Tuesday, April 27, 2010

Round 5 Results

Head-to-Head tips correct: 5 out of 8
Total for year: 24 out of 40

Betting results:
TeamOutcomeWinnings
W.BulldogsW$9
SydneyW$17
BrisbaneL-$100
CollingwoodW$31
HawthornL-$100
FremantleW$4
CarltonW$350
Total ($700 outlay)$211 profit
Percentage Return30% profit

Thanks to a great victory by Carlton we had a great return for the round, and are actually back in front for the season so far.

After 5 rounds, $3800 worth of (theoretical) bets have been placed, for a profit of $162... a 4% return. OK, its not great, but I am in front. At the end of the season I also need to analyse the spread of bets and see where losses can be minimised. For example, the first 3 rounds are difficult to predict because the form guide is vague. So avoiding these round will help improve profit overall.

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