Acting as a Bookmaker

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Re: Acting as a Bookmaker

Postby Brian » Fri Apr 19, 2013 12:30 pm

Cheers Terry. Yes that is probably true and the article that inspired me to do this mentions the bookies lost big at Cheltenham. But they are still very profitable overall and will have made a lot on Tiger Woods failing to win the masters and other big sporting favourites losing too.

The article is here: http://www.guardian.co.uk/business/2013/apr/15/ladbrokes-issues-shock-profit-warning
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Re: Acting as a Bookmaker

Postby Brian » Fri Apr 19, 2013 12:33 pm

Taken Djokovic lay at 1.15 now. BetVictor 1.13 so not too far away and Djokovic is struggling with his ankle.

BET 9 - Lay Djokovic (v Nieminen) at 1.15
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Re: Acting as a Bookmaker

Postby Brian » Fri Apr 19, 2013 5:25 pm

Nadal came close to losing but came through in an epic match agaisnt a very promising Dimitrov. Djokovic looks like he's going to win so no luck there either.

One more bet for today and it's on the footy. Hull look too short tonight and I've layed at 1.42 with most booies happy to lay at 1.4.

BET 10 - Lay Hull (v Bristol City) at 1.42
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Re: Acting as a Bookmaker

Postby Brian » Sat Apr 20, 2013 9:48 am

Hull finished 0-0 last night which means a winner for us and P/L is -£2.20 now.

BET 1 – Lay Man Utd (v West Ham) at 1.76 -> WIN £9.50
BET 2 – Lay Man City (v Wigan) at 1.3 -> LOSE £3
BET 3 - Lay Luton (v Ebbsfleet) at 1.55 -> LOSE £5.50
BET 4 - Lay Taylor (v Hamilton) at 1.59 -> LOSE £5.90
BET 5 - Lay Van Gerwen (v Barneveld) at 1.85 -> LOSE £8.50
BET 6 - Lay Taylor (v Barneveld) at 1.86 -> WIN £9.50
BET 7 - Lay Van Gerwen (v Lewis) at 1.58 -> LOSE £5.80
BET 8 - Lay Nadal (v Dimitrov) at 1.05 -> LOSE £0.50
BET 9 - Lay Djokovic (v Nieminen) at 1.17 -> LOSE £1.50
BET 10 - Lay Hull (v Lewis) at 1.42-> WIN £9.50

TOTAL WINNERS: 3
TOTAL LOSERS: 7
RUNNING TOTAL -£2.20


Going to lay both Nadal and Djokovic in the tennis today.

Nadal is at 1.14, ionly 1 tick above Stan James which I like. Going to wait for a shorter price on Djoko.

BET 10 - Lay Nadal (v Tsonga) at 1.14

Footy lays to come just after midday.
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Re: Acting as a Bookmaker

Postby Brian » Sat Apr 20, 2013 2:26 pm

Nadal wins... layed Djokovic at 1.17.

Here are todays football lays. Huge favourites that were very close to bookies odds and amazingly in some cases better!

I will fomat better and produce a summary later:

Arsenal 1.65
Bolton 1.84
Forest 1.75
Watford 1.84
Bournemouth 1.46
MK Dons 1.7
Swindon1.52
Walsall 1.62
Yeovill 1.72
Mansfield 1.45
Kidderminster 1.39
Dortmund 1.44
Bayern 1.46
Real Madrid 1.3
Barcelona 1.2
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Re: Acting as a Bookmaker

Postby Brian » Sun Apr 21, 2013 9:48 am

Terrible day yesterday with so many favs winning!

Arsenal 1.65 -6.5
Bolton 1.84 -8.4
Forest 1.75 9.5
Watford 1.84 -8.4
Bournemouth 1.46 -4.6
MK Dons 1.7 9.5
Swindon1.52 -5.2
Walsall 1.62 9.5
Yeovill 1.72 -7.2
Mansfield 1.45 -4.5
Kidderminster 1.39 -3.9
Dortmund 1.44 -4.4
Bayern 1.46 -4.6
Real Madrid 1.3 -3
Barcelona 1.2 -2

TOTAL WINNERS: 6
TOTAL LOSERS: 19
RUNNING TOTAL -£36.40
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Re: Acting as a Bookmaker

Postby Brian » Sun Apr 21, 2013 9:58 am

Just 2 bets today. Going to lay Nadal and Celtic.
Will post prices later as I am going to wait until they shorten up (hopefully).
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Re: Acting as a Bookmaker

Postby Brian » Mon Apr 22, 2013 11:29 am

Took Celtic at 1.35 and Nadal at 1.49 yesterday.

Celtic won but Nadal lost bringing th eprofit/loss up to -£30.40.

I'm stil pretty pleased with that as it was a weekend where so many favs won and we've only had 7 winning bets from 27 and to be only £30 down is damn good.

I'm beginning to think that it's only the very big gme favs I should be laying really though. The bookies are going to take a hell of a lot more money on Barcelon and Man United than they are on Mansfireld Town and consequently the odds should be that much lower than the real probability because these games affect their bottom line more. So I am going to cease picking the lower league matches.

I've created a spread sheet so you can see the history of all the bets and I'll upload and post a link to later but for now here's the summary:

TOTAL WINNERS: 7
TOTAL LOSERS: 27
RUNNING TOTAL -£30.40
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Re: Acting as a Bookmaker

Postby Brian » Mon Apr 22, 2013 2:28 pm

One bet for today and it's obviously got to be a lay of Man Utd at 1.25. The price is pretty damn short and I don't seethat it cano much shorter so I'm happy to take it now.

BET 28 - Lay Man Utd (v Aston Villa) at 1.25
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Re: Acting as a Bookmaker

Postby Brian » Tue Apr 23, 2013 1:43 pm

United won easily like I thought they would to be honest. Butthe price was ridiculously short and that loss makes it -£32.90.

I can't believe it's only that much considering how many losers we've had! It so much easier to take and to get back into profit.

Here is a link to the spread sheet I promised: http://www.bettingtools.co.uk/acting-as-a-bookmaker.xlsx
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