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Hello everyone,
Back to betting/trading after a few years. Interested in trading, particulary in tennis trading as it is to me most comfortable. Other sports just dont click to me although a love football. Thanks all of the community here to help all newbies out there to make their first steps safer. :Brilliant
Hoping that in future i will be able to help someone with my experience.
Best of luck to all
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Today was my first day with the TGT, and I immediately purchased the lifetime subscription, it's definitely a value deal.
I spent two weeks reading this forum, the information is priceless, and I see the light at the end of the tunnel, although I need at least 2 more weeks to read just the important stuff.
I never gambled, I'm an arber by nature, I don't care about any sport or any outcome of any event as long as there is profit to be made, I'm as sharp as it gets. Imho as long as you have a basic understanding of any sport you can trade it, it might be even better to work "mechanically" rather than "emotionally". Looking for a nice Excel that helps me keep track of my trades, working on it now, I love maths, graphs, statistics, although I tend to believe having common sense and/or an understanding of market behavior/odds movements can bring you very far.
I hope I can become a valuable member of this forum and help others too.
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Hi TM
Good luck on your journey! Just wanted to say in addition to the manual you can find some clips about setting up the toy on my youtube channel may save you some time reading through!
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Hello Everybody
My name is Tiago and I live in Lisbon,Portugal. I am currently working as an IT Consultant. I have a big passion for new technologies and after a few experiments I seem to have found a passion for trading as well.
My other hobbies include airsoft, travelling and enjoying nice wine.
A few minutes ago I invested in a license of Geeks Toy. I had tried it out a long time ago when it was still free but since I did not have too much free time on my hands I never started thinking about trading more seriously.
Now my next goal is to go through the manual, as painful and time consuming it may be im sure it will be worth it specially when it comes to preventing stupid mistakes
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Hi all
Just a quick introduction to myself!
The names Nathan as you can see.. I have been involved with Betfair for a few years now mainly for purely gambling purposes as opposed to trading. One thing I have always done with my bets is gain an advantage and then lay at lower odds in order to ensure I either get my stake back or I win money. Of course this isn't too far away from trading, in my view I was just protecting myself from any losses whenever I had the chance.
Now I have decided to move in to trading and after trying a couple of different Betfair Trading Software's I found AGT to be the one for me and have mainly been trading football, as that is where my knowledge lies. My favourite market is in the Total Goals and so far I have a fantastic strike rate.
My hope is to one day become proficient in pre-race trading on the horses. I have done some so far, but mainly to get used to reading the graphs and finding trends etc.
Anyway I don't want to go on writing an essay so I will look forward to making contributions to the forum as my knowledge develops!
Thanks
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Originally posted by custard View PostMy profit would have been the lesser figure. I am not seeking to delude other people and, sure as hell, I cannot "pull the wool over my own eyes", so common sense dictates it is the lower figure.
Thanks pal
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My profit would have been the lesser figure. I am not seeking to delude other people and, sure as hell, I cannot "pull the wool over my own eyes", so common sense dictates it is the lower figure.
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Originally posted by custard View PostIt's up to you, you can express your percentage profit as you wish. Such videos are nearly always made with the intention of selling something and the larger figure seems to be making the strategy more desirable than it really is.
Laying the draw is not a reliable way of making money, if it was "the world and his dog" would be doing it. It's very far from being an "awesome tutorial" I'm afraid.
Observe the markets as much as you can without betting. Only when you fully understand them can you hope to make any money. Above all, do not pay for any advice. There are many "cockroaches" out there. They fail to make money themselves and look for mugs to sell stuff to.
I meant "awesome tutorial" in the sense that the guy explained it very well, not in reference to the sytem. Surely you have a percentage profit as in any business thats not up to you. In this video, his total outlay was £55 and his profit £7.60 so his actual percentage profit is 13% yes? I just don't get why he says 30% in the video, I think if your making 30% on a match laying the draw would be a reliable way of making money but if your only making 13% then it wouldn't.
If i may ask, what would you consider your profit % to be if you'd done the trade as in the video?
Thanks
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It's up to you, you can express your percentage profit as you wish. Such videos are nearly always made with the intention of selling something and the larger figure seems to be making the strategy more desirable than it really is.
Laying the draw is not a reliable way of making money, if it was "the world and his dog" would be doing it. It's very far from being an "awesome tutorial" I'm afraid.
Observe the markets as much as you can without betting. Only when you fully understand them can you hope to make any money. Above all, do not pay for any advice. There are many "cockroaches" out there. They fail to make money themselves and look for mugs to sell stuff to.
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Hi all, Graduate in finance here looking to become a self employed trader
Hello everyone, what a great forum you've got here. I have recently graduated from a finance based degree at university and unsuprisingly can't find a job. I've known about Betfair trading for years but have never done more than dip my toes in really. I decided that while I look for a job i'm going to practice this on a larger scale, I have some money saved up so hopefully can get going with a good starting bank. However for the beginning, does anybody know a platform where I can practice it with "fun money" i.e. demo play?
Also I had a quick query regarding a video I watched last night based on the lay the draw system; here is the link-http://www.youtube.com/watch?v=Ko8sYP8igDQ
This is a great basic tutorial however I can't understand one bit...see if you can answer me this;
In a football match where the odds on a draw are 3.2 you lay the draw with £25 (£55 liability) then when one team scores the draw odds go up to 4.6 so you exit the trade with £17.40 leaving you a £7.60 profit regardless of the outcome. Would my percentage profit be 30% (£7.60 of £25 [backers stake on the lay]) or 13% (7.60 of £55 [my initial liability] )because the tutorial is claiming 30% but i think its 13%.
Any insight into why i'm wrong would be great
Thanks!
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Hi there,
my name is John, I am new to this forum (registered over a year ago but never used it), I am a full time trader, mostly on horse racing, but also football. I absolutely love it, and yeah, money is on my side lol
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