Bulls pay off

Posted by admin
December 30, 2008

Odds on the Chicago Bulls to beat the New Jersey Nets went from 3.5 to 1.08 in three minutes of the final quarter tonight on the match odds market on Betfair. In the three minutes the Bulls went on a 13-0 run. Chicago went on to win the basketball game 100-87. Below you can see how I traded on Betfair.

Betfair trading, Betting Exchange, NBA

If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

Comments
Comment by Mario on January 2, 2009 @ 3:13 pm

Is it possible to see your bets? I couldnt see anything from this picture…

Comment by admin on January 2, 2009 @ 6:46 pm

Mario,

Any pictures you can click on them to make them larger.

I made lots of bets during the game, this is a sample of some of them that I made

2008-12-29
21:58 6892745433 2008-12-29
21:36 Fixtures 29 December Chicago @ New Jersey / Match Odds / New Jersey Nets
Lay 1.70 12.65 Won 12.65 59,043.17
2008-12-29
21:58 6892747734 2008-12-29
21:40 Fixtures 29 December Chicago @ New Jersey / Match Odds / Chicago Bulls
Back 2.02 190.00 Won 194.50 59,034.99
2008-12-29
21:58 6892747199 2008-12-29
21:39 Fixtures 29 December Chicago @ New Jersey / Match Odds / Chicago Bulls
Lay 2.02 188.00 Lost (191.70) 58,840.49
2008-12-29
21:58 6892745523 2008-12-29
21:36 Fixtures 29 December Chicago @ New Jersey / Match Odds / Chicago Bulls
Lay 2.22 9.00 Lost (10.98) 59,032.19

I will keep in mind that you and likely others would like to see some of the bets that I’ve made. On markets where I havent made as many bets I will show the bets I have made. Some markets I may make up to 100 bets.

Comment by Mario on January 3, 2009 @ 3:29 am

you have some strategy or every game is different approach?

P.S. nice bankroll…. :wink:

Comment by admin on January 3, 2009 @ 3:43 am

Generally my approach is the same with each game, to back bets that I feel are above value and lay them at what I think is value. Sometimes the markets I play aren’t liquid enough to get a good price so I hang onto bets longer or til the end of the game.

I’ve gradually been risking more since I’ve started and that has a lot to do with my bankroll growing and having confidence in myself. A big loss is always humbling however.

This is the highest I’ve had my bankroll, before I was making a withdrawl every $8000 I earned and investing it in the stock market. Obviously that wasn’t such a good idea so it has been scrapped for now.

Leave a comment

(required)

(required)