The hope and the confidence soon vanished as nothing was going right and I just couldn't get anything working for me. You are supposed to be aggressive, and I placed 50 bets in one race so I think that counts as aggressive, but I think I'm trying to run before I walk. If a horse was trading in a straight line you could guarantee as soon as I started scalping the price would fly off into the distance against me within half a second. I ended up £5 down, which is awful. Or rather I thought I ended £5 down until I checked my statement and I lost £10 on 1 race alone! I must have had an open position after I finished trading that race, really odd as I always check that I have greened up properly. Looking through the list of bets you can see the last green up bet (as its an odd stake size) but there are £10 extra back bets compared to lay bets. Very odd, I don't understand why the green-up bet went through last, but I still somehow had open bets.
So I'm £15 down on the day, leaving me with a £72 bank, using max £7.20 stakes, and no confidence at all. Oh well.
Cheers
Simon
Posts
6 comments:
wish i understood this training bollocks. I know a geezer who makes a ton trading on Betfair. teach me pls :-)
If I ever manage to crack it I will teach you, as long as you teach me some Amatay tourney poker skillz in return!
Some applications will not cancel a bet when you hedge, but most will have a unmatched bet box which should show your unmatched bet. I have just started using 'the toy' which gives a warning if you exit the market with an open trade.
AH, I think what happened is I had earlier put some bets out of the money to get at the front of the queue and in the frantic last minute before the off I was scalping, forgot about the other bets, and clicked "Keep" as a safety net on my scalp-exit bet, but obviously it kept the other back bets too. D'oh!
Simon i might have a good program for you email me at seb2209@gmail.com
As a Betfair trader myself, I think the occasional slip up like that can be written off as an occupational hazard. It happens to everyone now and again
Post a Comment