Insurance Bets, Seriously

[Derek27]

Euler,

So I read through this and I am going to apply it tomorrow, is there anything else I need to focus on with football trading when trading a live match. Feel free to leave a list!

https://help.smarkets.com/hc/en-gb/arti ... in-betting

I'll leave a list:-

• Learn the very basics of trading

Once you've done that you will have earned the respect of many people including me. Nobody would have any problem with you asking what a lay bet is or how to close a trade. When you ask more advance questions people will assume you know more than you do and get frustrated, and that's when the jokes and what you call silly comments spill out.

[Derek27]

Sorry, I meant to say I certainly WOULDN'T look for betting information on Facebook.

I'm sorry too, I'm just catching up.

Derek27, do you know Euler well. Can you ask him to reply with something useful?

Can you give an example of what might be useful? It can be entirely fictitious, an example of what you find useful would really help.

[Derek27]

Derek, your replies offer absolutely no value so I shall stop reading them. I have asked your three times now to stop interrupting.

You keep saying that about me, as well as calling this forum useless, but you keep coming back to ask me personally, and the rest of the forum questions!

[JustLukeYou]

I'm sorry too, I'm just catching up.

Derek27, do you know Euler well. Can you ask him to reply with something useful?

Can you give an example of what might be useful? It can be entirely fictitious, an example of what you find useful would really help.

Euler said I wasn't trading and that I was gambling. Can you add more beef to that view? Currently I am planning what I think will happen and backing when I think there is value and then trading out when I am making a profit or trading out when what I thought would isn't happening.

For example, I could see real value in game the other day finishing 1-1 at half time. When it got to 1-0 I traded out for a profit because I didn't want it to go to 2-0. Isn't that trading?

I could have traded out to create a free bet but I wanted to 'lock in' the profit.

[JustLukeYou]

Derek, your replies offer absolutely no value so I shall stop reading them. I have asked your three times now to stop interrupting.

You keep saying that about me, as well as calling this forum useless, but you keep coming back to ask me personally, and the rest of the forum questions!

Why are bringing in nonsense like Laurel and Hardy. I honestly don't mind if you are funny but you are from it. There is a BetAngel video in which he explains how he double his trading in one year and discusses how people told him trading wouldn't work and tells people if they believe in what they are doing and they are making progress to ignore them. I come on here, I am so far profitable and seeing ways to increase my profit yet people tell me to stop without any explanation.


Around five people have just assumed I use BetFair yet I'm supposed to be the stupid one. Even I know there around 5 trading platforms ont he market and wouldn't just assumed someone is using BetFair.

[Derek27]

Derek27, do you know Euler well. Can you ask him to reply with something useful?

Can you give an example of what might be useful? It can be entirely fictitious, an example of what you find useful would really help.

Euler said I wasn't trading and that I was gambling. Can you add more beef to that view? Currently I am planning what I think will happen and backing when I think there is value and then trading out when I am making a profit or trading out when what I thought would isn't happening.

For example, I could see real value in game the other day finishing 1-1 at half time. When it got to 1-0 I traded out for a profit because I didn't want it to go to 2-0. Isn't that trading?

I could have traded out to create a free bet but I wanted to 'lock in' the profit.

Technically, and only technically, placing a back bet followed by a lay bet on the same team is trading, even a six-year-old could be taught to do that. Serious trading involves slightly more complex judgements than simply trading out because you're making a profit or you don't want to make a loss (go to 2-0).

Before you fire your next 20 questions can you answer one of mine, which I've asked you before? You'll have to answer it here because your thread has been locked.

viewtopic.php?p=201377#p201377

[JustLukeYou]

£11.54?

[Derek27]

£11.54?

I have to congratulate you Luke, not so much for getting the question right, but for reading my question and answering it. If you can keep doing this whenever somebody asks you a question before firing more questions you could get better answers and find the forum more useful.

[JustLukeYou]

£11.54?

I have to congratulate you Luke, not so much for getting the question right, but for reading my question and answering it. If you can keep doing this whenever somebody asks you a question before firing more questions you could get better answers and find the forum more useful.

Could this issue be down to a clash of processes. For example, I am looking to trade matches by watching them live whilst other people are using other strategies.

[Derek27]

I think I get what the issue is. It doesn't help to have a conversation with the same person on two different threads that have both gone off-topic, but Luke is clicking on the quote button when he wants to speak to somebody, regardless of whether his 'reply' has anything to do with the quote, coupled with the fact that he ignores the last thing you've said, quoted or not.

[JustLukeYou]

Out of curiosity does anyone know what the time delay is between a goal going in and the bookies suspended the market? Does anyone know what the process is for a betting company to know a goal has been scored in a fast time to allow them to suspend the market?

[BetBuddy]

Out of curiosity does anyone know what the time delay is between a goal going in and the bookies suspended the market? Does anyone know what the process is for a betting company to know a goal has been scored in a fast time to allow them to suspend the market?

Yes but we are not telling you. Go to a betting shop and ask them.

[northbound]

Out of curiosity does anyone know what the time delay is between a goal going in and the bookies suspended the market? Does anyone know what the process is for a betting company to know a goal has been scored in a fast time to allow them to suspend the market?

Tipically:

Bookmaker companies use the services of an external company for this, one such company is called Running Ball.

This external company has one guy at the stadium watching the match.

This guy carries a tablet with some software connected to the internet.

When there's a goal, the guy clicks a button on the software, which sends an update to the bookie's own software (I'm simplifying massively here).

The bookie's own software suspends the market. The time between goal scored and market suspension is usually less than 2 seconds.

[jimibt]

Out of curiosity does anyone know what the time delay is between a goal going in and the bookies suspended the market? Does anyone know what the process is for a betting company to know a goal has been scored in a fast time to allow them to suspend the market?

Tipically:

Bookmaker companies use the services of an external company for this, one such company is called Running Ball.

This external company has one guy at the stadium watching the match.

This guy carries a tablet with some software connected to the internet.

When there's a goal, the guy clicks a button on the software, which sends an update to the bookie's own software.

The bookie's own software suspends the market. The time between goal scored and market suspension is usually less than 2 seconds.

so, if i went to the match with a tablet, would that mean that i could have a +EV?. I often feel that i know the game is going to be 2-0 and maybe if i hadn't betted 0-1 i would win. how do you find this?.

sorry, couldn't resist

[northbound]

so, if i went to the match with a tablet, would that mean that i could have a +EV?. I often feel that i know the game is going to be 2-0 and maybe if i hadn't betted 0-1 i would win. how do you find this?.

sorry, couldn't resist

Nice one

Before Luke gets any strange idea, bookies and exchange impose a delay of 5+ seconds from the moment you place the bet until the moment the bet hits the market.

A delay much higher than the time it takes to suspend the market.