Pre Match Trading – Week 20 Results
7th January Cheltenham v Everton / Over/Under 2.5 Goals – LOST £3.96
12th January QPR v Tottenham / Over/Under 2.5 Goals – LOST £4.62
12th January Everton v Swansea / Over/Under 2.5 Goals – Won £2.78
12th January Hull v Sheff Wed / Over/Under 2.5 Goals – Won £4.64
12th January Osasuna v Real Madrid / Over/Under 2.5 Goals – Won £2.90
12th January Valencia v Sevilla / Over/Under 2.5 Goals – LOST £3.42
13th January Betis v Levante / Over/Under 2.5 Goals – LOST £3.65
13th January Man Utd v Liverpool / Over/Under 2.5 Goals – Won £2.52
13th January Carlisle v Coventry / Over/Under 2.5 Goals Won – £4.06
13th January Arsenal v Man City / Over/Under 2.5 Goals – Won £1.42
13th January Atl Madrid v Zaragoza / Over/Under 2.5 Goals – Won £1.36
13th January Malaga v Barcelona / Over/Under 2.5 Goals – Won £3.68
A week’s football online trading profit of £7.71
Total Pre Match Trading profits to date is £147.03. My betting bank now stands at £247.03, I started off the experiment with a football betting bank of £100.00 and use around 75% of my available bank on my trades, which are all done pre match using Betfair.
It may have been a small profit, but I was mightily relieved to finish Week 20’s trading showing any profit at all.
It’s amazing how after eighteen weeks of profits, just one week of losses managed to send my confidence into free fall.
Looking at things in the cold light of day, a rational thinking person would say I just had a bad week last week… but after my first two trades of Week 20, I thought my whole method was doomed and didn’t work. I didn’t realise just how much my confidence had taken a battering.
I suppose that what didn’t help was my first trade of the week was on the Monday night, so the losses were very fresh in my mind. That didn’t go well, so I decided to lick my wounds and wait for the weekend, hoping the break would see me right.
It seemed to work as things were going fine with the QPR V Tottenham match to start with, I had managed to get myself just under £4 green on both sides of the trade. But then I put up a trade on one side of the market, I got matched, and then the price went south leaving me stranded.
That hammered my confidence even more. To make things worse, I was unsure about whether to re enter the market when I did, but I decided to go for it rather than take a more cautious approach, and it was that decision that backfired and resulted in me turning a near £4 win, into a £4.62 loss.
To say I was a bit gutted at about 12.45pm last Saturday would be an understatement, I really did start to feel that the previous 18 winning week’s must have all been a fluke, and that this was reality.
I persisted with things though, and got three winning trades after that, before I did the exact same thing in the Valencia V Seville match, as I did in the QPR V Tottenham match. I couldn’t believe it, I was raging with myself.
Sunday didn’t get off to a great start either, as I lost again in my first trade on the Betis V Levante match, by this time I really was thinking my system was doomed.
Thankfully things went ok after that. With the exception of the Carlisle V Coventry game (of Sunday’s trades), I didn’t mess around continually going back into markets for more trades. I just got a profit on each match, and moved on.
It’s hard to know when to get out. I say I failed on Saturday by not getting out of the QPR and Valencia games early enough, but then I won a bit extra on the Carlisle game on Sunday by going back in 3 or 4 times. I really don’t know what the answer is, maybe I need to start keeping more detailed records than I currently do.
Anyway, I was back in profit and that’s the main thing I suppose. The plan is too try and be a bit more cautious again now, so lets see how I get on next week.