Forums

We want to share an important update with our Betfair Community users.

Over the coming months, the Betfair Community platform will be winding down. The final active day for the platform will be December 21st. From December 22nd, users will no longer be able to access the platform.

Your discussions, insights, engagement, and, most importantly, feedback have helped shape the platform and guided innovation. Your feedback continues to be important to us, and we will continue to listen via our dedicated feedback channels, as well as through product testing and innovations.

To share your feedback and experience, visit: https://support.betfair.com/app/home

General Betting

There is currently 1 person viewing this thread.
These 97 comments are related to the topic:
10% a week......and how it is done!!

Post your reply

Text Format: Table: Smilies:
Forum does not support HTML
Insert Photo
Cancel
Page 3 of 3  •  Previous | 1 | 2 | 3 | Next
sort by:
Show
per page
Replies: 97
By:
iknownothingithink
When: 19 Sep 10 09:25
Is it better for people to do these percentages daily or weekly im fairly new to this game and at the moment im laying and im taking 2% of my bank per day i play the horses and to be honest i havent come unstuck yet but its only a matter of time ill keep my disapline but i just wondered if the way im going about things is dangerous as im playing for 14% of my bany per week. Thank you
By:
gibmark
When: 19 Sep 10 09:41
i would say daily is ok ..as there are horse races everyday ,
i do weeky ..one you have to allow you arent going to win everytime , also i bet on sports that arnt on everyday ,
if you are winning its always tempting to bet bigger ,
the amount of times i have won say 8 times or so small ,
to be wiped out by one short price cert..lol..lumping on ,
if you avoid big losses , lots of small gains ...
soon builds up ..and you are learning as you go ,
By:
iknownothingithink
When: 19 Sep 10 12:39
In your experence how do you accept a losing day the reason i ask is because ive seen friends of mine in a shop chasing there loses and i really want to avoid that
By:
gibmark
When: 19 Sep 10 18:47
i look at it like graph ...
take the stock market ....you may exspect your stocks to go up long term ,
but being realistic ..nobody would exspect it to go up and up everyday !
it will go up and down ,,lets hope there are more ups than downs ,
limit the size of the down by a max limit bet too ,
sometimes i chase and double up at a much better price..hoping to trade out at a profit if they draw level , ...cant do that in shops !..but mostly i m happy if im in profit...and trade out ,
you will find your own way , ...but if you only want to pick winners ..it will be very tough ,
i would say almost impossible to do well long term , ,
if you are just staring off ..you are bound to make mistakes ..so let them be little ones ..many its not aprob ..learn a way best for you to profit ,
if you spent a day reading all the threads here on general betting ..you will pick some ideas up
By:
buzzer
When: 28 Sep 10 13:38
Good to see you're still offering your wisdom, wit and winning mentality to the forum. You have to be commended because so many idiots come on here spouting they've cracked it and are making so much they don't know what to do with it only to disappear in a cloud of bu ll sh it, well done.
By:
Wedged
When: 28 Sep 10 14:22
Chortle [:D]

Another one who no longer shows their face on this forum whilst this thread is near the top.

Imagine, you are claiming to make £130,000 per year EASY and you pizz about with £50 bank threads. Cry
By:
hobson
When: 02 Feb 11 23:49
what happened to i only lay
By:
Avocado
When: 03 Feb 11 00:00
am i right in thinking that the person who started this thread is a c0ck?
By:
SHAPESHIFTER
When: 03 Feb 11 09:30
profit is possible on betfair.  But it comes down to the individual to not deviate from what they know in order to make a continuous profit.  In this day and age of 'click and bet', it is easy to stray from what you know. 

In the past 30 days, any losses I had were:
a) due to a mistake
b) bending my own 'rules of engagement'
c) not doing the research or taking on a sport where my strike-rate is weak.
d) pushing the stake (no, not chasing.  Just pushing the risk).

Examples:
a) My spreadsheet reading the horses had a different order to that on the platform.  I laid the wrong horse in-running.

b) Last week at evening racing at Kempton, I laid a horse in a race that historically I had a return of -40% ROI over a long period.  As well, the type of horses were rated from naught so was a donkey race.  Horse won at 4/1.

c) I took on U.S. Racing the past month because of my schedule.  Was doing okay with small stakes then got lazy and played a race without digging as deep as I normally do.  This was combined with (d) when I was trading to reduce the risk only to get caught out on momentum and rather than red out, I 'let it ride'.

Prior to that and since that (including three days off to chill), I made a steady profit through proper research and playing two (repeat two) markets only:  UK HORSES and NHL HOCKEY.

I did not win every bet but made a steady profit through backs, lays, trading and trading to reduce risk.

With 3 meetings a day, I don't need to play every race.  I usually choose the two tracks I have a better strike rates at then will 'glance' at the third track if there is a type of race that I usually do well at. 

There is always another horse race so no harm in skipping one or two.  Enjoy the cup of tea away from the screen.  It will clear your brain.

With a PC in front of us, we have more information than most to make decisions.  Yet we'll 'cut corners'.  Any losing plays I had in the past 30 days were because of that. 

The vision is clear if you want it to be.

Good luck to all in 2011.
By:
supersavo
When: 03 Feb 11 11:25
good post, shape.
By:
Do wah Diddy
When: 03 Feb 11 16:49
I THINK HE DISSAPEARED ,BECAUSE HE THOUGHT YOU LOT DIDNT DESERVE HIS ADVICE ,THE WAY ALOT OF YOU WERE TREATING HIM,IF HEWAS SENSATIVE LIKE ME ,YOU WOULD HAVE UPSET HIM
By:
mesmerised
When: 04 Feb 11 16:02
turned £50 into £25,000 in 9 month

Course he didLaugh
By:
stevies5_mufc
When: 04 Feb 11 16:19
hello?LaughLaughLaughLaughLaughLaughLaugh
By:
Glasgow Brian
When: 04 Feb 11 23:55
liars
By:
Lusitano71
When: 05 Feb 11 00:52
nice post SHAPE  [;)]
By:
funlovingexpress
When: 06 Feb 11 00:25
Dosen't matter how good your system is if you lose it all because the site goes down and you can't lay it off.
By:
sweetchildofmine
When: 06 Feb 11 16:44
isnt it high time you changed your user name?
By:
SHAPESHIFTER
When: 07 Feb 11 11:09
funlovingexpress, I have been caught out on the site crashing as well.  I, fortunately, have not lost my whole bank. 

But I do monitor the site carefully now.  The tell-tale sign are sometimes there and best just to take the day off rather than fight the stream.  And that goes for if your broadband supplier is having a rough day (sometimes simply turning off your router for ten minutes can reassign your access to the net).

As well, if you are exposing your whole bank, then that's a mindset you have to look at.  If you are going to take that route, make sure you have the funding to cover yourself through a bookie (since laying off simply means placing bets on other outcomes).

This wasn't to defend betfair but the fact remains that technology on all levels, simple or complex, is not flawless and contingencies have to be there.
Page 3 of 3  •  Previous | 1 | 2 | 3 | Next
sort by:
Show
per page

Post your reply

Text Format: Table: Smilies:
Forum does not support HTML
Insert Photo
Cancel
‹ back to topics
www.betfair.com