Hiya i am wondering, i was doing profit accumulator, and love the idea of laying bets....
I was wondering is this actually risk free?
At the moment, i am layin 0-0 draw and backing over 1.5 goals, then Cashing out etc...
Is this the same idea bit easier and better?
Im going to download the trail anyway....
Was just wondering.
Thanks in advance
Also are the forums here more friendly?
New
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convoysur-2
- Posts: 1110
- Joined: Thu Jan 12, 2012 10:00 am
i dont know if this is some kind of winning system or something,,i guess like all of them ,they are better suited to specific types of games
Marc
Marc
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Stitchie18
- Posts: 15
- Joined: Fri Jan 22, 2016 8:21 pm
I am goin to use the vps way to run on my mac...
Whats the nest vps to use?
Whats the nest vps to use?
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Stitchie18
- Posts: 15
- Joined: Fri Jan 22, 2016 8:21 pm
I have downloaded windows, ready to start friday...
How much do i start with?
Is £100 enough or £200?
How much do i start with?
Is £100 enough or £200?
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convoysur-2
- Posts: 1110
- Joined: Thu Jan 12, 2012 10:00 am
joking,,i dont know,,i mean if your laying 0-0 most will be 20/1 so it will tie up most of your money most of the time,convoysur-2 wrote:stick 20 grand in it,,go big.
liverpool -stoke started at 15.00 so a lay of that for 3 quid is 45 quid of your bank,,then u have to wait till full time to get your money ,can green up but that costs u money.
so with 100 quid bank u can only do a fiew games per night,
so 5 per night 15 quid a day ,if u dont get a loser
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Stitchie18
- Posts: 15
- Joined: Fri Jan 22, 2016 8:21 pm
At the moment im
Laying under 0.5 at about £10 for £1
Then when over 1.5 gets to odds of 1.5 backin that for £10
When theres a goal, cashout for about £1.50 profit...
I was looking at using bet angel for the horses in play?
Just checking if £100 is enough to start?
Laying under 0.5 at about £10 for £1
Then when over 1.5 gets to odds of 1.5 backin that for £10
When theres a goal, cashout for about £1.50 profit...
I was looking at using bet angel for the horses in play?
Just checking if £100 is enough to start?
If you have never or recently only started trading in-play horse racing £100 is more than enough to get a few quid from each race.
What you need to be carefull of is if you make a mistake or mis-click IR you might not be able to close and end up with a near total loss so limit your liabilities and keep to a smallish bank until you have traded a few races and are confident in what your doing.
What you need to be carefull of is if you make a mistake or mis-click IR you might not be able to close and end up with a near total loss so limit your liabilities and keep to a smallish bank until you have traded a few races and are confident in what your doing.
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Stitchie18
- Posts: 15
- Joined: Fri Jan 22, 2016 8:21 pm
Been watching lots of the videos....
For example if we back the fav horse at 3/1
Then lay it as its winning at 2/1
Then spread the profit you get off that over the other horses?
For example if we back the fav horse at 3/1
Then lay it as its winning at 2/1
Then spread the profit you get off that over the other horses?
Yes thats right the concept is always back high lay low, What i was referring to was being confident enough that you did nt accidentally click on the wrong place or column or with the wrong stake selected and if you did so would you know how to get out of it as quickly as possible, due to the speed of the odds movement IR often a slight mis-click can be increased massively through panic as you click away trying to get out of a position so by limiting the size of your bank even if just for the first few days it could save you in the long run.
Even though there is a handy option within BA which you can set to limit you from exceeding a chosen liability the easiest way is to just use a small bank to begin with.
Even though there is a handy option within BA which you can set to limit you from exceeding a chosen liability the easiest way is to just use a small bank to begin with.
Last edited by Dallas on Wed Jan 27, 2016 5:45 am, edited 1 time in total.
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Stitchie18
- Posts: 15
- Joined: Fri Jan 22, 2016 8:21 pm
Cheers.....
Downloading free trial tomorrow and trial it with play money,
Then do it for real .....
Cant wait
Downloading free trial tomorrow and trial it with play money,
Then do it for real .....
Cant wait
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Stitchie18
- Posts: 15
- Joined: Fri Jan 22, 2016 8:21 pm
I was just watching the small stakes....
It was saying £10 stakes.....
But backing and laying at the odds of 10 and 11,
Wouldnt that cast around £100, due to laying at 9?
It was saying £10 stakes.....
But backing and laying at the odds of 10 and 11,
Wouldnt that cast around £100, due to laying at 9?
Yes thats right just as when you outright backing and you multiple your stake by the odds to calculate your wininigs if your laying first its done in reverse.
Your bank only needs to be able to cover your opening position (back or lay) then betfair will allow you to trade out on that same selection with an opposing bet and you can then repeat the process.
Betfair do this by taking into account your overall position of potential winnings & losses (liabilities) to allow you to trade out of positions an example using a full £100 bank in one go could be
Back with £100 @ 12.0 (Possible £1200 winnings)
on the same selection you can now lay £100 @ 11.0 (liability £1100 which is covered by the above potential winnings)
Once the trade is closed this can be repeated as many times as you wish re-cycling the same money over and over again.
Your bank only needs to be able to cover your opening position (back or lay) then betfair will allow you to trade out on that same selection with an opposing bet and you can then repeat the process.
Betfair do this by taking into account your overall position of potential winnings & losses (liabilities) to allow you to trade out of positions an example using a full £100 bank in one go could be
Back with £100 @ 12.0 (Possible £1200 winnings)
on the same selection you can now lay £100 @ 11.0 (liability £1100 which is covered by the above potential winnings)
Once the trade is closed this can be repeated as many times as you wish re-cycling the same money over and over again.