I’m pleased to report that over the weekend Football Advisor – Bank Builder, successfully completed Cycle 1. The aim of each cycle is to double the betting bank.
It took just 15 days to complete the cycle, with 10 winning bets out of 10. Strictly speaking they didn’t quite double the betting bank. They made a 97% increase, but considered the risk / reward ratio didn’t warrant the extra bet, to achieve the few extra pounds to make it exactly 100%.
My view is that was totally the right decision to make. I achieved a 98% bank increase, based upon the odds I obtained via Betfair and I’m sure a lot of members would have made over 100%, taking advantage of a wider range of bookmakers. I like the fact they were looking to safeguard members profits, rather than sticking to a rigid set of rules.
With cycle 1 complete they went straight into cycle 2 with the following day’s bets. This was an opportunity for new members to join the service, with existing members needing to renew their subscription to continue receiving the selections.
At this point I’m pleased I opted for the season long membership.
So far I’ve banked a profit of £146.82 and start the new cycle back with a betting bank of £150.
After 10 wins in a row for cycle 1, it was perhaps inevitable, given their expected strike rate of between 85 – 95%, that cycle 2 would start with a losing bet.
It was disappointing to back a loser, but it did endorse their decision to end cycle 1 at the time they did.
Cycle 2 has bounced back a little, from the opening losing bet. My current betting bank stands at £129.74, down 13.5%. The strike rate across both cycles is 92%, which is near the top end of the expected range.
Cycle 2 was due to close on Sunday to new members, but at the time of writing, the registration page still appears open.
It could be that as the cycle 2 betting bank is currently showing a loss, they’ve left registration open, as anyone signing up now will still be able to double their betting bank if they join this cycle.