General Betting
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Hi betfair friends.
A friend of mine in the early 2000s upto recently was a full time trader making a very good living from backing and laying on betfair. He probably still is, but not in touch.
I'm just wondering if its still possible? I knew the basics but never had the balls to go in hard with it. Considering taking a punt with the whole back/lay to make some serious cash as want a change of life.
Is there any good programes/software you guys can recomend to assist?
Secondly, do you guys find that you 'need' to be watching the racing channel whilst trading, or can you do it without watching the channel?
Thank you all.
A friend of mine in the early 2000s upto recently was a full time trader making a very good living from backing and laying on betfair. He probably still is, but not in touch.
I'm just wondering if its still possible? I knew the basics but never had the balls to go in hard with it. Considering taking a punt with the whole back/lay to make some serious cash as want a change of life.
Is there any good programes/software you guys can recomend to assist?
Secondly, do you guys find that you 'need' to be watching the racing channel whilst trading, or can you do it without watching the channel?
Thank you all.
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Premium Charge, falling liquidity and BF diverting all the casual money to their own sportsbook has finished it for me.
This site is a shadow of what it used to be imo. |
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no its sh1t and not worth the hassle,betfair greed ruined the site for me.best to get yourself as many bookmaker accounts as possible and punt at the best price available.i do ok at that
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it cant be done
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if you are experienced and know the markets well already then it is possible to make a living. if you are starting it is quite difficult to learn as most markets now are very tight and efficient. to give an example, the market where i learned most of what i know about betting is super botted now that i doubt i would learn the same from the current environment.
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and you are up against experienced market makers
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yes your learning curve now will probably wipe your bank out. The ones dominating the markets are dominating because they are better than the rest. Be like learning chess by paying Magnus Carlsen for a game. He doesnt say anything or explain anything just beats you. So dont play for money until you think you have good chance of beating him!
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Of course you can make a living, depends what you are doing...look at this fella!
http://caanberry.com/?page_id=18 |
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It is possible to make a living. But it's not glamorous, it's lonely, it can be very stressful and there's no guarantee.
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Play small and develop an edge, no point going full time without one.
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Perfectly possible.
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Of course you can make a living, depends what you are doing...look at this fella!
http://caanberry.com/?page_id=18 That's me by the way, of course it's possible and you'd be a fool to think you have to be a rocket scientist to do it. However as some have already said their is risk attatched... might not all happen straight away. But then again it wouldnt be impossible to the right person... |
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Well you do a splendid job there Caan, and why anyone would put it down making a living the way you do I have no idea, I do a crappy job 10 hrs a day, dont like most of the people I work with....I would love to be able to hit your heights! and lonely? you find the right balance, as you see from caan's blog he isnt sat there 20 hours a day, I would play golf and tennis in the morning (added bonus of quiet in the weekdays) and fit the trading in, + with profits like that nice holidays would follow etc...
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Op pops up with his 1st and only post in over 10 years of being on here, then within a few hours there's a link to a subscription service which coincidently gets bumped up again in bold italics by the guy that runs the service the very next day!
Sharp minds |
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lol
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?????????????????????????????
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To be honest, the "freedom" can easily be turned into an obsession without a strong discipline. Can you manage that then it´s a very nice life.
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Agreed Swedebank...
Op pops up with his 1st and only post in over 10 years of being on here, then within a few hours there's a link to a subscription service which coincidently gets bumped up again in bold italics by the guy that runs the service the very next day! I found this thread as traffic increased to the site when doridoru posted initially so thought it would be rude not to post... If you think it's im happy for Betfair to verify im genuine. As others have said, its not always a quick transformation to riches but to the original poster it's quite possible most definately. Unsuprisingly those with the negative attitude towards it are the ones that don't get all that far. I genuinely wish everyone success with their betting though. :) Caan |
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Traffic increased to your subscription site, the op makes one post in ten years then disappears. Op aptly names 'traderswinall' Your site is all about trading. Job done? Don't doubt you're genuine but I do doubt you don't know who the op is :)
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In my opinion when Betfair introduced the premium charge and then the super premium charge they never took into account that they were now making the decision to attempt to go full time on here much riskier. Presumably for every person that made it going full time numerous others would have failed. Now liquidity is non existent and Betfair are wondering "what's happened?". People with a vested interest will tell us premium charge payers are 'bad customers' for Betfair and they can do without them. Well that hasn't proven the case looking at the dire state of liquidity. You need people to go full time to generate the liquidity, some will make it some will fail.
To sum up, you'd be mad to go full time on here when they can change the premium charge rules against you at any moment. |
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Ahh Jamesdean, i now see your point. However i genuinely haven't a clue who the OP or doridoru are, its not a subscription.. there is a small guide.
I know what your saying too oceanfinance but then again it depends on what your other options are in comparisson. Each to their own. |
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Ocean good post. We need the new lads to go comm. free for at least a few months on all or selected markets to get the cash/accounts.
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YES HIRE A LARGE TREE AT A RACETRACK NEAR THE WINNING LINE AND TAKE A LAP TOP WITH TELSTAR CONNECTION AND BET IN RUNNING ,
PS DO NOT SIT THERE WHEN THERES THUNDER AND LIGHTENING |
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If you can win on here and make a living, you can probably make the same money more easily doing something else.
Even as a trader, you would likely find a way to make the forex or commodities or options markets work for you in a context where there's no risk of paying pc. And most of the things you could do would be more socially useful than betting. |
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JamesDean I am just a fan of people like Caan, he isnt in it to rip off anyone or sell loads of guides, he loves what he does and I love him for that!
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Yeah like trade for the banks aksari1, help the people of the world out eh? most jobs are 5hit and dont benefit anyone...so dont give me that trading for a living isnt for a good cause crap!
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How much is a living ?
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A decent living is the possibility to afford to drink Lagavulin every night.
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doridoru
JamesDean I am just a fan of people like Caan, he isnt in it to rip off anyone or sell loads of guides, he loves what he does and I love him for that! SurprisedExcited Lol, doesn't he run trading courses with that joker Jack Birkhead and sell an ebook for £40 on his site?  |
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GET A PROPER JOB AND GET ON WITH YOUR LIFE
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THERES ALREADY TOO MANY DAYDREAMERS WHO THINK THEY CAN WIN X FACTOR OR MAKE A LIVEING ON BETFAIR
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surely for a bit of a hobby - making 200 quid a month is ok
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good spot James dean. Subtle spam advertising post.
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If you can win on here and make a living, you can probably make the same money more easily doing something else.
____________ not true - it depends how your brain functions . many people are only good at one thing |
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If your friend made a living on here for last 10 years, he is now paying 60% tax on winnings and has been effectively turfed out of our ecosystem. Maybe making spare pocket money if his spirit is not broken.
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It cannot be done sadly
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