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Betting results 17 August 08

betting resultsGains for the Premier League Fund and losses for the Championship Fund left a net gain overall for the Trading Fund when the two were put together this weekend. Looking at the historic performance of the Championship Fund shows that a considerable amount of the gains come from a few wins at long odds. This may leave that Fund under water for a considerable time. It could also continue to weigh on the performance of the Trading Fund. This season could therefore see the Premier League Fund shine as it continues to impress.

Turning to individual matches this weekend, Middlesbrough was a large gain increasing the Premier League Fund by over 8%. It was just a shame the final game of the weekend hit the Fund for almost 6% as Newcastle held Man U to a draw. There were no large gains/losses on the Championship which is to be expected as i’m running it on a low risk strategy until it proves itself. Continued

Betting results 11 May 08

betting resultsWell, that’s it; the end of the season. A very profitable one apart from this final week. Whilst there was no financial gain for the Balanced Fund in this last week there was a lot to learn from the divergence in the market’s and model’s odds on the relegation and title games.

Quite simply the Balanced Fund model took no account of the impact of the final week relegation and title battle. Hence it was drawn into betting against Birmingham, Fulham and Reading who fought against relegation. The same went for Everton and Villa who were fighting for the last European place. It also backed Wigan and Bolton against Man U and Chelsea as they fought for the title. In all, 7 matches were influenced by the relegation/title race which the market took account of in it’s odds.  The Balanced Fund lost on 5 of these 7 bets. Continued

Betting results 5 May 08

betting resultsAll funds gained this week with the largest win coming from backing Fulham against Birmingham. The best ROI came from laying Villa at home to Wigan. The Balanced Fund only managed 5 winners from 10 but still gained 4.7%. The Trading and Aggressive Funds gained over 14% and 12% respectively with 8 winning bets from 10 matches.

Although these are good gains in one week they come at a price. The Trading Fund risked more than the value of the Fund in the 10 matches when aggregated compared to an equivalent figure of below 30% for the Balanced Fund. Continued

Betting results 28 April 08

betting resultsNo strange results in this week’s games after all; worth noting after all the hype that comes at this time of year. Birmingham nearly caused an upset - but didn’t. Although Fulham did win away at Man City, this result in itself is not too surprising given the recent form of both teams. Good luck to Sven as he looks like he’ll be moving again at the end of the season.

As for this week’s performance, there was a rare divergence in the performance of the Funds with the Aggressive and Balanced Funds seeing gains whilst the Trading Fund lost out. I’m surprised the Trading Fund didn’t lose more than 3.5% as it only managed 4 out of 10 winning match bets. Continued

Betting results 20 April 08

betting resultsA stellar week of results with all Funds gaining strongly. The Trading Fund performs the best again as it races past 100% growth with a yield of over 8%. The Balanced Fund continues a steady and profitable path with a yield now just shy of 11% and strike rate of 70%.

Continued

Betting results 14 April 08

betting resultsRespectable gains this week across the board as all 3 funds turn a profit. The Balanced Fund continues to impress with low variance in earnings week to week and a yield now standing at 9.49% after 122 bets. It also managed 9 winning match bets out of 10 in this weeks games.

As for the targets, the Aggressive Fund is 115 days behind target; the Balanced Fund 17 days ahead and the Trading Fund 121 days ahead. Continued

Betting results 8 April 08

betting resultsAll 3 funds managed an increase this week. Both the Aggressive and Trading Funds showed strong gains and gained more than budget on the target £1million. The Balanced Fund showed a meagre increase and actually lost ground on the budget and now stands just 11 days ahead of it’s target at this stage. Continued

Betting results 30 March 08

betting resultsThe Newcastle fight-back against Spurs cost me this weekend. Looks like Kev’ means business after all.

The Aggressive Fund stood by it’s name as it lost almost 12% this week, though it did gain 24% for the month of March. This fund is an incarnation of the algorithm which started in September 07. It hasn’t changed much since and I don’t amend it now, I keep it going for the sake of history. I don’t think it will ever get back on target as, in hindsight, it was too structured toward historic results; i.e. ignored ‘what if’ scenarios.
Continued

Betting results 23 March 08

betting results

Another positive week for all 3 funds. The Aggressive Fund made progress in catching it’s target and is now 103 days behind target. The Balanced Fund and Trading Fund are 29 and 86 days ahead of target respectively. The return on staked investment for the Balanced Fund is currently running at 11.2% which reflects the quality of it’s earnings. Unlike the Aggressive Fund which earns more of it’s profits from stronger teams the Balanced Fund earns it’s profits equally across all teams and therefore has a higher yield.
Continued

Betting results 17 March 08

betting results

Plenty of games and good results has given all 3 funds a boost this week. Good to see the Aggressive Fund making ground on target since the overhaul. For now the Trading and Balanced Funds are well ahead of target but they will need a cushion to make up for the lack of games over the summer months.
Continued