August 2009 – Wk4 Review – Enda

August 23rd, 2009 by enda Leave a reply »

I began the week with a loosing bet on the Premier League champions Manchester United who lost 1-0 away to Burnley. This was a brilliant result for Burnley and a bad start to the week for me.

Incidentally, my first winning bet of the week was on another United game, when they won 5-0 away to Wigan. I put €4.90 on United and layed the bet of at odds of 1/10 to guarantee a profit. I made some predictions on the Premier League games and this was one that I followed through on with a bet. On the same day, I dropped 10 cents on another attempt to back small and lay big to secure a big profit.

I followed my success on United with a bet on Cardiff city at home to Bristol City. Again, I used a cautious approach and layed the bet off at lower odds after Cardiff took the lead. I won €1.68 here and this got me back to a decent level of profit for the week. At this stage I was up €1.90 and I was happy that I was able to come back from my loss on United earlier in the week.

My final bet of the week came on a game in the German Bundesliga. I backed Hamburg away to Wolfburg at odds of 4.3. Hamburg went 2-0 after 7 minutes and I was able to guarantee a win of at least €0.96. Hamburg won the game though, and I won €3 on this game.

Here’s my bets for the week:
Loosing €2 on United
Getting back on level terms by backing United to win
Hitting profit for the first time by backing Cardiff
€3 win on German Bundesliga match

bets_review_week4

Here’s my stats:
Opening Balance: €37.00
Bet this week: €14.14
Bet this month: €77.04
Current Balance: €41.57
Profit/Loss (week): €4.57 profit
Profit/Loss (month): €21.57 profit

€4.57 might not be a massive win but it’s 32% profit on my stake for the week. Considering I layed off all my winning bets, my return on investment could have been much higher. Will this stop me laying off? Absolutely not, if I could profit 32% every week I’d be very very happy to lay off every bet. My low risk, cautious strategy has paid off for the 3rd week in a row. Sean is willing to put a lot more of his kitty on the line and is probably the favourite to win at this stage, but I’ve now doubled my €20 bankroll for the month so far and I’ll be continuing with this approach this week.

2 comments

  1. sean says:

    now isn’t the time to be cautious Enda – now is the time to attack and go with banker bets! ;-)

  2. Enda says:

    I don’t think I’ll be backing to the weekend. What’s €41.57 x 2.06? ;) €85.63 wins it…

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  • Monthly Stats – December

    Sean
    Betfair - Bet: €1349.12 - Balance €202.07
    PaddyPower - Bet: €1.00 - Balance: €5.12
    Total - Bet: €1350.12 - Balance: €207.19

    Enda
    Betfair - Bet: €55.98 - Balance: €8.95
    PaddyPower - Bet: €0.00 - Balance: €0.00
    Total - Bet: €0.00 - Balance: €8.95

  • Monthly Stats – November

    Sean
    Betfair - Bet: €136.05 - Balance: €0.00
    PaddyPower - Bet: €5.00 - Balance: €0.00
    Total - Bet: €141.05 - Balance: €0.00

    Enda
    Betfair - Bet: €31.88 - Balance: €20.11
    PaddyPower - Bet: €3.72 - Balance: €1.18
    Total - Bet: €35.60 - Balance: €21.29

  • Monthly Stats – October

    Sean
    Betfair - Bet: €20.00 - Balance: €0.00
    PaddyPower - Bet: €6.00 - Balance: €17.16
    Total - Bet: €26.00 - Balance: €17.16

    Enda
    Betfair - Bet: €25.68 - Balance: €19.28
    PaddyPower - Bet: €1.28 - Balance: €3.72
    Total - Bet: €26.96 - Balance: €23.00

  • Monthly Stats – September

    Sean
    Betfair - Bet: €141.50 - Balance: €71.91
    PaddyPower - Bet: €5.00 - Balance: €1.17
    Total - Bet: €146.50 - Balance: €72.91

    Enda
    Betfair - Bet: €30.71 - Balance: €62.54
    PaddyPower - Bet: €10.73 - Balance: €11.62
    Total - Bet: €41.44 - Balance: €74.16

  • Monthly Stats – August

    Sean - Bet: €901.57 - Balance: €50.58 Sean Wins!
    Enda - Bet: €89.86 - Balance: €49.95

  • Polls

    Who'll win in December?

    • Sean (100%, 3 Votes)
    • Enda (0%, 0 Votes)

    Total Voters: 3

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