Let's take a moment to talk about your betting portfolio...
If you have a portfolio, chances are it's a bit of a mess right now. Mine could definately do with a late-spring-clean, at any rate...
Maybe yours is full of systems and services that are lying dormant until UK & Irish racing returns, maybe you've added one or two international betting resources in the interim, and maybe you're not sure which to keep, which to discard, and so on...
Here's how I'm organising my betting portfolio, in preparation for racing's return and what's likely to be on the cards in the coming weeks and months...
1. Lucrative Racings Strategies & Tipping Services
This includes our biggest earners from 2019, plus our new Festival Bets and a few other new strategies currently in the testing phase...
Tied to this are the premium resources I use to find said bets, including race-cards, form tools, results databases, and stable information. These aren't technically part of my betting portfolio, but the costs are substantial and must be deducted from my portfolio earnings to calculate my net profit...
Of course, these costs are only relevant if, like me, you enjoy doing some of the research and bet-finding yourself.
One of the biggest things I learned from my recent business venture, is that most of our readers are looking specifically for two things...
- Passive income opportunities - It needs to be fun!
Less time-commitment and more fun...that probably rules out hours of pouring over statistics to find your bets...
And means more check-and-bet tips, and more easy-to-follow systems. I find these a lot of fun too, which is why the remainder of my betting portfolio is made up of...
2. External Systems and Tipping Services
I rarely follow more than a handful of these resources at any given time, and with the world the way it is at the moment I've been focusing purely on international racing systems and tips.
I feel like these deserve a place in my portfolio for the foreseeable future, because not only have they brought me profit while UK & Irish racing is off, but they're also a contingency plan if (God Forbid!) we face further disruptions down the line...
Ok, so that's how my betting portfolio looks at the moment, and how it's prepped and ready-to-go for when racing finally returns to the UK and Ireland.
Getting organised is one of the keys to success in this game, so hopefully this gave you a few ideas for your own portfolio planning,
Hope you're keeping well, Michael and the Lucrative Racing team |
