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stormswift
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Post subject: something to work on Posted: Fri Feb 12, 2010 7:33 pm |
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Joined: Fri Dec 04, 2009 5:22 pm Posts: 20
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A little something that I have been getting returns on for every match I've tried so far. Although that is so far only a few, 13 to date I think. May still need work on it as I'm not sure how an early goal is going to affect it. This will depend on what bet has been matched and what hasn't. I started trying it out on the bigger games, liquidity wise, but today tried 3 of the low liquidity games and still got the same results. So as such I'll throw it in the mix and see what take you all have on it.
I am backing/laying 0-0, 1-0, 0-1 for 'x' stake and then backing over 1.5 goals @ 1.5
1st up the correct scores. I back the scores pre KO either just before or earlier if I think I can get the lay in as well pre KO. I'm looking to back the 3 scores then lay them off 1pt lower i.e back 0-0 @ 11.0 then lay it @ 10.0 for the same stake. This in effect gives you a free bet on that score of your stake. I can pretty much get all the scores layed within a few minutes in-play the occasional scores take a little longer. I figure that the 0-0 is important one here and that so has matched pretty quickly.
The 2nd part is the over 1.5 market. Backing o1.5 for 2/3rds of the stake used on each CS bet @ 1.5.
Once you have all CS's backed n layed and the o1.5 is matched you have a no lose situation giving you 1/3 the CS stake.
I have been trying this out so far using £12 or £15 stakes on the CS to return £4/£5 each game I try it on. So far all have 'won'. Once the 3 lays on the CS have been taken you have no red so cannot lose. The o1.5 market can take a while to reach 1.5 or sometimes is already there. I have had 2 games that didnt match the o1.5 before a goal is scored, these I just re-submitted the back bets and left them as I had no liabillties on the game. These both got taken about a 1/4 through the 2nd half. I have not hit a game yet where a goal is scored No 2nd goal till 66mins so my re-submitted back was matched all 3 again winners.
Any thoughts as to potential problems here ?
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jonah107
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Post subject: Re: something to work on Posted: Sat Feb 13, 2010 12:57 pm |
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Joined: Tue Jan 05, 2010 8:43 pm Posts: 10
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I've had a go today (tiny stakes) on Derby game. Am I right in thinking that you do NOT place the 0/1.5 goal bet until the price reaches 1.5. ? (Obviously sometimes it is there already). Best of luck with it.
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stormswift
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Post subject: Re: something to work on Posted: Sat Feb 13, 2010 2:33 pm |
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Joined: Fri Dec 04, 2009 5:22 pm Posts: 20
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jonah107 wrote: I've had a go today (tiny stakes) on Derby game. Am I right in thinking that you do NOT place the 0/1.5 goal bet until the price reaches 1.5. ? (Obviously sometimes it is there already). Best of luck with it. Personnal preference, I was just looking at the ease of half the stake @ 1.5. i.e £12 on each score £6 on over 1.5. Makes the maths easier. Altho done Newcastle today and managed to get 1.73 on o1.5 so obviously put more slightly less on to get more profit either way.
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stormswift
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Post subject: Re: something to work on Posted: Sat Feb 13, 2010 2:45 pm |
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Joined: Fri Dec 04, 2009 5:22 pm Posts: 20
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I've had a first look at the probs with an early goal especially with low liquidity. Did celtic this morning, 0-0 was matched as was half of the 1-0 which left me £18 red managed to get £8ish back so a £10 hit there.
I've also tried a couple laying off the o1.5 stake after a goal then wiating to see if I can get back on @ 1.5 again. This worked nice the twice I tried it adding nearly £3 to the o1.5 using £12 CS / £8 o1.5.
So far today done Celtic -£10 1st loss pfft Southampton, Newcastle and Bochum all £4 profit
Need to go over n over the nuggets CS vids to help re-coup the loss on the early goal.
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jampers
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Post subject: Re: something to work on Posted: Sat Feb 13, 2010 2:55 pm |
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Joined: Mon Jan 04, 2010 9:53 am Posts: 10
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Hey fellas, I'm liking the idea behind this type of trade I must admit. I'm gonna give it a shot and see if i get the feel for it, if you can find a way to limit the loss if an early goal goes in then you could be onto a winner here i think. Anyway, good luck and i'll report back with my findings (and hopefully a nice profit  Cheers Jampers
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jonah107
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Post subject: Re: something to work on Posted: Sat Feb 13, 2010 11:14 pm |
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Joined: Tue Jan 05, 2010 8:43 pm Posts: 10
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Well I won on my first go. Lay on 0-0 matched very quickly, 0-1 took 15 mins and 1-0 20 mins. I ain't clever enough to work out what would have happened if a goal had gone in before 20 mins. (Adster/Bingo help please.) I was thinking that if there were 2 early goals we would be ok because of the bet on o/1.5 but of course we would not have had the 'free' bet on 1-0 and 0-1 and would have lost on those.
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xtrt
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Post subject: Re: something to work on Posted: Sun Feb 14, 2010 9:32 am |
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Joined: Fri Dec 04, 2009 11:47 pm Posts: 3
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stormswift wrote: I am backing/laying 0-0, 1-0, 0-1 for 'x' stake and then backing over 1.5 goals @ 1.5
Any thoughts as to potential problems here ? Well, yes Backing over 1.5 is the same as laying 0:0/1:0/0:1. Instead of backing o1.5 just hedge all your bets in the CS market, you'll win more / pay less commission. An early goal will wipe out your profits from a good number of successful trades!
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jonah107
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Post subject: Re: something to work on Posted: Sun Feb 14, 2010 11:22 pm |
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Joined: Tue Jan 05, 2010 8:43 pm Posts: 10
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Thanks xtrt. I thought it was too good to be true.
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stormswift
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Post subject: Re: something to work on Posted: Sun Feb 14, 2010 11:36 pm |
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Joined: Fri Dec 04, 2009 5:22 pm Posts: 20
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xtrt wrote: stormswift wrote: I am backing/laying 0-0, 1-0, 0-1 for 'x' stake and then backing over 1.5 goals @ 1.5
Any thoughts as to potential problems here ? Well, yes Backing over 1.5 is the same as laying 0:0/1:0/0:1. Instead of backing o1.5 just hedge all your bets in the CS market, you'll win more / pay less commission. An early goal will wipe out your profits from a good number of successful trades! Perhaps if you read all the post instead of just the odd line here and there you'd see I backed the CS's 1pt lower to get a free bet on that score of the stake. So no I won't win more by hedging all the scores. Commission is only paid on wins I thought, so I'd only pay it on one market anyway. Either the CS wins or the o1.5 does
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xtrt
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Post subject: Re: something to work on Posted: Mon Feb 15, 2010 9:04 am |
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Joined: Fri Dec 04, 2009 11:47 pm Posts: 3
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stormswift wrote: Perhaps if you read all the post instead of just the odd line here and there you'd see I backed the CS's 1pt lower to get a free bet on that score of the stake. So no I won't win more by hedging all the scores. Commission is only paid on wins I thought, so I'd only pay it on one market anyway. Either the CS wins or the o1.5 does I did read the whole post mate, just didn't need to quote all of it. You're right, commission is paid on wins only but in order to hedge bets on two markets you need to place a bigger stake on over 1.5 in your case. Say you backed 0:0/1:0/0:1 with equal stakes of 100 and then layed these scores 1 point lower. You're left with 95 green (assuming 5% commission) on 0:0/1:0/0:1 and 0 on higher scores. In order to secure equal profit on all scores you need to back over 1.5 with 64.40@1.5 and you'll have a profit of 30.59 on all scores. When over 1.5 starts trading at 1.5 the odds for under 1.5 will be 3 so the mean odds for 0:0/1:0/0:1 will be 3 and if you hedge your free bets of 95 at 3 you'll secure a profit of 31.67, 3.5% higher than the 30.59 in the first scenario.
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