Another month, another loss for the systems. Becoming quite boring now. I could just about handle the fact the UK systems are rubbish as there are ways around this by missing off multiple system bets but the profits on the UK Draw systems this season have evaporated after a really poor month and the Euro system bets just haven’t got started so far this season. Overall, it’s a complete mess of a season so far and off the back of a horrible season last season, it’s looking more and more like I’m wasting my time betting on footie.
I was updating my own betting results last night to the end of Nov-15 and my last profit peak was 25th January 2015. Given the losses since, I had the same level of cumulative profit at Jan-14 as I have now. If I don’t make a profit in Dec-15, it will be 24 months since I have moved forward in my P&L. I touched on this when it was nearly 18 months towards the end of last season but there comes a point when if you can’t move forward, you have to draw a line and stop wasting your time.
I have made no profit over my last 8,000 bets. If I let that sink in, that’s a helluva lot of work and effort for no return over the last 2 years.
As of today, the only UK system (exc Draws) that is in profit this season is system 31 and even then, it is only just. The Euro systems are all in a loss making situation and the Euro Draws are loss making.
Amazingly, I am just better than break-even this season and I’ve had a nightmare November. Considering the results of all the systems, I’m grateful that I am break-even for the season! I touched on this last month but didn’t have the numbers for historical seasons and so didn’t mention it too much on the blog but the one method which is doing well this season is Max 4. Regular readers will be aware of this method that was first highlighted by Tage but if I look at the results this season, they are very good.
The other system I mentioned over the Summer was using system 41 as a filter as it has clearly lost the plot and if you were to back all bets that appear on any system apart from system 41, you would be doing well this season. You can obviously cross refer both the Max 4 and Not 41 system and it creates a Max 4, Not 41 system which not surprisingly, also does well this season!
Here’s the breakdown of P&L for each of the 3 methods:
As you can see, the results this season for both methods are very good. Unfortunately, the profits I’ve made on these methods have been swallowed up completely by losses on other UK systems, Draw systems and Euro bets but I guess that’s why I follow different systems and methods!
In terms of why Max 4 does so well, it’s hard to explain. Each rating algorithm has the ability to pick up these bets that are to find and therefore, not every algorithm finds them. Ultimately, it is these bets that are the jewels in the crown when it comes to TFA but unfortunately, apart from Max 4 or some method missing off multiple system bets, it’s not as straightforward as you think to find these bets. The systems are populated by all these other bets appearing multiple times and therefore, when you look at the overall results, the losses from the multiple system bets kill the returns from the other bets which are profitable.
I’m sure there are other ways to identify these bets (using a similar method to Not 41) but it’s something that probably needs more time. In addition, I’ve no idea how the TFA Value ratings behave for these other bets too but I know from looking at the results by Value band that you can’t simply identify the better bets by using the TFA value ratings.
Anyway, that’s an oversight of the mess of the systems at the moment. There are still lots of positives to take from my UK ratings but unfortunately, the positives are being massively outweighed by the negatives at the moment. Until this changes, the P&L for the systems in total will look horrible!
On the plus side, if you ignore the profits generated from the multiple system bets in the first 3 seasons, then laying these bets looks the way to go these days. Hence, as well as using system 41 as a filter for example, you could actually just reverse the bets and generate yourself another method or system. Being honest, you could do this with lots of the systems and your only risk is that the systems return to the profitabililtiy they had 3+ seasons ago. As every day passes, the chances of this decrease I think!
Here’s the monthly results update. Going to keep comments to a minimum.
A small profit on algorithm 1 and a small loss on algorithm 2. System 22 had a nightmare (same every month this season!) and both combined systems lost again. Hard to take too much comfort from these results, the poor start to the season continues.
A small profit across the board is like putting a plaster on a massive cut that needs stitches…it might stop the bleeding for a bit but long-term, not sure it matters! I always laugh when system 41 makes a profit, I sort of hope it loses now given I’m using it as a filter to find the worst bets!
Losses all round here again and another poor month. System 6-21-31 hasn’t had a losing season yet. It will be doing well to continue the tradition this season!
The 2nd algorithm was the issue this month, finding 12 more bets than algorithm one but unfortunately, finding no more winners! Not a disaster of a month
A bit of a nothing month for these systems and they just can’t get any momentum going at all this season. Long way to go but they need a bumper month sooner, rather than later.
Euro Draw Systems
The best lay-the-draw systems on the market continue to perform in line with last season’s massive loss. These really are a pile of shi*!
Overall, a loss of just under 100pts this month.
I think making money at betting based on ratings and systems is still possible as long as the past remains a good guide to the future. The issue I have is 3 years ago, my systems were massively profitable and these days, they aren’t. However, get to the end of this season and it will be 3 seasons in a row for some systems where losses have been made. This is probably a decent trend and therefore, there has to be a way of turning losing systems into profitable systems by reversing the bets. If my ratings don’t work, rather than trying to fix them, keep them as they are and find a way to use systems which are no longer profitable to find ways to make money. Clutching at straws springs to mind!
Anyway, I’ll worry about that at the end of the season. If I don’t make a profit betting this season, it’s hard to think I’ll be following any ratings or systems next season, never mind trying to find a way to use unprofitable bets!