I Lost £5 I Won £5, that's just how it goes.

Gambling Challenge £55.24 - 9.5% ROI

I put £5 on Barca to beat Chelsea and Luton to beat Gateshead (how much further away from each outer could those two games be!!) anyway, Barca did me an injustice but being next to useless. The late equaliser from Torres meant the bet went out the window. so £5 down.
Whilst I was trading I noticed a good bet for this challenge during some Serie A games. I put £1.64 on Juve to beat Cesena, Milan to beat Genoa and Inter to beat Udinese. All of which came in so I netted £6.86 making a nice £5.22 profit.

Looking ahead to the weekends game I've decided to pick the following bet. I'm effectivly going on team I don't think will get a win and betting against them.

Swansea v Wolves - Swansea win @ 4/7

West Brom v Aston Villa - West Brom win @ 11/10

Tottenham v Blackburn - Tottenham win @ 2/5

They are all home wins which hopefully will go in my favor. £2 bet will return £9.24 if it comes in. 

Trading Challenge £69 - 38% ROI


Made a few trades over the last couple of days... to many to list individually. Again I'm only doing it with small amounts.


A highlight is a strategy suggested to me by Robbo over at www.thesportstradingacademy.com called Goals Galore. I won't go into details as it would be worth joining just to find it out. I only played it with half stakes but still came away with a nice £10.50 profit. The game involved Haken v IFK Gotenborg and required there to be goals in the game for a decent return. Stakes were placed pre KO and during once a specific event happened.

A low light is the Barcelona v Chelsea game. When the red card happened I traded out for a loss of £7.84 across all bets. I had CS on for this and none of them 2-2 so selling them on was a good move!

I had a couple of decent LTD (lay the draw) results, Shinnik v Ural and Milan v Fenoa which keeps up my trend of LTD having the best return so far (110%)

Not sure what I'll be putting on coming up but I expect it will be something.

Progress Graphs

Epic Fail!!

My little test was indeed an epic fail.

ManU vs Villa I came up 50p in the red
Sunderland vs Wolves I was £3 in the red
Norwich vs Man City I was £1.14 in the green

So a total loss of  £3.36

Had Wolves or Sunderland nicked a goal I would have been in a good place. It also goes to show that it's not worth it with odds so short, such as Uniteds.
I made a fundamental mistake when working out the returns on the bets and not taking into account the cost of putting the bet on! school boy error 

Current status for my betting £50 challenge.
Balance    £60.02
P/L    £10.02
P/L %    20%
Won    £72.09
Lost    £62.07


I had a go at some sports trading with the Chelsea vs Spurs game. Laying off Chelsea for the win at 0-1 with a liability of £5.30
When Spurs scored to make it 1-2 I had the chance to cash out at a loss of 14p but stayed in for the education. I ended up losing it all but I learnt something so it wasn't a complete loss.
 I'm going to take that from my £50 Trading pot... so I'm at £44.70 for my Buy/Sell
I've had a good chat with Fed (check his blog out) around what I did and why it happened so I have a rough idea going into my next trading adventure what I want to do and when I should pull out.

All betting odds are paddypower.com and all trading are betfair.com

A few Premiership games on tonight... a few 'bankers' in there in my opinion so it would be rude not to have a punt on them.

I've put £5 down on a triple accumulator which will return £13 if it comes in.

Prem- Wolves v Arsenal, Arsenal win @ 4/9 Prem - Wigan v Man U, United win @ 2/5 Prem - Man City v West Brom, City win @ 2/7

I might also use one of these games for my test on football trading. Fed's blog has some good info on it which I'm looking to have a go at.