Aug 2024 £3000 - ? Bank Challenge
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Todays results in full:
Although I was incredibly confident of another goal in the Fulham match I hadn't realised that this was the first game in 3,500 with 7 FHG. I actually had to add another column. Perhaps if I'd realised I wouldn't have been quite so confident. It's fair to say, I may not jump in again with such limited data but all well today.
Accrington was a definite and Braga added another bit of data to Portugal which is ticking along nicely. Feyeenoord was in outlier territory so wasn't a trade this time. All in all it a decent enough day.
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2/2 today and +£5.70
Bank £248.68 so back in the green for Jan -
Fingers crossed it's finally time to get rolling!
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Nothing to see here......move along
Tomorrow is another day
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@keith-anderson luckily they only stimulate mine haha!
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@richard-latimer said in Betfair Premium Charge Challenge Commenced 01/08 - Total Investment Since, £199.41 - Current Bank £244.17 (+£8.39 for Dec):
Certainly enough for me. Most people say my spreadsheets make their brain hurt or something along those lines haha!
They do!
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Certainly enough for me. Most people say my spreadsheets make their brain hurt or something along those lines haha!
Trading Spreadsheet linked below
https://www.dropbox.com/scl/fi/3gnk1vku1krkoyfcq37y6/Trading-Bible.xlsx?rlkey=01eqhp8u73s61iy2s814sqfll&dl=0 -
@richard-latimer Now that is an interesting SS Richard.Very helpful for newbies and those who are still learning. I see there are 2 Leagues, NET Eerste, GER Regionalliga Sudwest, and English National League that I don't have.
Is there good liquidity in these markets
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3 potentials:
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Tomorrow equally destitute!
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@richard-latimer said in Betfair Premium Charge Challenge Commenced 01/08 - Total Investment Since, £199.41 - Current Bank £244.17 (+£8.39 for Dec):
It's the big leagues tomorrow.....Cardiff Met and Barry!
Cancelled.....That's me out tomorrow!
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It's the big leagues tomorrow.....Cardiff Met and Barry!
Trading Spreadsheet linked below
https://www.dropbox.com/scl/fi/3gnk1vku1krkoyfcq37y6/Trading-Bible.xlsx?rlkey=01eqhp8u73s61iy2s814sqfll&dl=0 -
Ok, good day again:
Someone said recently how things can be going great and then they can see something and try as they might they can't unsee it. When the genie is out of the bottle etc....
Well there was nothing I could do about yesterday unless I want to throw out every single loss (would make the data highly unreliable and unrealistic) but having looked again it's the 2nd loss @ 2-1 HT scoreline from only 6 selections in the Eerste. This would very much be a losing proposition.
It's not unreasonable to believe these statistics will correct themselves over time but I've benefitted by being cautious many times and when I ignore red flags I usually regret it.
Also, if a poorly performing league can be rescued by excluding certain scorelines then doesn't it stand to reason a league in good profit could potentially be improved using the same logic?!
Long story short, 2-1 in the Eerste is on the back burner until I have data to show it's profitable which in fairness means another 10 without loss.
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No revisions on todays loss. It was prime fodder and simply lost. It's statistics for you. Not bad luck just statisitics:
I took Villarreal when I realised the only 2 losses in Laliga were at 0-0 although going with my updated plan on outliers I may not do so in same circumstances. Home odds of 2.57 were just outside where I would want them to be.
Braga SHG is good for future as now 4 selections strong in Portuguese Top League. But no actual trade as yet. Will post up for Monday in a bit.
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I've been working through my sheet and made the decision to handle outliers in the same way as I'm now looking at leagues. I want 7 clear winning trades at the beginning or end of each stat/criteria. Hopefully this is the right balance between maximising output and protecting the bank against unknown quantities.
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One thing I've noticed in many leagues is it's not necessarily the league (sometimes it is) but quite possibly the HT score. This may all correct itself over the long term but I doubt it. For example France Ligue 1 with a draw at HT has been an incredibly poor proposition.
So with that in mind as I start getting both more positive and negative results in certain leagues I'm also looking for patterns on where the losses are coming from. A league ruled out seeing another loss can actually be a big positive.
I'm also not going for a huge amount of selections in all leagues now as many of the bigger ones have plenty and a few of the others are moving along nicely. What I figure is, as long as the next loss will still see the league in profit I'll take it (clearly this wouldn't be the case with for example 100 selections and a marginal profit on that league - I'm talking only about leagues with a small amount of data).
The reason I bring all this up is after seeing Villarreal drawing 1-1 @ HT and knowing the overall picture in Laliga was substandard, I took a look at the breakdown. Only 2 losses had come at 0-0 with Real Madrid at home. I had 7 positive results other than this and felt confident enough to lay under 2.5 at what was some very nice odds.
Weekend was a bust but this was a positive.
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Sunday Fare:
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-£4.11 today and bank reduces to £247.88
