I get asked why I didn’t trade a certain match all the time, so here is the answer. These are my general rules for narrowing down my football selections on Betfair football trading, specifically when I will NOT trade.
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Remember this mantra:
We want to eliminate as many unpredictable elements as possible when trading, these rules will help us do that.
Following these rules will help you avoid the major pitfalls of football traders on Betfair.
Don’t forget to comment if you have any Q’s we will answer them 🙂
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You need to know probabilities of outcomes to say if a particular game is priced right. For that you need to figure out how bookies set prices or you want know where your opportunities are. Finally, automate what you are doing. Figuring out whether a game is worth of placing a bet on should not take more than 15 seconds. Then, you need an exit threshold as a percentage of the correct price. Just my 5 cents so that it has arms and legs at the next go.
"No masterpiece was ever created by a lazy artist." –Anonymous
"Success is the sum of small efforts, repeated day-in and day-out." -Robert Collier
If you add a filter to the date column you can remove the date you want in 2 seconds 🙂
Thanks for the video. Your approach, and the approach of the Betfair Trading Community in general, is very logical and it has made me profitable for some time now. I have a question you may want to consider, perhaps for comment on the forum: My bread and butter is second half goals, I post my selections from time to time under my forum name, and the results are not bad. Now I wish to take advantage of the remarkable work of the Community by working more of the set and forget strategies into the background. As there are a lot of strategies and hence of a lot of selections, do you have any guidance on the maximum that can be comfortably traded in a day, taking into account the highest percentage of the bankroll one should risk at any given time and the ability of the human mind to manage X amount of selections? Cheers.
Great video as always mate! By the way, Wisła Płock is pronounced "Veeswa Pwotsk". 😎
6am?! Where the devil are you? I just assumed you were in Norfolk somewhere!