In-running

[Guest HagertyF]

Hi, Was going to post this thread on the Betfair forum but it seems to be a bit more easy going and friendlier on here. :) I selected 4,what i thought were good priced draws in the Champions league last night,ranging from 4.2 to 5.9. and backed them. Now i decided beforehand to lay any draw if the price went down to a figure where i could lock in say a 25% profit (don't be greedy and take the money type of thinking) I managed to do this on just the one draw,but the others were lost causes-other than lump on big(ish) sums just to break even. And the draw that I closed early on went on to actually finish a draw. (now that is a pisser :\ ) So I suppose the gist of this long winded message is what strategies do punters who play in-running use to reduce or cut their losses when it all starts to go tits up! I realize i could be asking a lot here so I am just looking for general opinions and not trying to find any specific answer.:D If any PL member does post on Betfair I apolgize but for every knowledgeable,and decent person who uses the chat forum on Betfair you seem to have at least 10 arrogant or pompous gits. Cheers

[Guest OddsAgainst]

Re: In-running You cant get away from value, whether your are betting in running or not. Phrases like "locking in a profit" give some (inexperienced) punters the wrong idea, they think "easy money" it's not. If your bet is a value bet to start with then you can only close if things are going your way. In the long term you may be reducing your profit by doing so. However, if an opportunity presents itself to close at a value price then that should be considered. The bottom line is if you want to play the in-running markets successfully you need to know what the correct prices should be at any given time. Closing bets for the sake of it, just because you can, will lead to reduced profit or losses in the long term.