Didn’t do a massive amount of trading during Week 5 due to a couple of reasons, but am pleased to say that I have recorded my fifth straight week of pre match trading profits. Again, not a huge amount, but an adequate return based on the percentage of the amount I was using for my stakes.
I only traded the four matches (five different markets), and using a betting bank of £100.00, I made a profit of £7.18. That is within the range I was aiming for, although I now believe that it should be possible to make 10% a week using this method.
If it hadn’t been for losing £1.00 on the final trade of the weekend, I would have had a return of over 8% from three games on Saturday. Ok, so not every game will be as profitable as the Arsenal V Chelsea match was, but if I up my work rate – which is a given as not every week will be as hectic as last week – I see no reason why the 10% can’t eventually be achieved.
The results are as follows….
29th September Arsenal v Chelsea / Match Odds – Won £3.61
29th September Arsenal v Chelsea / Over/Under 2.5 Goals – Won £1.09
29th September Everton v Southampton / Over/Under 2.5 Goals – Won £2.56
29th September Sociedad v Ath Bilbao / Over/Under 2.5 Goals – Won 92p
30th September Aston Villa v West Brom / Over/Under 2.5 Goals – Lost £1.00
Week 5, profit of £7.18
The Arsenal V Chelsea game was one in which I believed that Arsenal (at 2.30) were a touch long in the outright market on the Friday night. As it turned out they did get backed in to 2.24 the last time I looked on Saturday morning, not sure what their starting price was though.
I placed 3 backs and 3 lays pre match to make the bulk of my week’s profits. I did check the online bookmakers prices first too see how they were pricing the match up. My last blog post goes into more detail about how I traded this game pre match. I also traded the Over/Under 2.5 goals pre match and made a little profit there also.
Onto the Everton V Southampton game, and I again profited trading the Over/Under 2.5 goals market. I traded this one tick at a time on two or three occasions, but as I was laying first at around 1.67, I had more leverage when it came to backing, as I was laying £150.00 (£100.00 betting bank liability), meaning larger profits from one tick trades.
The Sociedad V Bilbao match was traded with quick in and out bets. I did a couple of one tick trades, two or three times in the 10 minutes before kick off for some pretty easy money.
Then to finish, I did the Villa V West Brom match. I was updating one of my websites at the time and my mind was elsewhere. It was a stupid lazy trade, and it got what it deserved. The Over/Under 2.5 goals was trading at around 2.00 to 2.02. I put up two lays up on either side of the market, both at 1.99 and just left them, expecting them to both be matched when I checked back.
I’ve been betting, gambling, trading, whatever you want to call it for long enough now to know full well that you can’t get away with that. It was complacent and pretty damn stupid, I know it was only £1.00, but it was 1% and it was slack and a reminder that I can’t behave in that way.
It was a disappointing way to end my first months trading, but all in all I have been happy with my first months results – profit of £29.41 (from £100.00 starting bank) – which I will write about in the next couple of days.