In the last week I have reminded you about the simple method I use for every knockout tournament.
It's basically an easy way of guaranteeing a tax free profit for little or no work.
If you have missed this method you can view it at the bottom of today's blog, or by clicking on previous blogs by scrolling down.
Today sees the start of the US Tennis Open.
To make things simple I will concentrate on the men's side of the draw. I shall use this method to guarantee myself a £2 tax free profit from this tournament. I shall follow the method through as stated in the rules until I have made my tax free £2!
Remember you can look to make any money from each tournament, but be careful to make sure you have a big enough bank roll if your player wins a few rounds.
So here we go....
I have decided by looking at the draw and previous form that my player for the US Open, who can NOT win the tournament is Britain's James Ward.
In his first round game James Ward plays Thomaz Bellucci from Brazil.
Because I believe that James Ward will not win the tournament I shall be backing his opponent today Thomaz Bellucci.
Bellucci is priced 1/4 to win.
This means I will need to place £8 on Bellucci to win to collect my £2 profit.
This game is due to be played on Tuesday, so we shall keep an eye how we get on throughout the tournament.
A reminder of this simple strategy is below...
I have personally used this strategy for over twenty years and it has NEVER let me down.
You simply need to be sensible and professional in your staking.
The strategy will not make you a millionaire over night, but it will give you tax free money in your back pocket time ant time again for little work.
The strategy...
Firstly we are looking for a knock out tournament. It doesn't matter what sport it is as the strategy works on all sports. I would suggest however that the knock out tournament lasts no longer than a month, as your final winnings could be tied up for quite some time.
I have used this strategy in the English F.A.Cup, but with the rounds being played roughly once a fortnight it can be a few months before you 'collect'. However if you are professional and look at the long term profit this is not a problem.
Secondly, once we have found a knock out tournament, we are looking for a player or team that has no chance of winning the tournament.
A little bit of knowledge will help of course, but is not massively important as long as your are sensible here and look for outsiders with a bad draw or playing a hot favourite.
For this example I will use last years F.A.Cup.
Of course the early stages of the F.A.Cup start in August. This is when non league teams fight it out to join the big boys in the 1st Round Proper at the beginning of November. So we shall start our conquest to find a team that can not win the F.A.Cup from the First Round Proper!
Looking at the teams in the first round, we can see that if we are being honest none of the non league or League One or League Two teams are likely to go on and win the F.A.Cup. But the idea is to make a reasonable profit from our outlay at decent odds.
I decide that Warrington Town can NOT win the F.A.Cup, they are drawn to play Exeter at home in the 1st Round. Warrington come from level eight of the football pyramid and Exeter in League Two are from level four.
I am looking to win £5 from this tournament.
Exeter are priced at 4/6 to win at Warrington. I back Exeter at 4/6 with a £10 stake (because Warrington can not win the F.A.Cup). If Exeter win the game I will make £6.66 profit and return £16.66 in total.
However there is a cup shock with Warrington winning the game 1-0 and knocking Exeter out of the cup.
This means I am now £10 down.
I now wait till the second round draw, still very much confident of making a profit in this tournament because I know that Warrington can NOT win the F.A.Cup!
In the second round Warrington are drawn away to level five side Gateshead.
Gateshead And Warrington Battle It Out In Last Seasons F.A.Cup |
Gateshead are priced 1/2 to win the game. Therefore I stake accordingly to win my £5 target from this tournament.
I place a £30 on Gateshead to beat Warrington at 1/2. If they win I will return £45. This means a profit of £15, minus £10 lost in first game. I win my target £5 over all.
The game is played and Gateshead win 2-0.
I have made my targeted £5 profit from this tournament by simply picking a team that I knew could NOT win the F.A.Cup!
I would suggest targeting small £5, £10 or maybe £20 target profits. Because on occasions your player or team may go on a good run and win a few rounds. Therefore you will need a bank big enough to recoup previous losses and make your initial profit.
This is a very simple method of winning very regularly on a wide range of sports.
Try it out.
Have a great day.