Guaranteed Profit

September 24th, 2009 by enda Leave a reply »

Earlier today I had a quick bet there on a match I knew nothing about. I was looking at the live match updates on livescore.com and I jumped on a quick change in score when the match went to 1-1. I quickly backed the draw with about 12 minutes of play left and layed it off to ensure a small profit of 55 cents. Not a massive win, but they all count and I’m trying to build my balance to attack this weekend. Small wins like this give me a bit extra to play with and ensure I hold on to at least €20 of profit for the month. Here’s the match I backed, you’ll see I was guaranteed a small profit no matter what 55 cents for the draw and 20 cents if either team won the game.

football_bet_on_betfair

It may seem like absolute madness laying off a bet like this but by laying off I guaranteed a 10% profit on my €2 stake no matter what and over 25% profit if it stayed 1-1. Probably not the best thing in the world to be betting in markets I don’t know anything about but sometimes you have to take a gamble. This extra 52 cents (after betfair commission) may have a massive impact on my next bet over the weekend. I’ll only be placing one or two more bets this month. I now have a target of €75 in mind, so I need a 9/1 winner with a €2.50 stake. If it doesn’t come off, I still keep my €50 balance and I’ve doubled my money 2 months in a row. It doesn’t have to be one bet to reach this target. If it does come off I’ll go for one more large bet and try and hit the €90 mark. I’ve done well with accumulators this month and if I can pull one or two good bets out of the bag in the next 6 days, these targets are definitely achievable.

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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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