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I've finally got around to the blog again, it has been quite a year and I have been absolutely swamped with work - something had to give, and i'm afraid it was the blog!

However, I've not been resting on my laurels and have an important update on my betting activity, tennis trading and the latest developments.

The biggest news was the completion of my tennis trading e-book a couple of months ago, and the response from the professionals I approached for advice was overwhelming. As many of you know, I have a huge amount of admiration for one particular veteran professional, "Big Mike" Marsland who invited me up to his Manchester HQ after reviewing the book.

It was a fascinating trip and as well as meeting Mike, I was able to spend time with other professionals on his team. To cut a long story short, Mike offered me a position on his team, and after much anguished debate, I rightly ripped his arm off for the opportunity. (At one point in the meeting mike nudged me, said you'll like this and made £22 in 2 seconds with 2 clicks of his mouse - this is the stuff that the man is capable of!)

So what does this mean? For me, a fantastic opportunity to work with other professionals in an industry I'm passionate about, for anyone interested in my tennis trading method, the opportunity to monitor independently proofed results and participate in the profits!

It will now be possible to follow every trade I make using this one particular method on a controlled account, and be the first to find out how you can benefit.

The proofing will all be done on my own forum section, "The Alchemists Corner" which you can find by following the links to the forum from Big Mikes site HERE

The forum is free to sign-up to, and in addition to following my progress, you will receive a free daily "blog bet" and the odd "full column" of daily sports advice and trades - these can be worth their weight in gold!

I am off to Portugal in a couple of weeks for Mikes AGM, where, amongst other things, we will be going through the Tennis Trading results to date, and working on the plan to make the method profitable to anyone who wants to participate.

To keep up to date, and make sure you are ready to join if you wish - add yourself to the free forum now.

                                                       CLICK HERE TO VISIT BIG MIKES FORUM

Apologies for competely neglecting the blog, But don't despair, i'm still here and will be resuming normal service over the next couple of weeks.

Watch this space

Well - the good news is, despite the weather playing havoc with the racing during the week, and a real struggle to get on any decent tennis matches i'm happy to post a profit of £1212.12 pence as of close of business Friday. And I took a day off on Saturday to reward myself.

Starting with the tennis - an unbelievably slow start with the first 3 days only bringing in £100, fortunately, from thursday onwards i was able to bring in another £500 showing a respectable £601.27 profit on the tennis. It was very unusual to see such little action that i could get on - but patience is the key! Needed the day off on Saturday as the action has been mainly overnight - which probably also doesn't help volumes being traded.

The remaing £610 pounds came from the horses, which was really encouraging given the number off meetings abandoned due to the weather!

So, a good week for me given the conditions, but definetely hoping to get on a lot more this week.

One excellent aspect was the performance of a horse laying method I have been testing over the last month to very low stakes, which has brought in a respectable £300 which, during testing is an excellent start, but more about that at a future date.

So far so good!

All the best

Paul

www.bettingalchemy.com

Firstly though, a big thanks to all of you who have e-mailed me or replied on the Big Mike and SBC forums - your support and encouragement has been greatly appreciated! Heres to a succesful New Year for all of us.

Right, where were we...... TENNIS.  The exhibition tournament of 5 matches on the 1st to the 3rd gave 6 of the top players a chance to warm up, and boy did Murray warm up beating Federer in the Semi and Nadal in the Final! - also gave me a chance to warm-up with 3 matches of the 5 fitting the bill and 3 wins out of 3 taking my winning streak to 25.

A nice start to the Tennis, but have got to be on my guard now as 25 wins on the trot is too many statistically - expecting a correction at any point now as I would have expected to lose 2-3 trades over this period - but hey, whose complaining.

Effectively we have 5 concurrent tournaments this week: ATP Doha, ATP and WTA Brisbane, ATP Chenai and WTA Auckland - so there should be loads of opportunities. Nothing has caught my eye so far, the first day or so is filled with matches that generate little volume, but with some televised games this afternoon, I am hoping to get on 2 or 3 matches today.

For those of you unfamiliar with tennis outside of the grand slams, most ATP and WTA tournaments last for 1 week and run from Monday to Sunday. What i am really looking forward to is the games from Thursday onwards. Friday will bring 20 quarter final matches, Saturday 10 semi-finals, and Sunday 5 finals. These should all be high volume with plenty of swings and plenty of trading opportunities - lets see how it goes.

As far as the horses, only 2 meetings today. I've been through the cards and have only 4 races of any interest, but may well find some opportunities from Big Mike, SBC and NH Portfolio later this morning.

Oh, by the way, it was cold this morning, and it snowed - guess who didn't have to get up and go to work!!!!

I love this job

All the best

Paul

 www.bettingalchemy.com

Ignoring the two 1st set correct score bets, which are part of a different method I will be working on in the new year, from 42 bets there were 39 wins and 3 losses (93% success rate). This is broadly in line with the test results since June, and the back testing over the last 9 years results and culminated in £1075.64 profit for the 3 week proofing period.

Given that I will now have the time to double the number of markets I can trade on, and will be starting with 50% higher staking, £3000 from the tennis should be the minimum I would expect. The results are reproduced below:

(Out of interest, you can see from the above screenshot, the total profit for that 3 week period was £2,400, the remaining £1,300 coming from the Horses - not a bad part-time income for the 3 weeks me thinks!)

In addition, to coincide with my free e-book, I decided to carry out an experiment over the last 30 days, with no tennis going on, purely on Horse Racing:

In my e-book, you will find how you can create a £1000 betting bank from scratch, using free money from the bookies, I took £1000 and applied the staking and methods detailed in my free e-book, the 30 days were up yesterday, and the results can be seen from the following graph:

The 30 days culminated in a net 55% increase on the starting bank, so my question is, why would I want to invest in a cash ISA at 6% gross per annum, with my money being invested by the clowns responsible for the state of the current financial climate, when I can take 55% net per month and complete control? Thats without adding in the Tennis Trading profits?
So again, am I confident?

YES!

All the best

Paul

www.bettingalchemy.com

Saturday!

Strangely enough, to the professional, either a day off, or a very quiet one as far as betting action. There are vast numbers of mug punters flooding the markets and skewing some of the  value odds and true prices, because they read a tip in the paper.

Of the 40 or so Horse Races today i'm interested in perhaps 6 or so, so lets see how today goes! I'll be back to update later!

Ok, 3.15 now and finished for the day, very quiet, but befair results show £69.80 profit for the day:

More than happy with this, as my target in January is going to be around £50 per day from the Horses and i would expect to be placing an average of 20 or more bets on a normal day at the office.

I just wanted to say thanks to the people who have e-mailed me in support of this venture, you know how to get hold of me if you have any questions, and i shall continue to keep in touch. Next time I update I shall probably publish the Tennis results i was proofing to a couple of fellow proffessionals at the back-end of the Tennis season in October/November - This might help to illustrate why I am fairly confident that I will reach the targets I have set, from memory I was able to round of the season with 22 consecutive wins on the Tennis!

Till next time

Paul

www.bettingalchemy.com

I have been a part-time professional Gambler for many years, and having completed 12 consecutive straight months of Profit in 2008, I now have the opportunity to "Go for it " Full-Time!!

On a personal level it's my dream job - no income tax, no VAT, no set hours, no politics, no boundaries on where or when you work, no limit to what you can earn - but it also means no safety net!! From a psychological perspective, that makes it a whole new ball game (no pun intended). Will it work? There's only one way to find out. Sometimes you've just got to do the scary things to check that you're still alive!

Although I will continue with my Horse Racing portfolio for the remainder of the year, the real fun begins on 1st January, when the ATP and WTA tours start up again. Tennis is my passion from a sports trading perspective!

I have set a target for January of £1500 from the Horses and £3000 from the Tennis, so lets see how things go.

If you want to know how I intend to go about it, download my free E-Book at www.bettingalchemy.com, which details exactly what I shall be doing.

I am also working with a couple of the professionals I mention on my website, to produce a detailed breakdown of the trading methods I employ on the Tennis, which we hope to publish mid January!

So - will I survive, or will I crash and burn? - keep "tuned in" to the blog to find out!

All the best

Paul

(Oh my God, what have I gone and done!)