General Betting
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Let's assume you're trading tennis and know the markets really well. In some positions you just can't stop the loss unless you're taking bad bets so let's assume you can't cut your losses, what would be your maximum exposure per market?
How much would you expect to make per day?
I'm asking because I've calculated that if I were to have a 10k bank I would have made on average 21€ per day over the last three months, which seems kind of low, and I'm wondering whether I'm too disciplined or let's say prudent in my staking.
How much would you expect to make per day?
I'm asking because I've calculated that if I were to have a 10k bank I would have made on average 21€ per day over the last three months, which seems kind of low, and I'm wondering whether I'm too disciplined or let's say prudent in my staking.
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So you'd make over 70% profit per year, and you think that is too low, is this a wind up?
From my Horse Laying Stategy , if the results of the initial effort (650 or so races) were sustained long term, i would confidently expect to make £1,200 a month profit.
I don't have a 10K Bank though, and it would have taken me over 18 months to build up to that from where i was
I don't have a 10K Bank though, and it would have taken me over 18 months to build up to that from where i was
No, this this isn't a wind up, yes you'd make 70% per year, you'll end up spending a year of your life on Betfair for 7000€, which I think is not ideal.
I do think my winnings are low in relation to the size of the bank because for a 10k bank I rarely have more than 50-70€ liability on a given market. I think this is a far too prudent approach but as I said I'm making 20€ per day on average and if I risk 300€ let's say and lose it, it would take me ~15 days just to make up for that lost bet.
I think my question is how much would the average betfairian be satisfied with per day from a 10k bank.
I do think my winnings are low in relation to the size of the bank because for a 10k bank I rarely have more than 50-70€ liability on a given market. I think this is a far too prudent approach but as I said I'm making 20€ per day on average and if I risk 300€ let's say and lose it, it would take me ~15 days just to make up for that lost bet.
I think my question is how much would the average betfairian be satisfied with per day from a 10k bank.
Depends on how many bets you make a day and how many you make on the same event(different selections)
I would expect at least 30.00 average per selection so if you backed or laid 50 selections for the day
you should win 1,500.00 per day liquidity being the barrier. To get that your max liability in any event
should be 10% of your float (running bank) an average liability per event for the float should likely be about 5 to 6%.
If you are doing single selection backing in events I would halve those liability figures. Single selection
methods are more expensive commission wise and are more prone to extended losing runs.
I would expect at least 30.00 average per selection so if you backed or laid 50 selections for the day
you should win 1,500.00 per day liquidity being the barrier. To get that your max liability in any event
should be 10% of your float (running bank) an average liability per event for the float should likely be about 5 to 6%.
If you are doing single selection backing in events I would halve those liability figures. Single selection
methods are more expensive commission wise and are more prone to extended losing runs.
I don't know a anyone who can find 50 value bets per day and win them all. That's not how it works in tennis trading. Could you explain what 10% of my "float" means? From what I understand I should stake 5-6% of the 10k for an event and stake 10% of the 500-600€ on every single bet when trading?
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