Another one of my money making streams is through Betfair, I am not a huge sports fan myself but Betfair has countless opportunities to bet and make money. I particularly like the football games where there are 3 outcomes.. win, lose or draw. In addition, there are countless number of other bets within a game.. the ones which I play on besides the win, lose or draw (the match odds), are half time odds (ie win, lose, draw) at half time, score at half time and score at full time.

The thing is, the word betting has so many negative connotations… the word bet always makes me feel that over the long term, I can’t win… so far, I have been winning but the whole concept of ‘bet’ has stunted the amount of stake I put in each time.. it’s relatively low (anything from £5 – £10 a bet). However, in light of the current success, I’ve decided to up the stakes and take it from there…

Here is my current account since the beginning of March.. I’ve made just under 40 bets and won 32 of them… not a bad result and statistically, it doesn’t look like I’m gambling. I’m in a healthy profit and have increased my account by over 25%.

Betfair does have a lot of stuff which is of the ‘real’ gambling sense.. ie no edge to allow you to win so you have to be careful with the markets you choose. Football matches are the ones which I bet with and my strategy is the most simplest ever… always bet on the favourite!!

Anyway, Betfair are giving away £25 for new sign ups currently, you can get this by joining here:
Click here to get your £25 with a Betfair account

Tags: betfair, betfair profit, betfair strategy, betfair winnings, free betfair, gambling with betfair, making money with betfair, trading with betfair

Hi all, sorry it’s been a while since I’ve updated the site, I’ve been away on business in Cape Town for a week and I’ve had no time to look at the markets or anything else for that matter. However, there has been a lot of interesting news in the World Stock Markets with record falls and then record gains.. it really has been a rollercoaster ride and I wish that I could have been in the UK sitting in front of my machine to see all the action and even put on a trade or two! In the UK, they have put a block on shorting UK banking stocks until January and as a result, the UK stock market made the biggest one day gain ever putting on £130 billion!! I’ve never a 400 point movement on the FTSE in 1 day.. I wish I was there to see it!

Anyway, I got back on Friday and just spent the whole day knackered and tired and did absolutely nothing. On Saturday, I thought I’d go and play with Betfair again, using my strategy I’d been playing and again, I had a winning day, putting on almost 7% on my account.

If you want to read about my simple strategy, you can visit the blog entry with the rules at:

http://www.makemesomemoney.co.uk/2008/09/11/winning-on-betfair-my-strategy/

You can sign up and get a FREE £10 bet if you follow here:
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Tags: betfair, betfair bet, free betfair, ftse biggest gain, world stock markets