Hypothetical Betting Portfolio

I have prepared a hypothetical betting portforlio of $ 10,000 to predict the winner of the World Cup 2006 in Germany. The portfolio amount would be divided into four parts of $3,000 ; $3,000 ; $2,000 and $2,000 and would be invested in betting at differrent time of the tournament. In the first part maximum of five countries would be selected, in the second four, third three, and in the final two. This is done in order to limit the risks involved. Betting for the winner is very difficult and this is why a structured and diversified method is applyed. But at the same time the rewards would be limited also. Betting tactics mentioned here are just hypothetical is purely for educational purpose.

The first part ($3,000) is already invested before the start of the tournament. The betting odds and the amounts are as following.

                Bet Amt  Odds

Brazil           $750      4:1

Argentina     $700     10:1

England      $700      10:1

Germany     $600      10:1

Czech R      $250      40:1

Keep a watch on this blog before round two to see the tactics used and performance of the current portfolio.