Season 2017-2018 Week 3 Results 1W-2L-0P | - 1.160 units Loss

in #money7 years ago (edited)


updown.jpg
There was some regression to the mean this week going 1W-2L on the posted bets. High win rates rarely to never last in this game of sports betting, the handicap lines are too tight for that. Just beating them in the long run is what it will always be about and so far we are doing quite good on the bets so far.

Shared Bets Week 3

11/08/2017 Zulte-Waregem Over 2.5 @ 1.84 FT 1-2 WON +0.840

12/08/2017 Lokeren 1ST HALF -0.25 @ 2.07 HT 0-1 LOST -1.000
13/08/2017 Anderlecht -0.25 @ 1.840 FT 2-0 LOST -1.00

Week 3 Results: 3 Bets | 1W-2L-0P | -1.160 units Loss
Week 2 Results: 4 Bets | 3W-1L-0P | +1.843 units Profit
Week 1 Results: 3 Bets | 3W-0L-0P | +2.801 units Profit

Season 2017-2018 Steemit Results

10 Bets | 7W-3L-0P | +3.484 units Profit | +34.84% ROI


Personal Betting Results After Week 3

I gave some back in the 3th week of the season, but I'm still above the expected profit line which will always be my main concern. Always evaluate the bets themselves and not worry or care too much about the results. This is absolute a key factor when you want to be profitable in the long run. I explained it in last weeks article which adressed the difference between being Outcome Dependant vs Results oriented.
Betting Graph week 3.jpg

Week 3 Results 26 Bets | 11W-12L-3P | Staked 4.582€ | -861€ Loss

Week 2 Results 21 Bets | 12W-08L-1P | Staked 3.787€ | +714€ Profit
Week 1 Results 29 Bets | 15W-13L-1P | Staked 4.903€ | +1.091€ Profit

Season 2017-2018 Results

76 Bets | 38W-33L-5P | Staked 13.272€ | +944€ Profit | +7.12% ROI


Next Week On Steemit

After using steemit for 3 weeks I still see a lot of potential for this platform as a host for the betting community and it is my intention to spread this more in various ways.

  • I will keep posting my bets even though right now there does not seem to be much interest for them. I'm quite confident that they are solid in the long run and it might be a big selling point for people in the betting community to try steemit out.
  • I will make a post with results from the first 10 bets as a reference point in future post. Yes I like to keep close track of results and think it is very important to do as a sports bettor.
  • I will Power Up my steemit account some more. Right now I'm at 223 Steem Power and intend to get this to around 500.
  • I will also continue to make the weekly Jupiler League Roundup as it helps me to keep focus on the league.
  • The England Premier League Contest had 6 contestants. I will make a winners post, payout the prize money and start a new contest for next week's matches.
  • Articles seem to score good on steemit so I will focus more on those. I intend to make a big article on how steemit can make sports bettors money and spread it around in the betting community. I will also make an article on the current betting landscape on steemit and review some of the betting related accounts on steemit. (If you are having one and are reading this leave a comment and I'll have a look)

Suggestion are always welcome in the comments !

Sort:  

Hi I really enjoy these posts . I think you might to explain some of the terms and layout of the bets to make it more clearer. For exmaple what does ROI mean ?
This layout can be quite confusing at first glance
11/08/2017 Zulte-Waregem Over 2.5 @ 1.84 FT 1-2 WON +0.840.
Just my opinion but keep going I like it

Thanks for the feedback stickchumpion !

ROI = Return On Investment
The bets I post on Steemit will always have a flat 1 unit stake size. So far 10 bets have been posted.
10 units have been invested and +3.484 units profit has been made from this investment so ROI is +34.84%

I removed the ROI from weekly results as it's pretty much useless, the aim for the long run is to do better then +3.25% ROI which is actually pretty solid on the asian markets who allow big stakes.

The layout is the shrunk down version of all the important information about a bet.
Date | Team + Bet handicap | odds | Result | WON/LOST |Profit-loss

11/08/2017 = was date of the match. (to make sure it's the right match)
Zulte-Waregem = Name of the team bet is placed on
Over 2.5 = the bet itself and the handicap (match Zulte-Waregem needs 3 or more goals to win the bet)
@ 1.84 = the odds this bet was placed at.
FT 1-2 = Finai Time 1-2 which is the result of the match
WON = Bet WON
+0.84< = 1 unit flat was stakes @ 1.84 odds and bet won so profit is +0.840 units

I hope this makes things more clear for you !

That is abolutely perfect . I think you should make a post with all this info on it and then link that post in future bets or put it at the bottom as a template. Will be putting up my betting predictor results soon

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.031
BTC 59370.83
ETH 2591.60
USDT 1.00
SBD 2.46