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I'm new here and I want go..

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By:
kenilworth
When: 09 Nov 09 18:49
I only disagree with what I think is incorrect, and to make a sweeping statement like you will ''only win by locking profits'' is patently wrong. What's wrong with staying with a good position ?
By:
I.quit.my.job
When: 09 Nov 09 18:56
"whenever you can" I said to lock in profits.........I didn't stay "you will only win by locking in profits"
By:
kenilworth
When: 09 Nov 09 19:48
"whenever you can" I said to lock in profits

You think it's always better to lock in a profit rather than stay with your bet ? At what point do you lock in the profit ? Example, you back unders at, say 1.80 when would you 'lock in your profit'' assuming no goal, at 1.75, 1.70, 1.65 or when ?
By:
Kwijibo
When: 09 Nov 09 20:10
When to lock in profit - i guess there's a different answer from most punters ????
By:
kenilworth
When: 09 Nov 09 20:14
Kwijibo, I agree, but some people just say ''lock in a profit'' where possible, and I thnk that is plainly wrong.
By:
I.quit.my.job
When: 09 Nov 09 20:44
depending on circumstances Kenilworth..............how not to trade out on my thread is Liverpool now.......a good example is NY Giants last night................protecting the bank is the main objective

if you have an evens bet and you have the opportunity to lock in 66% profit when the game looks tight and could go against you..............this is a time
By:
kenilworth
When: 09 Nov 09 21:21
Getting a 66% profit takes a bit of doing and everything depends on the price IMO. Backing at evens requires a lay of 1.20, laying at evens requiring a back at 6.0, and for me the price has to be right at the time. It shouldn't be closing at any price. GL.
By:
Video_Lounge
When: 09 Nov 09 21:43
Bet 1 - Liverpool v Birmingham 1 or more goal £10 @ 1.06 Won

next bet £10.57

Thanks for all the comments they make interesting reading.

I will continue this challenge bt obviously it can not go on forever, therefore does anyone know how many bets it would take to reach £100 by going all in on each bet? obviously the odds will differ slightly but an approximate figure would be great.

VL
:)
By:
Lusitano71
When: 09 Nov 09 22:34
use this calculator

http://www.math.com/students/calculators/source/compound.htm

where you see:

YEARS (read "nº of bets")

PERCENT YIELD (read "average odds")

INITIAL BALANCE (same)

MONTHLY CONTRIBUTION (leave at zero)

hope it helps ;)
By:
Lusitano71
When: 09 Nov 09 22:36
by the way you need 29 bets to make £100 at an average odd of 1.08
By:
Lusitano71
When: 09 Nov 09 22:41
feck forgot about comission

so a few more bets then around 30/31 bets

if average odds of 1.08

0.05*8=0.4

8-0.4 = 7.6 (real average odds minus comission 1.076)
By:
Video_Lounge
When: 09 Nov 09 22:45
Hey Lusitano71..thanks very much for that, much appreciated :)
By:
kenilworth
When: 09 Nov 09 22:49
Video_Lounge, I think you are taking the p!ss out of everyone and you have only been here 5 days. Well done !!
By:
Video_Lounge
When: 09 Nov 09 23:03
Hi Kenilworth,

I'm not sure where you are coming from, why would I want to take the** out of anyone? I'm just trying these challenges out..

sorry if I have offended you
:(
By:
Lusitano71
When: 09 Nov 09 23:10
dont worry VL there are tons of guys like this here just learn to ignore them when they dont have nothing constructive to say

and if you dont have the feeling you offended anyone, DONT SAY SORRY
By:
kenilworth
When: 10 Nov 09 10:40
video, you just seem incredibly naive which made me think you are on the wind up. You haven't offended me in any way and I hope I haven't offended you. GL.
By:
catfloppo
When: 10 Nov 09 11:21
but I think there is value in every price,...incorrect...but betting such short odds on their own is a very hard way to make a profit................you also need to trade out (GREEN) whenever you can to lock in profits. If you don't trade out - you might as well bet with bookmakers................

Nonsense, if you lock in profit by taking bad value bets its not as profitable in the long term as leaving your positions open.
By:
Video_Lounge
When: 10 Nov 09 12:30
Hi Kemilworth,

Why naive ?

Anyway not to worry :) I'm off to pick the next selection.
By:
Video_Lounge
When: 10 Nov 09 12:31
Kenilworth :) poor typing
By:
Video_Lounge
When: 10 Nov 09 12:53
Bet 1 - Liverpool v Birmingham 1 or more goal £10 @ 1.06 Won
Bet 2 - Leeds v Grimsby 1 or more goal £10.57 @ 1.05
By:
Hopeless bettor
When: 10 Nov 09 13:06
Nobody ever wins in a value argument ;-)

Waste of time!
By:
kenilworth
When: 10 Nov 09 13:18
Video, perhaps if you read your own posts you will understand my thoughts. Anyway, it seems you're not offended and besides, being even a little naive doesn't make you a bad person. :)
By:
I.quit.my.job
When: 10 Nov 09 13:19
some people play open attacking betting, some play a defensive protecting bank game...........tactics are different, no right or wrong answer people.............if you never trade out, why bet on here?
By:
kenilworth
When: 10 Nov 09 17:52
why bet on here? The same reason as backing with the books. Where ever the price is best.
By:
Video_Lounge
When: 10 Nov 09 20:55
Bet 1 - Liverpool v Birmingham 1 or more goal £10 @ 1.06 Won
Bet 2 - Leeds v Grimsby 1 or more goal £10.57 @ 1.05 Won
bet 3 - Barcelona v Leonesa 1 or more goal IP £11.07 @ 1.12
By:
Video_Lounge
When: 10 Nov 09 22:18
Bet 1 - Liverpool v Birmingham 1 or more goal £10 @ 1.06 Won
Bet 2 - Leeds v Grimsby 1 or more goal £10.57 @ 1.05 Won
bet 3 - Barcelona v Leonesa 1 or more goal IP £11.07 @ 1.12 Won

Next bet £12.33
By:
Video_Lounge
When: 10 Nov 09 22:29
Bet 1 - Liverpool v Birmingham 1 or more goal £10 @ 1.06 Won
Bet 2 - Leeds v Grimsby 1 or more goal £10.57 @ 1.05 Won
Bet 3 - Barcelona v Leonesa 1 or more goal IP £11.07 @ 1.12 Won
Bet 4 - America Natal v Figueirense 1 or more goal £12.33 @ 1.06
By:
Video_Lounge
When: 11 Nov 09 00:46
Bet 1 - Liverpool v Birmingham 1 or more goal £10 @ 1.06 Won
Bet 2 - Leeds v Grimsby 1 or more goal £10.57 @ 1.05 Won
Bet 3 - Barcelona v Leonesa 1 or more goal IP £11.07 @ 1.12 Won
Bet 4 - America Natal v Figueirense 1 or more goal £12.33 @ 1.06 Won

Next bet £13.03
By:
Video_Lounge
When: 11 Nov 09 04:46
Bet 1 - Liverpool v Birmingham 1 or more goal £10 @ 1.06 Won
Bet 2 - Leeds v Grimsby 1 or more goal £10.57 @ 1.05 Won
Bet 3 - Barcelona v Leonesa 1 or more goal IP £11.07 @ 1.12 Won
Bet 4 - America Natal v Figueirense 1 or more goal £12.33 @ 1.06 Won
Bet 5 - Southampton v Charlton 1 or more goal £13.03 @ 1.07
By:
Video_Lounge
When: 11 Nov 09 20:51
Bet 1 - Liverpool v Birmingham 1 or more goal £10 @ 1.06 Won
Bet 2 - Leeds v Grimsby 1 or more goal £10.57 @ 1.05 Won
Bet 3 - Barcelona v Leonesa 1 or more goal IP £11.07 @ 1.12 Won
Bet 4 - America Natal v Figueirense 1 or more goal £12.33 @ 1.06 Won
Bet 5 - Southampton v Charlton 1 or more goal £13.03 @ 1.07 Won

Next bet £13.89
By:
Video_Lounge
When: 11 Nov 09 21:16
Bet 1 - Liverpool v Birmingham 1 or more goal £10 @ 1.06 Won
Bet 2 - Leeds v Grimsby 1 or more goal £10.57 @ 1.05 Won
Bet 3 - Barcelona v Leonesa 1 or more goal IP £11.07 @ 1.12 Won
Bet 4 - America Natal v Figueirense 1 or more goal £12.33 @ 1.06 Won
Bet 5 - Southampton v Charlton 1 or more goal £13.03 @ 1.07 Won
Bet 6 - Palmeiras v Sport Recife 1 or more goal £13.89 @ 1.05
By:
Lusitano71
When: 11 Nov 09 22:47
word of advice

when and if you make it to £25/£30 take half or 1/3 and resume, you will know that you're on a free ride, no chance of losing your own money, that will give you a better frame of mind to continue betting

then make a plan regarding your bankroll management

1 or more goal markets are too risky to compound all the way, all leagues vary from 18% to 3% of 0-0 results so having a run over 20/30 bets its already good

keep withdrawing money or it will all be gone in one bet
By:
I.quit.my.job
When: 12 Nov 09 00:37
better word of advice

look for bigger prices and use % of bank stakes
By:
Video_Lounge
When: 12 Nov 09 00:52
Bet 1 - Liverpool v Birmingham 1 or more goal £10 @ 1.06 Won
Bet 2 - Leeds v Grimsby 1 or more goal £10.57 @ 1.05 Won
Bet 3 - Barcelona v Leonesa 1 or more goal IP £11.07 @ 1.12 Won
Bet 4 - America Natal v Figueirense 1 or more goal £12.33 @ 1.06 Won
Bet 5 - Southampton v Charlton 1 or more goal £13.03 @ 1.07 Won
Bet 6 - Palmeiras v Sport Recife 1 or more goal £13.89 @ 1.05 Won
By:
Video_Lounge
When: 12 Nov 09 00:52
Next bet £14.55
By:
Lusitano71
When: 12 Nov 09 00:58
look at www.1goal.in

and see what i mean
By:
Lusitano71
When: 12 Nov 09 01:00
beat run ever made so far is 50 bets

cumulative bets is @54.02 odds and still alive :)
By:
Lusitano71
When: 12 Nov 09 01:01
*best
By:
Video_Lounge
When: 12 Nov 09 01:10
Hi Lusitano,

I was thinking the very same thing,I will try and get to 15 correct selections and then withdraw all but my starting £10...and then start all over again, as you say,sooner or later a 0-0 will be hit.

Thanks for the advise

VL
:)
By:
Video_Lounge
When: 12 Nov 09 01:10
Ahh just seen the new post, I will take a look :)
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