July Update: $280.51 Profit

July could've gone either way, but I did manage to pull out a small profit. Better than a loss, though, right? I was travelling for much of July, so I kept it simple and only bet on my own systems this month. I didn't make a single bet on any of the handicappers that I follow, and I actually really enjoyed it.

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My betting volume went down a lot, but to adjust for that, I decided to increase the amount I risk per bet from 1% of bankroll to 2% of bankroll.

It was nice not having to login and place so many bets every day. Typically, games are played at nights and weekends, when I don't have as much stuff going on. It's easy to get distracted during the day, and by cutting down the number of bets I was making, I found that it became less of a chore.

So for me, even though it took me awhile to realize it, I feel much better with a lower betting volume, and a slightly higher risk per bet. Of course, I feel extremely confident in my systems, or I wouldn't be increasing the amount I wager.

July 2017 Results

I made a total of 86 bets. I went 47-39, giving me a 54.7% win rate. I put a total of $11,299 into action, and made a net profit of $280.51, producing a 2.5% yield.

Converting that to units (or points), I risked a total of 86 units, and made a profit of 2.14 units.

How much money did I make this month betting on sports?

​Breaking it down by sport

I did the best in MLB, and I did the worst in the WNBA.

Profit by sport breakdown

​Breaking it down by sportsbook

I made the most money at Pinnacle, while I lost the most money at BetOnline. I made most of my bets at BetOnline.

CF Betting System Results

I didn't make any bets for my CF system. It was losing too much, so I put it on pause until August.

Live Betting System Results​

My live betting system had a bad month, but I guess it was due anyway. I can't expect a system to win month after month, and never lose.

I had 45 bets for my live betting system, and went 22-23, giving me a 48.9% win rate. I put a total of $5,895 into action, and I made a net loss of -$484.88, producing a -8.2% yield.

WAF Betting System Results​

Last month, I said I was just going to track my WAF system until I got more data behind it. I saw how well it did last month, so I decided to jump back onboard and bet the picks. I'm definitely glad I did, because it cleaned up!

I had 41 bets, and went 25-16, giving me a 61% win rate. I put a total of $5,404 into action, and I made a net profit of $765.39, producing a 14.2% yield.

MMA Greed Results​

I didn't make any bets for my MMA Greed system, because I just don't have sufficient data yet to have full confidence behind every bet I make. The system did incredibly well for a few weeks, then had 2 losing weeks. It's still profitable, but I decided to hold off and keep tracking my data until I can confidently say that I know the system will be profitable.

I'm pretty sure it will be, but at this point, I'm not ready to put my money behind a "pretty sure" thing. Just as I have with my other systems, I've already noticed a pattern in my data that is proving to be quite profitable. I'm just going to keep monitoring that pattern to see if it continues to produce a profit.

Cumulative Results​

Since I started back on December 5, 2016, I have made a total of 2,395 bets. My total record is 1304-1050, giving me a 55.4% win rate.

I have put a total of $106,721.50 into action, and have made a net profit of $4,591.15, producing a 4.3% return on turnover. My Return on Capital is 207.74%.

Converting that to units (points), I've made a total profit of 103.03 units, which is about a +0.43 unit per day profit (11.9 units average monthly profit).

The average odds of my bets are -105, and my average bet size is risking $44.79.

I have made the most profit in MLB, with MMA coming in 2nd, and NBA trailing in third. NHL has produced the worst return for me, but only because of a really bad handicapper that I went with.

I made the most money placing my bets at BetOnline, and I've lost the most money at Ohmbet. I've made the most of my bets at BetOnline, with Pinnacle coming in 2nd, and 5Dimes in 3rd.

Here's the active systems/handicappers that I'm currently using:

Wins  

Losses  

Win
Rate

Total
Risked

Total
Profit

Yield

WAF System

25

19

56.8%

$1,918

$100.02

5.2%

CF System

108

98

52.4%

$8,816

-$262.43

-3%

Live Betting

272

200

57.6%

$18,730

$1,649.75

8.8%

MMA Greed

26

10

72.2%

$4,799

$793.79

16.5%

And here's the results for the inactive systems/handicappers:

Win  

Loss  

Win
Rate

Total
Risked

Total
Profit

Yield

PR System

96

58

62.3%

$4,562

$964.14

21.13%

PCG

166

205

44.7%

$17,893

-$2,142.97

-11.98%

The Sports Geek

94

97

49.2%

$8,529

-$398.55

-4.67%

Guillermo Sanz

105

62

62.9%

$4,019

$906.60

22.56%

Sports Insights

75

77

49.3%

$3,468

$99.93

2.88%

Bookie Insiders Tennis

1

4

20%

$158

-$91.44

-57.87%

Bookie Insiders US

13

16

44.8%

$1,016

-$103.08

-10.15%

Banker Value Picks

11

11

50%

$710

-$93.72

-13.2%

Bookie Insiders MMA

10

4

71.4%

$617

$132.21

21.4%

Banker Bets

40

4

90.9%

$1,818

$454

25%

MMA Betting Tips

37

16

69.8%

$2,412

$156.34

6.5%

Bookie Insiders Soccer

32

24

57.1%

$2,026.50

$177.40

8.8%

Custom2006 MMA

100

83

54.6%

$7,615

$679.16

8.9%

Well, I have been at this for 242 days now. That's an average of 9.9 bets per day. My average daily profit currently sits at $18.97, which is an average monthly profit of $577.06.

As for the Profit Performance graph, just as it always has been, it's so incredibly predictable. It goes up, it goes down. Like clockwork. I love how reliable it has become.

The losing streaks don't even phase me anymore, because I 100% sure that a nice winning streak is right around the corner, and it's going to win back everything I lost, plus produce a nice profit.

Performance Chart

I'm really excited that August is finally here!

The fall is the best time for an American sports fan. NFL and college football start back up, followed by NBA and college basketball. And of course, the MLB World Series.

Betting volume drops off in the summer, after many handicappers tend to slow down until football season starts back up. September through April are the golden months. May through August aren't very exciting at all. MLB is such a long season, and it definitely has its ups and downs.

This year, MLB hasn't performed as well for me as it has in previous years. It's still profitable for me, but I would've rather made more profit than it has so far.

I really can't wait to see how well my systems do the remainder of the year. I started this back in December of 2016, so I don't have any official data to see how September - December are going to do. I'm sure they'll perform just as well as expected!

About the Author Steve

Steve firmly believes that most meals can be improved with mac n cheese. When he’s not helping people make money betting on sports, Steve loves mountain biking, playing video games with his son, & annoying his wife. He also drinks green smoothies, but don’t hold that against him. Oh, and he’s a big Dallas Cowboys fan. Don’t hate.

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