Sep 3rd – Sep 16th +$5,533.03
I’m still alive. Although barely. I managed to pick up whatever virus was going around last week and that in turn has brought back my childhood asthma. Ahh joy. Nothing like a wheezing 30 something struggling to breathe while sitting still. I’ll keep this fortnightly update short. I think this is only the second time I have not posted on time. That’s a pretty impressive strike-rate for something as mundane as a weekly profit and loss post.
Sportpunter just continues to be Sportpunter, and by that I mean making it rain dollars. AFL made $2,400, MLB Totals $10,750, NFL Totals $6,550 and NRL lost $21. I’m looking at upping my stakes on his other models to come more in line with AFL.
ClubGOWI had a week it would like to forget. I believe it lost about 20 units, which for me would be $10,000. I ended up down $6,000 as many of the bets never recovered their price (thank god) and that saved me from losing a further $4,000. It’s a weird feeling to wake up and see the scores and then hope your bets didn’t get matched. I’m sure Keith will bounce back.
Diamond Edge and PCG have been a real let down this year. While I like Diamond Edge as it’s simple to place bets and I can beat the odds quoted, the results have not been great. $1,900 lost this fortnight. Even worse is PCG, who has been poor since the day I joined. This fortnight we lost $1,000. I love how tipsters always say the same thing when a bad run is happening for them. We saw it with the Football tipsters last season (the ones who lost because they picked aways mostly said they had never seen so many home wins, and the ones who relied on home wins said it was the first season where draws were hitting more then usual). PCG has continued that trend by saying that he has never seen a run like this in MLB. Pretty funny that it seems that whoever I follow, these runs that never happen seem to happen on a very regular basis.
I had 4 seconds in the Golf over the past 2 weeks. So close, but not quite there. Jason Kelly lost $875 and Betswot lost $645.
Onto the soccer and I’ll keep my comments short this week as it is still early days and I want to give certain services a chance before I blast them. The first huge bet of the season was on Wrexham, but as the odds quoted were nowhere near close at game time, I had to leave this bet, which cost me a $6,000 profit. In midweek games the bet was again on them, and this time the odds did come back, they lost off course. Owltips made $650 but I have decided to stop following the service. It just isn’t right for me. I’ll write more about it next week. Football Value made $160, and FBI Combo bets made $1650. Mike Lindley bets lost $550 and I am playing his Winabobatoo service at $500 flat stakes on all Band A-C bets. That lost $1,250 over the first 2 weeks. I have real issues with odds recording for this service, but will give it more time before saying too much. TFA continued on from last season with a loss of $4,800. You will have to remember that my odds will not match official results for most services as I do not (because it is impossible to) bet when the tips come out. The limits are too low and the odds move too quickly to make it viable. I only place the bets if the odds come back within at least 7% of the quoted prices.
Had a few days over the last 2 weeks where I thought I might finally hit parity, but it wasn’t to be. I now have to rely on Soccer results to lift we back into profit for the year. I have already taken a bit of a hit early on in the season, and my confidence in Soccer once again is already waning. But early days and midweek is looking huge for both TFA and Winabob. Hopefully it results in some great profit. Back to bed for me.
[mc4wp_form]
Total Profit for the week was $5,533.03
Stats Year 5
Total bet amount: $1,284,123.00
Profit/Loss: $(18,150.81)
POT: -1.41%
Bets Placed: 1854
Won: 765
Lost: 901
Half Payout: 16
Refunded: 172
Winning %: 45.9%
Total profit per day: $329,374.03 / 1539 = $214.01
Total Turnover: $15,626,866.37
Total ROI: 2.11%
AFL H2H – SP $43,156.00 $9,961.42 23.1%
week profit/loss: 55
AFL Line – SP $230,839.00 $(24,059.57) -10.4%
week profit/loss: 2374.38
SP MLB $208,924.00 $13,359.23 6.4%
week profit/loss: 10743.50
NFL Totals $12,453.00 $6,547.54 52.6%
week profit/loss: 6547.54
NRL SP $32,433.00 $5,033.35 15.5%
week profit/loss: -21
ClubGowi $146,749.00 $6,729.21 4.6%
week profit/loss: -5653.74
GOWI $3,182.00 $919.00 28.9%
week profit/loss: -325
Diamond Edge $123,500.00 $2,759.00 2.2%
week profit/loss: -1921
PCG $103,167.00 $(4,750.71) -4.6%
week profit/loss: -1010.15
Jason Kelly Golf $4,166.00 $(3,566.00) -85.6%
week profit/loss: -875
Betswot $5,813.00 $(4,058.00) -69.8%
week profit/loss: -645
OwlTips $18,127.00 $105.00 0.6%
week profit/loss: 650
FB Elite $3,000.00 $(1,050.00) -35.0%
week profit/loss: 0
Football Value $5,000.00 $(925.00) -18.5%
week profit/loss: 160
TFA 21 $6,500.00 $(2,315.00) -35.6%
week profit/loss: -2315
TFA 41 $8,000.00 $(490.00) -6.1%
week profit/loss: -490
6-21-31 $2,000.00 $(1,500.00) -75.0%
week profit/loss: -1500
D1-D6 $500.00 $(500.00) -100.0%
week profit/loss: -500
Mike Lindley $3,000.00 $(550.00) -18.3%
week profit/loss: -550
WINABOBATOO $14,000.00 $(1,236.50) -8.8%
week profit/loss: -1236.50
FBI combo $2,000.00 $1,640.00 82.0%
week profit/loss: 1640
Hey mate, glad you didn’t die. Ready to reveal the bones of your TFA portfolio yet, I’m intrigued to see if you were given the same portfolio advice as I was (very non correlated, makes sense).
Yeah, not correlated much. I’ll try and talk about it next week
I am sure you have mentioned this before Steve but how did you come up with the 7% rule for prices you will take? As opposed to 6% or 8% or whatever.
Hi Steve, you’re not betting the line with SP NFL? His results look good on his page don’t they? Can I ask what stakes you’re using for MLB, NRL and NFL compared to his suggested bets page? Many thanks!
It is fairly random. I believe long term to advised odds, the likes of ClubGOWI, TFA, WINABOB will produce about a 7% ROI. WINABOB also sent me data which showed that taking 7% worse or better odds on his selections (closing odds), resulted in a loss. I find it hard to not take the 7% better odds.
Jonno did some analysis on his website where the line bets didn’t perform till round 11 I think. I’m betting 5x what it shows on the website
If a tipster has 7% ROI and you assume average odds of 2.00 and a 50% strikerate (very simplistic assumption, but could hold up for football tips with a tipster like Club GOWI) then you can take up to 12% worse odds than advised and break even.
Hey, I was wondering how you made 6.5 K betting SP NFL totals while this model lost 1 k SP dollars as stated on their site ?
http://www.sportpunter.com/nfl/bettingrecord.htm
Yep, but I really see no point in taking breakeven bets.
I missed a fairly large loss on a Monday game (just forgot it was on), and I also use a higher min overlay.
Unrelated, but how is the ANZ rewards card going?
big thumbs up so far. Received $1,000 in rewards already.
Can I ask what parameters you’re using Steve, I’m following the suggested and losing 30% on the totals. I haven’t bet on the lines yet, they are up 30%…….bummer
The only difference is I use 10% overlay. I looked over the results, I found a better line then the ones recorded, it was one of my biggest bets and while I won, it officially lost (I believe Jonno records at closing lines).
I also haven’t followed lines. doh
Thanks Steve, why 10% instead of 5%? The lines look pretty compelling, I might have a go at them 🙂
honestly, I can’t remember why I changed it, must have been down to some research Jonno did years ago. Be careful with the lines, they should revert back to their mean, which for the first 11 weeks is not good.
Understood Steve, thanks as always for the advice