June was a cracking month.
Great weather, Euro 2020 kicked off and in general life is good.
As always the betting and trading continues.
The total before this month was £114,755.
Let’s take a look at how things went in month 51.
Value Betting, Matched Betting And Arbitrage
A good month on the value betting front.
Did some betting shop arbitrage also this month. Not sure how long it will last as I am pretty sure no one else is betting into these markets locally but will take the opportunities when they come.
Euro 2020 has seen plenty of decent plus EV boosts. Bet365 even returned with their bet £50 pre match get £50 in-play offers which was great to see.
This should hopefully continue until the end of the tournament.
During June there were 241 bets.
A total profit of £1310 was made.
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Advantage Play – Casino Offers
Got beat up this month on casino offers.
The graph says it all really.
No big wins and lost a few of the higher risk offers which require larger amounts to be staked (£200 upwards.)
Not much to say on this, just got to keep hitting offers and the profit will come eventually.
There were 81 offers completed in June
A total loss of -£632 was made
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Sports Betting Results
It was pretty much a break even month for the MMA betting.
A total of 16 bets were made, totaling a loss of –£40.
Here are the bets below.
I did place a few in-play bets that were all done on Betfair.
However for ease I will include them in the trading results section. As I did some hedging in between rounds for a few of them.
Tipsters
Last month I separated all the tipsters I follow individually with graphs.
It took me way longer then normal to do my usual monthly round up.
This month in order to save time I will group them all together.
If you want to know more about the tipsters I suggest you read last month’s results.
Free Tipster Experiment – £50
Only one bet made here as most of the tipsters I follow bet club football and European basketball.
Neil Macdonald – £452
Solid month for Neil Macdonald’s tips, missed a few bets which luckily meant I missed a few losers. Not much to say about Neil’s service that I haven’t already. It’s a great service and historically very profitable.
Staking £200 a point for these selections.
Premier Greyhound Tipster – £115
Another tipster that is just very solid all round, has years of profit to back him up. Annoyingly there was a winner at the end of the month at odds of 5.0 that I missed.
Placed the bet on Betfair and was adamant I clicked “bet to SP” however for some reason it wasn’t placed.
Staking is £10 a point for these selections.
You Can Our Premier Greyhound Tipster Review Here
Tipster Results Overall
£517
Horse Racing Tipsters
I put together a horse racing tipster portfolio in May.
It got off to a rocky start but it found some form this month.
The three horse racing tipsters I follow are.
Quentin Franks Racing (Click Here For Our Review)
Kieran Ward Value Service (Free Smart Betting Club Tipster)
Betting Man Multiples (Free Smart Betting Club Tipster)
I bet all of their selections on the betting exchange as singles.
(After looking through historical results. For Quentin Franks selections I am only taking at selection over odds of 5.0.)
Betting man multiples is now named (Magic Multiples) and suggests placing his selection as accumulator bets.
As you can see he hit some big winners this month.
The above is unfortunately for me not my bet.
As I wrote, I bet all these selections as singles on the betting exchanges. The reasoning being that I am always able to get better then the suggested odds. Along with the fact that I want to see if I can follow horse racing tipsters profitable using only the exchanges.
Even so I was left kicking myself that I don’t also take the bets as suggested in an accumulator on my remaining soft books.
Still taking these selections as single bets still worked out very profitable along with the two other services.
In terms of taking the suggested odds I never chase odds down.
If for example Quentin Franks suggests a bet at 12.00, the lowest odds I will take are 11.00.
A profit of £455 was made.
From a total of 164 bets.
Trading
Not done a whole lot of pre match trading this month.
I am not that confident in my ability to trade the internationals that well pre match as my knowledge of each team isn’t the best.
However there have been some decent opportunities in-play.
This was probably my favourite trade of the tournament (which ended up being an outright bet)
Thought the odds on the Czech’s to qualify after Netherlands went down to 10 men was ridiculous. I did plan to trade out of this if the match went to penalties however the Czech’s wrapped it up before full time.
A total profit of £357 was made from Trading.
Results For June
Value Betting, Arbitrage, Matched Betting –
£1310
Advantage Play – Casino Offers
-£632
Trading
£357
Sports Betting
-£40
Tipsters
£517
Horse Racing Tipsters
£455
Total Made In June
£1967
Overall Profit Since The Challenge Began
£116,722
Remaining Target
£883,278
Thoughts Going Forward
June was a really enjoyable month. Took quite a lot of days offs.
Watched the majority of the football and enjoyed the warm weather.
I did write last month that I was going to look at running a betting/trading service. Focused around MMA betting and trading the best opportunities in the football markets.
Alongside all the other stuff I do Value betting/Casino offers etc.
I still intend to do that as there seems to be enough interest. Will look at getting something together before the start of the new season.
If you made it to the end of this thanks for reading and best of luck with your betting.
See you next month!
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Just some quick questions regarding using exchanges for the horse racing tipsters.
Do you have a rule for what price you submit bets at e.g. Advised 10.0 place exchange back at 5% lower.
Do you submit any straight off at BFSP or Limit price BFSP?
Do select any to take BFSP if not matched?
Do you select to take in-running if any do not get matched?
Is there a record of how taking magic multiples as singles perform? I can’t find any record or investigation of it on the SBC site.
Keep up the good work.
Hi Matthew
When putting bets on the exchanges I am keeping the odds pretty close to the suggested.
Not going past a 2% difference.
Not backing any horses at BFSP or in running.
There isn’t a record showing that it would be profitable backing Magic Multiples as singles bets. My theory was that I am consistently getting better prices then suggested using the exchange.
So I thought backing them as singles would likely be profitable long term, could very well be wrong.
Thanks for the comment
Please get the service going myself and my friend will be your first subscribers. I’ve always hoped you open a service where I can subscribe and just “copy” / learn from your experience.
How do I contact you, I can’t seem to find any means.
Please also consider using a Discord group, as the app makes everything so much easier.
Thanks for the message.
Was going to look at using telegram which is similar to Discord.
You can email me at [email protected]
Yes, telegram is similar but if everything will be in one channel, that’ll be perfect, the confusion comes in where there’s a separate channel for every different strategy.
maybe you should look into that.