Wednesday, 30 March 2011

Football and Tennis

Hi folks,

Well it was another good day of training yesterday. However, it did not start well as I traded on the Fish Vs Del Potro Tennis match, once Fish had won the first set. I was using the back the server method, but most games on serve were close and in the end I lost £17

Then I turned my attention to football. I traded the N. Ireland vs Slovenia game. I laid over 2.5 goals and this tactic worked quite well. I hedged out for a £16 profit.

Later on in the night I also traded in the Nadal and Djokovic tennis matches. I managed to make a profit of £8.02.

So overall I managd to make a profit for the day of £16.63

Happy Trading
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8 comments:

  1. saibot30 March 2011 at 07:59

    When you say:
    "I laid over 2.5 goals and this tactic worked quite well"
    how much did you lay? to hedge out with a 16profit?

    Nice blog btw!

    ReplyDelete
  2. Pagy30 March 2011 at 09:21

    I think it will be 40£
    Is it, Gareth?

    ReplyDelete
  3. saibot30 March 2011 at 15:50

    so then he hedged out at about a quote of 3 - 3.5 ? back over 2.5

    ReplyDelete
  4. Gareth Cardus30 March 2011 at 19:03

    I actually laid over 2.5 goals for £20, and I let it run, but I cover the 2-1 and 1-2 in the correct score market. Then if more goals go in I reduced my losses by backing other scorelines. However, I was fairly confident that there would not be many goals in this game

    ReplyDelete
  5. saibot30 March 2011 at 20:54

    that's interesting, covering the 2-1 1-2
    really nice blog man, but if i may ask, how much is your bankroll on betfair?
    I see you have most of the times a profit of about 10£ per trade? that's very nice!

    ReplyDelete
  6. Gareth Cardus30 March 2011 at 22:59

    Hi Saibot, thanks for the comments. My bankroll is to the right on this page, along with previous months. That is just profit. I started with £100 bank. I try to make 3% of bank everyday I trade, that way you double your bank every 24 days. I still have blips though. The problem I have is chasing my losses in a specific game. When I lose a trade I then tend to get back in straight away to try and make it back, if I can stop this, I will make lots of money. The really annoying thing is when I make a loss and then move onto the next game I just trade normally, I don't risk more than 5% of bank and I don't do anything stupid. If I can do that all the time, I will be fine

    Happy Trading

    ReplyDelete
  7. Gareth Cardus30 March 2011 at 23:10

    Oh I almost forgot, I did have a bigger bank than that last year, but I used my profits for my backpacking holiday around Europe. Last year I turned £100 bank into about £1200.

    ReplyDelete
  8. Pagy31 March 2011 at 09:35

    yea, that was pretty nice :P keep it goin'

    ReplyDelete

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