Secrets of a Pro Gambler

Tips, techniques & advice to help you make tax-free money from Betfair (Follow me on Twitter @GreyhoundLays}

£100 Betting Bank Challenge – Wot? No video for August?

By Chris • Sep 9th, 2009 • Category: Featured, Videos, £100 Betting Bank Challenge

Some of you have noticed that I haven’t posted a video updating my progress with the £100 Betting Bank Challenge.

Whilst August was a poor month, I want to explain in this post what I am doing and why the £100 Betting Bank Challenge is going in a slightly different direction.

In August, my betting bank made an overall loss of £66-40p. This was composed of a profit of £13-66p with horse racing lays and a loss of £80-06p on greyhounds.

Now – at first sight – it would look as if the greyhound lays have had a very bad run – but appearances can be deceptive!

During August, I started a series of tests for a completely new method of laying greyhounds. I am not going to go into too much detail – but basically, there has been something that I’ve observed on Betfair as bets are matched that I have never been able to understand.

I now believe that I know the answer! And if my answer is correct, then I have found a very profitable method for making money from greyhound laying.

To give you a feel for the profit potential, 10p lays can easily produce £2+ profit per day. That may not sound much – but just scale everything up and you’ll appreciate that it should be easy to pull £60-£100 per day from greyhound laying – even with the low liquidity for most greyhound races.

I still need to do a lot more testing of my technique to ensure that it is robust and will work day-after-day-after-day.

The video in early October covering September will give you an update as to how I’m progressing.

Chris

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