English Premier League, Serie A and European Tips 17th March 2012

In recent weeks I have been keeping track of the profit and loss of all my tips here on the blog using separate tables for the various types of bet.  Keeping track of so many tables has become quite time consuming so I am attempting to streamline it.  At the end of this post is a table of profit and loss for all tips since the new year.  In future, I will publish a table for the calendar month we are in highlighting the P/L for that month along with an overall P/L and yield.  I will also advertise each pick with stake or target profit details.

Mine’s a Scotch

While reading a few betting articles during the week I came across a couple of things that I found interesting / new to me.  The first was the term ‘scotch’... I’ve drunk a few and ate a handful of the eggs but never heard of a scotch bet, which apparently refers to an even money bet.

The other thing I only came across recently was the ‘square root’ staking plan.  I’m always on the lookout for new and unfamiliar staking plans as experience has taught me that profitability can be significantly improved with the right plan.  To explain it briefly, the plan involves staking to level / percentage stakes until in profit when the square root of the profit is then added to the initial stake.  For example, if your level stake is £5 and it wins at evens then your next bet is £7.24 (your original £5 + the square root of your winnings, √£5 = £2.24).  Sounds like hassle but I’ve tested this on past bets which were priced at around evens and if I had have adopted this plan on those bets my returns would have been almost 3 times greater.  In effect, what the square root staking plan does is take advantage of winning runs by being aggressive when in profit and cautious when losing.

So, for a bit of fun I’m going to combine some ‘scotch picks’ with the square root staking plan and see what happens.  I’ll be looking for fixtures to tip at around evens or slightly better which I’ll post on the blog and on Twitter @iFootballTIPS #minesascotch

On to this weekend’s tips...

Over 1.5 goals strategy

Wigan / WBA             stake for £1.90 target profit     - WON

Over 2.5 goals strategy

Fulham / Swansea    stake for £4.15 target profit     - WON

Newcastle / Norwich   stake for £4.36 target profit     - lost

Under 2.5 goals strategy

Parma / Milan                        stake for target profit £5.68     - WON

Fiorentina / Juventus           stake for target profit £5.68     - lost

Mine’s a Scotch – Home Win

St Etienne / Lyon       £5 stake     - lost

Rayo Vallecano / Betis          £5 stake     - WON

Bologna / Chievo       £6.17 stake     - lost

Profit / Loss so far

All the best


Ronnie


As always, shop around for the best odds and only bet what you can afford to lose.  Although quick big wins are great, the above strategies are aimed at steadily increasing the betting bank and making long term profit.  And of course, you must be over 18 years of age to gamble.