Owner: Jimmakos Site | Poker, Betting, Trading and Investing in Sports URL:http://www.jimmakos.com Join Date: Fri, 03 Aug 2007 09:12:16 -0500 Rating:0 Site Description: Jimmakos: Professional Gambler is trying to make a living out of gambling, meaning casinos, sports betting , online poker and trading fixed odds on betting exchanges. Site statistics:Click here
430 Trading Profits 2007-08-02 16:33:36 Things were looking promising yesterday and I was aiming over €500, but at 21:20 I lost almost €200 and I have only myself to blame. I had already secured €260 profits on the favorite (Rose Siog) and while I had predicted the market correctly, I tried trading against it to win a tick or two at what seemed a minor turning point to me. It was indeed a reversal but a small one, and failed to exit in time, losing about 8 ticks with double stakes. Long story short, €260 turned into €700 in the red and my target for...
Read more:Trading
$100 Poker Profits 2007-08-02 00:43:57 It has been a few weeks since I last played online poker. The reason was that it was necessary to study more about the game and find my game's leaks. I have been reading the same books all over from the beginning (it's amazing how much information you discover each time you reread a book), registered in forums and finally decided it was about time to give it another go.
It's embarassing that I still play in $25 poker tables after more than 2 years playing this game online, but if I am not winning, there's...
Read more:Poker
300 A Good Start for the Month 2007-08-01 17:02:59 August started well for me and could have been even better if only I hadn't tried to trade the last races, which didn't really offer big liquidity or good volatility. There were sudden moves and the odds really jumped up and down when a big amount was appearing. Still, I earned a good amount and I'm not complaining. Lately, there have been some good days in a row for me regarding sports trading.
Let's see the screenshots in detail...
Read more:Start
, Month
340 Profit and a Breakeven Month 2007-07-31 16:31:35 Nowadays I'm quite satisfied with my trading (index.php?option=com_content task=view
Read more:Month
Expectations and Bankroll Growth 2007-07-30 17:11:42 We have defined our bankroll and staking plan (index.php?option=com_content task=view
Read more:Growth
200 Sunday Profits 2007-07-29 16:16:12 Although I don't normally trade in Sunday
s due to lack of liquidity, recent performance forced me into it since I lose about €1,000 in July. To my surprise the races did have enough liquidity and more than enough volatility, so I was able to make some good moves.
Here is the screenshot...
Greek Team in World Cup of Poker 2007 2007-07-29 03:08:12 Today I almost made it into the Greek
Team which will fight their way into the World
Cup of Poker
2007. There were 2 Qualifiers for today's final tournament, and I won a seat through the second one. Today, there were 18 Greek poker players in the final competing for 2 seats in the official team. 2 more players will be added according to their last year's leaderboard score and one more will be nominated by Pokerstars (http://www.pokerstars.com/wcp/?source=jimmakos.com). I lost to a bad beat (not a major one, A8 vs K9 and a King fell on the river) and finished...
Read more:World Cup
Good trading, bad betting 2007-07-29 00:53:35 I was doing great yesterday regarding trading, and I was up around €500 when I had 2 very bad races which lost me about €350 in 20 minutes. I lost my will to make the most out of my trading and ended up winning few. However, sports betting
continued its' very bad run which started a week ago and now the losses have reached around €15,000. Although such a losing run was expected sooner or later (I had already one some months ago), it is never easy to accept it.
I haven't forgotten the How to build your...
250 Profit for the day 2007-07-27 18:54:47 Not much to talk about yesterday, a not so exciting day.
Here are the screenshots...
420 Trading Losses 2007-07-26 18:31:47 I started my day with some financial trading, although it was more testing than trading. Then moved on to horse racing trading and at the same time I traded forex and played a big poker tournament online. Of course, I couldn't succeed on all of them, in fact I won only in forex.
So, today I will just trade the horse racing markets and entirely focus on that. Let's see how I did yesterday in more detail...
Read more:Trading
, Losses
While I lost 50... 2007-07-25 16:43:48 ...I tried a different approach yesterday and you can see a dramatic change in the amounts won or lost. Although I lost over €1,200 in trading today, I lost just a few since my wins were also big (my strategy up to now rarely showed so frequent big wins). I started pretty well but then gave it a shot and made some modifications, but they didn't help, in fact they made me lose a few races. So today I'll stick to my initial strategy and see how it goes. After all, I made €300 during the first 6 races yesterday,...
Bankroll Requirements and Staking Plan 2007-07-24 20:15:49 We have now arrived to the point we are confident with our probability calculations and understand value betting (index.php?option=com_content task=view
Read more:Requirements
, Staking
1,700 Losses, Who can Lose More? 2007-07-23 16:44:02 What a day! I made big mistakes yesterday, but what worries me is that I lost my temper during my trading. I consider myself quite disciplined but finally lost it and had this outstanding result.
Let's have some more details about it...
Read more:Losses
110 Sunday Profits 2007-07-22 03:08:30 Sunday doesn't provide many trading opportunities, since there are few races with enough liquidity. Today was no exception. Beware of the danger this situation creates. Many traders are forced into making impulsive moves due to boredom and lack of interest in such quiet days. Don't fall in that trap.
The detailed screenshot is in the next page...
Read more:Sunday
400 Trading Profits 2007-07-21 06:34:34 I think I'm back on track after 2 bad days trading the horse racing markets. I really took off during the evening racing since up to then I was just breaking even. Sports betting did quite well today and I have a few more unsettled winning bets.
Here is the detailed screenshots as usual...
Read more:Trading
Selecting a Sport to Bet on 2007-07-20 08:00:00 So, you want to start betting with a system and not randomly huh? But where to begin with? Building a betting system (index.php?option=com_content task=view
A Quiet Day 2007-07-20 07:06:32 Several races were abandoned today and I was still unhappy with yesterday's losses (index.php?option=com_content task=view
Read more:Quiet
How to Build your own Betting System 2007-07-20 00:57:54 We all have visited plenty of websites offering picks which are based on some betting systems and strategies. We never get the chance to see one, but we are happy to receive the picks in our emails and move on. How about this time to build our unique betting system and have the tips right in front of us whenever we like to. Now that must be difficult, building our strategy from scratch, what are you talking about?
I'm going to post a series on How to Build
your own Betting System
, which upon completion might come in handy. There...
Wrong, Wrong, Wrong! 2007-07-19 06:53:00 Oh, I was so wrong today. Every trade I did ended up as a disaster. Started pretty well, then had some horrible time losing 850€ in just two races and I was definately doomed for the day. But that was not the end of it.
Do I have your attention now? Good, read on...
Read more:Wrong
2007 World Series of Poker 2007-07-18 23:10:47 On Tuesday, 17th of July, this year's World
Series of Poker
(http://www.worldseriesofpoker.com/) came to its' conclusion offering a prize pool of a whopping $59,784,954! There were 6,358 players competing for the first prize, which was more than 8 million dollars, $8,250,000 actually. The winner, a 39-year-old psychologist and social worker from southern California, had won his seat through a satellite. His total investment in the event was 225$ while most of the entrants paid the full entrance fee of $10,000. Now, that's some nice investment and I hope one day I will do something similar. After all who doesn't want...
Read more:World Series
Bad Start, Good Finish 2007-07-18 07:32:59 As I said in the video tutorial about minimizing losses (index.php?option=com_content task=view
Read more:Start
, Finish
Minimize Your Losses: Video Tutorial 2007-07-18 04:09:21 Well, it was about time I published a video of some lost trades. I started the day pretty bad and until now I'm still struggling to show even a small profit for the day. Nevertheless, I managed to record a video of me trading the fixed odds, but with no success as you will witness. 77€ lost...
Here's what I do in this video and why...
Read more:Losses
, Tutorial
Who pays commission? How are odds affected? 2007-07-17 17:20:16 Everyone pays commission in order to be able to bet on an event. This is true either in Betfair (http://adfarm.mediaplex.com/ad/ck/45419?rfr=3049) or another bookmaker. The bookmakers have vig representing the commission.
Vig, which is short for vigorish, is a term used to describe the book's theoretical edge, or commission, on each betting online wager.
So, how does this commission affect the fixed odds and more importantly, who pays for it? I hear you say the one who backs in Betfair . You are mistaken...
Nice figures once more. 2007-07-17 07:35:00 It appears as if the market is easy to predict or trading fixed odds (index.php?option=com_content task=view
A Blast from the Past 2007-07-16 07:33:24 Aaaah, now that's a good start for the week, isn't it? I have just finished trading the UK Horse Racing Markets and the result reminds me of similar days of the past, where almost every day was like this one more or so. Now, I should mention here that I had stopped trading for 20 days, until last week when I decided to return and make a comeback.
Let's see some more details of those figures...
Read more:Blast
Scalping Fixed Odds 2007-07-16 00:36:25 Just finished a recording showing how to scalp the fixed odds of Betfair's horse racing markets. While trading and scalping is often considered the same thing, this is quite a mistake since there are some major differences between them.
The following video shows how to profit by scalping the odds when they are not actually moving a lot. This is done with Bet Angel Pro (http://www.betangel.com/cmd.php?af=484230) as always.
Check out the screenshot by reading the full article.
Read more:Scalping
, Fixed
A winning day and a blog 2007-07-15 16:06:14 On Saturday, I posted a video about how to win trading fixed odds (index.php?option=com_content task=view
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