Tuesday 20 January 2009

19th January

Started trading the Tennis and didnt do too well - the Hantuchova v Dellacqu was the cause of the losses and it as being fairly certain that Hantuchova would win but not completely convinced and trading at the death of the match made me think yes She'll win to oh my how did she lose that point etc... So in future I am taking a vow not to bet at the death of a match. Federer - I bet on a 3-0 set win and then trading out when he won the first set.

In future I think tennis will be about taking a view on a match and sticking with it until proven correct or trading out for as small a loss as possible but allow the tennis player to prove themselves.

Football.

Yesterday I think I mentioned about getting through tough games and taking the profits on the easier games. Oman v Indonesia was the 0-0 easy match that made up the bulk of the profits for the day. It is interesting to note that in this game my stake (now up to 188) and not very liquid markets meant that I could move the market to the next level i.e. take out bets of £50 £60 and £70 on three different ticks in one go and then laying at a few ticks below and their was enough money in the market for the lay bets to get filled within a minute or two - the beauty of this, is that the lay price is several ticks from the lowest price I took and I get the benefits of getting profits from three different prices. The Oman match provided £61ish profits.

Kaiserslautern v B Munich was a friendly match and it appeared to me that not much tackling was going to take place so I left the match early after taking £11 profit.

Yeovil v Leicester - not a great match with Yeovil lasting out to after half time to concede - I left the match in favour to look at the Liverpool v Everton match which as playing at the same time. £3 profit.

Liverpool v Everton - Merseyside Derby with not much blood and thunder but just two good defences nullifying the attacking prowess of the other sides. Quite good trading conditions but fraught with danger as Everton need the points to get a European place next year and Liverpool needing to win to go back to the top of the division. £17 profit was the result and 1-1 the scoreline. They do it all again on Sunday in the FA Cup which is being shown live on the tv.

Results:

£77.76 - 6.2% profit and a new stake size of £200 to use tomorrow.

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