General Betting
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I have slowly developed my strategy from simply betting into what I can describe as a trading hybrid.
I use mainly 3 betfair markets: horse, football, and financial.
I have 5 main tools I use - ALL FREE. I know a lot of people buy ridiculous priced so called 'systems'. Trust me, it's all a matter of practice, a lot, and trial and error. That's your investment, and that's what creates YOUR winning strategy.
With the strategy I slowly developed I managed to reach a level of significant Return-On-Investment.
And for the betfair users that chase a few back/lay (up/down) ladder points to reach a profit (specially in horse trading)...NOTHING beats this tool:
http://img180.imageshack.us/img180/2117/toutregulier190820105se.jpg
As easy as A,B,C.
What's your betfair strategy? Trading or Betting?
And what free tools do you use?
Any questions just ask. Always willing to help.
Luso
I use mainly 3 betfair markets: horse, football, and financial.
I have 5 main tools I use - ALL FREE. I know a lot of people buy ridiculous priced so called 'systems'. Trust me, it's all a matter of practice, a lot, and trial and error. That's your investment, and that's what creates YOUR winning strategy.
With the strategy I slowly developed I managed to reach a level of significant Return-On-Investment.
And for the betfair users that chase a few back/lay (up/down) ladder points to reach a profit (specially in horse trading)...NOTHING beats this tool:
http://img180.imageshack.us/img180/2117/toutregulier190820105se.jpg
As easy as A,B,C.
What's your betfair strategy? Trading or Betting?
And what free tools do you use?
Any questions just ask. Always willing to help.
Luso
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would like to get into trading a bit mate .
Used to do a little bit a while ago - just backing and laying a touch lower and greening up , but after a good start it ebbed away . any advice on getting my trading back up again . cheers |
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Any favourite markets?
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Luso,
My Markets are similar to you, football, horses and cricket What tips do you have for good strategy's? as after a couple of years of trying, i still havent developed a good profit making strategy. |
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The easiest strategy of making some profit with almost no risk must be scalping a few ticks on the favourite horses using a reliable chart. To start making a significant profit you have to start playing with around £200. But there's little, or no risk of ever losing this amount. To start with you can start with £2 bets to test the market.
Tools (free): - GeeksToy - QuantSports - NinjaTrader Then it's a matter of playing with these tools for a few weeks. Once you have charts like this (from QuantSports and NinjaTrader) you can make some significant ROI using GeeksToy ladder: http://img180.imageshack.us/img180/2117/toutregulier190820105se.jpg No systems. No rocket science. Just do what the charts tell you. Check the racecards, study the charts, find warning flags that work for you, change the settings of the tools to suit you betting style, etc, etc. Works for every market, but obviously markets with lots of price movements work better (horse racing). If you need further details just ask. Luso |
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luso, I had an e-mail about 5 free betting bots at free betting bots dot com, are these the one's you use?
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I don't use any bots!
I mostly trade the market using charts and indicators similar to financial markets. |
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How do I download Ninja Trader once I have recieved the link from QuantSports? Ninja Trader wants to know which broker I use etc
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You don't need to add those details. You can even use NinjaTrader as a testing platform using your own input for up/down market movements.
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Quant is producing an error when i try to map a selection. Ninja is saying i need a reg key :(
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Ignore the error. It does that because NinjaTrader is not connected yet. For the reg key??? Probably check your email.
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Is Ninja trader free?
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In the Ninja application form do I leave the 'I was referred to' and ' My broker is' lines blank?
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Which class do I say I trade futures, forex or equities?
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Free? Yes.
Lines? I cannot remember. But I think I left them blank. |
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I have to enter who my broker is to request the reg key e-mail..
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I've got it now Luso. I will probably get back to you regarding the graphs and analysis.. Cheers :D
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Happy to help - just ask.
But... If someone gave me ALL the instructions, including step-by-step guides, I am sure I wouldn't be as efficient when trading. It comes from experience, trial-and-error, and a lot of perseverance. And of course a small bank that gives you the opportunity to test strategies. But as always, happy to help! |
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Hi Luso,
i read your posts and i did download ninjatrader,for charting, but how i get data from betfair? thanks in advance |
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you need to register and download manuals from quant sports
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Thanks aceporty.
Yes carei QuantSport provides a link between Betfair and NinjaTrader. |
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Thanks Aceporty and Luso, but still not working, i read all the manual, i load quantsport with my slection with no problem but on ninjatrader do not show anything,or maybe i missing something. I apologies but im not very good with programing.
Thanks |
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You have connect to NinjaTrader to External Data Feed (in File menu)
Then create a new chart (also in the File menu). There you will be able to connect to your race/horse. Or your market/selection. |
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Thank you Luso now is working.
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People post some of your charts and indicators!
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This chart from a few minutes ago.
Waited for 'Mon Visage' for about 20 minutes, and little or no price movement. Then 3 minutes before the start, classic down/up movement. Able to bet about 10 ticks going down, and about 5 going up. In less than 1 minute. Nice and easy. Just reading the charts. The chart only contains the last few minutes, because before there were no clear opportunities. See the chart here: http://img831.imageshack.us/f/monvisage071020105secon.jpg/ |
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Thanks for posting Luso. You are a true gentleman.
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No problems. Just enjoying myself now. After months of failures, the last few weeks have been PERFECT. No guessing! Little homework! Just watching the indicators, and making the right decisions. [smiley:crazy]
Also considering starting a blog to freely share this knowledge. Not sure if other betfair users would be interested in something like that. |
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Luso,
Do that,this tread has been a great help. Thanks. |
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How many of the people on this thread are the same person?
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You mean how many wonderful people like Luso are really out there?
Generous to a fault, and so, so polite. |
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I think Lori means just how much tinned ham is in this sandwich.
 Still I don't mind, The Toys getting some free publicity out of it. [;)] |
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No 'tinned ham' GeeksToy.
 By the way thanks for your tool - LOVE IT! But if people think I am doing this to sell something, or advertise something, then might as well just enjoy the few charts I posted. I think this is the downfall of the betfair community - no one trusts each other. I guess when you are 'gambling' against everyone else that's the rules of the game. Maybe that's what's needed - an elite community of betfair users that trust each other. If people are interested - I might be willing to invest some time and effort on an online community - but there needs to be some support from serious betfair users and maybe be an 'invitation only' system. Give us your feedback!  |
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Thanks Lori!?!?
 That's the reason betfair profitability remains restricted to such an exclusive club. The ones that are able to accomplish any profit do not share any knowledge and intell. Exploiting the masses is part of the betfair system. For anyone with any queries, please don't hesitate to contact me - send me an email to alliantce (at) gmail (dot) com. As always I willing to help. And Lori - no I don't charge for any email requests, or sell anything in return. Just plain and simple help. There's still people in the world that like to help, and only expect and 'THANK YOU' in return.  |
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Hi Luso, SmarterSig.com are looking for article writers on trading and they pay for your time and effort. Might be worth contacting them.
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I like your pictures luso. Do you use all 6 of those charts to make a decision or is it more a case of watching a main chart and checking for confirmation on one or more other charts when you see something?
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Hi Fred!,
I use mainly 6 main indicators to warn me. And then another 6 secondary indicators to support any decisions. It depends on the market, and how markets are behaving! Luso |
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Wow, 12 indicators, you must see charts in your sleep!
I like bots myself. Do you think you could ever automate your trading? |
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1 chart = 12 indicators. It's not a lot. You mainly look at 3 main ones.
I don't use bots! |