February 07, 2013

Sports betting recap - January 2013

Total balance of betting accounts in January: -79.04%

The scores were definitely not in my favor. If I didn't bet with a pocket money, I could rename this blog to something like "How to Lose a Fortune by Gambling". Major European football and ice hockey leagues are now on a short break, and I have some time to catch my breath after this small scale disaster on my betting bankroll. What's worse, I can't tell what exactly went wrong. The first half of January was so bad, that I decided not to continue my current strategy. I may have missed some wins in the second half, but by no means enough to cover the losses. January was just somehow quite different.

I haven't too much confidence left after these results. This seems to easily lead into picking the wrong games and passing the right ones. So, I plan to take it quite easy for the moment and maybe work on some new approaches. I do follow NHL and keep betting on some games. I expected NHL to be a challenge and this seems to be true. The small tool I wrote is helping me to spot the trends better. It's also useful in looking back at what worked and what didn't. So, I definitely plan to utilize the tool more and keep adding new features to it.

I don't know if this has been exactly fun, but it has surely been a learning experience.