For the first bet I bet £90 that Fulham would beat Blackburn at odds of 2.6, and placed a lay of £93.98 against Fulham at odds of 2.54. Fulham did not beat Blackburn, so I lost my £90 at Stan James but gained £89.20 at Betfair, leaving me with a loss of £0.72.

For the second bet I bet £80 that Pescara would beat Verona at odds of 2.05 and placed a lay of £82.41 against Pescara at odds of 2.04. Pescara won indeed, so I won £164 at Stan James but paid out a liability of £85.71 at Betfair. This left me with a loss of £1.71.

However, MAJOR DISASTER! I tried placing some bets and noticed that Stan James was unable to match them fully. Slightly worried, I checked my email and found an email from Stan James letting me know that following a review of my account, they would no longer be able to offer me the best odds. Upsetting!

Downhearted, I placed a third bet. I tried to bet £20 that Chesterfield would beat Oldham at odds of 2.6 but Stan James could only match this to £15.50. I accepted this, and headed over to Betfair where I placed a lay of £15.32 against Chesterfield at odds of 2.68. Chesterfield did end up winning the match so I won £40.30 at Stan James. However, I paid out liability of £25.67 at Betfair, leaving me with a loss of £0.87.

For the fourth bet I tried to bet £20 that the match between Dundee and Kilmarnock would result in a draw at odds of 3.6, but Stan James could only match this to £13. I accepted this, and placed a lay of £13.18 against the draw at odds of 3.6. The game did not end up in a draw so I lost my £13 at Stan James but received a payout of £12.52 at Betfaor, leaving me with a loss of £0.48.

For the fifth and final qualifying bet I tried to bet £51.50 that Marajaa would win the race at Kempton at 16:55 on 18/01/2012 at odds of 2.25. However, Stan James could only match this to £15.50 so I accepted and placed a lay of £15.78 against Marajaa at odds of 2.26. Marajaa did not win so I lost my £15.50 at Betfair but received a payout of £14.99 at Betfair, leaving me with a loss of £0.51.

My account was then credited with a free bet of £42.50. I tried to place a bet of £42.50 on various football matches with good odds but the highest I could get my choice matched to was only £4.00! I ended up placing a £4 bet on the game between Wolves and Aston Villa ending up with a score of 0-0 at odds of 11, and placing a lay of £3.65 against a 0-0 score at odds of also 11. I lost this bet so received a payout of £3.47 at Betfair. Better than nothing, I guess...

I next managed to get Stan James to match my bet of a 0-0 score between Morocca and Tunisia to £4.25 at odds of 8.0. I placed a lay of £4.16 against a 0-0 score at odds of 7.2. Tunisia won the match 1-2 so I lost the free money at Stan James but received a payout of £3.95 at Betfair.

Next I placed a bet of £3.30 that the score between Mali and Guinea would be 0-0 at odds of 10 and placed a lay of £3.18 against a 0-0 score at odds of 9.4. I lost this bet so I received a payout of £3.02 at Betfair.

I then placed a bet of £2.55 that Arctic Ben would win at the Warwick races at odds of 11, and placed a lay of £2.23 against Arctic Ben winnng at odds of 11.5. I won this bet (surprisingly!) so won £25.50 at Stan James, but paid out a liability of £23.42 at Betfair, leaving me with a profit of £2.08.

Finally, I found a bet which would let me bet a decent amount of money! The drawback however was the not-so-great odds... I placed a bet of £12.50 on Bristol City beating Reading at odds of 5.0 and placed a lay of £9.90 against Bristol City at odds of 5.1. I lost this bet so received a payout of £9.40 at Betfair.

I then managed to place a bet of £7.10 on Watford beating Tottenham at odds of 8.0 and placed a lay of £5.81 against Watford at odds of 8.6. I lost this bet so received a payout of £5.52 at Betfair.

I placed a £8.70 bet on Northampton beating Torquay at odds of 5.0 and placed a lay of £6.89 against Northampton winning at odds of 5.1. I lost this bet so received a payout of £6.55 at Betfair.

This meant that I had £0.40 left from my free bet. I found a bet I liked the look of and bet £0.40 at Stan James that Aiteen Thirtythree would win at the Doncaster races at odds of 9.0. I went to place a lay at Betfair but alas, the minimum lay possible at Betfair is £2. I forgot about that. I decided that £0.40 is not too great a loss so didn't bother laying the bet. I lost this bet so lost nothing.

Profit from this chapter: £3.46 + £3.95 + £3.02 +£2.08 + £9.40 + £5.52 +£6.55 - £0.72 - £1.71 - £0.87 - £0.48 - £0.51 = £29.70

Disappointing to only receive £29.70 from what could have potentially have been at £50 free bet, but it's better than nothing!

Overall profit: £192.02 + £29.70 =

**£221.72**

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