Pre Match Trading – Week 37 Results
8 May Chelsea v Tottenham / Over/Under 2.5 Goals – Won £1.11
9 May Leicester v Watford / Over/Under 2.5 Goals – Won £2.84
10 May C Palace v Brighton / Over/Under 2.5 Goals – Won £2.43
11 May Aston Villa v Chelsea / Over/Under 2.5 Goals – Won £2.16
11 May Man City v Wigan / Over/Under 2.5 Goals – Won £3.94
11 May Espanyol v Real Madrid / Over/Under 2.5 Goals – Won £3.25
12 May Watford v Leicester / Over/Under 2.5 Goals – Won £2.09
12 May Stoke v Tottenham / Over/Under 2.5 Goals – Won £2.56
12 May Malaga v Sevilla / Over/Under 2.5 Goals – Won £1.07
A week’s online football trading profit of £21.45
Total Pre Match Trading profits to date is £250.46. My football betting bank now stands at £350.46, I started off the experiment with a betting bank of £100.00 and use around 75% of my available bank on my trades, which are all done pre kick off using Betfair.
This is more like where I want to be. My weekly target is around 7.5% profit (basically I am happy with anything between 5% and 10%), and Week 37 seen a profit of just over 9% come in. And that was just from the nine matches traded.
The last few weeks have really seen a turn around in fortunes, and it is now starting to reflect in the betting bank.
Without wishing to bore, I am still using my two ticks above and below the back and lay price method (for those not familiar, I mention it every week now). And I am also sometimes going three ticks above and below, mainly on matches with lower liquidity.
Sometimes I’m finding I don’t get matched, but that’s ok as it’s slowly dawning on me that I don’t need to get involved in every match. And as making 9% profit from just nine traded matches shows, not having a losing trade can make a huge difference.
In the past I don’t think I put much emphasis on not losing. I think I traded with the attitude that I needed to get involved in as many matches as possible and in the long run the wins would outweigh the losses.
Which judging by the results from December to March, was clearly the wrong attitude.