Consistent profit backing 1.01's and 1.02's, can it be done?

The key is to back 1.01s that should be 1.005 etc and use less of your bank on any given bet than you would instinctively think.

You will also probably get incredibly bored of sourcing such bets.

lets say you go with a standard bank management plan 5% stake using compound interest, 1.01's that should be 1.005's is purely perceptual no? you may think its a 1.005 but how would you know?

That issue applies to any bet.

In the case of going for 1.01s you are probably looking for instances where the (i.) match is over, (ii.) something is no longer possible but there is still time remaining in the event, (iii.) or where people are laying off winnings despite the probability of a loss actually being far longer than 1000-1, e.g. Liverpool 4-0 at home to Norwich City with 83 mins on the clock.

It will be boring. Some of your bets will be for trivial amounts in terms of winnings, but that's how it goes.

boring maybe and trivial but once you see a bank growing and get into the routine it should be ok, my concern would be strike rate, only staking 5% means only losing 5% but a bad month could see you lose 20% easily, only taking 1.01's on a few selections a day with 5% stake would not make any where near 20% profit a month i would imagine, what figures would you expect to see in a good month?

if they kept winning it could be done imo

there is also scalping strategy's to consider

Unless you had the kind of advantage where you were at a finishing line at a racetrack the amounts you could make would probably be fairly low relative to time invested.

If you are operating on the approach I mentioned previously I think you'd lose less often than you think, but the winnings will more often be 20p from someone who has left a £20 1.01 lay on keep bet and wandered off. If you are more daring (i.e. back at 1.01 something that should be 1.008) the wins will be larger and more frequent, as will the losses.

Personally I wouldn't bother because I don't think my attention could be sustained by the process. It has no scaleability and would drive me nuts before it delivered a meaningful profit, but everyone on here has different mental strengths and preferences for their bets.

i agree i couldnt do as you suggest and carefully pick out certain bets, it would have to be a strategy that i do not have to research and think about each bet to much,

if i was gonna take the time to research (for lack of a better word)the bets i would go for much higher odds, but i often notice 1.01's where you think no way is that coming in , and no doubt its like you suggest , ''1.01 lay on keep bet and wandered off''.

If I see stuff like that I take it. It's usually on side markets but I don't think I've ever won more than £3 in a single bet like that and normally it's something like 20p off £20.

Don't do it. I tried it last year. I had over 150 successive winning bets and then 3 mental results in one weekend....I lost all my winnings and more besides.....

Its a tough way to make a living as far as I see. Doable as there will be lots of instances where the EV is huge. You wont get many 2.0s with a 25% chance of losing, but there will be lots of 1.01s with a 0.5% chance of losing, if you time it right. Just very hard to tell when those situations are. Im sure some people just get a knack for judging it right. Since most of those instances are in-play, its very much about timing.

I like betting for fun and backing 1.01s does not look like it. Stressful and a grind.

yes you can! in fact most 1.01 backs  are value because most mugs want to lay 1.01

Buying money is a total mugs game

it can be done easily if you back at 1.02 and lay at 1.01

i started with a grand bank backing 5% second day and a 1ost backing a 1.03 only £50 but second day ,eeesh , it  a hard slog which ever market and whatever odds you pick at the end of the day i dont think i have an edge on the market no matter what i bet on

Apr 22, 2014 -- 8:10PM, Platini wrote:

it can be done easily if you back at 1.02 and lay at 1.01

how about just scalping then ? any odds

that's what I meant

I do it in tennis all the time.