Cashing out or not

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fullchat
Posts: 23
Joined: Sat Jun 08, 2019 10:43 pm

Hi Guys,
When I am trading tennis I am getting into scalping and quick little returns and can cash out easily enough . I have started doing the same with football and o/u trades are ok ish but what is the latest you leave a trade there for the match bets? What I mean is I find a team my checks /form etc and place an early back bet then wait..... however a few times the other team score first (not favourite team) so I carry on waiting as there’s 3/4 of a match to go then all of a sudden you pass the point of no return and lose if all? I would normally think that well just move on to the next game but is there something I’m missing or do I just cash out quicker even if the facts say my re should win? Would be interested in your views
iambic_pentameter
Posts: 453
Joined: Wed May 18, 2016 1:24 pm

A simple rule of thumb would be:

Do research pre-event and have in your mind a picture of what you expect to happen but if that doesn't happen when it goes in play, then act accordingly i.e. close trade and move on to the next one.

There is a great saying "Trade what you see, not what you want to see" - worth printing that off and putting it on your desk.

I'd also reccommend focusing on one sport and becoming competent in that before trying another one.

Iambic
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fullchat
Posts: 23
Joined: Sat Jun 08, 2019 10:43 pm

Hi lambic,
I like the saying u use I think that will help me a lot !!!! Thanks
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Euler
Posts: 26940
Joined: Wed Nov 10, 2010 1:39 pm

On a broad basis, I would be less likely to hedge earlier in the match as you have plenty of chance to build up a profit on both side of the book before hedging later. But if there are only a few games left then hedging makes more sense.
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fullchat
Posts: 23
Joined: Sat Jun 08, 2019 10:43 pm

Thanks Euler I get what you are saying

fullchat
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