Bet and Lay strategies

saluedo

Can anyone tell me where to get my hands on the formulas to successfully bet + lay so that I'm always a winner, no matter how small. Preferably one that takes advantage of the sign-up offers on betting websites?

IH77

saluedo wrote: »

Can anyone tell me where to get my hands on the formulas to successfully bet + lay so that I'm always a winner, no matter how small. Preferably one that takes advantage of the sign-up offers on betting websites?

Let me know when you find it....

jolsen

Just put "match betting" or "arbing" into your favorite search engine and all will be revealed.

A word of warning though; returns are pretty small unless you're devoted to doing it, takes a while to get the hang of it, bookies are well aware of people doing it and are quick to limit accounts, it's incredibly boring and if you make mistakes can be very costly.

saluedo

I'm aware of the difficulties. But I know one lad who stuck at it and is a few grand up. Basically does a big session once a week covering all the coming weeks events and collects. He only made 2 mistakes but ended up winning on both occassions, lucky git. I have the spreadsheet made up. Just need to have a go now.

paddymick_2000

returns very small and takes time.

waste of time really

RoundyMooney

Not if you do it properly, and there's the rub.

it is not easy, and involves both gaining a feel for the market, and using tools like the betfair exchange, a decent api interface program ( I use the geeks toy), and sites like the bettingsite.co.uk to get an overall picture. Most of the real money comes in in the last quarter of an hour, once the horses are going down.

There is no quick fix system! People will tell you there are but they are invariably aftertiming or trying to sell a system. Trading can be profitable, but takes work and an awful lot of discipline. Human nature dictates that one will chase a perceived profit instead of taking a small loss and moving on-and that's the hardest thing to overcoming when trading or scalping on the markets.

I've done it part time for ages, and went back into it recently, starting with a small bank and working from there. The first time I did it, I started with a 50 quid bank and tipped along for a month or two before losing the run of myself and letting bets go in running. People can do that, with success-but you need as much inside info as you do when gambling straight, so I see little point in it. I generally close a market before the off and take my hedged profit with me. Sometimes it's a little loss, but the bank has climbed consistently for me, and that's what matters.

Above all, you need to do your homework, and accept that there is no magic bullet bar experience and a sense of proportion. Never gamble what you cannot afford.

LFC5Times

Back high, Lay low

RoundyMooney

To begin with, it's safer on the bank.

I lay to a specified risk as well, easier to get a drifter than a steamer.