Absolute Punt of a Day (APOAD)
Welcome to ‘Absolute Punt of a Day’, which is a diary of a punter. To (keep me honest for the next 52 weeks. I am going to have 1 bet every week. I will start with $100, if I win, I will bank 70% of winnings, and then will use the balance to place the next week's bet. If I lose I put in an extra $100.
For example - Week 1 if I bet on a $3.00 (2/1 or +200) horse and it wins, I will bank $140 and use the remaining $160 to bet in week 2. If I lose week 2, I will put another $100 in for week 3.
Each week before the weekend I will post my bet of the week, my rationale and a slip of the bet. After the weekend I will recap the bet and post a running total (for the example above my total would be -$60 awaiting the week 3 result). Hopefully going through the act of writing out my thoughts, tracking my betting and seeing some constructive feedback will make me a better punter (F#cK*ng doubtful to be honest, but we will see ).
Anyway after 52 weeks maybe I’ll have some insight into where I went wrong and what I can do better next year .