Betting Exchange Profits: Will I Have To Eat My Words? Day One Review

Well, I had a bad feeling and, after the first qualifying horse I chose failed to do what was required, I had an even worse feeling...

But I don't give up that easily. So I started another cycle, and... it collected!

After losing my first notional £100 on Rose N Alice, the below is what happened next:

Date	Course	Horse	Bet Type	Odds	Stake	Win	Total Return	result
16-Jul	Ayr	Davaye	Place Lay	1.25	£100.00	£23.75	£123.75	won
16-Jul	N Abbot	Classic Clover	Place Lay	1.28	£123.75	£32.92	£156.67	won
16-Jul	Ayr	Artless	Place Back	1.4	£156.67	£59.53	£216.20	won
16-Jul	N Abbot	Mr Tim	Place Back	1.5	£216.20	£102.70	£318.90	won
16-Jul	Ayr	Elkhorn	Lay	4	£318.90	£99.97	£418.87	won

So, on the day, I'd wagered a notional £200, and returned £418.87 after commissions, for a profit of £218.87.

Resisting the temptation to continue the run looks likely to be a challenge with this system but, when it's pretend money at least, I'm happy to cut and run at this point.

I'm not quite ready yet for the consumption of humble pie, but first blood goes to the system.

Tune in tomorrow to see what happens next...!

Matt