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Date Joined: 09 Apr 11
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Challenge 500

Weekly Update

23 May 11 10:53
Hi there,

It's been a good week with a £73 increase in my bankroll from £322 to £395 for the last week.I made a profit in all sports I backed including football,NBA,Motor Sport and Horse racing. Most profit came from football followed by NBA basketball. I only had one bet on Motor sport and horse racing and both bets won.

I've been carefull with my bankroll by only risking around 2-5% on any bet. My target each week is to gain 5% of my bankroll each week which I have done more than this some weeks. Since my challenge started I have been carefull with bank management as I know its the only way to make progress.

For example, I have won on all 10 horse races by dutching a technique I use all the time since starting the challenge.

My NBA record is still very good with 11-3 sides and 1-1 totals

On football I sometimes back a team to win, but here you have 3 possible outcomes - win,lose,draw, so most bets I make are on the 2.5 goals market.

I have made a few multiples over the past weeks and I know people will say they are mug bets, and I would agree, but I like to occasionally have a go. I have been quite lucky in the past with these type of plays and I only do them with very small stakes compared to my bank.

Well until the NBA final in June I will be betting there and maybe other world football leagues, but I will be keeping an eye on my target which is to increase my bankroll by 5% or more eack week.

Anyway good luck!
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