General Betting
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Hi,
What might be the best road to take whilst starting off with a small bank, £10-£20. Is it the old bet on the 1.01 till the bank is bigger, or is there a better way to make small (guaranteed) profits. Betting the 1.01 makes you .10p per bet...Is that really the best road to take?/
Thanks for any advice.
What might be the best road to take whilst starting off with a small bank, £10-£20. Is it the old bet on the 1.01 till the bank is bigger, or is there a better way to make small (guaranteed) profits. Betting the 1.01 makes you .10p per bet...Is that really the best road to take?/
Thanks for any advice.
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Replies: 17
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No such thing as guaranteed profits.
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There are no '(guaranteed) profits'.
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The answer lies within yourself Flash. Study, watch and do as little gambling as possible.
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small bank => small stakes
a useful tip would be to get on the right side of Betfair payout and commission nearest-penny-rounding |
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How good are you at recognising value ? That will
be the key in your case, a bit of backing and laying in the second half especially, in the same market if possible. Might be fun From £20, concentrating with your back to the wall. GL |
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Based on what you have already said my advice is the inevitably blow that bank and learn what you did wrong. Do lots of reading my friend.
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Just got back in from work, Thanks for all the replies so far, I know there's isn't guaranteed profits, hence I bracketed it. I have been following football for years and normally bet on the over 2.5 goals market..but on william hill. hence not much experience on this site. But as a little starter on this site, I was just wondering the best way to start going about increasing a small deposit.
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you will learn a lot more by repeatedly losing initially than you will by winning imo
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just do what you normally do ie do small bets on the 2.5 goals market and see how you get on for a while
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back a score when a goal goes in and lay it with a small profit after a few mins.. will be very unlucky if you get 2 goals within a few mins of each other. goal scores market price 5.7 2 mins later its 5.4 small but a profits a profit.
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Can you actually get on the right side of Betfair's penny rounding errors? I thought they just randomly add or subtract a penny here or there to even things out?
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well, i never looked that close, but I'd be surprised if it was random. Think it's either rounding up (for comm) or rounding to nearest penny for bets
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I often see spurious figures in my statement, for example I can see I have a losing 1.01 lay for 250 that cost me (2.49) and another seemingly identical lay that cost (2.50)
Perhaps they might be affected by how the bet got matched though? |
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Flash, there are ways to make guaranteed profits but you're not going to be told about that by anyone obviously, so it's a case of studying the markets and learning as much as you can about how the odds and the money moves. With a 20 quid starting bank you can do it, I started with 200 quid. Reading Smithy's thread would be a good place to start I reckon :)
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Sometimes these days it is 2 pence!
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Betfair's corporate christmas party will be well-funded this year...
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spend the £20 on condoms and lube and sell your poopenshaften for £5 6 times a nite...sorted
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