The Week that Was

Welcome to another week of Pete’s profits, an opportunity for matched bettors to compare their own profit numbers and evaluate their own success as a matched bettor. By my own admission I’ve been pretty slack, resulting in a disappointing outcome for the week just gone.

Horse Racing

The last few Saturday’s have either seen me perched up on the couch or at a pub with mates taking in all the racing action, making the most of all the promotions available via the bookies. However on the Saturday just gone, fresh off the exhilaration and ecstasy of Collingwood’s upset win over Richmond on Friday night, I found myself having a few cheeky beverages whilst watching a couple of local footy Grand Finals down here in Hobart. This was an extremely difficult situation to be able to properly undertake matched betting. I like to be able to have the bookie up on my phone with Betfair up on the iPad or Laptop. With only my phone with me at the Footy, it’s difficult to switch between them given the odds can change so drastically just before each race. I did the first few races with no real success before giving up and succumbing to the scenario I had placed myself in.

Those who were free and able to do matched betting earlier in the week on Wednesday may have had some decent success. I was able to acquire a number of bonus bets from Sportsbet, Neds and Beteasy, turned over into what resulted as over half my overall profits for last week.

AFL and NRL

Four matches over both competitions on the weekend, three of which were very one-sided contests which isn’t what matched bettors like to hear. The only somewhat tight one didn’t bring anything either as the Roosters triumphed 12-4 over the Rabbitohs.

Perhaps the most frustrating thing was that I wasn’t able to predict both Preliminary Finals matches in the AFL, meaning I didn’t take advantage of Sportsbet’s double winnings in bonus bets. Although my heart said Collingwood, my head said Richmond as they went into the game overwhelming favourites. I also thought Melbourne’s wave of momentum would get them into the granny, only for the game to be over very early as the Eagles won comprehensively.

My Weekly Matched Betting Profits

My profits for the week ended up at a very lowly $259.61, not surprising given what occurred on Saturday. This certainly provides an example that the potential profits to be made are certainly determined by how much time you’re willing to spend. I’m not expecting too much either this upcoming week, most of my attention turned to my beloved Pies ahead of Saturday’s decider.