This is The Liverpool Bet.
Back in May 2011, Liverpool are 14/1 to win the 2011/12 Barclays Premier League title. The joke at the time was that time was “Liverpool are 14/1 for the League. That means bet €100 now, you loose €100 in June”.
This website will show you how you could actually win much more money by betting €100 on Liverpool throughout the season instead of just betting on them winning the Premiership in a single bet.
Well, we’re half way through the season and here’s the updated. As close as matters, I’m down 50% on the gambling and up 40% on the investing – down about €10 overall on the two €100 bets.
Probably not an unexpected result given who we were playing, but a disastrous result for the Liverpool Bet.
Starting Balance: €103.16
Current Balance: €51.58
Game played January 3rd, 2012
Well, into profit (just about) for the start of 2011. This game came good in the end with the 3-1 victory – good man Stevie G. No goal for Carroll still, but there seems more hope now with Gerrard around to boss the play. Fingers crossed for 2012.
I’ll update the overall charts over the coming weekend. After the Leopardstown screw up during the week, the Betfair shares will be down a bit, and give this result, the betting money will be up a bit, but which will be more profitable so far?
Starting Balance: €94.21
Current Balance: €103.16 (after charges)
Game played December 30th, 2011
Coming from behind to draw at home against the bottom club in the league – staggeringly awful.
Starting Balance: €94.21
Current Balance: €94.21
Game played December 26th, 2011
A most disappointing result against another of the teams that a title-chasing team, or one that wishes it was, should be getting the full three points against.
Starting Balance: €94.21
Current Balance: €94.21
Game played December 21st, 2011
Don’t know anything about this game as it was a day of Christmas celebrations here. Still, three points away from home, and some cash on top of it isn’t too bad. Two wins in a row now is a decent way to be heading into the Christmas set of games.
Starting Balance: €78.54
Current Balance: €94.21 (after charges)
Game played December 18th, 2011
So, I got this bet down only about 10 minutes into the game, so I’m assuming that’s why I got such bad “draw no bet” odds on the Liverpool win. It seems like it was a comfortable enough win, despite the scoreline.
Well, I’ve finally got the website up to date with all of my bets for the season so far. As I posted here in the financial update for the season so far, I’m up 55% (€55) through betting on Liverpool so far, while investing the same amount of money in Betfair the company means I’m up 29% (€29).
Here’s some trends for the first 4 months of the season, and The Liverpool Bet, so far.
This first one is the trend of the balance in my Betfair account so far since August 13th. The big drop was the loss to Stoke, while the big jump was the win away to Chelsea.
This next graph is a comparison of how the returns on the Liverpool Bet are comparing to the returns on investing in the Betfair company on the London Stock Exchange. While the Liverpool Bet returns are greater right now, you can see that the returns from investing on the stock exchange are more gradual, but more consistent.
I guess that’s the difference between looking for a capital return versus an income return.
I don’t have a screen shot of the bet receipt, but honestly, I did bet the money on this game – despite a serious fear of losing as much money as I lost on the Stoke game. Similar team, Stoke City and Manchester City. The 1-1 draw meant I got my money back though.
Starting Balance: €155.59
Current Balance: €155.59
