Mike Quigley

Irish horse racing, betting and other stuff

   Home      Betting performance
My betting history

"I heard you bid once or twice 
Were you wondering was the gamble worth the price
Pack it in
I heard you did! Pack it in
Was it hard to fold a hand you knew could win?"   (Joni Mitchell: That Song About The Midway)

From 1996 to date I have treated my betting activities seriously by devising and then adhering to my ten golden rules - in particular meticulously recording every bet placed. The profitability of my strategies very much depended on having a wide range of bookmaker prices to choose from. After all betting is all about getting the best price available. However during 2011/12 many of my internet bookmaker accounts have effectively been closed. (Bookmakers restrict one's bets to £1 or £2 rather than actually close accounts to minimize bad publicity). Therefore it's time to enjoy the fruits of my 20+ years' trading! 
Comments on punters' profitability
How many punters make a profit? Very few I believe. Those that do will be heavily restricted or have their accounts closed. Certainly less than 5% of all people who bet show a profit and indeed recently I have read that as many as 97% of punters lose
In terms of "professional" punters (that's not me - I don't bet for a living), the legendary punter Patrick Veitch won over 16% on turnover during his professional phase. In contrast Alex Bird won less than 2% and obviously struggled to make a profit when 4% tax was introduced. Harry Findlay, who I regard as a gambler rather than an investor, says no-one can win more than 8%. His winning percentage would be low I suspect as he concentrates on short-priced favourites.  During my "serious" 20-year phase (to 31st December 2015) I achieved accumulative profit of a fraction over 10% of turnover, so we'll have to disagree on that 8% Harry!
I started my betting blog in December 2009 (it was available at mikequigley.blogspot.com). It continued n a regular basis until closing on 1st November 2015.
Lists of bets published are available here: 2009/10 2011 2012 2013 2014 2015 and those which were unsettled at 1st November 2015 are here: 2016 b/f
The accumulative position of all blogged bets was 1,622 points profit (+21.5%) at 31 December 2016.