dubbledee
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 Original Post 2011-Aug-11, 09:04 PM
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I was fortunate to get 2nd place in the recent Tipping Comp and snared a $100 quaddie courtesy of chuggers. Last Saturday we doubled the bank, and since we have no respect for money, we've decided to send it around in a Place Challenge.
Staking plan will be same as in previous Challenges. There will be a series of 10 bets with a base unit of $20.
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 $20. 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 bank of more than $200. 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.
Starting Bank = $200
Bet #1 $20 - 13.08.11 RETURN $35 BANK = $215
Bet #2 $24 - 20.08.11 RETURN $48 BANK = $239
Bet #3 $30 - 24.08.11 RETURN $0 BANK = $209
Bet #4 $30 - 27.08.11 RETURN $10 BANK = $189
Bet #5 $32 - 03.09.11 RETURN $76 BANK = $233
Bet #6 $48 - 14.09.11 RETURN $59 BANK = $196 [SAFE = $48]
Bet #7 $50 - 17.09.11 RETURN $78 BANK = $174 [SAFE = $98]
Bet #8 $60 - 21.09.11 RETURN $87 BANK = $141 [SAFE = $158]
Bet #9 $72 - 24.09.11 RETURN $101 BANK = $108 [SAFE = $230]
Bet #10 $108 - 28.09.11 RETURN $273 BANK = $0 [SAFE = $503]
We had our last bet today and finished with a bank of $503, after starting with $200.
chuggers likes this stuff so much that we're going around again.  
Starting Bank = $503.
Bet #1 $51 - 01.10.11 RETURN = $45 BANK = $496
Bet #2 $56 - 05.10.11 RETURN $0 BANK = $440
Bet #3 $56 - 12.10.11 RETURN $0 BANK = $390
Bet #4 $55 - 19.10.11 RETURN $92 BANK = $427
Bet #5 $71 - 22.10.11 RETURN $46 BANK = $402
Bet #6 $81 - 26.10.11 RETURN $173 BANK = $413 [SAFE = $81]
Bet #7 $104 - 01.11.11 RETURN $72 BANK = $309 [SAFE = $153]
Bet #8 $103 - 02.11.11 RETURN $68 BANK = $206 [SAFE = $221]
Bet #9 $103 - 05.11.11 RETURN $80 BANK = $103 [SAFE = $301]
Bet #10 $103 - 09.11.11 RETURN $96 BANK = $0 [SAFE = $397]
End result we outlayed $784 for a return of $678. In other words a pretty ordinary result.
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« Last Edit: 2011-Nov-09, 07:52 PM by dubbledee »
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chuggers
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2011-Aug-11, 09:21 PM
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Well, I'm happy as a pig in mud  Thanks DD for this challenge ---like you said ---we may have some disrespect for money--what a good way to lose it Drag it out for 10 weeks---so I am left in your hands--but quite confident in saying that. Good Luck   |
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dubbledee
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2011-Aug-12, 10:13 PM
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Chuggers, we're on the pink in Race 6. $20/$20
Good luck to us.
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chuggers
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2011-Aug-13, 04:40 PM
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A good start DD--shite they backed it big time |
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« Last Edit: 2011-Aug-13, 04:57 PM by chuggers »
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dubbledee
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2011-Aug-13, 07:19 PM
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Yes, they did back it.
We'll have worse daze. 
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dubbledee
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2011-Aug-13, 07:22 PM
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We had to cop a deduction, mate. 
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« Last Edit: 2011-Aug-13, 07:36 PM by dubbledee »
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chuggers
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2011-Aug-13, 08:07 PM
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All good--$15 profit is better than none--I get really keen on 9/10 weeks--you can go to Melbourne if it excites |
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dubbledee
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2011-Aug-17, 06:40 PM
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chuggers, figured you'd be off-line today, so no bet for us.
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chuggers
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2011-Aug-17, 07:02 PM
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chuggers, figured you'd be off-line today, so no bet for us.
All good--I have always stuck to the theory--"never a last race" |
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dubbledee
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2011-Aug-20, 09:10 AM
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I figure this should have gone on the Rabbits last night.
However, let's try:
R3 #6 ELUSIVE PORT $24 @ $2.00 1st $48
Good luck to us.
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« Last Edit: 2011-Aug-20, 05:47 PM by dubbledee »
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chuggers
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2011-Aug-20, 02:17 PM
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Thank you DD  Decided to have some rabbits money on as well |
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dubbledee
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2011-Aug-20, 05:47 PM
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dubbledee
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2011-Aug-24, 10:23 AM
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chuggers, hope you look in some time to see this.
Track will test us today, but we're not betting in sheep stations.
BR6 #4 HELLUVA HURRY $15 @ $3.35 (SUBJECT) 5th
BR7 #1 SHADOW BUSTER $15 @ $2.80 4th
Good luck to us.
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« Last Edit: 2011-Aug-24, 07:13 PM by dubbledee »
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chuggers
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2011-Aug-24, 06:55 PM
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chuggers, hope you look in some time to see this.
Track will test us today, but we're not betting in sheep stations.
BR6 #4 HELLUVA HURRY $15 @ $3.35 (SUBJECT)
BR7 #1 SHADOW BUSTER $15 @ $2.80
Good luck to us.
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dubbledee
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2011-Aug-24, 07:14 PM
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Ya gotta learn to roll with the punches, mate.
No hard luck stories. HH didn't handle the ground. SB had every chance.
We'll have better daze.
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