Archive for February, 2013

image: scales

Matched Betting ROI – Return on Investment

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

image: profit analysis

Could I have made more money underlaying?

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

image: Nearly there

1st Target is sooo Close

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

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Hiatus is over, making money again!

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.