Scalping all horses at the same time - Betfair Trading
Simple Betfair trading strategy for races with medium to large field sizes. Perfect for Cheltenham Festival and other race meetings with large fields. Sit back and do nothing.
Comments
nice but should automate it and create a more advanced algortihm, because it will not be profitable on long term otherwise.
can you trade for me ? if if i have a litle capital? my contact pierre@yourvida.com
what software are you using for this vid? It's not geek, not gruss, probably not betangel
Imagine if frontier had starting you sprinting at the last minute, and you couldn't close in time,,,,,, whoaaahhhhh "!! It was a massive outside shot, but crazy shit happens. I understand your system, mostly, but im reluctant to try, to its risk, I think i'd need to was a few races, to get feel for the markets as it were.
Nothing special in this. Still risky and still gambling.
Thanks for your comment Mike
You have to look at the type of race that this is. Sure when you see a gamble like that you normally have to take note, as the gambled horse will normally at least have a good run, and can often win the race. However, this market is very stable, look at the matched volume before the off its around £2.5 million which is around 2.5 times that of an average race. That mean it would take serious money to more the market so a strategy like this will work. So this wont work on less stable markets.
Well done for cutting your loses! This is the key. Also letting your profits run and not cutting them too short. As you can see in the video of the Murray match, when the market moved in my favor, my first thing was to reduce me liability, then remove it, then secure some money, then a bit more- but I still kept scope for more upside. To be honest as I watched the match I saw little chance of Murray getting into trouble and thought I'd done my £300, but it all worked nicely.
It has been my biggest error not to do this when I started. Just keep it small and consistent and keep detailed records of how your doing. Dont chase loses.
Real trading vs Training Mode. Obviously in training mode your money is not seen by other traders/better and therefore does not influence the market which means that your training orders are filled quicker as people look to fill gaps. Depending on what you are practicing you can be successful immediately. The thing to do is to try with just small stakes and see what returns you can get.
Thanks for your comment!
The guy obviously doesnt know what he's talking about as there is certainly risk involved. I think if you start with a bank of £200 - £300 you can grow that by £40-£50 per day quite comfortably. I would suggest that you split your bank down into small stakes of 4-5 units - normally I work on a fixed liability of your bank. Hope that helps?
Thanks for your comment. I have a good set thanks. I'll do what I do and you can f off : )
instead of pinching pennies to no or little risk, try growing a pair of balls instead
Interesting approach.
back a team, over goals market...why?
How do you bet on football?
it could be goaless. The whole system in football is very clever, but it is very hard to make money because we are losing on odds. So from a math point of view, we lose more than we can win on some matches. other wise it is 50 percent chance we win. ok, we wait for a goal to go in etc and odds shrink after our back bet, we can trade out for a profit. If it is a later goal, the odds to move much at all.hhaha, it is so cleverly thought out, that i now, never make a bet on football..u?
and if you were to lose, you lose more than you can win. It looks like it is the same on any market in football. For example, you are confident there will be two goals in the match, but again the odds are small. We lose on odds, doesn't matter about anything else...it's very clever..anybody that can make some good money consistently on football can have me as a student. ok, but then some matches the odds are not small, but then it is just maybe like flipping a coin lol, it may have 2 goals
yes it is so easy to lose money on betfair. if you are not a promoter why call yourself betfairmarkets and only talk about betfair on your channel. I was doing some tennis trading again, it was doing alright, but then had some losing runs again. i dont think there are many sports someone can make money on betfair. i also believe football trading is a con. because we lose on odds. For example, even if you are sure a team would likely win, the odds are so short, that your profit would be small.
not bad. There is so many different ways to trade or profit on betfair. Like I say its easy to profit, but its equaly as easy to give it back - the battle is staying ahead. This method reduces your risk as you are hedging you trades. So as you see, one runs into a loss, but I was in profit overall.