Performance

Betting Summary August 2014 : Post Origin NRL Bounces Back

AugustProfitWith the State of Origin series done and dusted for 2014 the NRL finally returned to some normalcy over the month of August and along with it returned my betting profitability. However, results were still a bit volatile since with some teams falling out of finals contention it remained difficult to anticipate whether these teams would fire up with nothing to play for but pride.

There were 5 rounds of football played, though I did give myself a week off in Week 23 as I needed to freshen up. The week off did wonders for me as I recorded my best week of the year during Week 25, though admittedly I got lucky with a few nicely priced wagers it was probably luck that was due to come my way after some horrible fortune that struck me during the coldest months.

The betting results for August 2014 were a little bit mixed, but overall they are positive as my betting performance returned to good form. Below is the weekly summary in table form :-

 Week  Number of Bets  Strike Rate  Net Profit (in units)
 NRL Week 21  35  31.42%  +22.93
 NRL Week 22  41  19.51%  -19.04
 NRL Week 23  0   0.00%   +0.00
 NRL Week 24  38  28.94%  +13.37
 NRL Week 25  39  38.46%  +55.73
 TOTAL  153  29.41%  +72.99

The highlight here is clearly the result in Week 25 which was an abnormally good week primarily due to landing a number of nicely priced Tryscorer bets, but I’m not complaining. Overall the month of August fell just a couple of units short of completely reversing the losses made in June and July so it has been a satisfying bounce back after the difficult State of Origin period and an important return to form heading into the NRL Finals Series.

Looking more closely at the breakdown of betting across market types we have :-

 Market Type  Number of Bets  Strike Rate  Net Profit (in units)
 Match Handicap  20  35.00%  +10.14
 40 Min Handicap  17  52.94%   +1.40
 Margin Bracket   9  22.22%  +13.00
 Match/Team Points  21  47.62%   +8.57
 Points Bracket   3   0.00%   -2.00
 Halftime / Fulltime  10  10.00%   -7.30
 First Scoring Play  17  11.76%  -11.60
 Tryscorers  54  24.07%  +59.57
 Other   2  50.00%   +1.20
 TOTAL  153  29.41%  +72.99

Even though the Tryscorers category is clearly where the bulk of the profit is coming from this month, it is encouraging to see many of the other categories also showing a modest profit. The Margin Bracket category is showing a profit for the first time since early in the season after landing a couple of Halftime Draw bets at 12.00 each and the Match/Team Points category is also in profit for the first time in months primarily due to a change in strategy where I avoided more of the short odds (sub 2.0) and cherry picked for value markets at odds of 2.20 to 3.50 so that when I am right about points I am getting better payouts. I also had better success with betting on Team Points (even for just a 40 minute period) than Total Match Points.

On the flip side, I tried a new strategy with the 1st Scoring Play markets to try and take the underdog for a Try as 1st Score at odds of 2.50+ but this mostly backfired. I landed a couple so I am not totally convinced it’s a failed strategy as it still performed better than backing penalty goals which is a strategy that worked early in the season but I think that has died off as the season progresses and teams get more confident with their attacking options. I’ll need to do some deeper analysis here.

The Halftime/Fulltime category was also a disappointing result for the second month in a row. I’ll need to have a closer look at my strategy here too as late season fatigue could be affecting teams ability to mount comebacks after half time. It also could be related to the fact that some teams are dropping out of contention this time of year and not showing the sort of early game intensity you can generally rely on earlier in the season.

For any more detailed analysis of my betting performance in August, feel free to check out my Facebook Page where all of my bets have been posted prior to kickoff. Or, if you would like to ask any specific questions about my August betting, please write to me at phantomlongshot@flameburst.com

Betting Summary June 2014 : Tough Month for NRL

JuneProfitOnly 4 weekends of NRL football were played in June, a month which was punctuated by State of Origin 2 and saw less actual matches than a normal NRL month. This has corresponded with a lower number of bets and with so many players in and out of sides and struggling with fatigue, it has been a much more varied and unpredictable month for the NRL.

As a result, June 2014 has been a tough month for NRL punting and betting performance analysis shows a moderate loss. Below is the weekly summary in table form :-

 Week  Number of Bets  Strike Rate  Net Profit (in units)
 NRL Week 13  34  14.71%  -10.12
 NRL Week 14 + Origin 2  21  4.76%  -15.50
 NRL Week 15  27  33.33%   +5.81
 NRL Week 16  33  21.21%  -2.80
 TOTAL  115  19.13%  -22.61

Overall these are pretty disappointing results. Only 1 weekend showing a modest profit and the start of the month being unusually poor. Historically I have always found the State of Origin period to be a bit tougher than usual. The standard of play in regular NRL matches does noticeably drop, as does the professionalism shown by many players. With so many team changes and injuries over the period it is difficult to analyse form lines with any consistency and it is a period where the bookies often have a distinct advantage as they usually get the inside word on player ins and outs ahead of regular betting market players – such as myself. This is compounded by the lack of information provided by mainstream media as its articles focus almost exclusively on State of Origin. For instance, in Thursdays Telegraph there are 12 articles about Rugby League and none of them even mention anything about the coming weekends matches. In many respects the NRL takes a back seat during this period and a lot of players tend to slacken off, so it is hard to tell whether a team is going to “turn up to play” on any given day. But there’s no point complaining, instead we just need to find out where things are going wrong, adapt and overcome.

Having a look across the market types for betting over the month of June gives us these results :-

 Market Type  Number of Bets  Strike Rate  Net Profit (in units)
 Match Handicap  19  21.05%  -14.49
 40 Min Handicap  9  55.55%   +4.15
 Margin Bracket  10  10.00%   -3.00
 Match/Team Points  11  36.36%   -6.66
 Points Bracket  9  0.00%   -4.75
 Halftime / Fulltime  14  21.42%   +8.50
 First Scoring Play  8  0.00%   -6.00
 Tryscorers  34  14.70%  +0.14
 Other  1  0.00%   -0.50
 TOTAL  115  19.13%  -22.61

Once again my highest strike rate and solid profit is coming from the 40 Minute Handicap category, and this month the somewhat related Halftime / Fulltime category is showing the largest net profit. This is encouraging as it suggests that I still have a reasonably good handle on which teams are likely to start matches strongly or poorly and pick up or drop off over the course of a game as a result of desperation, complacency and/or fatigue.

The Tryscorers category was also mildly encouraging, again showing a profit though only a small one this month. My biggest win for the month comes from this category landing Josh Dugan to be the First Tryscorer in the Dragons vs Melbourne game in Week 16 at a price of 15.00. Drilling a bit deeper into this category I have been getting good results backing players To Score a Try this month, but actually landed zero Last Tryscorer bets so I will need to keep an eye on that to see if there is a trend emerging.

Once again the Margin Bracket and Match/Team Points categories showed losses, though interestingly it was almost an identical performance in these categories to the month of May and it does not indicate the reversal of recent good performance lies here. I landed zero successful bets in the Points Bracket and First Scoring Play categories which is a concern, though admittedly the sample size this month is small and these are usually options I take at longer odds so I do expect a low strike rate here.

The biggest concern is the turnaround in the Match Handicap category where my strike rate dropped from 45.45% in May down to 21.05% in June. This reversal saw a +17.22 unit profit drop to a -14.49 unit loss and is undoubtedly where my largest problem this month lies. Looking deeper into this category I can see that much of the losses here are from giving away larger handicaps at bigger odds, which fits with my earlier assessment of players showing fatigue and lacking professionalism at this point in the season – basically teams are getting ahead and then “cruising” or not going on to score the bigger victories that were more common early in the season. This tells me that I might need to pull back from betting on those big blow-out scorelines during the origin period.

For any more detailed analysis of my betting performance in June, feel free to check out my Facebook Page where all of my bets have been posted prior to kickoff. Or, if you would like to ask any specific questions about my June betting, please write to me at phantomlongshot@flameburst.com

Betting Summary May 2014 : Consistent Weekly Profit

MayProfitThe reviewing of betting performance is an important part of professional punting because trends can be identified where particular sports or market types may become more or less profitable over time. It is important to constantly adapt and evolve betting strategies over time to stay competitive and this is not really possible without reviewing recent performance.

May 2014 has been a solid month with consistent weekly profits generated. Below is the weekly summary in table form :-

 Week  Number of Bets  Strike Rate  Net Profit (in units)
 Rep Weekend  9  55.55%  +14.55
 NRL Week 9  28  32.14%  +13.10
 NRL Week 10  41  24.39%   +0.48
 NRL Week 11 + Origin 1  35  25.71%  +21.27
 NRL Week 12  27  33.33%  +14.22
 TOTAL  140  30.00%  +63.62

Overall these are fairly satisfactory results. The Representative Weekend was a bit of a statistical anomaly because of fewer games being played and fewer bets placed, so it can be discounted to some extent. Interestingly the 2 weeks with the higher number of bets also show the lower strike rate, suggesting those weeks had more bets placed at longer odds. The vast difference in profit for those 2 weeks would also be consistent with the higher variance on good price options.

Having a look across the market types for betting over the month of May gives us these results :-

 Market Type  Number of Bets  Strike Rate  Net Profit (in units)
 Match Handicap  22  45.45%  +17.22
 40 Min Handicap  16  62.50%   +8.43
 Margin Bracket  9  11.11%   -3.00
 Match/Team Points  19  42.10%   -6.08
 Points Bracket  8  12.50%   +6.75
 Halftime / Fulltime  17  11.76%   +2.50
 First Scoring Play  9  22.22%   +3.40
 Tryscorers  40  20.00%  +34.40
 TOTAL  140  30.00%  +63.62

Here the analysis becomes a bit more interesting. A good portion of my monthly profit for May has come from the Tryscorer bets and the Match and 40 minute Handicap bets. My strike rate is very good in particular when handicap betting on only one half of football (62.5%) though the profit on that market category is only fair since generally the prices obtained in this market category are only around the 1.90 mark. The Tryscorer betting, on the other hand, is often at much longer odds. My biggest individual wins of the month came from the Tryscorer category with a bet on Ben Matulino to be First Tryscorer in the Warriors vs Canberra game in Week 11 at a price of 41.00. Also I had a good win from having Jamie Soward to be the Last Tryscorer in the Penrith vs Parramatta game in Week 12 at a price of 26.00.

The Margin Bracket category was disappointing. It includes the 1-12 Margin bets, the 1-6 Tribet option and the Draw options. Here I was let down by the frequent Halftime Draw bets placed, though I had great success in this category early in the year so I am not too concerned. I’m more concerned about the Match / Team Points result, where a decent strike rate of 42.1% still gave me a net loss. This is another category where odds taken are frequently around the 1.90 mark. I have found in the past that this can be a tough category as it is very frequently affected by the weather and also by the refereeing. Some referees will blow a penalty-a-minute (results in high scoring), while others will allow defenders to encroach the 10 metre mark and stifle opposition attacks (results in low scoring). I take some heart from the good result in the related Points Bracket category where I make up for those losses. Here I have a much lower strike rate at 12.5% but am showing a profit from hitting an 11-20 Total Points bracket at 26.00 in the Souths vs Sharks game in Week 11. What I can see here is that I need to be more careful taking those shorter odds on Points markets.

A couple of other things I’ve noted from the May betting performance is that I am not reading a couple of teams very well. In particular the Sydney Roosters I have gone 3 weeks running without landing a single winning bet on their matches. That is 0 wins out of 17 bets placed on Roosters matches over 3 weeks. Clearly I am having difficulty with the Roosters inconsistency in effort where they are definitely a class side but don’t always play to their potential. The other team I had been struggling to read a bit in the past is the Brisbane Broncos, but I am starting to get a handle on their spine combinations now and I have turned around recent poor betting on the Broncos with a solid win in their Manly game. That’s the way it goes sometimes when a team can become inconsistent and hard to read it is often a good idea to reduce stakes or stay away from them until I am seeing them a bit clearer.

For any more detailed analysis of my betting performance in May, feel free to check out my Facebook Page where all of my bets have been posted prior to kickoff. Or, if you would like to ask any specific questions about my May betting, please write to me at phantomlongshot@flameburst.com