Well, that didn't go so well. Let's review the numbers for the season. Due to bad typing, I lost a couple of bets along the way, but the stats below are pretty darn close.
I made about 530 pretend bets since June 7th, at an average of about $4.50 each. The bets totaled around $2400.
About 315 of the bets ended up losing. Those bets averaged about $4.60 each for a total of about $1450 in losses.
About 215 of the bets were winners. Those bets averaged about $4.43 each. Since most of those bets were on underdogs, they paid pretty well, yielding about $1422 in winnings.
So, by winning $1422 and losing $1450, I ended up down about $32 after 530 virtual bets.
I can take several positive things away from this:
1) I placed $2400 in bets and lost $32. That's less than a 1.5% loss of the total bet amount. My software does not have far to go to turn the corner to profitability.
2) This was my first season doing this. My software got better as the season went on and there are still improvements that I can and will make.
3) I made my bets using Bodog.com odds. I picked that casino not because they were the best, but because they seemed offer typical odds. However, "typical" in this case meant that their odds took a 10% cut of every winning bet. Had I chosen a casino that only took 5% of every winner, then I would have won $1486, yielding a profit of $36 instead of a loss of $32. Some casinos take even less than that. A buddy of mine used my data to place bets with a casino that offered great odds. His bankroll started at $100 and ended up at about $150.
4) First game of the 2008 season is 5 months away. I'll be back and I intend to be profitable.
Thursday, November 1, 2007
Thursday, October 25, 2007
Results report for October 25 2007
Began 10/25/07 with a bankroll of $173.86 (from an original bankroll of $200).
The $5.00 bet on the Colorado Rockies was a loser.
Lost $5.00
Lost $5.00 for the day.
Closed the day with a bankroll of $168.86
That's -15.6% profit in 141 days.
The $5.00 bet on the Colorado Rockies was a loser.
Lost $5.00
Lost $5.00 for the day.
Closed the day with a bankroll of $168.86
That's -15.6% profit in 141 days.
Recommended Major League Baseball bets for October 25 2007
Current bankroll is $173.86 (started with $200)
Bet $5.00 on Colorado Rockies (Jimenez)
Home/Away : Visiting team
Bodog Odds : 1.8
Opponent : Boston Red Sox (Schilling)
Bet $5.00 on Colorado Rockies (Jimenez)
Home/Away : Visiting team
Bodog Odds : 1.8
Opponent : Boston Red Sox (Schilling)
Wednesday, October 24, 2007
Results report for October 24 2007
Began 10/24/07 with a bankroll of $177.86 (from an original bankroll of $200).
The $4.00 bet on the Colorado Rockies was a loser.
Lost $4.00
Lost $4.00 for the day.
Closed the day with a bankroll of $173.86
That's -13.1% profit in 140 days.
The $4.00 bet on the Colorado Rockies was a loser.
Lost $4.00
Lost $4.00 for the day.
Closed the day with a bankroll of $173.86
That's -13.1% profit in 140 days.
Recommended Major League Baseball bets for October 24 2007
Current bankroll is $177.86 (started with $200)
Bet $4.00 on Colorado Rockies (Francis)
Home/Away : Visiting team
Bodog Odds : 2.0
Opponent : Boston Red Sox (Beckett)
Bet $4.00 on Colorado Rockies (Francis)
Home/Away : Visiting team
Bodog Odds : 2.0
Opponent : Boston Red Sox (Beckett)
Sunday, October 21, 2007
Results report for October 21 2007
Began 10/21/07 with a bankroll of $180.86 (from an original bankroll of $200).
The $3.00 bet on the Cleveland Indians was a loser.
Lost $3.00
Lost $3.00 for the day.
Closed the day with a bankroll of $177.86
That's -11.1% profit in 137 days.
The $3.00 bet on the Cleveland Indians was a loser.
Lost $3.00
Lost $3.00 for the day.
Closed the day with a bankroll of $177.86
That's -11.1% profit in 137 days.
Recommended Major League Baseball bets for October 21 2007
Current bankroll is $180.86 (started with $200)
Bet $3.00 on Cleveland Indians (Westbrook)
Home/Away : Visiting team
Bodog Odds : 1.53
Opponent : Boston Red Sox (Matsuzaka)
Bet $3.00 on Cleveland Indians (Westbrook)
Home/Away : Visiting team
Bodog Odds : 1.53
Opponent : Boston Red Sox (Matsuzaka)
Tuesday, October 16, 2007
Results report for October 16 2007
Began 10/16/07 with a bankroll of $177.77 (from an original bankroll of $200).
The $3.00 bet on the Cleveland Indians was a winner.
Won $3.09 from casino odds of 1.03
Won $3.09 for the day.
Closed the day with a bankroll of $180.86
That's -9.6% profit in 132 days.
The $3.00 bet on the Cleveland Indians was a winner.
Won $3.09 from casino odds of 1.03
Won $3.09 for the day.
Closed the day with a bankroll of $180.86
That's -9.6% profit in 132 days.
Recommended Major League Baseball bets for October 16 2007
Current bankroll is $177.77 (started with $200)
Bet $3.00 on Cleveland Indians (Byrd)
Home/Away : Home team
Bodog Odds : 1.03
Opponent : Boston Red Sox (Wakefield)
Bet $3.00 on Cleveland Indians (Byrd)
Home/Away : Home team
Bodog Odds : 1.03
Opponent : Boston Red Sox (Wakefield)
Results report for October 15 2007
Began 10/15/07 with a bankroll of $183.77 (from an original bankroll of $200).
The $6.00 bet on the Arizona Diamondbacks was a loser.
Lost $6.00
Lost $6.00 for the day.
Closed the day with a bankroll of $177.77
That's -11.1% profit in 131 days.
The $6.00 bet on the Arizona Diamondbacks was a loser.
Lost $6.00
Lost $6.00 for the day.
Closed the day with a bankroll of $177.77
That's -11.1% profit in 131 days.
Monday, October 15, 2007
Recommended Major League Baseball bets for October 15 2007
Current bankroll is $183.77 (started with $200)
Bet $6.00 on Arizona Diamondbacks (Owings)
Home/Away : Visiting team
Bodog Odds : 1.63
Opponent : Colorado Rockies (Morales)
Bet $6.00 on Arizona Diamondbacks (Owings)
Home/Away : Visiting team
Bodog Odds : 1.63
Opponent : Colorado Rockies (Morales)
Saturday, October 13, 2007
Results report for October 12 2007
Began 10/12/07 with a bankroll of $187.77 (from an original bankroll of $200).
The $4.00 bet on the Cleveland Indians was a loser.
Lost $4.00
Lost $4.00 for the day.
Closed the day with a bankroll of $183.77
That's -8.1% profit in 128 days.
The $4.00 bet on the Cleveland Indians was a loser.
Lost $4.00
Lost $4.00 for the day.
Closed the day with a bankroll of $183.77
That's -8.1% profit in 128 days.