The Bank Vault System: Intro and Selections

Hello again, dear reader, and welcome to Monday's bulletin. As promised, and slightly later than planned, this week we're going to be tracking a system called the Bank Vault Report.

I've had hold of it for a week or so now, and it looks interesting. But of course the proof of the pudding is always in the eating (or, in our case, the punting).

So what is the Bank Vault Report all about? Well, the first thing to say is that it is a laying system, i.e. (as I'm sure you know by now), finding horses to get beaten.

The nature of the system is that it is progressive, and therefore not necessarily to everyone's tastes. By 'progressive', I mean that each day we will identify five horses to lay, and we will quit when we've layed a loser.

In practice, this might work like so:

Horse A has odds of 2.0 (i.e. evens)
Horse B has odds of 2.5 (6/4)
Horse C has odds of 2.2 (6/5)
Horse D has odds of 1.8 (4/5)
Horse E has odds of 2.0 (evens)

Before we start, we must do two things:

1) Decide how much we are aiming to win, and
2) Calculate what our total liability would be if we were to be unsuccessful with all five horses. Note, its extremely unlikely that all five horses will win (and therefore we lose), but it can happen, and we need to plan for this upfront, and be comfortable with it.

Ok, so let's say we want to win £10. We would lay the first horse for £10 at 2.0. If it loses, job done for the day, as we have our required tenner, and we move on to tomorrow. (I've ignored exchange commissions in this example, which may eat up to 50p from that £10 return).

But if Horse A wins, we then move to horse B, where we are now trying to win £20 (i.e. our £10 daily target, plus the £10 losing stake in the first race). Thus, in this example, we would be staking £30 on Horse B losing. Again, if Horse B loses, that's it for the day. We've made our money and we stop.

So it goes on through up to five horses. In this example, in the extremely unlikely event that all five horses won, we would have a total liability of £386.

Clearly, then, it is very important to know what that number is prior to starting, so if you're not comfortable with it, you aim to win a smaller amount of money until the bank starts growing.

You don't need to worry about doing the maths, as the Bank Vault Report comes with a handy bit of software called the lay calculator, which does the sums for you. (Beware though, it doesn't seem to like my Windows Vista machine. But then, nor does most of the rest of my previously perfectly compatible software! Vista stinks! Big time!)

The Bank Vault Report system makes a couple of very important stipulations about the horses which you should be looking to oppose. Of course, I can't divulge these, as that is the nub of the system.

However, I can say that these 'hidden keys' are very logical and effective.

So, enough of the preamble. Today's lay selections are as follows (remember we will stop when we've made our target profit):

14.30 NA TOI EXPRESS @2.3

16.30 NA KEEP IT SECRET @2.7

19.15 Pont ALAMBIC @2.4

20.15 Pont EXPENSIVE @2.5

20.55 Rosc BIG SYD @2.7

Throughout the week (until Friday), I'll keep track of where we are, what our biggest liability was, and so on, for a notional target profit of £20 per day.

If you want to know a little more about the Bank Vault Report, and just can't wait until Friday, you can have a sneak peek here:

http://tinyurl.com/2u83w7

That's all for now.
Matt