.. but I’m not crying .. unless it’s with disbelief.. I still can’t report the true figures…
did the Bingo loophole work or didn’t it?
Well it more than did, and still is..
sometime in the wee small hours of Sunday Morning I remember reading a fairly innocent post, with a link to a Bingo Bonus (ab)using site.. I’ve always known it was probably in my karma to have to play bingo but little did I know what that teeny little click was to mean..
When investing, a good portfolio manager will ask you about your “attitude to risk”, with Sports Investing of any kind of investing it’s perhaps more pertinent to ask what a person’s “attitude to loss” is. With any investment there will always be losses, shares can go down as well as up!
I started this wee project on 11/07/12 with a “float” of £350 – I have since “repaid” that float back to whence it came and the figure I present to you today of £1915 is pure profit that is an ROI, in 8 months, of nearly 550% – I have no doubts – this percentage return will not scale
I’ve also re-analyzed the bets I’ve made since August to see what would’ve happened if I didn’t lay them off at all – not risk free!! … interestingly enough this re-analysis showed that I would have made £250 more over the offers I’ve bet on – which is about 33% up on what I have made
It’s been a week and it’s been more than I could have hoped for! my 1st target of £2k is within tasting distance ..
Last week I left you with “taking a punt”, but not really, as my investment was always gonna win something
So to kick off I’ve done the first freebet this evening and I’ve underlaid it, it’s for a match tomorrow and it’s also a “refund on lose” offer so I hope I’ve counted the right way! Any profits will not show up until next report but as I’ve mentioned this underlaying tactic before I may report on it as side post all on it’s own by way of explaining, to myself as well as any readers why I think, or not, that underlaying has it’s merits.
Profit: £160 – I was really surprised to get the same offer twice in 2 weeks but I wasn’t gonna pass them up. There is only 1 type of Bingo offer that is Risk Free and it doesn’t appear that often, or so I thought.
Yippee!! wasn’t going to do an End of Year report , but just a quick post as I not only reached my mini target of £1500 I smashed it – with £88 in 1 x week! ….. “if they won I got nearly twice the profit I would have done.. this technique is called “underlaying”. It paid off for me on both occasions, which is also lucky!”