I would like to start a diary about professional sport trading on this forum.
First of all, my number one reason for starting this diary is mainly personal motivation; imagine talking to a random friend in a small town about full time betting with a 100k. Even I would make a bet that that person would think that at best, that you’re crazy. As those kind of people really make me sick, I created this topic where I can track myself and hopefully get some understanding of what I can do.
Now the important part for dummies:
Please do NOT bet. Ever. You will not make a long term profit on most of the bookies because of their odds. Even if you actually do, they will ban your account. YOU WILL FAIL.
The only way you can beat the bookies long term is if you manage to make a better analysis of the probabilities in Asian markets than the bookie itself. That is the reason most of the bookies will get rid of you if they detect that.
There are a few bookies which will have probably no issues with this: Pinnacle, 3ET, Maxbet, SBO. The reason they let us do that is because these bookmakers try to earn money on large volume and low margins rather than on idiots.
Even if I manage to make profits, you should NEVER do something like this on your own, neither any kind of gambling at all. I do not want and will not make anybody a gambler.
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Remember, I’m not alone in this, I DO NOT HAVE THE 100K, I’m doing this on paper. I will never sell nor send you any picks or subscriptions. Period.
THE PLAN
THEORY
100,000 GBP starting bankroll.
30,000 GBP upkeep of a small team and an office for 6 months.
Total investment: 130,000 GBP.
Sports: Soccer and Tennis.
Stakes: variable
PICKS
Each time I post the summary of the (previous) day, you will see a code in the end of post that looks like gibberish. That code contains the picks, which I will not reveal. Maybe I will show to a mod after the 6 months.
QUESTIONS
Any questions and suggestions are welcome and appreciated.
A few answers right now:
- No, I will never sell you my picks neither allow you to gamble.
- No, you should not bet on these bookmakers.
- Only a scammer would give you picks like these for free.
- I may change the updates from daily to weekly at some point.
- Maybe I am a fraudster making up all the picks and posting fake results.
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Day 1: 2019-03-26
Number of trades: 20
P/L = -3388 GBP
Bank: 96612 GBP
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I see you stopped the topic, a shame it was interesting.
Something clearly wrong though, it's not possible to bet with a 100k bankroll unless you go for single bets of circa 1k value. But for instance if you place a bet on a relatively small tennis market, and that your stake is 2k, it won't be matched entirely at a fixed odds, you will have to place several bets to get your full 2k matched.
I hope you can come back to this thread to explain the logic. Did you use Pinnacle API for your experiment?
If you used Oddsportal for instance then your data is not very reliable. Oddsportal does not always display the correct odds for each sportsbook and I don't think you can see the volume available on each selection...