- このトピックは空です。
-
投稿
-
-
Trading sports quality online soccer gambling agency can be a very profitable pastime and as a growing number of people get involved that suggests just one thing… liquidity. With the invention of the betting exchange and the rise and rise of the main one, Betfair, there is increasingly more money being traded on sports.
From horse racing to tennis and football to greyhound racing there are several markets available and specialize in. You’ll find even markets for financials and politics.
In-play betting and also the capability to place “lay” bets have revolutionized our capability to benefit from these markets (for all those not in the know a lay bet is betting that an event will not occur ie a horse will not win a race). Just watch any in-play tennis match and find out how the odds move. Making experience of these patterns and developing successful strategies to make regular profit is the holy grail for lots of individuals.
The fundamental theory behind all this really is that you need to back at a larger price than you lay. It’s the exact same as business all over the world, you buy a product at one price and you sell it at another, the main difference between the 2 being your net profit.
An example is I back a horse at 2/1 for Ł100. That’s 3.00 in decimal odds. If it wins I win Ł200 and acquire my stake back. Before the start of the race the odds come down to 6/4 or 2.50. I then lay it for Ł100 and in the event the horse wins I have to pay out Ł150. The real difference between my back winnings and my lay liability is Ł50. Which is what I would win if this horse wins and if it does not, I lose nothing! A no cost bet. The really neat trick is to “hedge” your winnings out so you win the same amount no matter which horse wins. Within the above example I could lay the horse for Ł120 guaranteeing me a Ł20 profit.
The most obvious problem is exactly what happens in the event the odds rise? You are left with a bet you cannot sell or get rid of without losing at least some of your stake. This is where the real difference between traders and gamblers comes in. A gambler takes risks as a way to possibly achieve a profit. A trader is pleased to take a series of small losses safe in the knowledge that the wins will outweigh the losses.
There are lots of and varied approaches to trading but the most important thing is discipline. As soon when you fail to close a trade that has gone against you you are no longer trading but gambling. Sure, you might get away with it but when it goes wrong you shall surely lose a great deal more than you bargained for. The most effective way to focus your thoughts and stop the gambling tendency arising is to work to strict strategies with defined entry and exit points.
-