Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

€200 to €10,000 Betting Log (Division)

Options
  • 25-11-2016 2:09pm
    #1
    Registered Users Posts: 501 ✭✭✭


    I will have a bit of fun with a betting log where I will attempt to turn €200 into €10,000 by the end of the current football season which ends with the Champions League Final on 3rd June.

    Each round of bets will be the same where I will choose 3 bets and stake 100% of the current bankroll amount across the bets in a way that each payout will be equal to the others.

    Bets will be primarily from the English Premier League and Champions League.

    I will assign an estimated strike rate for each bet and the corresponding expected value.

    I will choose the best price from a range of bookmakers: Bet365 | BetFred | BetVictor | Paddy Power | Stan James | Ladbrokes | Coral | William Hill

    *This will not be following good bankroll management strategy as the staking percentage on most of the bets will be extremely high to have a chance of growing the bankroll 50x in a short period of time so if you choose to follow you should gamble responsibly and only bet money that you can afford to lose so you could follow by turning €20 into €1,000 for example.

    *Should the betting log be completed successfully I will donate €500 of the winnings to Concern Worldwide - a charity that works with the world’s poorest people to transform their lives.


Comments

  • Registered Users Posts: 501 ✭✭✭Division


    Betting Round 1:

    English Premier League
    Hull v West Brom
    Bet: West Brom Win or Draw Double Chance @ 1.4 Ladbrokes
    Expected Strike Rate: 82.2% | Expected Value: 115.1%
    Stake: €67

    English Premier League
    Swansea v Crystal Palace
    Bet: Both Teams To Score @ 1.7 Bet365
    Expected Strike Rate: 74.8% | Expected Value: 127.2%
    Stake: €56

    English Premier League
    Man Utd v West Ham
    Bet: Over 1.5 Goals @ 1.22 Bet365
    Expected Strike Rate: 86.6% | Expected Value: 105.7%
    Stake: €77


  • Registered Users Posts: 501 ✭✭✭Division


    Results - Betting Round 1

    Hull 1-1 West Brom
    Swansea 5-4 Crystal Palace
    Man Utd 1-1 West Ham

    Current Balance: €282


  • Users Awaiting Email Confirmation Posts: 950 ✭✭✭mickmackmcgoo


    Good start. I'll join in with you on your next selections for a bit of fun


  • Registered Users Posts: 501 ✭✭✭Division


    Betting Round 2:

    English Premier League
    Crystal Palace v Southampton
    Bet: Both Teams To Score @ 1.8 Bet365
    Expected Strike Rate: 70.4% | Expected Value: 126.7%
    Stake: €82

    Spanish Primera Division
    Barcelona v Real Madrid
    Bet: Both Teams To Score @ 1.44 Bet365
    Expected Strike Rate: 74.3% | Expected Value: 107.1%
    Stake: €102

    Champions League
    Real Madrid v Borussia Dortmund
    Bet: Both Teams To Score @ 1.5 Bet365
    Expected Strike Rate: 75.6% | Expected Value: 113.4%
    Stake: €98


  • Registered Users Posts: 501 ✭✭✭Division


    Results - Betting Round 2

    Crystal Palace 3–0 Southampton
    Barcelona 1–1 Real Madrid
    Real Madrid 2–2 Borussia Dortmund

    Current Balance: €294


  • Advertisement
  • Registered Users Posts: 501 ✭✭✭Division


    Betting Round 3:

    English Premier League
    Everton v Arsenal
    Bet: Both Teams To Score @ 1.67 Bet365
    Expected Strike Rate: 68.7% | Expected Value: 114.7%
    Stake: €81

    English Premier League
    West Ham v Burnley
    Bet: West Ham Win (Draw No Bet) @ 1.25 Bet365
    Expected Strike Rate: 86.6% | Expected Value: 108.3%
    Stake: €108

    English Premier League
    Crystal Palace v Man Utd
    Bet: Over 1.5 Goals @ 1.29 Bet365
    Expected Strike Rate: 84.5% | Expected Value: 109.1%
    Stake: €105


  • Registered Users Posts: 501 ✭✭✭Division


    Results - Betting Round 3

    Everton 2-1 Arsenal
    West Ham 1-0 Burnley
    Crystal Palace 1-2 Man Utd

    Current Balance: €406


  • Registered Users Posts: 501 ✭✭✭Division


    Betting Round 4:

    English Premier League
    Tottenham v Burnley
    Bet: Tottenham Win To Nil @ 1.92 Bet Victor
    Expected Strike Rate: 60.2% | Expected Value 115.7%
    Stake: €99

    English Premier League
    West Ham v Hull
    Bet: West Ham Draw No Bet @ 1.25 Bet Victor
    Expected Strike Rate: 85.9% | Expected Value 107.4%
    Stake: €152

    English Premier League
    Everton v Liverpool
    Bet: Over 1.5 Goals @ 1.22 Bet Victor
    Expected Strike Rate: 91.2% | Expected Value 111.3%
    Stake: €155


  • Registered Users Posts: 471 ✭✭kopite davo


    are you still doing it?


  • Registered Users Posts: 688 ✭✭✭wush06


    Also interested


  • Advertisement
  • Registered Users Posts: 501 ✭✭✭Division


    Results - Betting Round 4

    Tottenham 2-1 Burnley
    West Ham 1-0 Hull
    Everton 0-1 Liverpool

    Current Balance: €190

    English Premier League
    Everton v Man City
    Bet: Both Teams To Score @ 1.7 Bet365
    Expected Strike Rate: 63.7% | Expected Value 108.4%
    Stake: €58

    English Premier League
    Swansea v Arsenal
    Bet: Arsenal To Win @ 1.53 Paddy Power
    Expected Strike Rate: 73% | Expected Value 111.8%
    Stake: €64

    Spanish La Liga
    Sevilla v Real Madrid
    Bet: Both Teams To Score @ 1.45 Bet Victor
    Expected Strike Rate: 73.9% | Expected Value 107.2%
    Stake: €68


  • Registered Users Posts: 501 ✭✭✭Division


    Results - Betting Round 5

    Swansea 0-4 Arsenal
    Sevilla 2-1 Real Madrid
    Everton 4-0 Man City

    Current Balance: €197

    German Bundesliga
    Werder Bremen v Borussia Dortmund
    Bet: Both Teams To Score @ 1.57 Stan James
    Expected Strike Rate: 69.9% | Expected Value 109.7%
    Stake: €62

    English Premier League
    Man City v Tottenham
    Bet: Both Teams To Score @ 1.67 Bet365
    Expected Strike Rate: 64.3% | Expected Value 107.4%
    Stake: €58

    English Premier League
    West Brom v Sunderland
    Bet: West Brom To Win (Draw No Bet) @ 1.25 Stan James
    Expected Strike Rate: 88.4% (ex. draw) | Expected Value 110.6%
    Stake: €77


  • Registered Users Posts: 501 ✭✭✭Division


    Results - Betting Round 6

    Werder Bremen 1-2 Borussia Dortmund
    Man City 2-2 Tottenham
    West Brom 2-0 Sunderland

    Current Balance: €290

    German Bundesliga
    Bayer Leverkusen v Borussia Monchengladbach
    Bet: Bayer Leverkusen To Win (Draw No Bet) @ 1.36 Bet Victor
    Expected Strike Rate: 79.6% (ex. draw) | Expected Value 108.3%
    Stake: €102

    Spanish La Liga
    Espanyol v Sevilla
    Bet: Both Teams To Score @ 1.7 Bet365
    Expected Strike Rate: 64.1% | Expected Value 109.1%
    Stake: €81

    Spanish La Liga
    Betis v Barcelona
    Bet: Barcelona To Win @ 1.3 Stan James
    Expected Strike Rate: 82.1% | Expected Value 106.8%
    Stake: €107


  • Registered Users Posts: 501 ✭✭✭Division


    Results - Betting Round 7

    Bayer Leverkusen 2-3 Borussia Monchengladbach
    Espanyol 3-1 Sevilla
    Betis 1-1 Barcelona

    Current Balance: €138

    English Premier League
    Middlesbrough v West Brom
    Bet: Under 2.5 Goals @ 1.5 BetFred
    Expected Strike Rate: 71.1% | Expected Value 106.7%
    Stake: €43

    English Premier League
    Liverpool v Chelsea
    Bet: Both Teams To Score @ 1.83 William Hill
    Expected Strike Rate: 58.7% | Expected Value 107.4%
    Stake: €36

    English Premier League
    Man Utd v Hull
    Bet: Man Utd To Win @ 1.2 Bet365
    Expected Strike Rate: 90.1% | Expected Value 108.1%
    Stake: €52


  • Closed Accounts Posts: 5,482 ✭✭✭Hollister11


    Interesting read so far.


  • Registered Users Posts: 501 ✭✭✭Division


    Results - Betting Round 8

    Middlesbrough 1-1 West Brom
    Liverpool 1-1 Chelsea
    Man Utd 0-0 Hull

    Current Balance: €137

    English Premier League
    Stoke v Crystal Palace
    Bet: Stoke Win & Draw Double Chance @ 1.3 Ladbrokes
    Expected Strike Rate: 82.5% | Expected Value 107.3%
    Stake: €53

    English Premier League
    Liverpool v Tottenham
    Bet: Both Teams To Score @ 1.73 Coral
    Expected Strike Rate: 62.7% | Expected Value 108.6%
    Stake: €39

    German Bundesliga
    Wolfsburg v Hoffenheim
    Bet: Hoffenheim Win & Draw Double Chance @ 1.53 Ladbrokes
    Expected Strike Rate: 73.2% | Expected Value 112.1%
    Stake: €45


  • Registered Users Posts: 501 ✭✭✭Division


    Results - Betting Round 9

    Stoke 1-0 Crystal Palace
    Liverpool 2-0 Tottenham
    Wolfsburg 2-1 Hoffenheim

    Current Balance: €69

    Champions League
    Benfica v Borussia Dortmund
    Bet: Both Teams To Score @ 1.73 Stan James
    Expected Strike Rate: 63% | Expected Value 109.1%
    Stake: €22

    Champions League
    Real Madrid v Napoli
    Bet: Napoli +2 Handicap @ 1.53 Stan James
    Expected Strike Rate: 69.5% | Expected Value 106.4%
    Stake: €25

    Champions League
    PSG v Barcelona
    Bet: Both Teams To Score @ 1.67 Stan James
    Expected Strike Rate: 65% | Expected Value 108.7%
    Stake: €22


  • Registered Users Posts: 501 ✭✭✭Division


    I won't be continuing the log in its current format. The stake percentage is simply too high.

    To quote my opening post:

    "This will not be following good bankroll management strategy as the staking percentage on most of the bets will be extremely high to have a chance of growing the bankroll 50x in a short period of time so if you choose to follow you should gamble responsibly and only bet money that you can afford to lose so you could follow by turning €20 into €1,000 for example."

    I am currently formulating a more traditional strategy but one that will allow the objective to be completed within a reasonably time frame so I will be back soon but I have to run a few more simulations to finalise a strategy that I am happy with that will have a much greater chance of success but over a longer time frame. I bet a flat stake of 2% with my main bankroll but that won't be suitable for this log so I'm looking to see what stake percentage I am comfortable with but it will be less than a half Kelly stake.

    Regarding my pledge to donate €500 to Concern Worldwide this will stand for the new betting log and I will continue with the log for however long it takes to complete it successfully.


  • Registered Users Posts: 3,380 ✭✭✭The Reservoir Dubs Anchorman


    Can I ask how you are working out your expected value? Just interested in what sort of system you're taking your information from?


  • Registered Users Posts: 501 ✭✭✭Division


    Its a personal opinion. I assign a percentage chance to each team scoring a exact number of goals based on many factors (mainly my experience with the league which is why I don't cover multiple sports and focus on a couple of leagues) which then provide percentages for various outcomes and the associated odds using excel.


  • Advertisement
Advertisement