July 30th – Aug 5th -$2,103.40

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  • Rog

    Gowi has updated his results from Janaury 2013 to August 3rd 2014.American Football: Bets 55, Turnover 30,300, Profit + 9,920, ROI + 32.74%
    Tennis: Bets 140, Turnover 65,970, Profit 18,689 , ROI +28.33 %

    Steve do you know If much of the profits on those markets are from Antepost bets ?

  • A very convenient time for him to update. If its from Jan then yes, that would include his antepost bets. What wonderful returns that all his customers can expect to receive.

    I will post my figures next to his figures for the same period in the next weekly update.

  • John Clark

    Hey Steve,

    Interested to hear why you decided to trial OwlTips. Clearly his record is impressive, but it looks like bets will be sent out anywhere from a day before to 10 minutes before a game and 10-20% of bets will be ‘Live In Play’. Have you decided to not place those ones?

    Look forward to hearing how the service performs and whether the odds are obtainable.

    Cheers,

    John

  • Hey John, I’ll test most things, as you said, the results look impressive, so it’s a matter of testing and seeing if odds are attainable. The time of bets is perfect for me, they come out between 6-9pm and like last season, I’ll probabaly stay up to watch the matches.

  • alan

    Steve,

    If you couldn’t get on with sportpunter (were in the wrong hemisphere, as a lot of the blog readers are) – do you know what your figures would look like with no SP bets?

    Cheers

  • It depends what SP model you are talking about. If it’s AFL then yes, the lines move by at least 2-5 points if its a big bet. It hasnt happened as much this season, but last season I won and lost a few bets by half a point. I think it would still be profitable, but you will not win as much as others. With Tennis I usually beat closing odds so again you will win less. Most good tipsters move a market and you really need to get on early.

  • alan

    Thanks Steve, but what I’m saying is that if you decide not to bet SP i.e. I’m not even considering them, do you know what your blog figures would look like if you had never bet any SP bets?

  • Ahh, my mistake. I thought you meant if you bet late.
    Yes, I could easily find that data, and I’m sure it would be breakeven at best.
    Last year SP models made 183k profit and everything else lost 23k
    I believe SP is the only service keeping me in profit while I continue to search for anyone else even as half decent as him.

  • alan

    Gotcha – thanks Steve. That’s as I suspected! Cheers

  • Mattx

    “As long as I stick to my rules in regards to odds” – What are your rules Steve? EG. Don’t bet odds under 1.4 or something? Cheers

  • Banner

    I can’t work out how he’s got 20% ROI for 2014 ? Mine’s about a quarter of that.
    Possibly including some winning ante-posts from last year ?

  • These are rules specific for GOWI, I won’t bet on anything that is >7% worse then his recorded odds. Anything worse is breakeven at best

  • When you record whatever odds you like, have no actual proof of anything then you can show some quite amazing numbers. My own bets currently hit at 120% ROI, but don’t ask me to be transparent about them.

  • Banner

    Yeah, wish he were a bit more transparent, but that’s his business, I guess.

    His prices vanish too fast for my liking. In two minds about this guy; may just be too much hassle at the end of the day.

  • Berto Torres

    May I ask what is your average stake as a % of your full money? And how many times you roll over your bankroll in a month or in a year?

  • My average stake is around $600. My bank is my profit plus my 25k starting bank, so around 350k. As I tell everyone, you should not be betting if you need the money. My goal is to keep building and turnover over my fund every year for at least 10 years. Then I will take it out.

    So my avg bet size is 0.17% of my bank. I do occasionally bet over 2% of my bank on an AFL line bet.

  • Air

    I was thinking maybe you could share your blank scoresheet w formulas for a better results tracking for your readers. Hope it’s not too much 🙂

  • wah

    Just thought i might add something to this. I have not been following Gowie as long as Steve and stake no where near his level 100 per point down from 190(was over staking i believe due to working outs based on gowies ‘results’). I was reading about a guy Rowan gambling in a similar way following gowie. He attempts to put bets on strait away and allows 5% and then waits for prices to rebound and finally bets in play. I have started using a similar system but have tweeked it a little. At my stakes with my bookies I am getting 97% odds but missed 2 bets one of each. Small samlpe but i believe it is how most of his followers do it(tonight i just added one more piece to the puzzle but this has become a long post so i wont go into it yet but i think it has pottential especially for small bettors)
    PS Any must have soccer bookies and any experience with the slow movingbookies with top odds on betbrain B2B etc
    PSS About to sign up with 5 dimes anything i need to know

  • I believe a move from Keith to releasing just before the games would help all members get prices, but this would cut into what profit he can show on his site, sadly we just need to accept that he wont change, he will make people between 0-5% long term, which is fantastic.
    I only use the big guys as there is no use placing $25 at 20 separate books.
    with 5dimes, i think they have 2 offers (this was years ago when i signed up), either a bonus or reduced odds, reduced odds is much better

  • manuser7

    Hi Steve and thank you for all the work you are doing for your readers.
    First of all sorry my english is not perfect – (we had a quick chat on SBC a few days ago when I asked you about Football Investor)

    Anyway, maybe a naive question (I am a 3 years experience bettor, losing the first 2 years), I was wondering why this problem with GOWI but apparently not so much with other tipsers?

    I did tail GOWI for 2 months and was happy but it was annoying to wait for the email and rush to try to get the odds on Pinnacle.
    Why would GOWI have more followers than any other good tipsers?

  • Hi mate,
    I believe Gowi has been around for many years and has built up a big following, I haven’t found many others who have been around as long and continue to make a profit.

    The problem on the line moves is purely based on his success, he now has so many members betting very large sums, no matter what bet he advises, the odds will fall within seconds. His service is then a race to be the fastest (a race I can’t win from my location). I have no problem with this.

    My issue and a lot of others is his odds recording and transparency. Everything else about the service is fantastic. It won’t suit everyone, but if the release times suit you then it’s a great service.

    With an service, you will need to test what works for you. With Football Investor, I wait until the day of the game to bet as I am asleep when the email arrives.

  • manuser7

    thanks for your quick reply

    i also wanted to ask, why this rule of ” I won’t bet on anything that is >7% worse then his recorded odds”? Did you check like his past results and assumed that a difference of 7% would still be allright for your own profits ? or ?…

    Yeah like I said I was happy with the service, even if result wise clearly my profit was inferior to what he says on his website

  • From my limited data, I believe what I can expect from his service is between a 0-7% return on turnover. So if I am betting anything that is 7% less then his odds they will give me a negative return.

  • manuser7

    ok, thanks mate. GL for today