The Sports Trader

Wednesday 4th July 2007

Sorry for the late update which was due mainly to me not feeling too good, so I had an early night. This may also have had a little to do with my performance which was pretty bad.

My day had started with the Peru v Bolivia football match in the early hours of the morning. I had missed the start of the match and decided to back the under 2.5 goals with £290 @ 2.00 I had put a lay up for the whole amount at 1.91 but only had £90 matched by the time the next goal was scored. I had to take a telephone call and by the time I got back to the match 3 goal had been scored. I did look around to see if I could salvage the situation on any other markets and had a few trades on the match result. I had got a very healthy potential profit on Bolivia but the game ended in a draw and therefore only made £2. So my day had got off to a loss of £198.

With only race meeting beating the weather in the afternoon and low liquidity, it was not looking to be a great day. I started with 2 small winning trades. Then in the 17:05 at Catterick I backed Turn Of Phrase for £100 @ 1.20 and a further £100 @ 1.05 to result in a profit of £25.

Next came another 2 small winning trades. My day got a lot worse with the 19:00 at Leopardstown where I had backed Minneapolis for £290 @ 1.30 when in the lead and inside the last furlong, but with 100 yds to go he was headed, and with no possibility of trading out of the situation this cost me £290.

In the 19:50 at Kempton I laid Plane Painter for £29 @ 13.00 to result in a profit of £29. Next was the 20:50 at Kempton and here I laid Thorny Mandate for £10 @ 13.00 for another £10 profit.

My final race trade of the day was in the 21:20 at Kempton where I laid Young Bertie for £2 @ 10.00 and Mine The Balance for £12 @ 48.00 to result in a profit of £14.

My day had finished with a loss of £398.

Tuesday 3rd July 2007

Well it looked like the Sports Trader was going to have a very bad day after my first trade, but I recovered the situation and ended in positive territory after trading on 7 horse races, 1 cricket match and 1 football match.

My day started with the 15:15 at Hamilton where I laid Mayadeen for £79 @ 8.00 when being driven to try to close on the leaders and making no impression. However this trade was a little premature, as soon after he picked up and went on to win by half a length to cost me £554. I followed this with a small winning trade.

My next trade was on the 19:00 at Lingfield where I laid Rio Princess for £11 @ 3.70 to result in an £11 profit.

The best result of my day came in the 19:30 at Lingfield where I backed China Cherub for £189 @ 4.06 to recover all of my earlier loss with a profit of £578.

In the 19:45 at Thirsk I laid Zhitomir for £10 @ 16.00 to give me a £10 profit and in the next at Thirsk I laid Jibajaba for £26 @ 12.00 for a £26 profit.

My last race trade of the day was in the 20:30 at Lingfield where I laid Bold Argument for £28 @ 18.00 for a profit of £28.

My race trading had finished with a profit of £101.

As soon as the racing had finished I thought I would have a look at the Sussex v Essex Twenty20 Cricket Cup match. I started with a back of Essex for 334 @ 2.27 and laid off at an average of 1.87 and then in the second last over and with the fall of another wicket I backed Sussex for £756 @ 1.06 to result in a profit of £42.

Later I traded the USA v Poland under 20 football match. With the score at 3 - 1 to USA I backed USA to win for £327 @ 1.14 and laid off at 1.01 after the USA scored another goal. This resulted in a profit of £46. I then decided to back No 7th goal for £75 @ 1.82 and put up a lay at 1.65. Before my lay had been matched another goal was scored to cost me £75.

My day had therefore finished with a profit of £113.

Monday 2nd July 2007

The Sports Trader got a new week off to a good start after trading in 11 horse races and 1 football match with no losing trades.

I started my day with a small winning trade in the 15:45 at Pontefract. In the 16:00 at Wolverhampton I backed Phoenix Flight for £105 @ 1.10 and a further £164 @ 1.02 to result in a profit of £14. I followed this with another small winning trade.

In the 16:45 at Pontefract I backed Circle of Love for £50 @ 1.60 and £87 @ 1.10 to result in a profit of £39.

The best result of my day came in the 18:30 at Goodwood where I backed Mythical Charm for £500 @ 1.25 when taking the lead to result in a profit of £125.

In the 18:40 at Windsor I backed Luscious Lips for £91 @ 1.30 for a £27 profit and I followed this with another small winning trade.

Next was the 19:30 at Goodwood where I backed Purple Emperor for £20 @ 1.50 and £347 @ 1.01 to result in a profit of £13. I finished my race trading with 3 more small winning trades.

I had finished my race trading with a profit of £228.

I had a small trade on the under 2.5 goals market in the Gambia v Mexico under 20 football match. I started with a back of the unders of £144 @ 1.58 and laid off at an average price of 1.34. I then started to green up with a £5 lay @ 1.32 just before the third goal was scored so I finished the match with a £5 profit.

My day had finished with a profit of £233.

Sunday 1st July 2007

The Sports Trader has had a very quiet day today mainly due to going out with Oliver and Jennifer for Sunday lunch and then because I watched most of the Concert for Diana, which I wish had lasted another 30 minutes as it would have saved me giving up most of the days profits on a football match. I have always had a soft spot for Lady Di and to me she was exactly how a true Princess should be, not only was she truly beautiful, but she was a very caring and giving person that used her status and fame to the benefit of so many poor and sick people throughout the World. Todays programme was a fitting tribute to her on what would have been her 46th birthday and almost the 10th anniversary of her death.

My day started in the early hours of the morning where I traded the under 2.5 goals market of the Venezuela v Peru football match. I only got involved late in the match when I backed the unders for £262 @ 1.57 and laid off at between 1.44 and 1.32. Later with less than 5 minutes to play I backed the unders for a further £217 @ 1.24 to result in a profit of £88.

I only traded on 7 horse races today and they all ended in small profits.

After the Lady Di concert I watched the Brazil v Chile football match. I backed the under 2.5 goals when the score was 0 - 0 for 167 @ 1.83 of which I laid off £67 @ 1.68 and £100 @ 1.62. Later in the match I backed the unders for £194 @ 1.13 and had laid off £154 @ 1.08 when the second goal was scored. I then backed the unders for £62 @ 1.41 and had already submitted a lay for my outstanding liability of £102 @ 1.37 and watched the delay countdown clock tick to 1 second when the third goal was scored. So I was 1 second away from having no liability but as it happens I lost £102. I did have a s,all trade on the under 3.5 goals but with so little time left to go could only make a small profit.

My day therefore ended with a profit of £6.

This has been a good week, with no losing days and only 4 losses out of the 70 trades that I had and resulted in a profit for the week of £1793.

Saturday 30th June 2007

The Sports Trader managed to finish the month off in style today and ended up trading 15 horse races and 1 football match with just 1 loss, all be it, quite a big one.

My day started with the 15:15 at Chester where I laid Yakimov for £10 @ 4.00 to result in a profit of £10.

In the 14:30 at Windsor I backed Impromptu for £105 @ 1.89 to result in a profit of £93. I followed this with a small winning trade.

My next trade was in the 15:00 at Newmarket where I laid Group Captain for £96 @ 6.00 to result in a profit of £96.

The best result of my day came in the 15:05 at Windsor where I backed Winged Cupid for £349 @ 2.50 to result in a profit of £523.

Next was the 15:20, Northumberland Plate, at Newcastle where I laid Sentry Duty for £50 @ 20.00 and also laid Monolith for £8 @ 44.00 to result in a profit of £58. I followed this with 3 small winning trades.

Juniper Girl (far side) beating Macorville by a short head to land the Northumberland Plate.

Then came my only loss of the day which was down totally to lack of concentration on my part. I was reading my emails and then decided to lay Out for a Stroll for £40 in the 17:10 at Newmarket, when in fact I had some how managed to lay Mugeba for £40 @ 9.80 to cost me £352, ouch. I did try to cancel as soon as I had hit the submit button but the way the Betdaq site works at present you can not cancel an order even if you change your mind once you have submitted the trade, instead you have to wait for the trade to enter the exchange and then you can cancel if your trade has not been matched. Almost every time I make a mistake the bet does go through and gets matched.

My next trade was in the 17:20 at Windsor where I laid Fangorn Forest for £8 @ 275.00 and backed Sister Maria for £382 @ 1.02 to result in a profit of £16. My next trade was another small winning one.

In the 17:45 at Lingfield I laid Alnwick for £121 @ 44.00 inside the final furlong but when well held to result in a profit of £121. I followed this with a further 2 small winning trades which ended my race trading for the day and I finished the day with a profit of £590.

I switched on the Bolivia v Uruguay football match after racing and had a small trade on the under 2.5 goals market with 38 minutes on the clock. I backed the unders for £256 @ 1.35 and laid all off @ 1.29. I then backed the unders for £67 @ 1.23 which I laid off at 1.19 just on the half time whistle to leave me with a profit of £18. I didn't trade the second half as I decided to go into Glasgow for a while.

So my day had finished with a profit of £608.

My result for the month is a healthy profit of £5250, which, considering I made a loss last week is a good effort.

After returning from my night out at around 12:30am I traded on the Venezuela v Peru football match which also ended in a profit, but as the game finished in the early hours, I will report the profit in tomorrows trading update.