Tell me your strategies

I don't really have much of a system. A lot of the time I go with my gut feeling which I add to my small amount of knowledge I have along with a look at the form.

My advice is to lay lay lay lay lay, sometimes back to win. Rough stats are 80% lay, 20% back

I aim for a return of £5-£10 return per bet. I generally look to make min £50 per day. I've had a good last 7 days..............

Baseball: £11.92 | Basketball: £9.64 | Boxing: £19.33 | Golf: £6.07 | Greyhound Racing: £56.08 | Horse Racing: £556.61 | Rugby League: -£28.69 | Soccer: -£86.92 | Tennis: -£0.72 | Tote: |  Total P&L:  £543.32

Try it with a bank of £50, try and win £2-£3 per bet, it soon adds up

Good luck

Thanks for your reply, that is some system i think, having an aim of 50 per day is quite an ambitious objective,pretty intersting. Some Lays are good and some are risky as well. Do you lay the obvious things or go for the uncertain bets?(knowing nothing is obvious and everything is uncertain:)  )
Currently my bank is of 100..I have been betting really short amounts since Im not willing to lose everything again

Only bet when you feel sure the odds on offer are in your favour,
which is not often. It doesn't mean you will always win, even
good value bets fail, but if your reasons for making your bet
are sound you will win. GL.

A lot of my bets are pretty uncertain. When you are laying, you tend to win more than you lose. When you hit a loser or even 2 in a row. Take a deep breath and carry on as normal. You will soon get ahead.

I find that the Aussie racing is good for backing a horse to be placed. There's an awful lot of dead wood in the races that are high odds. Generally 8-14 runner races only have about 4 or 5 genuine contenders for the win. I just narrow it down and back a horse to be placed in the first 3. This can offer anywhere between 1.23 - 2.00.

correct staking is a must.  i have my fair share of losses but because i stake appropriately i still end up with profits.  patience is key.  also learn to put your last bet/trade behind you.  whether it won or lost doesn't matter now; it has no bearing on future bets/trades.

A strategy adopted by many on here that has been very lucrative, has been to wait for HorseRacingExpert's MUG bets, then lay them.

Back winners and lay losers.

HTH.

Thanks for your replys in first place.

I know absolutely nothing about horse racing, if anyone here has the patience to tell me about it,would be great :)

The only and best advice you need:

Place winning bets.

Jul 21, 2012 -- 11:46AM, JOCI Club wrote:

A strategy adopted by many on here that has been very lucrative, has been to wait for HorseRacingExpert's MUG bets, then lay them.

This

back under 2.5 goals on the day of a game when the top 6 in the english premier league play each other. back usually around 2.2 or 2.3 if your lucky and most of time is evens at kickoff when price bombs

back high lay low, as simple as that. analyze every bet at the end of each week, adjust your bets accordingly    .

my best, most profitable strategy consists of a newspaper, a blindfold and a cocktail stick.


btw...if you contact me before 7 oclock, i'm selling tonights lottery numbers...£1 a number.....3 for 2 quid

lay the tractors

Jul 21, 2012 -- 2:52PM, Barca-Martillo wrote:

Jul 21, 2012 -- 11:46AM, JOCI Club wrote:A strategy adopted by many on here that has been very lucrative, has been to wait for HorseRacingExpert's MUG bets, then lay them.This

can you explain this to me? whats mug bets? where can i see it?

Anywhere on this forum mainly here and horse racing he does venture over to the tennis forum now and again.Just look out for the attention seeking person called horseracingexpert he creates threads that say free money etc

lay teams that are out of form and are away from home..

sounds like you know you need to turn 100 into 300 and apply some trading. My advice would be to back what you think may happen in that match, and then watch that match. If you start feeling uncomfortable - change your position. Red out if you backed short.
Good luck getting to 300. And, yes, stay out of all-in!!

Following my rule of not beting over 10 15 % of my cash

10% to 15%?? Too much, way too much.

I never risk more than 1% in any given bet or trade. Then compound.

Have a look at my old blog, few quality posts still there:

http://lay5.blogspot.com/2009/09/interes-compuesto.html

get pissed lose money, always works

TRADER .... Explain yourself , i'm not sure i follow you ??? . You dont bet 10% of youryour bank

Warren, I was quoting what the OP said. He said he would bet 10% to 15% of his bank.

I said: I never risk more than 1% in any given bet or trade. Then compound.

TRADR

TRADER , I got that , but you've still not explained it any better . If you priced up a horse at

3-1 , and was going to have £50 on  , then found out it was 5-1 , how would you bet ?

Warren, not quite sure what you mean. Are you talking about a trade or what?

I rarely back anything higher than 2.20 anyway. Once again, never risk more than 1% of my bank on any bet or trade.

Yeah well if you dont bet more than 1%, its because you dont want to expose yourself much, or because you got a short bank, probably first option. anyways i have been on a great winning streak with my short bets , the only 4 i got wrong were ones i bet on a team to score next goal, and all the 4 go hit the crossbar

Thanks for replys btw

Trader11 i have just been in your blog and yeah, i agree with your method of not beting mroe than 1% in each bet after what i read, but, comparings banks, if i do not risk more than 1 % of my cash, then i will take ages to achieve something decent( my bank is currently 102 euros..started with 20)

A lot of dross advice on here and most of it
should be ignored. One piece of advice to
remember...only bet when the odds are in your
favour, if you don't you will lose, despite
any staking plan.

Ken has it spot on

ANYONE telling you their strategies / systems and claiming they make money is a 24 carat fantasist

The Goose that lays the Golden Egg is not for sale and is certainly not free on an internet forum full of numpties

HTH

GL

Ed

ken...is so far wide of the mark, it couldn't be true...a simpleton with simpleton advice...the odds are only in your favour when you have traded out at a better price or arbed...no wonder so many people on here lose with dopey ken giving advice....lol, you couldn't make it up....btw i make between 500 and 1000 a day,,,what about you clever ken, with the odds in your favour...lol

oh...and rarely are the odds in my favour......lol

So you make £275,000 per year fly? Never have a losing day?

I'm a poker player, not a punter but I bet very cautiously and look for discrepancies in the prices. I put up a thread yesterday Ayr v Glentoran and while I hit lucky in the end I still feel the bookies called this wrong. The mug punters followed the bookies however and the markets reflected this. I backed high and layed low and came out with a profit.

The odds compiler for William Hill bookies for Irish League football approached me one day and asked me how I felt our coming season would be. When I asked him how he picked his prices, he said he just looked at other sites and exchanges and seen what odds they were offering. Now he was the only compiler for WH for that market but what if he got it wrong? What if the others got it wrong assuming they operate the same system?

Kenilworth is correct, look for odds in your favour. I adopt the same strategy in poker and it does me nicely. I don't call draws without the odds while I don't give odds when I'm ahead.

I can't claim to be a decent punter because I'm not one. I do keep loads of records and think long and hard when I lose a bet.

theflyget, been on Betfair nearly 4 weeks now ? Yeah, ok
I hear what you say. dream on.

The odds compiler for William Hill bookies for Irish League football approached me one day and asked me how I felt our coming season would be.............

was he wearing a trilby and spats with a pencil behind his ear.........


who said i was laughing.......lol

My story is 100% true.

He knew I'm a big follower of Irish League Football and was asking for my opinion. Whether he had to run the prices through his boss is irrelevant. There is only 1 compiler for Irish League Football on William Hill which can be exploited.

My story is 100% true but is yours?

But Poker in my opinion has got nothing to do with sports bets, i cant figure out the connection

I keep records lalenda, I think you should too.

If you win or lose then ask yourself did you make the right decision? Learn by your mistakes. I adopt the same principles to sports betting.

Poker is very similar in that you have a bankroll, and each bet could equate to playing a round of poker, the flop/turn/river can be goals or HT/FT type of thing.  It is very easy to make similarities.

As far as Kenil still touting the 'you have to beat the odds to turn a profit' that only rings true in certain methods.  If I was taking a prematch position on every bet I made then yes I would have to beat the odds but an exchange is completely different because they are free markets you can enter and leave at will and you choose your own odds and your own ranges.

Trader11 makes some good points, his 1% is aimed at larger banks than your average betfairian but you can use your whole bank in a trade where only 10% would be at risk if the trade went against you.

There are a few strategies you can use here to win money, some are easier to make profit long term through practice and patience.

1.  You judge prices and bet on discrepancies (very hard and prices are always discretional)
2.  You hope for lucky streaks with selective picks (probably the most popular way to lose money on here but can be done)
3.  You play for percentages and watch them build over time.  For example: You put £100 on U2.5 at 2.42 and lay it off for equal green at 2.38 making between £1 and £2.  When you start using this method every tick is important and when you would normally pile in at current market price you can back something at 1.37 and lay it at 1.35 and have your lay matched before your back equating to very low-risk profit.

Now for anybody to say that price is all important in method 1 they would be correct but in method 3 price is insignificant, the more important factors are time, exposure and eventual probability of selection traded winning.
Method 2 would be the equivalent of starting with a tenner and finding 100 games in a row with 1 goal in, very possible but often foiled.

Ovalman is giving some good advice, writing down bets in similar styles together will help you realise mistakes and avoid them in the future.

Ovalman surely the compiler has to copy exchange prices just with a bigger over round otherwise arbers will rebalance the books for them.

I'm not your regular punter loadedgimp and TBH I don't punt. I've had 14 regular bets in my last 3 months P/L and 10 of those I know for a fact were were matched betting from a free £5 newspaper offer that I and my wife took advantage of on several different branches.

In my Ayr thread which I mentioned, some arbers took advantage of my prices which guaranteed me more money but it all could have fallen flat on me and TBF I hit lucky when Ayr scored first so I could lay off on here. The game ended 1-1 but if Glentoran had have scored first then I'd have egg on my face and a few quid down.

I still stand by my assumption the bookies called this wrong so if one person calls the shots for a site then they can't always get it right. If others' like my WH friend follows suit then it's in our favour to exploit them.

And very well thought out post above LG, I do trade pre which was what I hoped in the Ayr game but the markets settled out to what the bookies planned and I ran with my selection. Not the way I had planned it but I was prepared to run until the final whistle such as I thought the bookies got it wrong.

Work out how to price up events.
You may then spot a discrepancy, value, whatever you want to call it.
I follow Rugby League and had a few great seasons when Widnes were in the Coop League.
Even Friday a few of us were on Widnes plus 14 at Salford.
Laughing all the way to Curry mile.

Keep to your limits,
Do not get involved out of boredom,
Wait for team news,
Do not get involved when drunk,
Keep records,you will only con yourself otherwise.

Take Rugby League, there are some quality analysts on Local BBC Radio stations.

When Wigan got knocked out of Challenge Cup, Warrington were still 11-10 outright, this is the sort of price I like.

Be prepared to take a hit too.

And if you want to see what long term betting can do take a look at the graffiti on any toilet wall in any bookies...or stay on here for a while.

Keep to your limits,
Do not get involved out of boredom,
Wait for team news,
Do not get involved when drunk,
Keep records,you will only con yourself otherwise


great advice

Yeah well, I can tell you that the only way i lost my money was not because i bet wrongly a lot of times, but because I couldnt control myself after a loss, or randomly put all ins in 1.10 or lower odds.
As for a better I have been seeing my wins/losses, and i tend to miss  3 to 5 bets in 20.What I think my main problem is, because I am trying to get the 200 euros I have lost due to all ins or whatever, I usually bet with very short values,5euros the max....and makes me think what i could achieve having a bank of like 500+euros

Actually I have just been looking the statistics:

Since I returned to bets, out of 87 bets i got profit on 69 of them, equal to say that i get 79 % of my bets right...

have a look at my thread in general betting mate. with you saying think what i could achieve with a £500 bank it could be worthwhile for you.

tonight we had fluminense 2.46 into 2.18. green before kickoff

if you really wants money. then i think you should follow little bit your own rules. i start with 400 euro and end up with 1908 euros in a month. so my profit is 1508 euros in a month. i am new in betfair but not in betting. all i do is lay at 0:0 in full time in soccer. it gives me 10/20 euros in return on each bet. all you need to find a match where score is certen. those who are little bit familiar with soccer they know which match will be score thats it.....you dont need to be expert. just look around in soccer world. Thank you

G Bettor that is quite of a risk even tho laying 0 0 full time is a good bet...sooner or later you can hit a 0 0

the william hill guy who sets the odds for northern irish football

Players to hit Wood.