dubbledee
Editor
Group 1 user 285
 Online
Posts : 23879
|
|
|
 Original Post 2011-Aug-14, 07:02 PM
|
The July Challenge has finished with a small profit. I think that makes it 8 out of 10 rounds that have been winners for us.
Due to overwhelming response, we're starting off another one.
Share value is $50. We have 34 shares taken, STARTING BANK = $1700. Stake per day is $170.
Staking plan will be similar to previous Challenges. There will be a series of 10 bets with a base unit of $5 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. 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 $50. 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.
Bet #1 $170 - 06.07.11 RETURN = $256 BANK = $1786 SHARE VALUE = $52.50
Bet #2 $199 - 20.08.11 RETURN = $196 BANK = $1783 SHARE VALUE = $52.50
Bet #3 $224 - 27.08.11 RETURN = $109 BANK = $1668 SHARE VALUE = $49
Bet #4 $240 - 03.09.11 RETURN = $291 BANK = $1719 SHARE VALUE = $50.50
Bet #5 $289 - 17.09.11 RETURN = $258 BANK = $1688 SHARE VALUE = $49.60
Bet #6 $340 - 24.09.11 RETURN = $291 BANK = $1348 SHARE VALUE = $48.20 [SAFE = $291]
Bet #7 $339 - 01.10.11 RETURN = $287 BANK = $1009 SHARE VALUE = $46.70 [SAFE = $578]
Bet #8 $337 - 12.10.11 RETURN = $476 BANK = $811 SHARE VALUE = $50.70 [SAFE = $915]
Bet #9 $406 - 22.10.11 RETURN = $242 BANK = $405 SHARE VALUE = $45.90 [SAFE = $1157]
Bet #10 $405 - 05.11.11 RETURN = $537 BANK = $0 SHARE VALUE = $49.80 [SAFE = $1694]
OK, we closed off today. The bottom line is that we paid 20c per share for all that fun. 
We outlayed $2949 for a return of $2943. 
Didn't have a lot of luck, with wet weather and/or the prospect of wet weather doing some damage.
Will be in touch to arrange payment, or get advice on next move.
Hope there was a bit of interest for all players.
|
|
|
|
« Last Edit: 2011-Nov-05, 08:23 PM by dubbledee »
|
Logged
|
|
|
|
| |
calgary
Group 1 user 61
 Offline
Posts : 8528
|
|
|
2011-Aug-16, 05:19 PM
|
How do I accesss said subscription?
|
|
|
|
|
Logged
|
|
|
|
dubbledee
Editor
Group 1 user 285
Online
Posts : 23879
|
|
|
2011-Aug-16, 08:38 PM
|
calgary, are you a shareholder in this Challenge? 
If so, just send an email to seagull1947@hotmail.com with FORUM in the header. Ya then locked in for a lifetime of losers.
If ya not a member, just PM me for bank account details and you can transfer $990 for one year of winners. 
|
|
|
|
|
Logged
|
|
|
|
dubbledee
Editor
Group 1 user 285
Online
Posts : 23879
|
|
|
2011-Aug-17, 09:02 AM
|
NOTICE TO SHAREHOLDERS
Will be kicking off this series TODAY.
Be back on line late morning.
|
|
|
|
|
Logged
|
|
|
|
dubbledee
Editor
Group 1 user 285
Online
Posts : 23879
|
|
|
2011-Aug-17, 11:02 AM
|
OK, let's see if we can get a good kick-off.
BR1 #3 HYDE PARK $15 @ $2.6 2nd $39
BR4 #4 PUNCH ON $30 @ $2.00 3rd $60
BR5 #1 STARTLING PLEASURE $20 @ $2.25 7th
BR5 #9 EVENING VISION $20 @ $4.00 (SUBJECT) 5th
BR6 #8 VINTAGE BLACK $25 @ $3.00 3rd $75
BR7 #2 FALCO STAR $20 @ $2.7 7th
BR8 #11 TEA TATTLE $20 @ $4.11 (SUBJECT) 2nd $82
BR8 #13 CLANGOR $20 @ $3.55 7th
Good luck to us.
|
|
|
|
« Last Edit: 2011-Aug-17, 06:33 PM by dubbledee »
|
Logged
|
|
|
|
Authorized
Steward
Group 1 user 18
Offline
Posts : 19683
|
|
|
2011-Aug-17, 04:26 PM
|
I think there may have been a little profit today.  |
|
|
|
|
Logged
|
|
|
|
triple7
Editor
Group 1 user 14
Online
Posts : 7106
|
|
|
2011-Aug-17, 04:49 PM
|
I am still stunned that he left Akermagic out today.
|
|
|
|
|
Logged
|
|
|
|
westie
Editor
Group 1 user 8
Offline
Posts : 9137
|
|
|
2011-Aug-17, 05:17 PM
|
I think there may have been a little profit today. We'll have better daze  |
|
|
|
|
Logged
|
|
|
|
dubbledee
Editor
Group 1 user 285
Online
Posts : 23879
|
|
|
2011-Aug-17, 06:37 PM
|
I can think of worse ways to start off the series.
I need horse-whipping for my handling of Tierqualo. 
We'll have worse daze.
|
|
|
|
|
Logged
|
|
|
|
Racehorses
VIP Club
Group 2 user 227
Offline
Posts : 1003
|
|
|
2011-Aug-17, 10:55 PM
|
Yay oh Yay   
great start DD
|
|
|
|
|
Logged
|
|
|
|
dubbledee
Editor
Group 1 user 285
Online
Posts : 23879
|
|
|
2011-Aug-18, 09:31 AM
|
It's a long haul, RH. But best to start off with a win. 
|
|
|
|
|
Logged
|
|
|
|
dubbledee
Editor
Group 1 user 285
Online
Posts : 23879
|
|
|
2011-Aug-20, 09:08 AM
|
Let's give these a try for today:
R1 #2 DENWOOD $30 @ $1.53 2nd $46
R2 #1 EASTLINE $50 @ $1.47 2nd $74
R2 #6 CRAIGELLACHIE $20 @ $3.00 4th
R3 #3 SECRETS UNTOLD $50 @ $2.00 4th
R4 #7 LOVES A CHALLENGE $19 @ $4.00 2nd $76
R7 #13 UNSUPERVISED $30 @ $2.35 5th
Good luck to us.
|
|
|
|
« Last Edit: 2011-Aug-20, 05:54 PM by dubbledee »
|
Logged
|
|
|
|
dubbledee
Editor
Group 1 user 285
Online
Posts : 23879
|
|
|
2011-Aug-20, 05:59 PM
|
Well, if ya watched the races you saw we were robbed of $100 on SECRETS UNTOLD.
But that's racing, and we survived the day.
|
|
|
|
|
Logged
|
|
|
|
westie
Editor
Group 1 user 8
Offline
Posts : 9137
|
|
|
2011-Aug-21, 08:55 PM
|
|
|
|
|
|
Logged
|
|
|
|
dubbledee
Editor
Group 1 user 285
Online
Posts : 23879
|
|
|
2011-Aug-21, 09:03 PM
|
westie, I think that's a reasonable question.
At the time I had the bets I intended to split them between the two challenges. Yesterday AM I thought, WTF, they'll both run a drum. So I did it the way I did. I guess you saw the race. There's no doubt in my mind they should have run 1-2.
Also, I'm more confident in my ability to deal with you guys than with chuggers.
PS I'll get square next bet.
|
|
|
|
|
Logged
|
|
|
|
|
