50K Betting And Trading Challenge – April Results

April has ended and the first month of the challenge is in the bag. How did it go?

Advantage Play – Casino Offers

50K Betting And Trading Challenge April

This month I have got through 57 casino offers. There has been a mixture lower risk offers such as bet £25 get £5 free on blackjack. With a mix of higher risk sign up offers where you have to rollover several thousand pounds.

My biggest single win was £379 from a sign up bonus. Biggest loss was -£100 also from a casino signup offer. In total a profit of £885 was made from casino offers this month.

50K Betting And Trading Challenge April
Been playing a lot of Retro Reels this month.

I would like to ramp up the amount of casino offers I do in the future. These offers have the highest EV out of everything in my portfolio. So it would make sense for me to put more time and effort into them. Pretty happy with the overall results, no major drawdowns. As my bankroll increases I can can get a bit more aggressive with the higher risk offers and use larger stakes.

Matched Betting – Sports Offers

Betting And Trading Challenge April

That’s a nice looking graph right? With matched betting it should never really look much different to that. Lots of small losses with occasional spike in profit when you trigger an offer.

In total I took part in 185 matched betting opportunities. A total profit of £787 was made.  

The majority of the profit came from horse racing offers and William Hills 4 means more offer. There were a few sign up offers I took part in also.

Overall I think profits look alright. Could I have done better? Yes. There are a lot of small offers that I pass over. It’s laziness on my part but I don’t want to deposit money at a bookmaker for an ev of a £1. These offers do add up over the long term but don’t think its that time efficient.

Accumulator Offers – No lays

Betting And Trading Challenge April

I made 33 accumulators this month. A total profit of £46 was made.

Not much to see here. Pretty low volume as the season draws to an end. At this time of the season there are mixed motivations for sides and lesser sides seem to be able to grind out better results. If I can get some accumulators where all the teams are still actively competing for something then I will. But otherwise I will leave them alone until next season.

Trading Results

Betting And Trading Challenge April

All of my trading this month was pre event. Mostly pre match trading on football but there was also two horse racing trades. Multiple trades were also made on the Joshua vs Klitschko fight.

After 21 trades a total profit of £403 was made. This consisted mostly of lots of small 3 or 4 tick moves. The biggest single trade was on Real Madrid vs Valencia game.

There were two factors to this trade. Ronaldo was a slight doubt for this game but most reports indicated he was going to play. I knew that this would cause the price to shorten. Valencia at one point early in the week were priced 14.00 to win at the Bernabeu. My own analysis had this way too short so I took advantage.

I actually exited these trades a little too early but still a good profit was made. 

Betting And Trading Challenge April

Quentin Franks Racing – Tipster Service

 

Betting And Trading Challenge

Quentin Franks suffered a rare losing month. At one point things were looking pretty grim at -£810 but I knew this downswing would not last too long. A few wins right at the end of the month lessened the damage.  

They were exactly 100 selections from Quentin Franks this month. A loss of -£226 was made from this tipster.

I have followed Quentin Franks for a long time now. No tipster that I know wins every month and there is always going to be negative months. I am sure that in the coming months Quentin Franks will deliver the profits.

Sports Betting – Value Bets and Personal Bets

Betting And Trading Challenge April

I made 28 bets in April. They were a combination of value bets found using the oddsmatcher software from oddsmonkey and my own. A profit of £119 was made.

Not much to take from these bets really. Tiny sample size and something that I may increase as more of my soft bookmaker accounts get promo banned. For now though it will mostly be my own mma bets and a few value bets when I spot them.

Betting And Trading Challenge
A few of this months bets

Summary

In terms of profit I have not really smashed it out of the park. But its been a pretty solid month and an enjoyable one. Spent a lot of time with my kids and family during easter. I don’t mind sacrificing some money as a result.

Feel like I haven’t got the balance completely right yet in regards to my portfolio. I would like to focus more on the casino offers, also spend less time on the computer when there isn’t much going on.

This month I have looked at maybe adding some more tipsters to the portfolio. Golf seems to be a market where there are some decent tipsters. Also recently finished a trial with The Football Guru which is a good service. It is coming to the end of the season so not sure what will happen with the service. It might go on a hiatus or tip in the summer leagues. One that I will start following in the new season I think.

Here is a breakdown of this months results.

Advantage Play – Casino Offers

£885

Matched Betting – Sports Offers

£787

Quentin Franks Racing – Tipster Service

-£226

Accumulator Offers – No lays

£46

Trading Results

£403

Sports Betting

£119

Total Made 

£2014

50k Challenge Remaining Target

£47,986

Services Used

Oddsmonkey – Matched betting, Value bets, Accumulator offers

Profit Maximiser – Casino offers, Matched betting

Quentin Franks Racing – Horse racing tips

12 Comments

  1. Ryan
    Is Profit Maximiser that much better than Oddsmonkey for the Casino offers & other stuff? I have OM but haven’t bothered with PM yet as I thought they would probably duplicate each other.

    Great blog by the way, good luck with the challenge!

    • I use both of them. There is a lot of crossover between the two. I use Oddsmonkey for all the software they provide. Profit Maximiser has a bigger focus on exploiting plus ev casino offers. You could take up the 14 day trial and see if you think it offers you any value.

      • Thanks. I’m sure Profit Maximiser has value, but I REALLY dislike the way it is advertised, if you can see what I mean. Do you use all of the components of the Betting Mastermind pack, or just Profit Maximiser? Besides the Betfair trading components and EV Maximiser, everything in else in Betting Mastermind looks the same as Oddsmonkey, just much more expensive! Is that fair?

        • Yeah I agree with you. I think the way they market it isn’t great. The product itself though is excellent.

          I only use Profit Maximiser as Oddsmonkey’s software covers most other things. Oddsmonkey does throw up some casino offers but not nearly as many as Profit Maximiser.

          For me personally they are both great investments as the return I make from them far outweighs the cost. If I was just matched betting then I would go with Oddsmonkey.

          • Ok great, thanks for your replies, sorry to derail the comments a bit!

            Once again, great blog, you have really inspired me to move on from just matched betting and I shall be following your challenge closely (and hopefully trying to emulate it to some extent)!

  2. PM use a different method of calculating ev, I have a product called ev maximiser which is from the same stable and has all the training for high risk casino offers.

    • Have you ever used Oddsmonkey for casino offers? I’m only just starting out on them so not sure if EV maximiser would be too advanced for me at the moment…

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