Wednesday, April 4, 2007

lay2earn50aDay

DAY 3 - We again achieved our goal though I am finding it very difficult to stay below the 6.0 target figure.

The reason for this is because BF is becoming more a TRADING exchange rather than a simple bet or lay exchange. So people are backing and laying and covering their positions and making a margin on each horse they get involved with.

This is a specialized skill hat needs to be learned to make money on the exchanges in the future, and is a skill I am going to have to learn more about before I risk real money.

Anyway, today’s LAY bets went as follows,

Quote from: sean99 on Today at 03:21:20 PM

Ling 4.30
Zazous is the LAY

250 @ 8.2

Winning bet 30.48 - 5% = 28.96

b/fwd 177.77

Running total - 206.73

Quote from: sean99 on Today at 04:12:00 PM

Nott 5.10
Perfect Courtesy

LAY 250 @ 7

Winning bet - 34.72 - 5% = 32.98

b/fwd 206.73

Running total - 239.71

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