Fake money

Help improve Bet Angel.
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iguess
Posts: 14
Joined: Sat May 29, 2010 9:07 am

Hi,

I understand there is no such a feature as training your skills with fake money.

It is unbelievable how you dont have this.
Did you ever thought to do it?
Did somebody else requested?

Would it be hard to implement?
You cant ask somebody to read tutorials for a few months when he came from work and only after such a long time to start to bet.
It will be so nice to be free to click all over the place and to place bets to change numbers and see what is happening.

Wait - actually I am pretty sure you have this feature - it must be for development.

Can you make it public? maybe with an extra cost?
I will pay ... 50 to be able to test whatever system I want and see how it works.

Please please make this available :)
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LeTiss
Posts: 5489
Joined: Fri May 08, 2009 6:04 pm

Why?

You can't trade with fake money on a proper market.

This isn't a virtual casino, prices move due to real money & there's no way you can replicate this on a computer generated model.

If they did, it wouldn't be an accurate reflection on what really happens in the bear pit

You need to be a little braver & take the plunge I'm afraid
mikesalter
Posts: 40
Joined: Sun Mar 07, 2010 1:30 pm

Hi Igues,
I understand this and Le Tis is correct in his assessment. I, like you, am at the novice stage and thought this at first but as soon as you actually get involved you realise it is impossible. Markets move in a way that does not follow a pattern or algorithm, I don't think its completely random but intelligent people are constantly changing their decision making to reflect a particular set of circumstances .

However if you are prepared to put £50 in to a 'practise' software I suggest you put it into betfair and start trading with £2 bets/lays. I have been trading fairly regularly since my first venture into the market in February. I have made in excess of 500 trades on cricket, tennis and pre off horses and still have £37 in my bank. I am a fair way off making a regularly profit but I have learnt a lot and it has cost me nothing other than a couple of hundred hours and £13. As LeTis says, get out there and have a dable, but absolutely do not start raising the stakes until you are happy you understand the market.
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