Feb 16th – Feb 22nd
Another poor week, which is sadly becoming the norm. Total profit went down to 21k this week before a good tennis night last night. Hopefully a new format will change my luck. I will try and post weekly profit for each sport as was suggested by Adam in the comments section. If anyone else reads this blog and has any ideas of how it could be better then please add your comments below.
I have been thinking of expanding my portfolio of tipsters I follow after the success of my Horse racing tipster. If anyone has profitable tipsters they use and make profit off then I would love to hear about them. I have a few I will be starting soon and will update their results on this blog.
I really can’t pinpoint how I lost so much this week, so with the new format it will be much easier to see where the money is going. This week I will just post totals and from next week it will be easier to work this out. The following results are from 1 July 2010 to Feb 22 2011 and are just those that I am still currently betting on.
Soccer H2H $119,475.00 $6,677.55 5.6%
Over Soccer $63,282.00 $3,272.89 5.2%
Under Soccer $155,737.00 $5,513.90 3.5%
Tennis – ATP $143,035.00 $(7,195.72) -5.0%
WTA – Tennis $114,376.00 $3,674.24 3.2%
NHL – Totals $102,271.00 $(5,675.46) -5.5%
NBA Totals $108,657.00 $6,463.12 5.9%
Horse Racing $44,782.00 $4,211.40 9.4%
Kiwi $83,940.00 $398.55 0.5%
Mo Horse $21,000.00 $(1,504.70) -7.2%
Golf $2,623.00 $320.75 12.2%
TOP3 $11,189.00 $295.00 2.6%
100k Horse $10,112.00 $(5,013.30) -49.6%
Lays $2,664.36 $(639.64) -24.0%
Value $2,000.00 $8.00 0.4%
Total loss for the week was $3952
Stats
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Total bet amount: $1,578,637.37
Profit/Loss: $25,072.08
POT: 1.6%
Bets Placed: 4,334
Won: 1,792
Lost: 2,388
Half Payout: 1
Refunded: 153
Winning %: 42.9%
Profit per day: 25,072.08 / 237 = $105
Steve – following on from the questions and comments about the soccer – I was inspired to backtrack and test out what would have happened IF before the start of 2010 soccer seasons, I had applied your logic and only played leagues with 10% ROI historically.
From the website I got: (this is start of 2010 seasons in all leagues, right up until Jon’s break just now)
H2H staked 218k profit 5061.
Totals staked 349k profit 2267
As you can see 2.3% ROI and 0.65% ROI respectively.
So its certainly fair to say your minimum overlays are of serious use I think!
Thanks Adam, I will continue with them. Not only does it appear to greatly improve the ROI, but also saves me a lot of time by not having to place as many bets.
Do you use 1/6 kelly across the board Steve, for H2H and totals? I see the default in the soccer calculator sheet is 1/8 Kelly.
Thanks
Adam
I’m using a bank of $50,000 with 1/25 kelly for all
Ok – no risk of going broke then!
I have run a little test on the soccer over the last couple of days. I reckon you should have had a pretty good friday and saturday, my test has obviously started at a nice time returning 22.7% ROI!