Apologies for the lack of posts, been busy the last few days, blogging takes a low priority :o)
Saturday as predicted was another miserable day, the football app made a loss of £242 and various other sports gave me a loss of £297 in total on the day. The only silver lining was a profit of £9 from the horses. I was a bit unlucky with the football though to be fair, I missed out on a couple of potential huge wins, Man U got a very dubious penalty to go into the lead and if the Arsenal v Hull game goals and gone in a slightly different order then it would of been a very pleasing day indeed. Just to rub salt into the wounds I noticed the next day that Barcelona had got beat 1-0 away, I was surprised that my app hadnt placed any bets on this game and it was only then that I noticed that the app had fallen over early in the evening, the Barcelona result could of well turned things round for the day :o(
Sunday saw things get back on track. Football saw a profit of £290 as finally the bets that I was placing started coming in, I work on value odds so I know sooner or later if the bets I'm offering are poor value then I will win over time. It can just get a bit demoralising though if you suffer losses day after day. Horses made a loss of £20 which was disappointing.
Yesterday saw another comeback. Football made a very pleasing £335, not bad for a Monday with little action! The horses also had an excellent day with a profit of £52, thats more like it.
I'm in a dilemma with the horses, I'll let the current app run as it's in profit so no harm there. I'm not sure whether to embark on writing another app for it though, I've tried writing automated trading apps before and they've come to nothing. Writing apps can take weeks/months of effort and tweaking, it's hard to give up on something after spending so long on it. So I have to decide whether I try writing another app based on an idea I have or try and come up with something different, decisions decisions....
I like the notion of value odds, some people dont believe in them but my football based app proves to me that laying poor odds makes good profit over time. It also means you can have a straight bet on something based on the data you have produced and dont have to sit there sweating on trading it out. If I could find a system that could produce ratings for horses and thus then produce odds I'd like to use that instead of some self written automated trading app.
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