Monthly Summary for ‘Project Profit’
|Monthly P/L:||+£810.40 (Month of November 17)|
|Total Bankroll:||+£3860.60 (+286.06% Growth)|
|Tipster Services Recorded:||Big Race Bookie Busters, Golf Betting Expert & The Each Way King
|Bookmaker / Exchanges:||Betfair used only.|
|Amount Staked:||£10/unit. Starting from 30/10/17 our team will stake 1% of total bankroll per unit as this allows the investment to scale. This helps negate losses during bad runs and equally maximise profits during good runs.|
November Results Breakdown:
Another profitable month meaning the total bankroll growth since the start of this project now stands at just over 286%. In terms of November specifically two of the three tipster services followed made a moderate loss (between £110 – £220 each). These were the horse racing services ‘Big Race Bookie Busters’ and ‘The Each Way King’
The ‘Golf Betting Expert’ service had a stellar month mainly powered by a 80/1 winner with Wade Ormsby. Officially that service recorded a profit of +£1260 for November. The figure our team achieved using solely Betfair SB and Exchange was slightly lower. A word of caution with this service – it has many followers and getting the quoted price requires access to multiple bookmakers and to act quickly before the odds shorten.
Most popular tipster services have the issue of odds shortening due to a large number of followers – that’s to be expected. However the movements are normally relatively small. That unfortunately isn’t the case with Golf Betting Expert. The selections are normally at such high odds that the movement is considerable. For example 80/1 to 33/1 which makes a significant impact to profit achieved. That said – our team managed to achieve a profit of just over £1000 from the service. This relied on the sportsbook though. Highly unlikely to find enough liquidity on an exchange and the concern regarding account restrictions is still high on our agenda. This will be monitored closely as the project progresses.
Get 30 Days Access to Golf Betting Expert for £1 with the option to cancel at any time. This tipster is on the Betting Gods network which is a significant positive.
What is Project Profit?
is an experiment to see how practical and realistic it is to make a living from following the advisory sent by verified sports tipsters. The team behind Checkatipster will follow the selections provided by the highest rated tipster services that have achieved a high score and rating from extensive proofing and analysis.
This project will run continuously; commencing in late 2017. A summary of results will be provided in the footer of this page and will be updated regularly. Profit recorded will be the actual results achieved by following advisory using Betfair Sportsbook and Exchange exclusively. The decision was made to only use this service as it’s the most accessible bookmaker and covers all required sports and markets.
Which Tipster Services?
- Big Race Bookie Busters – Full Results
- Golf Betting Expert – Performance Report
- The Each Way King – Full Details
The objective of ‘Project Profit’ is to analyse how feasible it is to use a small tipster portfolio and a Betfair SB & Exchange account to make a reliable income. Over time the tipsters used will change until the best performing combination is found. The selected services may not be the most profitable on paper but other factors such as market liquidity and odds movement have to be considered. In other words how practical is it to follow the tipsters with real bets to make a significant income.
Full details regarding Project Profit including overall results are available here.