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In
the current economic climate there are increasingly more reasons
why betting, when conducted professionally, can provide a very
attractive alternative to traditional forms of financial
investment.
Investors
should take the time to read and absorb the following
articles in order to gain a better understanding of how the
investment plan operates (the links open in new windows so that
you won't lose the thread whilst consulting them):
Don't
Go Broke
How Many
Winners?
Getting
Value
Psychology
of Betting
Basic
Investment Philosophy
The
setting up of a betting bank is crucial to the success of your
investment. That bank is your investment, just as it would
be if you had a portfolio of stocks and shares, and my job is to
manage it and make it grow.
The
operation is geared to annual growth rather than short-term
jackpot-hunting. If, at the end of an investment period, the growth
of your bank is greater than you could have achieved with a
financial package from a high-street bank, building society or
financial service, then the exercise will have been
worthwhile.
By
correctly following the simple rules of the investment plan you will give
yourself every opportunity to reap the rewards it can provide.
Don't forget that your own financial year need not coincide with the
calendar year - it can be any twelve month period.
Notes
on Sequences
Sequences
are inevitable and can be both positive and negative - they happen
whether we like it or not and are unavoidable no matter what we
do. It would be nice if our winners could be spread evenly
throughout the year but that will never happen. That's why I
advise preparing an investment bank of 100 points before
commencing, and, provided we hit a sufficient overall strike rate
for the price ranges we are targeting, our investment will
flourish. Equally important is the fact that you will never stake
more than 5% of your initial bank on any one bet.
Detailed
discussion on the topic of sequences can be found in my article 'Don't
Go Broke' (opens in new window).
Notes
on Re-investment of Profits
As
with any successful financial plan, re-investment of profits
is an important factor in securing optimum long-term performance.
With this in mind, my suggestions regarding future management of the
initial bank are as follows:
Once
the initial bank doubles in value take out the original capital
and start the investment plan again, with a new bank of the same
initial value as the first, but which is made up purely from
accrued profits. You need only do this once as all future
investments from this point will be funded by accrued profits.
Annually
review your investment bank balance, and, before commencing
business for your new financial year, reset your value for 1 point
to 1% of the previous closing balance. By doing this
progressively your stakes will increase pro-rata to annual profit,
thus securing optimum long-term benefits without increasing the
relative risk factor attached to your investment.
Steve
Jones Professional Betting Advice and Strategy 2000-2005 |