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ocean0201
22 Mar 11 01:36
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Date Joined: 14 Aug 08
| Topic/replies: 8,899 | Blogger: ocean0201's blog
I am thinking of using $porting1ndex for cricket .. anyone used it? any good?
Pause Switch to Standard View $porting1ndex - any one tried them?
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Report Lori March 22, 2011 1:05 AM GMT
Not bad, but the spreads work out to huge %s if you don't use them very selectively - and they're not keen on winners.
Report danniellasmincepies March 22, 2011 6:53 AM GMT
I had an account with them over 12 years ago and no problem
If this is your first venture into spread betting be careful
Report curlywurly March 22, 2011 8:38 AM GMT
the spreads will kill you
lots of fun, but expect to pay heavily for the entertainment
Report luloo March 22, 2011 8:48 AM GMT
Its a very risky game,and if you do know what your doing you will be severley restricted
Report Deadly Earnest March 22, 2011 9:03 AM GMT
Although now well and truly limited with this firm, on the whole over the years I have found them to be very good to deal with.  Even now they take enough off me to keep the ever baying wolves from the Deadly Earnest door.  They have been open, honest, helpful and never engagaed in any sharp practice with me.  I've always found it easy to get along with the staff there, which is a bonus.

If you win they will, after a time, restrict you to phone only.  That's ok, you normally get matched in running in a reasonable time, say after one further ball in cricket.  If you continue to win, thye will restrict your bets in size, if they suspect you are doing something they object to they will just close you down.

I come from a slightly different angle to the other posters here on spread betting.  Spread betting allowed me to get ahead though I don't do as much as I would like to now as it is difficult to get on. 

If there is one piece of advice I would give anyone spread betting it is this:

Learn to stake correctly.  When I started out I placed a few bets according to amounts I hoped to win.  The assessments were bad and I got cleaned out.  Stake accoring to your worst foreseeable result. 

So a team is currently 2-100.  The quote to buy their runs is 350.  You think the worst foreseeable result is 230.  You want to risk £120 max.  So you buy for £1pp.  Every now and then you will get a blowout worse than the worst you have allowed for.  But these will be balanced by the odd win that goes way above the best you hope for. 

You stake like that and spread betting is a lot less volatile than fixed odds betting.  In fact your results should reflect the quality of your assessments a lot more closely than fixed odds ever will.

Good luck, and don't let the other spread firms off the hook either.  [;)]
Report kenilworth March 22, 2011 10:14 AM GMT
My experiences reflect the earlier posts, but there is
one thing I would add. Betting blind sellers will be
better off than buyers, the danger being that selling
are limited by the nature of their bet as opposed to
buying. What I mean is that if you sell, say total goals
in a match at perhaps 2.5, the most you can win is 2.5
times your stake, whereas your losses are open ended.
My experience is that the actual spread usually favours
the seller, the middle price being nearer to the buy than
the sell. The reason for that is also because punters are
mainly optimists preferring to see things happening (goals
being scored) rather than things not happening. Last evening
would have been a good example MK 1-0 over Posh. I would
imagine that would have been a good result for the spreads.
Report Feck N. Eejit March 22, 2011 10:29 AM GMT
Outwith betfair, they allowed me to win the most (by some way) I've ever been allowed to with any bookmaker or spread firm. How I long for those days when I could get a decent wedge on early. I also miss the consolation prizes for 2nd, 3rd and 4th. Cry

What options have I got these days? £2 leap frog with Ferengi Fks. Cry
Report ocean0201 March 23, 2011 2:01 PM GMT
cheers DE, kenilworth and others.. i have opened an account with them they do want a address proof to be sent..... should be open in time for IPL Love

i was not aware that they limit accounts, i guess i will have to keep my bets moderate .. i have experience with financial spread betting so i will be cautious

Feck, who or what are ferengi?
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