Hi all
I am a new trader having obtained bet angel a couple of weeks ago. Before this I was trading using bet trader using their seven day trial. In this time I have been mainly concentrating on horse scalping as well as football but I haven't been able to make any real headway with either.
I started out with horses as I could see that there are a lot of races available every day and could make a small profit on each culminating in a tidy profit at the end of the day, or that's what the intention was. Bet trader was full of different options to choose from it was quite overwhelming. Bet angel on the other hand is far simpler but still has the level of complexity needed. I have tried on several occasions doing 1 tick scalping but 8 times out of 10 every time I go into the market it turns back the other way and rarely returns. For horseracing iron using minimum stakes or the practice mode.
Being physically disabled and using my mouth to control the mouse while I really like the idea of scalping on horse racing it's a little frantic for my liking.
One of my carers and I have been working on some football strategies together and while he has had a fair bit of success I definitely haven't. I have never been a great fan of the game but since betting on games I have started to appreciate them more. I have employed several strategies: (see below)
starting with a very simple laying the draw where the odds on each team have a significant odds difference. This was the first strategy we came up with. This only really works if the favourite scores first. In the games I used this strategy on it always seems like the underdog scored first . While I could leave the money in and see if the favourite can score 2 goals my opinion is that you should cut your losses and get out losing only a small percentage of your liability.
Laying the draw along with backing of 0-0 and 1-1. This worked until you get to 2-1 and then you're in a real quandary whether to get out or stay in and just risk your whole liability. By this time I've found that the odds on backing a 2-2 draw was so short that it wasn't worth doing. In this case I got out losing a significant chunk of my bets.
My next strategy I tried was using the Dutching facility on the bet angel. I bet from 0-0 up to 2-2 but again in the games I tried the score went out to 2-3 and another game went up to 3-0.
My last strategy which could have worked but didn't was a simple backing 0-0, 0-1 and 1-0. Unfortunately two goals were scored by the favourite within 20 min and while I could have come out of the game at 12 min with a 15 % profit I thought "let's give it a little longer" but in that time a goal was scored.
I would very much like some constructive criticism and advice from somebody who can show me some simple strategies especially for football so I can start getting money back into my bet fair account instead of losing it!
Many thanks
Keith
Frustrating Times!
is my e-mail too general To get some advice? Do I need to be more specific in what I'm asking?
I have watched all the radios on bet Angel and they make it look so easy! I guess they have had a couple of years of doing this so they have got over all the hurdles of Learning what is good and what is bad.
Thanks again
I have watched all the radios on bet Angel and they make it look so easy! I guess they have had a couple of years of doing this so they have got over all the hurdles of Learning what is good and what is bad.
Thanks again
The founder has been doing it over 10 years, i have been doing it over two and just getting there now, that should answer your querry in one, its a long journey nobody is going to give you a sound directionKeith UK wrote:is my e-mail too general To get some advice? Do I need to be more specific in what I'm asking?
I have watched all the radios on bet Angel and they make it look so easy! I guess they have had a couple of years of doing this so they have got over all the hurdles of Learning what is good and what is bad.
Thanks again
Keep watching video,s , read articles blogs etc, and you will pick up bits from these, but dont have the thought process of seeing a video, making a £200 trade and that you can do that straight off, more of i will do that in time. If you have no patience at this then you may aswell throw in the towel now,
Also try to dissconect from making money and more of being able to trade. If you use funds you wont miss it makes it easier
Hope this spreads some light
Maybe you should have a look at tennis trader. That will do a lot of the hard work for you. Look for low risks with high rewards.
As ferru123 said "You don't need to have quite the lizard-like reactions you do with scalping.
You could try opening a value trade at the begging of each game. Then closing small bits as the game progresses or at the end of each game. Open up practice mode and have a play with stratigies.
I’m sure there are some videos about.
As ferru123 said "You don't need to have quite the lizard-like reactions you do with scalping.
You could try opening a value trade at the begging of each game. Then closing small bits as the game progresses or at the end of each game. Open up practice mode and have a play with stratigies.
I’m sure there are some videos about.
Hi guys
Thanks very much for all your Posts. While it might have looked like I was asking for definite ways to trade I was more looking for some constructive criticism about what I have been doing already.
Football advice I was looking for
I.e. is it More common to Dutch three results from 0-0, 1-0 and 0-1 or is it better to Dutch more Results? I know this is personal preference but this was the sort of advice I was looking for. Also does it matter that you don't particularly like the game, can you work out A strategy just from the odds Or Doyou need a good understanding of the Teams and Their strengths and weaknesses?
Ferru: Trend Trading
is this where you look at the amount of money down the right side of the ladders and you go in at either the top or the bottom and hope that the price stays within those boundaries? No that is swing trading isn't it? so what is trend trading?
Many thanks
Keith
Thanks very much for all your Posts. While it might have looked like I was asking for definite ways to trade I was more looking for some constructive criticism about what I have been doing already.
Football advice I was looking for
I.e. is it More common to Dutch three results from 0-0, 1-0 and 0-1 or is it better to Dutch more Results? I know this is personal preference but this was the sort of advice I was looking for. Also does it matter that you don't particularly like the game, can you work out A strategy just from the odds Or Doyou need a good understanding of the Teams and Their strengths and weaknesses?
Ferru: Trend Trading
is this where you look at the amount of money down the right side of the ladders and you go in at either the top or the bottom and hope that the price stays within those boundaries? No that is swing trading isn't it? so what is trend trading?
Many thanks
Keith
Hi Keith
What you're describing is range trending (which some people may describe as a form of swing trading).
What I'm talking about basically is entering the market in the direction of a trend, and riding the trend for as far as it goes (and exiting ASAP when it moves against you).
Some people (inc Euler) trade trend reversals, using WOM to enter the market at points at which it looks like it might be about to reverse.
Jeff
What you're describing is range trending (which some people may describe as a form of swing trading).
What I'm talking about basically is entering the market in the direction of a trend, and riding the trend for as far as it goes (and exiting ASAP when it moves against you).
Some people (inc Euler) trade trend reversals, using WOM to enter the market at points at which it looks like it might be about to reverse.
Jeff
Keith UK wrote: Ferru: Trend Trading
is this where you look at the amount of money down the right side of the ladders and you go in at either the top or the bottom and hope that the price stays within those boundaries? No that is swing trading isn't it? so what is trend trading?