Yearly result from Betfair Trading : Poll

[megarain]

How much did you win/lose in 2022, if you consider yourself a full-time trader.

[Archangel]

Just over 20k and part time for me

[smallplayer]

are part timers allowed to vote..or just ft people?

[Derek27]

What category does winning £9K fall in?

[megarain]

Whatever bucket is closest is fine.

I won over 100k - generally found trading similar to previous years, thou declining liquidity is always an issue.

[Derek27]

First market of the new year, the Australian A-Men was a loser. Despite only losing a few quid, in a brief moment of stupidity and insanity, I thought Shit, I've been cursed at the stroke of midnight and doomed for 2023.

Reassuring to get two greens before half time at Blackburn and quickly put that hoodoo to bed.

[Euler]

Generally found trading similar to previous years, thou declining liquidity is always an issue.

That was my thought as well.

[Crazyskier]

I think there is too big a gap between 'broke even; and 'won over £10k'.

But maybe that's just me as I'm somewhere right in between that and I invested many many hundreds of hours to achieve a few grand. More fool me I guess, though for me it is a principle of being profitable long term rather than relying on BF as an income stream, unlike many other regulars on here, I'm sure.

CS

[megarain]

Sorry - it was a rushed poll, just used as an indication.

I didn't think full-time traders would fall into the smaller buckets - they would be forced out of the eco-system.

[Archangel]

I have huge respect and admiration for anyone who can say they trade Betfair markets full time and it is their primary source of income/livelihood these days.

[Derek27]

I think there is too big a gap between 'broke even; and 'won over £10k'.

But maybe that's just me as I'm somewhere right in between that and I invested many many hundreds of hours to achieve a few grand. More fool me I guess, though for me it is a principle of being profitable long term rather than relying on BF as an income stream, unlike many other regulars on here, I'm sure.

CS

That's the point I was making but there's nothing wrong with spending hundreds of hours making a grand if you enjoy what you're doing. Twenty years ago when I was betting with street bookies I made about £80 in a year but at the end of the day I spent the whole year enjoying watching horse racing.

[goat68]

Those 3 doing over 300k, that's awesome
Makes me think who are they taking to the cleaners !?

[Derek27]

Broke-even is a bit vague. Winning £1K could be a great result for a small-time trader but one of the £300K+ traders would consider it breaking even.

[Archangel]

A lot too depends on how much turnover you can churn through the market. Even a small edge can make huge profits if you can get millions turned over.
Thats basically what the bookmakers do

[trad1ngbull]

I have huge respect and admiration for anyone who can say they trade Betfair markets full time and it is their primary source of income/livelihood these days.

Why?

Best Regards.