Originally posted by Nags to Riches
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If you want to trade on horse racing before the race takes place ( in the last ten minutes or so before the race takes place ), you must decide for yourself how much, if any, profit you should take.
My honest advice to you in almost all other markets is to take profit whenever it is there. So, if you back Over 2.5 goals, and an early goal is scored, a profit will be there for you to take, so take it. There is nothing to stop you from re-entering the market at a later stage and, hopefully, making a profit again.
Never let a horse race bet go "in-play". The object of trading is to minimise losses as well as making profit. Letting a bet go in-play is just like betting with High Street bookmakers and you risk losing your whole stake.
There is no easy way of making money despite what some muppets on other forums will tell you.
As a beginner, do not lay at high prices until you are fully conversant with trading. My own recommendation is that you do not lay at any price over 1.75 until you are expert. At this time you can go to another forum and give loads of bad advice to beginners from your position of perceived superiority
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