£100 to £14k Challenge Round 2!

That’s right guys, I’m back with my second attempt at my challenge. I know I fucked up the first one, but this time around I won’t be making the same mistakes again, hopefully.

Slight change of plan from last time; I’m mainly backing now not laying,  this reduces my exposure in the market and helps my frame of mind during the trade.

So far it’s working quite well, I’ve been mainly backing over 2.5, 3.5 and both teams to score. I’m basing my decisions from data I’ve collated on my website thegoalgenerator.com.

Another technique I’ve been using this time around compared to last is; removing liability. So when I’ve backed over 2.5, the moment the first goal comes, I remove my liability leaving a free bet on overs. If I think game is dead I may hedge and take profit, otherwise I let it run depends on how I’m feeling or how much I’ve had to drink, ha!

I was up about £30-40 at one point, but I lost around £14 on one play. I was happy with my decisions and sometimes picks just didn’t work out unfortunately.

So good news; I’m back and I’m on target. Let’s roll onto next week and make some fucking money!

I ended up +£16.74, after first week of challenge, my target was £10.

Bank – £116.74  – P/L – £16.74

Cheers Jamie

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Blown the Bank!

Blown the Bank!!

Well, sorry it’s been a while since the last update, I’ve only just come off suicide watch.

Last time I wrote a blog post I was a stupid cunt and it didn’t change. I managed to blow my whole bankroll on a silly silly bet (pissed at the time).

I tried a 0-0 scalp on the Boro game, backed it for £150, planned to lay out at a tick less for£75 and then hedge. I needed no goal within the first 3-4 minutes and I’d be home safe… FUCK!!! 2 minutes in and Boro scored!

WOW! I did it again, such an easy way to blow your bank. I know, it’s my fault, I shouldn’t have risked my whole bank, no excuses. That’s why I’ve been hiding in the Tora Bora caves with Bin Laden, I needed a break. I’ve come back with another plan of attack.

I’ll be restarting the challenge next week. My new plan is in order and here’s what I’m going to do different:

– Set a limit within Betfair for maximum loss
– Back more than lay (only lay under 3.00)
– Back when there’s value (setting my own true odds based on probability)
– Plan trades the night before to reduce risk of jumping into trades

Well that’s the plan for the challenge lets hope all this fucking about has helped me and I don’t go spunking all the bank up the wall again!

Cheers Jamie

I’m a stupid cunt!

I’m a stupid cunt!

Well, even that’s a stretch because; cunts are useful.

Week 3

Week 3 was going fantastic up until Saturday. My bank was roughly £265 and my most recent play on Chelsea netted me £11. I was above my weekly target and loving life.

I started looking through some of the later fixtures and HSV vs Frankfurt really caught my eye. I ran my numbers and the game met my criteria. Stupidly though, I over staked and layed the draw for £50 ending up with a liability of £135, half my bankroll. Although this is a huge trading no, no, there was some method to my madness. The idea was to trade straight out after an expected early goal and end up with around £20 profit. It sounded fool proof in theory.

WRONG! The game ends up 0-0, how the fuck it ended 0-0, I’ll never know! There was a bunch of near things; hit the bar, keepers saving everything, etc. In the end 0-0 and my arse was sore.

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There is lessons to be learned to be learnt from it all. Firstly, I should never have layed 50% of my bank, big lesson (I know this shit,totally my fault should never have happened). Secondly, stick to the plan Jamie you spaka!

I worked so hard last week, built really good profit, only to loose the majority of it in one play. That has really annoyed me.

However, the silver lining is, I’m in week 3 of the challenge and only 30p off the profit I needed to be on target for my end goal.

Hope you enjoyed reading and laughing at me crying into my beers on Saturday night, haha. ON TARGET! LETS DO THIS SHIT

P/L : -£105.11 Bank : £132.80

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£100 to £14K Challenge

No, I’m not completely mad! I’m embarking on a bankroll challenge! My names Jamie, the newest (and best) blogger on this site 🙂

I’m aiming to grow my bank by 10% each week. I’ll be using 2-5% stakes while my bank is so small, once I’m over £500 il be using 1% stakes.

I started this two weeks ago, I must say it’s going according to plan sort of, ha. The first week I did I was trading the 4 legged fuckers, the horses (word of warning; if you don’t like swearing, this ain’t the blog for you).

Week One

I made my intial £11 in a week, but fuck me was it hard work. I was using a well known strategy; Back To Lay. It was working most of time but, then the gods started taking the piss!

Horses were falling out the stalls and fucking my plans up. Ideally in this game you want a front runner with a good chance of winning and If they fall out the stalls, well, you’re pretty much fucked!

Front runners weren’t, because they had bags of shite riding them. The pricks were as much use as a chocolate fireguard. But, that’s racing and why I’ve stopped.

I had made more, but I blew some on sports book, that won’t happen again. I’m keeping my trading bank separate to any punting.

Summary P/L :£11 Bank : £110

profit week 1

Week Two

I went back to basics; trading sport Football. I smashed football trading last week and there is little doubt I understand the game much better than I do the ponies. Right now, it’s Sunday morning and I’m up £52 this week with a couple of trades planned today. Happy days!

I’ve been using a few methods im comfortable with; laying the draw, correct score & over/under goals.

Got very lucky on Saturday, I ‘LTD’ (lay the draw) on Man City game and they scored in 89th min but hey sometimes you get that luck.

I’ve made £148.87 on football so far this week. I also fucked up trying other sports and ended up with a overall profit of £129.64

P/L : £129.64 Bank : £237.91

profit week 2

Below is my trading target, small sample but I’m well ahead of this weeks target.

trading target

I’ll be writing this up weekly. Hope you enjoyed! I’ll try to keep my swearing to minimum, actually, fuck that, I’ll be swearing a lot.

Cheers Jamie.