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Monthly Summary for ‘Project Profit’
|Monthly P/L:||+£645.20 (Month of March 18)|
|Total Bankroll:||+£6442.60 (+544.26% 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 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.|
March 2018 Update & Results Analysis:
The profit figure achieved this month was just over £645. This was achieved by following a small portfolio of services. Odds and liquidity was obtained purely from Betfair (both the exchange and SB). Overall progress remains encouraging with over 544% bankroll growth overall since the project started towards the end of last year.
What is Project Profit?
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
*Additional tipsters may be used from BettingGods.com
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.