May 21st – May 27th -$7,689.65

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10 Responses

  1. Mariano says:

    Hi, maybe you wrote this somewhere but I didn’t see it. What is your unit size, or at least an Average (because I guess you use different amounts for each service) ?
    I’m just curious to know how much is -20k in units but I understand if you don’t want to go into details.

  2. Steve says:

    Hi Mariano
    For most services my unit size is between $400-$500. My average betsize over all models is close to $600. My average betsize for something like AFL is closer to $3,000.

  3. Mariano says:

    Thanks for your answer, Steve. Congrats for your blog, it’s really interesting for those of us that are trying to be successful punters.
    My first year was great, and now I’ve been struggling for the last 4 months so it’s been “inspiring” to read how you were able to hold during the tough periods.
    I read that after 18 months you were back to 0 at one point !!

  4. Steve says:

    Yep, if you have a look at the graph on your left you will see that after 14 months I was back at zero. So really my first year and a bit returned no profit. But in your first year you will make a heap of mistakes and learn from them. Year 4 I went on another horrible run, losing 100k in a few months.
    The key is being able to deal with these runs.

  5. Mariano says:

    Yes, that’s what I did. I looked at the graph and then read your posts from those weeks/months. I’m in my 16th month now and I’ve lost about 50% of what I had made in the first 13 months…so I’m trying to keep my head up, learn from my mistakes and get through this bad run without making it worse. Actually it’s less than 50% in units, but I had just raised my unit value when the bad run started,…awful timing !!

  6. Steve says:

    Just make sure you are following proven tipsters. While it looks like I stuck it out, I was also doing a lot of analysis when I was losing and came to the conclusion that it was just a bad run. Sometimes it could be down to following bad tipsters.

  7. Mariano says:

    I follow very few and I trust them 100%. I also take my own bets and that’s where the problem has been lately.
    Do you take your own bets too or just follow tipsters ?

  8. Steve says:

    Just follow tipsters, I don’t have the time or skill to work out my own bets. You need to stop placing your own bets. simple as that.

  9. Mariano says:

    I only bet on the 3-4 leagues I really know (my local leagues), the problem has been mostly my money management on those bets. Luckily the season is over, and hopefully next season I won’t repeat the same mistakes.

  10. Steve says:

    Yep, just track your bets and results and see if they are any good.

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