The Fund took a massive hit due to Man Utd’s shocking defeat at the hands of local rivals Man City.  I will post something on this later in the week as I incoporate the result and its significance into the algorithm model.

The betting Fund now has a loss to date of -7% since the Fund started on 29 September 07. The Fund is now behind in its target bid for £1million after 5 years - see progress here.

PERFORMANCE OF ALGORITHM BETTING BARCLAYS PREMIER LEAGUE FUND:

(Fund is value betting, % stakes and began 29/9/07)

Weekly movement in fund: -69.65%

Days ahead/(behind) target: -135 days

Winning weeks (number of weeks showing gains/ total number of weeks since fund started): 14/18

% increase since the fund started: -7.35%

Risk (max weekly gain/max weekly loss, insufficient data for standard deviations):+49.6%/-69.65%