New Posts For Thread: New Years resolution is tohttps://community.betfair.com/general_betting/go/thread/view/94082/30166665/new-years-resolution-is-towin lots of money, simple as that, been here long enough now that time is important as in not wasting anymore.Whats yours?I mean if you're greening out for the sake of it, you have to red out. Or vice-versa. If you have value strategy behind it, then it's not really greening or redding out just adjusting position accordingly as the match/race/etc and odds fluctuate.https://community.betfair.com/general_betting/go/thread/view/94082/30166665/new-years-resolution-is-to?post_id=537310165#537310165I mean if you're greening out for the sake of it, you have to red out. Or vice-versa. If you have value strategy behind it, then it's not really greening or redding out just adjusting position accordingly as the match/race/etc and odds fluctuate.Wed, 08 Jan 2014 13:15:45 -0600If you green out, you have to red out.If you don't red out, then don't green out either.----------This isn't really true. If all the bets are at value, it would be fine to always green up and never red out, so long as you got your initial staking righttps://community.betfair.com/general_betting/go/thread/view/94082/30166665/new-years-resolution-is-to?post_id=537308479#537308479If you green out, you have to red out.If you don't red out, then don't green out either.----------This isn't really true. If all the bets are at value, it would be fine to always green up and never red out, so long as you got your initial staking rigWed, 08 Jan 2014 12:12:08 -0600Agree here.If you green out, you have to red out.If you don't red out, then don't green out either.https://community.betfair.com/general_betting/go/thread/view/94082/30166665/new-years-resolution-is-to?post_id=537307959#537307959Agree here.If you green out, you have to red out.If you don't red out, then don't green out either.Wed, 08 Jan 2014 11:38:18 -0600redding out at value is possibly the hardest lessons to learn, imo.https://community.betfair.com/general_betting/go/thread/view/94082/30166665/new-years-resolution-is-to?post_id=537303377#537303377redding out at value is possibly the hardest lessons to learn, imo.Wed, 08 Jan 2014 07:48:53 -0600That is certainly what I used to do Rob even more so with spread betting. Sometimes take a profit but if I was losing then I would hope that things would turn around when in my head I knew they would nothttps://community.betfair.com/general_betting/go/thread/view/94082/30166665/new-years-resolution-is-to?post_id=537301181#537301181That is certainly what I used to do Rob even more so with spread betting. Sometimes take a profit but if I was losing then I would hope that things would turn around when in my head I knew they would notWed, 08 Jan 2014 05:34:00 -0600My guess is that a lot of people who green up for a nice win don't red out for a hefty loss. So all they do is cut their winners short and let their losers run, which can turn a winning punter into a losing one.Bottom line is if you're backing valuehttps://community.betfair.com/general_betting/go/thread/view/94082/30166665/new-years-resolution-is-to?post_id=537296379#537296379My guess is that a lot of people who green up for a nice win don't red out for a hefty loss. So all they do is cut their winners short and let their losers run, which can turn a winning punter into a losing one.Bottom line is if you're backing valueTue, 07 Jan 2014 21:09:08 -0600fair point UA - you're right on the numbers.on your other earlier point though, I'm not so sure. prices are volatile for say a minute after a goal; unless you know accurately what the price should be, you're basically betting blind without the valuehttps://community.betfair.com/general_betting/go/thread/view/94082/30166665/new-years-resolution-is-to?post_id=537232315#537232315fair point UA - you're right on the numbers.on your other earlier point though, I'm not so sure. prices are volatile for say a minute after a goal; unless you know accurately what the price should be, you're basically betting blind without the valueSat, 04 Jan 2014 13:19:21 -0600Hi VivIn your example you state that Punter A return is 95 but it's not because he only pays commission on winnings not the whole stake. It's 75*.95 + 25 which comes out at 96.25For Punter B the same applies and his return is 96.55 and not 94.05.Hi rhttps://community.betfair.com/general_betting/go/thread/view/94082/30166665/new-years-resolution-is-to?post_id=537231215#537231215Hi VivIn your example you state that Punter A return is 95 but it's not because he only pays commission on winnings not the whole stake. It's 75*.95 + 25 which comes out at 96.25For Punter B the same applies and his return is 96.55 and not 94.05.Hi rSat, 04 Jan 2014 12:19:46 -0600The bottom line is you can create a million examples to prove the point either way but its the mentality of the punter who wants to green up. If he's doing to max his long term profit, laying back at value to real odds or at real odds then fair enoughttps://community.betfair.com/general_betting/go/thread/view/94082/30166665/new-years-resolution-is-to?post_id=537228885#537228885The bottom line is you can create a million examples to prove the point either way but its the mentality of the punter who wants to green up. If he's doing to max his long term profit, laying back at value to real odds or at real odds then fair enougSat, 04 Jan 2014 10:18:28 -0600I think where your example falls down is that, if you green up you may be losing less to commission, but you're losing it more often, and over a series of bets that more than compensates when greening out at any price above true value.for my counter-https://community.betfair.com/general_betting/go/thread/view/94082/30166665/new-years-resolution-is-to?post_id=537226655#537226655I think where your example falls down is that, if you green up you may be losing less to commission, but you're losing it more often, and over a series of bets that more than compensates when greening out at any price above true value.for my counter-Sat, 04 Jan 2014 08:55:26 -0600