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Week Ending 18th June 2006, Week 10

Posted by Aegist on June 19th, 2006

Opening Balance = $2,950.01
Bookmakers funded = 8
Bookmakers Used = 7
Number of Trades = 14 (1 cancelled, 1 pending)
Profit = $83.96, 2.85%
Closing Balance = $3,033.97
Logged Time = 60 hours

This started out as great week with our first trade being $40 in profit, and it continued on as a great week until I managed to miss the second set of odds on a trade and ended up losing $7 on a trade So we would have had $90 profit this week if it wasn’t for that, which is a bit of a shame.

Similar to previous weeks I got nearly all tennis arbs (12 of 14) with the first big arb being Baseball and the last arb on World Cup. Strangely enough nearly all of the arbs came on the first few days of the week with virtually no arbs over the weekend again. I used to think that the arbs were supposed to come on the weekend and not in the early days of the week, so these results are obviously challenging my previous ideas…

This week saw a big milestone too btw….incase you didn’t notice. We broke $3,000 in our bankroll. Woo Hoo. I want to get to $4,000 in 12 weeks. So there is the goal: $4000 by week 22. It’s a big goal…. It is going to be a stretch and require some luck, but hopefully having the goal will help it come together!

See you all next week…

Shane

Further Stats:
Favourites won 10 of 12 arbs
Average arb percentage = 1.5%
Average Profit actually taken = 1.68%
Average Trade amount = $386.34

%Profit Per week average = 1.82%
Profit per week average = $50.05

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