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Box3r

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Posts posted by Box3r

  1. Re: Betfair Trading

    Hi Guys, I am new here and would like to thank all the posters for the very useful information in this thread. I have a quick question you might be able to address: what is the order of magnitude of money that somebody can make by trading horse racing in Betfair? Is there anybody making millions per year? I would appreciate any link to any article, post, blog that refers to this. Cheers
    I presume you have just started trading cause your 1st post is how much others are earning. I don't think anyone can make millions per year cause even for 5% of that money (50 000) you need a lot of patience and ups & downs. 1 advice. Don't bother to look at others. If you want to make money from trading take baby steps to it. Remember patience is a virtue. @ KThom - your strategy seems good but look at other markets as well. You can earn few ticks with backing AU and lay it in 4-5 minutes in-play. ;)
  2. Re: Dutching score system

    I have made a spreadsheet that i think works. If anyone wants it - let me know. I have also added an extra element to this system: I have added a +3.5 goals bet too. Now, (i think if my calculations are correct) from what i can see if you manage to get the right odds it is impossible to lose money whatever the score/result is. It works in the same principal as the OP dutching system, however if the score happens to be 3-1, 4-0, 9-1 etc... the +3.5 goals covers you. It also means that if the match should finish 2-2, 3-3 etc you 'win' the lay bet and also the +3.5 goals bet. I think that my calculations are correct so i would like anyone who knows alot more about this than me to go through the spreadsheet and make sure all of the formulas work and that it is actually telling me the truth!! In the spreadsheet - you only have to change the odds and the stake and the rest will work out itself. The figures in the spreadsheet i taken from betfair today for the Barcelona vs Xerez match: Lay Barcelona: 1.13 1-0: 12 2-0: 7.2 2-1: 13.5 +3.5 Goals: 1.97 Feel free to comment or get in touch with me if you want the spreadsheet so you can check it out. Matt
    And what if 3-0 score comes in? So with your system it is basical like laying 3-0 score.
  3. Re: Dutching score system

    Ok good I'm getting my head round it and can now work it out using the calculator and get to the same figures as I should do, however applying the system to tonights game between Athletico and Liverpool in which I cannot see Athletico scoring 3 or more goals their lay odds are 2.54 So does that mean I do 2.54 divided by 0.54 then? Sorry just the number not being 1.something is confusing me!
    the system is based on odds where their range is to lay a team 1.3 - 1.8
  4. Re: Betfair Trading

    Simple SAFE rule for Beginners -- Try the FREE BET system -- Back any decent Horse for say 2 GBP and then LAY it at a LOWER price than you backed it for. This will give you a FREE BET since if you win you win the backed horse, whereas if you lose you lose NOTHING .
    That is scalping and it is very good for all not only beginners. You can do it few times before the race and can be profitable if you are patient enough. I consider it as a glass that needs to be filled with water but it is dripping drop by drop. I sometimes do it. Not very much but when I want to make at least 10 euros to back some horse or a team so i can have free bet on it. In 1 thick want to make at least 2-3 euro. It can be done with more money but like fronment said patience is a virtue.
  5. Re: Betfair Trading

    Hi, Bradders; despite being the best betting forum I have ever found, Punters Lounge suffers from relatively poor trading content, only here and there thread pop ups with some stuff usefull for us traders; so, if you want to read trading content on this forum, maybe you want to put some efforts to inspire traders to write more than it's now... ;) I don't know if you just want to move on trading discussion here, or you are just about to start trading, so you need to learn, but I wouldn't agree with above recommendation of Adam Heathcote blog, as it seem to me just like an aggressive advertismenet for expensive Bet Angel trading application... and their, also expensive, trading courses. No offence, Box3r, it's my opinion. In my opinion, you should look no further than The Geeks Toy, which is free of charge but does not lack any function of pro applications, and they have very rich forum, exclusively for trading, and you can learn a lot from there, or Gruss Betting Assistant, which has a reasonable price of 6 GBP a month; blog I reccommend when it comes to trading is green-all-over.blogspot.com, and then look for other blogs he links to, some of them are equally good (yes, Adam is in links, too). Ok, so maybe to start some discussion, I will copy-paste in next two posts two readings that I enjoyed the most; first one is thanks to, if I remember well his sound name, Sparky Marky from Betfair forums, who posted it long time ago, I don't know if he is the original author, and it's nicely described "evolution" of a trader; the second one is story I found at the very beginning of my trading adventure, and it indeed had a big impact to my patience in trading; I don't know who is author, I just copied it and saved in my PC.
    Non taken. I know there is more content but I was reading that blog some time ago. I found some useful info there although he don't want to share 30% of what is he doing. I too want to find out more about trading. Can I ask is forex e-books worth any reading on how to recognize steamer or a drifter (I know many of these are scams)? Any other financial e-book maybe?
  6. Re: Dutching score system

    Thats a great idea! I was thinking along those lines before but haven't put any stats together for it other than mean +/- standard deviation which doesn't give us much to work with. I'm gonna work on my data and try come up with 4 odds bands, with strike rates for each band. Then we might be able to come up with a staking system which will maximise profits/ minimise losses. An extension of this would be that we can be more selective about our loss recovery system. Place the loss recovery stakes on the odds band with the best strike rate etc. Thanks for the ideas Box3r! Hopefully if we keep knockin heads together we might come up with a more functional system. How is the laying going for you? I'll email you over my calculation spreadsheet if you want...
    No problem. I also love to try out new systems and ideas. Maybe if you can work this one out then you might not even be in the need to a loss recovery plan. As for the spreadsheet on to an email I learned that it is better to post in on the forum so everyone can see it. But if you aren't able to post it here then we can work something out.
  7. Re: Dutching score system

    Loss recovery system is a basic martingale approach with a factor of 2 (divided up on next weeks games). Again it seemed to work well backtesting but maybe there is a better way???
    Can you tell me more about this? We all know that martingale is bad cause it is at least for me a catch 22 (it can only lead to a bigger problems or loss) :) I know for money management plan where you spread your loss between few bets. (It is from a staking machine program). Do you use something like that or?
  8. Re: Dutching score system Did you look other ranges of odds? I mean there could be better teams to bet on. Example today there is a match between Linfield vs. Bohemians (I know that is not your leagues.. you making a example). Odds are 2.64 to lay Linfield. That could be a tight match and better to score on your system (maybe)

  9. Re: Dutching score system it seems pretty good. you seem to scored every game today. I want to ask you are Real & Barcelona the worst to score? They score over 3 goals sometimes. I can ask the same for the big four from england and how are you calculating the stakes?? I know there is a calculator but it seems i can't find it. lol

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