June 3rd – June 9th +$7,764.26
A very strange week. While it was another profitable week, it felt anything but. On Sunday morning I was sitting on $35,000 profit for the week with some big AFL bets to come. I had just won the last 5 AFL bets and as always my brain extrapolated that if I had won the last 5, then the next 3 were also sure winners. I thought this was going to be a $50,000 week and that by some incredible fluke I would be sitting on the highest profit level once again. We all know how these stories end. All 3 games lost, 2 by half a point and what was a great week becomes just an OK one. But it doesn’t end there, the old rule that a loss hurts 3 times more than a win is very much real. This week feels like a losing week even though it isn’t. I’ve just got to accept that even when making money I will feel like I am losing. It’s a hard concept to get your head around, but it’s a proven human fallacy. This week also included the first time a tipster kicked me out of their service. I’m sure many have wanted to before and I’ve had arguments with almost every single tipster I follow, but this was the first time one has taken the step to close my account and issue a refund. I also woke up this morning to learn that a company I invested in a few years ago was featured at the big Apple event last night.
Let’s first talk about the decision by Keith who runs the ClubGowi service to cancel my subscription. Over the last week he was accused of cancelling another members subscription who asked a simple question on the forum.
Meatball wrote:Hi , im new here,was searching anything about Gowi since i dont understand him at all.I subscribed at the beginning of the year and i lost huge amount of money with his bets.I have sent him an email last mounth where i kindly asked him-did he have a bad strike like this one in last couple of years.He obviously didnt like my concern and said im lying about dozens of units lost this year(i wrote him at start of april) he said that he was in great profit in 2015 which is so far from true. Now here comes my greatest dissaapointment – he stopped sending me emails after that even though i subscribed until July ! Paid in January for six months so i can say im cheated for several hundreds of euros just because i asked him did he have a bad streak like this one before.Its normal for any tipster to have a bad period but this is outrage.I have read all posts at this thread,agree about much higher odds he writes.Did anyone else had some simillar experience with any tipster?
I also laughed at a tweet posted in reply to a ClubGowi post on Twitter. My first ever interaction with the ClubGowi twitter handle.
— Daily25.com (@day25) June 1, 2015
I believe this brought my site to the attention of Keith (I had wrongly assumed he had been reading it). As I have been told by many readers, they were amazed I had not been banned as they knew that if anyone spoke out about his service he was quick to remove them. He also initially begun to be proofed by the SBC for a few weeks before he pulled his service from that.
I believe every tipster has the right to choose who is a member and who isn’t. I have no issue with my subscription being cancelled. I have cancelled the subscription of over 10 Dailyprofit members over the past year because they were forwarding emails to others. I have created software that knows when this happens. I no longer delete members, but instead put them on a separate list and will figure out what to do with them in due course (probably send them the opposite bet to push the price up on the real bet we want to take). But I would never cancel a subscription for many other reasons.
The simple fact is that the ClubGOWI service misrepresents the returns that can be achieved by members. This really pisses me off and while all the other tipsters I follow do their best to give a fair representation of what results to expect, the ClubGowi service markets it’s product with unrealistic expectations and than cancels anyone’s account that complains. There are a few other issues I have found with how the service runs that I will go over in my detailed review of the service.
My main complaint with the service was how it was marketed. I know one or two members who have done quite well with the service over the years. I wrote many times that I believed the service to be profitable (just not anywhere near what was advertised). Was I over the top with my criticism of the service? maybe, but it was my opinion as a paying customer. Just like if I had visited a restaurant who made outrageous claims about its food and after eating there I found these claims to be false, I would have written a review on Yelp about the difference between what was advertised and what was actually served.
Keith fully refunded me for the remaining months on my subscription and that will be the last ClubGowi bet I will place. I would like to thank the many readers who offered to forward me his emails, but as I told them, I do not condone this behavior. I’m sure the ones that have made a profit with this service will feel my cancellation was well deserved and the others who have made a loss will feel it was pretty harsh. But I already feel a sense of calm of not having to try and get prices and getting pissed off at missed bets as the odds never recovered on a winning bet and did on a losing one.
We may as well end my last weekly review of this service on a positive. ClubGowi had an amazing final week for me with $6,038 profit. I remember last year his Australian open Womens betting did quite well and he replicated that in this years French Open. The WTA is one area where he is really strong and each major seems to do really well for the service. This weeks profit pushed me back into the black for the past 11 months of the service.
Onto the Sportpunter selections (I would quit betting if Jonno ever cancelled my subscription) and as mentioned above, the AFL got off to a great start and ended terribly. The first 5 bets all won but at much lower stakes than the final 3. It ended the week with a small $1,150 profit. The NHL is into the finals and lost $1,550. The MLB continues to shine with another $5,550 profit this week. The Super 15 season has been very poor compared to last season and lost $3,900 this week. NRL added $1,550 profit. It was also a case of staking hurting profits this week for Dailyprofit members. A small profit was made, but it could have been so much better.
That makes it 5 winning weeks in a row. When sitting on that $60,000 loss for the season just 5 weeks ago, I never imagined that I would be in profit. But now that I am I keep expecting more. I need to lose all expectations and just place the bets and they will end up in the same place no matter what I think. That ends a very entertaining week.
O, one more thing (classic Steve Jobs line there). About 2 years ago, I decided to take a small amount of the profits I had made from betting and invest in some startups. Just like with betting, if I was to invest myself, it would spell disaster. But thanks to Angel.co I was able to co-invest with seasoned investors and VC firms. These investments are very high risk. I would compare it to Golf betting, most of these businesses will fail and I will lose the entire amount I invested in them, some will return a little and you will get that rare big win that pays $200-1 (Uber paid $40,000-1). If I can get a return close to 10% on my investments I will be happy.
One of those investments was in an app I use. I believe meditation is a key skill for any profitable bettor. Meditation helps make you more present, it stops you from thinking less about the past and also about future worries. When you go on a winning or losing run, your brain starts thinking of the future. Meditation helps keep you grounded in the present and helps you make better decisions. This morning that company I invested in was featured on stage at the Apple developers conference. The app is free to use and it has helped my betting. Get it at Calm.com
Total Profit for the week was $7,764.26
Stats Year 5
Total bet amount: $7,275,080.93
Bets Placed: 9784
Half Payout: 73
Winning %: 41.0%
Total profit per day: $377,700.84 / 1805 = $209.25
Total Turnover: $21,617,824.30
Total ROI: 1.75%
AFL H2H – SP $133,554.00 $23,232.13 17.4%
week profit/loss: -917
AFL Line – SP $530,652.00 $332.45 0.1%
week profit/loss: 2058.75
NHL Totals $690,385.00 $18,086.43 2.6%
week profit/loss: -1562.50
Rugby SP $97,676.00 $(4,612.06) -4.7%
week profit/loss: -3887
NRL SP $114,399.00 $8,370.21 7.3%
week profit/loss: 1568
SP MLB $632,218.00 $47,540.72 7.5%
week profit/loss: 5535.01
ClubGowi $770,653.00 $3,988.25 0.5%
week profit/loss: 6038
GOWI $19,776.00 $3,322.28 16.8%
week profit/loss: 0
Jason Kelly Golf $16,591.93 $(10,358.53) -62.4%
week profit/loss: -925
Betswot $10,362.00 $(8,607.00) -83.1%
week profit/loss: -239
Odds pushed out $55,750.00 $4,469.50 8.0%
week profit/loss: 95
Personal $72,573.00 $(14,007.60) -19.3%
week profit/loss: 0
Mistakes $17,735.00 $(9,693.00) -54.7%
week profit/loss: 0