Hi everyone,
I apologise in advance for this because some of you will have seen this asked a thousand times before I expect.
I am chipping away at pre-off racing markets and think I am finally making some headway. I have now started to venture into football markets because to my mind it's something else I should work on to build me up as a sports trader.
The other night I traded the Arsenal v Stoke match.
I thought I would just trade the match odds market with a few basic scalps (nothing clever because I don't know what I'm doing) the problem I found was that 1 hour out there was a trillion pounds either side of the book (1.45 ish) for Arsenal to win.
To cut a long story short, if I wanted to do a bit of scalping on a football market like this, should I:
1) not do it on match odds market because of the volumes of money involved.
2) Do it on match odds market but do it much earlier like 2pm to try and get forward in the que.
3) Only do this on correct score market.
I know really that there is no one size fits all approach but some of you who trade football will have a much better idea to this than I do and I'd appreciate your thoughts.
Thanks again.
Basic football trading.
I'l try and answer this one, If a market has large amounts of money on both sides it normaly means there is money getting taken on both sides, if you think that this is happening you can join in, but this doesn't mean the market won't move, you have to decide what is going to happen and try and make the right trades.Lammtarra wrote:Hi everyone,
I apologise in advance for this because some of you will have seen this asked a thousand times before I expect.
I am chipping away at pre-off racing markets and think I am finally making some headway. I have now started to venture into football markets because to my mind it's something else I should work on to build me up as a sports trader.
The other night I traded the Arsenal v Stoke match.
I thought I would just trade the match odds market with a few basic scalps (nothing clever because I don't know what I'm doing) the problem I found was that 1 hour out there was a trillion pounds either side of the book (1.45 ish) for Arsenal to win.
To cut a long story short, if I wanted to do a bit of scalping on a football market like this, should I:
1) not do it on match odds market because of the volumes of money involved.
2) Do it on match odds market but do it much earlier like 2pm to try and get forward in the que.
3) Only do this on correct score market.
I know really that there is no one size fits all approach but some of you who trade football will have a much better idea to this than I do and I'd appreciate your thoughts.
Thanks again.
Hope this helps a little.