General Betting
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Hi folks,
I've never really been a trader but have found some extra time on my hands.
What is a sensible percenatge of bank to trade with?
Thanks in advance
I've never really been a trader but have found some extra time on my hands.
What is a sensible percenatge of bank to trade with?
Thanks in advance
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Replies: 14
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if your trading..its perfectly reasonable to stake a big percentage of your bank..you arent actually risking it all
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Unless Betfair suffers a rare outage.
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Or the match is fixed
Or your internet goes down etc |
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dont let trifling issues muddy the waters [;)]
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Thanks but if you trading in-play on football and a goal goes against the trade your screwed so could be left with a severe loss.
Say for instance you've got a 100 point bank and you trade with say 10 points. What do people try and achieve per trade? As I said, I'm clueless to trading :-( |
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What you're describing there is more like straight betting, so you'd bet small.
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yeah gambler thats not trading..trading is as an example backing chelsea pre match at 1.58, when theres a lot of money stacking up to wade into the blues...you then look to lay off asap at 1.56 perhaps..and so on ad finitum
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What JG is describing there is trading. It's just that the nature of football is such that IR trading involves, temporarily, taking rather large positions relative to stake size (because the market can move massively against you instantly) - unlike, say, pre-KO trading.
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Trading inplay is more like gambling for short periods of time, it's playing with fire but obviously can work for some people.
Tip: don't do it on spanish games, they're known to be prone to 'hoovering'. |
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Tip: don't do it on spanish games, they're known to be prone to 'hoovering'
In the past, maybe, but not anymore. I trade the Spanish games with slow pics (Sky) and have no problems with hoovering (unless you mean small market moves around free kicks, etc.) |
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Well I don't do them but just .. couple weeks ago I'm sure there were threads on it on the football forum.
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Thanks for the responses. What do people use for staking plans?
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i bet barca at short odd goal up so i lay off on the phone 10 sec delay basle go up and score 1-1 was the outcome it seems to be a 5 sec delay in running on our own market in the uk
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I would advise determining your edge whilst trading first before you think about any kind of staking strategy. Keep stakes relatively low until you have made sure that you have a strategy that works. Then take it from there.
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