As has become a bit of an annual tradition, each year in early January I share my personal betting P&L. To be frank, it's all rather mundane - certainly no financial fireworks at any rate - but I'm very happy to continue to 'walk the talk'. To be clear, that means having a huge amount of fun seeking out and making bets, and aiming to finish the year a pound or three in front. Fun first, profit second: two entities that are not mutually exclusive!
Here's the video. One quick line before you press play. I've sped up the tedious transaction management part of the video in the interests of respecting viewers' time (!) - if you'd like to look more closely, you can slow the video down via the little cog icon bottom right and the 'playback speed' option.
If you want to see earlier versions (weirdo! 😉 ), you can find 2021 here, and 2020 here.
[Please don't judge the amount of transactions associated with coffee and egg, or beer, spend!!]
Do feel free to share a comment, or ask any questions, in the section underneath the video.
Matt
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- Ad Hoc Almanac Race Preview
- A Major New Site Update
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- My 2025 Cheltenham Festival Betting P&L
Matt:
Enjoyed your brief review.
Your ‘estimate’ of about 3% is right where I believe ‘the expert/professional’ level wagerer
should/would be at your estimated ‘volume’ level.
My experience with indiduals who do this as ‘so called professioanls’ reside in a range
of 4 to 7%. This off course is always difficult to get a good handle on because if your
are betweem 1-1.5 M per month as many are, their results include a ‘rebate portion’ at
a level your estimated annual volume most likely does not have the advantage of.
Thank you for sharing.
dch
01/06
06:10.31..31
Note: Can’t wait to see if your organization comes up with more advanced sectional
timing data and analysis!
Thanks dch – when the sectional content is available we’ll be excited to share it. But, you know, racing politics, blah blah blah
Matt
always interesting to see the profit / loss every year, i have done this for the past 5 years now, well done on the profit matt !
i joined geegeez in 2020 i think, dave renhams pieces have been a great help.
i had my best year in 2022, in terms of profit, mainly down to getting a lucky 31 up !
profit of £44946 – 28.01 roi
2021 – 9.87 roi
2020 – 6.13 roi
2019 – 5.05 roi
2018 – 6.87 roi
you mentioned turnover, if i placed 160,452 in 2022, add the profit 44,496 …is my turnover 204948?
2023 will be interesting, ive bought a new house to renovate so i think this is going to have a big impact on my time that i have to study and bet
Hi Bernie
Even ignoring 2022, the previous ROI’s are really strong; well done!
Turnover is the amount you have bet; returns have nothing to do with it.
Matt
thanks for reply
on turnover you have deposited 12k last year, but mention 70k turnover? does that mean you leave the money in the bookies to play with without withdrawing after each win?
Yes, of course. The deposits are constantly being turned over until there’s either a bit to withdraw or an account needs topping up.
Matt
Brilliant. The thing I like most is the sheer honesty behind it . It is a shame that a lot of so called tipsters and pundits have not adhered to similar standards.
Thanks Keith. You know how we operate: warts and all, always!
Best,
Matt
Great video Matt, no bull, you were honest some profit comes from football and the fact you have a bet on the horses which is under-rated as a pastime. People think nothing of spending £5k a year in a pub.
My P and L for 2022 is a horror show. Some one out there loses, and last year it was me!
Thanks Paul, and tough luck on your 2022 ledger. It’s 2023 now, so time to go again!
At least you know where you are, and that puts you well ahead of most.
Best of luck to you this year.
Matt
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