Loss to Profit and How?

Football, Soccer - whatever you call it. It is the beautiful game.
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

JustLukeYou wrote:
Sun Oct 13, 2019 11:30 pm
Just profited from Sao Paulo as I looked at their form and if they drew it would look like a strange pattern of form and Corinthians weren't doing that much attacking. Turned 20p into 46p. Just not sure where to go next. When should I start increasing my stakes?
Do you flipping read any of the advice you've been given???

You've been given a link to a crash course in trading, in English, no subtitles needed; now you're rejoicing in your 26 pence profit and want to know where to go next. :roll:
JustLukeYou
Posts: 518
Joined: Thu Oct 03, 2019 10:51 pm

jimibt wrote:
Sun Oct 13, 2019 11:25 pm
JustLukeYou wrote:
Sun Oct 13, 2019 11:24 pm
So you are watching it with Translation text? I can't see any translation.
yes... translation, graphics, commentary, pictures, reminders of what he did etc...
Many thanks for your help jimibt. Is it possible to set up a spreadsheet calculator for this type of trade or is quite easy to calculate.

He says "whenever we Back and then lay at a lower odd with the same stake we create a free bet" but how does he do that if the lay odds are not 1.25?
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Derek27
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jimibt wrote:
Sun Oct 13, 2019 11:25 pm
Derek27 wrote:
Sun Oct 13, 2019 11:23 pm
JustLukeYou wrote:
Sun Oct 13, 2019 11:20 pm


The video is in Portuguese. Are there no videos in English explaining how this works?
Could you not learn Portuguese?
that might take too long...
I quickly learnt Spanish before I went there on holiday: hola, una pinta de cerveza & gracias.
JustLukeYou
Posts: 518
Joined: Thu Oct 03, 2019 10:51 pm

The copy and paste doesn't below but I have set up a spreadsheet which calculates his bets but how is getting the 1.25?

If the lay odds were 1.3 would the freebet still work but his profit would be lower if there were less than 1.5 goals?














PROFIT


BACK
1000
2.49

2490

4440
1940


BACK
1000
1.95

1950















LAY
1000
1.25
0.25
250





LAY
1000
1.25
0.25
250
Last edited by JustLukeYou on Sun Oct 13, 2019 11:49 pm, edited 1 time in total.
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

JustLukeYou wrote:
Sun Oct 13, 2019 11:40 pm
jimibt wrote:
Sun Oct 13, 2019 11:25 pm
JustLukeYou wrote:
Sun Oct 13, 2019 11:24 pm
So you are watching it with Translation text? I can't see any translation.
yes... translation, graphics, commentary, pictures, reminders of what he did etc...
Many thanks for your help jimibt. Is it possible to set up a spreadsheet calculator for this type of trade or is quite easy to calculate.

He says "whenever we Back and then lay at a lower odd with the same stake we create a free bet" but how does he do that if the lay odds are not 1.25?
For fuck's sake, just do the 25-minute course instead of wasting people's time.

A free bet requires trading to exactly the same stake regardless of the price difference. Back £1 at 1.3, lay £1 at 1.25, and you have a free bet of £1 times (1.3 - 1.25) = 5 pence if it wins, nothing to lose if it doesn't.
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Kai
Posts: 7110
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Why do you remind me of Bill Murray from The Man Who Knew Too Little? :mrgreen:

You've managed to bluff your way to 95 posts before we figured out where the problem is, you are one of the biggest accidental trolls I have ever seen :D You're in for a treat once you discover cheap lay strategies on football :D
JustLukeYou
Posts: 518
Joined: Thu Oct 03, 2019 10:51 pm

Derek27 wrote:
Sun Oct 13, 2019 11:49 pm
JustLukeYou wrote:
Sun Oct 13, 2019 11:40 pm
jimibt wrote:
Sun Oct 13, 2019 11:25 pm


yes... translation, graphics, commentary, pictures, reminders of what he did etc...
Many thanks for your help jimibt. Is it possible to set up a spreadsheet calculator for this type of trade or is quite easy to calculate.

He says "whenever we Back and then lay at a lower odd with the same stake we create a free bet" but how does he do that if the lay odds are not 1.25?
For fuck's sake, just do the 25-minute course instead of wasting people's time.

A free bet requires trading to exactly the same stake regardless of the price difference. Back £1 at 1.3, lay £1 at 1.25, and you have a free bet of £1 times (1.3 - 1.25) = 5 pence if it wins, nothing to lose if it doesn't.
So can you set these up early on by placing an order at 1.25? But if you do that and the 1.3 dives to 1.1 then it wastes profit. Is that right?
BetBuddy
Posts: 153
Joined: Tue Jul 09, 2019 3:23 pm

This person is a complete muppet. I would suggest everyone just ignores him/her.
JustLukeYou
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Also, is it possible to do this in reverse. So you place the lay first, wait for the back odds to over the lay odds and then place the bet on the back odds?
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Derek27
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JustLukeYou
Posts: 518
Joined: Thu Oct 03, 2019 10:51 pm

I want to say thank you to who ever advised me to watch Paulo Rebelo.

I am making good progress. The research helps massively. Instead of having this forum there should be a message that says "Watch Paulo Rebelo" because that is basically the only use you get from this forum.

No one discusses anything else, whether they focus on specific leagues or will trade any match anywhere in the world, for example.
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Derek27
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Joined: Wed Aug 30, 2017 11:44 am

JustLukeYou wrote:
Mon Oct 14, 2019 12:40 am
I want to say thank you to who ever advised me to watch Paulo Rebelo.

I am making good progress. The research helps massively. Instead of having this forum there should be a message that says "Watch Paulo Rebelo" because that is basically the only use you get from this forum.

No one discusses anything else, whether they focus on specific leagues or will trade any match anywhere in the world, for example.
The fact that you can't even remember who advised you to watch Paulo Rebelo's channel demonstrates your inability to engage with people and how little you appreciate the effort people put in to reply to your threads. :roll:

https://www.youtube.com/watch?v=NJyWf3UhWCE
Last edited by Derek27 on Mon Oct 14, 2019 1:07 am, edited 1 time in total.
JustLukeYou
Posts: 518
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This forum has helped me to find a YouTuber. Other than that very little value. Hopefully things will change.
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Derek27
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Joined: Wed Aug 30, 2017 11:44 am

JustLukeYou wrote:
Mon Oct 14, 2019 12:59 am
This forum has helped me to find a YouTuber. Other than that very little value. Hopefully things will change.
I understand the frustration of posting 103 times only to get one reply you find useful. But stop thinking about yourself for a minute and think of the number of hours other forum members have collectively wasted posting replies that you just ignore. The bottom line is that it's a waste of time discussing trading if you're not even willing to learn the basics such as free bets, which you've been given links to, to help you understand.
burntheory
Posts: 59
Joined: Tue Sep 09, 2014 9:49 am

I'm neither a trader or a regular contributor to these forums but I can't help seeing similarities between the Luke "it was as if I could predict the future" threads and those of Luca "the little champion trader".

Maybe BF could set up a market along the lines of Are Luca and Luke the same person?
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