Monday, 2 May 2011

End of April Update

Last week I reported a very profitable week, this week I'm afraid I've got a weekly loss of £685.76 to contend with. Mainly due to the fact that a few of my higher staking systems had losing selections, this can sway the results somewhat.

The monthly result in the meantime came to a disappointing loss of £294.23 for the month of April, although that includes my realisation of some long-term bets that ended up a bit wide of the mark. Third losing month on the bounce is not what I wanted, April was a bit of a mixed bag with one really good week (last week) and one really bad week (this week). Really thought I'd end this month in profit but it wasn't to be. My overall cumulative loss for the year is now close to £1,300, I mentioned dropping a few non-working systems and that I have done. Believe it or not all but one of the systems I currently operate are actually showing a profit. My football bets don't seem to be getting anywhere to be honest, I much prefer to trade on football for some reason.

One bright note this month has actually been the aforementioned football trading, I was quite surprised to see my Betfair P/L for football, I did have one big winner (which was directly before the Rory incident) but still the figure is quite impressive really especially since my bank was very tiny and below the £20 mark for the majority of the month. I'd be quite happy to turn over a £150 profit a month at present to be honest, although that's not likely right now with such a small bank. But I'll continue to build up and learn slowly along the away and hopefully not make any stupid mistakes like the one which spoils this P/L.

Betfair April P/L

Onwards and upwards for the remainder of the year I guess. Got lots of (important) exams going up over the next few weeks, so I don't think I'll have any time for any midweek topical posts I'm afraid. I shall however continue with the weekly updates, I'll try and get back into the habit of Sunday nights rather than Monday mornings also. Should really be revising right now to be honest, I blame the enthralling snooker for my lack of revision thus far.

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