Fancy a bet this weekend? Claim your £10 free bet from Betiton which can be used across all sports markets - Claim Now: Betiton.com

The Great Big Betfair Trading Thread

Dave-Vale

Well-Known Member
Joined
Jan 17, 2015
Messages
1,610
Reaction score
496
Points
83
Supports
Port Vale
i have decided to house all of my trading musings here rather than clog up the general betting thread.

As some of you know I do 7 on, 7 off at work so I only get chance to trade every other week. I will be updating pretty every day on my week off.

This week has been really slow. There was a few morning games that I wanted to get involved with but the lack of liquidity made me decide against it.

Today, however, the Madrid game is an 11am kick off so I will be getting involved.

Laying Madrid for £20 at 1.24. This means if they win I will lose £4.80, if the game is a draw or Getafe win then I win £19. I will then be backing some Correct Scores in Madrids favour; 0-2, 0-3, 1-3 and Any Other Home for a total of £23. Hoping for an early Real goal which would allow me to lay off 0-3 and AOH and green up for around £4-£5 profit after the £4.80 deduction from the Match Odds lay.

Hopefully the new forum will bring me some luck!
 

Dave-Vale

Well-Known Member
Joined
Jan 17, 2015
Messages
1,610
Reaction score
496
Points
83
Supports
Port Vale


Didn't go exactly to plan. Got to half time and the price on 0-2 had come in so I layed it to reduce my red on the main danger score which was 0-1. Real were battering them and I was confident goals would come. As so as it was 0-1 I layed some of my 0-2 and 0-3 to reduce red again. I then 'greened up' on the Correct Score market for about £8 leaving me with an okay profit (when taking away the £4.80 loss from the MatchOdds lay of Real). Good start!

Just did a quick one in the Belarus U21 v Finland U21 game. Layed 1-0, backed over 2.5 thinking more goals would come (stats in the game said they would, they didn't). Ended up laying 2-0 and then had to lay over 1.5 goals to cover the red on the Correct Score. Reduced my red on under 2.5 to around £3 and my red on the Correct Score market to £2 and just let it run as there were about 3 shots in the entire 2nd half. Neither side looked like scoring again. Ended up with 70p profit (the lay on over 1.5 returned £5.70).
 

Dave-Vale

Well-Known Member
Joined
Jan 17, 2015
Messages
1,610
Reaction score
496
Points
83
Supports
Port Vale
Thought I'd posted in here yesterday, apparently not.

Haven't done too much this week as I've been a bit busy. I did the same trade on both of the AFCON games the other night. I expected low scoring games with either side having a chance to steal it.

I backed over 3.5 goals for insurance and leverage, backed a few of the lower scorelines and backed under 1.5 goals.

Zambia v Tunisia - at 1-0 I was looking at a small loss but I was watching the game and felt Tunisia would get back into it. At 1-1 I was in a no lose situation. Ended up with £4.40 profit. Looking back on it though I could have put another few quid on that as I had £11 profit of it had gone to 2-2 or 1-3 (as I had backed over 3.5 goals).
 

Dave-Vale

Well-Known Member
Joined
Jan 17, 2015
Messages
1,610
Reaction score
496
Points
83
Supports
Port Vale
Sorry Tom. I never saw your post.

I've not updated in a while due to being busy and exhausted with work. I've still been trading and learning! Can never stop learning.

It's not the same as risk free betting or arbing. I don't arb because I work for a bookmaker and I know how they come down heavy on arbers. Although, I would know exactly how to get around it. Still, it's too risky.

Joined a facebook group of traders. Good to chat and get tips.

Been working on my pre-match trading lately. Still not quite there though.

Couple of games I'm looking at today so I will post in a bit about what I'm going to do.
 

Spire1866

Well-Known Member
Joined
Jan 18, 2015
Messages
1,850
Reaction score
268
Points
83
Supports
Chesterfield
This stuff fascinates me. Also working in the industry there are a few at this but really don't understand it enough to take the risks so anywhere I can get myself on a numpties guide to trading on the exchanges would be great
 

Dave-Vale

Well-Known Member
Joined
Jan 17, 2015
Messages
1,610
Reaction score
496
Points
83
Supports
Port Vale
There are some good beginner articles on the betfair website actually.

Just a quick Google will bring up loads of links.

Who do you work for?
 

Forum statistics

Threads
15,213
Messages
956,952
Members
5,423
Latest member
oxbetthethao

Latest posts

Top