2million - My Journey to Financial Freedom

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Thursday, January 12, 2006

Gambler's Scorecard for the 2005 Football Season

Some background on my bad habit.

Another college football season has come to a close and I can revel in the spoils. I ended up netting $91 in profit from the entire season. I deposited a total of $250 into my account all of which earned a 20% bonus (a total of $50 in bonus money) and oddly enough, accounts for the majority of my profit.

Here is a breakdown of my wagers this season:

Date

Risk

To Win

Result

Description

8/30/05

$100

$80

Win

VT(-3) over NCSU

9/4/05

$50

$46

Push

VT(-4) over NCSU

9/5/05

$5.00

$2.94

Lost

UM over FSU

9/7/05

$25.00

$21.74

Won

VT(-20.5) over Duke

9/9/05

$10.00

$3.57

Lost

UM over ND

9/9/05

$5.00

$4.55

Won

LSU over ASU

9/16/05

$10.00

$9.10

Won

VT(-34) over Ohio

9/17/05

$10.00

$6.90

Won

Pitt (+10) over Neb

9/17/05

$25.00

$10.04

Won

UF over Tenn

9/22/05

$10.00

$7.69

Won

VT(-10) over GT

9/24/05

$5.00

$4.35

Won

UT(+7) over LSU

9/26/05

$5.00

$5.00

Lost

Tol(+14) over FSU

9/28/05

$10.00

$8.33

Won

VT(-10) over GT

9/29/05

$20.00

$19.76

Lost

Clem(-7) over WFU

10/1/05

$5.00

$4.76

Won

Navy(-7) over Duke

10/1/05

$10.05

$8.38

Lost

UM(-20.5) over SF

10/5/05

$40.00

$34.78

Lost

OSU(-3) over PSU

10/14/05

$39.06

$33.98

Lost

FSU(-7) over UVA

10/22/05

$5.00

$4.35

Win

UNC

10/27/05

$5.00

$4.35

Win

VT(-13.5)

10/29/05

$5.14

$4.90

Win

UNC(+21)

11/5/05

$15.02

$14.37

Lost

VT(-6.5) over UM

11/12/05

$5.00

$3.33

Won

LSU over Alabama

11/12/05

$5.00

$5.75

Lost

UNC(-3)

11/19/05

$5.00

$1.67

Won

VT

11/26/05

$5.00

$4.76

Won

NCSU(-3)

12/3/05

$5.00

$4.37

Won

FSU(+14.5)

12/31/05

$5.00

$3.03

Won

NCSU over USF

1/2/06

$5.00

$4.55

Won

UF over Iowa

1/2/06

$10.05

$8.38

Won

VT(-7) vs Louisville

1/2/06

$5.00

$5.00

Lost

UGA vs WVU


Not necessarily pretty, but I won more times than I lost and had a lot of fun going through the highs and lows of the season.

Here is a weekly breakdown of my results:

Week

Won/Loss

Week 1

$ 80.00

Week 2

$ 19.78

Week 3

$ 11.29

Week 4

$ 12.04

Week 5

$ 3.33

Week 6

$ (25.29)

Week 7

$ (40.00)

Week 8

$ (39.06)

Week 9

$ 4.35

Week 10

$ 9.25

Week 11

$ (15.02)

Week 12

$ (1.67)

Week 13

$ 1.67

Week 14

$ 4.76

Week 15

$ 4.37

Bowls

$ 10.96



This weekly trend will be useful for next season. My typical season usually goes something like this - start off the season well, get too confident and start losing, I then try to recover and lose more, I then stop for a while to let the dust settle and then improve towards the end of the season but never make it up to the level I was at in the beginning of the season.

Well it turns out this season is no different. I started off well in weeks 1-4. In Week 5 I start losing, then make large wagers to try and recover and continue to loose in weeks 6, 7, and 8. I finally realized I need to settle down and start making better picks and slowing begin to improve to finish out the season.

Now that I have tracked all my picks this season, I have an idea next season when I should try and time a break in my picks. I think my strategy for next season should be to take a break from Weeks 5-8 and just pick on paper. I want to see if this helps avoid my typical mid-season slump and net better results for the season.


End Result: $250 Investment, Netted $341.00 = $91 profit, 36% ROI

I will consider this profit "free money" and add it to account that tracks the "free money" have received.

Interested in playing? Sign up for Bodog Sportsbook and use my referral number P78BAC Full Disclosure: I may receive a commission for people who join Bodog.

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