Tuesday 25 January 2011

January Update 1st-25th

Ok, this is going to be very ugly viewing. There are few positives that can be taken from this obviously, but I know where I went wrong and was happy to take these risks at the time. Basically, I had a very big bet on New England Patriots to win their AFC Championship NFL game with New York Jets and paid the price. Tom Brady who is usually very reliable and trustworthy had a very poor game and looked passionless throughout. This cost me dear, as I was trading out for a big loss before half-time.

To make matters worse, I also lost big money on Venus Williams a few days later. That really did put the end to the worst week I've had since this time last year. It was really bad timing at its very worst. Venus Williams lost the first set on a tie-break to Sandra Zahlavova then got injured at the start of the second which resulted in her barely being able to move, let alone swing her racket. Everyone thought it was game, set and match, so they piled into Zahlavova at very short odds. However, after a 10 minute injury time-out, Williams came back to miraculously win the set 6-0 then go onto to take the match. This cost me well over 1k. Saying that, all it has done is wipe out my January profit. I can take this hit and start again. Any other questions or comments, let us know.

Btw, I have 2 Betfair accounts, so because this was such a bad week, I started to use my alternative account from the 24th onwards - so that's why you see 2 different accounts below.

January 1st-24th 2010


Australian wallet:



January 24th-25th 2010:


Australian wallet:


Total P&L: +120.12

8 comments:

  1. I have enjoyed reading you blog over the year, but this last post has confused me.

    ''Btw, I have 2 Betfair accounts, so because this was such a bad week, I started to use my alternative account from the 24th onwards - so that's why you see 2 different accounts below.''

    Why do you have 2 account? why should you feel the need to use 2 accounts?

    I hope you havent gone busto.

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  2. No, I was so disappointed and horriied with what happened, so I wanted to start on another account. The Venus Williams loss was painful. Did you see that? I went in big on the basis she could hardly move, then comes back and wins 6-0. I'm ok, and I'm confident next week will be a good one.

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  3. Hi John

    You said that it would be ugly viewing and I suppose the big losses must make you feel that way, but as someone looking from the outside in all I see is a profit on the month of £120.12.

    I think that we have all been in the situation of having big losses. In my opinion you have come out of it quite well, It must have been very tempting to chase and get your money back, I know I would have done in the past, but all credit to you for sticking it out and at the end of the month you still made a profit.

    By the way would you consider adding my blog to your blog list. The address is

    http://www.patientspeculation.blogspot.com

    I will add your to mine anyway.

    Thanks
    Mark

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  4. Thanks Sports Punter.

    Good luck to you as well!

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  5. what and how big was the recent loss to blow the bank John?

    ReplyDelete