You are currently browsing the Longshot King Review,Bonus Bagging Review weblog archives for November, 2009.
20/11/2009 by admin.
Just the 1 lay this afternoon which lost ie won for us. Just a bit more about the service - there are 2 emails a day - 1 is for the days racing lays and the evening one is for any sports lays which they may recommend.
A couple of people have queried the validity of the ‘Final Review’ on last nights post which recorded a trebling of the bank in 4 weeks - all i can say is that i have received the emails from Lay The Best for the past 2 weeks and the results recorded are exactly as i had them. The site which ran that review is pretty objective as far as i can make out and have dismissed a lot of services which havent performed. This service has performed.
Dontpaytheferryman 5/2 2nd fav. LOST
Bank £1095
If you want any more information now or just want to check the results click here
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20/11/2009 by admin.
Another 32 pip winner for the EUR/USD part of this service & the GBP/USD is up to 210 pips up for November (depending on which profit target your looking at) so looks like the service could be over the little blip in October.
If you look at the year as a whole across the 2 currencies they’re up nearly 4000 pips and that only includes the EUR/USD results from August. It just shows that every service is going to have a bad patch without fail and thats all part of trading. The difficulty is if it happens in your first month - if you lose a couple of hundred pips its unlikely anyone will persevere the following month without experience of previous winning months.
I’ve said before that this is a solid service which would have got us about £10,000 @ £5 a pip @ the 32 pip profit target (not even the most profitable for GBP/USD) since January.
They’re currently offering a free 14 day trial & this may be an ideal time to give them a try as they seem to be now performing as they were pre-October.
Total +149 pips
The full list of the results for the eur/usd service can be found here and for further info about the whole service click here Forex Trades Live
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20/11/2009 by admin.
Thought i might as well get the review kicked off with yesterdays lay. Recommended bank is 10 units & i’m going for £50 per lay but i’m going with £1000.
Sagalyrique 5/2 2nd fav. LOST
Bank £1047.50 (less 5% comission)
If you want any more information now or just want to check the results click here
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19/11/2009 by admin.
I’m going to start reviewing this service from tomorrow - it comes highly recommended & as the name suggests is a laying service which covers, horse racing, football, tennis plus the NFL, NBA & NHL games. They offer a managed account whereby they place the bets for you but take 50% of the profits - this service is fully booked and there is a waiting list which, i think, says a lot.
The alternative is the standard £50 per month service which seems pretty good value looking at the recorded results but we’ll see how it goes.
If you want any more information now or just want to check the results click here
I’ve also included a full review from another site which has been following the recommendations for a month - impressive stuff.
FINAL REVIEW
I shall begin this final review with the factual stuff and then give my impressions of the service.
With the exception of just one or two selections at the beginning of the test, all bets that I have recorded are based on actual bets that I have made. The test lasted from 17th October until 14th November, inclusive. During this time there were 92 qualifying selections, of which 67 were winning selections. A couple of potential selections failed to qualify on price, but it was literally only two or three that failed. Of those that passed the selection criteria, only two were at odds of over 5.00. The average odds for all bets placed was 2.64 and the average odds for all losing bets was a fraction under 2.20. These figures are very slightly distorted as three bets were “Special Bets” - one multiple and two backs, rather than lays. However, I have assumed that the degree of distortion is too insignificant to record.
The strike rate was approximately 72%. At average odds for losing bets of 2.20 the strike rate needed in order to make a profit after Betfair commission was 55%, quite a bit lower than the 72% achieved.
What the above figures mean in practical terms is that, laying to level stakes of £25, in just four weeks a £500 bank has been turned into just a fraction under £1500 after allowing for Betfair commission at the maximum rate of 5%.
Two emails are sent out each day. The aim is for the first email to be sent out by midday, the exception being when there is uncertaintly about the going. I did not pay particular attention to what time I received the emails, however. What was important to me is that I received them in time to get my bets on. With the exception of the one day when there were server problems (as the result of upgrading to a more reliable server) all emails were received in time to place the bets. At the beginning of the trial I may have missed one or two bets (certainly no more), but that was due to my unfamiliarity with the service and in no way reflects upon it.
Much the same applies to emails for the evening selections, the aim here being to send them out by 7pm. However, it pays to regularly check the inbox as they are sometimes sent much earlier. On one occasion I had to go flying (or in my case clumping) on to the PC to place the bets ASAP, as I had missed the starts of various events. Fortunately, I was able to get on in-play and the odds had (probably) moved slightly in my favour.
Throughout the test I have made a point of not looking at the “official” results, so that I have not been influenced in any manner. When I have finished this review I may take a look to see how the results compare, but I would expect to find that overall the odds at which I got on and the “official” odds are very similar and balance out. If there are any major differences in favour of the “official” results I may have to have to rethink my strategy, but I am not prepared to stay up until the early hours in order to get on at the last minute.
Moving on to my opinions of the service. I am sure anyone who has difficulty guessing what I think will be treated with sympathy by an appropriate professional (how an inappropriate professional might respond is another matter).
My first reaction when reading the sales page was on the lines of, “Sounds good, but don’t they all!”. In other words, yet another site claiming fantastic results that don’t stand up to close scrutiny. I suppose it is a fact of life, however, that no matter the quality of a system or service, all will claim excellent results - no one in their right mind is going to say, “This service is a load of rubbish (or some less polite term), but we want your money”. The difference is this service breaks the mould, it actually does what it claims! If this was a lager, then Carlsberg would have to change their advertising strategy.
I have trialled a number of systems and services on this blog and prior to that I read other blogger’s reviews, going back more or less to when the blog started. No other system or service that I have trialled has come close to turning £500 into £1500 (£1407.50 for the pedantic) in four weeks, and I cannot recall another service that has performed as well as this one (though I am open to correction).
It should be borne in mind that the test has only run for one month and that cannot give a true reflection. However, the pattern of results has been consistent and this is not a one-a-day system. While not statistically significant, 92 selections in four weeks is certainly getting there.
I suppose the highest praise I can give is that I shall definitely be adding this service to my portfolio - I have done so already, in fact. I shall also be making occasionaly posts to keep readers up-to-date with how things are going.
As to whether there are better services available, the answer is, I don’t know! But if I have found a goose that appears to lay golden eggs, I’m not going to be in a hurry to look for another that lays bigger golden eggs.
Prior to wrapping up this review, there are just a couple of procedural points to mention: I have been informed that the managed account vacancies have all been filled. Anyone wishing to join the managed account service (as opposed to receiving the daily emails and placing their own bets) should send an email to the Lay the Best Team requesting that they be added to the waiting list; I mentioned in a previous posting that the number of subscriptions is capped. The numbers are limited to 300 to avoid having a negative effect on value and liquidity.
My last word in wrapping up this review is - to paraphrase the words of an email sent to me during the trial - this is proving to be a cracking service. Keep up the good work guys!!
If you want any more information now or just want to check the results click here
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19/11/2009 by admin.
Further 2 trades from FTL - 1 loser and 1 winner. This takes their results to 7 winners out of 9 trades in November which is pretty much in line with the results recorded on the site for previous months. (I’ve added an additional 2 pips which should have been there but i miscalculated on the 11th November).
October was 13 winners out of 17 trades
September was 26 from 32
August was 23 from 34
Total +117 pips
The full list of the results for the eur/usd service can be found here and for further info about the whole service click here Forex Trades Live
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19/11/2009 by admin.
Nice straightforward trade just before the school run this morning. Would normally let the trade run and close it if a candle closed in the ma’s but as i was going to be out i just set the profit target to 20 pips which it hit pretty quickly.
I’ve got six charts up on my MT4 software and everyone of them gave a valid signal at the same time which went onto make decent pips. Obviously not practical to place and manage 6 trades but it does show that whatever pairs you choose to trade you’re going to get good trading opportunities.
Running total +262 pips
You can get more details here Black Dog Trading System
Black Dog Forex Trading System Review
Posted in Black Dog Forex Trading | No Comments »
18/11/2009 by admin.
Another eur/usd trade today - total of 20 pips. The only question mark was against the MACD which was a little below zero but the order of the lines and the angle was good so decided to enter the trade.
Running total +242 pips
You can get more details here Black Dog Trading System
Black Dog Forex Trading System Review
Posted in Black Dog Forex Trading | No Comments »
17/11/2009 by admin.
1st trade of the week proved to be a loser but fortunately there was another along a few minutes later which went onto gain 22 pips so after the original 10 pip loser i was 12 pips up on the day. This was on the EUR/USD. edit - JUST OUT OF INTEREST RE THE LOSER - I HAD THE SETTINGS ON ‘AGRESSIVE’ IN ERROR. UNDER MY NORMAL SETTINGS THAT SIGNAL WOULDNT HAVE APPEARED SO SHOULD HAVE BEEN A NO LOSER 22 PIP DAY.
I’ve attached a couple of other charts which show the system in action on other pairs with trades following the rules i’ve developed for trading Black Dog. The USD/CAD peaked at about 100+ pips from an initial risk of about 10 pips and the USD/CHF reached about 70+ pips. I didnt take these by the way i was just seeing how the system was doing on other pairs.
Running total +222 pips
You can get more details here Black Dog Trading System
Black Dog Forex Trading System Review
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16/11/2009 by admin.
2 further winners on the Forex Trades Live EUR/USD service targeting 32 pips - this part of the service has made nearly 1200 pips since August.
Total +154 pips
The full list of the results for the eur/usd service can be found here and for further info about the whole service click here Forex Trades Live
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13/11/2009 by admin.
Got a bit lucky this morning in that i missed the original MTF3 signal given at 7.00 am off the 6.45am candle but managed to get in a bit later @ the same entry price after a small retracement of the price.
Quite a long trade which reached the initial 20 pip target @ 1.6634 easily enough & then went onto touch 1.6700. I decided to move my stop up to 1.6675 & was stopped out at this level at about 12.45 for a total gain of net 26 pips.
Just been through the Black Dog members forum reading a thread by the author of the system where he disects exactly how he trades (not too far off what i’m doing to be honest). Its a great read & he pretty much defies anyone to fail to be successful using this software whilst implementing the rules which are available all over the forum.
Running total +210 pips
You can get more details here Black Dog Trading System
Black Dog Forex Trading System Review
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