21 yr old looking for all round advice

News, chat and debate about the Betfair betting exchange.
Simoba
Posts: 52
Joined: Wed Oct 09, 2019 11:25 am

xtrader16 wrote:
Wed Jan 14, 2026 7:51 pm
My advice to anybody starting off in Betfair Trading is DONT.

There are proper markets out there in Currency and Equity markets that will pay you x 100 more than any horse race will over the course of 5 years.

The people who make their money from Betfair wont tell you how to do it and it will take you years to work it out. The risk to return is awful. Dont bother. Try and trade equity markets and invest for the long term.

Sports trading is for mugs unless you know exactly how/why/when/where the markets are going and nobody is going to tell you.
I so agree with this post. If I was 21 again, I would certainly not be starting off now on Betfair. No way Jose. Earn your money from working, upscale your skills there and invest your money accordingly.
Goobs
Posts: 176
Joined: Thu Jul 10, 2025 4:01 pm

I think as more and more people come to speak out about this game being mostly a loss making exercise for the vast majority of participants, expect it to get locked in 3.....2......1..... :D
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jamesedwards
Posts: 5194
Joined: Wed Nov 21, 2018 6:16 pm

Proverbs 13:20
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