Challenge Goes Bust

Had a good day on Monday. One successful lay on the challenge getting my betting bank up to £1500. Had a decent UK session as well but a small loss on a US session but I was a few hundred down.

Tuesday had a very decent UK session winning £350 but I had a winning LAY on my challenge so I lost the £1500 betting bank.

I finished off with a £138 winning session on the US racing.

So even with the loss in the challenge with all the previous profits counting in last weeks figures I am only -£51.01

So to make a profit this week is an up hill task.

NEW WEEK

As I said for recording purposes my week starts on a Sunday. Yesterday was quiet because I was out again. I had a short session in the late afternoon and one bet for the challenge.

The days profit was £252.10

Friday and Saturday

Had a busy time this weekend with one thing and another but still managed to some very decent profit. This was largely down to my challenge which is starting to really kick on. I've also now managed to start banking some of the money £1000 so far, so I'm locking some of the profit in.

On Friday I managed 4 lays on horses and one back on the football for the challenge which account for the majority of the days profit of £739.44.

On Saturday I managed a session on the aussie racing in the morning and a session on the US racing in the evening. Both were perofitable, however, if I'm honest with myself the US racing session was a bit silly as I was both tired and a bit drunk after an afternoon at the rubgy. Because of my afternoon out I only managed one bet for my challenge but it was a Lay at 4..31 so the return was good. I managed to make £775.45 on the day making it an excellent couple of days.

Friday and Saturday profit = £1514.89

Moving Along

Well I am hoping to show discipline by regularly posting and thus improve my betting discipline.

The last blog I stated my daily and current week profit and at the end of the month the monthly profit. I think I will continue to do this. Only slight issue is the increased profit while my challenge is still going on.

Speaking of the challenge I have now have had 8 successful bets in a row after two more horse lays yesterday. I'm favouring lays at the moment of 12 or more runner handicaps. Current bank is £869.69 from the £250 I started with.

OK I've decided to lump it all together and record both the challenge and normal betting as one. So summary of yesterdays activities was as follows

2 sessions (one Aussie dogs and horses, one UK / US horses)
2 successful lays for the challenge

The month stats I provide are from the 25th August i.e. the start of the challenge and not September. Each week for recording purposes starts on a Sunday.

Thursday Profit - £447.49
Week to date profit - £2659.23 (includes the big win from Sundays Manchester derby)

If only every day and week was like this :-)

Up and down Time

Haven't posted hardly this month. Been a bit busy and been away for a week in Spain and I've also lacked discipline on a couple of occasions. Anyway I intend to start posting regularly as discipline i what it's all about.

Financially it's been pretty good so far this month but I just feel things could go pear shaped if I start to chase. I have done quite a lot of sessions on U.S. horse racing, UK horses, Aussie dogs and aussie horses and one losing session on UK dogs. As far as UK dogs are concerned as they say on dragons den, I'm out. I really struggle to make them pay. I've also had 5 bets on the footie this month which included a lovely trade on a thrilling manchester derby which I made big bucks and will have a huge effect over my profits for the month.

As I've mentioned football isn't really my thing so they are normally interest bets or where someone has pointed out a bit of value to me. I went to the PNE-SPurs game last night. Layed spurs on betfair and they won 5-1 !!:-(

A side from all this I have started a challenge again on the Betfair general betting forum. I did my first and only challenge on there everal months ago and it was both succesful and well received. It was great for establishing discipline. Basically it's called 10% a bet for 30 bets

Start Bank £250
Each bet risking 100% of current bank
Odds of each bet to provide at least 10% return
Averaging 1 bet each day

The first time round I attempted it, in two weeks I managed 34 bets winning bets in a row and better than 10% return each time which allowed me to bank profit along the way. In the end I made over £4.5k in the two weeks.

Anyway I have just started the same challenge take two. I have had 6 successful bets in 2 days all lays on the UK horses. Showing a profit of £414.66. I'm going to deduct the profits and potential liability (£250) from my figures for this blog because I don't want it to distort my p&l and give me cause to chase if thing go tits up on the challenge.

Also you'll see a tennis and darts figure on the pnl. A mate of mine iss into hi arrows and gives me the odd tip, to be honest it's just a bit of fun as they tend to be a bit hit and miss! The tennis was from the US open final. Where I had a bet buit traded out.

So the figures show the following:-

UK WALLET = + £3027.61
AUS WALLET = + £1061.63
TOTAL PROFIT = £4089.24
CHALLENGE PROFIT = - £414.66
CHALLENGE START BANK - £250
ADJUSTED PROFIT = £3424.58

So profit so far this month is £3424.58 even if things got tits up with the challenge. And to be fair I probably won't get chance for many sessions so there should only be what comes out of the challenge. This month will be a long one as I start this at the end of August. In fact today it's been a month since I started but the end of September is a week away so I get an extra week bonus for my figures.