May 2, 2007

Football Trading Profits

Even if a month of testing is a short period of time, the system works.

The best thing about the Ebook is the clear rules to follow. There is no guesswork and it’s very easy to understand.

The bad thing is that the odds do not move anywhere near as much as the book claims when a goal is scored.

If the underdog scores first the odds hardly move at all most times.

If the game is still scoreless when the Ebook says it is time to cut your losses, the odds are a lot lower than in the examples in the Ebook.

So when you have a good trade you don’t make the kind of profit the book claims and when you have a bad trade you lose a lot more then the book says.

This is maybe because it is an old system that a lot of people already use and maybe it worked better a couple of years ago.

You always green up as soon as there is a goal and if there is no goal you cut your losses at 70 minutes.

When you cut your losses you can take the safe way and make your back bet to split the losses no matter what happens in the last 20 minutes of the game.

The other way is more risky and you make your back bet to win back ALL the money you stand to lose from you first lay bet.

Personaly I used the risky way at first but then changed to the safe way and this cost me. The book strongly recommends you to use the safer way and since I only tested the system for one month I can’t say what method is best. There is also very little money in the INPLAY market even on big games like Chelsea vs Liverpool so trading with high stakes is just not realistic. I personaly traded with a risk of £1000 per lay bet and on some games it was hard to get in the money I needed with my second bet inplay.

A total of 55 trades where made and in 46 of them we got a goal before the 70 minute cut off time.

In the 9 trades that where goalless at 70 minutes, 6 ended in a 0-0 tie and 3 got a late goal.

If you RISKED £100 per lay bet you made before the games started you would have made a profit of £457.78 after betfair takes their 5%. That is 9.95% ROI per winning trade.

Using the safe method to cut your losses you would have lost a total of £317.37 on the 9 trades with no goal at 70 minutes so a loss of 35.26% per trade.

With the risky method you would have had 6 tades where you won back all the money lost on your first lay bet and 3 trades losing “big”, £248.58 in total.

So for this short testing period it was the risky method that lost less money but over a year that might change so going with the safer method might be wise.

End result would be £140.02 with the safer method after 55 trades or 2.54% roi.

With the risky method you would have made £209.20 after 55 trades or 3.80% roi.

To get these results I would say you need a bankroll of around £1000 since on weekends you will have several trades going at the same time.

You would also have to spend a big part of your weekend glued to a livescore website and all for a small R.O.I

With the small inplay market you can´t trade with big amounts of money so even if you would make 3.80%roi per trade all season it would be impossible to make a living from it.

It has been fun testing the system but as a professional sports bettor it is not worth my time and I will not continue trading with this system. One tip for those who want to try the system is to stay away from Italian football. Seven of the nine trades that did not have a goal after 70 minutes where in Italy.

You can get Football Trading Profits here:

http://www.cash-master.com/footballtradingprofits.php

 

Filed under Football by Mr Wattana

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