I trade horse racing pre race. The movement of odds is not related to any on field action but to people's opinions. Employing various techniques it is tradeable without having to have an opinion on the event itself. This is what I would call trading.
However in soccer the movement of odds before the off is very limited and provides virtually no possibility for trading. To make money it is necessary to trade in play. In this case it is necessary to have an opinion on how the event will go. If you need an opinion then I would suggest we leave the world of trading and enter the world of betting.
There is no such things as trading soccer: it's just betting
Tweebee - Try telling that to the traders like LeTiss who make a living from pre-off football trading...
Even when there is not loads of pre-off movement, you may still be able to extract a profit by offering money to both sides of the book and one tick scalping.
Jeff
Even when there is not loads of pre-off movement, you may still be able to extract a profit by offering money to both sides of the book and one tick scalping.
Jeff
Trading is really just about taking a high price and selling for a low price (ideally and not the other way around) at any point in an event until it's over.
So lets say in football match in play the home team concedes a goal, the home win price shoots out and you take a back price, they then equalise and the price moves in and you lay the price off then that is a trade.
So lets say in football match in play the home team concedes a goal, the home win price shoots out and you take a back price, they then equalise and the price moves in and you lay the price off then that is a trade.
I regularly make 4 figures on 1 match) trading pre off football odds. I have no opinion whatsoever about what will happen in the match, and I am certainly not gambling. It's about understanding the market and taking advantage of others opinions. I think you need to look at your stratergys re pre match trading. 20 tick swings are not that uncommon. They move slowly, are predictable and less influenced by the complex variables that Racing has. There is very little hidden data to go on unlike Racing. Any event is tradable - whatever market it is. You just have to understand that each market behaves in a different way.tweebie1999 wrote:I trade horse racing pre race. The movement of odds is not related to any on field action but to people's opinions. Employing various techniques it is tradeable without having to have an opinion on the event itself. This is what I would call trading.
However in soccer the movement of odds before the off is very limited and provides virtually no possibility for trading. To make money it is necessary to trade in play. In this case it is necessary to have an opinion on how the event will go. If you need an opinion then I would suggest we leave the world of trading and enter the world of betting.
tweebie1999 - I think you can strip what your trying to say down to the following ..
You can trade a sports market before the start time without needing to form an opinion of the outcome, whereas inplay you need to form an opinion to trade.
Your possibly right, although I bet someone could argue that you could scalp a football match inplay and not need to worry about the outcome. I disagree with you (and agree with mugsgame) about the lack of trading opportunities before a football match starts.
You can trade a sports market before the start time without needing to form an opinion of the outcome, whereas inplay you need to form an opinion to trade.
Your possibly right, although I bet someone could argue that you could scalp a football match inplay and not need to worry about the outcome. I disagree with you (and agree with mugsgame) about the lack of trading opportunities before a football match starts.
Im no expert on the football and tend not to trade it, other than at a couple of key points in a match now..mugsgame wrote:It's about understanding the market and taking advantage of others opinions.
What I found on the pre off was that it was fairly safe, other than on on one occasion (it was man U v Someone). I had a £5K lay bet that was being nibbled and rather than using a batches command, I placed a corresponding back bet, the idea being being that they would both get taken at the same time (it had worked many time prior).
On this particular match, Fergie named his team (of juniors) and the price started to go up as you would expect.
Luckily I was at my screen and was able to trade out quickly, it also helped that I had had a big chunk of my lay taken...but it could have been bad!
As you say, its crucial you understand the markets and influencing factors if you are going to place large bets in the market
By the way, anyone remember Physcoff? They took football trading to another level! I think they still read this forum?
Regards
Peter
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steven1976
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I'm sure they are out there. It doesn't take a genius to work out what some of the biggest traders earn from bf from what's on the world wide web when you look at turnover and roi
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AReasonedView
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- Joined: Wed Aug 12, 2009 9:27 pm
Like others have stated - the above is complete rubbish - I make my living from trading pre off football too!tweebie1999 wrote:I trade horse racing pre race. The movement of odds is not related to any on field action but to people's opinions. Employing various techniques it is tradeable without having to have an opinion on the event itself. This is what I would call trading.
However in soccer the movement of odds before the off is very limited and provides virtually no possibility for trading. To make money it is necessary to trade in play. In this case it is necessary to have an opinion on how the event will go. If you need an opinion then I would suggest we leave the world of trading and enter the world of betting.
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tweebie1999
- Posts: 89
- Joined: Tue Dec 21, 2010 9:23 am
Well seems most disagree so I will bow to your greater football trading knowledge. I had no idea odds moved enough before the kick off to be able to get some decent trades in. I will investigate some more. Thanks for the replies.
No, not publicly. Like you keep saying Jeff. No pro is going to give away all their secrets. I reckon I give enough away. I'll be getting requests soon to post a video of my wife in the shower.Ferru123 wrote:Wow!mugsgame wrote: I regularly make 4 figures on 1 match) trading pre off football odds.
Any chance you could produce a video showing how it's done?
Jeff
btw - if anyone does have a video of my wife in the shower any chance I could watch it
There I was thinking you were an open book who didn't care about losing money to copycats!mugsgame wrote: No, not publicly. Like you keep saying Jeff. No pro is going to give away all their secrets.
BTW, will you be covering this in your forthcoming masterclass(es)?
Jeff