We lose more days than we win. How then do we make an overall profit?
That is a very good question to ask.
To date, our percentage of winning days (i.e., days where we turn an actual profit on the day) is close to 40%. However, that means we are losing nearly 60% of the time (on a daily basis). So roughly speaking, for every 10 days, we win 4 days on average, and we lose 6 (although please understand that variance will never run as precisely as this).
The below shows our record over our first 116 days of betting. So, in 47 days, we’ve turned a profit, and in 69 days, we’ve shown a loss.
So, if we are losing more days than we are winning, how on earth do we turn a profit? That is a very good question to ask. And it’s one that definitely needs answering. Let’s examine.
The following stats, which I’ve called Feast & Famine, give a good insight as to why we’re able to stay in a nice overall profit despite sustaining more losing days than winning days.
What the above is showing is the number of days where we’ve turned either a profit or a loss by certain amounts. So in 3 days of betting activity, we’ve managed to turn a profit over and above 50 points (Betfair SP). Notice we’ve never had a day where we’ve lost 20 or more points in a single day. Our record loss recorded in a single day was -19 points, which happened on a Boxing Day 2023 bloodbath! Notice that nearly all of our losing days fall within the below -10 point range.
Let’s examine this even more closely. The following will help in this regard:
The above shows our 20 best days of betting to date, compared to our 20 worst days. So our worst day was -19 points, as already mentioned above. Our second-worst day was -10 points. However, on our best two days, we managed to score over 70 points (Betfair SP). So, in a nutshell, this is how we’ve been able to turn a very nice overall profit, even if the actual number of winning days has been outnumbered by the number of losing days. Put simply, we have been able to turn a decent overall profit because on the days we win big, we do so at plenty big enough amounts to more than take care of all the losing days.