20 ~ 26 February 2017

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bannedThe week started with a $100 bet on the NBA at Palmerbet, which elicited the following response:
Going forward, please be aware that your account is no longer eligible for promotional bonuses. This includes, but is not exclusive to Bonus Bets, Freebets, Account Top-Ups, refer a friend or any other promotional products such as Moneyback 2nd or 3rd and Even money lines.

If the Corporates could actually work with punters, rather than against them, then they would realise that rather than banning Traders, they should be welcoming them. Traders will bet on the promotions, and if they get a bonus bet, they will purposefully lose that bet with the Corporate, in order, to get paid around 70% of the bonus in cash with Betfair. The Corporates therefore get more cash flow, because we won’t be betting on these events with them, without the bonuses. And they get more profit, because they win our losing bets, eventually.  It is a nuisance, but other bookies offer the same bonuses as PalmerBet, so my bets just go to those other bookies, rather than PalmerBet.

On to more positive things in the world of gambling. Profit this week was +$930.40 (+10% POT).  Plus I have a $50 Bonus Bet from William Hill that will convert to $30 cash.  Didn’t quite make the thousand this week, but I will call it close enough 🙂

David Evans ~ ProBet won +$154 (+18% POT)

Ed Kennett – Red Belly Sports won +$200 (+16% POT), despite having a losing Saturday

My Bets won +$324 (+5% POT), chasing bonuses and backing horse racing specials and laying the same bets for a profit.

Daily Profit ~ SportsPunter, which is the pure gambling side of the site, won +$6 (+8.6% POT), on the AFL Preseason games.  The majority of bets for this product will be the AFL & NRL games.

Daily Profit ~ Value Bets won +$1 (+0.2% POT). There is little action at this time of the year, as we transition from the Summer to Winter sports.

Daily Profit ~ TradeMate won +$225 (+48% POT). This product continues to do well for me. There have been some comments, that people are in the negative using this product.  But with my parameters and sticking only to the major sports (mostly), I continue to make good profits from the program.  So it looks like this will be a permanent part of my betting portfolio.

Two days until the end of this month, and then I will do monthly updates.


Tips, recommendations and commentary are for entertainment only. We provide no warranty about accuracy or completeness. You should make your own assessment before placing a bet.

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13 ~ 19 February 2017

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roller-coasterThis week has been a real Roller Coaster, mainly because I lost discipline and focus. At one stage I was staring down a $300-$400 loss. Most of that loss was caused by betting with the assistance of a few Jim Beams.  Bourbon is nice, but not when you are betting.  I made at least two serious mistakes, while I was in Jim’s company, which cost me well over $200.  The week was saved on Saturday.  I had hoped that the Horse Racing Tipsters would come to my rescue with a huge weekend. Naturally they didn’t, but I managed to play some bonuses and make a nice profit …. while sober.

Overall this week I made a profit of $839 (+5.63% POT), which is nice but also galling at the same time.  Without Jim’s influence, it would have been the third week in a row of $1,000+ profit.

David Evans ~ Pro Bet lost $96 (-18% POT) on his Thoroughbred selections.

Ed Kennett ~ Red Belly Sports lost $225 (-20% POT) on his Thoroughbred selections.

My bets made a profit of $1,132 (+10% POT) on chasing Bookies bonuses on the races.  I don’t know if it was coincidental, but after the weekend, William Hill appointed a new account manager for me, and he advised that he would be looking deeper into my account.

Daily Profit ~ Value Bets made a profit of $20 (+4% POT). Not a lot of action around for them at the moment, but that will pick up dramatically as soon as the footy (AFL & NRL) start.  But they consistently make money.  It is a brilliant service.

Daily Profit ~ Daily Trades made a profit of $1 (+0.1% POT). I have tightened up the criteria on this one, and am trying to stick only with the main stream sports.  Too much chance of getting banned, or limited, if I start betting on all sorts of strange and exotic sports.

And so we dive into another week … hopefully with more discipline and less influence from Jim 🙂


Tips, recommendations and commentary are for entertainment only. We provide no warranty about accuracy or completeness. You should make your own assessment before placing a bet.

6 ~ 12 February 2017

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super-bowl-51The week, of course, started with Superbowl 51 and the remarkable win by the New England Patriots, driven by Tom Brady.  My profit for the week was $1,028 (+13% POT).

Unfortunately that win justified some bad bets. I had over committed on the Super Bowl Bets, through Daily Trades. The mistaken confidence generated by that win, caused a slight loss of discipline. I over committed on some subsequent Daily Trades, which lost, and of course, shook my belief in my own abilities.  I recognised the loss of discipline and quickly re-established my discipline.  However, the loss of faith in the Daily Trades lingers, and that is my problem.  I need to trade without emotion. It is a process, relax and follow the process.

This week David Evans ~ Pro Bets won 50% of his bets and returned a profit of $142  (+10.5% POT). Some of this profit was generated through Bonus Bets gained, from the 2nd placings of some of his selections.

Red Belly Sports didn’t operate on Saturday, as Ed was moving to the Gold Coast. But Ed made a profit on Wednesday of $60  (+19% POT).

My Bets, chasing bonuses made a profit of $69  (+4% POT).

Value Bets – Daily Profit made a profit of $637  (+23% POT)

Daily Trades – Daily Profit made a profit of $103  (+23% POT)

Second week in a row, I have made a profit of $1,000 +.  Starting to believe.

Anyhow! See you next week 🙂


Tips, recommendations and commentary are for entertainment only. We provide no warranty about accuracy or completeness. You should make your own assessment before placing a bet.

1 ~5 February 2017

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profit-bar-graph-with-upward-arrow-960x645I started 2017, writing a Daily Blog.  I need to be looking at my results on a monthly basis, rather than a Daily basis. I will do a weekly’ish blog for February, but from March onwards it will be a Monthly Blog.  The low light of this week was the Green/Mundine fight. Hopeless fight, no real result and proved nothing. Glad I didn’t pay to watch it.

I have started trialing Daily Trades, which will be released officially by Daily Profit shortly, I believe.  The results and my understanding started off slowly and not very convincingly.  Since re-adjusting the settings, the results are astonishing. I just hope they keep going.  In 2009 I wanted to be making $1,000 per week.  I doubt that I could have done in then, as all the tools that I needed were not available.  But it seems that they are now becoming available for the average punter.

From the 1st of February to the 5th of February,  I have made $1,387 profit (+20.56% POT), plus I have a couple of Bonus Bets, still to convert. For the first time I can see the $1,000 per week target as a reality, without requiring a bank of $100,000.

Daily Trade made $634 Profit (+46% POT).  This figure should have been increased by $95.50, as I put a winning Trade on incorrectly. I have accounted for the $50 loss in My Bets.

David Evans ~ Pro Bet returned a profit of $102  (+21% POT) from 22 Bets for 13 winners (S/R 59%).

Red Belly Sports returned a profit of $398  (+43% POT). As Ed backs a number of horses per race, the Strike Rate is not relevant.  The Profit On Turnover is the figure Ed is looking for.

My Bets returned a profit of $52  (+3% POT), even after accounting for the $50 error.  My Bets are generally about me learning to trade the races.  I am not wonderful at it, but I may be getting better 🙂

Daily Profit ~ Value Bets returned a profit of $191  (+9% POT).

Daily Trades returned a profit of $634  (+46% POT), by trading on sports results. There were 46 Bets for 23 winners (50% S/R).  But the structuring of the bets, is the key.  The size of the bets is adjusted according to the perceived probability of the outcome. The larger the probability, the larger the bet.  So although we only won half the bets, they were the bigger bets and the smaller bets were the losing bets.

See you in a week 🙂


Tips, recommendations and commentary are for entertainment only. We provide no warranty about accuracy or completeness. You should make your own assessment before placing a bet.

January 2017 ~ The Month In Review

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man-in-suit-counting-australian-money-resize-mediumA profit of $2,600 (+5.83% POT). When I started this journey in 2009, the goal was to produce a second income of $1,000 per week.  January’s profit is about half of my goal, so I am happy that I may finally, after 6 years, be heading in the right direction. It has been 6 years of learning.

During January my bets totaled $44,567, from which I returned $1,866 profit and $734 in Cash bonuses. The cash bonuses came from the Bet 365 Big Bash Promotions, which have now ended. There were 752 bets, of which 333 (45%) were winning bets, 412 (55%) were losing bets and 7 bets were refunded.

Champion Bets ~ Tennis resulted in $2,200 wagered for a $16 loss (-0.7%). There were 37 bets for 20 winners (54% SR). The cost of the subscription is $129 for 3 months, and I can not see the value in continuing this subscription, and will now end it.

David Evans ~ Pro Bet wagered $1,445 on 77 Bets, of which 27 won (35% SR), for a loss of $349.31 (-24% POT). This is a service where I have jumped ship a few times previously. For 2017, I paid the annual subscription of $545, so I am committed for the full year, or until my $2,000 bank is exhausted, whichever comes first. Not a great start to the year. We will see how the year progresses. There was 17.5% used in the first month, leaving 82.5% of the bank for the next 11 months.

Red Belly Sports ~ Ed Kennett had 140 bets for 22 winners (16% SR). There was $2,112 bet for a profit of $561.25 (26% POT). All of this was won on the last Saturday of the month, plus about $100 extra to cover previous losses.  Some of my recorded losses resulted from my inability to achieve the same prices as Ed. This service will be my main betting arm for Thoroughbred Racing in 2017.

There were 108 of my own bets for 63 winners (58% SR). The bets cost me a total of $11,561 and achieved a profit of $507 (4% POT). My bets consisted of backing and laying for bonuses.

Daily Profit ~ Value Bets bet $27,248 and won $1,163 (4% POT) from 384 bets, of which 201 (52% SR) were winners.

And so we move onto February, without Champion Bets. The journey continues!


Tips, recommendations and commentary are for entertainment only. We provide no warranty about accuracy or completeness. You should make your own assessment before placing a bet.

29 Jan 2017 – A Game For The Ages

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federer-v-nadalA very hot Sunday with not a lot of betting action. But with the Final of the Australian Open going 5 sets, there were lots of Bonus Bets to collect.  Overall I recorded a loss for the day of $63 (-7% POT).

David Evans ~ Pro Bet had a running double which lost $20 (-100% POT).

Champion Bets ~ Tennis lost $78 (-100% POT) by incorrectly picking Nadal to win the match.

Daily Profit ~ Value Bets won $35 (+4% POT) by claiming a money back special for Nadal losing in 5 sets, and also claimed $155 in Bonus Bets.

 


Tips, recommendations and commentary are for entertainment only. We provide no warranty about accuracy or completeness. You should make your own assessment before placing a bet.

28 Jan 2017 ~ Money! Money! Money!

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abba-moneySaturday was a busy day. I doubled the bank on Ed Kennett – Red Belly, in view of the cost and time spent on the service. I bet $2,365 on Saturday and made a profit of $745 (+31.50% POT). I know there will be losing days coming, but it is nice to have a big day.

David Evans – Pro Bet had two bets and lost them both, for a loss of $159 (-97% POT). There was a $50 Bonus Bet and a $5 refund, so the day’s result will be improved by around $35 when the Bonus Bet is converted to cash.

Ed Kennett – Red Belly Sports, after a slow start to January 2017, finished with a bang! A profit of +$668 (+104% POT).

My bets lost $38.58 (-9% POT) chasing bonuses. I got a $50 Bonus Bet, which will convert to around $35 cash, and result in a minor loss for the day.

Daily Profit ~ Value Bets showed a profit of $75 (+6.6% POT), and received a $200 Cash Bonus from the Big Bash promotion, and a $25 Bonus Bet.


Tips, recommendations and commentary are for entertainment only. We provide no warranty about accuracy or completeness. You should make your own assessment before placing a bet.

27 Jan 2017 – Leisurely Lunch

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20101118-scandistreetfood-bulldogNot much action, so it gave me an opportunity to have a leisurely lunch for about 3 hours, with my youngest daughter and an old friend of mine.  Was a great day. Daily Profit ~ Value Bets won $21 (+3.6 % POT), and collected $35 in Bonus Bets.

Expect a big day tomorrow.


Tips, recommendations and commentary are for entertainment only. We provide no warranty about accuracy or completeness. You should make your own assessment before placing a bet.

26 Jan 2017 ~ Australia Day

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australia-dayHappy Australia Day! A profit of $285 (+15% POT), although I spent most of Australia Day in front of a computer punting on horse racing.  So that is a lifestyle decision that has to be made, if you want to follow Ed Kennett & Red Belly Sports. After a slow start to the day Ed made me a profit of $120 or 6 Units from my $2,000 bank  (+31.5% POT).  Most of my bets were taken at Betfair Starting Price (BSP), which, for me, has a commission of 6%. Without the commission my POT would have been 37.5% POT. Ed achieved a 43% POT.  I got one bet wrong and that probably accounted for the difference in our percentages. To justify the amount of time required for this service (and the cost), I think that the bank needs to be increased.  If the bank had been $10,000, then the profit for the day would have $600 (i.e. 5 times more).  The problem is that I have lost $106 (-7% POT) in January, and an increased bank would have increased that loss by 5 times.  Ed sent an email to his mailing list headed “Ratings Members Win their 3rd Saturday from 4 in January and 46% on Turnover”. I am pretty sure that is correct and absolutely truthful, but it doesn’t mention that that one losing day was a bad one, and I haven’t recovered from that.  But it is just the long term that matters, so we keep punching on. But I may have to seriously consider increasing the bank to justify the hours and the cost.

Champion Bets ~ Tennis lost $24 (-100% POT) by backing Stan Wawrinka.  As he lost in 5 sets, I would say that it was still a good bet.

David Evans ~ Pro Bet won $13 (8% POT), again a first and a second. And again I didn’t put the second place bet on with a TabTouch who were offering  Money Back. I placed the winning bet with them 🙂

Daily Profit ~ Value Bets won $146 (13% POT), and collected $6.50 in Bonus Bets from William Hill’s Chase The Ace promo.  Most of the money was made by converting Bonus Bets into cash.  Steve from Daily Profit is testing a new system, and I was able to use the Beta version, that highlighted that Hull at $7 had been overvalued by Australian Books. So I back and laid Hull, and made a 78% conversion. The only downside, was that the program was correct and Hull actually won. Therefore the $600 went into my William Hill Account, which now requires me turn it over x number of times.  If the conversion goes into Betfair, then it is immediate cash.

Plus there was a $20 Cash Loyalty Bonus from Bet 365 and a $10 Cash Conversion at TAB, which entered me into a promo at the TAB.


Tips, recommendations and commentary are for entertainment only. We provide no warranty about accuracy or completeness. You should make your own assessment before placing a bet.

25 Jan 2017 – Doom & Gloom?

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d1bb8-failureA loss of $175 (12.64% POT).

David Evans ~ Pro Bet had two selections, which just weren’t good enough on the day. They finished 2nd and 3rd. And I backed the one who ran the 3rd with TabTouch, who would have refunded my bet if it had run 2nd.  Needed to back the other one with TabTouch. David’s selections lost $180 (100% POT).

All Doom & Gloom? Not at all, I already know there will be days like this and there will be days when I win lots.  It is not the day to day totals or the monthly totals, but how I finish up at the end of the year.  🙂

My bets lost $9.74 (-3% POT), chasing the Crownbet Money Back promotion on Ballarat Races 6 and 8.  Got the winner of Race 6, and lost 1 cent. I got the second place getter in Race 8 and lost $9.73, but got a Bonus Bet of $50. When that is converted I will make a profit of around $25 for those two bets.

Daily Profit ~ Value Bets won $15 (+1.7% POT) and collected Bonus Bets of $16, as Chase The Ace promo winds down.

 


Tips, recommendations and commentary are for entertainment only. We provide no warranty about accuracy or completeness. You should make your own assessment before placing a bet.