It is with the usual trepidation that I share what follows, fully cognisant that not all receive such things in the spirit with which they are intended. However, regular readers will know how important I believe it is to 'walk the talk', which is why I have begun to share my betting P&L on an annual basis. You can review last year's here, for example, should you so wish.
In the video below you'll find a full rundown of the withdrawals from and deposits to my bank account in 2021. Before you look at that, though, a few important points:
- Plenty bet more than me, plenty bet less than me. So what?! This is not about absolute figures, it's about the art of the possible, and how fun and profit (whatever that figure looks like for you - after all, getting paid pennies for having fun is a great outcome) are not mutually exclusive.
- I'm not sharing this to show off (obviously) but, rather, to show off Geegeez Gold, which of course I use almost exclusively (along with odds comparison data).
- This is not turnover, which was much higher. Funds in accounts generally get played many times before withdrawals are made.
- I have LOTS of accounts, plenty of them now useless, and I use all of the ones where I can still bet more than £5! Taking 3/1 when 7/2 is available is just stupid if your bottom line is a key consideration: please don't do it.
- I had plenty of small losing accounts in 2021, and one big losing account (Betfair, which I often use to hedge pool bets) as well as a couple of good winning ones; that's a function of how I bet.
- Guessing on racing betting turnover is tricky but probably in the region of £80,000. So that's a moderate 3% or so ROI, which is a little shy of what I'd aspire to (around 5%).
- These figures are never life-changing, but to get paid a bit for having, like, weeks of fun is outlook-changing. I bought more bits of racehorses in lieu of being able to go away much. 🙂
- I have around £1,500 in account balances, and also some healthy looking ante post tickets - but similar was true last year, so those can find their place in the 2022 digest.
- It has become clear to me from the small debits on my bank statement that I drink too much posh café coffee... [There are worse vices, right?]
So here goes: a recording of me downloading 2021's bank transactions and removing the non-betting ones to leave just the betting entries.
Matt
p.s. How did YOU do? Not really interested in 'actual money' figures, but rather did you make a profit? Did you make a smaller loss (which is the single most important step any punter can take)? Or was 2021 tougher for you punting-wise? What worked for you, or not? Leave a comment below and share your experience.
