Hey, just getting started with the Betangel software. I have a target to make a daily profit of £15-20 daily with Betfair trading. What is in your opinion the easiest and safest strategy?
Many thanks for your advice
Easiest and safest way to make £15-20 daily with Betfair trading
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ShaunWhite
- Posts: 10408
- Joined: Sat Sep 03, 2016 3:42 am
You'll make either nothing or more. You either have an edge or you don't and if you do then you can scale your stake.
There are no 'easy' markets or easy strategy, pick a market type that interests you and focus on understanding that, and how when where and how much the prices move when real world events happen.
The markets are too small for people to simply share a winning strategy, if you do you risk reducing your profits because the other person is getting some of the action you used to have.
Have you got any prior betting experience, deep intersting in a particular sport or any IT skills? All of those will inform the trading style you choose and everyone plays to their own strengths.
There are no 'easy' markets or easy strategy, pick a market type that interests you and focus on understanding that, and how when where and how much the prices move when real world events happen.
The markets are too small for people to simply share a winning strategy, if you do you risk reducing your profits because the other person is getting some of the action you used to have.
Have you got any prior betting experience, deep intersting in a particular sport or any IT skills? All of those will inform the trading style you choose and everyone plays to their own strengths.