My blog: For beginners by beginners

[Sharpsy]

Hi guys,

I thought I would do this blog to help myself and beginners. I trade on the u 2.5 goals market and all is explained here. Ive put this together while at work so if its rushed or something isn't clear then please let me know.

Hope this will help newbies and give them confidence to have a try and show it is pretty simple to profit on betfair.

Joe

http://betfairtradingchallange.over-blo ... 23328.html

[convoysur]

Hi
Thanks for the info,,ill get a good read at it to-night,although i think BA wilL ask you to post the blog here,as it would shift traffic from there site. ???
Regards
Marc,,,

[Sharpsy]

More than happy to do that if someone points me in the right direction...

[Sharpsy]

http://betfairtradingchallange.over-blo ... 72429.html

Here's a summary for my first weekend folks

[hordalan]

Hi Sharpsy

Interesting strategy, hope it goes well for you. Looks good so far.

I do a bit of trading on the O/U markets but I tend to start on the 2.5 market and keep scalping until 2 goals are scored then I will switch to the 3.5 and so on.
Doing ok but do get caught out with the odd goal while I have a trade on (I listen to the game on the radio to try and avoid this)
Anyway it is possible to get back to a green postion after the 1st goal.

My main point for you however is if an early goal is scored in say 5 mins the odds would jump out and you would red up. Typically for a match starting at about 2.0 it would jump to approx 3.6/3.7. This would give you about a £40 loss. That is going to take quite a few games to make it back. I know you don't want to continue the trade but providing there isn't another quick goal it is possible to get back to a green or to reduce your red in a relativly short timescale.

Anyhow you have a strategy and so far it has worked for you plus I guess you can suss the correct games to trade on better than me.

Regards
Alan

[Sharpsy]

There is a risk and last night nearly showed. Arsenal scored in the third minute of the game, however, my 5% had hit 2 minutes in so it was irrelevant.

I would accept the loss, however my point is that for minimal effort involved and it is literally 3 minutes a day, you can increase £100 into a larger amount by the end of the season.

Ive started noticing big 'swinging' opportunities now, in terms of odds being higher than they should be, so sticking a back bet on 24 hours before and going to see the outcome just before kick off...

[Sharpsy]

There is a risk and last night nearly showed. Arsenal scored in the third minute of the game, however, my 5% had hit 2 minutes in so it was irrelevant. You can get into a waiting game opportunity but this really is squeeky bum time. The Arsenal game had a fair few close calls and if I was still in I would have turned a different colour.

I would accept the loss, however my point to this blog/experiment/showing off is that for minimal effort involved, and it is literally 3 minutes a day, you can increase £100 into a larger amount by the end of the season. If you can show a savings/share scheme that can do that then I would love to see it.

Ive started noticing big 'swinging' opportunities now, in terms of odds being higher than they should be, so sticking a back bet on 24 hours before and going to see the outcome just before kick off, hoping they fall in line with the bookies odds...

[hordalan]

I was on the Arsenal game as well, wonderered how you got on.

I was left with £50 matched when 1st goal went in.
Managed to trade out with a £6.50 profit but your right I had more 'stress' than you. At first the odds hardly moved, thought they were bound to score again but stuck it out. Not an ideal match for me.


Regards
Alan

[convoysur]

Ill put another blog at the end of this week, hopefully this will inspire beginners to have a bash and give it a go as trading talk can send your head spinning and it really is as simple as you like (sharspy )

Hi sharpspy.
it looks great to me ,kinda fool proof for a guy whos only ever watched one game of football in my life,so as your quote above has suggested, i feel inspired and want to give it a bash, im umemployed so i can sit up day and night and do it with football games all over the world am or pm it dont matter,
but please tell me what should i avoid if anything ? im thinking liquadity ,what should be the min amount traded in the u 2,5 market if any ? my bank is small so getting filled shouldent be a problem, will i just go for it and do every game ? its the best simple plan ive seen in my 8 months loosing money trying to trade,
Regards
Marc

[convoysur]

Hi All
I just learned my first expensive football trading lesson,that is that not all football games go in play like the horse racing,so one cant trade out. hmmmm i wont be doing that again,,
Marc,,,,,,,,

[ODPaul82]

I usually always check on the betfair site to make sure whether a market is going to be able to be traded in play or not. I've had my fingers burnt many a time

[Sharpsy]

Update...

http://betfairtradingchallange.over-blog.com/

[nomadic]

A couple of years ago I used to spend a small amount of time trading in-play football (but not so much lately)... so perhaps some things may have changed since then, but if not, be aware that even some games that start off with in-play trading may in fact have in-play trading suspended at some point... if i recall correctly, such matches may have "in-play" trading re-opened at halftime, but then suspended again at the start of the 2nd half... I can vividly recall a Swiss league match where this happened and what would have been a small profit became an ugly loss...

[nomadic]

Sorry, just to clarify, I wasn't meaning "suspended" (as in what happens when a goal is scored, etc.) but instead, what may happen when those at Betfair who are monitoring a game may lose access to the video coverage of the game in question...