Before the Premier League, League 1,2 and Championship football/soccer starts here in the UK I decided to try something new this year.
I fount myself looking back over a decent month and wondered how good of a year I could have betting on tennis, baseball, football and NBA. The most important factor I noticed looking over last years results were I had many 50%+ ROI weeks & months yet didn't capitalise on using the equity I had gained.
The goal for this year is to compound the earnings and see how far I can go. Ideally gaining 50% a month on the roll every month for a year, something that in gambling is not hard to do but the longer duration the harder it gets.
Compounding goal on 50% ROI a month for the year
Month 1 = 150
Month 2 = 225
Month 3 = 337.5
Month 4 = 506.25
Month 5 = 759.37
Month 6 = 1139.05
Month 7 = 1708.57
Month 8 = 2562.85
Month 9 = 3844.27
Month 10 = 5766.40
Month 11 = 8649.60
Month 12 = 12974.4
As you can see the results are awesome, compounding and patience seems to be the key to getting the best results. Interesting isn't it how 600%ROI on 150 is a bankroll of 1050 but if compounded over time would return 8549.333%ROI at the same exposure just drawn out at still 600%ROI.....obvious and yet people miss this obvious power.
I will record on a weekly basis, sometimes may report back less because if I hit the 50% monthly goal early I wont gamble for the result of the month to reduce volatility/exposure. Realistically if I can get half way I would be astonished, but if you want great results you aim high not small.
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