Best Day Football Trading So Far 23/03/2012

Best Day Football Trading So Far 23/03/2012

It’s late evening / just gone midnight and Saturday is now upon us… Just!

I’m doing this update because Friday 23rd of March 2012 was so far my best day Football Trading by a country mile. Not including the luck on the horses I had during Cheltenham week, which I posted about here; which doesn’t really count as that was down to pure luck on the horses after placing an accumulator on a few tips I’d heard about.

Today I really felt in the zone trading wise. I was doing what I always talk about doing – trading not gambling on the football, looking for 5% of my stake on each trade and exiting as soon as I had it and / or getting out within 5 minutes of entering the trade if the 5% didn’t materialise.

I started the day very badly indeed. I usually include an image in my posts with my current BetFair balance included in it – either direct cut from BetFair or via The Geeks Toy, so I can’t be accused of fibbing.

My BetFair football trading bank balance at the start of the day was £192.56 and the first two trades of the day resulted in losses. I usually trade with stakes of 10% or £10. When you lose and only have a small starting BetFair trading balance, it really hurts!

I thought the day was going to be one of those days… I sat in front of my computer and was between trades, so decided to flick through my rapidly growing old Sports Trading Log‘s, to see if there was something I was doing today that was different and maybe causing the problem.

It was then that I discovered after reading a few really early sports trading logs a strategy that I was using back at the beginning of February 2012. I realised that I hadn’t given this strategy a fair crack of the whip and even worse, hadn’t been using a decent staking plan, so the profits (and potential losses) didn’t make much sense when reading through it.

I decided to give this strategy another go today and blow me, I couldn’t seem to miss! I started trading with £5 stakes as I was unsure about it – I had after all abandoned it back in February and had a niggling feeling as to the reason why. But by my last trade a few moments ago, I had scaled up to £30 stakes in the space of a few hours…

Take a look at the image to the left and you’ll see my BetFair account and The Geek’s Toy interface with time/date and BetFair trading balance.

If you click the image it will open up much larger in a window- but don’t forget to click back on your browser to come back to this post! 

You will also see a list of trades from the last couple of hours of today’s trading. I managed to clock up 74 Football Trades in total today… Wowser!

I also on top of the Football Trading had a small amount of success today with two £1 each way accumulators on the horses.

Unfortunately one horse in each accumulator let me down and came second, which is a shame as the payout on the win side of the accumulator would have been fab! But it added another few quid to my BetFair trading balance by doing the same thing I usually do day in and day out on the gee-gees, as I know completely nothing about horse racing!

When messing around with the horse races I usually only bet on accumulators. I go to the multiples section of BetFair, pick Horses and then pick GB. I then go through the meetings and look at the top three horses in each race. If the horse stands out to me for whatever reason above the other two, I add it to my multiple – that’s about it, no science, checking chicken gizzards, which way the wind is blowing or anything like that!

I have used this accumulator method for a while and I seem to get a fair return. A mate told me that I’d be better sticking the £2 on win, instead of splitting it like I do and putting a pound on win and a pound on each way. But I seem to generally at least get my stake back and this bet is just a bit of fun for me.

Anyway, back to the Football Trading… I started Friday the 23rd of March 2012 with a BetFair trading balance of £192.56 and ended it with £428.62! A whopping profit of £236.06… Don’t tell the wife, she’ll want another cut!

I shall obviously be carrying on with the football trading strategy that I have used today and add it to my list of potential trades for each match I look at. Of course it may just have been luck today that the criteria for this strategy was met on a large number of matches; but I’ll keep you posted and fingers crossed that this one is the ‘golden goose’!

Best Day Football Trading So Far 23/03/2012