Friday 6 November 2009

Over and Over Again

Another month gone, so time to post on the blog again and try and update on what I've been upto.
Been back off my hols for a couple of weeks now and been pushing on trying to get BRAVO ratings back on track and get some decent numbers to help with my betting/trading.

For the last month I have been ticking over with some safe and risk free trading from a twenty quid starting bank.
Picking games with goals but would be tight and likely to get a 1-1 or 2-2 scoreline. As such I had built up a £22 profit over 30 days by the end of October.

Then I stumbled across a new blog, which as moved my trading into a new direction. The blog is The 70k Betfair Trader.
He claimed to have made a small fortune in several days and then blew 70k of it.
However reckless this trading seems though, his tactic of backing Over 1.5 goals interested me.

Short odds with the chance of getting out by half time seems an excellent chance to grow the bank quicker.
I started last night with the Europey league games as well as the U17 World Cup games earlier in the afternoon.
After a bit of to'ing and fro'ing I ended the day almost doubling my bank with nearly £50 sitting in Betfair.

The all in policy used by the 70k guy is very risky and I try not to put the bank into a bet unless I have a exit policy.
However I found it a bit more tricky today as I tried to trade on the Iphone instead of the laptop.
A couple of big £20 and £10 losses have knocked the bank back down to £22.
I'm all in on some Brazilan game sitting @ 0-0 with half time, so hopefully a couple of early goals in the second half will setup up for a busy Saturday.

Finally City look good value for a win against West Brom tomorrow, que 0-0!!

Hopefully I will post my progress on this new challenge and maybe I can hit the £100 mark over the weekend and then £1k! We can but dream.

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