Category Archives for Weekly Update

Week 5 Results: +$280.98 Profit

Well, what can I say without sounding like a broken record? Another winning week! We got back on track after last week’s small loss. That’s just crazy, but it’s incredibly awesome. As I’ve said previously, I really am anxious to have 1 or 2 bad losing weeks, so that I can finally get a true reading on what I can realistically expect going forward.

It’s hard to do that when I’m on this kind of winning streak. Granted, the results aren’t as strong as they were the first 2 weeks, but this has just been some phenomenal results.

Total Results for Week 5
(1/2/2017 – 1/8/2017)

I made a total of 51 bets. I won 29 of them, lost 20, and pushed on 2, giving me a 56.9% win percentage. I put a total of $1,922 into action, and made a net profit of $280.98, producing a 14.62% ROI.

How much money did I make from sports betting?

 

Breaking it down by sport

I made the most money in the NBA this week, and I did the worst in the NFL.

Breakdown by Sport for Week 5

Breaking it down by sportsbook

I made the most money with BetOnline, and I lost the most money at Bookmaker. I made most of my bets at BetOnline last week.

Individual System Results

2 of my 3 systems were profitable this week, producing a net profit for the week.

FP Results

I had 4 bets total. I won 2 of them, and lost 2, giving me a 50% win percentage. I put $153 into action, and lost -$1.43, producing a negative ROI of -0.93%. Can’t win em all, but you’ll see below in the Cumulative Results section that all of my systems are currently profitable.

FP Results for Week 5

PR Results

I made a total of 25 bets. I won 14, lost 10, and pushed on 1, giving me a 56% win percentage. I put a total of $925 into action, and made a net profit of $133.14, giving me a 14.39% ROI.

PR Results for Week 5

LB Results

I won money with my live betting system this week. I had 22 bets. I won 13, lost 8, and pushed on 1, giving me a 59.1% win percentage. I put a total of $844 into action and I had a winning week, making $149.27 in profit, producing a 17.69% ROI.

Live Betting Results for Week 5

MMA Results

No MMA action this week.

Cumulative Results

Since I started back on December 5, 2016, I’ve made a total of 260 bets. I’ve had 158 wins, 97 losses and 5 pushes, giving me a 60.8% win percentage. I have put a total of $7,009 into action, and have made a profit of $1,346.80, producing a 19.22% ROI.

My ROI will continue to drop every week until it reaches it’s true number (it was distorted because of all the bonus money I received on my deposits).

Cumulative Results for Week 5

As for the individual system/capper results:

  • FP System: 18 bets total. 11 wins, 7 loss (61.1% winners). $431 in total action, $60.52 in profit, producing a 14.04% ROI.
  • PR System: 105 bets total. 66 wins, 35 losses, 4 pushes (62.9% winners). $2,631 in total action, $820.93 in profit, producing a 31.2% ROI.
  • LB System: 82 bets total. 51 wins, 30 losses, 1 push (62.2% winners). $2,353 total bet, $393.12 in profit, producing a 16.71% ROI.
  • MMA picks: 55 bets total. 30 wins, 25 losses (54.5% winners). $1,594 total bets, $72.23 in profit, producing a 4.53% ROI. These kind of returns are much more realistic with sports betting, so I really like seeing these kinds of numbers.

As you can tell, the ROI keeps dropping every week. This is exactly what I want. As I went over in an earlier article, this is entirely because of the massive winning streak I was on, combined with all the bonuses I got from my deposits and reloads.

I have been at this for 35 days now. That’s an average of 7.4 bets per day (again, distorted because of the large number of MMA picks on weekends, and well, just a larger number of bets on the weekends in general). My average daily profit currently sits at $38.48.

Week 4 Results: -$16.87 Loss

This week, we had our first losing week. It happens. At least it was such a minimal loss, though. These kinds of weeks are to be expected. Actually, it gets much worse. I’ve had months where I won 3 weeks in a row and then on the 4th week, I ended up giving back all my profit and took a loss for the month. Losses happen, just be prepared for them.

Total Results for Week 4
(12/26/2016 – 1/1/2017)

I made a total of 79 bets. I won 39 of them, and lost 40, giving me a 49.4% win percentage. I put a total of $2,416 into action, and had a net loss of -$16.87, producing a -0.7% ROI. Much, much more realistic. It makes me nervous when results are so incredibly skewed. When I was getting 30-40% ROIs, while that’s absolutely phenomenal, it scares me a bit, because I know what’s eventually coming; I just don’t know when.

How much money I made this week betting on sports

Breaking it down by sport

I made the most money in college football this week, as well as producing the biggest ROI. I did the worst in the NFL.

Profit by Sport Breakdown

Breaking it down by sportsbook

I’m no longer going to provide exact numbers or screenshots for the sportsbook breakdown, because I need to protect my sportsbook accounts. I can’t risk a sportsbook figuring out which sportsbook accounts are mine.

I made the most money from Bookmaker, and I lost the most money at Pinnacle Sports. Bovada produced the largest ROI, while the worst ROI was from BetDSI.

Individual System Results

Overall, I made a profit this week, but these kinds of results are much more realistic. I’m happy with these results.

FP Results

I had 6 bets total. I won 2 of them, and lost 4, giving me a 33.3% win percentage. I put $126 into action, and lost -$68.73, producing a negative ROI of -54.55%. Can’t win em all, but you’ll see below in the Cumulative Results section that all of my systems are currently profitable.

Week 4 Results from my FP System

PR Results

I made a total of 28 bets. I won 14, and lost 14, giving me a 50% win percentage. I put a total of $815 into action, and made a net profit of $60.24, giving me a 7.39% ROI.

Now, you may be wondering how I made a profit if I had 50% winners. Since it’s football and basketball season, my PR system makes picks on the spread, so there weren’t any dogs. There are 2 reasons why I showed a profit. First, my bet size increased. I deposited money in a few different sportsbooks and took advantage of their bonuses, therefore increasing the amount I bet.

Second, and the main reason for the profit, was because of the bonus amounts that I got. With the spreadsheet that I use, it treats bonuses as free money. It’s not something that came out of my pocket, so the risk would be 0 for those bets that were made with the free play bonuses.

So since it’s free money, the spreadsheet doesn’t treat it as me risking anything, so when I lose a free play bet, it records that bet as I didn’t risk anything at all.

This is why I play it smart; bonuses are free money. They increase your bottom line so much. But you have to play it smart. I will be covering how I do this in a future article.

Week 4 Results for my PR System

LB Results

I lost money again with my live betting system this week. I had 21 bets. I won 11, lost 10, giving me a 52.4% win percentage. I put a total of $671 into action and I had a losing week, losing -$14.54, producing a -2.17% ROI.

Week 4 Results for my Live Betting system

MMA Results

This week, I made 24 bets. I won 12, and lost 12, giving me a 50% win percentage. I put $804 into action, and made $6.16 in profit, producing a 0.77% ROI. Such a tiny profit, but still a profit. Check the Cumulative Results section below to see how I’ve done so far with my MMA handicapper.

Week 4 MMA Results

Cumulative Results

Since I started back on December 5, 2016, I’ve made a total of 209 bets. I’ve had 129 wins, 77 losses and 3 pushes, giving me a 61.7% win percentage. I have put a total of $5,087 into action, and have made a profit of $1,065.82, producing a 20.95% ROI.

My ROI will continue to drop every week until it reaches it’s true number (it was distorted because of all the bonus money I received on my deposits).

As for the individual system/capper results:

  • FP System: 14 bets total. 9 wins, 5 loss (64.3% winners). $278 in total action, $61.95 in profit, producing a 22.28% ROI.
  • PR System: 80 bets total. 52 wins, 25 losses, 3 pushes (65% winners). $1,706 in total action, $687.79 in profit, producing a 40.32% ROI.
  • LB System: 60 bets total. 38 wins, 22 losses (63.3% winners). $1,509 total bet, $243.85 in profit, producing a 16.16% ROI.
  • MMA picks: 55 bets total. 30 wins, 25 losses (54.5% winners). $1,594 total bets, $72.23 in profit, producing a 4.53% ROI. These kind of returns are much more realistic with sports betting, so I really like seeing these kinds of numbers.

As you can tell, the ROI keeps dropping every week. This is exactly what I want. As I went over in an earlier article, this is entirely because of the massive winning streak I was on, combined with all the bonuses I got from my deposits and reloads.

I have been at this for 28 days now. That’s an average of 7.5 bets per day (again, distorted because of the large number of MMA picks on weekends, and well, just a larger number of bets on the weekends in general). My average daily profit currently sits at $38.07.

Week 3 Results: +$112.42 Profit

Week 3 was a really slow week, because of the holidays. I didn’t work very much; I chose to spend most of the time with my family. As a result, I didn’t put in very many bets at all, but it was still a profitable week.

Total Results for Week 3
(12/19/2016 – 12/25/2016)

I only made a total of 11 bets. I won 8 of them, and lost 3 of them, giving me a 72.7% win percentage. I put a total of $286 into action, and made a net profit of $112.42, producing a 39.31% ROI. Amazing results. To be honest, I really expected this winning streak to be over with by now. I expected to be on a losing streak, but a 3 week winning streak only means that a bad losing streak is coming.

How much money I made betting on sports this week

Breaking it down by sport

Yet again, the NBA gave me my most profit, and highest ROI. College football produced the biggest loss.

Profit by Sport Breakdown

Breaking it down by sportsbook

Heritage Sports made me the most money this week, and produced the biggest ROI. 5Dimes lost me the most money.

Individual System Results

2 of my system made me a profit, while I lost money on the 3rd.

FP Results

I had 3 bets from my FP system, and I won all 3 of them. $78 in total action, producing a profit of $72.04 and a 92.36% ROI.

FP Betting System Results for Week 3

PR Results

I had 4 bets. I won 3, and lost 1, giving me a 75% win percentage. I put a total of $104 into action, and made a $47.16 profit, producing a 45.35% ROI.

PR Betting System Results for Week 3

LB Results

My live betting system lost me money this week. I had 4 bets. I won 2 and lost 2, giving me a 50% win percentage. I put a total of $104 into action and lost -$6.78, giving me a negative ROI of -6.52%. If this is as worse as it gets, I’d be ecstatic. Sadly, no, losing streaks get much worse, but we’ll cross that bridge when we get there.

Live Betting System Results for Week 3

MMA Results

The handicapper I use did not release any MMA picks for the week, so I had no action on those at all.

Cumulative Results

Since I started back on December 5, 2016, I’ve made a total of 140 bets. I’ve had 94 wins, 43 losses and 3 pushes, giving me a 67.1% win percentage. I have put a total of $2,671 into action, and have made a profit of $1,082.69, producing a 40.54% ROI.

My ROI will continue to drop every week until it reaches it’s true number (it was distorted because of all the bonus money I received on my deposits). 

As for the individual system/capper results:

  • FP System: 10 bets total. 7 wins, 3 loss (70% winners). $152 in total action, $130.68 in profit, producing a 85.97% ROI.
  • PR System: 56 bets total. 40 wins, 13 losses, 3 pushes (71.4% winners). $891 total bet, $627.55 in profit, producing a 70.43% ROI.
  • LB System: 43 bets total. 29 wins, 14 losses (67.4% winners). $838 total bet, $258.39 in profit, producing a 30.83% ROI.
  • MMA picks: 31 bets total. 18 wins, 13 losses (58.1% winners). $790 total bets, $66.07 in profit, producing an 8.36% ROI. These kind of returns are much more realistic with sports betting, so I really like seeing these kinds of numbers.

I have been at this for 21 days now. That’s an average of 6.7 bets per day (again, distorted because of the large number of MMA picks on weekends, and well, just a larger number of bets on the weekends in general). My average daily profit currently sits at $51.56.

Week 2 Results: + $227.01 Profit

Week 2 is now in the books, and while I didn’t kick as much ass as I did on the first week, it was still a really great week. I’ll take 2 dimes in profit any day of the week. Hell, my goal is to make 2 dimes a month, so 2 dimes in a week is damn good to me.

Total Results for Week 2
(12/12/2016 – 12/18/2016)

I made a total of 49 bets. I won 29 of them, lost 17, and pushed on 3, giving me a 63% win percentage. Still very awesome results. I put a total of $1,006 into action, and made a net profit of $227.01. I produced an ROI of 22.57%. Outstanding.

How much money I made betting on sports this week

Breaking it down by sport

The NBA gave me the most profit, while college hoops gave me the highest return. MMA performed the worst.

Breakdown by Sport for Week 2

Breaking it down by sportsbook

MyBookie produced the most income this week, and the biggest return/ROI. The reason for that crazy-high return is because they gave me a large deposit bonus and I finally used it all up. Future returns will go back to normal amounts. Heritage Sports produced the worst results.

Individual System Results

My 3 systems all produced a profit. The one handicapper’s MMA picks I paid for produced a loss, but that’s going to happen. All I care about is that I’m making a profit over the course of the year.

FP Results

I had 3 bets this week under my FP system. 2 wins, 1 loss. $52 total bets, producing a profit of $19.67 and a 37.83% ROI. Profit is profit, and I’ll gladly take what I can get.

FP Betting System Results for Week 2

PR Results

What a great week for my PR system. I had 22 bets. 14 wins, 5 losses, and 3 pushes, giving me a 63.6% win percentage. I put a total of $366 into action, making a profit of $216.35, producing a 59.11% ROI. Damn.

PR Betting System Results for Week 2

LB Results

My live betting system didn’t do as well this week as it did last week, but still a profit. I had 14 bets. I won 9, lost 5, giving me a 64.3% win percentage. I put a total of $338 into action, and made a $65.39 profit, producing a 19.35% ROI.

Live Betting System Results for Week 2

MMA Results

Ouch. I didn’t do so well this week on MMA, but I can’t win every week. The handicapper released 10 picks. 4 wins, 6 losses. 40% win percentage. I bet a total of $250 and I took a loss of -$74.40, giving me a negative ROI of -29.76%. Oh well, it happens.

MMA Betting Results for Week 2

Cumulative Results

Since I started back on December 5, I’ve made a total of 119 bets. I’ve had 82 wins, 34 losses, and 3 pushes, giving me a 68.9% win percentage. I have a put a total of $2,385 into action, and have made a profit of $970.27, producing a 40.68% ROI. My ROI will continue to drop every week until it reaches it’s true number (it was distorted because of all the bonus money I received on my deposits). The average odds of my bets are -105.

As for the individual system/capper results:

  • FP System: 5 bets total. 4 wins, 1 loss (80% winners). $74 in total action, $58.64 in profit, producing a 79.24% ROI.
  • PR System: 48 bets total. 35 wins, 10 losses, 3 pushes (72.9% winners). $787 total bet, $580.39 in profit, producing a 73.75% ROI.
  • LB System: 35 bets total. 25 wins, 10 losses (71.4% winners). $734 total bet, $265.17 in profit, producing a 36.13% ROI.
  • MMA picks: 31 bets total. 18 wins, 13 losses (58.1% winners). $790 total bets, $66.07 in profit, producing an 8.36% ROI. These kind of returns are much more realistic with sports betting, so I really like seeing these kinds of numbers.

I have been at this for 15 days now. That’s an average of 8 bets per day (again, distorted because of the large number of MMA picks on weekends, and well, just a larger number of bets on the weekends in general). My average daily profit currently sits at $64.68. Damn, I wish that was sustainable. Who wouldn’t love to profit an extra 2 grand a month? I can’t wait to see what the true numbers are after this winning streak is over.

Week 1 Results: +$743.26 Net Profit

Well, the first week is now finished, and what an amazing week it’s been. If every week was just like this, I could easily be retired by now. Of course, it makes me really nervous, knowing what’s coming next. Anytime you go on such an awesome winning streak, the inevitable losing streak is right around the corner, waiting to bitch-slap your ass back down to Earth.

This week is also a great example as to why winning percentages don’t really matter that much; ROI (Return on Investment) is all that matters. Because 2 of my systems overlap each other (but have different lines, due to one being a live betting system), I am often betting on a game twice, which artificially inflates my win percentage.

I also made a mistake in the math on my spreadsheet, that was causing my bet/risk amounts to increase much faster than normal. I discovered the error yesterday (Sunday) morning, and corrected the bet amounts. Future growth won’t be as fast as this last week’s was, and I’m okay with that.

Alright, so let’s get down to it.

Total Results for Week 1
(12/5/2016 – 12/11/2016)

I made a total of 70 bets. I won 53 of them, and lost 17, giving me a 75.7% win percentage. Awesome. I put $1,379 into action (this is the cumulative total of all the money that I risked over the week; I didn’t risk that much on any given day), and made a net profit of $743.26. I produced an ROI of 53.9%. Like I said, if I could produce that every week, I would be retired by now. 

How much money I made this week betting on sports

Breaking it down by sport

I made the most money from the NBA this week, with the NFL providing the highest ROI.

Profit Breakdown by Sport for Week 1

Breaking it down by sportsbook

I like seeing how each individual sportsbook does for me. I have a theory that I want to test over time, but I’ll need much more data before I can do that. My theory is that certain sportsbooks will either consistently win or lose me money, so I’m curious how this will play out over thousands of bets.

BetOnline made me the most money, while Bovada provided the highest ROI. Bovada is an absolutely great sportsbook for betting the dogs.

Individual System Results

I have 3 systems that I created, and I’ve named them FP, PR, and LB. I’m also betting MMA picks from a handicapper that I pay for. There are 2 additional handicappers that I am interested in trying their picks, but I want to wait about 3 months before doing that.

FP Results

I only had 2 bets this week, and they both won. My FP system doesn’t always produce a lot of bets, but they win at a pretty high rate. The ROI (listed under ‘Return’) is incredible at 177.14%, but that’s only because I used a free-play (a deposit bonus). I’m just about out of my free-play bonuses, with the exception of one sportsbook, so my ROI will be much more realistic in future weeks. I made a net profit of $38.97.

FP Betting System Results for Week 1

PR Results

Amazing week. Out of 26 bets, I had 21 winners, producing an 86.47% ROI, and a net profit of $364.04. There is no way that is sustainable, but I’ll fully enjoy it while it’s being given to me.

PR Betting System Results for Week 1

LB Results

Also a really great week. My LB system is my Live Betting system. It does overlap with the PR system. It’s actually the same system, but sometimes with the Live Betting system, some of the plays are eliminated. Out of 21 total bets, 16 won, for a 76.2% win percentage, producing an ROI of 50.45%, and a net profit of $199.78. Simply amazing.

Live Betting Betting System Results for Week 1

MMA Results

I am currently paying for one handicapper’s picks, and he’s very good. He doesn’t always win; he’s very streaky. He’s been losing for the past few months, and pretty much won it all back and made a profit this month. That’s just how sports betting goes sometimes.

Out of 21 picks, I won 14 of them, for a 66.7% win percentage. I put a total of $540 into action, and made a net profit of $140.47, giving me a 26.01% ROI.

Great handicappers are out there, you just have to find them.

MMA Betting Results for Week 1

Cumulative Results

Since this is my first week, the cumulative results are the same as my first week results, so there’s no need for me to repeat those.

Since I first started 7 days ago, I’ve made an average profit of $106.18 per day. That’s simply incredible, but I would be a fool to expect these kinds of results to continue. I’ve made a total of 70 bets, for an average of 10 bets per day. Those results are skewed, because a lot of bets come in on the weekends, primarily because the MMA handicapper I use releases a lot of picks on fight nights (typically Friday and Saturday nights).

Closing Comments

I’m very excited about these results, even as atypical as I know they are. But still, what an incredible way to kick this experiment off. I can’t wait to see how the results level off as the losing streaks come. I know, it sounds kind of messed up; I’m actually anticipating the losing streak.

I know what all my data shows me, but data and money in the bank are 2 entirely different things. 2 years from now, my goal is to be able to quit my job and live entirely from sports betting, and the income that this blog generates. One week down, 103 to go.