In a previous post I quoted that Templegates £1.00 Level stake profit/loss for July was -£5.62 with one Nap left to run. This figure was in fact incorrect, his actual P/L to £1.00 level stakes for July was -£11.10. The figure I quoted was for a 10% staking plan (Staking 10% of a starting bank of £10.00 and adding any profit and loss to the bank and recalculating the stake for the next day). This figure was when all NAPs were run came out as a £5.87 Loss.
If you had Layed all of his NAPs at the exchange at BSP (Betfair Starting Price) to the minimum £2.00 stake required by Betfair then your actual profit would have been £19.12 when all commissions had been paid (In my case it is 2% but the normal commission rate is 5% which would have resulted in a profit of £17.68)
Again I must correct myself as to an error in the previous post stating that the profit when laying his NAPs was £27.16 with just one to go. This is because I did all of my calculations starting with a bank of £10.00 and forgot to subtract this at the end of the month. apologies for giving you an adrenalin rush in the sheer magnitude of this profit figure 😆
I have posted the excel spreadsheet below for download if anyone is interested in this
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The next Tipster under the Microscope will be Sporting Life who also has a overall profit in the NAPs table but how well did they do in July alone and would it be worth looking at Laying these NAPs as Well
Betornot 