Making A Million From Sports Betting And Trading – January Results

2019 was a really solid year betting wise and I felt that I ran pretty well overall.

The start of 2020 however has given me a stark reminder about the realities of betting, sometimes your going to lose.

Lets take a look at the results for January!

Sports Betting and Trading Challenge

Matched Betting – Sports Offers, Arbitrage, Value Betting

It felt like January took a while to get going after Christmas and New Year.

Results were poor for matched betting and value betting. Didn’t get a sniff of a 2up and things just felt pretty flat throughout the whole month.

Despite in the last report writing that I was going to hammer some accounts with arbitrage betting I didn’t do a whole lot of sports arbitrage in Janaury.

Still did some arbitrage on restricted accounts but left money on the table by not taking advantage of newer accounts that are unused.

In January there were 381 matched betting offers and value bets.

A total loss of -£122 was made.

Services Used

Oddsmonkey (Read The Review)

Subscription Cost – £12.50 a month (Annual Subscription)

Bookie Bashing

Advantage Play – Casino Offers

On to the casino offers and despite a lot of casinos choosing to leave the UK recently there were a decent amount of offers in January.

In January I did 214 offers.

A total profit of £952 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

My own betting hasen’t been going well for a while as little progress has been made in the last 7 months.

Well January was the worst month I can remeber from a betting perspective.

Pretty much everything lost.

Felt like I had a reverse midas touch where everything just turned to s***.

Man City came back from 0-1 down to go 2-1 up at home to Palace and blew it, Inter were dominating Lecce finally found a goal but then gave one back pretty soon after.

Pretty annoying but it is what it is, you just have to shake your head and move on.

In January I made 20 bets in total.

A total loss of -£852 was made.

My long term betting results still look pretty good (This graph starts from April 2017.)

But I am not going to lie this recent run of results has got me questioning my approach to football betting.

Trade On Sports

Not a great amount of volume for the Trade On Sports selections in January with NFL winding down and football being quieter then normal.

Lets take a look at the results from the 3 systems that I follow.

Staking between £50-£100 per selection

Tennis Results – 16 selections in January, a profit of £40 was made ( I mistakenly bet selections in the majors which is no longer the criteria for tennis bets)

NFL Results – 5 selections a loss of -£192 was made.

Inplay Football Results – 13 selections a profit of  £33 was made.

Total – -£119

Service Used

FTS Racing

Next up is FTS racing whch focuses on betting in the horse racing markets.

I was away early January so I started following selections from the 3rd of January.

Here are the day to day results which also include horse racing selections from the FTS podcast.

FTS Racing Results – £11

Service Used

 

 

 

Trading

My trading this month wasn’t great. I started off by making a mistake which cost me £200 as I forgot to close a position on a horse racing selection.

The football markets seem to be a bit more volatile this season, thankfully I have other good pre match traders to talk with and they feel the same. So I know that its not just me trading poorly.

Not sure if its manipulation or a big syndicate prepared to go against the rest of the market.

However there used to be certain scenario’s in football where you could pretty guarantee where the odds were going to move.

One of those scenario’s was when a fringe player who hadn’t played for a team was in the starting line up for the first time.

When Tottenham played Liverpool there was a new name on the Tottenham teamsheet  “Tanganga.”

In previous years you could guarantee that on the back of this news Liverpool would get backed in pretty hard and it would be a pretty easy pre match trade.

This did not happen however Liverpool surprisingly drifted from 1.64 out to 1.7 and then came back in to 1.64 about 40 minutes later.

Really bizarre and there have been a few market moves this year that have left me kind of puzzled. 

At the end of  January I had made a total profit of £330 from trading.

Results

Matched Betting – Sports Offers

-£122

Advantage Play – Casino Offers

£952

Trade On Sports

-£119

FTS RACING

£11

Trading Results

£330

Sports Betting

-£852

Total Made In January

£200

Overall Profit Since The Challenge Began

£78,305

Remaining Target

£921,595

Thoughts Going Forward

There is always the urge to change things up when results are poor.

But the truth is I am doing nothing differently to the 12 very profitable months that I just had in 2019.

I have been looking at other services and tipsters but there is still a lot more I could be doing with the FTS and Trade On Sports services.

February has started well and poor results in January have given me the motivation to put in more volume this month.

How has your start to 2020 been?

Decent profits? Struggled to get going?

Let me know in the comments below

Smart Sports Trader

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

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About Smart Sports Trader 109 Articles
Ryan Bruno is a former mixed martial arts and kickboxing competitor. After finishing university he played online poker and taught English for a living in Thailand for a few years. Upon returning to England his focus has been on making a living from sports trading, betting and arbitrage. Ryan runs the sports betting and trading website www.smartsportstrader.com" 

4 Comments

  1. Done pretty well in 2020 so far had one big casino win. Enjoy your posts Ryan and can see from months like this that these are your actual results. Unlike a matched betting blog I read where they were inflating results to flog betting products and countless review sites that do the same.

    All the best Bob

  2. Bad months are part of this game and if it’s only 1 bad month in a year with other months logging £3000+ profit than I think you’re doing pretty well.

    I have a question about Rebelbetting and arbitrage vs. value betting in general. I’ve never really hammered bookie accounts with these and mainly used their sports offers by matched betting. Since matched betting offers are going down with time and I’m gubbed with most by now I’m planning to hammer the remaining accounts either with arbitrage bets or value bets.

    What I’d like to do is get as much value as possible out of all these accounts long term. I do have a betting bank for both value betting or arbing, but I’m just interested, which gives more profit long term, arbitrage or value betting? Arbitrage is risk-free if done the right way, but do bookies close/restrict accounts sooner if I hammer them with arbs rather than value bets or are these necessarily the same thing with the difference that arbs give me little guaranteed profit, but value bets give me ups and downs and similar profit long term? I’m not planning to do horse racing arbs as these can restrict accounts in just a few bets, I’m thinking more of doing bets that are 1-5% profit on Football and other sports that appear on Rebelbetting.

    Thanks and hope February returns to the likes of 2019 for you.

    Miroslav

    • Hi Miroslav

      So yeah value betting and arbitrage are very similar.
      The argument for the value betting is that you lose money by betting the sharp side and paying exchange commission or betting at a sharp book.
      However if you can get 0% which I think you can this negates it. But then the reason you can get 0% is because Smarkets and Matchbook make money by effectively trading against matched bettors/arbers.

      You will get restricted either way unless you find a way to slip under the radar.

      I like to do both but approach bookmakers differently depending on the opportunities they offer.
      Some I will hammer over a weekend doing arbitrage whilst others I prefer to use for value betting as I think long term I can get more out of them that way.

      Its really up to your preference and to test out what you can get away with. For example the Unibet group have a lot of clones so you can test out which works better for you.

      Hope that helps somewhat

      Cheers

      Ryan

      • Thank you very much Ryan for your quick reply and all the details. That’s what I thought as well that whenever I lay off my bets (either matched betting or arbing) that I loose value to the Exchange/Sharp Bookmaker, but it’s in return of smooth results rather then ups and downs. I do have 0% offers with Smarkets and Betdaq (Betdaq was supposed to finish in December, but my account still says 0% commission so I’m using it as long as I can). I’ve lost 0% at Matchbook as they emailed me that it’s intended for matched bettors and I used them for bets with a few tipsters as well as RTS Racing.

        Anyway, I’ll test it out and see what works best for me.

        Thanks again,

        Miroslav

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