General Betting
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So I’m a newbie to betfair exchange I’ve been a few quid away each week(£500 so far) and watching a lot of tutorials the last 3 months, what amount did people have when 1st starting all advice taken on board thanks.
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Hello reppy.
Whatever your betting interests are, I say, hello and welcome. I would suggest, respectfully of course, that there are not many people in here from whom you would be seeking advice. Myself included. And most of those who are worth listen to have very little to say. Can't say that I blame them. Respect and good luck to them. Good luck. |
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That may have been a bit harsh repp, to be fair.
Depends on the kind of advice you are looking for. You can always ask. There ARE people here able and willing to assist. |
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@reppy
This is a serious reply on the basis that your question is serious 1. Choose your sport 2. Choose a market(s) in that sport that you think you can succeed in 3. Make some selections – one event at a time – and your reasoning/strategy for the selection. 4. Pretend stake 1% of your bank on those selections. 5. See how the market prices change in play, and try and work out why, and the interaction between different markets in the same event and the back and lay side. 6. Record every “bet” – market, stake, odds, p&l and what you learned (win or lose) 7. Do this for 30 days and see what you have learned and/or been sucessful 8. Do not buy tips or systems. Post any questions on this thread PS. Most tutorials are selling something, stats are random and systems don’t work in the long run. |
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It's all there reppy.
Good post Rigsby and good on yer. |
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Thanks for that rigsby I’m serious and need to purchase a laptop as only have iPhone and iPad I’ve had a go at everything and so looking forward to having a go at this
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Anyone used any program from FTS Ultimate if so is it any good, thanks
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@reppy
I repeat, “stats are random and systems don’t work in the long run” I cannot over emphasize “stats are random”, but if you insist on using them there are plenty of free historical stats websites online. What sport and market(s) you want to play, do you want to trade or back to win and will you be using sportsbook or the exchange? |
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Football and horse racing using the exchange probably both backing and laying and I’m pleased of the feedback
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What are you looking to do? To make money trading or by winning as an opinion player, taking what you think are positive expectation bets? You need to be very clear in your mind as to your strategy and its parameters in your implementing it to stand a chance.
'A few quid away'...: I'm sorry, but I don't understand whether you won or lost. £500 win a week is £25k tax free a year supposing holidays--this would not be a 'few quid' for almost anyone spending their life on the exchange, unless huge-bankroll syndicates / market-makers. A more important question is how much you thought you were going to make? Variance, either over-winning or over-losing, is the bane of any punter. It can lead to your making bad decisions and playing where you shouldn't. |
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@Reppy
It's a couple of months now since your request for advice to which I responded. How's it going? What have you learned? Any questions? Happy to help |