Posts Tagged "lottery"

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: Look after the pennies and the pounds look after themselves

Trading a lot, pennies make pounds

But there’s a gotcha, I don’t know If I’ll reach this target so I’m setting myself another goal and that is to not make a loss on the qualifying trades. It would normally be expected to make a few pennies loss on each qualifying trade, but worth it because the prize is greater than the loss, however in this case because I’m not sure I can turnover enough to reach the target, I’m making it harder for myself and using it to practice research skills.