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Bet or trade on Betfair?
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edmondsj
Group 2 Class


Joined: 29 Dec 2006
Posts: 103

PostPosted: Mon May 05, 2008 3:05 pm    Post subject: Bet or trade on Betfair?

I have been betting for about 2 years and have had success trading and 'normal' betting but struggle when i trade one event but then bet on another. I'm either in a traders mindset or a bettors.

I think to continue increasing my bank i need to decide to stick to one form of betting.

The sports i mostly stick to are:
horse racing (no trading)
prem football
Golf
F1 & Moto GP
Snooker

My problem with trading is that most of these sports aren't trader freindly but i seem to manage? Which way should i go!


Last edited by edmondsj on Mon May 05, 2008 3:51 pm; edited 1 time in total
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edmondsj
Group 2 Class


Joined: 29 Dec 2006
Posts: 103

PostPosted: Mon May 05, 2008 5:18 pm    Post subject:

thankf for the reply

i have traded in under/overs on Betfair and would say they are the easiest market to trade
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Betfairalfie
Stallion


Joined: 01 Mar 2005
Posts: 5044

PostPosted: Mon May 05, 2008 7:13 pm    Post subject:

Personally I hate trading football with a passion. Comparing it with say tennis or cricket it has too few price changing moments (goals), and when a goal goes against you can face a wipe-out. I know what you mean about trading the unders first half BUT still very scary.

So for in-play trading it has to be cricket or tennis, perhaps snooker if I am watching it.

Best and safest trading is pre-event horse racing but its not everyone’s cup of tea.

Do agree that trading is better than punting! Who really cares which team/horse wins if, like a bookie, you make a few % profit on all outcomes.
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sjpafc1
Handicapper


Joined: 03 May 2008
Posts: 20

PostPosted: Mon May 05, 2008 7:31 pm    Post subject:

betangel is good software for trading on horses
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thetitan
At Stud


Joined: 25 Apr 2007
Posts: 2965

PostPosted: Tue May 06, 2008 1:00 pm    Post subject:

i echo BFA's sentiments...tennis/cricket both best for in-play trading, and only if you know what you're doing.

football is not for trading in-play, unders/overs seems like a goldmine but in reality, most of the time your exposure is huge for relatively small gains, and you're only one early goal away from disaster.
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