Thursday 26 January 2012

Chapter 16 - 888sport (Stage 5)

The fifth stage of the 888sport bet once again involved placing four bets of at least £10 and recieving a free bet of £10.

For the first qualifying bet I bet £10 that Pacos Ferriera would beat Setubal at odds of 2.1, and placed a lay of £9.86 against Pacos Ferriera at odds of 2.18. Pacos Ferriera won so I won £21 at 888sport but paid out a liability of £11.63 at Betfair, leaving me with a loss of £0.63.

For the second bet I bet £10 that Fulham would beat Newcastle at odds of 2.1, and placed a lay of £10.14 against Fulham at odds of 2.12. Fulham did beat Newcastle, so I won £21 at 888sport but paid out a liability of £11.36 at Betfair, leaving me with an overall loss of £0.36.

For the third bet I bet £10 that Glentoran would beat Ballymena at odds of 2.2, and placed a lay of £10.33 against Glentoran at odds of 2.17. Glentoran won the game so I received £22 at 888sport but paid out a liability of £12.08 at Betfair, leaving me with a loss of £0.08.

For the fourth an final qualifying bet I bet £10 that Peterborough would beat Brighton at odds of 2.1, and placed a lay of £9.95 against Peterborough at odds of 2.16. I lost this bet so lost £10 at 888sport but gained £9.45 at betfair, leaving me with a loss of £0.55.

For the £10 free bet I bet that the result between the Leicester v Nottingham Forest game would 0-0 at odds of 10.0, and placed a lay of £8.61 against a 0-0 result at odds of 10.5. I lost this bet so lost my free £10 at 888sport but recieved a payout of £8.18 at Betfair. A profit of £8.18.

Profit from this chapter: £8.18 - £0.63 - £0.36 - £0.08 - £0.55 = £6.56

Overall profit: £187.99 + £6.56 = £194.55

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