January to June 2016: -569 units (-5.9% ROI)

All in all 9632 units invested in 3014 bets with a hit rate of 27.9% during these 6 months. Average odds from these bets were 7.35. At longer odds like this variation is to be expected, but at the same time it has been kind of a test with a downturn like this.

I’ve also made a few mistakes during this pretty heavy time, which I have tried to  correct since.

In short, these are:

  1. For new services, track all results without investing real money until you feel really confident that it suits your style and that they really will make you money.
  2. Don’t fall into the trap and follow every tipster that seems successful. Be patient, and be very, very restrictive with who to follow.

I was of course using Bettin.gs to track all bets. They come from no less than 21 different tipsters, even if they were ready to be included in the official portfolio or not. This turned out to be far from a successful approach, with 4 out of 6 months ending in a loss.

I remember these months as the first real downturn, with far too many tipsters underperforming at the same time. I knew times like these would come, but when it did it almost felt ridiculously tough.

Since then I’ve started a private “trial” account, where I track the results from all services that may or may not be included in the portfolio at some point.

Your stats | Bettin.gs
No great 6 months to start the year.

Football: -267 units (-10.5% ROI)

I followed several football tipsters – no less than 9 in total, where only one showed green numbers during this period. I was still using three well known systems trying to build a successful combo system, but it never worked out. I’m still a bit baffled why, but there you go.

Lessons learned: It’s hard to build a winning system in football based on numbers only and the result from most football tipsters are way below my personal bets’ results.

US Sports: -150 units (-12.6% ROI)

I also tried to find a winning system at a system covering American sports, without succeeding. I have later read an updated report for this service at Secret Betting Club, revealing several shortcomings with the service which i wished I could’ve read before signing up.

Lesson learned: Trial all services enough to feel confident they will make money in the long run. Personal advice: Stay away from ProComputerGambler.

Horse racing: -117 units (-2.3% ROI)

From 1719 bets and 6 different tipsters, the 2 most active tipsters showed a profit (Jason James and Northern Monkey).

This turned in to a great opportunity to clean out some losers, which I’ve also done since.

Sadly, during this period, as ironic as it may sound, I lost or was restricted at more or less all of my major bookie accounts, which pushed me to use exchanges like Betfair, Smarkets and Matchbook exclusively. That also meant giving up on one of my favourite tipsters, Northern Monkey, as he relies a lot of each-way, ante post and multiple bets.

Lesson learned: As above, be sure to trial ALL services before committing long-term.

All bets and full stats are always available at bettin.gs/samuelericson.

Review of July to December coming as soon as the year is over.

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