50K Betting And Trading Challenge – December Results, Goals For 2018

The last month of 2017 has been and gone. Did the betting and trading portfolio continue to bring in a profit?

Matched Betting – Sports Offers, Accumulators, Arbitrage

 

December was a pretty average month if terms of profit from matched betting offers and arbitrage. Running pretty poorly with the advantage betting accumulator refund offers. On a run of 36 consecutive losses at the moment. Would nice if they would turn around in January as that would boost profits quite considerably.

There were 203 matched betting offers, arbs and accumulator bets made in December.

A total profit of £578 was made.

Service Used

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Advantage Play – Casino Offers

The gods of variance were fairly kind this month with a £431 win from a £10 slots refund. Other then that though it feels pretty much like groundhog day slogging through casino offers. It can seem like you are just chucking money away with loss after loss. Then a one big win will shoot you back into the green.

I took part in 109 offers this month.

A total profit of £902 was made

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Trading Results

I focused more of my time on pre match trading this month. Looking at getting myself in positions where I think the risk vs reward ratio is favourable. Then relying on the markets to react as they usually do.

My biggest single profit was £44 on the Man City vs Bournemouth game.

A total profit of £160 was made from pre match trading.

Tipster Services

After removing Quentin Franks racing from my portfolio. I was looking at adding some other tipster services to fill the gap. At the moment however given my bankroll and the amount I would be staking it’s not worth it.

I think my time would be better off spent focusing on other areas. For example arbitrage where my money can compound and grow without the variance included with straight betting.

Lots of people seem to frown on arbitrage betting as its the quickest way to get your accounts closed. However there are several bookmaker that I have barely used for matched betting (Stan James, Sportingbet, Marathon.).

Arbitrage allows me to take some value from them before being limited. Makes sense to keep exploiting them until I can’t anymore. Then move on to the higher variance world of straight betting and following tipster services.

Sports Betting Results

In December I made 14 bets.

A total profit of £258 was made.

I should note the Sampdoria vs SPAL game is showing as the 2nd Feb 2099. This seems to be some kind of error with the Bettin.gs software.

Summary 

2017 has been a good year for me personally. I am healthy in a positive relationship and have an awesome little family.

In terms of financial goals I am not hitting the levels of profits I would have liked too. I can’t complain though as I am blessed to be living in a country and a time where these opportunities even exist. 

Not made any leaps in my trading. I just use methods that are relatively low risk and I have found to be consistently profitable in the long run.

My goals for 2018

  • Get out of the house more – I have found myself attached to my laptop way too much in 2017. In 2018 I really want to get out walking and being much more active.
  • Look at other investments – Matched betting, arbitrage and advantage play are great ways of compounding your original investment. In 2018 I really want to look at other ways of compounding my money passively.
  • Scale up pre match trading – I have been pre match trading for years now and feel really comfortable trading these markets. In the match odds markets I could really be using much larger stakes when the big opportunities arise.
  • Write more, develop this blog – Two of my favourite blogs to read are Sam Priestley’s blog and Mr Money Mustache. These are two blogs that I think offer a lot of value and cover really interesting subjects. I would really like to branch out and write about things that aren’t directly related to the sports betting markets. As once you understand Matched Betting, Arbing and Value Betting you have a really solid cornerstone to start making good money.

Results

Matched Betting – Sports Offers

£578

Advantage Play – Casino Offers

£902

Trading Results

£160

Sports Betting

£258

Total Made 

£1898

50k Challenge Remaining Target

£33,636

 

 

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 103 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.

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