Thursday, May 27, 2010

Round 10 Predictions

MatchPredicted OddsAvailable OddsPredicted WinnerSuggested Bet
Essendon
W.Bulldogs
100
1.00
3.17
1.36
W.Bulldogs
by 28 pts
W.Bulldogs
Geelong
Melbourne
1.00
100
1.05
10.20
Geelong
by 46 pts
Geelong
Port Adel.
Richmond
1.15
7.69
1.19
4.75
Port Adel.
by 19 pts
Port Adel.
Brisbane
Collingwood
100
1.00
3.65
1.29
Collingwood
by 26 pts
Collingwood
St. Kilda
Adelaide
1.00
100
1.24
4.10
St. Kilda
by 43 pts
St.Kilda
Hawthorn
Sydney
2.00
2.00
1.30
3.55
Sydney
by 1 pt
Sydney
Carlton
West Coast
1.04
25.0
1.20
4.60
Carlton
by 32 pts
Carlton
Fremantle
North Melb.
1.25
5.00
1.11
6.70
Fremantle
by 40 pts
North Melb.

Wednesday, May 26, 2010

Round 9 Results

Head-to-Head tips correct: 1 out of 8
Total for year: 42 out of 72

Betting results:

TeamOutcomeWinnings
CollingwoodL-$100
Nth.Melb.L-$100
SydneyL-$100
MelbourneW$135
RichmondL-$100
BrisbaneL-$100
CarltonL-$100
West CoastL-$100
Total ($800 outlay)$565 loss
Percentage Return71% loss

What a shocker!!!

Thursday, May 20, 2010

Round 9 Predictions

MatchPredicted OddsAvailable OddsPredicted WinnerSuggested Bet
Collingwood
Geelong
1.79
2.27
2.07
1.76
Collingwood
by 1 pt
Collingwood
Nth.Melb.
W.Bulldogs
2.00
2.00
3.80
1.27
W.Bulldogs
by 1 pt
Nth.Melb.
Sydney
Fremantle
1.69
2.44
1.71
2.15
Sydney
by 2 pts
Sydney
Melbourne
Port Adel.
2.27
1.79
2.35
1.60
Port Adel.
by 3 pts
Melbourne
Essendon
Richmond
2.00
2.00
1.26
3.90
Richmond
by 1 pt
Richmond
Adelaide
Brisbane
6.25
1.19
2.22
1.66
Brisbane
by 20 pts
Brisbane
Carlton
Hawthorn
1.00
100
1.37
3.12
Carlton
by 44 pts
Carlton
West Coast
St. Kilda
1.56
2.78
2.00
1.82
West Coast
by 1 pt
West Coast

Wednesday, May 19, 2010

Round 8 Results

Head-to-Head tips correct: 4 out of 8
Total for year: 41 out of 64

Betting results:

TeamOutcomeWinnings
CollingwoodW$82
SydneyL-$100
MelbourneL$100
BrisbaneL-$100
AdelaideL-$100
RichmondL-$100
Port Adel.L-$100
EssendonW$200
Total ($800 outlay)$318 loss
Percentage Return40% loss

Pretty bad week for tips and bets.

Thursday, May 13, 2010

Round 8 Predictions

MatchPredicted OddsAvailable OddsPredicted WinnerSuggested Bet
Fremantle
Collingwood
2.27
1.79
2.04
1.82
Collingwood
by 1 pt
Collingwood
W.Bulldogs
Sydney
2.00
2.00
1.63
2.32
W.Bulldogs
by 1 pt
Sydney
Melbourne
West Coast
1.25
5.00
1.35
3.25
Melbourne
by 3 pts
Melbourne
Brisbane
Geelong
2.00
2.00
3.50
1.31
Brisbane
by 2 pts
Brisbane
Nth Melb
Adelaide
2.00
2.00
1.65
2.30
Nth Melb
by 2 pts
Adelaide
Richmond
Hawthorn
2.00
2.00
5.00
1.17
Hawthorn
by 1 pt
Richmond
Port Adel.
Carlton
1.67
2.50
1.85
2.00
Port Adel.
by 16 pts
Port Adel.
St. Kilda
Essendon
1.82
2.22
1.40
3.00
St. Kilda
by 6 pts
Essendon

Wednesday, May 12, 2010

Round 7 Results

Head-to-Head tips correct: 6 out of 8
Total for year: 37 out of 56

Betting results:
TeamOutcomeWinnings
W.BulldogsW$25
West CoastW$64
Port AdelaideW$110
Nth.Melb.L-$100
BrisbaneL-$100
SydneyL-$100
RichmondL-$100
Total ($700 outlay)$201 loss
Percentage Return29% loss

Results were not so good this week. I'm beginning to see a pattern of risk with betting on the outsiders - especially using the fixed price betting method. Interestingly, using Kelly betting, the result was only a 1% loss for the round.

I'll continue to display results for fixed bets for now, but if this trend continues I'll switch to reporting on Kelly bets.

Thursday, May 6, 2010

Round 7 Predictions

MatchPredicted OddsAvailable OddsPredicted WinnerSuggested Bet
Melbourne
W.Bulldogs
100
1.00
4.15
1.25
W.Bulldogs
by 35 pts
W.Bulldogs
West Coast
Hawthorn
1.00
100
1.64
2.30
West Coast
by 14 pts
West Coast
Essendon
Port Adel.
2.50
1.67
1.76
2.10
Port Adelaide
by 10 pts
Port Adelaide
Collingwood
North Melb
1.49
3.03
1.21
4.60
Collingwood
by 29 pts
North Melb
Brisbane
Fremantle
1.00
100
1.48
2.75
Brisbane
by 26 pts
Brisbane
Geelong
Sydney
1.39
3.57
1.29
3.75
Geelong
by 24 pts
Sydney
Adelaide
Richmond
1.33
4.00
1.23
4.25
Adelaide
by 26 pts
Richmond
St. Kilda
Carlton
1.47
3.13
1.44
2.85
St. Kilda
by 15 pts
none

A few outsiders (North Melbourne, Sydney and Richmond) to take a punt on this week, although only in the Port vs Essendon match does my system predict a different favourite going into the game. No margin available on the Saints vs Blues matchup.

Wednesday, May 5, 2010

Round 6 Results

Head-to-Head tips correct: 7 out of 8
Total for year: 31 out of 48

Betting results:
TeamOutcomeWinnings
St.KildaW$110
Nth.Melb.W$106
AdelaideL-$100
BrisbaneL-$100
GeelongW$2
CollingwoodW$55
FremantleW$42
Total ($700 outlay)$115 profit
Percentage Return16% profit

Another successful round - that's 3 winning weeks in a row.

The results I have been showing in this blog are from using a fixed bet strategy. That is, each bet placed is for $100 and does not vary. Under this strategy, regardless of the odds predicted or the odds available on the game, the bet is always the same.

Another popular strategy is called Kelly betting. This involves adjusting your bet according to the odds available for the match, and what is predicted. I have been recording the results of this strategy too, so I'll post a summary of this at some stage - probably around the mid-season mark.

As a sneak preview, I can tell you that using Kelly betting so far has resulted in a much better return. After the first 6 rounds, fixed betting has yielded a 6% return on investment. ($4,500 bet for a $277 profit) whereas Kelly betting has produced a 17% profit ($2,196 bet for $380 profit). I'll provide more details of Kelly betting in the coming weeks.