New Posts For Thread: Making a small, steady profit on Betfairhttps://community.betfair.com/general_betting/go/thread/view/94082/23512538/making-a-small-steady-profit-on-betfairI was wondering what peoples thoughts are on this. I find I do ok for a bit then (due to lack of discipline) lose any gains...I would like to steadily grow my bank! any advice welcome..thanksIt depends on what you want to do, obviously. As I'm a trader I'll offer some advice from my perspective. If you're new to trading, for me there are 5 simple steps to trading and these form a pyramid with 1. being the largest and at the bottom. Thhttps://community.betfair.com/general_betting/go/thread/view/94082/23512538/making-a-small-steady-profit-on-betfair?post_id=420131470#420131470It depends on what you want to do, obviously. As I'm a trader I'll offer some advice from my perspective. If you're new to trading, for me there are 5 simple steps to trading and these form a pyramid with 1. being the largest and at the bottom. ThSat, 06 Feb 2010 07:04:23 -0600cpfc4me 06 Feb 07:11 always go greenNot true. True only if the price you can lay off at is value.(The exception is unless the amount involved is life-changing).You can sacrifice some value when you lay off. For instance say that you have estimhttps://community.betfair.com/general_betting/go/thread/view/94082/23512538/making-a-small-steady-profit-on-betfair?post_id=420131466#420131466cpfc4me 06 Feb 07:11 always go greenNot true. True only if the price you can lay off at is value.(The exception is unless the amount involved is life-changing).You can sacrifice some value when you lay off. For instance say that you have estimSat, 06 Feb 2010 05:54:57 -0600bigH 05 Feb 06:53 always go greenWorst advice and sure thing to a decrease in your balance.Unless you plan to trade on a game you should never green out if your bet is winning.Lets say you back at 1,5 for 100, your bet are then winning and ohttps://community.betfair.com/general_betting/go/thread/view/94082/23512538/making-a-small-steady-profit-on-betfair?post_id=420131458#420131458bigH 05 Feb 06:53 always go greenWorst advice and sure thing to a decrease in your balance.Unless you plan to trade on a game you should never green out if your bet is winning.Lets say you back at 1,5 for 100, your bet are then winning and oSat, 06 Feb 2010 05:41:14 -0600Very well said - as usualhttps://community.betfair.com/general_betting/go/thread/view/94082/23512538/making-a-small-steady-profit-on-betfair?post_id=420131446#420131446Very well said - as usualSat, 06 Feb 2010 00:45:11 -0600(The exception is unless the amount involved is life-changing).Technically: If your price is close enough to value that you're now exceeding Kelly by letting the amounts above your EV continue to be in play. In that instance it's probable that you'rehttps://community.betfair.com/general_betting/go/thread/view/94082/23512538/making-a-small-steady-profit-on-betfair?post_id=420131442#420131442(The exception is unless the amount involved is life-changing).Technically: If your price is close enough to value that you're now exceeding Kelly by letting the amounts above your EV continue to be in play. In that instance it's probable that you'reSat, 06 Feb 2010 00:16:42 -0600always go greenNot true. True only if the price you can lay off at is value. (The exception is unless the amount involved is life-changing).https://community.betfair.com/general_betting/go/thread/view/94082/23512538/making-a-small-steady-profit-on-betfair?post_id=420131438#420131438always go greenNot true. True only if the price you can lay off at is value. (The exception is unless the amount involved is life-changing).Sat, 06 Feb 2010 00:11:47 -0600We're not all bad in the footie forum DANNY.https://community.betfair.com/general_betting/go/thread/view/94082/23512538/making-a-small-steady-profit-on-betfair?post_id=420131422#420131422We're not all bad in the footie forum DANNY.Fri, 05 Feb 2010 06:35:15 -0600it's very simple really just click the logout buttonhttps://community.betfair.com/general_betting/go/thread/view/94082/23512538/making-a-small-steady-profit-on-betfair?post_id=420131418#420131418it's very simple really just click the logout buttonFri, 05 Feb 2010 04:53:30 -0600kenilworth 04 Feb 19:31 Why do punters put the poor spells down to lack of discipline ?Because they don't understand what an edge is - or if they do, they don't want to admit to themselves that they don't have one.Its the new version of the ohttps://community.betfair.com/general_betting/go/thread/view/94082/23512538/making-a-small-steady-profit-on-betfair?post_id=420131414#420131414kenilworth 04 Feb 19:31 Why do punters put the poor spells down to lack of discipline ?Because they don't understand what an edge is - or if they do, they don't want to admit to themselves that they don't have one.Its the new version of the oFri, 05 Feb 2010 01:53:31 -0600always go greenhttps://community.betfair.com/general_betting/go/thread/view/94082/23512538/making-a-small-steady-profit-on-betfair?post_id=420131410#420131410always go greenThu, 04 Feb 2010 23:53:57 -0600