Dec 4th – Dec 10th -$2,431.83

Another one of those very annoying weeks. The same pattern happened last week. Midweek betting was terrible and pushed me towards -20k, then a good Saturday and I’m back to only a loss of 5k for the year. Head to bed Sunday night hoping to be in profit on Monday morning but everything losses and I’m back out to -12k. This week I also created a graph of my total betting since this blog started which can be seen below and on the left side.

total

It doesn’t look too bad to be honest. Long periods of sideways movements and then a quick jump in profits, followed by more treading water. If it was a stock, I would buy it.

In the last post I mentioned how Betezy is seeming very dodgy. I have had others say they are still being paid and taking the bonuses. I emailed and called Betezy to ask for a reply and got nothing from them. I will be lodging a formal complaint against them with the NT commission about their stealing of my bonus funds. Will update when I know more.

In other local betting news. A bunch of morons trusted a bloke who said he would bet millions on Australian racing and would return 25% a year. It could be as high as $500 million stolen. I can’t believe how greedy people can be, and how stupid they are with their money. Some simple research when presented with the offer would have uncovered the truth. Full story at Scott Fergusons blog.

After a few weeks of Insider betting, my thoughts are that I won’t be continuing. The leagues are hard to get a decent bet on, odds crash very quickly and bets come out at different times. I will be joining a new service this week that should allow me to bet on these in a more timely manner, so will give it another chance before pulling the pin.

After talking with some more readers this week, I have started to follow ClubGowi, when initially told about the service I had a look and wasn’t confident in it. But after a few more people recommended it, I have joined up for a month. As is always the case, the first day of me following was a shocker. “Ouch ! Saturday was a nightmare and I guess was probably our worst ever day“. But yesterday was pretty great and the service is more then just the tips, it will hopefully increase my betting IQ. As I continue on this journey, I may as well learn something as well.

American sports continued their poor form this week. NFL down $2,600, NHL with a huge $5,200 loss and NBA with a $500 loss. This lead me to have a look at the total P/L for all american sports (from Sportpunter) and the results don’t look great. In total, I am just shy of $3 million bet and have just $15,000 profit to show for it. NHL, NFL and College Ball have been long term losers and only the NBA and MLB have made a slight profit. I think a restructure is in order at the end of this season.

Nics Picks is now on it’s final legs. 1 win from over 180 picks is hard to stomach. I knew I would have large swings, but this is a bit much. I also assumed that I was getting much worse odds, but after looking at my bets, I am only get 1% worse odds. So will continue and hope for a winner real soon. NBL changed it’s poor recent form and made $3,800 this week.

Soccer has had a mini renaissance lately, it’s still shit and in a deep hole. But the last few weeks have produced some profit. Skeeve continues his amazing run, I just wish he hadn’t lowered stakes, as we could be well in profit right now. $2,300 profit this week from his two bets. FB Elite has an amazing Saturday, followed by a terrible Sunday and ended up contributing $1,900. Combo FI only had the two bets and returned $360. TFA also was in profit to the tune of $2,400, but a goal with just 20seconds left in the Partick game cost me over $7,000. That one hurt. Onto the two new systems and Insider betting lost $2,000 and ClubGowi also lost $1,000. I have high hopes for ClubGOWI after reading the first few emails. As always, time will tell.

So another small losing week and still waiting for that breakthrough week to push me into profit. I know it will happen, just want it sooner rather than later.

Total loss for the week was $2,431.83

Stats Year 4
Total bet amount: $1,535,977.00
Profit/Loss: $(12,312.44)
POT: -0.80%
Bets Placed: 2,570
Won: 920
Lost: 1587
Half Payout: 1
Refunded: 62
Winning %: 36.7%
Total profit per day: $175,209.65 / 1259 = $139.16
Total Turnover: $11,285,806.53
Total ROI: 1.55%

FB Elite $76,000.00 $95.00 0.1%
week profit/loss: 1900

Skeeve $43,240.00 $(1,794.10) -4.1%
week profit/loss: 2280

Combo FI $42,590.00 $(2,505.00) -5.9%
week profit/loss: 360

TFA $306,443.00 $(37,753.00) -12.32%
week profit/loss: 2420

Insider Betting $5,500.00 $(2,213.50) -40.2%
week profit/loss: -2000

ClubGowi $7,300.00 $(1,026.00) -14.1%
week profit/loss: -1026

NFL Totals $81,632.00 $(4,788.88) -5.9%
week profit/loss: -2645.16

NP Win $13,623.00 $(9,030.00) -66.3%
week profit/loss: -825

NHL Totals $118,942.00 $(11,405.55) -9.6%
week profit/loss: -5,199.78

NBL Totals $50,321.00 $5,811.75 11.5%
week profit/loss: 974.40

NBL Line $37,336.00 $14,308.47 38.3%
week profit/loss: 2857.50

NBA Totals $68,674.00 $(3,276.34) -4.8%
week profit/loss: 792.15

NBA H2H $36,997.00 $6,570.86 17.8%
week profit/loss: -1319.94

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  • PhatKock

    Hi.

    Was just wondering why you don’t use any horse racing tipsters? There’s a few UK ones who do very well and have a good track record.

    Is it an issue with getting big stakes on ?

  • admin

    Hi,
    I did follow systematic betting for a year and made a nice return, but as you need to get early fixed odds to make a profit, this soon became impossible. Every UK book banned or limited me and then every Australian book. There is just nowhere to bet at the odds you need.
    I also followed formbet, but I lost a lot of money with that as it was not a profitable system.

  • PhatKock

    Thanks for reply.

    Have done some research and SBC seem fairly clear some of the more reliable horse tipsters (such as the one you’ve mentioned) can still achieve profit if backing on betfair but again I’m guessing it’s a liquidity issue at the stakes you use ?

  • admin

    Yeah, that’s bullshit.
    Maybe if you took the price early, but you can maybe get a few dollars on at most.
    At BFSP you have no chance.

  • Tom

    You’ve chosen a terrible time to join Gowi! worst run for the 4 months I’ve been onboard at least.

  • admin

    Hey Tom,
    Just my luck, happens with almost every tipsters I follow. Nics Picks golf has had 1 win from around 150-200 bets since I started following. I’m in this for the long term, so a bad start shouldn’t be an issue, if they are a good tipster over the next year I should make it back and then some.

  • Kizo

    Mentioned clugowi earlier. Those swings are hard to bear and it’s not just that, it’s his arrogance that costs him (and those who follow) the most. Probably why he doesn’t have a clear and transparent archives and doesn’t proof his tips.

    As for Insider Betting, you are right, they can’t be properly followed for larger bets.