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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