I made the decision tonight to get the ball rolling with this project as I’m fed up waiting around. I’ve also decided to look to trade and gamble on other sports as well as horseracing. Obviously, this may prove a stroke of genius or may be a desperate attempt to make this project work, only time will tell.
I’ve a little bit of knowledge of golf which was built up from playing a fantasy golf game last year. Therefore, I’ve decided to play the USPGA golf win market every week.
I have 2 distinct strategies that I will use on weekly basis:
Ø I will lay Tiger Woods every week he plays. This is simply due to the fact that I think he represents poor value every time he plays.
Ø I will look to generate as many risk free bets as possible before the tournament starts. This is quite easy to do on outsiders in the golf markets. I am looking for one of my risk free bets to win over the next 52 weeks to generate me a profit.
Lastly, thanks for all the votes in my poll. Thinking back, I should have made the poll something like “do you think I will make a profit over the 12 months?” as it’s clear that confidence in my ability to make a profit is pretty low.
Just for information purposes, the final results of the poll are:
<£10k – 27 votes (73 %)
£10k - £20k – 7 votes (19%)
£20k - £30k – 1 vote (3%)
£30k + - 2 votes (5%)
I personally voted for £10k - £20k and nothing has happened yet to change my mind. I’m hoping that I can prove a few people wrong but time will tell!
I’ll try to post up the free bets I’ve generated for the golf (if any!) before the tournament starts.
I won’t start trading on the horseracing now until Monday next week, but I’m looking forward to it already……….