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Flash1966
26 Oct 12 12:41
Joined:
Date Joined: 17 Mar 12
| Topic/replies: 2,434 | Blogger: Flash1966's blog
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.
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Report Mosely October 26, 2012 12:43 PM BST
No such thing as guaranteed profits.
Report 666_v October 26, 2012 12:43 PM BST
There are no '(guaranteed) profits'.
Report 666_v October 26, 2012 12:58 PM BST
The answer lies within yourself Flash. Study, watch and do as little gambling as possible.
Report JLivermore October 26, 2012 1:25 PM BST
small bank => small stakes

a useful tip would be to get on the right side of Betfair payout and commission nearest-penny-rounding
Report kenilworth October 26, 2012 1:35 PM BST
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
Report CrowsEye October 26, 2012 1:50 PM BST
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.
Report Flash1966 October 26, 2012 6:05 PM BST
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.
Report sweetchildofmine October 26, 2012 6:16 PM BST
you will learn  a lot more by repeatedly losing initially than you will by winning imo
Report TheVis October 26, 2012 6:43 PM BST
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
Report thecookiemonster October 26, 2012 8:39 PM BST
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.
Report Mr Magoo October 26, 2012 9:33 PM BST
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?
Report JLivermore October 26, 2012 10:51 PM BST
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
Report Mr Magoo October 26, 2012 11:32 PM BST
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?
Report Trevh October 27, 2012 2:03 AM BST
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 :)
Report Srichaphan or Ancic? October 27, 2012 11:39 AM BST
Sometimes these days it is 2 pence!
Report Mr Magoo October 27, 2012 1:09 PM BST
Betfair's corporate christmas party will be well-funded this year...
Report MrHunt October 27, 2012 8:58 PM BST
spend the £20 on condoms and lube and sell your poopenshaften for £5 6 times a nite...sorted Cool
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