Very quick one tonight as I'm in late and don't have a lot of time.
Alan asked for overall P&L figures for the year, after taking into account the cost of subs. Here are the final balances for each month of 2011 so far (it does not make for happy reading):
Fees cost £3k per year, so pro rata £1,500 for this period. Do the sums and it comes to a loss of £12.84.
To answer Alan's question totally accurately, then that £12.84 has to be added to July's dismal performance so far and a further £250 deducted for fees.
Moving forward, I will break down the figures in each post to the daily profit/loss, the month to date performance, and the year to date - the year running from 1st July 2011 to 30th June 2012.
(I have always considered this to be my financial year for two reasons. One, I started following a portfolio of services in a July; and two, I pay for all the football services in the summer (apart from Football Elite, which was one of the first services I ever joined).
At the end of each month, I will deduct £250 for fees from the running year to date total. That way, anyone reading can see exactly where we're up to. Obviously I haven't separated the ytd figures for the month to date figures in July, because they are exactly the same.
As we know, I have the portfolio set up as I want it. Barring extreme circumstances, it will not change until July next year, either in terms of services followed or staking. The plan is to avoid any deviation at all. If by 30th June, 2012 we are seeing a loss or a level of profit that essentially makes the hard work pointless, then I shall admit defeat and have a major rethink. I'm running the portfolio as if following instructions in a text book - let's hope it works, eh.
Yet another losing day on the racing, albeit just a tiny deficit today thanks to Chasemaster, who broke their recent losing run with a nice winner tonight (Lord Ryeford - Bangor - 9/2). Of the other services, Northern Monkey had one very small bet which lost, The Market Examiner's three selections lost (although they had the horse that finished second to Lord Ryeford), and ProBandit's nightmare week/ten days continued with neither of their selections furnishing a return.
Northern Monkey: Staked 0.25pts, -0.25pts.
The Market Examiner: Staked 3pts, -3pts.
ProBandit: Staked 1pt, -1pt.
Chasemaster: Staked 0.25pts, +0.703pts.
I thought I might eke out a small profit today, as On The Oche had a treble at the World Matchplay. On previous days the first two had won, and we were on the 1/5 shot Gary Anderson for the final leg, who promptly lost.
It seems that if something can go wrong, just at the moment, it does.
On The Oche: Staked 1pt, -1pt.
Tuesday 19th July: Staked £202, -£106.69.
Running total: -£975.70 (roi -25.15%).