURN = $459 BANK = $1183 [SAFE = $248]
Bet #7 $297 - 30.07.11 RETURN = $442 BANK = $1031 [SAFE = $545]
Bet #8 $345 - 03.08.11 RETURN = $203 BANK = $686 [SAFE = $748]
Bet #9 $344 - 06.08.11 RETURN = $491 BANK = $489 [SAFE = $1092]
Bet #10 $489 - 13.08.11 RETURN = $468 BANK = $0 [SAFE = $1560]
FINAL SHARE VALUE = $62.40, OR A PROFIT OF 7.5% 
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« Last Edit: 2011-Aug-13, 08:22 PM by dubbledee »
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dubbledee
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2011-Jul-05, 06:42 PM
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Can I leave you in charge of that, calgary? 
Every time I do it the horse wins, or I can't pick the other placings. Let us know your bets - preferrably before the race. 
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dubbledee
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2011-Jul-06, 11:56 AM
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Apologies for the late advice, guys. We have 25 shares. Best of luck to the newcomers.
Trying these today:
BR1 #2 SIR NEON $25 @ $1.90 3rd $48
BR3 #1 BODERY VAREMO $20 @ $3.2 unplaced
BR5 #2 FAVOURS TRADED $40 @ $1.95 FELL
BR6 #7 SEVENSPANISHANGELS $20 @ $6.00 5th
BR7 #5 BELLTONE $40 @ BEST TOTE 1st $64
Good luck to us.
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« Last Edit: 2011-Jul-06, 06:55 PM by dubbledee »
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Racehorses
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2011-Jul-06, 01:33 PM
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Cold and wet here today .........  great day to be curled up under the doona cheering our bets home  
great start DD 
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Steward
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2011-Jul-06, 03:10 PM
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That did not look good, Lets hope Glen Colless is fine.
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Wenona
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2011-Jul-06, 03:20 PM
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Did you get my payment for two shares in time? Am I in?
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dubbledee
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2011-Jul-06, 06:54 PM
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Wenona, haven't checked bank, but you're IN for 2 shares. Although I can understand if ya think otherwise after today.
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dubbledee
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2011-Jul-06, 06:58 PM
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Well, I could have handled things better. Missed the boat with prices on a couple, and of course it was sad to see FT fall. Thankfully Colless eventually walked back to the Jockeys' Room. SSA gave us a great sight at long odds to be narrowly beaten.
We WILL have better daze.
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dubbledee
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2011-Jul-09, 08:34 AM
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Be back mid morning with bets, guys.
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dubbledee
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2011-Jul-09, 10:21 AM
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OK, have spread the money around. Nothing highly original. Hopefully we'll be in black figures by 4:30.
BR1 #11 I'M RUTHLESS $15 @ $2.75 4th
BR2 #3 DANAGAZE $30 @ $1.90 1st $57
BR3 #7 TRANSPORTER $15 @ $3.75 unplaced
BR5 #12 JET STAR GIRL $18 @ $2.50 unplaced
BR6 #2 PERSIAN STAR $25 @ $1.65 unplaced
BR7 #6 TIERQUALO $30 @ $1.80 (subject) 3rd $54
BR8 #1 UPSALA $25 @ $1.90 unplaced
Good luck to us.
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« Last Edit: 2011-Jul-09, 06:24 PM by dubbledee »
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dubbledee
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2011-Jul-09, 06:36 PM
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Mixed luck again. Some inglorious performances from a couple of fancied ones.
If PERSIAN STAR could have found any MORE trouble in the Cup, I dunno what it was. Should have run the place. But that's racing.
Again, Sportsbet didn't apply deductions.
As usual, I've got some work to do.
We'll have better daze.
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dubbledee
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2011-Jul-13, 11:01 AM
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Apologies for the late notification, but we're operating today.
Be back with our bets in the near future.
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dubbledee
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2011-Jul-13, 11:59 AM
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OK, we're venturing over the border today.
BR4 #5 PONTE DANCER $32 @ $1.49 1st $48
BR4 #9 MISTER FIBBA $10 @ $3.70 4th
BR5 #11 RAPID LEICA DANE $30 @ BEST TOTE 1st $69
BR6 #13 CERAMIC $30 @ BEST TOTE 3rd $45
BR6 #15 GLORIETTA $10 @ $20 unplaced
GR6 #4 TEMPLE OF BOOM $30 @ $2.35 unplaced
GR7 #4 EMVOSS $30 @ $2.40 2nd $72
Good luck to us.
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« Last Edit: 2011-Jul-13, 08:21 PM by dubbledee »
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ratsack
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2011-Jul-13, 07:38 PM
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OK, we're venturing over the border today.
BR4 #5 PONTE DANCER $32 @ $1.49
BR4 #9 MISTER FIBBA $10 @ $3.70
BR5 #11 RAPID LEICA DANE $30 @ BEST TOTE
BR6 #13 CERAMIC $30 @ BEST TOTE
BR6 #15 GLORIETTA $10 @ $20
GR6 #4 TEMPLE OF BOOM $30 @ $2.35
GR7 #4 EMVOSS $30 @ $2.40
Good luck to us.
Bets will be PLACE ONLY and will usually be on a Wednesday or Saturday on Brisbane races. I pick the horses, and reserve to right to back more than one horse. hmmmmmm......  |
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2011-Jul-13, 08:13 PM
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Bets will be PLACE ONLY and will usually be on a Wednesday or Saturday on Brisbane races. I pick the horses, and reserve to right to back more than one horse. hmmmmmm...... Mate, that how they claim Greg Inglis, they move the line when it suits. |
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