Announcement

Collapse
No announcement yet.

Soccer Trading

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Soccer Trading

    Hi, another newb here, asking for some advice on a few things.

    At current I do in play betting in soccer only. I mix between LTD and U/O markets only.

    I started with pretend $£ but have since opened an account and deposited £200 which is an amount I am comfortable to loose if all goes wrong ( well not that comfortable ) however I am happy to say that 'so far so good'.

    Reason I am here then I hear you ask, is that I feel I could be doing better, and I was wondering if any of you could help me decide what if anything I am doing wrong. (im prepared to have my but spanked dont worry).

    So here goes, I have been keeping an xls doc with my history and will paste the details below with notes on each game.

    I want to know why, if in an LTD for example, I lay at 4 for £20 leaving a liability of £60, yet only end up winning as little as £1 for my efforts.

    I have been doing a mixture of Cashing Out techniques to achieve a green, so its hard to really explain what I mean. I do have strategy, get in and out points, which I still break far too often still, but am I too cautions? i Just cant help but feel im doing something wrong or perhaps, could do more...

    Getafe Mallorca lay3.95 @20 Liab59 back6.55 @10.5 profit12.78
    Didn’t know teams well, Mallorca was fav but away. However they had man sent off after 10mins so odds were all over place. End score 2-1 Getafe but had to stay in play longer than I hoped

    Spartak Moscow Celtic no notes profit7.64
    standard LTD

    Nordsj Chelsea lay4.5 @20 lia70 back8.2 @10.98 profit8.57
    Greened out just after half time, chelsea scored after 20mins but Nordsj look a threat. Chelsea went on to win 4-0 but scored 3 goals after 80mins.

    Panathinaikos Tottenham lay3.45 @20 lia49 back6.2 @9.43 profit8.96
    At half time 'Cash out' was offering just under £9, win was just £10.52. Experiment to see how high CO would go. 5 mins in to 2nd half greend. Pana scored in the end so good decision.

    Hapoel Kiryat Lyon lay2.06 @5 lia5.3 na CASHED OUT loss3.66
    Went in late at 3-3 60mins. Low liability and 6 goals gave it a punt. No more goals so CO at 88mins. Lyon scored on 94mins lasct kick of the game. Painful but right decision. Glad first loss was a low one… Learnt to stick to the plan…

    Liverpool Udinese lay3.95 @20 lia59 back6.4 @10.93 profit7.28
    CO at 40mins. Nervy of liverpool, udi had few breaks.

    West Ham Utd Arsenal lay3.9 @20 lia58 na Backed 1-1 loss1
    What a lesson. Went in to this game having missed my best 2 options for the Saturday, (chelsea and man city games) so was anxious to get a game in but wasn’t as confident as I should have been. Layed Draw as usual, dogs scored, arsenal got 1 back just before half time. At 72mins decided to back 1-1 to green out, 2 mins later, arsenal scored, and then a few ins later they got another. I managed to cut my losses and actually trade out for no profit or loss. Good lesson, I followed my head. The -1 was comission on winnings. obviously had i stayed in ib be in big green but heres to the game...

    Southampton Fulham lay3.6 @20 lia52 back4.2 @14.17 profit2.71
    Always going to be a goal in this game but the problem was that it came in the 4th min, and odds to back never got past 4.2 so Cashed Out for a small profit.

    Liverpool Stoke City lay2.3 @10 lia13 na CASHED OUT loss9.09
    Had to go out with family, ended up coming home and game was at 65mins 0-0. Hadnt been watching game. Basically Liverpool were so bad even at home (but shud have easily put this to bed on paper), if I had been watching I wouldn’t have gone anywhere near the game, but as I went out and had missed both my winners (who i didnt magange to play) i wanted to play. GREENED OUT for a loss at 89mins. Another lesson learnt. Just listen to your intuituon! Game ended 0-0 so did cut my losses which would have been double.

    Bilbao Osasuna lay4 @20 lia60 back5.6 @13.66 profit6.02
    Went in at start, didn’t know a lot about the teams other than Bilbao are over due a good game and Osasuna away are not performing that well. Goal after 11mins so cashed in. No greed simply what I should be doing every time.

    Barcelona Real Madrid lay4.1 @20 lia62 back4.7 CASHED OUT profit2.55
    Barcelona went 2-1up at 61mins and even then the odds only moved to 4.7 so decided to just take the little profit on offer as game was unpredictable. Should Madrid not have scored first things may have been diferent at the first goal. Note, shortly after i CO Real scored agani to level at 2-2

    Tottenham Chelsea lay3.35 @20 back4.2 profit3.85
    Standard LTD.

    Swansea Wigan lay3.3 @20 back5.2 profit4.75
    Had to wait till after half time which is always a little longer than I like. Swansea scored 2 quickly in 60th and odds were moving a lot so my CO wasn’t matched and by the time I tried again Wigan pulled one back. Would have had more profit if that didnt happen but still happy.

    West Brom Man City lay4 @20 lia60 CASHED OUT profit1
    City had a man sent off early in 1st which was not good then Wigan got the 1st goal early in the 2nd so was lucky to get the quid with a CO, however Man City went on to win 2-1 they scored the second late and I was lucky as mentioned early to get what I did. However it was just part of the plan from the beginning. am i learning?

    Norwich Arsenal lay5.1 @20 lia82 back5 loss0.8
    Layed at 5.1 which is a lesson that it was too high and liability was 82quid which is far too much for a 20quid bet. Anyway, Norwich scored first and odds dropped to 3ish so was in red, I had to wait all the way to the 80th to get back to just under evens (evens did pop up but CO didnt get matched) however Norwich went on to win and I actually could have made a profit if I had let it play a little longer if not to the end. Not too unhappy as i actually wasnt watching the live game, if i was i could have made that call.


    Im doing this all via the betfair website. How much would software help. The Swansea Wigan game is an example where perhaps it would. But at the same time im doing it more for fun and beer money than anything else, and is a monthly subscription worth it at this point in my 'career' lol

    I doubt anyone has time to read all that but any advice from fellow soccer traders would be grateful.

    I dont always know how much to back, and i know there are calculators that will do it for me. Ive seen that page with thousands but whats the best?

    so many things i cant remember now so ill probably add but feel free to comment...

  • #2
    oh and how do you cope with family commitments? i work in the week and want to do this on the weekend which obviously dont go down very well with a wife and kid

    Comment


    • #3
      so i do seem to be on the right track, or am I lucky. I think the main thing with LTD is picking the right match.

      my games from this weekend:

      Tottenham Chelsea lay3.35 @20 back4.2 +3.85
      Swansea Wigan lay3.3 @20 back5.2 +4.75
      West Brom Man City lay4 @20 lia60 CASHED OUT +1
      Norwich Arsenal lay5.1 @20 lia82 back5 -0.8

      also made notes but wont bore you anymore.

      is this in the right section? 113 views no replies...

      Comment


      • #4
        Ill squeeze my questions in to one post:

        At current I loose 1 in 4. Is this too much? Im in profit of about £50 from 1st - 20th Oct.

        My average profit is: £6.01. Is this ok for lays of £20 with liability around £60. seems low to me.

        If the dog scored first in the first half, I normally keep in play till either the fav scores again, or if nothing has come till 80mins then Green Up. If the fav scores between 70-80mins normally cash out for small loss. if fav scores before 60mins will leave to play for a bit longer. Is this logical?

        I have mainly been playing when I can watch live (or with a 2min delay via streams) so I can get a feel for how I think the game will play out. Is this necessary? I find that watching live make me calmer thats for sure, if I cant see anything and there hasnt been a goal for 50mins i start to get worry a little.

        My main stats for game come from (other than my head) scibet and soccerstats. Are there any others LTD players would suggest I look at? I also use futbol24 for live scores if not watching game.

        What is a good calc for LTD system to minimize losses? and any others plays suggest? at current I use my head and a calculator.

        Can you have that' edge' people talk about in LTD?

        Is LTD still betting, or considered trading because I have a strat and get out points?

        I find that I still get very emotional, as at the end of the day this is potentially loosing money were talking about. Is this normal?

        there is probably more... but ill wait for a reply first

        Comment


        • #5
          Simple answers :

          (i) the software refreshes at a faster rate than the Betfair main site and you have a better chance of getting bets matched when you use it than you do by using that main site,

          (ii) be glad that you are winning, it's better than losing,

          (iii) "lay the draw" can be profitable but is done by "the world and his dog",

          (iv) look at as many markets as you can and learn from what you see,

          (v) Betfair is designed in such a way that not everybody can win, we take other traders' money and Betfair take commission.

          Comment


          • #6
            thanks custard, however vague that was.

            guess im asking things people have asked time and time over and I can find most the answers for myself

            this thread can be deleted...

            Comment

            Working...
            X