During the last few weeks I did not write that much about my trading in detail. The month is almost over, so I will take the time to give you an update how I was doing.
Here is an overview of this months result sorted by sport:
American Football: €27.14
I am investing some money in the free selections of Stock Lemon. There are some good free tipsters outside, so why do not participate?
Horse Racing: €15.35
That’s the profit of my horse lay selections. Not much profit, but still a profit. This month I hade just a few selections.
Motor Sport: €42.14
Trading Formula 1 races is working really well for me. I am discovering more and more markets of this sport. There is so much value on it. Fantastic!
During the last few months I struggled a little when trading tennis matches. I think it was a good example of over trading and taking too early too much risk. I tried to be successful in every match. But that is not possible. Losing money in some markets is not the problem. It is not about making profit in as much markets as you can. You just need to cover your losses with your winnings.
Total P&L: €123.70
A good result for me. It shows me that I am on the right track with my new view of trading.
I spent my time not only on trading on sports events. I also did some work on the betting bot front. I already created a bot for another bot for laying horses. Therefore I am also using websites like Timeform. Today I found an interesting race from yesterday:
Amenable won with a BSP of 320!! Amazing! The favourite traded in play at 1.06 and lost.
The bot is doing the selections automatically based on certain criteria, but at the moment I am doing the summary of every single race manually via Timeform. The bot selected more than 1000 horses to lay during the last 3 or 4 weeks, so you guess it also lays at higher odds. Therefore I need to collect more data, to see if it might be profitable or not.
I also worked on my Betfair API framework which is in a good progress. Everything is working fine at the moment, but it is a lot of work.
I will keep you updated!