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Monthly Sports Arbitrage Trading Log, August

Posted by Aegist on September 7th, 2006

August, Month 6
Opening Balance = $3,186.93
Bookmakers funded = 9
Bookmakers Used = 8
Number of Trades = 12
Profit = $181.74, 5.70%
Closing Balance = $3,368.67
Logged Time = Very Minimal

As a first installment for the “Monthly” summaries, this is clearly a low percentage. The reason for the low return is the 20 days or so of not trading due to internet upgrading and sorting out network issues. So looking at our trading log, we have a trade on 3 August, then the next trade is on the 20th August, clearly not  a normal month. Virtually all of the profit this month came from the last 10 days of the month. One of the arbs was actually cancelled, so in the end there were only 11 profitable trades.

Further Stats:
Favourites won 9 of 11 arbs
Average arb percentage = 1.62%
Average Profit actually taken = 1.80%
Average Trade amount = $504
%Profit Per month average = 5.70%
Profit per month average = $181.74

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