AUSTRALIA DAY

Monday 12th June 2006

What a lovely day I had yesterday. If you remember back to last Wednesday, I placed a large arbitrage bet on the Australia v Japan game. I stood to lose around a tenner, whatever the result but gain a minimum of £85 in free bets.

But if the Aussies got the win, there was also the little matter of the Betfred £100 bonus and of course, it happened.

The bet was settled immediately and the bonus was paid into my account just a few hours later. I laid out a total of £185 on Australia v Japan and ended up with £275 cash plus a £25 free bet from Stan James and a £60 free bet from Victor Chandler. Happy days.

The £25 free bet from Stan James is showing in the account already and the £60 free bet from Victor Chandler should appear tomorrow sometime. The terms and conditions say that the free bet will be paid in to the account within 2 business days of settlement of your first bet.

I enjoyed the Czech result as well as we have backed them to win Group E as part of the second favourites series which is detailed in the summary below. I'll be cheering the Swiss on today as they are backed for Group G. I'm getting more confident about the second favourites series with every game.

Once again, I didn't get the chance to play poker again on Monday because I'm just totally maxed out with the World Cup but whatever happens today, I will definitely play a few hands at Ladbrokes Poker again.

Betting wise, today is a bit of a quiet one with just Switzerland to follow but there is a good chance that I will back Brazil to win tonight as part of the 'dead-cert' series. I just need to think about it a little more first.

As promised yesterday, here is the summary of all the activity so far and where we stand with all the companies.

FIRM DEPOSIT UNSETTLED BETS WON/LOST IN ACCOUNT FREE BETS
888 214.00   214.00 58.82  
LadbrokesPoker 55.93     67.43  
Total Bet 105.00 55.00 -50.00   10.00
Paddy Power 10.00 10.00     10.00
Bet365 50.00 25.00 25.00 7.50 25.00
Victor Chandler 60.00   -60.00   60.00
Betfred 70.00   250.00 25.00  
Stan James 55.00   -55.00   25.00
Skybet 10.00 10.00     20.00
Coral 10.00 10.00     10.00
UK Betting 10.00 10.00     10.00
           
TOTAL 649.93 120.00 324.00 158.75 170.00

The potential from the outstanding bets is hinging on the second favourites series. We really could do with at least three second favourites to win their groups but even if we end up with a small minus on stage one of the programme, we'll easily claw that back when we start cahing in the free bets that we have accumulated.

I came up with the best way to do that yesterday but we'll have to wait until the knockout phase begins before we can start with that.

Until tomorrow.

Steve

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