Sometimes in betting and trading everything goes wrong at once and it feels like your just giving money away. Then there are times when everything goes well and you feel like your printing money. Well June was the latter and a month to enjoy.
Matched Betting – Sports Offers
With the major football leagues all being finished I thought sports offers would probably dry up a little. Fortunately this hasn’t been the case with some decent offers on the Confederations Cup and the US open. Most of my profit however came from Royal Ascot with there being a large number of decent offers available.
For the month of June I took part in 191 offers. My total profit for the month was £548.
Advantage Play – Casino Offers
There is a recurring theme in the profit and loss for casino offers. At the start of the month I seem to hit a really nice string of profits. This has happened in the two previous months also. No real reason for this its just a pattern that has occurred through randomness. But one that I am enjoying none the less.
This month I have done 65 casino offers. A total profit of £1108 was made. I feel like I am running really well with these casino offers. I haven’t really hit any long losing periods and the profits have been pretty consistent. However I know that that as the sign up offers start to slow down I will be left with the higher variance/high risk offers. Where things might not go as smoothly.
Trading Results
So I have barely traded at all this month with football being pretty quiet. However when I have traded things have gone well and I jumped on the best opportunities when I saw them.
The biggest single profit came from the Rangers vs Progres game. The half time odds for this market were really generous a few days before the game. I didn’t really have to do much research to see it was a good trading position and ended up with a nice profit as the market corrected itself before the game.
In May a mistake on my part lost me over £300. Last month I make another mistake but this one went the other way. I was trading the Vitor Belfort vs Nate Marquadt UFC fight. I had taken Belfort early at odds of 1.9 and put in lay bet at 1.75. However I didn’t lay the full amount and ended up with a losing position should Belfort not win.
Fortunately Belfort did win a decision in his home country with some suspect judging. I picked up £44 for that mistake.
Overall I made 6 trades in June. A total profit of £302 was made.
Quentin Franks Racing – Tipster Service
Quentin Franks pulled out some nice profits this month after struggling a little in the previous two. This month also marked the limitation of my Bet365 account. This was an account that I had for about 5 years and I was beginning to think that somehow I was slipping by Bet365 traders.
The straw that broke the camels back seemed to be backing a horse called Eternal Dream at odds of 33.00 and went off at odds of around 10.00. I was gubbed immediately after this bet.
This is the issue with a lot of profitable horse racing tipsters. Your soft bookmaker accounts won’t last forever but you can make a pretty high return on your investment whilst you do have them available.
Overall there were 111 selections for Quentin Franks. A total profit of £503 was made.
Sports Betting – June Results
The betting gods were pretty kind to me this month. Everything was just super smooth with a consistent stream of winning bets. Now I am not naive enough to think this will happen every month and my number of bets was still pretty low. In total I made 36 bets in June and a total of £833 was made.
My bets consisted of my own personal bets on mixed martial arts. Some of my own bets using the Banker Bets methodology of finding value in shorter odds and also selections from the Banker Bets service itself.
I know a lot of people are turned off by betting at low odds. Thinking there is no value at all in them. But value doesn’t just hide itself at specific odds ranges it can be found at odds of 100.00 or odds of 1.01.
Also looking at Banker Bets long term results he has a 2.6% roi from 1236 bets. It is important to note this recorded at average odds.
Given that I have consistently been able to better these odds by 0.02 decimal places on average. The roi rises to 5% which shows statistically significant edge if you run the numbers through a p-value test. So I am pretty confident that this style of betting can profitable long term.
Thoughts Going Forward
June was a really good month and hopefully I can continue to increase my monthly totals. Still feel like I am slacking off a bit in some areas. But there has to be a balance between work and family life. Given that my children are still small and interested in spending lots of time with their dad. I am going to make the most of it and not worry about the ev that I might be leaving on the table.
Sports betting is the part of my portfolio that I would like explore more. Because the majority of my profit comes from exploiting soft bookmakers it has a shelf life. My plan is to continue to develop betting/trading strategies and find services that are making money solely from Asian bookmakers and the exchanges.
Overall I am happy with things and will just keep doing what I’m doing. Hopefully variance won’t be too cruel and the profits will continue to flow in the coming months.
Summary
Matched Betting – Sports Offers
£548
Advantage Play – Casino Offers
£1108
Trading Results
£302
Quentin Franks Racing – Tipster Service
£503
Sports Betting
£833
Total Made
£3294
50k Challenge Remaining Target
£42,447
Services Used
Oddsmonkey – Matched betting, Value bets, Accumulator offers
Profit Maximiser – Casino offers, Matched betting
Quentin Franks Racing – Horse racing tips