50K Betting And Trading Challenge – August Results

After a tough month in July did things turn around in August?

Matched Betting – Sports Offers, Accumulators, Arbitrage

50k betting and trading challenge

This month I have put most of my focus into strategies that are basically guaranteed to make money. The graph above combines regular matched betting offers, some arbitrage and also plus ev accumulator bets.

There is a part of my ego that gets a kick out of making money from sports trading and sports betting. As they require a bit more skill then matched betting and I find it more rewarding. However ultimately if I just want to make money and look at my portfolio as a business. Then a bigger focus on matched betting is the easiest way to increase my profit margins.

In the past I have skipped over offers that are only worth £2 or £3 but in August I really upped my volume and tried to take advantage of as many offers as possible.

During August I took part in 261 matched betting offers. A total profit of £1261 was made. 

Advantage Play – Casino Offers

I took part in 109 casino offers during August. Focusing mostly on the lower risk offers and I also decided to do more active with the slot offers on various bingo sites. There were a few higher risk offers chucked in but none of them paid off.

What you can see though is there was not much variance or volatility in my results. My biggest single win was £278 from £5 bingo slots bonus. My biggest loss was £200 from a high risk casino sign up.

Overall a profit of £733 was made from advantage play.

Pretty happy with my volume through August. During September though I plan to add in more high risk offers. Which have a larger ev but also an increased risk of losing more money. In the short term this might not payoff but long term should increase profits.

Trading Results

With the main leagues kicking off again there has been more opportunities for pre match trades. The Mayweather vs Mcgregor market was a tough one for me personally. As I thought Mayweather was huge value at odds of around 1.25. But Mcgregor backers were in force and this price drifted giving me my biggest trading loss of the month.

50k betting and trading challenge

I used my usual tactics in the secondary football markets to make some profits. Just waiting in good positions for recreational punters to place bets that aren’t value. Then trading out when the market is more liquid.

50k betting and trading challenge

Overall there were 12 trades and a profit of £111 was made.

Quentin Franks Racing – Tipster Service

50k betting and trading challenge

It seems to be a case of the same old story with Quentin Franks. The last five months have been a real struggle to grind out a profit with this service. In fact since the challenge began its showing a small loss of –£18.60. Quentin Franks selections are still crushing the starting SP on average so I do think its just a case of going through some rough variance.

However it is a service that requires a bit of time and planning to follow. Due to the odds movement on his selections. Hopefully that time will be repaid in the form of some nice profits going forward.

During August there were 65 selections and a total loss of -£16.60 was made.

Sports Betting – August Results

50k betting and trading challenge

As you can probably see from the graph above there were not a huge amount of bets this month. I only made a few bets that were from mostly my own analysis.

The biggest single bet I made was on Floyd Mayweather to beat Conor Mcgregor at average odds of 1.27 for £600.

In total there were 13 bets. A profit of £400 was made in August.

50k betting and trading challenge

Summary

Happy to get back on track this month. Plan on really hammering the matched betting and casino offers going forward. This is the easiest way to hit bigger monthly profits. Hopefully can build on this and have a good month in September.

Matched Betting – Sports Offers

£1261

Advantage Play – Casino Offers

£733

Trading Results

£111

Quentin Franks Racing – Tipster Service

-£18.6

Sports Betting

£400

Total Made 

£2486.4

50k Challenge Remaining Target

£39,948.6

Services Used

Oddsmonkey – Matched betting, Value bets, Accumulator offers

Profit Maximiser – Casino offers, Matched betting

Quentin Franks Racing – Horse racing tips

 

Smart Sports Trader

Ryan Bruno is a former mixed martial arts and kickboxing competitor. He loves sports and making money online. After finishing university he played online poker and taught English for a living in Thailand for a few years. Upon returning to England his focus has been on making a living from sports trading, betting and arbitrage.

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About Smart Sports Trader 113 Articles

Ryan Bruno is a former mixed martial arts and kickboxing competitor. He loves sports and making money online. After finishing university he played online poker and taught English for a living in Thailand for a few years. Upon returning to England his focus has been on making a living from sports trading, betting and arbitrage.

2 Comments

  1. Hi – what reload offers are you using for your matched betting? (as in which software of Oddsmonkey/PM are you using? I have both and looking to replicate!

    Noted you also mention + EV ACCAs.

    Seeing your profits is very motivational!

    Thanks!

    • Hi Ben

      I use both daily calendars as I find sometimes one will highlight something that the other doesn’t.
      Use the oddsmatcher to find value bets and arbs. The accumulator software from oddsmonkey, also the extra place software. Had a quite a few reloads via email that are just for selected accounts.

      Pretty much use Profit Maximiser for all the casino stuff.

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