New Posts For Thread: 3 times up, 3 times downhttps://community.betfair.com/general_betting/go/thread/view/94082/28263095/3-times-up-3-times-downOnly started betting very recently, and started with £20. Within a week built up to about £300, but then within days eroded it back to zero.Again, took a week with another £20 to get to around the £300 mark, before losing it again.Then once againMy betting style is to bet big on short odds (the opposite of mates who bet smaller on never-gonna-happens).exact description of how i used to behttps://community.betfair.com/general_betting/go/thread/view/94082/28263095/3-times-up-3-times-down?post_id=506757113#506757113My betting style is to bet big on short odds (the opposite of mates who bet smaller on never-gonna-happens).exact description of how i used to beThu, 15 Sep 2011 18:35:50 -0500Yes, value is everything, so Thered_96 you should be thinking in terms of how to identify it, then how to get matched at it. And like the good Lord said above, you will make an awful lot of mistakes, and it would be unlikely for you to become successhttps://community.betfair.com/general_betting/go/thread/view/94082/28263095/3-times-up-3-times-down?post_id=506483287#506483287Yes, value is everything, so Thered_96 you should be thinking in terms of how to identify it, then how to get matched at it. And like the good Lord said above, you will make an awful lot of mistakes, and it would be unlikely for you to become successFri, 09 Sep 2011 21:35:07 -0500Yeah, that's also good advice from Coolhand - the more patient you are (in other words, the less you increase the bet size, and the more you decrease the amount of your bank that you're risking) the more likely you are to succeed. You should expecthttps://community.betfair.com/general_betting/go/thread/view/94082/28263095/3-times-up-3-times-down?post_id=506482065#506482065Yeah, that's also good advice from Coolhand - the more patient you are (in other words, the less you increase the bet size, and the more you decrease the amount of your bank that you're risking) the more likely you are to succeed. You should expectFri, 09 Sep 2011 20:53:01 -0500LB,Thats what i was trying to say Trevh's comments should help keep discipline; And continually thinking of your risk as the original stake is a negative way of thinking. Your risk is your new balance which you don't want to throw away. look after whhttps://community.betfair.com/general_betting/go/thread/view/94082/28263095/3-times-up-3-times-down?post_id=506481603#506481603LB,Thats what i was trying to say Trevh's comments should help keep discipline; And continually thinking of your risk as the original stake is a negative way of thinking. Your risk is your new balance which you don't want to throw away. look after whFri, 09 Sep 2011 20:38:34 -0500Boss advice, thanks for that lads.LordBobbin, that is EXACTLY what I needed to hear, thank you.This all started at my mates wedding... I'd never previously laid a bet in all my 35 years, and he made make one with him to celebrate! Needless to say, ithttps://community.betfair.com/general_betting/go/thread/view/94082/28263095/3-times-up-3-times-down?post_id=506481239#506481239Boss advice, thanks for that lads.LordBobbin, that is EXACTLY what I needed to hear, thank you.This all started at my mates wedding... I'd never previously laid a bet in all my 35 years, and he made make one with him to celebrate! Needless to say, itFri, 09 Sep 2011 20:28:39 -0500Thered, as your bank gets bigger, you should be reducing the percentage of your bank that you're putting at risk. If you're risking 50% when you have £20, you're presumably betting around £10 a time. By the time your bank has risen to £100, you cahttps://community.betfair.com/general_betting/go/thread/view/94082/28263095/3-times-up-3-times-down?post_id=506481009#506481009Thered, as your bank gets bigger, you should be reducing the percentage of your bank that you're putting at risk. If you're risking 50% when you have £20, you're presumably betting around £10 a time. By the time your bank has risen to £100, you caFri, 09 Sep 2011 20:21:37 -0500And continually thinking of your risk as the original stake is a negative way of thinking. Your risk is your new balance which you don't want to throw away.There's loads to learn when you're at the beginning, but if you're keen and dedicated you coulhttps://community.betfair.com/general_betting/go/thread/view/94082/28263095/3-times-up-3-times-down?post_id=506480987#506480987And continually thinking of your risk as the original stake is a negative way of thinking. Your risk is your new balance which you don't want to throw away.There's loads to learn when you're at the beginning, but if you're keen and dedicated you coulFri, 09 Sep 2011 20:21:15 -0500An edge is your method of beating the market, it basically means obtaining value though, which is more or less the only way to win. Your staking is waaaaay too high! Personally I use 0.2% of my betting bank per bet, but most would say that's a tad cohttps://community.betfair.com/general_betting/go/thread/view/94082/28263095/3-times-up-3-times-down?post_id=506480865#506480865An edge is your method of beating the market, it basically means obtaining value though, which is more or less the only way to win. Your staking is waaaaay too high! Personally I use 0.2% of my betting bank per bet, but most would say that's a tad coFri, 09 Sep 2011 20:16:58 -0500When you say 'edge' Trev, what exactly do you mean?Sorry for the totally newbie question :)https://community.betfair.com/general_betting/go/thread/view/94082/28263095/3-times-up-3-times-down?post_id=506480631#506480631When you say 'edge' Trev, what exactly do you mean?Sorry for the totally newbie question :)Fri, 09 Sep 2011 20:09:08 -0500When you say 'edge' Trev, what exactly do you mean?Sorry for the totally newbie question :)https://community.betfair.com/general_betting/go/thread/view/94082/28263095/3-times-up-3-times-down?post_id=506480629#506480629When you say 'edge' Trev, what exactly do you mean?Sorry for the totally newbie question :)Fri, 09 Sep 2011 20:09:07 -0500