Where Am I Specifically Going Wrong With This Please?

Football, Soccer - whatever you call it. It is the beautiful game.
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JustLukeYou
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But with this game isn't just a coincidence that there was a goal just after the lay price reached 1.25?
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ShaunWhite
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JustLukeYou wrote:
Sat Oct 19, 2019 8:37 pm
Is it possible trade two markets in the same match to par them off against one another?
Yes, if you know what you are doing, but if you can't trade one, why will trading two help?
JustLukeYou wrote:
Sat Oct 19, 2019 8:37 pm
The odds didn't decay enough to allow me to trade out for a profit on backing less than 3 goals
Decay is something that's reasonably easy to learn about. The fact it didn't decay enough was nothing to do with the market, it was to do with the fact you were guessing rather than knowing how the price would move and how quickly. If you're making so much use of the BA forum I can only assume you're a BA subscriber, so take a look at SoccerMystic as previously suggested, it will show you, in real time, what you possible PL is at anytime and for any time goals might be scored. I don't know why you're not using it, it tells you, you're guessing.
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Kai
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JustLukeYou wrote:
Sat Oct 19, 2019 9:27 pm
So you place the lay bet low and wait for a goal?
JustLukeYou wrote:
Sat Oct 19, 2019 9:32 pm
But with this game isn't just a coincidence that there was a goal just after the lay price reached 1.25?
Yes to both. This game is a random example that took 10 seconds to find, just trying to explain the concept of trading unders in this manner. It's not a flat strategy that will work on every game that you blindly choose, the edge has to come from your own reading of the game and the prices. Thought it was a decent strategy to get to know the concepts of trading and these markets better.
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Kai
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People actually do use this strategy to great effect, so it's not just for practice.
Last edited by Kai on Sat Oct 19, 2019 9:57 pm, edited 2 times in total.
JustLukeYou
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Joined: Thu Oct 03, 2019 10:51 pm

How often do you get 2 or more goals and quadruple your stake, sounds like it is not that often?
JustLukeYou
Posts: 518
Joined: Thu Oct 03, 2019 10:51 pm

Have you seen this video, I have watched it a few times. Does is sound reasonable strategy:

https://www.youtube.com/watch?v=lC1cpCOMFJg
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Kai
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JustLukeYou wrote:
Sat Oct 19, 2019 9:48 pm
How often do you get 2 or more goals and quadruple your stake, sounds like it is not that often?
It's not a straight lay bet, you are not looking to actually quadruple your stake, that would not be trading. It's pointless to explain this further because it's too abstract for you to understand, you need to get your hands dirty to understand. Feel free to manage your lay position however you see fit, after the first goal comes you can do many things, take the full profit or eliminate the red or do nothing etc. That should be more than enough to get you going.
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Kai
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JustLukeYou wrote:
Sat Oct 19, 2019 9:50 pm
Have you seen this video, I have watched it a few times. Does is sound reasonable strategy:

https://www.youtube.com/watch?v=lC1cpCOMFJg
Not interested in watching a video about a statistical edge on under 1.5.
JustLukeYou
Posts: 518
Joined: Thu Oct 03, 2019 10:51 pm

Kai wrote:
Sat Oct 19, 2019 9:53 pm
JustLukeYou wrote:
Sat Oct 19, 2019 9:48 pm
How often do you get 2 or more goals and quadruple your stake, sounds like it is not that often?
It's not a straight lay bet, you are not looking to actually quadruple your stake, that would not be trading. It's pointless to explain this further because it's too abstract for you to understand, you need to get your hands dirty to understand. Feel free to manage your lay position however you see fit, after the first goal comes you can do many things, take the full profit or eliminate the red or do nothing etc. That should be more than enough to get you going.
Okay, I will give it a try. How regular are these games considering I will need to watch it.
JustLukeYou
Posts: 518
Joined: Thu Oct 03, 2019 10:51 pm

Kai wrote:
Sat Oct 19, 2019 9:54 pm
JustLukeYou wrote:
Sat Oct 19, 2019 9:50 pm
Have you seen this video, I have watched it a few times. Does is sound reasonable strategy:

https://www.youtube.com/watch?v=lC1cpCOMFJg
Not interested in watching a video about a statistical edge on under 1.5.
Why is that?
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jimibt
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Joined: Mon Nov 30, 2015 6:42 pm

JustLukeYou wrote:
Sat Oct 19, 2019 9:55 pm
Kai wrote:
Sat Oct 19, 2019 9:54 pm
JustLukeYou wrote:
Sat Oct 19, 2019 9:50 pm
Have you seen this video, I have watched it a few times. Does is sound reasonable strategy:

https://www.youtube.com/watch?v=lC1cpCOMFJg
Not interested in watching a video about a statistical edge on under 1.5.
Why is that
Can't speak for kai, but under evens makes pretty much no sense (longer term)
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Derek27
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JustLukeYou wrote:
Sat Oct 19, 2019 9:55 pm
Kai wrote:
Sat Oct 19, 2019 9:54 pm
JustLukeYou wrote:
Sat Oct 19, 2019 9:50 pm
Have you seen this video, I have watched it a few times. Does is sound reasonable strategy:

https://www.youtube.com/watch?v=lC1cpCOMFJg
Not interested in watching a video about a statistical edge on under 1.5.
Why is that?
Given how much time traders have spent helping you, do you really think people have all evening, never mind a Saturday evening, to watch videos and write a personal review for you?
JustLukeYou
Posts: 518
Joined: Thu Oct 03, 2019 10:51 pm

jimibt wrote:
Sat Oct 19, 2019 9:59 pm
JustLukeYou wrote:
Sat Oct 19, 2019 9:55 pm
Kai wrote:
Sat Oct 19, 2019 9:54 pm


Not interested in watching a video about a statistical edge on under 1.5.
Why is that
Can't speak for kai, but under evens makes pretty much no sense (longer term)
Why is that? His approach is back there being 1 more goal in the second half even if it is 1-1 at half time.
JustLukeYou
Posts: 518
Joined: Thu Oct 03, 2019 10:51 pm

Derek27 wrote:
Sat Oct 19, 2019 10:00 pm
JustLukeYou wrote:
Sat Oct 19, 2019 9:55 pm
Kai wrote:
Sat Oct 19, 2019 9:54 pm


Not interested in watching a video about a statistical edge on under 1.5.
Why is that?
Given how much time traders have spent helping you, do you really think people have all evening, never mind a Saturday evening, to watch videos and write a personal review for you?
Here comes PredictableKevin trying to ruin a good discussion.
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Kai
Posts: 7094
Joined: Tue Jan 20, 2015 12:21 pm

Because I personally think stats are near useless for trading. I've expressed a more detailed opinion on it here : viewtopic.php?p=198768#p198768

Forget that video, do a search on Youtube for Theo Borges Italia vs Holanda and skip to 1h and 33 mins, you can see a trader applying this strategy there. That's all I can say, you can fill the rest there. Have fun :)
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