November & December 2016 Monthly Review -$51,260.00
What a miserable end to the worst punting year of my life. With only the American sports in action, I still managed to bet $572,040.00 over the 2 months. Am I the only losing gambler on the entire internet? it seems that way if you ever have a look at twitter, apart from me everyone else is winning. They say 2% of gamblers win, but in social media land, it’s flipped on its head, with 99% winning and just me sitting in the 1% of losers. But hey, honesty doesn’t sell subscriptions or get likes.
We will have a much closer look at the 2016 loss next week when I do my yearly review, but 2016 will show a total loss of $168,620.00. November saw $310,000.00 bet for a $12,790.00 loss at -4.13%. December saw $262,040.00 bet for a $38,470.00 loss at -14.68%.
I placed 434 bets over the 2 months and won 208, lost 219 and 7 were refunded.
I still remember the start of the NFL season and going 12-1 from Line bets. This period I had 31 line bets and only 11 won. I bet $148,080.00 and lost a massive $41,830.00 at -28.2% ROI. The Totals bets did a little better, only losing $6,610.00 at -4.5%. Just like the AFL, a model I thought was a rock star has performed shockingly.
NBA totals have been the only profitable model and I turned over $170,130.00 and made a $15,580.00 profit at 9.2%. The H2H bets took all that profit and more with a $18,400.00 loss at -17.2%.
Very happy to see the back of 2016. Surely I am the biggest losing gambler on the Internet this year, and yet well over 90% of my bets had to be placed offshore as no Australian corporate bookmaker wants to take my action. 2017 is not going to be a fun year for profitable gamblers in Australia. With new laws coming in, it is going to be very difficult to get any bets on at all.
You can see my entire years monthly results by following the links below.
Next week I will go over my entire year (including betting, travel, business, investments, so on). While the betting was a horror scene, everything else went pretty well for me in 2016. I hope you all did just a little better than I did last year and here is to a much more successful 2017.
Total Loss for the past month was $51,260.00
Stats Year 7
Total bet amount: $1,281,890.00
Bets Placed: 706
Half Payout: 1
Winning %: 45.8%
Total profit per day: $210,520.00 / 2375 = $88.64
Total Turnover: $29,308,720.00
Total ROI: 0.72%