Newbie Red to Green

[Playbyte]

I have noticed recently that if I had an unmatched bet from pre-play it was cancelled when the race started it left me in a Red position except for the horse that still had the matched bet on it.

I followed this into play with my finger holding down the mouse button ready to strike at the lowest Red I could achieve using the average race timings I have posted in another topic so that I know not to leave it too long.

As the race was getting towards its end, I have noticed the numbers rapidly flicking back and forth between Red and Green. There comes a time when some stability comes into the green numbers and I can release the mouse button to green up.

This has always resulted in taking a red loss into a green and making more than the normal green position would of been pre race.

Could you explain what is happening please and what causes it.

Thanks from a grateful newbie on all the help I get from this forum.

[Dallas]

You should never let a pre-race trade go in-play, you will get a bigger green 9/10 times but then that one time will wipe all those profits and a whole lot more if not your whole bank.

You have the option to keep or take SP any unmatched bets, the take SP is a far better option.
http://www.betangel.com/user-guide/bet_ ... 3D&mw=MzIw

Another option is to automate the above so you have extra protection otherwise actually automate a green up at the off, a file to do this has been made and is avalible from the sharded files section
viewtopic.php?f=43&t=11361

[spreadbetting]

The numbers are flickering red to green as the program uses the odds on offer to calculate any possible profit or loss. Obviously in play these can move around very quickly especially towards the end of a race, seems you've been lucky to get out with all greens.

I'd echo Dallas' comments about not going in play, if that's the way you are going to play it might be better for you to use the ladder as you'll be able to see possible outcomes and place your bets at all price points.

[Playbyte]

Thank you Dallas and Spreadbetting for your replies, I fully expected to get my legs slapped for the taking it in play lol.

I use the ladder exclusively for my placing of orders and I have been watching what happens but I had not been taking SP rather than what I was doing so I will look at that and see what happens.

All this is a learning curve when you are trying to find/develop a strategy and you have to start someplace. For me, building my bank is a priority at the moment while I learn the other stuff.

[spreadbetting]

I wouldn't put too much priority on building the bank if you've just started. Concentrating too much on avoiding losses etc may make you start to pick up bad habits and believe me they're very hard to unlearn if you come to rely on them in your early stages of trading. Once you've learnt the basics and found some 'edge' the bank will happily take care of itself by compounding if everything else is in order.