Results 1 to 10 of 10

Thread: In Play Footy

  1. #1
    Forum Addict Drifter's Avatar
    Join Date
    Dec 2009
    Posts
    434
    Thanks: 335
    Thanked 359 Times in 287 Posts

    Default In Play Footy

    if anyone is suffering from insomnia here is a video of some inplay football trading from tonights Liverpool game. It is during the last 10 mins of extra time. Basically I am am trying to make a tick or so with each trade. My opening trade is always a lay therefore limiting my downside if Reading score again but a big upside if Liverpool score. The difficulty with this is that Readings price contracts the longer the game goes on but as you can see the price does jump up and down a lot.

    Last edited by The Geek; 14th January 2010 at 06:59 AM.

  2. The Following 18 Users Say Thank You to Drifter For This Useful Post:
    Bettingman (3rd January 2011), BruceLee1973 (14th January 2010), chuck536 (22nd October 2011), daave (20th May 2012), devomark2 (7th September 2010), J.S. (13th January 2010), jibiko (13th January 2010), kawasaki (25th February 2011), Krzysztof (14th January 2010), mickyd (19th March 2011), pez (14th January 2010), Pringle (26th February 2011), punkrock (8th January 2012), rockaren (13th January 2010), sammike48 (14th January 2010), thebarron (21st October 2011), valve (20th May 2012), YoungTrader (13th January 2010)
  3. #2
    Member
    Join Date
    Feb 2011
    Posts
    48
    Thanks: 27
    Thanked 4 Times in 3 Posts

    Default

    Forgive me, noob question. Have I got this right? Are you laying lower than the current price offered, expecting that the price will drop to your lay price then jump up again to a higher price that you will now back?

  4. #3
    Member
    Join Date
    Feb 2011
    Posts
    48
    Thanks: 27
    Thanked 4 Times in 3 Posts

    Default

    Ok so I understand the ladder a bit more now and it appears that this is what you are doing? A couple of times you had a lay in for a few minutes then removed it unmatched and took a lower amount. Were these moments that Reading where in attack?

    Just after the 7 minute mark the price drops from 1.12 to 1.10 were you have a lay waiting. It is taken then you appear to back at 1.10. Is this a scratch? If so what were your reasons behind it?

    Thanks

  5. #4
    Member Pringle's Avatar
    Join Date
    Oct 2009
    Posts
    87
    Thanks: 110
    Thanked 18 Times in 14 Posts

    Default

    What you´re doing is laying a certain amount 5 to 10 ticks under the current lay price and hope for a sharp sudden drop and with a tick offset of 5 to 10, right?

    Trying to take advantage of the fact that price goes down but not in a straight line.

  6. #5
    Forum Addict Drifter's Avatar
    Join Date
    Dec 2009
    Posts
    434
    Thanks: 335
    Thanked 359 Times in 287 Posts

    Default

    Hi

    You are both right. My basic strategy is to lay a few ticks under the current price hoping to get matched then my back bet usually goes in at a higher price. Sometimes I might scratch or take a loss if I feel the price isn't going to come back to my back bet.

    I will remove a bet if i no longer think it is good value. Just because a price was good value 2 mins ago does not mean it is good value later in the game.

    The main feature is a small downside if the winning team score again but a big upside if the team trailing score. This will also work if the game is a draw going into the last few minutes only if either team score and you have a lay bet in the market then you will have a nice green.

  7. The Following 3 Users Say Thank You to Drifter For This Useful Post:
    CPC (27th February 2011), kawasaki (28th February 2011), Pringle (28th February 2011)
  8. #6
    Novice
    Join Date
    Sep 2011
    Posts
    18
    Thanks: 1
    Thanked 2 Times in 1 Post

    Thumbs up Great Video.

    Hi Drifter,
    Yep, many thanks for the video, I have tried looking for videos using The Geek, but it seems every one wants to trade either on horses, dogs, tennis, cricket, but not on FOOTBALL, you see Drifter i'm a newbie at this trading game so i have a lot of training to do, and when i see a video like yours ...well it blows my brain, because i only wished i had the same knowledge, but if you can do it, then so can i.

    Have you any short cuts that i can use to get me going?.

  9. #7
    Forum Guru shadowninja's Avatar
    Join Date
    Aug 2010
    Location
    London, England
    Posts
    2,189
    Thanks: 1,097
    Thanked 1,316 Times in 717 Posts

    Default

    99% of my profit is made from trading football so it can be done!

  10. The Following User Says Thank You to shadowninja For This Useful Post:
    valve (20th May 2012)
  11. #8
    Director of Automated Solutions 1/4 of a millionaire fund's Avatar
    Join Date
    Oct 2009
    Posts
    1,041
    Thanks: 118
    Thanked 898 Times in 451 Posts

    Default

    Scalping for 1 tick against the direction of the market in the last few minutes when things pick up pace wouldn't be a strategy for the faint hearted imo.

  12. #9
    Forum Guru chuck536's Avatar
    Join Date
    May 2010
    Posts
    1,092
    Thanks: 624
    Thanked 711 Times in 379 Posts

    Default

    thanks drifter, its nice to see a footie trading video.... im dabbling at the moment although have a small edge, with the live pics its alot easier although horses are my main money maker. Nice to share but i agree with MF on this... i wouldnt do it like that... is it working out long term? interesting
    Edges are ten-a-penny, execution is everything

    Pre race horse trading full time blog!

  13. #10
    Forum Addict valve's Avatar
    Join Date
    Oct 2011
    Posts
    294
    Thanks: 946
    Thanked 116 Times in 80 Posts

    Default

    Hi,

    1. thanks for great video
    2. but what if Reading scores again? You have no chance to back lower value as the match almost finishes. Also for me its too psychologically difficult strategy.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Talented Mavericks Limited
26 Buttercup Close
Corby
Northants
England
NN18 8LB

UK Company # 04872848
UK VAT # 887366268

Facebook TwitterYouTube



Betfair    Betdaq    VISA  Mastercard  American Express  Dinners Club  Discover  PayPal  Skrill