New Posts For Thread: UNDERSTAKING vs OVERSTAKINGhttps://community.betfair.com/general_betting/go/thread/view/94082/28727751/understaking-vs-overstakingOVERSTAKING: We all know where this leads to.UNDERSTAKING: Uncharted and probably hampering waters for me.We all, at some point, fell for the bad old chasing and overstaking demon.But, how do we handle our stakes in the heat of the moment?You are a tI think most traders overstake relative to their bank and pretend it is okay to do so. The youtoob vids often show the guru trading using virtually the whole bank on the assumption that they will hedge any losses to a small % of the bank. So a typihttps://community.betfair.com/general_betting/go/thread/view/94082/28727751/understaking-vs-overstaking?post_id=513360847#513360847I think most traders overstake relative to their bank and pretend it is okay to do so. The youtoob vids often show the guru trading using virtually the whole bank on the assumption that they will hedge any losses to a small % of the bank. So a typiSat, 03 Dec 2011 04:23:05 -0600p.s. It would take me nearly 3 years to deposit £1000 to lose it on this site, I figure if I lose for 3 years straight I should stop.https://community.betfair.com/general_betting/go/thread/view/94082/28727751/understaking-vs-overstaking?post_id=513178773#513178773p.s. It would take me nearly 3 years to deposit £1000 to lose it on this site, I figure if I lose for 3 years straight I should stop.Mon, 28 Nov 2011 13:10:02 -0600It depends how you define 'bank'. I think it's best described as the maximum you could afford to lose on betfair. It doesn't have to be deposited on betfair to be your bank.For example, people talk of "a second bank" or "reloading your bank" but thathttps://community.betfair.com/general_betting/go/thread/view/94082/28727751/understaking-vs-overstaking?post_id=513178737#513178737It depends how you define 'bank'. I think it's best described as the maximum you could afford to lose on betfair. It doesn't have to be deposited on betfair to be your bank.For example, people talk of "a second bank" or "reloading your bank" but thatMon, 28 Nov 2011 13:09:13 -0600Laying to lose 0.5 per cent of your bank seems very very low to me .Unless your bank is frighteningly big good luckhttps://community.betfair.com/general_betting/go/thread/view/94082/28727751/understaking-vs-overstaking?post_id=513177943#513177943Laying to lose 0.5 per cent of your bank seems very very low to me .Unless your bank is frighteningly big good luckMon, 28 Nov 2011 12:44:03 -0600p.s. Try to keep your bank level.Withdraw your winnings, deposit when it's down.At the end of each week, get your bank back to where it started. This will deliver two things:A) It stops a big bank going to your head leading to overstakingB) It stopshttps://community.betfair.com/general_betting/go/thread/view/94082/28727751/understaking-vs-overstaking?post_id=513176691#513176691p.s. Try to keep your bank level.Withdraw your winnings, deposit when it's down.At the end of each week, get your bank back to where it started. This will deliver two things:A) It stops a big bank going to your head leading to overstakingB) It stopsMon, 28 Nov 2011 11:59:38 -0600What such a gross liability difference between max. liability "laying" and "Trading".You must realise that laying a result is the same thing as backing all the other results dutch.There is no difference between backing and laying in a closed market*.https://community.betfair.com/general_betting/go/thread/view/94082/28727751/understaking-vs-overstaking?post_id=513176633#513176633What such a gross liability difference between max. liability "laying" and "Trading".You must realise that laying a result is the same thing as backing all the other results dutch.There is no difference between backing and laying in a closed market*.Mon, 28 Nov 2011 11:57:16 -0600The way I deal with it is to have a big cash reserve, so that even big (short term) losses will have zero effect on my ability to pay living costs, bills etc.One thing you can do is build a 'risk fund'. From now on, a portion of your profits goes tohttps://community.betfair.com/general_betting/go/thread/view/94082/28727751/understaking-vs-overstaking?post_id=513176595#513176595The way I deal with it is to have a big cash reserve, so that even big (short term) losses will have zero effect on my ability to pay living costs, bills etc.One thing you can do is build a 'risk fund'. From now on, a portion of your profits goes toMon, 28 Nov 2011 11:55:17 -0600OVERSTAKING: We all know where this leads to.UNDERSTAKING: Uncharted and probably hampering waters for me.We all, at some point, fell for the bad old chasing and overstaking demon.But, how do we handle our stakes in the heat of the moment?You are a thttps://community.betfair.com/general_betting/go/thread/view/94082/28727751/understaking-vs-overstaking?post_id=513175757#513175757OVERSTAKING: We all know where this leads to.UNDERSTAKING: Uncharted and probably hampering waters for me.We all, at some point, fell for the bad old chasing and overstaking demon.But, how do we handle our stakes in the heat of the moment?You are a tMon, 28 Nov 2011 11:29:20 -0600