Making A Million From Sports Betting And Trading – August Results

August was a stange month where I logged in way more losing days then usual.

There were more losing days then winning ones and I will admit that logging a minus into my overall P/L day after day was disheartening.

However profit and loss for August was actually ok due to to one mega Saturday where everything went right.

Lets delve into the results.

Sports Betting and Trading Challenge

Matched Betting – Sports Offers, Arbitrage, Value Betting

With the return of the big football leagues came a lot more value betting opportunities. Matched betting offers still seem pretty slim compared to the past but its just a case of evolving and taking what opportunities there are.

Its clear that the golden days of matched betting are gone and it had to happen as matched bettings popularity sky rocked and it started to have a bigger impact on bookmakers profit and losses.

This month I got more use out of my limited accounts hitting value bets on horses and football for whatever I was allowed to get on. I didn’t log these down as often they were £5-£10 bets and I spend enough time in front of my laptop as it is. Bet365 in particular are a good bookmaker for this if you find yourself limited.

In August there were 333 matched betting offers and value bets.

A total profit of £1948 was made.

Service Used

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Betting And Trading Results - June Report

Bookie Bashing

Advantage Play – Casino Offers

Onto the advantage play methods where I look to make a profit by taking advantage of casino bonuses.

So again in order to free up in time I have stopped recording offers with an EV of less then £4. I still do offers with an ev of less then £4 because they usually take 2-5 minutes and its a decent return for your time.

In August I did 116 offers.

A total profit of £634 was made.

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Betting And Trading Results - June Report

 

Sports Betting Results

Its fair to say August was not a good month for my sports betting results or for anyone following the Smart Sports Trading Service.

In total I made 13 bets.

A total loss of -£501 was made.

My betting is pretty low volume month to month so I can’t expect to have winning months all the time.

Long term though with a 14% roi over 610 bets I am pretty happy that this is an area which will continue to bring profit.

Trading

Starting from September I will seperate my own trading results with the results I get following Trade On Sports.

Again due to looking to spend less time on my computer I have put all trading results together but I will be honest alongside my own trading and the amount of strategies on offer with Trade On Sports it makes sense to seperate them.

My combined profit and loss for my own trading and the selections from Trade On Sports produced a loss of -£413.

The majority of these losses came from the in-play football selections from Trade On Sports. It went through a rough period in August and although it recovered by the end of the month. I missed a lot of winning trades due to being out with the family over the school holidays.

These things happen with betting and I am sure the variance will even out.

Alongside the football bets, I follow the tennis selections and will be adding the NFL selections to my portfolio.

In future updates these will all be recorded seperately.

Service Used

Results

Matched Betting – Sports Offers

£1948

Advantage Play – Casino Offers

£634

Trading Results

-£413

Sports Betting

-£501

Total Made In July

£1668

Overall Profit Since The Challenge Began

£64,180

Remaining Target

£935,820

 

Thoughts Going Forward

August didn’t feel like a great month although results ended up being decent enough.

One thing that I did find tough was managing my trading and betting around spending time with my children whilst they are off. There has to be a balance where I can’t just take a month off but I also want make sure I am not stuck to my laptop most days neglecting time with my kids.

Happy enough with my overall portfolio of strategies and services that I am using. I have thought about trading horse racing again. This was something I used to trade and had some success with but again its tough to do everything and  its important to find the right balance.

Hope your August went well and if your interested in joining the free Smart Sports Trading Service there is still space available.

Till next month!

 

Making A Million From Sports Betting And Trading – July Results

So July has been and gone.

We are into August where the major football leagues kick off and the weekends get much more exciting.

How were results in July?

Any closer to the next milestone of £100k in total profit?

Sports Betting and Trading Challenge

Matched Betting – Sports Offers, Arbitrage, Value Betting

July was a good month for value betting and matched betting.

I didn’t do arbitrage betting at all.

There were plenty of horse racing offers as per usual and the Copa America alongside the African Nations cup threw up some decent value bets.

Things have ticked over pretty well before the volume picks up again with the big European football leagues kicking off.

In July there were 148 matched betting offers and value bets.

A total profit of £945 was made.

Service Used

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Betting And Trading Results - June Report

Bookie Bashing

Advantage Play – Casino Offers

This month I took on some more high risk offers.

There was a noticeable drop in value bets compared to the previous month and on a few days there really wasn’t much going on the Profit Maximiser or Oddsmoneky calendars.

So I ended up playing a lot of blackjack.

The month started well dipped in the middle before rallying at the end, pretty normal swings with advantage play.

In June I did 172 offers.

A total profit of £983 was made.

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Betting And Trading Results - June Report

Sports Betting Results

Low volume seems to be the theme for this month.

Sports betting was no different with a total of 17 bets being made.

A profit of £595 was made.

The bets were mostly on Mixed Martial Arts with a few in-play football bets also.

Found myself watching the Chinese league quite a lot this month.

Liquidity for this league has picked up quite a lot.

Its interesting as there is a cap on foreign players.

This means you get world class players like Hulg, Oscar, Arnautovic playing alongside a load of Chinese dudes that probably wouldn’t make it into a League 2 team.

Its a league I would like to trade more of as injuries to these key players causes huge swings in the odds which are great for trading.

Trading

Last month I added the Trade On Sports Service to my poftfolio of strategies and systems.

I was immediately impressed with the amount of options and data you get with the service.

However for now my focus has been on the tennis bets and lays.

Along with the in-play overs bets which are provided by a bot that uses Telegram to signal the games to bet on.

A total profit of £488 was made from TOS and my own trading.

Service Used

Results

Results

Matched Betting – Sports Offers

£945

Advantage Play – Casino Offers

£983

Trading Results

£488

Sports Betting

£595

Total Made In July

£3011

Overall Profit Since The Challenge Began

£62,512

Remaining Target

£937,488

Why Do You Bet?

Decent results for what has been a much lower volume month then normal.

Next month I will be lowering my hours at work which means that I will be only working two days a week.

This means that in the future I am going to have much more time for trading and may add some additional betting services to increase my overall volume.

Why Do You Bet?

I bet and trade pretty much everyday day.

But whats the ultimate goal?

I am someone that really values time over anything else.

My car is a second hand ford fiesta, I am not bothered about branded clothing or nice watches.

For about six years I have worn the same two shirts to my weekly Monday night six a side games.

Its either the purple one or the yellow one.

I get a kick out of living frugally, its something that I actually enjoy.

I don’t own anything flashy at all, pretty much all my profit goes into growing the bankroll and being reinvested.

If you do like stuff like flashy stuff thats cool I understand when you work hard you want to reward yourself.

Betting and trading though for me is all about creating freedom of of time.

Being able to watch my kids in the school play on Wednesday afternoon or take them swimming during the week.

Sitting around with my son playing Tekken and Pro Evo thats what I get the biggest kick out of.

Scaling up my portfolio as time goes on is really allowing me to spend more time doing the things I enjoy and hopefully it continues.

Why Do You Bet?

Let me know in the comments below

Making A Million From Sports Betting And Trading – June Results

So the betting/trading grind continues (I say grind but actually I would be pretty bored without the day to day aspect of betting and trading).

The Smart Sports Trading And Betting Service was introduced in June and has got off to a flyer.

We are half way through the year and so far profits have been pretty good.

Lets take a look at how things went in June?

Sports Betting and Trading Challenge

Matched Betting – Sports Offers, Arbitrage, Value Betting

May saw very little profit made with value betting not throwing up many winners. Eating away at the profit that was made from matched betting.

June however told a different story as the value bets did what they are supposed to do. 

Ensuring a decent profit was made.

In June there were 354 matched betting offers and value bets.

A total profit of £1863 was made.

Service Used

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Betting And Trading Results - June Report

Bookie Bashing

Advantage Play – Casino Offers

Were the casino gods in favour of me this month?

Things were looking pretty grim at one point towards the end of June. A nice run of results right at the end of the month turned what would have been a poor total into a half decent one.

In June I did 208 offers.

A total profit of £789 was made.

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Betting And Trading Results - June Report

Sports Betting Results

In June I started to share some of my sports betting selections with members of the service.

I have always been apprehensive about sharing trades and bets as the majority cannot handle the long term ups and downs of betting. When your sharing winning selections you are great, when your losing your a ****.

However June was an excellent month for my sports betting selections and anyone that joined the free trading and betting service will be in decent profit.

Despite the biggest bet of the month losing which was £500 on Darrion Caldwell.

A total profit of £1436 was made.

 

Results

Matched Betting – Sports Offers

£1863

Advantage Play – Casino Offers

£789

Trading Results

£0

Sports Betting

£1436

Total Made In May

£4088

Overall Profit Since The Challenge Began

£59,501

Remaining Target

£940,499

Plans Going Forward

I really wanted to look at increasing my turnover and doing it with the highest roi that is possibly achievable. However given the amount of time I already put into various different strategies. I wanted to join a service that would remove some of the leg work.

For a while I have been considering joining two services.

One was FTS as I really enjoy Ian’s podcasts and have had positive feedback from current members. The other was Trade On Sports which is a service that has shown to be profitable over a number of years. I haven’t signed up yet but was interested in the racing service if anyone has feedback on that would be good to hear from you.

I have signed up to Trade On Sports and my immediate impression is that it is a service that offers very good value. When I have more experience with the service I will provide a review on site.

 

Smart Sports Trading Service

This service is still free for the time being.

After two weeks someone betting £10 a point would be up around £80

£50 a point bettor would be up £400

£100 a point bettor would be up £800

If you are interested in joining please click here for more information.

Making A Million From Sports Betting And Trading – May Results

2019 seems to flying by and so far profit has been pretty consistent month after month.

Did results in May follow the trend?

Lets take a look.

Sports Betting and Trading Challenge

Matched Betting – Sports Offers, Arbitrage, Value Betting

May saw the end of the football season for most major leagues. 

With no major World Cup or Euros it normally means that the next few months will see a reduction in sports offers and value bets.

I did 301 matched betting offers and value bets throughout May.

A total profit of £32 was made.

So May was a very poor month for what is usually the most consistent part of the betting/trading portfolio. This was due to the performance of the value bets. Now my value bets are mainly based on the odds of the exchanges. It is basically taking what would be an arbitrage bet but not covering the other side.

There is variance involved with this and in May these value bets produced a negative return.

I know that long term value betting will produce a decent profit and hopefully next month they will return to profit.

Service Used

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Betting And Trading Results - June Report

Advantage Play – Casino Offers

On to exploiting casino offers.

With matched betting and value betting not producing the greatest profit. It was left to the advantage play methods to salvage something for the month.

You can see from the graph the month started pretty well and then I broke even for the rest of the month. I could really hammer a lot more high risk casino offers which I might do if this summer is slow. However I have been trading/betting the women’s world cup and some Asian football which has decent liquidity.

In May I did 218 offers.

A total profit of £914 was made.

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Betting And Trading Results - June Report

Trading Results

May was a good month for pre-match trading.

Often the best trades are a case of either getting information before the majority of the market or reacting to new information before the majority of the market.

I also was in the right place right time for an interesting trade right at the end of half time.

Atalanta were playing Sassuolo on the last day of Serie A and a bit of a scuffle broke out right after the whistle blew on half time. I had pictures at the time and saw the referee show a red card to a Sassuolo player. The market did not get suspended and there was no odds movement. I backed Atalanta as quick as possible but the odds didn’t move for about 5 minutes.

It crossed my mind that maybe the red card had been given to a player on the bench but then slowly the odds on Atalanta moved in as the market reacted to what had happened.

Good example of why live pictures are a great advantage when your trading live sports.

I made 11 trades in May

A total profit of £731 was made

Sports Betting Results

During May I made 16 bets.

A profit of £344 was made.

Results

Matched Betting – Sports Offers

£32

Advantage Play – Casino Offers

£914

Trading Results

£731

Sports Betting

£344

Total Made In May

£1989

Overall Profit Since The Challenge Began

£55,413

Remaining Target

£944,587

Smart Sports Trading Service

For a while I have been thinking about providing a betting and trading service. However I have always wanted to make sure that if I did. The service would be one that would offer a lot of value to anyone that joined.

With the likes of Telegram and Discord there is the opportunity now that I can share my in-play football trades. Alongside giving out pre-match trading advice for markets with large liquidity.

Also my own results betting the sport of MMA have continued to produce positive results over a large sample size and number of years. With most bookmakers and also Matchbook offering events almost weekly it would also be easy for me to provide these bets.

The mixed martial arts betting markets in my opinion are a real goldmine. Being a former MMA competitor and someone has been making a profit from betting nearly 10 years now. I can often identify huge value in the betting odds in the majority of events.

My betting stats for the last 2 and half years show a 14.6% roi over 563 bets.

These results are based on betting mixed martial arts and football. There is no guarantee that my betting will continue to produce these results. However it does give me confidence going forward that I will be able to deliver a profitable service.

I will be running this service for free initially. 

This is so that anyone that is interested can get a feel for the service and also so that I can iron out any issues that may arise.

The service will include

  • Pre-Match Trading Advice In The Football Markets
  • In-Play Betting And Trading Advice In The Football Markets
  • Mixed Martial Arts Betting Advice.

I will be capping numbers on the service in order to protect odds.

If you are interested in the service send me an email at [email protected]

Once I have worked out all the details of the service. Then I will send out an email on how you can join the service.

 

Making A Million From Sports Betting And Trading – March and April Results

Making a million from sports betting and trading?

If I told any of my friends or family members that this was something that I thought I could realistically achieve. I am pretty sure they would think I was an idiot.

I mean the majority of people think “The bookie always wins in the long run right?”

So did March and April’s results bring me any closer to that one million pound profit target or is it all a pipe dream?

Sports Betting and Trading Challenge

Matched Betting – Sports Offers, Arbitrage, Value Betting

Alright as usual I will start with results from the low risk tried and trusted methods.

In March and April I took part in 444 matched betting offers, arbitrage and value bets. This number was a lot lower then Jan/Feb as I spent three weeks in Thailand throughout April which I will write about later.

Matched Betting Results

After two months a profit of £2244 was made.

The majority of this profit came from value betting and matched betting.

I did very little arbitrage betting over March and April finding only one really good opportunity using local shops.

Service Used

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Betting And Trading Results - June Report

Advantage Play – Casino Offers

It has been a while since I have had a really good casino win. I remember when I first started taking advantage of casino offers I had two very big wins in quick succession and thought that things would just continue.

However that didn’t happen and as time has gone on I have got used to long losing runs with big wins coming pretty infrequently.

In April however I got back to the casino grind after my trip to Thailand and almost instantly hit a decent win from a free spins offer. The EV of the offer was around £5 but after wagering was done a profit of £760 was made.

Casino Win

In the past I have quite a few emails about casino offers. If you trust in the EV and get in a big enough sample size you will make money. Much like sports betting its a long term investment.Advantage Play Results

In April and May I took part in 273 offers.

A total profit of £1853 was made.

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Betting And Trading Results - June Report

 

Trading Results

In terms of trading it is still low volume. But given its the period near the end of the season you get some pretty big moves. Some teams have a big motivation to win whilst others don’t, teams rest players or give youngsters a chance. If you do your research there are often good opportunities to be found.

Over March and April I took part in 17 trades.

A total profit of £526 was made.

Sports Betting Results

March was a really solid month for my sports betting selections.

A total profit of £1645 was made.

Sports Betting Results

At the moment I am betting mostly my own MMA and in-play football. 

I still like the idea of increasing my volume of bets with tipsters. But from past experience adding tipsters to the mix seems to upset my family/work balance. 

Some run good in March

April was a quiet month for betting due to spending time in Thailand.

However a small profit of £222 was made.

Results

Matched Betting – Sports Offers

£2244

Advantage Play – Casino Offers

£1853

Trading Results

£526

Sports Betting

£1645

Total Made In Mar/Apr period

£6268

Overall Profit Since The Challenge Began

£53,424

Remaining Target

£946,576

Betting Full Time/Thailand Trip

So in April me and my family returned to Thailand.

In my early twenties after finishing university I went to teach English in Thailand and play online poker for a living. It was their that I met my wife and also where my children were born.

Thailand is a beautiful country and I have found in general Thai people to be incredibly warm and nice people.

Thailand Trip
Here’s me standing on a bridge trying to look cool

My wife is from a city called Udon Thani and we spent the majority of the hoilday at her parents house in a small village outside the main city.

It was the first time in my adult life that I remember not having access to the internet for a long period. I have to admit it felt really strange not being able to check twitter or go on flashscores and check football results.

Not doing any betting or trading also felt strange as I spend so much time doing it. This left quite a lot of time to do other things.

To fill that void I did a lot of reading and played board games with my kids.

One of the best books I read was “American Kingpin.” It was based on the American governments attempt and eventual capture of the creator of the site the Silk Road. The Silk Road was a Tor based website that was basically a free market. Drugs, guns, poisons, hacking tools etc were sold on this website. It was estimated to be turning over hundreds of millions by the time was eventually closed.

Using my daughter as an excuse for why I am terrible at golf.

Sports Betting Full Time

I had a lot of time to think in Thailand.

What was my long term goal?

So I have this £1,000,000 target but what I am doing to actually increase my chances of getting hitting it.

At the moment I am pretty content with my results. My profits from sports betting have grown and that is really where I am hopeful of scaling profits up.

Alongside my full time job I making a really good annual income. But I don’t feel like I am really pushing myself that much anymore. I have found what works, scaled it up and now I seem to really just be going through the motions.

Working as a full time sports bettor or sports trader sounds awesome right?

This is what a lot of people that get into sports betting aspire to be.

Having done this full time in the past though I know that mentally it can be pretty tough.

Those losing runs aren’t just little dips in your bankroll anymore, they are this months mortgage payment. Shit what happens if I have a losing month next month? What happens if all the casino offers dry up?

Being Patient

Whilst I still like the idea of doing this full time. I really think that I would need a bankroll of at least £100k to feel somewhat secure. Along with scaling my trading and betting profits up to something that would constitute a good annual wage. If results do continue in the way they have the last year then that £100k should be a matter of just being patient.

Cue the disastrous downswing!

Its funny how your attitude to risk and the loss of money changes if you bet for long enough. I remember betting around half of my entire bankroll on Shane Carwin to beat Brock Lesnar 9 years ago. Jumping up and down in the first round as Carwin put on a one sided beating on Lesnar.

Counting the winnings in my head and making plans for how I was going to spend it. Then the second round came, Carwin’s body had gone into shock due the energy he expended in the first round and Lesnar easily took him to the ground and submitted him.

Today my betting and trading is pretty much no more then data entry. My emotional attachment to the money won and lost is almost nothing. Which is probably what you should aim for if you want to bet professionally, bet like a robot.

But sometimes I do miss having that excitement which I had early on in my betting career.

I speak to people on a day to day basis that want to bet and trade professionally but I think the worst thing that you can do is rush it. It pays off to be patient.

How was your March and April?

Are you betting full time or have plans to?

Would love to hear from you in the comments.

Making A Million From Sports Betting And Trading – January and February Results

So it’s 2019 now and my quest to make total earnings of over £1 million in total profits from the sports betting markets continues.

Has 2019 started with a whimper or a bang?

Let’s take a look at the results.

Matched Betting – Sports Offers, Arbitrage, Value Betting

As time goes on I seem to be value betting more and more. Despite the continued cries of “matched betting is dying,” and “It’s impossible to make good profits value betting these days”. I still see a decent amount of opportunity available.

In order to reach those higher profit levels however it does require much more turnover then it would have say 5 years ago. For those that are willing to put in the work however its still very profitable.

The risk free side of my portfolio still keeps my very busy. The excellent 0% commission offer from Smarkets and Matchbook is great and hopefully it keeps getting extended throughout the year. You can get 0% commission from these exchanges if your are a member of the excellent matched betting service  Oddsmonkey.

Over January and February I took part in 608 matched betting offers, value bets and arbitrage bets.

A total profit of £1961 was made from these methods.

Service Used

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Betting And Trading Results - June Report

Advantage Play – Casino Offers

Whilst the first set of methods remain fairly consistent month after month. It is the advantage play methods that are usually the biggest factor in the profits.

Here are the results for the advantage play methods over January and February.

You can see that throughout January and February there was a pretty steady upward curve in profits despite the odd dip. The majority of these offers were low to medium risk although there were a few high risk offers (Bet365 blackjack offer, Videoslots reloads.)

In total I took part in 476 advantage play offers.

A total profit of £1610 was made.

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Betting And Trading Results - June Report

Trading Results

My trading has been pretty low volume over the last few months. I still pre match trade the football whenever I see good opportunities. I like to lay away teams that are leading by two goals in certain scenario’s and also back strong home sides in the second half if the game is level

However my trading is quite sporadic at the moment as I generally try to fit it in when I have been through all the value betting and matched betting opportunities. I do follow the excellent FTS podcast (which I highly recommend) and follow Ian’s trades when I can.

Over January and February I made 27 trades.

A total profit of £417 was made.

Sports Betting Results

January and February were different months in terms of results.

Here are the results for January

Pretty smooth right, not a lot of volatility and a nice profit at the end of the month.

At the end of January profits from sports betting were £1365.

Then lets take a look at February.

February didn’t start well at all. 

It looked like I might be able to dig myself out of a hole in the middle of the month.

However at the end of the month I was sitting on a loss of -£1160

Over the two month period a total of £205 was made.

The good news is long term my sports betting results are looking pretty solid.

As my sample size of bets gets bigger it becomes less and less likely that my results are just a case of luck.

Which is always a possibility with betting and a big reason why you should always stake sensibly and not get carried away with winning or losing runs for that matter.

Alongside trading this is the area that I have always wanted to scale more. This is still the case and as my bankroll grows from the matched betting and advantage play methods. I will keep on increasing stakes.

Results

Matched Betting – Sports Offers

£1961

Advantage Play – Casino Offers

£1610

Trading Results

£417

Sports Betting

£205

Total Made In January/February period

£4193

Overall Profit Since The Challenge Began

£47,156

Remaining Target

£952,844

Summary

It’s been a good start to 2019.

Results have been pretty solid with all of the methods that I use. Only sports betting has not produced decent profits early on but given its low volume it requires a much longer view point.

I have thought a lot about what my long term focus is.  The thought of looking to go full time in 2020 has crossed my mind quite a few times recently, as currently I balance full time hours alongside my betting.

Having the ability to spend more time with my family and not being obligated to work is something that (like most people) really appeals to me. To do this though I would need a decent sized bank and look to increase my profits in areas that don’t require soft bookmaker accounts or casino’s in order to feel comfortable.

How has the start of 2019 gone for you?

Let me know in the comments below.

2018 Review – Making A Million From Sports Betting And Trading

The blog has been pretty quiet the last few months. My main reason for not writing much has been to spend less time in front of the computer. Obviously with the large amount of matched betting/trading/exploiting casino offers I do it involves long hours in front of the computer.

This isn’t healthy so for the last few months I have prioritized spending more time being  physically active.

However I am still pursuing my goal of making lifetime profits of over a million pounds.

In this article I going to take a look at my results over the year and also go into more detail about the methods I use to make these profits.

2018 Results

Total Made In 2018

£26,192

Overall Profit Since The Challenge Began

£42,963

Remaining Target

£957,037

Lets take a look at the methods used and the how much each method attributed to the total profit.

Matched Betting/Value Betting/Arbitrage

Total Profit In 2018

£12,172

This is the core part of my portfolio and has been for several years.

Matched betting and arbitrage are extremely low risk and they have allowed me to venture into putting more money into higher risk methods such as value betting.

On the months where value betting or exploiting casino offers don’t do well, these low risk methods lessen the blow. Although it should be said that you need to take a long term view with betting/trading. Having small but consistent profits does lessen the stress when you go through a losing period.

I have written about matched betting and arbitrage previously in quite a lot of detail. So I won’t go into too much detail about these methods as the majority of people reading this will already have a firm grasp on these methods.

If you want to learn about matched betting and arbitrage read this article.

From September on wards I put a much larger focus on value betting.

Now value betting basically involves backing odds that are above Betfair’s lay odds or Pinnacles odds with the margin removed. In larger more efficient markets this has been shown to be profitable.

Here is an example below of profits made using value selections from a service called Bookie Bashing.

The majority of my value bets have been on enhanced bookmaker accumulators, boosts and the each way value betting method on horse racing. In the last few months I have also been getting on value bets at William Hill and Betfred’s local shops.

This for me has been a great way to increase my turnover on bets that have a long term positive expectancy. Another positive about value betting is that it is time efficient. It often takes less then a minute to find a bet and place it.

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Betting And Trading Results - June Report

Exploiting Casino Offers

Total Profit In 2018

£7837

In 2018 I stuck to mainly low and medium risk casino offers. I do venture into the occasional high risk offers. However I know that the variance can be pretty extreme at the higher end. Having spoken to people that have had £10k-£20k draw downs. Its an area that I am still unwilling to get too involved in.

I really thought that in 2018 my profits from casino offers would exceed the rest of the methods that I use. However it has been noticeable that much like matched betting offers, the profit margins on casino offers have been getting thinner. There are still good offers but I lot of casino’s have increased wagering and put winning caps on bonuses which either eradicates the value or makes it not very worthwhile.

Not sure if this trend will continue into 2019 but I still think there will be enough decent low and medium risk offers to grind out a good profit.

There weren’t many large wins in 2018. It was more a case of grinding out smaller wins that added up over time.

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Betting And Trading Results - June Report

Sports Betting/Trading/Tipsters

Total Profit In 2018

£6184

For a long time I have had the idea to build a portfolio of profitable sports betting tipsters. Take things easy, follow their selections and make a decent yearly income. In 2018 I trialed this and followed two tipsters the Morning Value Lite Service and The Football Guru.

After following these tipsters for a few months and making a small loss. I stopped backing their selections. Which given how much I  have stated “betting is a long term game” on this blog over and over, is not really following my own advice.

My only excuse is that with a young family getting on selections at certain time frames isn’t always easy. I would become frustrated when I couldn’t get on the selections when they arrived in my email.

So basically I failed once again in my attempt to make money from betting tipsters. 

On a more positive note, my own trading and betting this year has gone really well.

Betting And Trading Results

 

The majority of my betting has been on the sport of mixed martial arts (mainly UFC) and in-play football. There were also a few of Psychoff’s in-play suggestions and I also often follow bets advised on Matchbook’s football betting podcast.

With the mixed martial arts betting I don’t use a statistical approach at all. It is a great sport to bet on in my opinion as fighters don’t fight very often and there are always overreactions to short term results.

When it comes to betting in-play on football. Again I am not using a tonne of statistics but relying on my experience from trading football for many years and watching hundreds perhaps even thousands of markets. 

My sample size of bets over one and a half years isn’t huge at 424, so I can’t get too carried away. If I can double this sample size and maintain over a 10% roi I will be pretty happy.

Although my roi isn’t statistically significant enough to say I have a definitive edge. I am confident that I do have an actual edge in the markets. Towards the end of 2018 I have increased my betting size as my confidence and bankroll increased.

In 2018 I made my biggest ever bet £2000 on Tito Ortiz to beat Chuck Liddell at 1.38. For anyone that saw that fight Tito should have probably been 1.10 or below given how Liddell looked leading up to the fight and during it.

Here are a few bets between November and December 2018

I haven’t done as much pre match trading in 2018 as I have in years past. One of the reasons is I have less time but another reason is that there used to be an exploit with a certain exchange. This opportunity doesn’t seem to be there any more. Given that this exploit has been fixed I can go into more detail about it.

A year or two ago Smarkets used to follow Betfair’s odds movements with a slight delay. In some markets the delay was big enough that you could basically very easily scalp Smarkets odds by having Betfair open and following the movement. Smarkets eventually caught on and to the best of my knowledge this is no longer possible.

However there has still been the opportunity for some pre match trading based on team news and occasionally odds that just have a far greater upside then downside.

Thoughts On 2018 And The Future

2018 was a good year for me personally. Betting and trading wise there was still a lot of opportunities to make money.

Hopefully in 2019 we see a continuation of the betting exchanges fighting for matched bettors and offering 0% commission. As this can make a huge difference to your profits over the course of a year.

Profit margins on casino offers did seem to take a pretty big dip towards the last half of the year. However there is still more then enough value on offer to continue doing them.

In 2019 my main focus will be on my betting and trading. Whilst still doing matched betting/casino offers/value betting. In-play football betting markets are highly liquid and I don’t have to rely on bookmakers, with mixed martial arts betting its a little tougher. Close to fight time Matchbook usually have good prices but getting on early is only possible with bookmakers.

So whilst both of these areas are scalable the football markets will allow much bigger stakes long term.

This blog has kind of ticked over in 2018. I haven’t done much at all with it in the last half of 2018 but it has been nice to see that the traffic hasn’t dropped off too much. I plan on being way more active in 2019 sending out my strongest pre match trades and also straight up bets that I am confident in.

How was your 2018?

Did you hit your targets for the year?

Feeling positive about 2019?

Let me know in the comments below.

Making A Million From Sports Betting And Trading – September 2018 Results

After solid results in August I was hoping I could kick on and deliver another month of decent results in September.

Were the gods of variance kind?

Has the tipster portfolio started to show some profit?

Lets take a look at September’s results.

Matched Betting – Sports Offers, Accumulators, Arbitrage, Value Betting

This month I started each way sniping or each way value betting as it is also known. I have started using smaller stakes at £2.50 each way initially. There is a lot of good information already available on this type of strategy. On the Oddsmonkey forum there is a big forum dedicated to each way value betting.

The strategy involves betting horses above odds of 5.00 that appear with a rating above 97% on the Eachway Matcher software.

You can see in the screenshot below that the horse Senior Citizen is rated at 107.91% so this qualifies as a selection.

Here is an example of the tested results for this strategy using £2 per bet.

Taken from the Oddsmonkey forum.

I did think about recording these results separately. However one of my aims for this year is to be more time efficient. So I am just recording my overall daily results from each way value betting and adding them to this section of the portfolio.

Lets take a look at results from September using matched betting, value betting and arbitrage.

It was a below average month in terms of profit for the matched betting part of the portfolio.

Adding each way value betting this month did not seem to make much impact. I am confident however that in the coming months it will make a significant increase in overall profits.

During September I took part in 246 matched betting offers/arbitrage bets/value bets.

A total profit of £721 was made.

Service Used

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Betting And Trading Results - June Report

Advantage Play – Casino Offers

Advantage play results followed a similar pattern to the matched betting results.

They weren’t spectacular but at the end of the month a pretty solid profit had been made.

In September I took part in 218 advantage play offers.

A total profit of £1239 was made.

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Betting And Trading Results - June Report

Trading Results

Again I have had a month were my sports trading has not been a priority and I have done very little.

In September I traded the William Hill flash boosts when I had the time and got on some of Psychoff’s in-play trades.

Trading has been something that I have done less and less as time goes on. Basically between other parts of the portfolio and family life this is the area of the portfolio which is having to be sacrificed.

As my children get older it is something that I will look at spending more time on.

In September I made a profit of £74 from trading.

Sports Betting Results

August capped off my best month ever for sports betting. 

Did I manage to top this in September?

No I didn’t however I did manage to pull out a decent profit at the end of the month.

A succession of In-play winning bets in football allowed a total profit of £561 to be made.

From a total of 27 bets.

The Football Guru Results

Midway through September it looked like it was going to be a pretty decent month for the Football Guru.

However 30 bets later and all of that profit had been lost.

Having played hundreds of thousands of hands of poker and been through thousands of advantage play offers I am pretty good at handling the swings of variance.

It has just become an exercise of data input for the most part.

Which is either quite depressing or somewhat of an achievement depending on how you look at things.

At the end of the month after 117 selections.

A total profit of £127 was made.

Service Used

The Football Guru (Read The Review)

Subscription Cost – £20 a month  (Annual Subscription)

Morning Value Lite Results

The Morning Value Lite service has several years of profit behind it.

Which is something I have to keep reminding myself as it has really struggled since I started following selection.

In total there were 51 selections.

A loss of £85 was made.

Service Used

Morning Value Lite

Summary 

In September I really thought a lot about life balance.

I asked myself the question if I hit my goal of a million in profits what would I change?

The answer was not much.

Spend more time with my children. Put more time into fitness and get back into mixed martial arts training. So after a bit of thinking it seemed that working so hard and spending long hours in front of the computer screen.

In order to achieve a lifestyle that I could already have right now was pretty stupid.

I am still putting a lot of time into my portfolio however I am leaving some value on the table at times to do other things. Goal setting is great but it also important to maintain a healthy balance between other important aspects of everyday life.

September was a good month.

The portfolio results were solid. Being a lot more active has given me a lot more energy overall.

I think that in terms of the overall balance in my life things feel much better.

Results

Matched Betting – Sports Offers

£721

Advantage Play – Casino Offers

£1239

Trading Results

£74

Sports Betting

£561

The Football Guru

£127

Morning Value Lite

-£85

Total Made In September

£2637

Overall Profit 

£35,616

Remaining Target

£964,384

Making A Million From Sports Betting And Trading – August 2018 Results

In the past few months, results have been pretty average.

Exploiting casino offers had not been showing much profit. Profits made from matched betting and arbitrage have been continually limiting the damage.

Well I am glad to say that this month advantage play offers paid off and a good profit was made.

Has it been worth adding two tipsters to my portfolio in an effort to bring in more profit?

Lets take a look.

Matched Betting – Sports Offers, Accumulators, Arbitrage

As usual I will start off with the safest and lowest variance part of the portfolio.

In August I plowed through a lot of the smaller bookmaker sign up offers that I have avoided previously.

It might not seem like a very effective way to spend time. Opening accounts for only a £10 or £5 bonus. However in the long term even from smaller bookmakers. There is added value to be taken from value betting or arbitrage.

In August I took part in 190 offers.

A total profit of £912 was made.

Service Used

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Betting And Trading Results - June Report

Advantage Play – Casino Offers

The last two months had shown nothing but losses from advantage play offers.

If you trust the Maths and just keep plugging away. Then the profits will start to show.

This was the case in August.

I took part in 117 advantage play offers.

A total profit of £830 was made.

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Betting And Trading Results - June Report

Trading Results

In August I really didn’t do a lot of trading. I was away on holiday with the family for two short breaks during the month.

Much like last month I caught a few Psychoff trades and traded the William Hill price boosts. However my volume was really low this month as I prioritized spending time with my children whilst they were on holiday.

In total I made 6 trades for a profit of £32

Sports Betting Results

August capped off my best month in terms of profit made for my own sports betting results.

My own betting consists of only betting on football and mixed martial arts.

In MMA my single biggest profit was £172 backing Henry Cejudo at odds of 5.3 to dethrone pound for pound king Demetrious Johnson. Whilst in football backing PSG at 2.0 when they trailing to 1-0 Guingamp produced a profit of £150.

A total profit of £1485 was made in August, from a total of 40 bets

A snapshot of a good run of bets in August

After 358 bets I am running at an roi of 12% which I know isn’t sustainable. However just like the advantage play part of my portfolio. Its important not to get too excited when your running well and not get too disheartened when you run badly.

My approach to sports betting seems to be working. A sample size of 358 bets isn’t enough to say that I have a definitive edge. However I am pretty confident in my ability to find value in these markets.

The Football Guru Results

In August I bet on 41 selections from the Football Guru.

Staking £20 per point advised.

A total of -£350 was lost.

I missed quite a few selections this month due to going away on holiday. Looking at official results it would not changed things by much.

Service Used

The Football Guru (Read The Review)

Subscription Cost – £20 a month  (Annual Subscription)

Morning Value Lite Results

The second tipster that I have added to the portfolio. Is the Morning Value Lite service which is a premium tipster from the secret betting club.

I started betting selections to £50 a point on July the 25th.

At the end of August I had bet on 60 selections.

A total loss of £407.5 was made.

Service Used

Morning Value Lite

Summary 

August was a good month. Results were solid throughout the whole portfolio with only the two tipsters showing a loss. I got to go away on holiday twice with the family but still managed to grind out a decent amount of volume.

This month I have been thinking about my long term goals. My ambition is to reach a point of financial freedom and security using this portfolio as the catalyst.

I have been looking at other passive ways to invest my profits. So far peer to peer lending looks like one of the best choices. If anyone has a lot of experience with peer to peer lending. Would be good to hear your advice in the comments section or send me an email.

Lets take a look at overall results for August.

Results

Matched Betting – Sports Offers

£912

Advantage Play – Casino Offers

£830

Trading Results

£32

Sports Betting

£1485

The Football Guru

-£350

Morning Value Lite

-£407.5

Total Made In August

£2501.5

Overall Profit 

£32,979

Remaining Target

£967,021

Making A Million From Sports Betting And Trading – July 2018 Results

After renaming my monthly betting and trading reports, it would have been nice to storm out of the gates with a large profit.

Unfortunately the gods of variance don’t really care about what you’d like to happen.

July ended up being a pretty disappointing month in terms of overall profit.

Matched Betting – Sports Offers, Accumulators, Arbitrage

Starting off with the backbone of my portfolio. The lowest risk and pretty much guaranteed method that will churn out a decent profit month after month.

On months like July when other methods produce a loss. There is always the comfort that matched betting and arbitrage will lessen the damage.

In July I took part in 192 offers.

A total profit of £893 was made.

Service Used

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Betting And Trading Results - June Report

Advantage Play – Casino Offers

In June I lost -£355 after 139 casino offers.

I was hoping that this might turn around in July and a decent profit would be made.

However that was not the case.

In July I did 137 advantage play offers.

For a total loss of -£317

It is important to note that you need to take a long term view with advantage play.

Whilst it isn’t nice putting in the hours over a two month period and seeing a loss of -£672.

My overall profits since I started casino overs exceed £20,000

Its just a case of trusting the maths and grinding through these losing periods.

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Betting And Trading Results - June Report

Trading Results

In July I started to trade the horse racing again.

No short term scalping looking more at long term positions throughout the morning.

The William Hill flash boosts at 12.00 everyday normally provide a good opportunity.

There was also the usual mix of my own pre match trades and a few I managed to catch from Psychoff.

In total I made 21 trades.

A profit of £339 was made.

Sports Betting Results

These are my own personal bets.

Bets placed with tipsters I will get into later.

In July I made a total of 17 bets.

A profit of £132 was made.

Some of the bets I made in July

The Football Guru Results

The Football Guru is a tipster that I have decided to follow after proofing selections for over a year.

Staking £20 per point advised.

I don’t bet the Football Guru’s goliath or accumulator selections. 

Although these have made some big profits going over his historical results.

I prefer to limit the variance and back the selections as singles.

If a selection is a advised as a double will I place it, mainly to vary my betting patterns with bookmakers.

In July there were 45 selections

A profit of £165 was made

Service Used

The Football Guru (Read The Review)

Subscription Cost – £20 a month  (Annual Subscription)

Morning Value Lite Results

The second tipster service that I started following towards the end of July.

Is the morning value lite service which is a premium tipster service from the Secret Betting Club.

Long term results for this service are very impressive.

I started backing selections to £50 a point on the 24th of July.

Rather then post up results for a few days I will add these to August’s results where there will be a larger quantity of bets.

Summary 

Overall July was a below average month. The addition of two tipsters along with casino offers is probably going to see more volatility from month to month.

It will be interesting to see how results look at the end of a full year compared to the low risk approach I took last year.

Results

Matched Betting – Sports Offers

£893

Advantage Play – Casino Offers

-£317

Trading Results

£339

Sports Betting

£132

The Football Guru

£165

Total Made In July

£1212

Overall Profit 

£30,478

Remaining Target

£969,522