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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!
‘Only fools rush in’, ‘if it looks too good to be true it normally is’ and ‘he who is greedy is always in want’ are three sayings I learnt the true meaning of today. As I juggled the ironing, cooking my dinner and watching the football at the same time I tried to add making money to that list by placing a bet on West Brom to qualify as they went 3-1 up.
Unfortunately this was a task too many as in my rush to place the bet I accidentally backed Bristol Rovers to qualify instead of West Brom, oops! With only 20 minutes of the match remaining and little chance of getting back into the game tearing up a £5 note would have been as good an investment at that moment.
When I bet £10 on Chelsea to progress past Barnsley I thought I had one of the safest investments outside the Government owned Northern Rock. However Kayode Odejayi clearly had other ideas when his second half header dumped Chelsea out of the FA Cup.
I may have ended up £10 down as a result but Barnsley proved that with a bit of hard work anything is possible, so I take it as a lesson learnt that if I work hard I too can achieve my Millionaire Adventure dream.
As I have written on here many times I use betting as a form of insurance on Manchester United’s results. This is done by laying money against Man Utd winning and today I did just that by staking £4 at odds of 1.16 (decimal odds).
For those of you that don’t follow football they lost to Portsmouth today in the FA Cup quarter final so I won £23.75 (after commission). Whilst this helps my MillionaireAdventure it of course does not really compensate for the disappointment of Man Utd being knocked out of the cup.
I signed up with Paddy Power today to take advantage of their £20 free bet offer when you stake £10 of your own money. I bet my £10 on Lyon to progress through to the next round of the champions league and the £20 free bet on the fact that they would score at least one goal.
They did neither so I lost both bets, but with £15 cashback via GreasyPalm I am still up £5 despite my poor choice of bets.
