The International break did little to revive the fortunes of the Bank Builder Selections. The betting bank continued it’s downward spiral and currently stands at -74% of the initial bank + wild card. The strike rate for this cycle now stands at 74.4%, which is well below their expected range of 85-95%.
The bank is now going to need to be doubled through twice, to get back to where it started and a third time to meet the cycle objective.
In addressing the situation, they had this message for members
If you are considering stopping following the selections then I’d counter with this. We’re in a position now, what poker players would call ‘pot committed’. There is little upside to withdrawing what we have remaining compared to what has been invested to date and I would suggest that it is better to hold your nerve and continue on rather than compound any losses by stopping now.
It was always going to be a high risk high reward strategy and emphasizes the reason why you should only gamble with money you can afford to lose. I’m All In and hopefully there’ll be a pot worth winning by the end of the season.
Not much better news to report for the Bank Builder Double Chance. As I expected they invoked the wild card, but the strike rate hasn’t improved and is currently at 80.6% for the cycle. Overall my betting bank is down 45% on the initial bank + wild card.
They’ve analysed a new potentially profitable area for their Bank Builder model, using the goals over / under markets and will be giving these selections away free to members of their original Bank Builder and Double Chance services, until such times that those services meet their objective of doubling the bank.
They advise these selections can also be backed as singles, doubles, trebles and accas, but I’ll be reporting on them just using the Bank Builder staking method.
The first weekend saw the selections survive a couple of squeaky bum moments and my bank growth for these is currently up +20.3%.
With a bit of luck the bank growth from these bets can make up for the loses on the original bank builder bet.