The 'A' CLASS MERCEDES CHALLENGE - continued

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued 'A' Class Mercedes Challenge - Results Update - Day 7, March 27th, Mexico 2 V 1 Usa Bet 1- -£6. Bet 2- +£10. Bet 3- +£4. Match Profit= +£8. Previous Bank: +£419.50, New Bank: +£427.50. The Bets For Today, Monday, 28th March Will Appear On This Thread, Later. Spreadman.

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued 'A' CLASS MERCEDES BETS - DAY8, MONDAY, MARCH 28TH, 3 PM KICK-OFFS. A FIXED ODDS BET FOR A CHANGE: HULL, LUTON, SOUTHEND, ALL TO EITHER DRAW OR WIN AWAY,( 4/5, 9/4), (8/11, 5/2), (11/10, 11/5). CARLISLE V HALIFAX BETS WILL APPEAR HERE BEFORE 5.30 P.M. K.O. SPREADMAN. :hope

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued Omitted Stake Details For Last Bet - 8 Bets At £3 Per Bet , Total Stake = £24.spreadman.

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued 'A' CLASS CHALLENGE BETS, DAY 8 MONDAY, CARLISLE V HALIFAX K.O. 5.35P.M. BET 1- SELL BOOKINGS AT 40, £2 POINT. BET 2- BUY TOTAL GOALS AT 2.3, £20 PER GOAL. BET 3- SELL TOTAL CORNERS AT 11.5, £10 PER CORNER. BET 4- SELL TIME OF 1ST CORNER AT 10 MINS., FOR £5 PER MIN. RESULTS POSTED LATER. NEXT BETS, TODAY, FOR LINCOLN V SCUNTHORPE, 7.30 K.O. GOOD LUCK, SPREADMAN.:hope

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued 'A' CLASS CHALLENGE, - DAY 8, MONDAY, 28TH MARCH, LINCOLN V SCUNTHORPE, K.O. 7.45 P.M. BET 1- BUY HOTSHOTS AT 25, £1 PER POINT. BET 2- BUY YEO PLAYER GOAL MINUTES AT 21, AT £1 PER MINUTE. BET 3- BUY TOTAL CORNERS AT 9, £5 PER CORNER. BET 4- BUY BOOKINGS AT 36, FOR £1 PER POINT. RESULTS POSTED LATER. GOOD LUCK ! SPREADMAN. :hope

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued MERCEDES 'A' CLASS CHALLENGE- RESULTS UPDATE, DAY 8, MONDAY, 28TH MARCH, CARLISLE V HALIFAX. BET 1= +£60. BET2= -£26. BET 3= +£35. BET 4- +£20. TOTAL PROFIT FOR MATCH= +£89. PREVIOUS BANK- +£427.50. NEW BANK- +£516.50. SPREADMAN.:ok

[merlin]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued Hi there Spreadman, pretty interesting post! I haven't a clue on this spread betting game, always been more into experimentation with ratings etc.Any chance of giving similar punters like me a few pointers into just what you mean by buying and selling and shirt numbers etc.I have no idea what's going on, and I am equally sure there will be more out there that are just as ignorant as I am in this field.I'm not asking your method of selection, just a lesson on what this is all about.Cheers.;)

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued DEAR MERLIN, good to have a visitor to this thread! I HAVE FOLLOWED YOUR THREAD FROM CONCEPTION TO ITS PRESENT STAGE. Thank you for showing interest in spreadbetting - sometimes I think I am the one of a very few in the p.l. - but you are right - I am overassumptive (?), - that is, I assume readers will be familiar with the terms I use. After I have posted this evening's bets here, I WILL ENDEAVOUR TO EXPLAIN MORE FULLY THE MYSTERY THAT IS SPREADBETTING.But for now I must away and prepare my bets , 'for the sun has set over fair England,' and foreign misdeeds are afoot.( England v Azerb., 7.30, bbc 1 ! ). Spreadman.:ok

[merlin]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued OK fella, look forward to lesson.You need not be frightened, my trigger finger is resting and my gun is in the holster.Cheers.;)

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued DAY 10, WEDNESDAY, MARCH 30TH, TONIGHT'S BETS. AUSTRIA V WALES, SKY SPORTS. BET1 - BUY SHIRTS AT 23, £2 PER POINT. BET 2 - SELL BOOKS AT 47, £1 PER POINT. AND, IN THE ENGLAND MATCH, WE PRAY FOR GOALS : BET 1 - ENGLAND TO SCORE BEFORE 26TH MINUTE, £30 AT 10/11, STAN JAMES. BET 2 - BUY TOTAL GOALS AT 3.8, £20 PER GOAL. BET 3 - BUY TOTAL GOAL MINUTES AT 200, £1 PER MINUTE. BBC 1, 7.45PM. GOOD LUCK! SPREADMAN. :hope RESULTS POSTED TOMORROW.

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued TIME FOR A RESULTS UPDATE ! THE MERCEDES 'A' CLASS CHALLENGE - DAY 10. AUSTRIA V WALES, BET1 = -£34, BET 2 = -£3. ENGLAND V AZERB. The goals failed to come..... BET 1 = -£30. BET 2 = -£36. BET 3 = -£87. TOTAL DAY'S LOSS = -£190. PREVIOUS BANK = £695.75. NEW BANK = £505.75. Back to 'normal' matches on Saturday. Bets will appear here before 12.45 k.o. Spreadman:hope

[mr onemore]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued

MERCEDES 'A' CLASS CHALLENGE- RESULTS UPDATE, DAY 8, MONDAY, 28TH MARCH, CARLISLE V HALIFAX. BET 1= +£60. BET2= -£26. BET 3= +£35. BET 4- +£20. TOTAL PROFIT FOR MATCH= +£89. PREVIOUS BANK- +£427.50. NEW BANK- +£516.50. SPREADMAN.:ok

TIME FOR A RESULTS UPDATE ! THE MERCEDES 'A' CLASS CHALLENGE - DAY 10. AUSTRIA V WALES, BET1 = -£34, BET 2 = -£3. ENGLAND V AZERB. The goals failed to come..... BET 1 = -£30. BET 2 = -£36. BET 3 = -£87. TOTAL DAY'S LOSS = -£190. PREVIOUS BANK = £695.75. NEW BANK = £505.75. Back to 'normal' matches on Saturday. Bets will appear here before 12.45 k.o. Spreadman:hope

Hi Spreadman - Unlucky yesterday. Have you missed a post out? Not sure if I'm getting the same bank as you here? Hope your fortunes improve - good luck - :ok

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued Dear Mr. Onemore, thank you for your kind words, I too, had noticed that my DAY 9 results post had 'disappeared' from the thread - I am sure that I posted it on tuesday evening - I reported this fact to the moderators by e-mail this morning. However I now have a quandary, namely, if I post the day 9 bets now, I could be seen to be 'after-eventing', and this is not the case. I am concerned about maintaining my credibility with fellow pl'ers, so am awaiting a response from the moderators. Ironically, (and,perhaps, unbelievably!), the day 9 bets showed a profit, but for the sake of my integrity I may have to void day 9. I will keep you posted. Thanks for the support - I hope to fulfil my promise to Merlin and post an info thread on the mystery that is spreadbetting, hopefully in the next day or so. Cheers!, Spreadman. :ok

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued HERE ARE THE BETS FOR THE FIRST MATCH TODAY, SATURDAY, APRIL 2ND. I WILL POST A REVISED START BANK LEVEL, AS DAY 9 APPEARS TO HAVE DISAPPEARED INTO THE ETHER OF CYBERSPACE, SO I WILL CONTINUE FROM DAY 8'S CLOSING BALANCE. CHARLTON V MAN CITY, SKY SPORTS 12.45PM. BET1= SELL BOOKINGS AT 35, £2 PER POINT. BET2= SELL TOTAL GOALS AT 2.6, £20 PER GOAL. BET 3= SELL SHIRTS AT 36, £2 PER POINT. BET 4= SELL HOTSHOTS AT 30, £5 PER POINT. BET 5= SELL TOTAL CORNERS AT 11.5, £5 PER CORNER. You will notice that all of the trades here are 'sells', a ploy which in the past has got me out of a few tight corners, but can drain your betting bank, as this 'blanket' approach is all or nothing - 0-0 or 1 goal scored is 'superbo', 'mucho goalos' is not. The Racing Post reckons there will be goals in this match, but, hey, what do they know.... ( ' England to put six past Azerbawhatsits....' I don't think so.) In order to get myself out of the £500+ bank deficit I have so deftly and speedily accrued, I intend to mainly stick to sells for the next few matches, or not bet at all if any doubt occurs in the miniscule membrane, derek, I laughingly call, my 'brain'. Will post results later, next bets for Southampton v Chelsea will appear on this thread before 5.15pm. Good luck! Spreadman. :hope :hope :hope

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued DAY 11, BETS FOR NEXT MATCH, AND RESULTS FOR FIRST MATCH PLAYED TODAY, SATURDAY, APRIL 2ND. RESULTS: BETS FOR CHARLTON V MAN CITY, 12.45 K.O. Despite 4 goals being scored, we managed to get off lightly, with a small profit, thanks to only one booking in the match. I will continue with the 'sell' strategy when suitable. BET 1= +£50. BET 2= -£28. BET 3= -£32. BET 4= +£25. BET 5= -£7.50. START BANK (FROM DAY 8) = £514.50, LESS LOSSES ON DAY 10, -£190, NEW BANK AT START OF TODAY, DAY 11, = £324.50. BANK AFTER FIRST MATCH, TODAY = £332. BETS FOR SOUTHAMPTON V CHELSEA ON THIS THREAD, SHORTLY. Spreadman. :ok

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued DAY 12, SUNDAY 3RD APRIL BETS FOR FIRST MATCH OF THE DAY, FULHAM V PORTSMOUTH, SKY, 1 P.M.. BET 1= SELL TOTAL GOALS AT 2.5, £10 PER GOAL. BET 2= SELL SHIRTS AT £36, £1 PER POINT. BET 3= SELL HOTSHOTS AT 28, £1 PER POINT. BET 4= SELL TOTAL CORNERS AT 11, £5 PER CORNER. DESPITE BOTH MATCHES YESTERDAY SCORING HIGH, AND COSTING DEARLY, I AM PERSEVERING WITH THE 'SELL' STRATEGY. A LOW SCORING MATCH IS WELL OVERDUE.......SPREADMAN. :hope :hope :hope BET RESULTS FOR YESTERDAY WILL BE POSTED HERE LATER TODAY. NEXT BETS ARE FOR WEST BROM V EVERTON, SKY 4 P.M.

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued DAY 12, SUNDAY APRIL 3RD, BETS FOR WEST BROM V EVERTON, SKY, 4 P.M. ..... AND SO THE GOAL SCORING CONTINUES......... THE R.F.O. HAS THIS DOWN AS A 'LESS THAN 2.5 GOALS'... SO WATCH THE GOALS GO IN. ANYWAYS, I AM STUPIDLY DETERMINED TO 'CARRY ON SELLING', SO HERE ARE THE BETS: BET 1= SELL TOTAL GOALS AT 2.6 FOR £20 PER GOAL. BET 2= SELL SHIRTS AT 41 FOR £1 PER POINT. BET 3= SELL HOTSHOTS AT 25, £1 PER POINT. RESULTS POSTED LATER. DARE I SAY IT?.... GOOD LUCK! SPREADMAN.:hope :hope :hope :hope

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued DAY 12, SUNDAY, APRIL 3RD, BETS FOR ALBACETE V REAL MADRID, SKY 1, 7.30 P.M. BET 1= SELL TOTAL GOALS AT 2.5, £10 PER GOAL. BET2= SELL SHIRTS AT 33, £1 PER POINT. BET 3= BUY BOOKINGS AT 50, £1 PER POINT. Let's hope we can add to our w. brom. match profit - If Owen plays his total player goal minutes are worth considering at a buy of 20 or thereabouts. Results for today's matches posted here tomorrow Good Luck!, Spreadman. :hope :hope :hope

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued DAY 12 RESULTS, SUNDAY, APRIL 3RD. FULHAM 3 V 1 PORTSMOUTH. BET 1 = -£15. BET 2 = -£24. BET 3 = +£3. BET 4 = +£5. MATCH LOSS = -£31. PREVIOUS BANK = £258, NEW BANK = £227. WEST BROM 1 V 0 EVERTON. BET 1 = +£32. BET 2 = +£30. BET 3 = £0. MATCH PROFIT = +£62. PREVIOUS BANK = £227. NEW BANK = £289. ALBACETE 1 V 2 REAL MADRID. BET 1 = -£5. BET 2 = -£1. BET 3 = -£10. MATCH LOSS = -£16. PREVIOUS BANK = £289. NEW BANK = £273. I thought we had turned the corner with only one goal in the west brom match, and a small profit at last. However, we were lucky to escape with a smaller loss in the albacete match - the score should have been higher. Hope you were on Owen's player goal minutes, they made up at 45, a profit of 25 points. Next bets, probably Wednesday, 6th April, posted here. Spreadman.:ok

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued BETS FOR DAY 13, TUESDAY, APRIL 5TH, LIVERPOOL V JUVENTUS, ITV 1, 7.45 P.M. BET 1 = SELL TOTAL GOAL MINUTES AT 115, FOR £2 PER MINUTE. BET 2 = SELL HOTSHOTS AT 29, FOR £2 PER POINT. BET 3 = BUY TOTAL CORNERS AT 10, FOR £5 PER CORNER. LYON V PSV, ITV 2, 7.30 P.M. BET 1 = SELL BOOKINGS AT 44, £1 PER POINT. BET2 = SELL TOTAL CORNERS AT 10.25, FOR £5 PER CORNER. THE RACING POST PREDICT LOW GOALS FOR THE LIVERPOOL MATCH, (WATCH THE GOALS FLY IN!), AND SO I CONTINUE WITH MY ' IF IT MOVES, SELL IT' STRATEGY. GOOD LUCK! SPREADMAN. :hope :hope :hope

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued RESULTS FOR DAY 13, TUESDAY, 5TH APRIL. LIVERPOOL V JUVENTUS. BET 1, = +£38. BET 2 = +£8. BET 3 = +£15. MATCH PROFIT = +£61. LYON V PSV. BET 1 = +£24. BET 2 = +£26.25. MATCH PROFIT = +£50.25. DAY'S PROFIT = £111.25. PREVIOUS BANK = £273, NEW BANK = £384.25. DESPITE 3 GOALS IN THE LIVERPOOL MATCH, ( TWO WERE FAIRLY EARLY , SO OUR GOAL MINUTES BET WAS STILL PROFITABLE), WE MADE A PROFIT FROM BOTH MATCHES. NEXT BETS HERE TONIGHT. SPREADMAN :ok

[merlin]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued Hello there young fella, bet you'd thought that you had shaken me off.Can't do that too easily.Anyway Iv'e been away for a few days and had a lot of catching up to do.Now that's done, I have not seen any posts on familiarising me with a simple course of spread betting.If you remember, I had not got a clue what you were talking about, and I still have no idea at this point.Perhaps a few clues when you get a moment, would be good. Cheers.Merlin.;)

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued Dear Merlin, good to hear from you. Apologies for not responding to your previous request for more info on spreadbetting, pressure of my other 'interests', and 'free' internet at restricted times. However I will try to explain how my bets work as I post each one, as well as the odd snippet of general info. Meanwhile, sporting.com is a good place to start - they have a general info page, with examples. I am off now to post tonight's bets - 2 matches on sky- I'll be watching them on the split screen mode - one for each eye! ( 'I used to be schizophrenic, but we're alright, now!'). Spreadman and spreadman.:ok

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued BETS FOR DAY 14, WEDNESDAY,APRIL 6TH. CHELSEA V BAYERN, SKY 1, 7.45PM. BET 1 = SELL TOTAL GOALS AT 118 FOR £1 PER MINUTE. BET 2 = SELL SHIRTS AT 36 FOR £2 PER POINT. BET 3 = SELL BOOKINGS AT 42 FOR £2 PER POINT. MILAN V INTER, SKY 2, 7.45 PM. BET1 = SELL TOTAL CORNERS AT 10.5, FOR £5 PER CORNER. BET 2 = SELL BOOKS AT 50, £2 PER POINT. BET 3 = SELL TOTAL GOALS AT 22, £10 PER GOAL. BRIEF EXPLANATION : C V B, BET 1 - I AM BETTING ON THE GOAL TIMES, IN MINUTES, ADDED UP TO MAKE A TOTAL. E.G. IF GOALS ARE SCORED IN THE 10TH, 30TH, AND 90TH MINUTE, THE TOTAL OR 'MATCH MAKE UP' IS 10+30+90, WHICH IS 130. SO IF I AM 'SELLING' TOTAL GOAL MINUTES,(' TGM'S '), IN ORDER TO MAKE A PROFIT I WANT THERE TO BE AS FEW GOALS AS POSSIBLE. IF I AM 'BUYING', THEN I WANT PLENTY OF GOALS TO BE SCORED. IF THE SCORE IS 0-0, THEN THE RESULT, ('MAKE UP'), IS ZERO, (0). TO CALCULATE THE PROFIT, SUBTRACT THE LOWER FIGURE FROM THE 'SPREAD' WHICH IN THIS CASE, CHEL. V BAY., IS 118. SO IF NO GOALS ARE SCORED, 118-0= 118. AT £1 PER MINUTE THIS WOULD MEAN A PROFIT OF £118. SORRY IF THIS SOUNDS COMPLICATED! MORE EXPLANATIONS ON NEXT POSTING - MUST GET THE BETS ON ! GOOD LUCK, SPREADMAN.:hope :hope :hope

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued BETS FOR DAY 15, THURSDAY, APRIL 7TH. NEWCASTLE V LISBON, ITV 2, 7.45PM BET 1 = BUY TOTAL GOAL MINUTES AT 110 FOR £1 per minute. BET 2 = BUY TOTAL CORNERS AT 10, FOR £5 PER CORNER. GOOD LUCK! SPREADMAN.:hope :hope :hope

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued BETS FOR DAY 16, SATURDAY, APRIL 8TH. SUNDERLAND V READING. SKY SPORTS 2, 12.30 P.M. BET 1 = SELL BOOKINGS AT 30, £2 PER POINT. BET 2 = SELL TOTAL CORNERS AT 10, £5 PER CORNER. BET 3 = BUY TOTAL GOALS AT 2.4, £20 PER GOAL. NEXT BETS HERE FOR NORWICH V MAN. UTD. SKY, 5P.M. TODAY. GOOD LUCK! SPREADMAN. :hope :hope :hope

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued DAY 16 NORWICH V MAN UTD,SKY 5.15 PM BET 1 = BUY TOTAL GOAL MINUTES AT 136, £2 PER MINUTE BET 2 = SELL BOOKINGS AT 38, £2 PER POINT. BET3 = BUY TOTAL CORNERS AT 11.5, £5 PER CORNER. GOOD LUCK! SPREADMAN.:hope :hope :hope

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued DAY 17, SUNDAY, APRIL 9TH. REAL MADRID V BARCELONA, SKY 1, 6.05 P.M. BET 1 = BUY TOTAL GOALS AT 2.6, £10 PER GOAL. BET 2 = SELL BOOKINGS AT 73, £1 PER POINT. BET 3 = SELL TOTAL CORNERS AT 10.5, £5 PER CORNER. GOOD LUCK! SPREADMAN. :hope :hope :hope

[spreadman]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued RESULTS FOR 'A' CLASS BETS, DAYS 14 - 17. DAY 14 - CHELSEA V BAYERN. BET 1 = +£259, BET 2 = -£98, BET 3 = -£36. AC MILAN V INTER MILAN BET 1 = -£7.50. BET 2 = £0 BET 3 = +£2. DAY 15 - NEWCASTLE V LISBON. BET 1 = +£73. BET 2 = -£15. DAY 16-SUNDERLAND V READING. BET 1 = -£20. BET 2 = -£15 BET 3 = +£12. NORWICH V MAN UTD. BET 1 = -£24. BET 2 = -£4. BET 3 = +£22.50. DAY 17 - REAL MADRID V BARCELONA. BET 1 = +£34. BET 2 = +£13. BET 3 = +£7.50. PREVIOUS BANK = £384.25. NEW BANK = £589.75. MOVING IN THE RIGHT DIRECTION! NEXT BETS HERE, TOMORROW, FOR DAY 18, WOLVES V IPSWICH, SKY SPORTS TV. SPREADMAN.:ok

[Hodgey]

Re: The 'A' CLASS MERCEDES CHALLENGE - continued

BETS FOR DAY 14, WEDNESDAY,APRIL 6TH. CHELSEA V BAYERN, SKY 1, 7.45PM. BET 1 = SELL TOTAL GOALS AT 118 FOR £1 PER MINUTE. BET 2 = SELL SHIRTS AT 36 FOR £2 PER POINT. BET 3 = SELL BOOKINGS AT 42 FOR £2 PER POINT. MILAN V INTER, SKY 2, 7.45 PM. BET1 = SELL TOTAL CORNERS AT 10.5, FOR £5 PER CORNER. BET 2 = SELL BOOKS AT 50, £2 PER POINT. BET 3 = SELL TOTAL GOALS AT 22, £10 PER GOAL. BRIEF EXPLANATION : C V B, BET 1 - I AM BETTING ON THE GOAL TIMES, IN MINUTES, ADDED UP TO MAKE A TOTAL. E.G. IF GOALS ARE SCORED IN THE 10TH, 30TH, AND 90TH MINUTE, THE TOTAL OR 'MATCH MAKE UP' IS 10+30+90, WHICH IS 130. SO IF I AM 'SELLING' TOTAL GOAL MINUTES,(' TGM'S '), IN ORDER TO MAKE A PROFIT I WANT THERE TO BE AS FEW GOALS AS POSSIBLE. IF I AM 'BUYING', THEN I WANT PLENTY OF GOALS TO BE SCORED. IF THE SCORE IS 0-0, THEN THE RESULT, ('MAKE UP'), IS ZERO, (0). TO CALCULATE THE PROFIT, SUBTRACT THE LOWER FIGURE FROM THE 'SPREAD' WHICH IN THIS CASE, CHEL. V BAY., IS 118. SO IF NO GOALS ARE SCORED, 118-0= 118. AT £1 PER MINUTE THIS WOULD MEAN A PROFIT OF £118. SORRY IF THIS SOUNDS COMPLICATED! MORE EXPLANATIONS ON NEXT POSTING - MUST GET THE BETS ON !

RESULTS FOR 'A' CLASS BETS, DAYS 14 - 17. DAY 14 - CHELSEA V BAYERN. BET 1 = +£259

Hello Spreadman, I'm trying to get my head round this spreadbetting game. I made the total goal minutes 357. Using your explanation this would have given you a loss of 357-118=239. At £1 per minute a loss of £239. Not a profit of £259. Have I misread your explanation?