April, May & June 2016 Monthly Review -$51,080.00
I’m back from a fantastic 2 months in Europe. The trip was amazing and I’ll have a post on what I got up to very soon. This post will be a round up of April, May and June’s results. It also signals the end of my 6th year of betting.
I left for the trip near the end of April, I was still following all models until I hit Europe. I tried to continue following the Soccer, NRL and AFL while on my cruise, but the internet was so slow I decided to just follow the AFL for the remainder of the trip. This ended up costing me a sizable profit as the NRL model was on fire during that period. I did save a little on the Soccer betting as that ended the season badly.
As you can see by the chart below, the last few months were very volatile. That is to be expected when you are placing less then 10 bets per week. But jumps of $20,000 were very common week to week (in both directions). I’m sure if I look back on the trip that I would have enjoyed the places where I had a winning week much more then those I was in when most bets lost. The one really happy day I do remember was on the 14th of May when I was in Monte Carlo. As I was watching historic F1 cars fly by, I was also watching the AFL live scores app and when Richmond beat Sydney right at the end, it turned the day into a +$30,000 day. I remember thinking how awesome it would be to live in a place like this and earn that sort of income every day. Those dreams were short lived.
From April 1st to June 30th, I bet a total of $956,770.00 and made a loss of $51,080.00 which is a -5.34% ROI. My highest profit during the month was on the 8th of April ($15,890.00) and my lowest point was just 4 weeks later on the 6th of May (-$53,850.00), a swing of $69,740.00. 558 bets were placed and I won 216, lost 325 and 17 were refunded.
In April, I was still betting AFL, NRL, Super Rugby, NBA Totals, NHL Totals and MLB Totals. From May to June I was just following the AFL H2H and Line bets. In total I bet $707,450.00 on Sportpunter selections and made a loss of $54,750.00. That is a -7.74% ROI.
The All Sportpunter chart below pretty closely mimics the chart above as 74% of all bets were on Sportpunter models (and 100% in the last 2 months). The vast majority of bets were placed on AFL. This has been the greatest model I have ever followed. But this season has been one of it’s worst. I ended up betting $464,260.00 over the 3 months and lost $26,910.00. The H2H bets actually made a profit of $12,910.00, it was the line betting that produced a big loss of $39,820.00.
The NBA and NHL seasons were wrapping up and both lost a little. The NBA lost $7,820.00 and the NHL lost $2,980.00. Super Rugby has had a horror year and lost a further $6,800.00 in April. The NRL has been the standout Sportpunter model this year and made $4,330.00 in April (and a heap more in May and June which I did not bet). The MLB totals lost $14,570.00 before Jonno pulled the pin on them.
I followed the Soccer models until I left for my trip. It started April poorly before a great run brought it to $27,000 profit. If I had left for the trip a week earlier, I would have been ecstatic as I would have missed what was another very common Soccer crash. If I had continued to bet until the end of the season, things would have looked even worse.
April saw a total turnover on Soccer of $249,320.00 and a profit of $3,670.00 which is a 1.47% ROI. The vast majority of bets were placed on the combo system. $188,820.00 was bet for a loss of $2,310.00. The TFA Euro system and draw systems were the ones that produced a profit of $2,080.00 and $3,900.00 respectively.
That brings my 6th year of betting to a close and results in my first ever losing year. I will have a full wrap of the year next week. This is now easily my biggest ever drawdown and has taken a big chunk of my profits. This time of year is when variance is at it’s highest as I am betting big on only a few bets per week. Nothing changes though, I’ll continue to follow the models through to the end of the season and see where I end up. There is still plenty of time for the AFL model to recover its losses (or loss even more).
I’m glad to be back and look forward to writing more on this blog. Shame about the weather though.
Total Loss for the past 3 months was $51,080.00
Stats Year 6
Total bet amount: $6,140,800.00
Bets Placed: 4649
Half Payout: 24
Winning %: 41.6%
Total profit per day: $346,420.00 / 2191 = $158.11
Total Turnover: $28,026,830.00
Total ROI: 1.24%
|Sport/Tipster||Wagered||Profit/Loss||ROI||Apr - Jun P/L|
|Odds Pushed Out||$21,500.00||$40.00||0.2%||$0.00|