Betfair Cashing Out Strategy

[Steverhc3]

Afternoon all

I have been researching a lot of betting strategies and how everything all works and came up with my own strategy. I started with only £10 to test the water before taking it further. My football strategy was to be on the over/ under markets with the most goals such as 6.5 and 5.5 at the start of the match with the full £10 bet but with the outcome of gaining a 1% win. So I was only looking at gaining 10p but I was looking to get in and out very quickly to reduce risk. My thoughts are that it is a little win but they all add up and could be carried out numerous times over many football matches. Now I managed to get my total balance to £20 with constant wins but then I would have one result where everything I had won was wiped out. Any ideas to take this strategy one step further to possibly eliminate the big loss? Is this strategy a none starter? Any advice.

[Derek27]

Afternoon all

I have been researching a lot of betting strategies and how everything all works and came up with my own strategy. I started with only £10 to test the water before taking it further. My football strategy was to be on the over/ under markets with the most goals such as 6.5 and 5.5 at the start of the match with the full £10 bet but with the outcome of gaining a 1% win. So I was only looking at gaining 10p but I was looking to get in and out very quickly to reduce risk. My thoughts are that it is a little win but they all add up and could be carried out numerous times over many football matches. Now I managed to get my total balance to £20 with constant wins but then I would have one result where everything I had won was wiped out. Any ideas to take this strategy one step further to possibly eliminate the big loss? Is this strategy a none starter? Any advice.

Don't mean to sound negative but I would say it's a non-starter.

You didn't say whether you're backing or laying on over or under but if you're risking £10 to make 10 pence, it's the same as backing a horse in-running at 1.01. You only need one loser in a hundred to blow all your profits and there's absolutely nothing you can do to eliminate a loss in betting or trading.

My advice would be to change your attitude/approach. Don't try to avoid losses at all costs. Losses are part of trading. Look for strategies where losses are limited if not eliminated and potential gains are increased. For example, laying under 4.5 in a game with high goal expectancy has limited losses at a low price but you have more options of trading out when goals are scored.

[Michael5482]

Afternoon all

I have been researching a lot of betting strategies and how everything all works and came up with my own strategy. I started with only £10 to test the water before taking it further. My football strategy was to be on the over/ under markets with the most goals such as 6.5 and 5.5 at the start of the match with the full £10 bet but with the outcome of gaining a 1% win. So I was only looking at gaining 10p but I was looking to get in and out very quickly to reduce risk. My thoughts are that it is a little win but they all add up and could be carried out numerous times over many football matches. Now I managed to get my total balance to £20 with constant wins but then I would have one result where everything I had won was wiped out. Any ideas to take this strategy one step further to possibly eliminate the big loss? Is this strategy a none starter? Any advice.

Afternoon all

I have been researching a lot of betting strategies and how everything all works and came up with my own strategy. I started with only £10 to test the water before taking it further. My football strategy was to be on the over/ under markets with the most goals such as 6.5 and 5.5 at the start of the match with the full £10 bet but with the outcome of gaining a 1% win. So I was only looking at gaining 10p but I was looking to get in and out very quickly to reduce risk. My thoughts are that it is a little win but they all add up and could be carried out numerous times over many football matches. Now I managed to get my total balance to £20 with constant wins but then I would have one result where everything I had won was wiped out. Any ideas to take this strategy one step further to possibly eliminate the big loss? Is this strategy a none starter? Any advice.

Don't mean to sound negative but I would say it's a non-starter.

You didn't say whether you're backing or laying on over or under but if you're risking £10 to make 10 pence, it's the same as backing a horse in-running at 1.01. You only need one loser in a hundred to blow all your profits and there's absolutely nothing you can do to eliminate a loss in betting or trading.

My advice would be to change your attitude/approach. Don't try to avoid losses at all costs. Losses are part of trading. Look for strategies where losses are limited if not eliminated and potential gains are increased. For example, laying under 4.5 in a game with high goal expectancy has limited losses at a low price but you have more options of trading out when goals are scored.

Could also watch the games for better defined entry/exit points and work on your game reading skills.

[ShaunWhite]

Why didn't you exit before your lost it all? If you're on the o/u 5.5 there would have been plenty of time to do that unless there'd already been 5 goals. If you're planning to take 10p 9 times out of 10 then the tenth time you need to accept a loss <90p. (just read Derek's comment and that's the same).

[Kai]

If every tick matters best not use the cashout feature if you are