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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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Spanish Grand Prix update

22 May 11 15:29
Hi there,

Well got back last night late from my break in the west country. but got some action in some spanish football games. I backed 4 games for over 2.5 goals and 3 won and the other games finished on 2 goals, so all in all made a good profit.


I watched Sebastian Vettel  win the spanish grand prix this afternoon, and what a race with some great racing and strategy in play. Hope you all followed the tip I gave about the race early on in the week.


I'm going to back the over 2.5 goals in the football between Aston Villa v Liverpool @ 1.93 today.




Anyway good luck!
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Hi there,
been good night on the football, watched the Porto game and had a bet on over 2.5 goals on the Huddies v Bournemouth

I waited until about 20 minutes into the match and backed the over 2.5 @ 2.6 when it was 0-0 about a few minutes later the goals started to fly in.

Be back ina couple of days, down to the west country for a break...


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Hi there,

I don't know why but I fancy a multiple on the pony's today

Here are my selections...

Goodwood 18th May - 16:20 Backing: Badeel @ SP 
2 Goodwood 18th May - 15:45 Backing: Dazinski @ SP 
3 Lingfield 18th May - 14:25 Backing: Filun @ SP 
4 Kempton 18th May - 14:45 Backing: Laylas Dancer @ SP 
5 Worcester 18th May - 18:20 Backing: Saras Smile @ SP

I have only backed at a small stake for £5.50

I've done one 5-timer, 4-timers and trebles

Oh by the way the 5-timer I've done each way

Hopefully they all place

wish me luck...


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NBA tonight's game

18 May 11 10:49
Hi there,
Tonight's NBA game

Chicago -2

I just think Chicago have a better all round bench, and they are one of the best defensive teams in the NBA. WE saw this in Game 1 against Miami. With Chicago again tonight.

Anyway good luck!
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Spanish Grand Prix

18 May 11 10:23
Hi there,
Thought I'd post this tip for Spanish Grand Prix this coming Sunday May 22nd

The price currently for Sebastian Vettel to win is just shy of evens @ 1.93
I don't expect this price will last long
I watched the last race and will be watching this race as well this sunday.

Those of you who like a punt I think this is a reasonable bet.http://txodds.com/previews.php?p=formula 1-spain-early bet-betting-preview-160511.html

I agree with the analysis

Take a look here and after reading it make up your mind.

Anyway good luck!
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Last Nght's NBA update

18 May 11 08:35
Hi there,
Well last nights pick was another winner for me to add to my record on the NBA playoffs

MY record is now 10-2 sides 1-1 totals

Stay tuned

gl
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NBA tonight's game

17 May 11 22:55
Hi there,
NBA tonight's game
Dallas -6
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Is it good to go green?

17 May 11 10:22
Hi there,
Last night was good result, but it could have been better. First I backed Swansea to win @1.95 and also over 2.5 @ 2.35

Now after the first goal went in I greened up on both bets and proteced my stake. I have been doing this quite a bit recently, but I sometimes I think it would be better to let things ride.

But by protecting my stake and excepting a smaller profit I limit damage to my bankroll, because what I want is to gradually increase my bankroll with as little risk as possible.

I sometimes think a 30% profit is better with no risk than taking any chances. But I will see if my betting balls get any bigger and in the future take the risk. its still early days and I'm learning as I go, but I won't be risking more than 2-5% on any bet. The most important rule I know about successful sports trading is careful bankroll management.

Any thoughts on this?

I remember the 2008 NFL superbowl, everyone and their granny was on the favorite NEP they had a perfect 18-0 season and their last game against the NY Giants they won by 3 points(38-35). NEP were 12 point favorites for the super bowl. But I backed the Giants because well they were only beaten by 3 points the previous meeting between the two teams. And I figured the Giants would keep it close,if not win straight up. How could you not take the points was my thinking, so I backed the Giants + 12 and also straight up @ around 4-1 that day. the Giants won straight up. My point is there is no such thing as a certainty in sports betting, sure there are times when you think the favorite should win, but when the odds or in this case the spread offers an opportunity you have to take the favorite on.

Anyway good luck!
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Weekly Update

16 May 11 08:39
Hi there,
Been an up and down week with a overall loss of £10.14 for the week

But progress in my challenge is looking good with my bankroll up by £322 since I started the challenge on grand national day, which is about a month ago. I have a target to increase my bankroll by 5% each week, which some weeks I have more than done this. Most profit this last week came from NBA basketball with a small loss on the football. But overall since I started this challenge most profit has been from football and NBA.

My record in the NBA playoffs is pretty good which is 9-2 sides and 1-1 totals


Until the NBA finals finish in June and the football season finishes I will be betting there, and after that well maybe dutching some horse races, we shall have to see.

But what ever I do I will keep my eye on my target and avoid risking no more than 2-5% on any bet.

In the meantime good luck.
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