Quick question. Maybe 2...
Hi, I'm not sure if this is where to post a simple question such as this but I need to find out what it is asap so any feedback greatly appreciated. Very new to bet angel. When I enter a lay stake in the ladder column, an identical stake is also made in the backing column directly across from mine. Now I am not sure why, it could be just somebody else's automation, but I am afraid I have some setting or rule turned on or applied by mistake? I have checked all the stake settings etc and experimented by changing some settings but as of yet no joy. It doesn't seem to happen all the time, which leads me to believe it is not something I am actually doing? Would just like a bit of clarity on that as it is one less thing to think about. Also, do I need to select the green up option every time I am up? as I have just left races run their course and it just works out as a free bet..I think? There just seems to be so many things happening at once, I am yet to fully understand what needs to be done and when. Finally, is there a preferred strategy for earnings of roughly 100-150 pounds per day? I have watched and read so much about various strategies, I am at a loss to understand which one is best. In saying that, I am pretty sure it just comes down to stake size and whatever strategy suits best. Would just like to be sure however so any feedback greatly appreciated. Thanks a lot, Tristan.
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bigslick4357
- Posts: 7
- Joined: Mon May 18, 2015 5:30 pm
Madhatr am as new to this as you, i've done the same read loads and viewed every video on here and u tube, all looks simple but nothing is that simple, i had let a few of my lays just
take their course, if i know its a good lay then i lay, made mistakes and lucky enough came out ok, i done all the bookie free bets system and earned well out of that, so now trying this
I have asked a couple of questions about using a couple of methods on BA, but need to know more on the what if happens, dont show what ifs on video's, cos two methods on here look a great way of earning, but i want to know the what ifs if any,
Am ok on betfair been doing for years, this i want to learn, so as we are new to this BA how about keeping in touch and if we can help each other out, two heads can be better then one,
Learn by our mistakes and hope learn from each other.
I have read a lot in the forums and replys after help is needed or asked, just not 100% sure if they really want to give it, hate a reply you have to take the ups and the downs to learn,
cos that means one thing, hope to hear back from ya, Billy Claridge fb as well
take their course, if i know its a good lay then i lay, made mistakes and lucky enough came out ok, i done all the bookie free bets system and earned well out of that, so now trying this
I have asked a couple of questions about using a couple of methods on BA, but need to know more on the what if happens, dont show what ifs on video's, cos two methods on here look a great way of earning, but i want to know the what ifs if any,
Am ok on betfair been doing for years, this i want to learn, so as we are new to this BA how about keeping in touch and if we can help each other out, two heads can be better then one,
Learn by our mistakes and hope learn from each other.
I have read a lot in the forums and replys after help is needed or asked, just not 100% sure if they really want to give it, hate a reply you have to take the ups and the downs to learn,
cos that means one thing, hope to hear back from ya, Billy Claridge fb as well
Hi Tristian
Can you clarify your first point a bit more - do you mean that when you place your lay bet a back bet is placed immedietly by someone else at the same price and therefore instantly matching your lay, or that when you place your lay bet for example of £10 at say 3.10 BA is placing a £10 back bet from you at 3.15?
Its down to personal preference of each trader weather to green up for a equal profit on all runners or allow a free bet to run on on just 1 or 2, personally i always green up unless there is a field made up of two short priced favourites and the rest of the field 10+ the i would usually try and keep the free bets on the favourites, generally i think most people will just green for equal profits 99% of the time.
There will be numerous stratergies that can earn that figure a day but a large bank size would be needed and more importantly good understanding of the markets which will only come after 100s of hours of watching and been active in the markets, - if you where to target abround 3% per day then you would need around a 3K bank, you should put a finincial amount per day out of your mind and work in percentages this is the best way of steadily growing your bank over time, if you can make 3% per day of your bank at the end of 30 days you will of doubled it.
Finally the pro's you watch on you tube etc who make it look easy you have to remember that they have spend thousands of hours each year for several years to get where they are now its not just a case of clicking a mouse a few times and making lots of money each time they enter into the market on one of those videos they analizing several pieces of information from what there looking at and combining that with years of experience to make a calculated prediction as to which way a price will move and thats what allows them to make constant profits.
I wish you luck and money can definetly be made from trading if you have the patience and determination to suceed - but view those videos as educational vidoes on what can be achived after 1000s of hard worked hours and not whats possible just by a few clicks of a mouse.
Regards
Andy
Can you clarify your first point a bit more - do you mean that when you place your lay bet a back bet is placed immedietly by someone else at the same price and therefore instantly matching your lay, or that when you place your lay bet for example of £10 at say 3.10 BA is placing a £10 back bet from you at 3.15?
Its down to personal preference of each trader weather to green up for a equal profit on all runners or allow a free bet to run on on just 1 or 2, personally i always green up unless there is a field made up of two short priced favourites and the rest of the field 10+ the i would usually try and keep the free bets on the favourites, generally i think most people will just green for equal profits 99% of the time.
There will be numerous stratergies that can earn that figure a day but a large bank size would be needed and more importantly good understanding of the markets which will only come after 100s of hours of watching and been active in the markets, - if you where to target abround 3% per day then you would need around a 3K bank, you should put a finincial amount per day out of your mind and work in percentages this is the best way of steadily growing your bank over time, if you can make 3% per day of your bank at the end of 30 days you will of doubled it.
Finally the pro's you watch on you tube etc who make it look easy you have to remember that they have spend thousands of hours each year for several years to get where they are now its not just a case of clicking a mouse a few times and making lots of money each time they enter into the market on one of those videos they analizing several pieces of information from what there looking at and combining that with years of experience to make a calculated prediction as to which way a price will move and thats what allows them to make constant profits.
I wish you luck and money can definetly be made from trading if you have the patience and determination to suceed - but view those videos as educational vidoes on what can be achived after 1000s of hard worked hours and not whats possible just by a few clicks of a mouse.
Regards
Andy
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JollyGreen
- Posts: 2047
- Joined: Sat Mar 21, 2009 10:06 am
Hi
This may sound crazy but are you sure it is not just the amount being shown as unmatched in the ladder. If you have a reversed odds display, your post suggests not, when you place a lay order in the queue i.e. £100 the amount will show as unmatched on the other side. Obviously you can still place the bet in the queue with a Normal odds display but using reversed is the general preference. I have attached a screenshot showing this in action.
The reason it doesn't show on some occasions could be because your bet is matched immediately i.e. you didn't queue it.
I am not saying this is the case but it is a possibility.
As said by others, it is a personal thing when greening up each time or doing so just before the start. I would not suggest taking the free bet route as the stress can get to you. In theory, if the market odds are correct you will end up at the same profit level if you green up or you take a free bet. Look at a price of 2.0 to see what I mean
Trade a £5 profit on a horse priced at 2.0
Green Up
Race 1 > £5/2.0 = £2.50 irrespective of the result
Race 2 > £5/2.0 = £2.50 irrespective of the result
Total profit = £5
Free bet
Race 1 > £5 runs on horse at 2.0 and it wins = £5
Race 2 > £5 runs on horse at 2.0 and it loses = £
Total profit = £5
As for strategy, it takes a long time to learn how to read the markets. As mentioned I am one of those people who have spent thousands of hours in front of the screen. In fact when starting out many years ago it was 15-16 hours a day. I would go to sleep and see pink and blue flashing prices!!
What I would say is forget Scalping. It is a dangerous method yet people suggest it is easy, which it is not. You are better off looking for larger moves and trying to recognise certain traits. Yes, easier said than done but it will save you money in the long run!
JG
This may sound crazy but are you sure it is not just the amount being shown as unmatched in the ladder. If you have a reversed odds display, your post suggests not, when you place a lay order in the queue i.e. £100 the amount will show as unmatched on the other side. Obviously you can still place the bet in the queue with a Normal odds display but using reversed is the general preference. I have attached a screenshot showing this in action.
The reason it doesn't show on some occasions could be because your bet is matched immediately i.e. you didn't queue it.
I am not saying this is the case but it is a possibility.
As said by others, it is a personal thing when greening up each time or doing so just before the start. I would not suggest taking the free bet route as the stress can get to you. In theory, if the market odds are correct you will end up at the same profit level if you green up or you take a free bet. Look at a price of 2.0 to see what I mean
Trade a £5 profit on a horse priced at 2.0
Green Up
Race 1 > £5/2.0 = £2.50 irrespective of the result
Race 2 > £5/2.0 = £2.50 irrespective of the result
Total profit = £5
Free bet
Race 1 > £5 runs on horse at 2.0 and it wins = £5
Race 2 > £5 runs on horse at 2.0 and it loses = £
Total profit = £5
As for strategy, it takes a long time to learn how to read the markets. As mentioned I am one of those people who have spent thousands of hours in front of the screen. In fact when starting out many years ago it was 15-16 hours a day. I would go to sleep and see pink and blue flashing prices!!
What I would say is forget Scalping. It is a dangerous method yet people suggest it is easy, which it is not. You are better off looking for larger moves and trying to recognise certain traits. Yes, easier said than done but it will save you money in the long run!
JG
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bigslick4357
- Posts: 7
- Joined: Mon May 18, 2015 5:30 pm
Hi Jollygreen, using reverse either way, but lets say click back to lay first, lay bet taken but back bet unmatched after time limit of say 15 seconds, are they both canceled or is lay bet still matched, so now we turn off reverse back to normal and click back hoping to match up, sorry to ask but i want to be sure, or ready to do what i must, thank you Billy
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JollyGreen
- Posts: 2047
- Joined: Sat Mar 21, 2009 10:06 am
Billy
If you are using Fill or Kill then it works as follows:
Assume a fill/kill of 15 seconds as per your message.
You place a back/lay bet into a reversed book. This means you have to queue. If your order is fully matched within 15 seconds the offset will be placed according to your global settings i.e. 1 tick
If the order remains unmatched after 15 seconds the order will be killed and no offset will occur.
If you get a part match within 15 seconds e.g. £79 but the rest is not matched, the software will kill the remaining £21 and place an offset to reflect the part matched amount, in this case £79, or the calculated greening amount if your global settings include Greening.
Put the software in practice mode and give it a try.
JG
If you are using Fill or Kill then it works as follows:
Assume a fill/kill of 15 seconds as per your message.
You place a back/lay bet into a reversed book. This means you have to queue. If your order is fully matched within 15 seconds the offset will be placed according to your global settings i.e. 1 tick
If the order remains unmatched after 15 seconds the order will be killed and no offset will occur.
If you get a part match within 15 seconds e.g. £79 but the rest is not matched, the software will kill the remaining £21 and place an offset to reflect the part matched amount, in this case £79, or the calculated greening amount if your global settings include Greening.
Put the software in practice mode and give it a try.
JG
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bigslick4357
- Posts: 7
- Joined: Mon May 18, 2015 5:30 pm
Jollygreen, thank you very much, its ok viewing video's on here and trying to understand the system, but there's always a what if and that what if stops you from trying things on here, so fill or kill is a safe way of trading until you learn, ok the more ticks away the less of matching up, very nice of you to take the time to help new members out, thank you. Billy