Results so far: A net profit of $401 from my sports trading using Trademate Sports
It was about time for an update as my last one on my sports trading was in September last year. The period from 14 September to 17 March has seen me achieve a total profit of $401 from my sports trading. In total I have placed 484 trades. An average return of investment of 2.8% per bet, an average closing edge of 1.5%. And interestingly enough an avg. flat ROI of -0.3%. Don't pay too much attention to my balance and fund growth. It is a Saturday today so I both have some money in play and my fund growth gets skewed by deposits and withdrawals that I have made into my accounts. The total profit is what is relevant along with the in-depth stats such as ROI and closing edge.
Time spent and trades placed
Compared to last season I have spent less time betting and more time working on Trademate as a company. We've also set up a company football team for Trademate Sports, so two evenings a week go to playing football, typically Tuesday's and Wednesday's so then I tend to miss out on the CL action. We also spent a month working from abroad, where accessing bookies was not possible. As a result, my volume of trades is lower compared to last year. Still, I do my best to get in some trades whenever I have time. I have also had to make some withdrawals during the fall which reduced both my bankroll and stake sizing during this time.
My custom trades and how they affected my sports trading results.
Interestingly I have placed 10 bets in this time by myself, which were not suggested by Trademate. The results have not been good as you can see in the screenshot below. Although the sample size is not exactly huge. Maybe I would be better of being disciplined and sticking to the system. However I do like to test my own abilities to spot what I think will become an edge, so I will keep making some bets like this, usually with a small stake size so that it does not have a huge impact on my results. The important part is that it remains small compared to my Trademate bets. And that I make sure that I beat the closing line over time. If I can do the latter, then all is well. With the new version of Trademate it is now possible to register your custom trades in the game center with the odds comparison and get closing lines on them which is a great addition.
What I look for in a custom sports trade.
In general when I place trades myself I try to look for favorites in even games which I think will drop before the game starts. The last bet I had here was on Juventus to beat Tottenham Hotspurs in their first Champions League leg. By the time the game started, my trade had a +0.23% closing edge. So I was right in that the odds dropped, but my stake size of 200 NOK was too high. Still, I was happy to have money on Juve to win at home. They ended up bottling a 2-0 lead and missing a penalty for Spurs to draw 2-2. But that is just how it goes sometimes.
My sports trading results using Trademate Sports only.
If we remove my custom trades and look at my Trademate trades only, then these are my sports trading results. As you can see the results all look better including both the flat and average ROI. The flat ROI actually being positive, without my custom trades.
The Trading Europe trades from 14 September 2017 - 17 March 2018