General Betting
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up til 6 months ago i was trading,here successfully. mainly over /under 2.5, followed by selective personal so called (naps).
80/90% of the the time, roughly i would green up up(if in a positon to)(if not sometimes,bite the bullet and red out).
6 months ago i lost my discipline and lost half my bank( i was up to around 10k starting from£150 betting up to 3% of bank at a time.
since then i have decided to only bet best price available on oddschecker on my selections,as i have numerous accounts.
this involves not redding out or greening up.
doing well since,
basically, what i'm asking any of you pro's is am i missing out by not trading on here any more, serious replies much appreciated. sb
80/90% of the the time, roughly i would green up up(if in a positon to)(if not sometimes,bite the bullet and red out).
6 months ago i lost my discipline and lost half my bank( i was up to around 10k starting from£150 betting up to 3% of bank at a time.
since then i have decided to only bet best price available on oddschecker on my selections,as i have numerous accounts.
this involves not redding out or greening up.
doing well since,
basically, what i'm asking any of you pro's is am i missing out by not trading on here any more, serious replies much appreciated. sb
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Yes obviously. If you can trade 2.5 and make money, there's nowhere else to go. If you're looking for value straight bets, it will indeed make sense to bet with a variety of bookies, but it all depends on your own circumstances.
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yes your are right, in a way, but i could still trade in running still with online bookmakers.
but where as before i was constantly, refreshing the odds in running(not exaggerating now but my laptop button was fcked due to non stop refreshing) , worried about my exposure.and lowering my green/red, .now it seems i can just leave my original selection, and let it ride.less stress. another point, is best price on the street much worse than bf price? these days after commission? seems to be working, so far, and i find after placing all by bets i'm less likely to chase appreciate your input TI |
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I'm no expert on football betting but a trading app of some description would probably save you a few quid in laptop keyboards?
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http://www.gruss-software.co.uk/page/88/Betfair-Scripts.htm |
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I'm told by an ex-betfair big football punter that there are better prices on the asian markets with lower percentages taking into account bf commission (and that was pre-pc I was told that).
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Are you missing out?
In just betting terms, the answer depends on yr ability to tolerate variance and the likelihood of yr going on tilt if losing a substantial portion of yr bank. From what you say, you are betting around 150 (or a bit more) a pop on football and horses and letting bets run. I'm not sure you need bf if you have a winning hands-off strategy after you have placed yr bets. More generally, the answer to what you shd do depends on the value you can make of yr time now that you are not constantly micro-managing yr positions in IR markets. If you can watch races or games for recreation and have a clear head to do something else lucrative for work, it's a further argument for keeping things simple. Be aware, though, that if you just continually take best prices, yr accounts with bm s will not last long. You will need multiple multiple accounts for the horses w/ every high st and internet firm. |
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Betfair is very rarely best price now when you take commission and pc into account. Especially for shorter prices. Obviously if you are laying off during the game there isn't really much choice.
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oddschecker shows the BF price assuming 5% commission, and once that's factored in it's rarely best price.
on the other hand, it also assumes you take an existing offer rather than put one up higher and get matched, which (together with a lower comm rate) can make a huge difference. add to that the flexibility (you couldn't exactly tick-trade your way to a better price with baldfred) and the fact that they won't shut you down if you have the temerity to win and the case becomes much less clear cut. |
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don't know about horses, don't do them. just pointing out that what BF's price is is a bit more nebulous than bookies' because of the spread.
and certainly no fan of the PC - but that's a subject that's been done to death. |
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Betair is usually the best in the side markets, especially with high odds. If you want to bet on a 3-3 scoreline or on over 5.5 goals or over 6.5 goals, you won't usually get a price anywhere near as good as what is offered on Betfair, even with 5% commission.
Then of course, you can trade on Betfair. Don't really understand racingguru's statement "Playing bookies or BF alone is just plain dumb.", as there are many very big winners who use Betfair for (almost) all their betting. |
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A question for racingguru.
If you bet online, wont the bookies close or limit your account if you only bet with them when they are offering best price ? |
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only if you win :)
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incorrect longbridge, may will close your account whether or not you win
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No serious football punter, as opposed to trader, should be putting a high % of their pre-match bets through betfair.
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(on the main markets that is - match odds, asians)
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If the markets on BF are efficient and don't need/have an overround generally speaking if ONE line on an event is 'bad' odds the other line(s) will surely be 'good' odds, and so forth?
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An account will never ever last more than a season for me so yes its a difficult task having valid accounts.
------------ if what you're saying is you open different accounts in different names and hope they don't make the link, then tbf it's not really fair to throw the PC into the mix because you're not comparing like with like. |
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well , started betting with 5k, and now up to 11k, betting 1-3%,only once have i been restricted on a bet(bl sq allowed only 176 on a 200 bet)about 10 days ago, but not had an account closed....... yet
the bet lost incidentally  |
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as I say, I don't know from horses. they scare me.
more accurately, the owners and the jockeys scare me. |