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skids
11 Jan 10 09:52
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Date Joined: 16 Feb 03
| Topic/replies: 82 | Blogger: skids's blog
is there anyone on here making a constant profit from trading big (eg 10k)a match on match odds back and lay matched before kick off.i did it a couple of times a few years ago when i had disposable income.i backed man u at everton on the monday at evens for 10k,and laid off on the friday for 10k at 1.9,for a locked in profit of 1k if man u won.the game was on a saturday ,and was 1.8 at ko.the way i look at this is it needs discipline to be able to not get involved in other markets in between,and you probably resricted to 2 trades a week if you use entire bank at once.

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Replies: 60
By:
The Visionary
When: 11 Jan 10 10:07
If you are confident in your pricing and market moves then yes this could be done
By:
skids
When: 11 Jan 10 10:11
yeah cheers,but is there anyone on here that you know.nicking a point or two with big bucks is not hard,and very profitable
By:
The Visionary
When: 11 Jan 10 10:15
Footie is not my game and I don't know anybody who does it.

Unless you are really good just because you are playing with big bucks doesn't make things easier. Often on the markets on here, the more you bet the harder it gets.
By:
skids
When: 11 Jan 10 10:32
here goes with a trade,albeit a market with limited timescale.manc v blackburn match odds
back man city 10k 1.52 matched
lay man city 10134 1.5 unmatched at present
if matched man c +126.75
blackburn or draw +127.70

lets see how it goes
By:
skids
When: 11 Jan 10 10:35
at the time of laying this is the market

1.46 £27,679 £97,365
1.47 £33,195 £116,188
1.48 £7,187 £100,933
1.49 £4,819 £60,276
1.50 £18,871 £57,514
1.51 £33,047 £126,898
1.52 £12,296 £71,183
By:
skids
When: 11 Jan 10 10:37
drifting out to 1.54 at moment,biggest its been
By:
tryhard
When: 11 Jan 10 10:46
Lost a boat load over the weekend. Would have been going ball deep on Man city today if I hadn't. I think 1.54 is a decent price. You should be ok with that coming in before Kick off.
By:
beetle
When: 11 Jan 10 10:46
but do you know why its drifting?
By:
buzzer
When: 11 Jan 10 10:54
you should have laid at 1.44 :)
if you're playing with stakes like this surely you'd be, at least attempting to, jumping on board as the market's going in the correct direction not forming a contrarian view with guesswork?
How are man city affected by the African Nations Cup, who's injured for them, suspensions, Robinho doesn't like the cold ;) do they perform well against hard working, physical, battling teams. I get the impression you stake with your head rather than other factors and what the market is telling you, good luck
By:
Eddie the eagle
When: 11 Jan 10 10:55
What will you do if it doesn't come back in ? Will you trade out for a guaranteed loss if the price stays at 1.54 - 1.55 , or even higher ?
By:
The Visionary
When: 11 Jan 10 10:57
Yes this is the key - what do you do if the market doesn't go your way?
By:
Eddie the eagle
When: 11 Jan 10 10:59
And if you don't trade out before the match , what would roughly the odds for City be if they scored after 15 - 20 minutes and what would City price be if Blacburn scored after 15 - 20 minutes ?
By:
tennis plums done
When: 11 Jan 10 11:02
you have to be disciplined and trade out, been doing it a while 500-1000 stakes, i always leave all green on the team i've traded, generally their favourites and top4/6 teams. the killer is when you get 500 matched on utd at city at 3.4 and lay at 3.1 and then they cancel the bleedin game....... ach
By:
buzzer
When: 11 Jan 10 11:04
just looked at the graph and the support level was 1.55 so if it was me i'd have my lay in at 1.49 and a back ready at 1.55
By:
skids
When: 11 Jan 10 11:04
trade out,lay out(eg lay at 1.54 for 9870,more or less -130 whatever happens),and maybe play with liability in play
By:
Eddie the eagle
When: 11 Jan 10 11:11
I know it will depend on how play has been so far in the match , but what odds do you guys thinh City will be if the first goal is scored after 15 minutes , both the 1-0 and 0-1 options please ?
By:
buzzer
When: 11 Jan 10 11:12
City 1.18ish Blackburn 2.5 ish
By:
Eddie the eagle
When: 11 Jan 10 11:16
Thanks buzzer , not to far off what I would have guessed.
By:
The Visionary
When: 11 Jan 10 11:20
Yes skids you have to trade out. You cannot let your bet go in-running.

So then it's all down to how good you are. Can you get it right enough times to make it pay?
By:
skids
When: 11 Jan 10 11:20
agree with the eagle if city 1 up,but i reckon 2.22-2.3 if blackburn
By:
Eddie the eagle
When: 11 Jan 10 11:24
skids , that has to be to low. If they are 1.52ish pre match , they must be higer than 2 .2 - 2.3 when 1-0 down ?
By:
skids
When: 11 Jan 10 11:37
yeah maybe eagle,mines a hunch
By:
Treble_Underscore
When: 11 Jan 10 11:39
problem will be when you get it right its easy to give it away (when playing for 10k) - so when you back evens and it goes to 1.9, the 10k will be swept up.

When it goes the wrong way you may struggle to shift the 10k. Not in a prem game I wouldn't think, but sometimes in that sort of volume you can't give it away, especially if there's a big drift.

You seem to have jumped in on man city without much research as to the way the price has moved this morning, team news, etc. I very much doubt its that easy to make money.
By:
skids
When: 11 Jan 10 11:46
no i have NOT USED REAL MONEY,but trading in REAL MARKETS(EG could have backed it at 1.52,and the lay put in),thats why i put up the market info so we you can see if what i am saying is true
By:
The Betfairy
When: 11 Jan 10 11:54
skids - you'll find that when you do start using real money you will notice a subtle difference in market behaviour - because your own money is affecting the market itself. That's why paper trading doesn't always provide accurate results., especially where large sums are used.
By:
The Visionary
When: 11 Jan 10 13:38
Too true. Market affected by your wedge and also you affected by having a real wedge on rather than a paper wedge. Neither should be underestimated.
By:
skids
When: 11 Jan 10 13:50
the post i put about the man utd v everton match was REAL money,and i have had plenty since,just dont have the disposable income at the moment to do it as i have had a messy divorce.
By:
The Visionary
When: 11 Jan 10 13:52
But if it works with 10k then will work with 1k and so on.

If you are good enough, then the funds will build from whatever your starting stake.
By:
skids
When: 11 Jan 10 14:09
yeah it will but 2% of 1k compared to 2% of 10k big difference,bigger bank makes it a whole lot easier
By:
The Visionary
When: 11 Jan 10 14:23
just dont have the disposable income at the moment

Surely given the above 2% of 1k per match you do is worthwhile and build it up gradually?

If you don't think it is worth it for a smaller stake than 10k then why are you effectively asking if it can be done?
By:
skids
When: 11 Jan 10 14:30
if you can make aton or tenner i know what i go for
By:
buzzer
When: 11 Jan 10 15:01
if you're any good those £10's will soon add up though
By:
The Investor
When: 11 Jan 10 15:16
Skids, not interested in getting involved in-play?
By:
skids
When: 11 Jan 10 15:36
i do but i like looking at strategies that involve less risk
By:
Rocket to the FACE
When: 11 Jan 10 15:58
What are you going to do when the market starts drifting away from you and you can't get out for anything less than a loss? This will happen and if you don't want to keep bets going in play you're going to have to know when and why the market will move.
By:
Rocket to the FACE
When: 11 Jan 10 15:58
And if you can figure that out, please tell me.
By:
kenilworth
When: 11 Jan 10 16:36
About 1.15 and 2.75 respectively.
By:
kenilworth
When: 11 Jan 10 16:38
If ManC went 1-0 down in, say 20 mins I'd have them about 2.75 and rising.
By:
skids
When: 11 Jan 10 17:32
i would lay off before in play
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