Bet Journal - week 16 result update

In order to avoid losses and build on what has been achieved, my portfolio has undergone changes in both betting strategies and participants because I do not want to fall into situations where there is no escape. Last week I added а new tipster in my bet journal whose name is Rosso27, and with his impressive results, he becomes the leader of the tipster competition on Bettingmetrics (where everyone can join for free). My move came after the attempt to change the trend and to increase my betting bank.

Last week I placed 134 bets, 74 of which were winning. The week contained football events and tennis tips but they were not profitable for me. In week 16 I lost £97 with a negative ROI of 2%.

Week 16 Profit&Loss graph:

Although my betting portfolio is not performing exceptionally well so far I am quite happy with the time I spend on a daily basis to place and track my bets. On average I spend no more than 30 minutes per day to maintain my betting portfolio. 

Since the time is the most valuable commodity as you can imagine I always have my focus on improving my efficiency. Therefore I would like to underline that I use Bettingmetrics odds comparison to place and track bets simultaneously directly from one single interface.  

Here is a brief  break down of the performance of each tipster from last week:

The new tipster in my portfolio - Rosso27 suggested 19 tips last week, 9 of which were winning. I placed all of them with a stake of £30 but this generated me a weekly loss of £74 with a negative ROI of 13%. I analyzed the first week of Rosso27 participation in the betting journal, and I noticed the good signs of value in his tips as on a few occasions his suggested odds beated the closing line odds provide by major bookmakers such as bet365. His average odds are 2.00, which predisposes for long-term profit if you follow him with the right money management strategy.

Park-Life-Tips had another great week and I avail from that fact. He provided 21 tips and generated me a weekly profit of £114 with a positive ROI of 18%. His August performance continues in September, and from the beginning of the journal he generated me a profit of £2473, a commendable fact. During his participation in my betting portfolio, he always suggests value-oriented tips with average odds of 2.60, which I reckon is a long-term approach that I am confident will results in consistent profits and happier days. Now, Park-Life-tips is at position 7 in the Bettingmetrics free tipster competition, but if he succeeds to keep his very good performance until the end of the month, for sure this will help him to climb in top 3.

PLT tips