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£10,000000
09 Feb 10 20:09
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Date Joined: 17 Feb 08
| Topic/replies: 23 | Blogger: £10,000000's blog
Which strategy will attract a better profit over time.

Strategy a : Where I back certain carefully considered favourites-bank the profits if they win or take the hit if they lose.

OR

Strategy b : Where I back carefully considered favourites- but lay them when they start to win e.g go a goal up (thereby reducing my potential winnings)- but lose nothing if they lose.

Over time how will these two strategies compare against each other in profitability?

Me and the missus are is disagreement....apologies for posting this on both forums its just that I'd like a quick answer ; )
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Report fleetingglimpse February 9, 2010 8:17 PM GMT
trading, only way, protect ure bets, right now man city are winning 1-0, anything can happen but i am out with a profit, looking for my next bet
Report winningthought February 9, 2010 8:19 PM GMT
Strategy B minimises winnings and maximises losses.
Report £10,000000 February 9, 2010 8:20 PM GMT
thanks mate....your on the same side as my missus!!!
got the same bet on man city myself maybe I should lay it off then....
Report mc selecta February 9, 2010 8:20 PM GMT
and B minimises commission.
Report fleetingglimpse February 9, 2010 8:22 PM GMT
as i said anything can happen and its now 2-0, !!,
Report £10,000000 February 9, 2010 8:22 PM GMT
winningthought: this is the missus asking: how does strategy b maximise losses? surely it's protecting them?
Report winningthought February 9, 2010 8:24 PM GMT
if the opposition had of scored, would you have taken a loss?
Report £10,000000 February 9, 2010 8:26 PM GMT
winningthought: with strategy B there is no loss, just a marginal loss in profit- strategy a could spawn a loss.

appreciate the answers everyone it's very helpful!!
Report fleetingglimpse February 9, 2010 8:27 PM GMT
to my mind, the b option will give u smaller wins and smaller losses, is your primary aim not to lose while you learn ,if so this is the way to go
Report winningthought February 9, 2010 8:28 PM GMT
Strategy B says nothing about taking a loss if the other team go 1-0 up. therefore you will take a maximum loss should you lose, and limited profit should you win.
Report fleetingglimpse February 9, 2010 8:33 PM GMT
if you take option A and back a team , say the score is 2-0, if you don't lay off and it ends 2-2, that is a risk i would not take for what the lay cost's against profit, extreme example i grant you
Report winningthought February 9, 2010 8:35 PM GMT
fleetingglimpse : if the other team go 1-0 up, do you "red up" your book?
Report fleetingglimpse February 9, 2010 8:38 PM GMT
depends on the bet, in this example of city, for examplle you could have laid city for h/t and backed city in correct score mkt giving a free bet or escape
Report winningthought February 9, 2010 8:44 PM GMT
I dont think out and out trading has anything to do with the opening question tbh. anyway gl
Report fleetingglimpse February 9, 2010 8:46 PM GMT
Strategy b : Where I back carefully considered favourites- but lay them when they start to win e.g go a goal up (thereby reducing my potential winnings)- but lose nothing if they lose.

Over time how will these two strategies compare against each other in profitability?
.
.
think he is talking in-play
Report winningthought February 9, 2010 8:48 PM GMT
this is like banging my head off a wall. good luck.
Report fleetingglimpse February 9, 2010 8:51 PM GMT
haha, good luck to you mate too, long as we all get a few winners and have a bit of fun,
Report hooch369 February 9, 2010 9:01 PM GMT
Best thing to is if you belive a team is a good fav, back them in correct score for 1-0 or 2-0 then when they score they will shorten for a lay bet, when you green up determin whether you think they will win at that score, or take half of your green profit an lay again, garanteeing yourself half your green profit, if they get the win at the correct score you backed at, or about 1/5 of your green profit if they dont get that score, you are garanteed 1/5 of your free bet.
Report the morrow is yesterday's toda February 10, 2010 3:35 AM GMT
very funny thread.
he just doesn't get it!!!!!!!!!
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