FtWF; Update: Aug 31, 2008

Another game done and time for another update. In my last post, I had indicated that there were two games this weekend, but I was incorrect; the Man Utd v Fulham is actually in Jun (I had made an error in entering the date in my spreadsheet) The only game this weekend was the Olympiacos v Atereras Tripolis. Here are the results:

Aug 31, 2008
Start Bank/Bet Amount: $125.00 / $25.00
Result/Odds: Win / 1.89
Profit/Loss: +$22.85
End Bank: $131.75

This gives me a $6.75 profit on the season thus far (just four games bet on)

Next bet will be Sep 8 with Inter Milan v Catania Calcio. Stay tuned…

Sports Betting Champ; Update: Aug 26, 2008

So the picks for Sports Betting Champ have ended for the season. As you may already be aware, a few picks ago, John Morrison added an additional criteria for a qualifying pick (you can read about it here if you are unfamiliar with what I am talking about)

Since then, the system went 100%. Actually, if that additional criteria had been used from the beginning of the season, there would not have been a single loss, and not a single time needing to use the “C” bet. If that had been the case, and the goal was to make $10 profit on each series, then the results for the season (with the additional criteria) would have looked like this:

Number of Qualifying Picks: 42
Number of Wins: 42
Total Amount Bet: $1,377.77
Total Profit/Loss: +$400 (+29.90%)

As for my own results using the actual picks sent out:

Number of Qualifying Picks: 44
Number of Wins: 40
Total Amount Bet: $1,750.31
Total Profit/Loss: -$54.06 (-3.09%)

Based on the new criteria, I will be trying this system again next season, but sticking to the flat $10 profit per pick and see how that does.

FtWF; Update: Aug 26, 2008

There was only one game to bet on over the weekend: FC Porto vs Belenenses. Results are as follows:

Aug 24, 2008
Start Bank/Bet Amount: $125.00 / $25.00
Result/Odds: Win / 1.31
Profit/Loss: +$7.75
End Bank: $117.25

There are two more bets for this weekend: Manchester United vs Fulham and Olympiacos vs Asteras Tripolis. I will be posting more updates then.

Sports Betting Champ; Update: Aug 18, 2008

OK, so apparently John Morrison has made a tweak to the system that takes into account a statistic called “Relative Power index”, or “RPI”, which takes in to account the team’s winning percentage and quality of opponents. The new tweak would pass on “qualified” picks who have an RPI that is less than a certain threshold. Apparent back-testing would have eliminated virtually all losses in the last 20 years and 27% fewer games/series to bet on. The current season would apparently be 37-0 using the new tweak, and all future picks this season (and beyond0 will be made with the new tweak, apparently. In addition, all 37 wins this season would have occurred on the “A” or “B” bet, and virtually eliminated the “C” bet.

I will await further testing, but I am leaning towards recommending this system, but with caution. With only a few games left to bet on this season, I will probably bet on it next season too, as the new tweaks seem to make it better, though time will only tell.

Within the next couple of days I will update what the results would have been for this season with the new tweaks, though they will not reflect my current results.

FtWF; Update: Aug 18, 2008

Sorry I have not updated this blog in a few days; I have been away attending my brother’s wedding out in Ontario.

While I was away, the English and Scottish Premier leagues started up, and I had pre-bet two games on it using the “Four The Win Football” system:

• Aug 16: Rangers vs Hearts
• Aug 17: ManU vs Newcastle

The Rangers won while ManU tied. Since i am flat-betting, I will not be increasing my bet size on the next game, which will be Porto FC vs Belenenses on Aug 24th.

Results for the weekend are:

Aug 16, 2008
Start Bank/Bet Amount: $125.00 / $25.00
Result/Odds: Win / 1.38
Profit/Loss: +$9.50
End Bank: $134.50

Aug 17, 2008
Start Bank/Bet Amount: $109.50 / $25.00
Result/Odds: Win / 1.38
Profit/Loss: -$25.00
End Bank: $109.50

Just as a reminder, I am going to flat bet the season, not increasing my bets, to give a more true test of the system. I will also be tracking results using two other betting systems, but they will be theoretical, and not actually bet. I may make my spreadsheet available periodically to show the results.

Sports Betting Champ; Update: Aug 8, 2008

It’s been a while since my last update on this… July 23rd, in fact. The system is currently in the middle of two series (there were two picks today, both of which lost the first game of their respective series, so there will be a second bet on them tomorrow). Current status for completed series is:

From: Jun 9, 2008 to Aug 5, 2008
Number of Qualifying Picks: 35
Number of Wins: 31
Strike %: 89%
Total Amount bet: $1,260.90
Total Profit: ($144.06)
ROI: (11.43%)

Will update once current series are done.