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EUR90 Sports Trading Profits in Betfair
Trading - Trading Performance
Tuesday, 11 December 2007 02:54

Since I'm not performing well at poker, I thought to give the whole sports trading thing another go. So, I traded yesterday the UK Horse Racing markets for about 2 hours and made around EUR 90. That is nowhere near my last year's performance and I'm certain there are other betfair traders making ten times that amount. However, I'm still satisfied with the result for the time being and given 2007 hasn't treated me so nicely, I'll be happy to make that money on a steady daily basis.

 

Daily Trading P&L Screenshot

 

Here's the screenshot and some more details about my trading style at the moment.

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EUR220 Trading Profits
Trading - Trading Performance
Tuesday, 11 September 2007 01:23

It's been 3 weeks since I stopped trading the horse racing markets in Betfair. I decided to give it another go yesterday. I don't know if I will trade daily again, but it sure was a nice feeling returning to the trading scene!

 

Daily Sports Trading P&L Screenshot

 

I have also looked into my betting strategy once more, since the database is quite big for evaluation and testing. That resulted to a modified betting method which I have applied since Saturday with rather good results.

 

Sports Betting new method performs well
 
Here are the detailed screenshots...

 

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EUR315 Trading Profits
Trading - Trading Performance
Thursday, 23 August 2007 01:23

That was a good day for my trading. It was done easily and quietly with no big wins or losses. While I traded and played poker at the same time, my performance was not influenced at all and that is an improvement for my standards. I did also very good in poker but sports betting lost for another day. I'm really looking forward to being a very good poker player and abandon my betting but not trading. Trading fixed odds in Betfair was, is and will be invaluable to me since it got me where I stand today (ok, blackjack really got me off with my initial bankroll of EUR1,500, but I prefer trading thousand times more than playing in a casino).

 

Daily Trading P&L Screenshot

 

Here are the screenshots you are looking for... 

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Lost EUR90 in Trading, EUR1,500 in Betting
Trading - Trading Performance
Tuesday, 21 August 2007 01:32

The one thing you will probably notice is that I didn't start trading on time but rather more than an hour later. The reason was that it was a very good day in poker yesterday, and specifically in multitable tournaments. I reached the final table in 4 tournaments while cashed in 6! However, they weren't expensive tournaments ($2-10 buy-ins) so didn't make a lot. However, I continued playing while I traded the horse racing markets and we all know that this is not a good thing.

 

Daily Trading P&L Screenshot

 

Sports betting did really bad. Let's see yesterday's trading screenshot...

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Trading and Betting in the Weekend
Trading - Trading Performance
Monday, 20 August 2007 01:12

That was a not so exciting weekend. I didn't trade at all on Sunday, although there were some races with good liquidity but I traded the whole day on Saturday. The result was to break even for the day, while sports betting lost but won double that amount on Sunday.

 

Daily Trading P&L Screenshot

 

Here are the screenshots...

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Ups and Downs in Sports Trading
Trading - Trading Performance
Saturday, 18 August 2007 03:25

This is getting ridiculous. While I'm certain that there is money to be made in horse racing, I keep making the same mistakes over and over again. I start really well, building up my confidence, then fire up a poker tournament or two, and think "hey, why not keep an eye on my stocks?". Hell, why not read a forum at the same time?

 

Great, now give all the winnings back, lose the poker tournaments, and close the forum since you are not in the mood anymore to read and learn from the posts. Another afternoon is lost, good work! Oh yes, I'm very angry with myself, making about EUR300 in less than 2 hours and finally break even! I promised to myself I won't do that again, ever! I suggest you do the same, if you suffer from the same... addiction!

 

Daily Trading P&L Screenshot

 

Here are the screenshots, note that the largest amounts are losses...

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EUR920 Trading Losses
Trading - Trading Performance
Wednesday, 15 August 2007 02:27

Yesterday was a very bad day for me both in trading and sports betting. I really traded hopelessly and was taking big hits in every horse race. I am winning around EUR700 in mid-August and once again I begin to wonder if all these are trully worth the trouble and time.

 

Daily Trading P&L Screenshot

 

Here is the disappointing screenshot in detail... 

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Losing Big, Recovering and Winning EUR500
Trading - Trading Performance
Tuesday, 14 August 2007 01:25

What a day! It should be named the day almost every favorite's odds drifted hugely! I mean going from 3.00 to 7.00, from 2.50 to 6.0 and even higher! Those were plenty of chances to make some serious profits or lose big. Well, I couldn't resist the temptation and put myself on a test whether I could turn it around or not. Just kidding, I just happened to lose EUR550 in the fifth race I traded and I was facing a devastating day. However I managed to take it all back and win more!

 

Daily Trading P&L Screenshot

 

Let's see the race I lost along with some comments and take a look at the detailed screenshots with my performance for the day...

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EUR110 Sunday Profits
Trading - Trading Performance
Monday, 13 August 2007 01:36

Sports trading started quite well yesterday, given it was Sunday and liquidity is always a problem. Then things went a little bad and I was quite lucky to end up with a profit, since I won EUR200 on the last race. Sports betting won some euros for a change! 

 

Daily Trading P&L Screenshot

 

Here is the screenshot in detail... 

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EUR100 Trading Profits
Trading - Trading Performance
Sunday, 12 August 2007 03:33

Saturday was a rather mediocre day for my trading.At one point I was up about EUR450 but finally gave it almost all back towards the end. I didn't trade the evening races due to low liquidity but mainly because I was disappointed with my latest performance, losing EUR350 in only 2 races. Sports betting lost big time again and I begin to worry

Daily Trading P&L Screenshot

 

I played some poker yesterday. Here is the performance for the day

Here is the detailed screenshot... 

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Who is Jimmakos

Jimmakos.comMy name is Jimmakos and I am a professional gambler since 2003. I played at the casinos' blackjack tables for a year and during the following 2.5 years I have been a Betfair trader trading the odds in the UK Horse Racing markets. Nowadays I'm playing online poker. Apart from online gambling, I also write about online poker and trading for the Betfair's Greek Blog and own various websites.

 

Read more at my about page.

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