Tipster Spotlight – July

At Smart Sports Trader the aim has always been to find methods/strategies/ways to make money from the sports betting and casino markets.

Covering matched betting, arbitrage betting, value betting, sports trading and exploiting casino offers

We have shown that there are various ways of taking on these markets and profiting from them.

As a new feature of the website we are going to be looking at some of the most promising betting tipsters from around the internet.

Let’s take a look at the tipsters featured in July’s tipster spotlight.

STAHObettor

Stahobettor

Stahobettor is a tipster that focuses on the Polish football markets.

Providing tips for a variety of different Polish leagues and a variety of different markets.

Currently they offer free selections through Telegram, you can find Stahobet on twitter at https://twitter.com/SObettor

Stahobettor Results

From the start of June Stahobettor has produced a small profit with a 4.2% after 52 bets.

Which doesn’t look that impressive on first glance but it is a very small sample size.

 

Stahobettor Results

Stahobettor is definitely a quality over quantity tipster.

The most impressive part of his selections are the reasoning behind the bets and his knowledge of Polish football.

Stahobettor is often able to crush the closing line by large amounts due to his knowledge and the information he receives.

Here is an example below.

This bet was tipped at 2.2 which Betvictor however I took it a little later with Asian Odds.

Podbeskie

Here is the market on Betfair shortly before the game began.

Stahobettor Betfair

This selection wasn’t a one off as Stahobettor has been consistently able to tip selections that would close at a much shorter price.

The ability to do this over and over again is a big indicator that a tipster is going to be profitable.

In my opinion Stahobettor is easily one of the best free tipsters I have come across on the internet.

Are Soft Bookmaker Accounts Needed?

For some of Stahobettor’s selctions you will need soft bookmaker accounts. 

Some selections for example were only available at Bet365, like with most tipsters having access to soft bookmakers allows you to get the best price possible.

However not all selections require soft bookmakers especially in the Polish Ekstraklasa (Top Division) where I found I could bet with Asian Odds or the exchanges.

Conclusion

Stahobettor is an excellent tipster.

If you follow his bets then it is likely your soft bookmaker accounts will be limited eventually.

However that is not a negative it is just the reality of betting with these bookmakers, if you are profitable then they don’t want you as a customer.

Also as stated above you can still follow some of his selection using the betting exchanges and Asian bookmakers.

Stahobettor gets a recommendation from me as I have little doubt that long term you will make money following his selections.

Stahobettor Twitter

The Basketball Geek

The second tipster that we looked at in June was the Basketball Geek from the Betting Gods platform.

As you expect from its name this tipster focuses specifically in the Basketball markets.

Basketball Geek Results

Since the beginning of June there have been 207 bets with a profit of £218 to £10 stakes.

Something Betting Gods have been guilty of in the past is having very wide variable staking with some of their previous tipsters. 

Which resulted in some tipsters staking 10 points on selections at odds of 9.00 then following that with a 1 point stake on a selection at odds 2.0. 

This didn’t make a lot of sense and lead to questionable long term roi figures that were heavily influenced by one or two big odds selections winning. 

So it’s nice to see a tipster with level staking.

The majority of tips are on handicap lines and the over/under market however there is occasionally a 1×2 selection at higher odds.

Are Soft Bookmaker Accounts Needed?

Much like Stahobettor these selections are not in markets with a lot of liquidity so soft bookmaker accounts are a big benefit.

Bet365 probably being one of the most important as they are generally slower to lower there odds.

If you are quick to bet selections. I have often been able to match the quoted odds using Asian bookmakers.

Having looked at Betting exchanges there is often very little money in the markets so that doesn’t look like a viable way of betting these selections.

The Basketball Geek sends out selections at 08.00 everyday with the odds available at a number of bookmakers.

Odds do tend to generally shorten throughout the day so to be able to bet them early is beneficial.

Occasionally I have also found that a better price is available with one bookmaker.

Conclusion

I have been impressed so far with the Basketball Geek.

He seems to have a clear edge betting in the basketball markets.

Again as mentioned previously with Stahobettor’s selections. Long term betting these selections with soft bookmakers is going to see your account limited eventually.

But that shouldn’t put you off, as its an inevitability that if your a profitable sports bettor this is going to happen.

The Basketball Geek looks to a be a very promising tipster and is one that we going to continue to monitor.

Click Here If You Want To Trial The Basketball Geek For 15 Days

 

(If you are running a profitable tipster service and would like to be featured in the tipster spotlight. Send an email to [email protected]

(This article features affiliate links. This means that if you choose to make a purchase, I will earn a commission. This commission comes at no additional cost to you. I use or have used any product I review. If I recommend them it is because I believe they are helpful, useful and offer value to their customers. Please do not spend any money on these products unless you feel they will give you value or that they will help you achieve your goals.)

Making A Million From Sports Betting And Trading – May Results

Sports are gradually returning and things are looking up from a sports betting/trading perspective.

Again my main focus this month was on casino offers but the return of German football has been a welcome one!

Sports Betting and Trading Challenge

Looking ahead June promises the return of the Premier League along with other football. 

This brings more value betting opportunities and also matched betting opportunities which in turn should mean there is more profit to be made.

But for now let’s take a look at results from May in the ongoing making a million from the sports betting markets challenge.

Advantage Play – Casino Offers

Let’s start with where most of the profit came from in May.

In May I did 235 offers.

A total profit £1372 was made. 

Another solid month of profit from casino offers and I got the chance to check out a new service Bonus Accumulator, which I was impressed with. They highlighted pretty much all the offers that I been previously manually working out and seem on top of finding as much value as possible from casino offers.

So going forward that will be the service that I use to exploit casino offers.

Casino Offers May

If you are still not taking advantage of casino offers and interested in leaning more.

I have linked a video and article below which should be helpful.

Article – Make Money From Casino Bonuses

Video – How I Profit From Casino Offers

Service Used

Bonus Accumulator (Click Here For The Review)

Subscription Cost – £12.50 a month  (Annual Subscription)

Matched Betting – Sports Offers, Arbitrage, Value Betting

There were a few matched betting offers around and I managed to pick up some value bets.

Although it didn’t seem like the market was able to adjust to there being no crowd. So relying on the market price to indicate value might not have been the best idea.

You could see this as starting prices in football didn’t seem to mean much and there were massive adjustments made in-play after 10 mins in the match odds market.

During May I made 59 bets.

A loss of -£127 was made.

Services Used

Oddsmonkey (Click Here For The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Bookie Bashing

Sports Betting Results

In May I made a total of 24 bets.

A loss of £45 was made.

During May I had a look through my long term betting results as for the last year I have been a losing sports bettor.

I also delved deeper into my long term stats dating back to 2017.

Betting Results

From the graph I can see that I am performing well betting MMA and also in-play MMA/Football over the long term (This is shown as No Sport on Bettin.gs.)

Although the sample of bets isn’t huge it looks like my pre match football bets (red line on the graph) are not really making any money. 

It makes sense going forward to increase my bet size on Mixed Martial Arts and leave betting pre-match on football alone. I am very confident in my edge betting MMA markets but obviously football markets are a lot sharper.

Hopefully this change should see a decent profit made over the coming year.

Services

Previously I had been using Trade On Sport and FTS Racing. I won’t be using these services until sport resumes in normal form. Both are good services and I am confident long term they will be profitable but during this period I want to be cautious. 

My main focus is going to be on area’s that I am confident I have a large edge in ( Casino offers, mma betting, pre-match trading.)

Results

Matched Betting – Sports Offers

£-127

Advantage Play – Casino Offers

£1372

Trading Results

-£46

Sports Betting

-£45

Total Made In May

£1156

Overall Profit Since The Challenge Began

£83,537

Remaining Target

£916,463

Thoughts Going Forward

Got to admit I have been pretty disappointed with results this year after doing really well last year, I hoped that momentum would continue.

However at the end of the day it is only betting and with everything that’s happened I should really be grateful for everything that I have already. For a lot of people that live on this world there is no opportunity to make money from the sports betting world. 

In fact there is very little opportunity for them at all.

Puts things into perspective, anyway moving on to June.

The return of the Premier League is sure to bring more matched betting offers to the table and should be some good pre-match trading opportunities.

Thanks for reading, hope you have a profitable June.

 

Betting And Trading Report – May Results

The £50k betting and trading challenge is now over. However given that these posts proved to be quite popular and I got good feeback. I am going to continue them in the form of a monthly profit report.

Giving an update every month on how the profit and loss of each of the methods and services that I use.

Matched Betting – Sports Offers, Accumulators, Arbitrage

 

Betting And Trading Report - May Results

In May I took part in a total of 252 matched betting offers and arbitrage bets.

Profit and volume was down this month compared to April.

During May I did take a few more days off then usual given that the season was winding down. With the World Cup in June I expect much more volume and hopefully a bigger profit.

Been a lot more active with shop offers so far this month. Which should also see an increase in profit.

A total profit of £687 was made.

Service Used

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Advantage Play – Casino Offers

Betting And Trading Report - May Results

After a month of losses for casino offers in April, things didn’t start off much better in May.

However this didn’t last too long as it seemed like I was profiting from every offer. A £10 refund from BGO £105 profit, £5 bonus from Paddypower £153 profit. The Bet365 blackjack offer that had been rinsing me for weeks finally turned around.

May turned into a really good month for casino offers. With a much smoother ride as variance went my way and profits grew as the month went on.

In May a profit of £1305 was made from 153 offers.

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Trading Results

Betting And Trading Report - May Results

In May I made 11 trades and a profit of £277.

One of my main trades was in-play when Salah got injured in the Champions League Final. This caused Liverpool to drift very rapidly and was a nice easy trade.

The other trades were all pre match before the game started. Also managed a decent profit on the Darren Till vs Stephen Thompson UFC bout. For the second fight running big money came in for Darren Till.

 

Sports Betting Results

Betting And Trading Report - May Results

Here is snapshot of some bets from the end of May.

In May I made 27 bets.

A total profit of £531 was made.

These were a mixture of my own bets. Tennis bets provided by Dan Weston in his columns for Betfair.

Along with Psychoff’s goal alerts that I managed to get on.

In June I have increased stakes for sports betting. This hasn’t gone well so far. However I have been overly cautious with my staking in the past. In an effort to increase profit and turnover sports betting is an area where I think I can push myself more.

The Sports Betting Tipster Experiment

Last month I wrote about my plan of putting together a portfolio of betting tipsters. Titled the sports betting tipster experiment.

However after starting this. I quickly found that I was spending way too much time in front of the computer. Alongside the matched betting, casino offers, value betting and arbitrage. It was too much.

My work, family life balance just wasn’t right.

So I have put that idea on the back burner for now but I will be adding tipsters to my overall portfolio.

From June I will be following two horse racing tipsters. 

The Morning Value Service Lite which is a premium tipster from the Secret Betting Club being the first.

Along with Max Racing Partnership which was another service recommended to me by the Secret Betting Club.

These services send selections out early in the morning and they fit in nicely with my daily routine.

Summary 

Results

Matched Betting – Sports Offers

£687

Advantage Play – Casino Offers

£1305

Trading Results

£277

Sports Betting

£531

Total Made 

£2800

50K Betting And Trading Challenge – Results After One Year

April was the last month in the 50k betting and trading challenge.

With a total of £26,630 still remaining.

Did April go out with a bang and was at least half of the £50k target made?

In general April was a good month for matched betting with the Aintree festival providing lots of offers. Even betting exchanges such as Smarkets, Matchbook and BETDAQ where getting in on the offers.

 

Matched Betting – Sports Offers, Accumulators, Arbitrage

I hit a lot of matched betting offers and arbitrage bets in April.

Jumped on the odd plus ev accumulator and was really active throughout the whole month.

Profit dipped slightly from last month. Given that I always arb leaving the profit on the soft bookmaker (value arbing.)

I had a lot of arbitrage bets which didn’t make a profit but were break even.

In the total I took part in 334 matched betting offers and arbitrage bets.

The total profit was £978

On a side note Matchbook have extended the 0% commission offer till the end of the year.

This is awesome if your are matched betting or arbitrage betting (or both.)

The offer is for Oddsmonkey premium members and new customers.

Which is going to add a few extra thousand pounds profit over the course of this year for me personally.

If you are able to get either of these offers then you should really jump on it.

Advantage Play – Casino Offers


Casino offers sucked donkey balls in April.

Just never really got going, the odd decent win was wiped out by a string of losses.

This trend just continued throughout the month.

Blackjack offers in particular seemed to be harsh as live dealers seemed to magic 21’s again and again.

I don’t usually get frustrated with losses in trading, betting or advantage play. But I have to admit this streak of losses has irked me to say the least.

Just seemed ridiculous how many times these live dealers were hitting 21 when I was on 20. Suppose that is just variance and something we all have to deal with.

Speaking to someone that tackles high risk casino offers day after day. They told me how they had gone through a six month £20k downswing late last year. Which puts things into perspective for me.

There were 128 offers that I took part in April.

The total loss was -£57

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Trading Results

Trading results were pretty solid this month.

The easiest trade of the month was when someone or something (bot?)

Decided to push the First Goalscorer price on Harry Kane out to 3.5 on Smarkets when he was trading at 3.3 on Betfair. I took as much of this as possible before the price returned to 3.3 again on Smarkets.

In total I made 11 trades in April

A total profit of £149 was made.

Sports Betting Results

In April I made a bigger effort to increase my turnover in sports betting with my own selections.

This is an area where I would like invest more money into going forward and scale it up.

Alongside betting with a few proven profitable tipsters.

Going forward I think this will add a decent amount extra profit over the course of the next year.

There were a total of 41 bets made in April

A total profit of £389 was made

50k Challenge Year Summary 

Here is a break down of profit and loss for the whole challenge.

 

Matched Betting And Arbitrage – £10,707

Advantage Play – £10,266

Quentin Franks Tipster Service – -£165

Sports Trading – £2677

Sports Betting – £1715

 

Total Made

£25,236

Thoughts On The Future

So I managed to make just a tad over 50% of the £50,000 target for the year. I’ll be honest it has been quite a grind at times this year hammering out as much profit as possible. The profit margins on matched betting and casino offers do seem to be getting smaller and smaller as time goes on.

Going forward my focus is going to be much more on trading and sports betting.

Increasing my turnover is key if I want to achieve my long term goal.

The sports betting tipster experiment is something that I am hoping could help me achieve this. As I aim to find a solid profitable portfolio of tipsters to follow.

In terms of trading I will be following Psychoff’s goal alerts on twitter and will try to uncover some new edges myself.

The long term goal for me now  is to try and achieve early retirement and financial independence through the sports betting markets.

Giving myself a 10 year target to make £1,000,000 in total profit.

A pipe dream?

Most probably, 

but hey fuck it, what is the point it setting easy targets.

As far as this blog goes I’ll keep doing monthly updates on how things are going. Keep searching for methods to take money out of the sports betting markers. Also thinking about setting up a group for people that have similar targets to mine.

Thanks for reading,

The 50k betting and trading challenge

50K Betting And Trading Challenge – March Results

So its getting close to a full year now for the £50k betting and trading challenge.

March was a month that brought the Cheltenham festival and a heavyweight boxing clash between Anthony Joshua and Joseph Parker.

Personally March was a month that I really enjoyed. With a great number of high quality sporting events. However I suppose the most important question is how did did the betting and trading go?

Matched Betting – Sports Offers, Accumulators, Arbitrage

I got through a really decent amount of arbitrage and matched betting offers this month.

With the total coming to 293 bets in March.

Compared to February that is in increase of 92 arbs and matched betting offers.

The total profit was £1295, an increase of £339 from February’s results.

Currently living the 0% commission life with both Smarkets and Matchbook at the moment. Due to an offer on with Oddsmonkey and it does making arbing so easy.

My intention is to make as much use of this 0% commission period as possible. I’d advise that if you have this offer yourself then you do the same. Hammer those bookmakers that you don’t much use of and even consider shop arbing if possible. As you can really boost your profits when your not paying any commission.

Service Used

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

 

Advantage Play – Casino Offers

There have been a few times where I have whined about casino offers in my write ups. Noting that I felt like I was running below expectation.

Well that’s not something I can do this month.

Everything went really well. 

Those crappy 10 free spins a day offers that seem like there not worth bothering with, Added an an extra £256 this month. The Epic Ape bet £5 get 10 free spins promo with William Hill was another promo that paid out big this month.

I did feel like I was due a good month with the casino offers and March duly delivered one.

It really paid off this month taking action and hitting every offer possible.

There were 136 offers that I took part in this March.

The total profit was £1785

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Trading Results

 

I won’t put in a graph for trading this month as I did very little.

In total I made 3 trades this month.

A total profit of £52 was made.

My focus on arbitrage betting has taken time away from trading .

Changes to my work circumstances however should mean that my trading volume will increase for April and the rest of the year.

Sports Betting Results

In March I made 14 bets.

A total profit of £283 was made

Again my betting continues to be pretty sporadic.

However I am planning to put together a much more organized portfolio together for sports betting.

In order to increase my overall volume of sports bets.

This is something that I plan to write about in detail during April

Summary 

Results

Matched Betting – Sports Offers

£1295

Advantage Play – Casino Offers

£1785

Trading Results

£52

Sports Betting

£283

Total Made 

£3415

50k Challenge Remaining Target

£26,630

 

So there is one month left in the £50k betting and trading challenge.

With a total of £26,630 to get in the last month. It’s fair to say that it looks unlikely that I am going to succeed.

However I am pretty happy that I have stuck to documenting the whole thing and I know a few people have replicated what I am doing. With one individual in particular emailing me that he is posting bigger results then mine on a monthly basis.

Which is cool, as the one of the main points of this challenge was to show people that these results can be replicated relatively easily.

April will see me returning to betting, trading, matched betting, arbing full time once again. Which should also see an increase in posting up content for this site. Alongside a larger focus on sports betting and sports trading once again.

Cheers for reading and hopefully we all have a profitable April.

50K Betting And Trading Challenge – February Results

I did it I smashed my 50k in a year target!!!

Is what I would be saying if I had won £205k on a casino offer this month.

But yeah that didn’t happen to me.

I noticed the beginning paragraphs of these updates are becoming pretty similar each month and thought this would at least freshen it up a little.

This is actually a win from a member of the Profit Maximiser group.

So what were my actual results?

Matched Betting – Sports Offers, Accumulators, Arbitrage

Getting 0% commission with Matchbook has been great. It means I can fire off as many arbitrage bets as possible.

I’ll take small 1%-2% arbs all day as it only takes minutes and that money isn’t growing if its sitting in my bank.

Oddsmonkey also announced in March that premium members get 0% now with Smarkets for the next few months.

This means that these small savings are really starting to add up. Arbitrage has become a much bigger focus for me this month and will be going forward.

A total of 201 matched betting offers and arbitrage bets were made in February.

The total profit was £956

Service Used

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Advantage Play – Casino Offers

The casino gods looked after me a bit better this month.

There was no one huge win but plenty of decent blackjack offers this month gave good profit.

I get more questions about casino offers then anything else.

Casino offers are really simple as unlike sports betting you know exactly what your edge is as your playing solved games.

You just have to keep grinding through the offers and make sure your bankroll can sustain the losing runs that will come.

The best advice I can give is to use matched betting and arbitrage profits to fund the casino offers. That way you psychologically feel like your only losing money won from bookies.

This month I took part in 104 offers.

The total profit made was £995

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Trading Results

Trading volume dropped in February compared to January.

In January I made 24 trades and in February I made a total of 10.

Been a busy month and didn’t find myself looking ahead for pre match trades much this month.

Which explains the drop in volume. This was something I wasn’t really aware of till I wrote up this blog post.

There were no huge trades, I used a few tried and tested strategies that continue to work.

A profit of £160 was made from trading.

Sports Betting Results

My sports betting continues to be pretty unorganized and sporadic now that I don’t follow any tipsters.

Mixed martial arts and in-play football betting are areas where I think I can continue to spot value.

Overall my sports betting is looking pretty solid with a 9.41% roi from nearly 200 bets.

I’ll be pretty happy if I can maintain that over a bigger sample of bets.

There were only 9 bets in February.

A total profit of £143 was made

Summary 

Results

Matched Betting – Sports Offers

£956

Advantage Play – Casino Offers

£995

Trading Results

£160

Sports Betting

£143

Total Made 

£2254

50k Challenge Remaining Target

£30,045

 

Two months are left in the £50k betting and trading challenge.

It looks very unlikely that I will hit my target. Being £30k short with only two months left.

However with it being Cheltenham festival this month (March) £25k profit inside a year looks pretty realistic.

In a way I am quite glad that I have come short of my target. As this is the reality of betting and trading. It isn’t always a smooth ride. 

Often with social media you only see people smashing big profits everyday but obviously this isn’t the reality.

February was a really good month with every part of the portfolio making a profit.

Writing this 10 days into March and it looks likely that I will follow it up with another profitable month.

One thing I will say is make sure you make the most of all of those Cheltenham festival offers.

This is always a great time of the year for making profits.

 

50K Betting And Trading Challenge – January Results

The first month of 2018 has flown by, was it a profitable one?

Matched Betting – Sports Offers, Accumulators, Arbitrage

I will start off with the lowest variance part of the portfolio first. In terms of offers and arbitrage bets this month the turnover was really good.

A total of 267 matched betting offers and arbitrage bets were made.

With a total profit of £1113 being made.

I really hammered every arb possible with accounts where I am promo banned. I still find even with accounts where I am limited to £50 stakes that you can squeeze a decent amount of value out of them.

Service Used

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Advantage Play – Casino Offers

The casino gods were not very kind this month. It seemed like a month were I would just wake up every day and lose money on the slots. Even though I know that I am doing everything right. I do feel like a bit of a degenerate gambler when these losing streaks happen.

Thankfully I can just look at my long term graph and see that the mathematics behind these offers work long term and its just a case of grinding past these break even/ losing periods.

This month I took part in 127 offers

I total profit of £60 was made.

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Trading Results

One of my aims for 2018 was to spend more time trading. I did that this month.

A heavy focus of pre match trading and also trading the match odds markets at half time paid of over the course of the month.

When I first started pre match trading I used to try and trade every league possible. Without that much success. But I have found success just sticking to the Premier League and European competitions featuring English teams. Over time you find similar patterns emerging again and again.

Then it just becomes a matter of waiting.

In January there were a total of 24 trades made.

A profit of £479 was made.

Sports Betting Results

Sports betting didn’t go well in January. A big loss betting on Quentin Jackson to beat Chael Sonnen did the most damage. Generally this month my mixed martial arts betting did poorly and the random football bets on in-play markets didn’t do much better.

There were 13 bets in January

A loss of -£315 was made.

Summary 

Been a fairly mediocre first month of profit in 2018.

That target of £50k profit within a year is looking far off with 3 months left. I would need three £10k plus months of profit to achieve it.

Before I started this challenge I had two record months with casino offers bringing in over £3000 alone. I am still waiting for that really good month where casino offers go right and big profits are made. There is a small chance I could hit a big win and get close to £50k, in the meantime I’ll just keep grinding and see where were at in April.

I am happy with my trading results this month. FA cup games always tend to be an area where I do well as the market always has a question mark over what players will be fielded. February will be a month where I look to maintain a similar trading volume.

Outside of my betting and trading portfolio. One of my goals was to increase traffic to this site through other mediums. In January I got round to creating a video How I Make Money From Sports Betting

It has around 100 views at the moment. But its trickling through extra traffic to the site and gives me an avenue of potential traffic to build on. I don’t find speaking on video particularly enjoyable however it is nice to something else to focus on and create content for.

All in all January has felt like a pretty average month and it’s flown by. Hopefully February will be a month where the casino offers start to bring in bigger profits.

Results

Matched Betting – Sports Offers

£1113

Advantage Play – Casino Offers

£60

Trading Results

£479

Sports Betting

-£315

Total Made 

£1337

50k Challenge Remaining Target

£32,299

How To Retire At Forty

I turned 30 last December and it really got me thinking about my plans for the next ten years.

“A job isn’t something that you enjoy. its something that you turn up to in order to pay the bills.”

This is something that my dad said to me growing up. At the time when my dad said this to me it didn’t make much sense.

Now that I myself am a father and husband it makes even less.

I remember my dad wasn’t the happiest person growing up. Spending 40 hours a week doing something that you really dislike probably does that to a person.

Since September of 2017 I returned to full time work.

Anyone that does matched betting and arbitrage will know that you make about 70-80% of your profits on the weekend. Whilst casino offers can be done pretty much anytime.

So I made the decision to go back to work four days a week.

Financially it made a lot of sense.

Now I don’t hate my work. It has some positives but probably like most people I don’t really enjoy being there.

Do I want to be there for the next 10 years of my life?

Hell no!

I would love to be able to work part time doing something I enjoy and have other investments subsidize the loss of a full time wage.

How To Retire At Forty

My plan is to become financially self sufficient by the time I am forty.

By reinvesting the money I make from trading, betting and arbitrage. Alongside creating other more passive incomes much like this blog.

To maintain my current lifestyle that would mean I would need to make around £30,000 a year. However that is a low estimate and obviously a lot could change in the next ten years.

Most people would agree that your output is dependent on the things that you consistenly read,hear and talk about.

The majority of what I read online comes into these categories.

Entrepreneurship

Passive Income

Early Retirement

Frugality 

So that should put me in pretty good stead but I don’t really put enough of what I read into practice.

For example if I look at entrepreneurship. I like most people have had hundreds of ideas over the years for a potential business or passive income.

Not saying they were all great.

But how many have I actually acted on?

Two………………..

This blog being one of those.

Even then it took me about two years between actually thinking about writing a blog around making money from sports betting. To actually buying a domain and writing content.

The second was ramping up my matched betting/arbitrage operation. Which in hindsight has probably cost me a lot of money as the value of offers has decreased over time.

This is something that I am going to tackle this year. Be way more active in attempting to produce further incomes.

Outside of the sports betting markets.

Embracing Frugality

There are various early retirement calculators out there.

For example this one from networthify.

But the premise is pretty simple. Have more money coming in then is going out. Invest your savings and allow compound interest to keep adding up. Eventually it will get to the point where the interest from your savings will cover your expenses.

Now of course that are a lot more variables to look at. Everybody has different lifestyles, assets and expenses. 

However it seems like the most accessible way for most people to get to early retirement (myself included) is by saving money.

I have always been a pretty frugal individual. Even before I started playing poker and betting/trading I had a pretty good idea of value.

You can ask my wife what a cheap skate I am.

“£10,000 on a wedding? Seems kind of stupid for something that lasts one day.”

“Probably better saving that for a deposit on a house”

“£500 for a watch. My phone can tell the fucking time.”

So yeah frugality or being a cheap son of a b**** as others may call it comes pretty naturally to me.

What doesn’t come naturally to me is the boring aspect of saving. Switching insurance, gas, electric, internet providers. I know that potentially this will save me hundreds over a year. So that is something that I should really make an effort with.

Increasing My Areas Of Income

I currently have three incomes.

My betting and trading portfolio

You can read more in depth about this here.

My job

There is room for progression but it would have a negative effect on both my betting and trading portfolio. Alongside this blog and any further projects I would like to work on.

I have always viewed my work as something that pays the bills. While I try to scale up my ability to make an full time income online. Whether this has/or will pay dividends in the long run I am not too sure.

This blog

Smartsportstrader.com is probably the area of income that I could scale up the most. I currently make a small revenue from this site.

Mostly by being an affiliate for both Oddsmonkey and Profit Maximiser. Two services which provide the tools for making good money from the sports betting markets.

The beauty of the internet though is that there is always a broader audience to reach out. Whilst I am quite happy with the regular stream of traffic I get to this blog. I have become a little lazy with it. When there was only 10 or 20 people a day reading it. I was much more consistent in putting out content. Now there are a few hundred visitors a day I generally put up something once or twice a month.

Sam Priestley wrote a great blog post called Ethical online business – make money whilst sticking to your morals.

This really sums up how I feel about affiliation in the sports betting world. The people that make the most money are the ones that exploit problem gamblers.

Be this tipsters promoting bookmakers on a revenue share or review sites highlighting tipsters that have had one great month but are overall going to lose money.

You can make way more money exploiting the undisciplined punter or problem gambler.

Rather then showing that in order to really make money from the sports betting markets. Discipline and a long term view are key.

The truth is there are only a few good services that really offer value. So my options for increasing revenue to this site ethically is really to reach a broader audience and keep plugging matched betting, arbitrage and trading.

Retiring Early

Are you aiming to retire early?

Maybe you have accomplished your goal of early retirement?

If you have any good resources or advice share them in the comments.

Here a few resources that I found helpful 

The shockingly simple math behind early retirement

Early retirement made easy

Small business resources

Create multiple passive income streams

 

 

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

 

 

50K Betting And Trading Challenge – November Results

As we creep closer to the end of 2017 are profits starting to scale up?

Is £50,000 within a 12 month period looking at all possible?

Matched Betting – Sports Offers, Accumulators, Arbitrage

50K Betting And Trading Challenge - November Results

November wasn’t the greatest month in terms of profit for Matched Betting and Arbitrage. In total there were 213 offers and arbitrage bets.

Around an average of £3 per offer/arb was made.

A total profit of £643 was made.

Nothing really new to report here. I did a few plus ev accumulators and took advantage of some decent odds boosts. Whilst getting involved in as many matched betting offers as possible.

Also used accounts that are promotion banned for arbitrage bets. Alongside a few other bookmakers that don’t offer any or few promotions. 

Service Used

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Advantage Play – Casino Offers

50K Betting And Trading Challenge - November Results

This November I really tried hit every low – medium risk offer possible. Then reuse those profits to attack some of the higher risk offers. Unfortunately I just can’t seem to hit a decent sized win with these higher risk offers the last few months.

It’s been the same story. Grind out the profits on the smaller offers. Then give it back on the higher risk, higher stake offers.

Obviously if I increased my volume of high risk offers then the variance should smooth out. However any big downswings would then reduce my bankroll for arbing and matched betting. Which would lower the zero risk profits from that side of my portfolio.

So my low risk pussy approach to casino offers will continue for the near future.

50K Betting And Trading Challenge - November Results

I took part in 139 offers in November.

A total profit of £616 was made.

Service Used

Profit Maximiser (Read The Review)

Subscription Cost – £9.60 a month  (Annual Subscription)

Trading Results

I barely traded at all in November. Just been really struggling to find the time to trade. 

Been actively trying to spend more time with my wife and kids. As it does seem like I spent the majority of the time sitting in front of the computer with a cup of tea. As such trading is an area where I just haven’t done much at all in November.

In total I made 3 trades and a loss of –£18 was made.

Quentin Franks Racing – Tipster Service

Anyone that has been reading this challenge will know that Quentin Franks has really struggled this year. There have been a few comments suggesting that I drop this service as it seems to have lost its edge.

In November I decided to stop following Quentin Franks.

It is a service that I have made money from overall. However given how tough it is to follow the advised bets and it does speed up bookmaker limitations I won’t be following it any more.

For example selections are usually sent around 09.00.

For me this meant rushing home after dropping the kids of at school. Or often taking my laptop in the car with me and frantically placing bets when the email arrived.

When Quentin Franks Racing was crushing it month after month. This didn’t seem like a huge amount of effort. This year though it has been something of a drag.

Quentin Franks did have a profitable month in November according to official results. It is a service that I will continue to keep an eye on. But I am pretty happy with my decision to let it go (cue the frozen music) for now.

Sports Betting Results

In November I made 14 bets.

A total profit of £323 was made.

My overall betting stats for this year are looking pretty solid. 

164 bets

9.1% return on investment

£1113 Profit

50K Betting And Trading Challenge - November Results

It should be noted that the Juventus game should have IP (In-play) next to it. As they were backed when surprisingly 0-1 down at home to Benevento.

Pretty happy with my sports betting.

I know I have an decent edge in mixed martial arts betting. But I can’t really increase the volume of bets in these markets. As my approach to this market isn’t heavily based on statistics but based on my own knowledge of the sport. So personally I only take spots that I see obvious value in.

Summary

I turned 30 this month and have had a big think about life going forward. There is still great opportunity with matched betting and advantage play. It is relatively easy money to make and can be scaled up.

Sure it is not as profitable as it was 5 years ago.

However the same can be said about Betfair trading, arbitrage betting, poker, selling on Amazon.

And that is often enough to put people off even trying to start to make money from any of these things.

But when these opportunities do exist its important to make the most of them and grab them by the balls. I don’t want to be looking back in 5 years and saying “fuck why didn’t I make the most of that.”

My plan going forward is really to hammer every bit of profit I can out of advantage play, arbitrage and matched betting. Then reinvest those profits and compound my bankroll.

Sports betting and trading are still area’s that I want to more time and money into. However I have been looking at more passive investments recently.

Cryptocurrencies are gaining a lot of traction at the moment which is something I studying. It is something that I will certainly be investing in the near future. ( If anyone can recommend some good reading material or videos, please drop me a comment below.)

The Football Index also looks like interesting platform that could be a really good investment. I have dipped my toes into it this month.

November felt like a month where although I put in a decent amount of work. The profits just didn’t really seem to hitting the levels I am expecting. Which has been a recurring theme the last few months.

50K Betting And Trading Challenge - November Results

Results

This pretty much sums up this 50k betting and trading challenge. I need to make some significant changes in order to hit bigger monthly profits. And perhaps make a good push towards £50,000 profit before April 2018 comes around.

One positive thing that I will note is that December has started off really profitable.

Felt like a bit of a ramble in this write up but here are the overall results for the month of November.

Matched Betting – Sports Offers

£643

Advantage Play – Casino Offers

£616

Trading Results

£-18

Sports Betting

£323

Total Made 

£1564

50k Challenge Remaining Target

£35,534