I had a somewhat up and down weekend of trading. Most of my pre-match selections seemed to have goals, but I couldn't find an angle to get involved and missed out on some potential wins.
What made it worse for me is that I was trading and trying to make as much profit as I could for Children In Need.
Because of this deadline I set myself, I started to enter some trades earlier than I usually do, in the first half, because I only had a week for this mini-challenge. I couldn't be as conservative as my regular trading style.
mentioned in a recent post in October that I wouldn't enter trades in the first half before I paper trade them. Well, based on some of the results this week, I need to consider it.
Here's how it went.
Vitesse v Groningen
Vitesse was losing at home. I looked at the stats and expected them to at least pull it back before the final whistle.
They didn't convert their chances, and no more goals arrived — a losing trade.
St. Golloise v Westerlo
Home favourites were losing in the second half. Their home form has been impressive, so I decided to Lay Westerlo. I don't usually lay a particular team, but I felt St. Golloise would get back into this.
I decided to cash out at my pre-defined stop later in the game for a break-even trade, or small loss by the time my orders were met.
Friday wasn't the best of days. One loss and one (kind of) break-even trade.
Erzurum v Akhisarspor
Turkey 1. Lig
Erzurum has been flying at home, so when I saw they were level 0-0 in the second half, I decided to oppose the current score.
Frustratingly for me, there were no goals, and the match ended 0-0.
Wisla Plock v Cracovia Krakow
Profiling this game, I expected goals. Wisla hasn't maintained a clean sheet in the last three games and has been involved in matches producing over 2.5 goals five times in the previous 7.
Cracovia Krakow has won their last three games. So I decided to oppose the current 0-0 scoreline in the second half.
Like with the trade earlier, it finished 0-0. Arrgh! So many losing trades!
Sivasspor v Konyaspor
Turkey 1. Lig
Sivasspor have been playing well at home, and after looking at the stats midway through the second half, I decided to oppose the current 0-0 score, expecting a goal.
At last, a winning trade. The goals came in the 80th and 89th minute with Sivasspor winning 2-0.
Valencia v Granada
With the game still 0-0 in the second half, I waited for the price to decrease before opposing the scoreline.
It worked out to be a winning trade with Valencia scoring in the 74th minute and then a late goal in the 97th minute, but I only needed one goal to win this trade.
Ballymena v Carrick Rangers
Late in the second half home, pre-match favourites were losing 1-2 at home. I believed Ballymena was going to get back into this game and level the score.
Well, it never happened. The score stayed at 1-2, so I lost this trade.
Charleroi v Eupen
With the score 0-0 and the stats seemed to expect a goal was on its way, I opposed the current score in the second half.
I had to wait until the 83rd minute to win this trade. Charleroi went on to win 1-0.
Monaco v Dijon
This was one of the first trades of the week entering the market in the first half. I was expecting goals in the match, so I decided to enter in the first half and win if the first goal arrived in the first half.
It worked out with Monaco scoring in the 42nd minute. Nice first-half trade and due to this, I stuck with it for some future trades.
Sittard v Den Haag
Like with the Monaco game, while profiling this match, I expected goals. Rather than wait until the second half, as I usually do, I entered in the first half looking for an early goal.
This was another successful first-half trade. Sittard scored in the 40th min.
Heracles v VVV Venlo
I am sticking with the plan to enter the trade earlier than usual. This trade also worked out well with a goal in the 22nd minute.
I expected goals in this match, and I profiled it well as Heracles went on to win 6-1. Glad I didn't wait until the second half to get involved, or I may not have found a way to trade this match.
Napoli v Genoa
My first loss of the weekend while using the strategy to enter a trade early. I expected goals in the game, but it was 0-0 at half time, so I cashed out for a loss.
Lille v Metz
With the score 0-0 in the second half, I decided to use my second half methods and oppose the current score.
The stats looked in my favour, but the game somehow finished 0-0, so it was a losing trade.
Napoli v Genoa
It's not a typo; I did get involved in this match again. I watched the game and thought a goal was going to arrive in the second half. I went back to my second half method and opposed the 0-0 score.
Hmm, well that didn't work, and it ended 0-0.
At 11 am on Remembrance Sunday, I spent two-minutes in silence to remember the brave men and women who sacrificed a great deal so I can live today, doing what I do, including such things as sports trading.
The last day of trading to make a profit for Children In Need.
Cagliari v Fiorentina
Back to the method to get into a trade early. The available matches to trade for the final day of my mini-challenge were running out so I couldn't wait to see if I could enter in the second half. I expected an early goal.
The goal arrived after 17 minutes, winning my trade. Cagliari went on to win 5-2.
Lazio v Lecce
This would be my final trade of the day and of the weekend. I entered earlier in the game, expecting a goal and it worked out. Lazio scored in the 30th minute and went on to win the game 4-2.
The mini-challenge has come to an end. I totalled up my P&L for the week. The good news is I made a profit. The bad news is it wasn't anything significant.
I started the challenge with £200 on Monday.
The final amount was £228.10.
I made a profit of +£28.10, from the midweek trading and this weekend which is a return of 14% on the starting balance.
I wish I had won a lot more. I would have liked to get 50%+, so £100+ in a week, although that might seem too unrealistic or aggressive. Maybe in hindsight with only one week of trading to make a profit, I should have increased my stakes so the wins would have been more significant.
I'm going to be setting myself some more challenges in 2020 to try and raise a lot more.
I'll be withdrawing the £228.10 from my Betfair account, so I only have my main balance in there. I'll be sending the £28.10 to "Children in Need" this week - and I'll be donating some more myself.
I'm going back to trading my regular account this week. Unfortunately, it's an International week of football fixtures, so I'm not expecting too much activity.
"Trading sports online is to back (in favour) a team or individual and then lay (oppose) at a lower price (odds) for a profit before the sporting event finishes. Alternatively lay (oppose) a sports team or individual and then back at a higher price (odds) for a profit." - SportsTraydor.