TEAMPSIC BLOG 7/27/15. Money management

Hello sports investors,

So let's start off with our horses yesterday. It ended up being about a break even with a very very near miss for Gulfstream and one of our races. On the experimental group side it was an absolutely epic day at Delmar.  I'm disappointed that I was dragged away from being able to post on Twitter because it's not very often that you hit four out of five races were the winner is $20 plus.  I'm very very excited for horse racing again with TEAMPSIC and I'm hopeful we can return to our ways of making 800 units in a year.

Now, what's talk about money management. Yesterday I had mentioned that this time of year is usually good for us so we are in an ultra aggressive mode. Ultra aggressive doesn't mean "stupid " but we are certainly trying to take advantage of any hot streak that come our way by using a method that is very simple but very effective and I call it...

THE 10% METHOD.

There are a lot of ways that you can do it but the nuts and bolts of it is this.  On the aggressive side, anytime you have a winning day the next day you raise your bet by 10% when you have a losing day you lower your bet by 20% unless you're already at your base bet. Now, this accomplishes a few things. Number one: this helps you to naturally raise your bet size into a hot streak. Number two: it also helps you to quickly reduce your bet size if you had a cold streak.

But you don't have to change your bed every day as I understand that can be very aggressive and can at times put more bankroll at risk then you probably want. However, you could decide to do it weekly. For example, start on Monday and make the same size wager all week and if at the end of the week you have made money and you had A positive week, you raise your bet by 10% for the next week. Or you could do it by a certain number of games. For example, if you started with a base bet of $100 today you could make that $100 wager for the next 10 games. If at the end of that 10 games stretch you had a winning 10 games you raise your bet by 10% for the next 10 games.  I think you all get the point.

The reason I like using this methodology is because sometimes the hardest thing to do is to know when to raise your bet. This method takes care of that for you. When you are hot you are raising your bet when you get cold you are scaling back those bets very quickly.

OK onto the horses for Monday and we are going to head to Saratoga.  I absolutely hate the short fields but there are a few moneymaking opportunities

Saratoga:  

Race 1: #7

Race 3: #2

Race 4: #8

Race 5: #5 and #6

Race 6: # 4 and #1

Race 7: #8

Race 8: #9

Race 9: #2, #3, and #10

Good luck everyone,

Tod Wilkinson