How would you handle this football trading opportunity?

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arbitrage16
Posts: 533
Joined: Tue Feb 14, 2017 7:27 pm

Alert comes in - lay the draw. Strike rate on these alerts is 75%.

Game is 0-0. 48 minutes gone. Price on the draw at the time of alert is 3.0.

This is a new system for me and outside of my usual trading style - I trade in-running horses and that, for me, is more about pattern recognition.
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Derek27
Posts: 23678
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

arbitrage16 wrote:
Fri Jan 05, 2024 11:52 am
Alert comes in - lay the draw. Strike rate on these alerts is 75%.

Game is 0-0. 48 minutes gone. Price on the draw at the time of alert is 3.0.

This is a new system for me and outside of my usual trading style - I trade in-running horses and that, for me, is more about pattern recognition.
If the strike rate on those alerts is 75%, what's the average price of all those winning lays?
Michael5482
Posts: 1252
Joined: Fri Jan 14, 2022 8:11 pm

arbitrage16 wrote:
Fri Jan 05, 2024 11:52 am
Alert comes in - lay the draw. Strike rate on these alerts is 75%.

Game is 0-0. 48 minutes gone. Price on the draw at the time of alert is 3.0.

This is a new system for me and outside of my usual trading style - I trade in-running horses and that, for me, is more about pattern recognition.
I'd look at the game in more detail. If a game is 48 mins old and nothing has changed from the 1st half then personally I'll leave it and keep an eye on it, I like to see some type of change or intent on the pitch formation change, substitutions, team tiring basically some type of catalyst into the game so to speak.

It's one of them ones 0-0 lay the draw everyone has their own trading style, strategy's etc You could get 5 different answers but also all be right.
Atho55
Posts: 638
Joined: Tue Oct 06, 2015 1:37 pm
Location: Home of Triumph Motorcycles

I have no idea if this goal timing tool can be used this way but if you select all the minutes after 48 for both the 1st home goal and 1st away goal then the correct score outcomes of the matches at least for the Premiership I figure look like this.

49m Onwards.png
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Kai
Posts: 6230
Joined: Tue Jan 20, 2015 12:21 pm

Tbh I wouldn't automatically assume that it was an opportunity for starters. FWIW not a big fan of tipster alerts, or stats, which I dropped in the first year.

But isn't the 75% accuracy more of a sales pitch than the expected accuracy for the average end user?

Your own accuracy would depend on how many alerts you actually catch so could vary in the shorter term. Another annoying bit (besides not really knowing where your edge comes from) is you basically turn trading into an on-call job which you have no real control over.

Rebelo played around with goal alerts and it didn't work that well, users were piling on too quickly turning value prices into terrible ones, which people were still desperate to get on out of pure FOMO!

That being said, obviously it's probably better than nothing :)
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