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Best advice for novice punters on betfair

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By:
goodguy
When: 11 Jan 10 10:57
My advice to anyone coming on here for the first time is get yourself some good trading software, learn to trade a market you know quite a bit about, small stakes at first until you get to grips with it, then gradually increase your stakes when you are confident you can trade on here and make a profit.
By:
no moves
When: 11 Jan 10 22:01
So your advice is GOODGUY? Errrr............ trade and and make a profit. Just one question GOODGUY........how? Its like somebody saying buy a lottery ticket and before you part with your money find a system of finding the right numbers and then you'll win.

You haven't suggested an edge for him to follow in fact you have in my opinion ducked the question; really all you have said is find a profitable way of laying then keep following it, but that surelly is his question what is this profitable way of gambling.

You suggest automated gambling is the way ahead but one contributor on here recently remarked if you don't have a value edge to your betting automated bets may only allow you to put losers on more rapidly.
By:
goodguy
When: 12 Jan 10 21:57
No moves

Where did I mention Laying in my post. I'm a day trader and it took me over 18 months to learn how to trade on here and make a good living. Forget backing or laying, unless you know your market inside out, very few do on here. I trade the UK horse racing markets before the off, I don't need my horse to win, or lose, it doesn't matter, all I need to do is trade small movements in price and that is an art you need to learn to be successful.

As I said in my last post, download some software, bettrader Evolution is what I use, its a great piece of kit, trade very small and if you find you are good at it, then and only then increase your trading stakes. Watch some of the trading videos at racing traders, this may help you.
By:
FunBob
When: 12 Jan 10 23:38
If it's trading software you need, the novice punter\trader should download http://www.geekstoy.com/

It's fast, lightweight, highly configurable and FREE. Also, the forum is a happy, friendly place.

All the cash saved in monthly subs can go towards a bigger bank.

Review: http://www.geekstoy.com/forum/showthread.php?p=11527#post11527
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