One advantage of Betfair trading on sports is that you can turnover spectacular amounts with relatively small banks.
Trading on Betfair allows you to ‘leverage’ your stake and bank because of the number of markets that are available and the process of instant settlement. This process allows you to recycle your money through the market at high frequency.
Because of this characteristic, even with a tiny bank, you can put many, many, many millions through the market over the course of the year. If you can do that with a positive expectancy of any amount your bank will multiply quite rapidly.
To reach ‘millionaire’ status quite quickly you just have to focus on trading enough markets in the right way. Do that and you will have staked millions.
bet angel has a number of tools available to aid you specifically in the process of trading and managing multi positions in multiple markets.
You must focus on your expectancy first though. There isn’t much point in turning over millions if you can’t do it at break-even or profitably. Never forgot that!
Link do palpite
as they say, turnover is vanity, profit is sanity.
Isn’t it better to select a few trades at day instead of trading for example 30 matches? Isn’t it over trading?
I have to say that one of my experiences is that if I push the daily trading volume beyond a certain point, my ROI goes down. Everyone will find a sweet spot where they perform at an optimal level for an optimal length of time, I guess.
Is it possible for someone to turnover more than is actual in the market when you scratch a trade is that money taken into consideration if so you could turnover more than in market or am I wrong?
Yeah but if you make so much $$$$$$$$ trading then why peddle your software that is designed for the financial markets and has little application regarding the sports markets ?
With the amount of commission you have generated for Betfair over the years and the customers you have brought to their market, you should be charging THEM a premium charge.
hello Peter.. great work. I mean seriously pal, what you do is beneficial to anyone who watchs
good advice, short term objectives leaves you chasing the greed and losing in my circumstance!
U have a grands to spare? Lol count me out then
I always laugh when i read people putting up comments like '' the markets are too efficient'' and its not possible.
Firstly people say this because they read and hear it but I can be sure they cant even explain what the markets are too efficient even means…. its highly irrelevant comment…The reality is just because you can't do it doesnt mean it cant be done. Your inabilities to be able to 1) read the market 2) execute properly 3) realise just because your reality is failure doesnt mean we dont make money every day. Its the weakness of people that the fuel the successful traders that can see through the noise and take value positions. Peter is incredible and if you actually learn how he operates and try to work within the structure of the various markets you can succeed… But its down to how much the individual is prepared to invest to learn. You're beliefs give us the edge in the market over you.
In some way this video is encouraging to use big stakes in the market. 90% of traders will again increase their chance to lose more money in the market, to again fill the pockets of 10%. thought in mind. no offence.
Great Video Peter
500,000 x 1% Profit : 5,000 x 365 days = £1,835,000
this time next year 🙂
atb David
i personally think that one can't have fixed financial goals i would say it's get what you can get and accept losses as you win more then you lose
don't over sake things can go wrong, i've leaned that the hard way.
don't call it trading, it's gambling on a price movement .
don't over commit as the stress is not worth the profit.
The markets are too efficient. Peter can make a profit because he is a genius…proven…ordinary guys like us? Not a chance..we will never have an edge…the sharks will eat us up! Go to work…earn a few quid to live…trade on Betfair (Paddy Power effectively) as a hobby…but dont give up the day job guys…leave that to talented people like Mr Webb imho
what are your thoughts on crypto currency?
i always find the lay price is much bigger than the back price so how can you make a profit ?
I think you are just great but, so damn sensible. Great advice. Thanks