Betting against the Stockmarket
May 12th 2008 13:55
Don't get me wrong, I am usually a responible person, but I want to see if you can money of sportsbetting. I will only invest a minimal amount and once the money has run out the experiment is over.
I will use a legal Australian betting website.
The Aim
This blog will outline a experiment with playing the sportbetting market, much like the stock market.
The Outline
My Aim is to start with $20 AUD.
I will only make three (3) bets a day.
Only bet on sports that give a result (i.e. No Draws or Ties)
Play the lowest Odds.
No Mutliple Bets
Outcome Examples
If I bet 10 dollars on odds of 1.32 the possible Return is 13.20.
I will use a legal Australian betting website.
The Aim
This blog will outline a experiment with playing the sportbetting market, much like the stock market.
The Outline
My Aim is to start with $20 AUD.
I will only make three (3) bets a day.
Only bet on sports that give a result (i.e. No Draws or Ties)
Play the lowest Odds.
No Mutliple Bets
Outcome Examples
If I bet 10 dollars on odds of 1.32 the possible Return is 13.20.
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Comment by Harry
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