RECORDING LOG

Accepting that maximising returns and increasing bankroll is the primary objective in professional betting, it becomes imperative to record every single bet, regardless of the outcome. This vital practice is part of the mentality required, yet it is so critical that it warrants distinction as a separate element.

Tracking wagers, analysing performance, and identifying patterns in betting strategies and systems aid in making informed decisions and effectively monitoring overall performance. Maintaining accurate and genuine records of individual bets and transactions coincided with TRH getting properly organised, objective, and taking control, which precedes achieving consistent profitability year after year. Moreover, keeping a detailed log has also been instrumental in maximising profits by highlighting the most successful sectors, a revelation that was not certain before meticulous record-keeping.

Experience teaches us the frustration of documenting losing bets, particularly during a losing streak. However, this task is essential and inexcusable. Neglecting to record such outcomes indicates a lack of seriousness in one's betting approach.

We have communicated the significance of this singular issue to hundreds of individuals over so many years, yet the message has predominantly been ignored. To broadly label the recipients of this message as just lazy, overlooks our objective to 'cultivate a mentality' and reveals an unfixable character flaw.

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Most members are aware that TRH maintains separate set-aside banks for various title headings, we never combine them as it would skew the results of each sector, making any derived conclusions invalid.

For instance, we maintain a distinct Pacafi Bank where members typically nominate 1pt win stakes. Personally, we employ a percentage of the bank for staking at 1-3 points, based on the wager's strength and our confidence in it. Additionally, we have separate banks for our Racecourse Templates AW, Racecourse Templates Turf, and each of our various micro-systems. "Charlie Appleby at Kempton and Newmarket" is one such system among several others.

This might seem complicated but not once the composition has been set-up.

 We meticulously track the success or failure of each endeavor. Periodically, we dedicate time to review our results; sometimes the process is unpleasant, yet it proves to be valuable ultimately. The mathematical journal serves as an honest ledger, providing a clear record of our journey and impartially emphasising both strengths and weaknesses.

What type of information should be included in the horse racing logs? Complication for complication's sake is something we avoid, but we advise the following.

Firstly, it's important to acknowledge Turf, All Weather, and National Hunt Racing as distinct sports. However, in a partial contradiction, we consolidate Pacafi Results for members in a single location, encompassing outcomes from all three disciplines over the year. Additionally, our personal logs are organized into eight logical columns:

• nominations
• date, time and course
• odds secured
• stake wagered
• result
• profit or loss
• balance to date
• strike rate

 Attached to each month is a summary of sorts, which invariably includes thoughts and mistakes, noting negative and positive actions.

TRH typically tracks recorded progress, success, and balances on a monthly, quarterly, and annual basis from each designated bank. This does not preclude adjustments within any given timeframe if there is a clear necessity. However, caution is advised against premature adjustments, as one would not want to modify something that was previously profitable.

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