30 Day Update

It's getting a bit like Groundhog Day now, but I might as well keep the updates coming. Like I say, the same old story - using a small bank size and it's having an impact on how well I could do. The rest of this year is pretty much damage limitation now or trying to get a big enough bank size ready for the start of next year because getting over 1k is not going to come the easy way. I think March is the last time my Betfair account saw that much which is quite disappointing, considering how well I did in 2010, but you live and learn by your mistakes.


One bit of luck I did have was, I saw one of those 'one off' £5 free promotions Victor Chandler sometimes offer, so I did what I don't usually do and stray away from Betfair. So I opened an account, got the free £5 bet and placed a 7 match accumulator not really expecting anything to happen. Well it just so happens it won (£68.80) thanks to Aguero's last minute goal for Man City against Villarreal. Nothing to write home about, but it came in handy. I withdrew it all straight away of course and called it a day on Victor Chandler.

I don't use normal online bookmakers such as William Hill, Ladbrokes or Victor Chandler as I feel there is only one place your money will go more often than not, and that's to the bookmaker itself. The odds they all offer are very poor compared to a betting exchange such as Betfair - where you are betting against other people, and your chances of making it pay long term is actually possible because of having the option to 'trade out' of your bet.

My plan now is to somehow acquire the bank size I need, and once I do, trade as I did last year. Whether that happens in the next week, or the next few months, I'm not sure, but the sooner the better. Ready for next year is probably realistic at this stage, but you never know.

18th Sept-18th Oct 2011: (including the Victor Chandler win)


Australian wallet:


Total P&L: +£127.42

30 Day Update

It's been an up and down last 30 days, and a very frustrating one. I've never really had the betting bank-size I used when I was making the kind of numbers you see below (from April 2010), which is my fault as I have been asking the same questions for too long now, when getting a job for a few months would have given me a bank size of 1-2k+ to get going again.


When I was making the likes of above (if you look at the very earlier entries of this blog) I never had any outsides debts and from memory was using around 5k and building gradually through trading - there were rarely any gambles involved. I've just made so many mistakes in the past few months and one of them was playing with a number of small banks and trying to get to 1k+ the fast way, which was not the way to go in hindsight. Another has been waiting for someone to step forward with a couple of grand based on what you can see in the earlier entries of this blog, but there were no takers and in the process I've gone into big debt. Which I only blame myself for.

I'm at the stage now where I need to ask myself questions, and think about how I can go about this realistically as it is having a negative impact on real matters which is not a good thing.

23rd June - 23rd July 2011:


Australian wallet:


Total P&L: +£106.95

7 Day Betfair Update

I'm hesitant to keep updating this in truth because it does not feel right, especially in the difficult times in which we live in. Win or lose it seems a bit tacky and might come across as boastful - but I've started so I will probably continue for a bit. Maybe in future I will start giving more updates on the sports I bet on as opposed to just a straight profit and loss screen-shot. Just to show this isn't guess-work, or a '2 flies on a wall' job. Perhaps when I'm back on track and playing with a the bank size I aim for. In the mean-time, I hope continue to build things gradually.

29th June - July 6th 2011.


Australian wallet:


+£491.36

Update

Last 30 Days: 3rd April - 3rd May 2011.


Australian Wallet:


-£83.52

March Update 4th-21st

Overall it's been a good week, although as always it could have been better. The World Cup Cricket match between the West Indies and India caused me one or two problems. Someone who's won me quite a bit of money in the past, Kieron Pollard, had the opposite affect this time. His decent fielding and some poor shots from the likes of Yuvraj and Pathan meant that I lost on the 275 runs or more market from a position they should have really passed. Especially with the batting they had to come. Pollard then went on to get caught for 1 run during the West Indies run chase, which meant I also lost on the 39.5+ run-line for the West Indies as they were pretty much bowled-out for nothing after that.

I'd say that's as negative as it got, as there were a lot of positives and some decent wins - which is a first since around mid-January. I even had a winner during the Cheltenham Festival picking 'Sizing Europe' to win the 'Champion Chase' meaning I could trade-out quite early after it led. Despite Horse-Racing being one of my weakest sports for anything betting related.

March 4th-21st 2011:


Australian Wallet:


Total P&L: +£1,348.40

The Last Few Months

2011 has started off quite well and has helped me overcome a disappointing 3 months at the back end of last year on Betfair. Since the 1st Jan 2011, I've somehow managed to make £2,986.71 in total which has more than helped things. I now have the bank size required to make this work, as opposed to taking more risks with certain bets in order to try and boost my starting bank.

Jan 1st-6th 2011:


Australian wallet:


October through to December was pretty much a disaster from a trading point of view. Very few things went right and I was forever making silly gambles in order to try and reach a workable bank size, which resulted in the inevitable. Ever since I came back from the US Open in New York in fact. That's why you see some terrible losses below, especially on the NFL. I'm now past that and feel I have the bank size required to make this work. My 3 month total currently stands at £2,772.64 which as I said above - is only there because of a very good last week.

October 6th 2010 - Jan 6th 2011:


Australian wallet:

Tennessee v North Carolina - NCAA College Football

Complete carnage in this game with odds of 1.01 done on Tennessee. Betfair suspended the market on a Tennessee win, not knowing a play was being reviewed at the end of the game, only for it to be overturned, which lead to NC getting the field goal they needed to tie the game. North Carolina then went on to win the game in overtime.

December Update 1st-30th

I finished the month in profit, but was not as good as it might have been. Mainly due to taking a few more risks towards the end of the month (instead of laying the bets off) to boost my bank size in order to make things easier. Looking back, this was a mistake and was not how I won consistently from February to September this year. It was a good year overall on Betfair, it just didn't end as well it might have done. Hopefully 2011 is a good year.

December 1st-30th 2010:


Australian wallet:


Total Profit & Loss: +£736.53

Happy new year all.

December Update

This is probably the best way for me to keep updating it in future. It's been a really good December so far - just in time for Xmas.

1st-13th December 2010.


+£1,842.63

December's Profit & Loss

It's been an ok December so far, thanks to the UK Championship Snooker. I look forward to Snooker tournaments on TV as I always seem to make quite a bit of money on 'Frame betting'. It's one of my best markets. It's just a shame there are so few tournaments throughout the year. Right now I am watching the Indianapolis Colts @ Tennessee Titans on Sky Sports. I fancy Manning and the Colts to bounce back from Sunday's loss to the Dallas Cowboys, so I have had quite a big bet on them - with the aim to trade-out at around 1.2.



I will do a more comprehensive update in the week sometime.

1st-9th December 2010

+£709.94

England Tonight

I'll be having a big bet on England to beat Montenegro tonight, with the idea to trade-out if there is a first goal. I will only need them to go 1-0 up for this to happen. Montenegro rely heavily on Mirko Vucinic of Roma, so if England can stop him, that's half the job done. Czech Republic are another team under pressure. You've got to like their odds of 1.16 to beat Liechtenstein. Those will be my main 2 bets today.

I've also had a fun £10 8 team accumulator. I don't expect anything from this because you're relying on luck. You never know though. It's a big win if it does come up.



Total P&L - 4th-12th Oct: +£344.42

Profit & Loss - The Last 3 Months

31st May - 1st September 2010



+£9,824.72 between both wallets - which works out at £3,274.90 per month. Not what I had hoped for, but will hopefully get a lot better long-term.

Visit: www.premiertipster.com

US Open Tennis

I watched the start of the US Open yesterday. The pick of the first round has to be Paul-Henri Mathieu's win against Hewitt. I don't think I've ever seen him play as well actually. I've already had a good start, but it's always like this in the early rounds where the matches are predictable if you are careful. I had a decent treble on Oudin, Cilic and Schiavone @ evens as well.

I have tickets for Arthur Ashe Stadium on the 7th and I'm undecided whether I will go to the semi-finals on the 11th. While I'm there, I'm also going to watch the NY Yankees play Baltimore Orioles on the 8th and Thierry Henry's new team New York Red Bulls who play Colorado Rapids on the 10th. That means no Betfair due to it not being allowed in the US. I could do with the break I think.

I've been a bit more careful this last week after the losses I had last week and it's gone quite well. This is how it stands now (23rd-31st) + £1,310.50. I'll update things later after today's play.

7 Day Update

I've put-off updating this over the last few days as I've tried to concentrate on getting my Betfair situation back on track, which has hit a wall in the last week or so. To keep things consistent though, I will still continue to post updates on here. Just to show that it's not all about the wins. It's been a bad week overall. I was probably due one.

I got my Betfair bank size to around £14k 2 weeks ago and now it stands at £8k (with various withdrawals) so I am back in the process of rebuilding again and trying to reach small targets.


I'm going to the US Open Tennis in New York on the 7th September until 12th thanks to winning on Betfair, so seeing as you can't use Betfair in the US, it's the ideal chance to use it as a break.

-£3,842.77

Visit: www.premiertipster.com

7 Day Update

August 7th-14th 2010:




+£4,272.78

The Last 7 Days

August 1st-8th 2010


Australian wallet:


+£5,351.53

6 Month Update

Today I asked Betfair if they could email me a 6 month profit and loss summary from my account. I was quite happy with the results overall, although I guessed it was somewhere around this mark. Also, my turnover on Betfair (bets made) during this time is not far from £1.5 million at £1,417,486. Sounds more than it actually is though, as anyone who uses Betfair will know.

February 2nd 2010 - 3rd August 2010: +£18,637


My strongest market has been Football by a long way making +£10,614, which is more than I thought, and Rugby League (NRL & Super League) my second making +£4,176, with my only real negative coming from MLB losing -£3,088, so I think it's best if I avoid that sport from today.

30 Day Update

20th June - 20th July 2010



+£8,456.58