Amazing Betfair Trading "Stop Loss" Strategy [ADVANCED] 😲️⚽️
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- čas přidán 21. 08. 2024
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You are about to learn a really ADVANCED way of trading football on Betfair. This is not something that any pro trader will ever usually share with you for free so enjoy it while it is still online.
This video will show you how to employ a trailing stop loss when trading the goal markets in football. This is the Over/Under 1.5/2.5/3.5 etc markets.
This is a technique often used by those who trade the stock market but it can be applied in such a way to football trading that it can create RISK FREE situations where a football trader can win 100% of their stake.
Pretty crazy stuff, watch the video to see how it is done!
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Disclaimer: This is not financial advice. Past results are not necessarily indicative of future results. The risk of loss in trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition. The content in this video is for entertainment purposes only.
Hope you guys enjoyed the video. Here is the link for the free PDF download: sportstradinglife.com/goal-trader-system
And here is the waiting list link for Ultimate Football Trading: ultimatefootballtrading.com/apply-now
Thanx Ben. Nice Video. How do You select the matches odd wise or is it any match? Cheers!
Sincerely, I love how you have never been afraid of showing your controlled losses, rather than the rosy fiction of some "traders" - great stuff. :)
Great free content as ever Ben. For anyone wondering if you should join the waiting list for the paid course, the answer is yes. The best trading content online from a guy who really wants you to do well and explains it brilliantly. And no, I don't work for them, just a satisfied customer.
Thanks for the support Ben :-D
Gona be steaming by time I finish all these videos! Cold beers 🍺
One thing to be aware of if you are entering such a trade, is that you do really need the first goal to come relatively early in the proceedings, or else the price won't jump enough to put the strategy into action. Example, you lay under 1.5 goals at odds of 1.6 early 2nd half (0-0), and there are no goals at all until just before your 1.1 stop loss exit point. If for example the goal comes in the 83rd minute the price is only going to bounce back up to about say 1.4, so you could still make a small loss even if that goal comes. Don't want to be negative, but worth bearing in mind, and I guess it comes back to careful match selection again.
You can avoid this by watching the market for the following goal (2.5 for 1.5 etc.) and getting out before the back odds come down to your entry odds.
Good advice, Thanks :)
Makes a lot of sense - been trying this out this afternoon and all 3 games won the full amount - obviously won't last :D
As always match selection is vital - Minimum 4 shots on target at HT and no red cards
Sounds amazing Dave, you would need a pretty bad run to lose that profit now!
@@SportsTradingLife 50% strike rate for the full amount after 14 bets - happy with that :)
@@UnknownUser988 12 bets - 4 full winners, 3 traded out for a 30% loss and 5 scratch trades - 0-0 at HT, odds under 1.7, 4+ shots on target and 50+ dangerous attacks (on B365 site)
Thank you for all the amazing videos.. missed them while u were away & I'm looking forward to getting into your course.. You are by far the best!
Thanks for all the kind words and support :-D
One thing I wanted to point out for people that are not used to lay betting. The Lay must be odds on. At 1.5 you are risking half the stake. Don't put on a lay bet over 2.00 as you are risking the whole stake. In certain conditions you can risk more than the stake you lay. JUST BE SURE THAT THE LAY BET IS ODDS ON. i would like to see more trading strategy's using lays. When you trade on the back market you are limiting your profit as the price goes down. With lays you would be waiting for the market price to rise. Interesting idea using a trailing stop loss...
Thanks for the comment Hrh Fish!
Nice & clear video Ben, I'll have a bash at this. One thing i would add is that this would work best (laying 1.5 goals) in games where at least one of the teams has been scoring 2 or 3 goals per game. Great strategy & easy to understand.
After viewing this footage had a very successful trade on Liverpool v Barcelona, what a great start, many thanks.
Ben, this looks really interesting and very well thought out. I will give it a shot and see how we go. Thanks, Dermot K.
Be sure to report back Dermot :)
Hi. Firstly i came across your vids and have to commend you on a job well done!. Im still learning the ropes..... whats the advantages to LAYING under 1.5 to BACKING over 1.5? B4 i saw this i have done 3 trades where i would back 1.5 at HT hope for an early goal then ride odds down to my entry point see if another goal would come. I learnt a few things 1: it can be VERY profitable when works. 2: Be VERY careful when waiting for entry point( odds changed as i cashed out resulting in £1.40 loss) 3: I felt MUCH more comfortable doing this on games i could actually watch as to just in game stats. (In game STATS can differ greatly from site to site)
Also i take it this is much more profitable than laying the draw?
cheers
Been trying this out today. So far made over £300 over about 6 games. Happy with that. £300 a day would be ideal!
Awesome to hear Kenn!
Hi Kenn! Do you apply to any live match ?
@@maskanipoa5348 not just any live match. I have been picking ones where there would appear to be plenty of shots by both teams as if one team scores then the other team will go on the attack. This could also leave them open to counter attacks.
Have to judge it game by game. Yesterday I only had 1 winner but cashed out a few where 1 team got a goal but it no longer looked like a 2nd was arriving.
Thanks for the tip! Ben did not address the issue of match selection as he usually does in his educational videos. Congrats on £300 won !
@@kennbracey6048 can you give an average of of how many shot to be expected in the match before u advice its a good idea to pick. thank you and good luck
Melbourne Victory 1-0 Adelaide United
63'(HT 0-0) - Perfect example,live match......I lay at 1.70 and the 1st goal came at 1.31 odds when I was about to trade out :-) Odds shoot to 2.65 and i'll wait for stop loss at 1.70 entry if there is not another goal :-) Thank you so much for the strategy
@@UnknownUser988Yeah you can and scalp the market....all traders different with various risk levels....it depends,just go brave!
The best way to automate is use software to sound alarm and switch to market at the stop odds, and do it manually
I would also get out a 100% turnover of liability
example
you lay 100 at 1.5 liability £50 a goal goes in offers you say £55 would take that. if no goal at 1.15 your out
if you right 50% of the time your quids in. dont get wrong here, if a goal goes in and the profit is say £70 or £80 i would not take it, i would wait for the next goal for £100 profit or if it drops back to £55 i would then get out.
hi i like this version....can i ask do you always set the 1st stop loss at 35 ticks ?
thanks and are you still trading this way ?
Great Video With Much Value! Keep up the great work and hope to see some more content soon!
More to come!
Better strategy if you lay the draw about 65 mins mark around 2.0 odds or under, and lay under 1.5 golas too! You do not have limited time window, late goal can help, you win LTD then. If goal come earlier you can trade out LTD what covers lay on under 1.5. Another goal comes full profit. You have more time win
thanks for this video , it's really interesting . well done ben . ( sorry for my english but i'm italian ) . i hope we will see another video as soon as possible .
Very good English Michele! :)
Hi Ben. Thank you for sharing your knowledge with us for free.
I have a question: what if instead of using the stoploss, you just take responsibility and leave the profit in freebet? Could not it be more profitable in the long run?
I ask this because using the stoploss, we fail to catch the late goals (after the 85 '). Making a freebet in first goal, we would have a smaller profit per game, but a bigger time window
If you mean removing the risk after the goal and then letting it run, yes this is a good approach also :)
@@SportsTradingLife exactly!
Great video again, in fact superb. Using something similar on LTD using Bet Angel. Great stuff Ben👍
Thanks Simon! :)
Good shout Ben, worked perfectly tonight with West Ham.
Glad to hear it Andrew, 3 quick goals there. Crazy match!
@@SportsTradingLife yea it was a bit! It's a nice strategy. I used it on 2 other games tonight. 1 scratch and 1 disciplined loss! So up overall 😊👍
This strat is awesome. Really helping with my discipline and have a great strike rate so far.
Thank you soo much Ben. You are a lighthouse for I want to be. Best regards from Brazil!
Thanks for the support :)
Great video Ben, look forward to trying this out. 👍
Thanks Jamie
Watched tons of your videos in the last few weeks. Keep coming back to this one as the most interesting and least results orientated.
What’s your current go to trade Ben?
very good point about goal markets...........it doen't matter who scores, the number of times the team you do not expect to score is surprising.
This works better on tennis me old son.... remove some liability when things go your way and it's easy money...stop loss is also tighter with tennis if ya get me drift like....1.10 is very expensive...nice liquid markets is most important thing👍👍
Interesting! What market would you apply this to for tennis??
Good video - another method to add to my portfolio. I am going to paper trade this over 10-15 matches to see if it is profitable over that time. Obviously i would rather win the full stake but my gut feeling says cash out after the first goal is scored, even if just one in 3 matches of this type of trade.
The majority of trading methods do profit long term under the correct match selection and discipline. I believe with this method that even using it blindly you will break even but I would use 100 match sample, 10-15 is not nearly enough games to know.
@@robbiescrivener8523 the key is to pic the good Games. Games with no Action Looks not good for goals
Great video Ben. Many Thanks for putting this up.
Thanks Andrew! :)
Excellent Video Well presented and easy to understand.
Great job Ben.
Excellent video. Very enlightening. Thank you for the fantastic content.
Cheers Ben, looking forward to trying this.
Let us know how you get on Craig!
Thanks for making a good video, and I hope u make for more profitable and strategy videos. I loved it video
Thanks mate, lots more to come!
Thanks, Ben, for taking the time to do all this for us.
Glad you enjoyed!
Thanks Ben, really useful, just one question
Cant the Betfair Auto Cash our facility be used to set the stop loss initially?
Nice Video Ben, I have a quick question. When you mention about being disciplined etc and being able to manually exit the trade if your S/L is hit? After you have placed your Lay bet - and you know what your S/L is (1.1 initially) or (1.4 after the goal is scored) so could you not Click on the "Back" tab and then type in the relevant number - that way effectively the S/L would be in place as soon as the price hits. (If this is a stupid question - i apologise LMAO)
Hi Andy, what would happen if you did that is the market would immediately take your bet and close the trade.
So the best thing is to wait and do it manually or the more advanced approach would be using some software.
Great video & very interesting, thanks for sharing Ben 👍🏽😊 Have you tried this with backing under 1.5/2.5 goals? And using software? Thought that's what it would be from the start as those prices always move in your favour untill a goal is scored. Thoughts?
Great video pal . As always . Wana ask if it's same if we use over 1 goal line instead of laying under 1.5 market . If one goal hits refund locked. On second win. Otherwise as you said can do a cut loss on over 1 goal line at same odds or 3 points low. Will it work same ?
very informative as usual and very well presented, the best free videos ive seen...1 question if theres a goal scored is it best to make it a no lose game or better to put your stop loss above the original mark to still make a small profit
Both approaches are good Eric. By removing risk you eat into the profit potential so you have to assess your own selections and see if your own strikerate can maintain that.
HI Ben! I am Alex from Bulgaria.Perfect video as always !!! Thanks!!!
Hello Ben, I am Alex and I have a question about the strategy. It is clear that iron discipline is necessary to achieve a good profit, but the most important thing is the right choice of matches. What criteria do you choose for matches over 1.5 goals before the game and then in live what statistics should be for does the match go?Thanks in advance!
Nice video Ben. What sites do you use to do your football research? thanks
Great stuff Ben. How much will the course be when you open the doors?
If you are on the waiting list, email me and I can provide details :)
Interesting idea, I would test it out with low stakes first say lay at £2 for 10 - 15 games.
Hi.. How was your test result?
Awesome. I need to try it. 💰
Excellent video thanks
Glad you enjoyed it
Nice idea like a lot of strategies on this channel... The problem is as always will be with any strategy, it's all about match selection. Tried 6 games tonight, all with different but researched reasons for getting involved... 2 scratch & 4 losses! I know its only a very small sample, but unless someone is finding success using certain criteria then you'll always just be hoping to get lucky with goals
Yes patience is required but "research" can only tell you so much. You have to follow the matches in play to spot the opportunities.
@@SportsTradingLife I agree completely, most of the games I picked were down to stats in play, loads of shots & attacks but just not hitting the back of the net! Will keep trying as I like the idea, just not sure it could be profitable long term. Been trying for ages to find some strategies that will work over time but not sure how people actually make money cos never managed to find any!
@@UnknownUser988 Still no consistency... games with loads of chances but no goals & then all the games that have none seem to generate 2 goals outta nowhere! The strategies on this channel are all great ideas but without a way to pick games consistently, don't see how anyone will turn a profit long term
I’ve just used this method in the leister game. Well sort off. I say sort off because I didn’t quite follow the rules. I cashed out for a profit instead of letting it hit my stop loss. I just couldn’t bare the idea of breaking even when I had guaranteed profit stirring me in the face. I’m actually a bit annoyed with me self for not cashing out as soon as the goal was scored. I would have made £46 instead of the 20 I ended up making. So my question is what’s so bad about cashing out when the goal is scored. I know we’re meant to have discipline but what if you have enough discipline to always get out of the market when you hit your first stop loss in the red, what’s so bad about cashing out for a guaranteed profit when it does go right. You said it yourself the method has a lot of break evens, why no reduce those break evens and increase the amount of times you profit. I’m not trying to question the method or undermine you in any way. I’m genuinely curious. If there’s a good reason to wait it out other than potentially increasing your profit to get 100% of your stake, I’ll start do it, but if there isn’t really a good reason apart from that I think I might stick to trading out when the goal I need comes.
Nothing bad about it at all!
You would just need to maintain a higher strike rate to profit long term that way, but as said, nothing bad or wrong with either approach!
Sports Trading Life cheers Ben. That’s very helpful
Great video but am I right in understanding that despite what you said about discipline in the example you allowed the trade to go through your trailing stop loss after the goal and luckily a second goal was scored. Had a second goal not gone in you would had been into another loss as you went trough your stop loss?
Hi loved the Video. I have an idea, pls correct if wrong, rather than expecting Goals, can u we Approach Under 1.5 or 2.5 goals instead of over goals... Pls reply
Do you mean if we are not expecting goals? This wouldn't quite work the same but I do show how to trade Under markets in another video.
@@SportsTradingLife ok sure Ben. Also pls make a video on Horse Racing for Beginners.
it's not really a Trailing Stop-Loss is it ... all you are doing is moving your Stop-Loss as the market moved in your favour. You could move it such that you would win £10 or £20 rather than break-even ... it's for you to decide what your minimum profit or maximum loss will be if the second goal is not scored. There's nothing wrong with the strategy just saying it's not a true Trailing Stop-Loss and it is more flexible than you are describing. :)
Nice vid
I understand the strategy, but instead of choose a low strike rate, isn't better to cash-out after the goal and increase the strike rate?
So... You'll receive a less percentage of your possible profit per game, but cashing out after the goal you may also win the market, am I right?
Plus: cashing out you can move on and don't need to follow the game until your stop loss point.
Great video again. Can I ask why did u lay under 1.5g
Instead of backing over 1.5g just wondering if any reason. Maybe its better that way?
It makes it easier to do the trailing stop loss and follow the numbers. The main money will now be on Under 1.5 so you can get out easier too.
Will try this method with low stakes first. Let's see. But it seems a great strategy. I have the disepline for it.
How do you select the games if i may ask?
Cheers
GREAT video :-)
Cheers, glad you enjoyed!
in the Stuttgart game (as an example of where there have been no goals) would you consider laying under .5 goals to recover the loss so you scratch if one more goal?
Good question mate and that can be a good approach. I can not give everything away in these videos but you are on the right lines ;)
@@SportsTradingLife but if you lay the under 05 as well then that/s two bets so as it fin 0-0 you would of lost twice,surly you just trade the under 1.5 if its a loosing trade you accept and move on not chase the loss ,
@@stanjones247 If its an end to end match its worth laying the 0.5 but if the match has gone quiet just accept the loss.
Also if its a heavy favourite I would avoid as the underdog has parked the bus, very frustrating and no value as the market thinks the fav will score so the odds will be over priced.
@@stanjones247 As with anything it really depends on the match situation. If you stake accordingly and have this as part of your plan it wouldn't be chasing losses. But if you are throwing good money after bad "hoping" for a goal then yes that is not a good approach.
i admire how you staying calm loosing 28 pounds, like nothing has happened ;)
Hi Ben, I am currently trading this strategy with a 2 to 1 ratio. So my first stoploss is always 33%, one third of te stake. I have the experience and discipline to win with this strategy. It happened to me a good couple of times that I was seconds to late or to early, but I understand in the long run, if you stick to the strategy, you will make money. However, after two weeks I have traded 23 matches with a win-rate of 26%. (Backtesting using a 40% stoploss wouldnt make a huge difference) So I was wondering what your win-rate is. If you have a higher win-rate, than I know for a fact I have to do a better job and maybe apply for some lessons.
heyyy
Do you select any game that has reached 1.5x and lay it? Or do you check also how many shots on goal or on target too?
That part would be up to you. If you want to do well with it then you would need to find a reliable selection process. I do not advise using any strategy blindly.
Not just me getting the goals just after trade out then
Excelente!
Hi. Can I use this method also for other market, and also in first half time, and not only goal market in second half? Ben, why you choose exit odd 1,10 or 1,15, need to always tick difference 40 between entry and exit odd? Regards
I find cfds easier to trade aposed to sports trading...but still very interesting and surprisingly harder to some degree.
Thanks this was fantastic
Glad you enjoyed it
Great strategy with EV+
i must be just unlucky because i have tried this now 4 times and i have cashed out at the stop loss point 1.10 and the results have been 0-0 at stop loss point and there as only been 1 goal in the 4 games
If i can like one thousand of times i really do !!! Thank you for this , open my mind
Thanks to you too!
sorry for my english
hello, using geks toy, I noticed that in tennis it is possible also putting the stop loss, you can have problems, that is the stop loss if the gap of the trade is big is a problem. the toy in fact also has the option place stop at + .. according to you, what value should you put on "place stop at +" in the geks toy to be sure of being matched and not exceeded by the quota and therefore no longer have a chance? why is it so right? if there is a jump of 30 ticks it is possible not to be fed up, or not?
Ben, why don't you just put the closing stop loss bet in the market at your original entry price after the first goal has gone in? It seems to me that it requires more discipline (and time) to be constantly scanning the market to wait for the price to get back down to the entry price and then put the closing scratch bet in. Or is it because even unmatched bets are somehow lost when the market is suspended when the second goal comes in (on the Under 1.5 goal lay example you give on the Millwall match)? .i.e. it seems to me easier to place the closing bet in after the first goal goes in and then forget about it, secure in the knowledge that you will either get a scratch trade or the full result
That is correct, if you put it in the market early then the market will take it. There is software that can automate it though.
Do you have any strategies for basketball? i usually put 50-100 $ on one match and i set a losing limit where i cash out .. and also do this when i have profit . Most of the time i bet on the last 15 minutes.
Greetings Ben. I live in a country that I cant have a betfair account. Can you suggest me how can I play with this method? Thank you very much!
You can back the Over 1.5 @3 instead lay under 1.5 @1.5. So you can set a automactily stopp loss backing the under 1.5, can't you?
In the first half of the video one of the teams has a red card and the other a yellow card. In the second part both cards are missing.
Why don't you move your stop loss above your entry point say from 1.40 to 1.60. Just wandering
You could do that if you wished. Would mean less time in the market to get the goals though.
Couldn't you soften the potential worst-case-scenario loss even more by placing a $1 back bet on the 0-0 correct score before kick-off? Or a higher amount on 0-0 at around half time (just prior to placing your first Under 1.5 lay bet)?
Could you tell me what the cost of your training course will be please ?
xD Last time you opened the doors you said you weren't going to open the doors until mid next year - haha
I said I won't open them again till next year, and that is the case. January 2019 is the date.
@@SportsTradingLife ...hello,,, how to get a video course from the site ,,ultimate fotbal trading,,
Would it not be better to ride the short trend rather going against it. Short shell your stock from £90 to £50 and make £40 minus your £10 initial loss.
But isnt it the same like LTD with the 1:1 insurance? Where is the edge to this strategy? Maybe diffrent, at LTD it depend which Teams scored...
hi ben, i do not understand in how far you need additional software to place a stoploss with this method. can't you simply put in a pending back order at 1.10 as soon as your lay order at 1.50 is triggered? of course you still have to be around the screen to adjust the back order at the moment a goal is flying in. anyway a stressfree yet effective method.
If you put the back order in via Betfair then the bet will automatically be accepted as they will match you at the highest price
@@SportsTradingLife thanks ben for clearing that up. i am grateful for learning something new by your post.
I've done matched betting before and noticed my accounts are being limited this is a new concept i am interested in
I hated that too, just had to stop matched betting. Exchange Trading is the way forward, I'd rather pay them a commission per trade rather than get restricted
Brutal
Think this would work using the fireball reloaded stats.
Yeah definitely Chris, A similar approach would work. Just have to know you need 2 goals for a profit in this case.
great content
Hola los cursos están en español? Gracias
WAHT trailing stop loss, if a play make a gol, market make e big move and stop loss it's nothing. nobady back at 1.20 when market move at 1.80. stop loss it's a risk
Hello the course c in Italian? If yes what is the price?
when you say a goal flies in after you ve took a loss should nt your records tell you if setting the stop loss lower or entry point is optimised?
Yes Steven, but everyone's records are going to be different so everyone will optimise differently.
Where on earth can you find matches with odds of 1.40 for UNDER 1.5 goals?
Proves this to be VERY dodgy.
In the second half, that's why you have to wait. I'll be using it on World Cup matches. There is a low goal frequency.
@@stephen11627
1. Examples don't wait for 1.40 - they seem to be any odds he finds to fit the bill.
2. It is not the TSL as quoted. The trailing stop loss at the beginning shows taking a profit below a peak ONCE the odds START TO DROP (i.e. taking SOME profit), not set back to entry point. This is NEITHER the definition of a trailing stop loss NOR the initial explananation.
3. Where is an example of taking a partial profit as the price drops as in the introduction. Oh, after the introduction, that is no longer an option.
4. He says "goals go in after he has cashed out for a loss ALL THE TIME' meaning either the exit strategy is faulty or the statement is incorrect.
5. A few more holes and it could be called a colander.
The system may or may not be profitable.
The one thing it isn't - IS AS DESCRIBED.
@@davidgreen8189 Hi Dave thanks for your reply. I take it you're not a fan of Ben?
Ben is the real deal, what you see is what you get.
He is one of the few who will show you the good, the bad & the ugly.
I don't know if you have downloaded the free pdf.
I downloaded it back in 2019, and it states that we are only risking max 40 ticks.
Obviously if you go in at 1.40, then you are risking your whole stake.
So that's why the exit point is at 1.10 (30 tick loss).
Otherwise 1.50 is about right, after all it would be annoying to wait for 1.40, when a goal went in before that.
For the sake of the video Ben needs to show winning examples of the trades.
So, obviously in the matches where he entered the trade at 1.40, he must of thought a goal was coming, and started recording.
It's all down to your match reading skills.
He did state that the strike rate is low, but the profit is high.
The possible returns are unheard of in football, without using leverage.
He states in the pdf if you keep your losses low usually about 30% of your stake.
Then you only need a 30% SR to make a long term profit.
This strategy is low risk high reward, my kind of strategy.
I believe that this strategy would be perfect for The World Cup.
The goal expectancy is very low.
75% of all matches have at least two goals in them.
In another video Ben states that a trader used this as his main strategy, and managed to scale up to four figure stakes.
Pretty sure I know who that trader is, he is a fellow (UFT) member, like myself.
czcams.com/video/jYDqDFPEI1U/video.html
Download the pdf yourself Dave, and give it a go.
Thanks again.
Good Luck! (May your bank grow). 👍
@@stephen11627 If you look at about 6 minutes in, it describes fairly accurately what a trailing stop loss is. Then later in the video, it suggests doing something completely different.
Which may be the better strategy? I have no idea, but using a TSL as in the intro your new stop loss would be 30 ticks below the high odds (which would almost certainly be a profit), NOT setting a NORMAL stop loss at the break even point as the body of the video suggests.
Lay at 1.40 with SL at 1.10. When a goal is scored and the odds go to 2.20, then the trailing stop loss is set 30 ticks lower at 1.90. If the goal was scored later and the odds only drifted to 1.80, the TSL should be set 30 ticks lower at 1.50. In other words, a TSL ensures that (virtually) 100% of the time a profit is made if the match does not end 0-0.
Ben may simply be unaware what a TSL is, but if that is the case, he should not confuse matters by using the term.
@@davidgreen8189 Ben did say at the start of the video that it is not a true stop loss as in financial trading.
But it is the closest you can get when trading the sports markets.
I think this is better than a traditional stop loss, as when you hit a stop loss, you are losing money.
But, if you enter at 1.40 and a goal goes in, and let's use your example that the price drifts out to 2.20.
Then we are waiting for another goal before the new stop loss hits 1.40 the price at the start of the trade.
Once it hits 1.40 we exit for zero loss, how can that be a bad thing.
Also if the stop loss is hit before any goals are scored say at 0-0 then we exit for a (30- 40 tick loss).
A small loss.
What's not to like?
Sounds good to me, and I can easily see how another trader used this strategy to scale up to four figure stakes.
I have used it in the past, and I can confirm that it really works but, you need to use it sparingly.
Pretty sure the World Cup ticks all of the right boxes.
We'll see?
Its a headge executional tool
Following on from Dave Holmes and others who've shared their outcomes using this strat, the viability must be desperately marginal. Even waiting to go in at 1.50 you can only afford to be totalled around twice the number of times you win, whatever you do. I don't think you'll get enough goals.
can't you just bet on 0.5 goals scored and exit at some point as well for a loss.. if goal is scored you would win instantly?
You could but you would have an inverse risk/reward ratio. You would be risking much more than you can win on that market.
Good movie
How much do you make a day ?
Why don't you just trade out for 0 QL after the first goal? Sure it's been asked before, no time to scroll sorry
You can do, but given the low strike rate and small profit.
It probably wouldn't be profitable long term.
You would need the max return for it to be profitable.
That's my guess? 👍
In my experience stop loss doesn't work with Betfair trading. The reason is that when one selection moves lower another has to move higher. The book has to always be close to 100%. In the stock market all the stocks can go lower or they can all go higher. With Betfair trading you need a strategy to start a trade and a strategy to exit a trade. It's not a problem if your trade is in a losing position because will move back into a wining position again. If one goes up another goes down.
You have missed the point of Ben´s presentation. This is how he means it. Let´s say you laid the U 1.5 at 1.4 on Betfair or another Exchange. What this means you expect a goal and if it comes the odds will rise beyond 1.4 so you may green up. BUT if you are wrong and the odds on the U1.5 market continues to plummet you will face mounting loss . so to minimize the loss you wait till the odds get to 1.1 and you get out rather than wait for 1.01 and loose your whole liability BUT you have to be present to babysit the trade as Betfair does not have a stop loss feature like forex markets charts..
Can I do this on bet365
I wouldn't recommend doing it. Bet365 would probably shut your account if they know you are trading bets like this.
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