Sunday, 11 May 2008

Season ends on a high - Man Utd Victory!

Alex Ferguson's 10th premier league title and win over Wigan means I add £2.60 to the account on the final day.

Final balance £107.51

In the end, I succeeded in my goal to make more than my ISA. A 7.5% return is slightly better than the 6% offered in most banks, however, it could have been much more.

On two occasions I had a surplus of more than £25 meaning a 25% return on my investment. Maybe I should have a look at how I manage my money so that I can take stock when I get to such levels in the future.

Saturday, 10 May 2008

Man Utd and Chelsea go for the Premier League title!

Since mid April this blog has been taking a breather. The loss of £18.50 when Chelsea drew with Wigan caused a lot of disappointment and made me realise that it was going to be very difficult to beat my target of a 6% return over the year.

Currntly at 4.5%, I think it would be a shame to not even try to get over the 6% tagrget with a bet on the final league games of the season.

Looking at the Premiership, the most obvious games are Chelsea v Bolton and Man Utd v Wigan.

Although I don't usually bet on away games, I can't see a problem with this one, as Man Utd need a win to gurantee them the Premier League title. Chelsea too need a win and face Bolton at Stamford Bridge.

Wigan are also safe from the drop, however Bolton could get relegated if they concede a lot of goals against Chelsea while the teams around them get good results. Therefore I expect bolton to defend doggedly.

Man Utd have odds of 1/4 to beat Wigan. But it will be my first ever bet on an away side.

I am going to put £10 on a Man Utd win and hope for the best!