Two steps forward, one step back.

If you’ve read the most recent Bet Diary posts you would be aware that the previous couple of weeks had seen solid returns and an upward curve in the profit and loss line, meaning that some momentum had been found after a largely frustrating first couple of months of the year.  As betting is wont to do however, those couple of steps forward were followed last week by a step back, leaving the overall ROI for the year at 6.6%.  The target is 10%.

Having brought all the figures up to date to the end of March, it was interesting to see where we are in terms of being on target for annual growth and returns.  In a nutshell, I aim to double the overall betting bank over a 12 month period using the services and strategies I follow now, and an ROI of 10% on the level of turnover I anticipate, should mean that double your money target is one within reach.

Keep this in mind when I say then, that after Quarter 1 of 2024 the ROI is at 66%of where I would hope it would be across the long term.  The profit made to date is now at 15% of the annual target, ie. 15% bank growth towards an overall target of 100%.  15% x four quarters = 60%.  So, behind target (although one quarter is no real length of time at all to use to judge) but a remarkably close (I think, anyway) correlation between ROI and ROC – ROI at 66% v target, ROC at 60%.

As for turnover, I’m at just over 80% of what I would have liked it to have been at this stage, and this is something I feel I need to be aware of and prepared to make some slight adjustments for moving forward.  A contributory factor to this falling short has been the relative dearth of DD/HH opportunities.  We knew this was going to happen when BetFred went from offering the concession in shops on all English Premier League matches and all Champions’ League games, to a selected few.  So take this evening for example.  There are three EPL matches being played, but pre-match DD/HH available on only one of them.  Last season, all three would have DD/HH on offer.

This is just one example.  There are others that have had an impact on turnover.  The number of Lucky 15s I’ve been able to place has dropped a little from last year’s levels.  I don’t think this is a trend, just a reflection of the ebb and flow we experience, but it does explain why turnover has been down a bit through the early months of the year.  We just need to keep an eye on things through the next three months and then take a view for the second half of 2024.

Betting 2024

Account Angel: Staked 1,490pts, -52.02pts. ROI -3.49%

Bookie Bashing Early Pay Out Tracker: Staked 4,665pts, +642pts, ROI 13.76%, ROC 42.8%

Bookie Bashing Golf Tracker/Weekly Golf Value: Staked 2,315pts, -10.49pts, ROI: -0.45%, ROC: -0.69%

Golf (Win Only): Staked 217pts, -217pts, ROI -100%, ROC -21.7%

Bookie Bashing Racing Tracker (Lucky 15s): Staked 3,780pts, -221.18pts, ROI: -5.85%, ROC: -14.74%.

Bookie Bashing Value Bets Tracker: Staked 2,134pts, +410.23pts, ROI: 19.22%, ROC: 41.02%

DD/HH: Staked 540.5pts, -169.5pts, ROI: -31.35%, ROC: -16.95%.

Golf Betting Club: Staked 879pts, +204.12pts, ROI 23.22%, ROC 14.58%

NFL strategy: Staked 94.5pts, +95.45pts, ROI: 101%, ROC: 9.54%

Sys Analyst: Staked 1,487.55pts, +417.20pts, ROI: 28.04%, ROC: 41.72%

Touchdown Profit: Staked 120pts, +75.44pts, ROI: 62.86%, ROC: 7.54%

TOTAL ROI: 6.62%



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