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.

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. Oh, and he's a big Dallas Cowboys fan. Don't hate.

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