Good afternoon ladies and gentle readers, I greet you this fine day with some news. I'm going on a journey and your coming with me! Partially inspired by attempts I've read over the years I've decided to set myself a betting/exchange trading challenge. With the aid of £100 in my Betfair account I'm going to see what its possible to do over one year. Mostly I'm going to be trading in sensible amounts and trying to add to my £100 bank roll by adding to it out of my daily profits. Anyway its a bit of fun and lets see what happens I might last the year but equally could crash and burn in a few days.
Day 1 26/02/14
| Tennis | Showing 1 - 4 of 4 markets |
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Set winner markets I tend to trade in lumps of £11.08, just because its a low liquidity market and for some reason I stuck to that amount when I started trading. Match market for Djokovic was a back of £14.00 @ 1.03 and lay of £28.49 @ 1.01, skinny odds and a bit of cheap profit. The Federer match was a quick back and lay of Federer for £50.00 early in the match.
| Soccer | Showing 1 - 2 of 2 markets |
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The match odds was a lazy back of £2.00 @ 1.01 as I wasn't really interested in the match market and the booking odds was a lay of 25 points and under (yellow = 10 points and red = 15 points) for £11.00 @ 5.2
| Horse Racing | Showing 1 - 1 of 1 markets |
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This was a pre race trade of backing One Lucky Lady for £14.00 @ 1.82 and lay of £14.16 @ 1.80. I haven't come up with any strategy about how to approach horse racing with a bank this size but its a work in progress.
So anyway on with the day 1 stats...
Daily Profit: £15.01 of which £5.00 added to the bank giving me a bank roll of £105.00
1.01's smashed: 0.
1.01 profit: 0.
Players sworn at: 0.
Cups of tea: 2.
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