My betting losses continue

I took advantage of a free £5 matched bet offer from Betfair as part their Cheltenham festival coverage. Knowing very little about horses as proved by my experience at Ascot last year I chose to bet on football instead.

I bet £5 of my own money against Portsmouth winning the FA Cup as I believe they have a tough draw against West Brom and within 24 hours Betfair had credited my account with another £5. I used the free £5 to back both Chelsea and Arsenal to win with £2.50 bets each, winning on Chelsea and losing on Arsenal leaving me with a £1.27 loss. However if Portsmouth fail to lift the cup I’ll receive my original £5 stake back plus £4.75 winnings.

I also had a small bet against Man Utd beating Derby which lost me 66p as United scraped a one nil win. Hopefully my betting form will pick up soon!