AlanDB Posted December 20, 2006 Share Posted December 20, 2006 Firstly, not sure if this is the best place for this thread, so apologies if I got it wrong. Looking for your opinions regarding staking I should be using for football trading. Trying to get my head around whether I should use the same stake or same liability whether my back or lay bet is first. For example, if I use a fixed stake of say £50, then my liability is obviously greater if I place the lay bet first (so long as odds are above evens). If I use a fixed liability of say 5% of bank then my liability is always the same but my potential profit would be smaller if I place the lay bet first. Confused :unsure What are your thoughts? Quote Link to comment Share on other sites More sharing options...
georgej Posted December 20, 2006 Share Posted December 20, 2006 Re: Staking plan for trading If you are trading, what focus are you concentrating on to trade out? Is it a fixed profit you are looking for or something else? If it's fixed profit, there should be a way to calculate the % of bank that you want to risk and the % increase/decrease in the odds for your fixed profit. Same for a fixed liability, but formulas for this may be a bit too inflexible if it's not strict rules you are looking at. Quote Link to comment Share on other sites More sharing options...
AlanDB Posted December 20, 2006 Author Share Posted December 20, 2006 Re: Staking plan for trading If you are trading, what focus are you concentrating on to trade out? Is it a fixed profit you are looking for or something else? If it's fixed profit, there should be a way to calculate the % of bank that you want to risk and the % increase/decrease in the odds for your fixed profit. Same for a fixed liability, but formulas for this may be a bit too inflexible if it's not strict rules you are looking at. Hi georgej. Thanks for your reply. The point I trade out at is when a goal is scored to secure a profit for a winning trade. If it goes against me I usually trade out if the wrong team scores first or at a fixed point during the match (say 25 mins) to spread the loss over all 3 results. Quote Link to comment Share on other sites More sharing options...
davidc Posted December 20, 2006 Share Posted December 20, 2006 Re: Staking plan for trading I would say that if you back first then use a fixed stake and if you lay first then use a fixed liability which is the same as your back stake would be. A free back/lay calculator is available at: http://eskei.com/betting/ Quote Link to comment Share on other sites More sharing options...
AlanDB Posted December 20, 2006 Author Share Posted December 20, 2006 Re: Staking plan for trading I would say that if you back first then use a fixed stake and if you lay first then use a fixed liability which is the same as your back stake would be. A free back/lay calculator is available at: http://eskei.com/betting/ Sometimes I lay first, sometimes I back first - depends on the trade :lol Quote Link to comment Share on other sites More sharing options...
AlanDB Posted December 20, 2006 Author Share Posted December 20, 2006 Re: Staking plan for trading I would say that if you back first then use a fixed stake and if you lay first then use a fixed liability which is the same as your back stake would be. A free back/lay calculator is available at: http://eskei.com/betting/ Think I misunderstood originally... what you are saying is make my lay liability the same as my back bet would be? Sometimes I make the easiest things complicated :lol Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.