new to betangel

[noobie]

hi
betangel is a software right? betfair is the bookmaker? i need to make clear. and i watched the videos on scalping and he say its not rocket science but i still dont get it.

for example horse racing, b4 the race u scalp. but how do u know that its going the direction u want. so my questions is im wondering is it a 100% win rate or there are times things go wrong. because it may look nice earning a few bucks no matter who wins but u are putting hundreds of dollars at risk just to get a few bucks profit so if anything goes wrong u lose hundreds which will take u many many times of scalping to break even and the more times u do the more u may come across situations where things happen the way u dont want it to happen.

so simply put it, is it a 100% win stredegy? or is there chances that u will lose once in a while.

thanks

[oddstrader]

It's certainly not 100% or even 90 or 80 but as long as your win totals outweigh your loss totals you should be ok - but profitability takes time and you have a steep learning curve ahead of you, but good luck .

[rubysglory]

Hi. If I may, I would best describe Bet Angel as a Trading Platform for use on a betting exchange - Betfair. Bet Angel and Betfair are entirely seprate entities. As a Trader you should be involved in the process of Buying & Selling, no different to a shop keeper. If you buy low and sell high you will make money. If you sell low you will lose money. Hope this helps and all the best on your 'journey'.

rg

[LeTiss]

You don't lose hundreds

You only lose hundreds if you're not big enough to accept a loss and cut out. It's a business, Tesco and Wal-Mart lose money on certain items, but that doesn't matter overall

It's the same with being a trader, unfortunately your current mindset is where amateurs or crap traders go wrong. Their problems are psychological as much as which direction will this selection go, and they end up losing a huge wedge, just because they didn't have the discipline to accept an annoying small loss