Not entirely what I was hoping for at the start of the month but considering the very limited time I've had not a bad result.
I haven't had any time at all for US horse racing in June as my business partner is on holiday and I'm working 7 days a week and having to work to closing time in the bar every night. Seeing as I'm not in a position to let my life revolve around my sportsbetting (yet! :-)) I'll have to let my sportsbetting revolve around my life. So expect me to delve in a number of different sports coming time trying to make sure that I can make some cash whenever I'm free.
Here is june up till now:
I got a quick bet in at baseball and darts just to get a feel for it. I believe they both can be scalped. My subscription to the extra cable sportspackage is going to earn itself back easily I hope :-) A whole lot of new sports opening up to me.
The loss on horse racing is me coming home tired. Rushing to get in on the last race of the evening, not finding a situation I normally enter the market on and then force myself to "see" an opportunity elsewhere. With a $ 17,80 red as result. Serves me right. Good thing is that it made me more determined to lesson my dependency profit wise on the US horses and broaden my horizon.
My tennis strategy is really easy to learn and apply and wasn't thought up by me. This excellent beginners tactic was gallently provided to us by TradeShark on the racingtraders.com forum and seeing as I believe that credit should be given where credit is due here's the thread:
http://www.racingtraders.com/forum/showthread.php?t=2282
Excellent starting point!
I made $ 7,77 after comission on the women's final today using a $30,- stake. That's a whopping 25,9% return on stake! It's the first match I had the time to sit down, watch and bet on from beginning to end. The rest of the tennis profit from June and May has been made by quickly trying to get some bets in between running to work, walking the dog, having breakfast, etc etc etc. I'll be sure to be ready to rock during Wimbledon. If this strategy keeps as consistent as it has been up till now I'll up the stake also to the level reflecting the state of my totall bankroll.
I've noticed that a LOAD of players on the Wimbledon men's winner market are available to back at 1000 on Betfair. I wish my bankroll could sustain a little gamble backing them all as quite a few of them are bound to play each other and make it into the second round. If a couple then also play each other I'd say there's value to be found. But seeing as it's a theory and I'd have to devote nearly all my bankroll to proving it I've only backed 5 of them. Of which 2 are already shortening.
The 5 players I've backed at 1000 are:
Mikhail Youzhny (currently available to lay at 980 and back at 820)
Robert Ginepri
Jurgen Melzer
Igor Andreev (currently available to back at 800)
Rainer Schuettler
Let's see how they do. Max $25,- I can lose on this so no biggie and a nice experiment.
My exit strategy is very dependable on their 1st round opponents and the prices offered closer to the tournament.
Ideally 4 of them would play each other and the 2 of them that make 2nd round will play each other then :-) I should be able to trade out a 3d rounder nicely if he was first available at 1000. Also in the 3d round I'd hedge him over lesser remaining players giving me a higher guaranteed profit.
To give you an idea, Soderling who is in the RG men's final against Federer was available at 1000 too before Rolan Garros started! And was matched for $2200,- ! So someone will be having sweaty palms tomorrow afternoon as he'll stand to lose $2,2 million if Soderling beats Federer.
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