Best advice for novice punters on betfair

you cannot win on here and it cannot be done.
you will losing to pay for the winners



hope that helps any newbies

What if some of the newbies are already winners?

aim to pay PC by April

Set yourself a deposit limit.

Follow the advice on this blog which has just started and will hopefully make fellow betfarians financially better off -

http://redandblackblog.wordpress.com/

close your account immediately :)

Don't bet inrunning unless you have fast pics.

Ive been on here for a few years now seen them all come & go.
Im telling you the best bit of advice anyone can give you is to try & make a go of it with your initial investment.

Get out before you lose all your savings and start borrowing in order
to chase your losses. It happens all punters on here whether they admit it or not. Gambling is a drug not a business.

Mack the knife........ see you joined 2003 ... and see you need advice ... welll maybe just maybe ..... this aint the job for you .. who knows ....

Erine and Burt ... 2007 guys ... your comments are crestfallen . you should not be on here .. but please stay .

I stand by what i said

Ernie and Bret ......... So do I .

Mugs are the life blood of the betting industry .. no offence meant .

Even chaps who come in with great plans and strategies all end up in the same boat. Like some women, it sucks you in and blows you out.Ive reverted back to doing small fun bets like I used to.

laying 3 /4 year olds in january against older horses can reward the layer very handsomely with the correct staking plan .

Best advice I could probably give (without typing out about 10 lessons I've learned expensively) is to find your own style of betting and retain sensible control of your staking, with luck and over a period of time you *might* be lucky and find that your method has an edge in the market.

Otherwise, enjoy your betting and expect to lose (at best to commission only) in the longer term.

backing the hold up types in races under a mile when theres guaranteed PACE on .
make sure the horse has
1. decent trainerform at present
2. goes on the type of track
3. trainer has a good record at the track .
4. horse goes on the surface .

Reading through the replies.
Obviously some of you dont know me as a few of you are gettin quite**y lol.

Lay all draws from the top section of a footie coupon, ie Real Madrid at home to Mallorca, this will not be a draw.

Deposit a certain amount in your account and treat it as if that's all the money you have in the world. Focus on keeping what you've got first and making a profit second.

Betfair can be like a Disney world, so many things to try. Find the best rides for you, and ride them one at a time.

there is no point running if your on the wrong road

Oh yeah, a big mistake I made in th beginning was thinking that I could make steady profit. It doesn't work like that. Don't aim for that-that's a good advice imo.

Don't pay for tips or systems.

if youve got a good strategy , and there are many
cover your balance up with some black tape --and remove it and the end of 30 days - and then stake accordingly

Have you made a profit from betfair GlasgowBrian?

nowhere near - still learning

When in doubt, look for MT. :)

ever day on here is a day at school

I tried several angles and am still scratching my head.. I often think that there is a way but it would involves large banks and plenty of patience and most importantly discipline. Not many people have these qualities.

l stick to southwell race card only
specialise for an edge

First of all take it slow and steady, there is so much on here, what you need to aim for
is to specialise in one area.

i forgot everyones a wins on betfair :)

ROB_D 09 Jan 18:25
i forgot everyones a wins on betfair


oh yes of course how silly of us :)

Who is this zipper cnt?

:^0

zipper...............back some ..........................lay some .......................................leave some alone ....cant be done .................................million boys ...........the nurse ................................etec etec etec etec

Back only thommo's phoneline tips.

follow money in horse racing the market gives alot clearer information than any other sport im not saying its bullet proof but money talks in racing. Its working for me anyway so far good luck all

Yep - horses in running using gruss seems to work a lot of the time - CERTAINLY NOT ALL THE TIME!

If you're not making profits with 100 don't assume you can make them with 1000.

good luck.

Mackthe** 3 lays for zipper 1.50 Via Mia aks nap lay the nag

Glasgow Brain .. back some , lay some , swerve plenty ... but you got to know what your doing ..

Come on Boys lets have a bit of FUN .... show me what you have got . Its only a bit of fun .

Ok first one in the bag ..... lay 2 3.20 race and lay 3 3.50 the lucky last .

I had inside story win & place in your first race did`nt like the fav myself.In the last i like Bowmaker.

are you laying mintoe & coolree star 15`s & 18`s ?

Mac.. hope you dont mind me calling you that... you can call me Zip ......... by the way the other night when you called me cnt ...... you were well out of order .... but move on zip has ... IF we dont move on we are getting nowhere .

3.20 lay Kinigi . we got a least 4 running for us lets see ,

zipper 09 Jan 16:34


Mack the knife........ see you joined 2003 ... and see you need advice ... welll maybe just maybe ..... this aint the job for you .. who knows .

Think you must have misread the thread title the other night zip i was offering advice not doing any asking.Agreed! we can move on.

Mac laying anything above 4/1 in a one horse book is a waste of time ... why take 17 /1 shots on here ok we all know they have no chance ... but how much can you get on ...... a bag of ***** .... zip likes the kill.. for real money

it`s you that said lay 2 in the 3.20 & 3 in the 3.50 not me

zipper 10 Jan 14:28


Ok first one in the bag ..... lay 2 3.20 race and lay 3 3.50 the lucky last .

Mac .......... can you speak English please ..

Bowmaker is a non runner.

Mac i give up ..... my advice to you is take more water with the booze .....
For other forum readers ..... this 3.50 is a race us ex bookies love ...... only 5 runners no each way ... its a match so lay one back the other .

think you should give up you are becoming rather stale

i`ll give you the last word however as you seem to have an awfully high opinion of yourself

Bowmaker a none runner .. well zip would have laid the nag big time ok it won a mickey mouse race .. but on the race card when a horse any horse has a first by its name ... it allmost Guaranteed .... to l be in the first 3 in the betting ..

Back 2 , and the 3 horse against hot pot .....8/11 .. they all can get beat ...

The hot pot is love delta 8/11

just do the opposite to zipper and you will make a profit

Mac ....... heres a clue ... take this Love Delta 8/11 on here to lay .. lets talk grands to win a grand .. your stake would be £1500 or there abouts ...

Zip - isn't it getting a bit late for you, thought you didn't bet after 4-0-Clock.

My stake on both of them two losers ... was wait for it £650 and if anyone of them had beaten the hot pot .......... I would have won a lot more than a grand ... Give any gambler The same bet ....... ever day over the next 365 days .. and any maths man would know who comes out a winner ...

Tell Dell ...... your right , but betting only zip dont bet after 4 .00 ..( but i can talk all night ) ask the wife thats why she called me zipper ......... zip it zipper ..... aint wifes cruel .

bet to a level where if you lose its stil value of rmoney for the enjoyment it brings

start with a small bank ,and bet small

http://sup4w115.blogspot.com/

I need followers ( not in the betting sense)

it's a lonely blog :)

Oh and as for advice keep it small and be very afraid :)

avoid the forum like the plague

best advice would be to consider carefully who you take advice from , on betfair 96% are long term losers v 4% actually win money , also only 4% of the customer base actually post on the forum so anything you read and wonder whether to follow is a similar task to dodging raindrops in a thunderstorm.

Identify a member of the 4% winners club and ignore the forum advice and you've cracked it , in summary that means if you can't fathom selections out for yourself withdraw your funds and find another hobby less expensive.

GOOD ADVICE


DO NOT LISTEN TO THE LOOOOSSSSEEEEEERRRRS ON THIS FORUM


THEY ARE ALL DREAMERS AND ON SOCIAL SECURITY

Why not try abitragging it seems like free money and should be without risk, plus if you opened up loads of accounts you would get all their signing up bonuses

once again ....

it cannot be done

why not?

no moves 11 Jan 00:29
why not?


BETFAIR COMM/PREMIUM CHARGES

As I understand it premium charge doesn't kick in until youve made 10 grand on here and I am sure he would be happy to make the ten grand then he could worry about premium charge.

Of course commision has to be taken into consideration but are you saying it is impossible to find bookmakers offering in exceess of 5% higher prices than betfair on some markets because that is just incorrect.

The existance of premium charge proved that it CAN be done. It does reduce profits a little bit but ultimatly premium charge payers are all winners- otherwise they wouldn't be paying.

Zippers 4 for today 3 lays 1 back .. Kempton 2.45 lay Chimes Kempton 3.15 Dream Esteem back to win and place .... Kempton 3.45 Lay Starbust ... Wolver 4.30 yes i know its a bit late for me but with all these meetings beening called off some times you have to do what you have to do .... any how lay Head First ..... over and out ....

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.

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.

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.

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