woensdag 31 oktober 2012
My first trade was pure luck
My first trade was pure luck.
I found out yesterday. Three games traded, all with losses.
Arsenal-Reading was a historical weird game.
Milan-Palermo,also a loss
anderlecht gent also.
I will update later on.
Now I have changed my strategy on a few points.
0-0 trading after 20 minutes or earlier if the odd is 75% of the starting odd.
0-1 and 1-0 trading if 75% of the starting odd or if it is half time.
If a goal is scored earlier. Lay the score after 1 minute the goal is scored.
I found out yesterday. Three games traded, all with losses.
Arsenal-Reading was a historical weird game.
Milan-Palermo,also a loss
anderlecht gent also.
I will update later on.
Now I have changed my strategy on a few points.
0-0 trading after 20 minutes or earlier if the odd is 75% of the starting odd.
0-1 and 1-0 trading if 75% of the starting odd or if it is half time.
If a goal is scored earlier. Lay the score after 1 minute the goal is scored.
maandag 29 oktober 2012
Trade #1: Sheffield United - Portsmouth (League 1)
Trade #1: Sheffield United - Portsmouth (League 1)
I will enter my first trade with the strategy I posted before.Pre-match information
I did'nt knew much about this match. I just entered it with my strategy.Match Odds
As you can see on the Betfair pre-match odds. Sheffield United was the favourite to win the match.
Unfortunality I don't have a screenshot of my starting position but it was as followed:
- 0-0 @ 14.50 (stake €5)
- 1-0 @ 9.00 (stake €10)
- 0-1 @ 18.00 (stake €5)
Strategy:
My plan was to secure my profits of the 0-0 scoreline between the 10th and 20th minute. Or if the odd of the 0-0 scoreline was dropped to 75/80% of it's starting position.That is: 14.5*0.75= 10.8
The Trade
As I mentioned earlier my starting position was as followed:- 0-0 @ 14.50 (stake €5)
- 1-0 @ 9.00 (stake €10)
- 0-1 @ 18.00 (stake €5)
Sheffield United had the first chanche to score a goal in the match. It was a scrimmage before the goal but Portsmouth managed to clear it.
- 0-0 dropped to 14.0 (9th minute)
- 0-0 dropped to 13.0 (12th minute)
Trade #1 and #2 Laying the 0-0
- #1 Lay 0-0 @ 13.00 with stake €3 (16th minute)
- #2 Lay 0-0 @ 8.8 with stake €2 (24th minute)
Trade #3, 4, 5 Laying 0-1 and 1-0
The game was now in the 30th minute and Portsmouth had many chances and I could see them scoring a goal. I decided to look if we could transer a bit of 1-0 profit to the 0-1.- #3 Lay 1-0 @ 6.2 with stake €2 (30th minute)
- #4 Lay 1-0 @ 5.8 with stake €2 (33th minute)
- #5 Lay 0-1 @ 8.8 with stake €2 (33th minute)
- 0-0 €6.9 profit
- 1-0 €57 profit
- 0-1 €63.6 profit
- Other scorelines: €9,- liability
Trade #6,7,8 Scalping 0-0 profits
If there now was scored a goal I would lose my €6.9 profit on the 0-0. So I decided to scalp profit to the 1-0 and 0-1 scoreline.- #6 Back 0-1 @ 8.2 with stake €2
- #7 Back 1-0 @ 5.3 with stake €2
- #8 Back 1-0 @ 5.0 with stake €2
Half Time
| Half-time situation |
Second Half
- #9 Lay 1-0 @ 4.6 with stake €2 (51th minute)
- #10 Lay 0-1 @ 6.8 with stake €2 (56th minute)
- #11 Lay 1-0 @ 4.1 with stake €9 (62th minute)
| Situation right after the first goal is scored |
Trades after the 1-0: Trade 12,
Back the next possible scorelines so the profit of the 1-0 will not disaepear fully!- #12 Back 1-1 @ 6.4 with stake €5
- #13 Back 2-0 @4.6 with stake €5
- #14 Lay 1-0 @2.2 with stake €2
- #15 Lay 1-0 @ 2.1 with stake €2
So the situation is now as followed: (see screenshot below)
- #16 Lay 1-0 @ 1.81 with stake €2 (76th minute)
- #17 Lay 1-0 @ 1.36 with stake €2 (86th minute)
| Cash out at the 88th minute |
- #18 CASH OUT!
Feedback
I would like to have some feedback on this trade! So if you have something to say, please comment! Was this trade succesful cause of pure luck or did I do well?
Labels:
betfair,
betfair trading,
comment,
correct score,
correct score trading,
feedback,
help,
introduce betfair trading,
league 1,
portsmouth,
sheffield united,
strategy
Using a correct score strategy
After watched a few trade video's, it seemed pretty easy to make money with a correct score strategy. I realise it only looked easy cause in practice it is very hard to think clear and stay with your strategy.
Cause i don't have much experience, I will start with a small budget of €20 per trade.
Before I enter my first serious trade, I will give formulate my strategy. It is as followed:
I will start with my first trade with this strategy in mind. I hope it will have succes.
Cause i don't have much experience, I will start with a small budget of €20 per trade.
Before I enter my first serious trade, I will give formulate my strategy. It is as followed:
Before the trade
- First I will Back the 0-0, 0-1 and 1-0
- I will do this with stakes of the amount the profits wil be equal. Divide the budget of €20 about the three choices.
- It is important that we try to manage that our potential liability is not more than the doubled amount of your budget. So if you start with €20, maximum liability is €40. But only if there is not another way.
The trade
- We have to protect our current position. Normally the first goal of a match is scored between the 15th and 30th minute of a match. So it is important to trade the 0-0 before the 20th minute. Therefore I have a rule. Start with trading the 0-0 if, the first 15 minutes are over or if the starting odd has fallen down to 75/80% of the starting odd.
- Then look at how the match is going. If it is more likely that the 1-0 will be scored than the 0-1? Be sure thata part of the profit of the 0-1 is transferred to the 1-0. You can do this by simply laying a part of 0-1 bet or backing the 1-0 bet.
- If a goal is scored, be sure that the next possible scorelines are safe. So if the 1-0 is scored, back the 1-1 and 2-0.
I will start with my first trade with this strategy in mind. I hope it will have succes.
I will introduce myself...
Hi,
I am 19 years old and from the Netherlands. Previously I was sticking to the regular bookmakers like Unibet and Bwin. A year ago I discovered Betfair. I think Betfair is a nice trading market for bets.
I like the fact that you can gain a profit nomather what the outcome is. First I used Betfair for the higher odds than the regular bookmakers. Then I discovered trading. I have read many articles and watched many video's about betfair trading. I hope I am now be able to make some profit. On this blog I will keep my records and will analyse my succeses and failures. Hope you enjoy my blog!
I am 19 years old and from the Netherlands. Previously I was sticking to the regular bookmakers like Unibet and Bwin. A year ago I discovered Betfair. I think Betfair is a nice trading market for bets.
I like the fact that you can gain a profit nomather what the outcome is. First I used Betfair for the higher odds than the regular bookmakers. Then I discovered trading. I have read many articles and watched many video's about betfair trading. I hope I am now be able to make some profit. On this blog I will keep my records and will analyse my succeses and failures. Hope you enjoy my blog!
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