The Thoughts of Chairman Alfie

A blog about Life, the Universe and Betfair.

Name:

Happy with life. Healthy.

Saturday, March 31, 2007

A Sweaty 100k Accumulator

Most OLBG regulars know I hate accumulators but theres one guy who loves them and is sweating on a life changing win, Mr Swashbuckler.



He stands to win 100k if the last 4 legs of his 12fold goes in. Should he lay off now or let it ride?

4 legs left;
INTER MILAN=5/6 SERIE A - current BF lay price 1.01 :-)
BARCELONA= 5/13 LA LIGA - current BF lay price 1.35 :-)
MORTON =6/5 SCOTTISH DIV 2 - current BF lay price 1.35 :-)
AND FINALLY TOTTENHAM=13/8 WITHOUT TOP 4 - current BF lay price 3.35 :-)


I will watch with interest?

Sunday, March 25, 2007

Sunday 25th - the joys of spring

We remembered to turn the clocks back and headed for the beach nice and early. Beautiful weather for March. I love the sound of those razorfish shells breaking as you walk on them. We also identifed the dolphins we saw last weekend (in the North Sea!!) -they were "Harbour Porpoise" a type of whale growing up to 2 meters longhttp://en.wikipedia.org/wiki/Harbour_Porpoise .

OLBG went well yesterday as did real money betting (2 bets only !! layed eng ht/ft @3.10 and traded the unders in the CZ v Germany game backing @1.85 and laying @1.60)

Hopefully my ironic/sarcastic comment on the OLBG footie thread yesterday put everybody off the "banker" treble of Engalnd, Holland and France. Only 1 goal in those three games. Banker with a capital double-U :-) There is no such thing as an easy international anymore and no such thing as a rich patriotic English punter.

I did an OLBG tip on Malta to win the Asian Handicap +1.75 away to Moldova. They led 0-1 until the 85th minute when Moldova equalised. Reason for the OLBG tip? My mate in Malta was telling me how a bet on Moldova @1.44 was "free money". In that phrase lies a goldmine. Lay the bet anytime someone tells you its free money !! Might start doing it with real money. I actually saw Malta's last game on TV, away to Austria and they played well, taking an early lead - eventually losing 3-1 I think. The TV was in a bar in Vienna which made the shock goal even more satisfying.

OLBG tips today started well with Craven winning the 3:10 Taunton and the fav losing @1.66. Scary doing a win and lay in the same race but I've made a profit the last 3 times I've done it (insert fingers crossed icon).

Feedback welcome, as are promises of cash for my OLBG charity trading challenge !!

Friday, March 23, 2007

Its been a funny old year

I let the blog go silent for almost an entire year - shame on me. But I am back fulltime from April 13th almost a year and a day after my last post here.

What have I learnt in the last year;

- every successful long-term strategy I have found includes an element of trading

- betfair historical data is useful but a pain in the harse to analyse. Once the event finishes it is difficult to track how the prices changed over time, and what volumes were matched. I spent weeks trying to get to grips with the Premier League HT and scores markets. Data size and lack of good time related data was a real problem.

- that my discipline is strong. I have been very selective and its working.

What will the next year bring?

- well I am going to start with a charity challenge in conjunction with OLBG. More details to follow, but hopefully I will raise a few quid for a worthy cause and educate a few others. Lets hope its more red nose day than red face day ! I am hoping that by including a charity element the Gambling Gods smile down upon me. Contributions from OLBG members are expected, especially if they want advance notice of what bets I have done rather than an end of day summary. Ant & Co have already promised 200 quid - cheers guys.

- hopefully I can avoid the four word stuff WORK. The rat race is for rats not intelligent people.

- second income streams are vital. I have in the past been critical of tipsters charging for their tips so I am not sure how I will solve this moral dilemna. Maybe just offering 1-2-1 sessions to people wanting to improve their gambling will be sellable, but I know you can't teach discipline and thats the vital element to long-term success. Maybe affiliate links, but most would be pro's are already fully loaded with new accounts. Maybe I should write my second book? My first was a limited edition of one, as a gift to The Love Goddess.

Anyway folks, feedback welcome.