Back in August I claimed it was surprisingly easy to make money betting on English football in 2011-12.

I confidently predicted it was all about squad strength over the course of the season and duly put my cash where my gob is - 'investing' £315 in my theory that I could beat the bookies with (yes...) 315 multiple, tiny four-way accas.

To recap, I put 50p each way on every possible combination involving one of the teams below, in each of the competitions shown, chucking in the Euros to jazz things up.

To make a profit, I just need a handful of my selections to win - or finish 2nd/3rd - in each of the four comps.

Here's how each of my 'microbet' selections are doing as of today:

Premier League (Top 2 finish needed for each-way to pay)
Man City (Currently 1st)
Man Utd (2nd)
Chelsea (4th)

Championship  (Top 3 finish needed for each-way)
West Ham (1st)
Cardiff (3rd)
Birmingham (6th)
Reading (8th)
Leeds (9th)
Leicester (15th)
Nottm Forest (22nd)

League 1  (Top 3 finish needed for each-way)
Huddersfield (2nd)
Sheff Utd (3rd)
MK Dons (5th)
Bournemouth (8th)
Preston (11th)

Euro 2012
Spain (Qualified for finals with 100% record)
Germany (Qualified for finals with 100% record)
Holland (Qualified for finals with 100% record)

So, in short, I'm doing alright.

I bad two very bad mistakes, which I correctly spotted, deduced (and did sweet Lily Thai about!) on the very first day of the season.

I overlooked Southampton in the Championship and Charlton in League One, both of whom looked the real deal right from the start.

Middlesborough in the Championship and Sheffield Weds in the league below both seemed hugely overrated in August. I still think they flatter to deceive, but I should have included both for the each-way payouts.

And I made two other howlers in the Championship, backing Nottingham Forest and Leicester to make real strides under former England managers Steve 'Wally' McLaren and Sven-Goran 'Where's Wally' Eriksson. Both clubs will bounce back from those disasters, but not this season.

But otherwise, it's going ok. And dare I say, pretty well.

Even Bournemouth - my wild card after selling all their best players - have started putting some results together. 

If the season were to end today, and Spain, Germany or Holland won Euro 2012 though, I'd be well in profit.

I already have the Premier League sewn up. And if West Ham - or Cardiff - can win the Championship, I just need a Charlton collapse in League One (with Sheff Utd, MK Dons or Huddersfield taking advantage) and this thing would pay big, big money.

Oh, and there can't be an upset in the Euros. That would royally roger me.