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Can't quite believe what happened on the cricket tonight and the quite frankly appalling manner in which I traded the match.

1. At some point during the Zimbabwe Innings I'm all green, 120 in the bank.
2. Zim start losing wickets following a bright start and when 5 down I back Ireland to win increasing my potential winnings on Ireland to 600, but a loss if Zim win.
3. Unfortunately Zim get their act together and reduce the required rate to 2.5 runs per over. Lay Zim at 1.03, now 1650 if Ireland win, -130 if Zim win.
4. Remarkably, Zim lose a wicket, I green up again at 1.20 'guaranteeing' 120, back to where I was. Zim lose another wicket and then another. I am now kicking myself rather severley, 9 required off the last over, the odds on Zim have drifted out to 3.0, why oh why didn't I wait?
5. As it turned out the bloody match was drawn and I ended up winning absolutely nothing. Must be a few lessons in there somewhere.

pth

BTW. Well done Edward :)

Nice book edward (i assume the 1000 was before DP got to 7 legs or there was no way it could get lower)

been a much better day here, wins at Cheltenham (thank you Drever), the cricket and the darts :-)

was some huge panic in the ireland v zimbabwe cricket game, 700k matched at between 1.01 and 1.05 on zim, they found themselves 9 down needing 9 off the last over. 8 off 5 then a wicket last ball led to a ghastly tie and no doubt forum meltdown

PTH

the final result will have got a lot of people out of jail and robbed a lot of decent wins, for me the tie being a separate market is farcical cos theres never enough liquidity to hedge

Fundy, to be honest I was quite happy with the draw, purely because I greened up the second time far too early, I was so annoyed with myself. I agree the draw should not be a separate market, particularly as this has happened to me twice now :(

pth

Steve - re the darts, the daftest part of it was that Barneveld won the next leg after the big lay bet was placed and it still wasn't pulled or reduced. From memory it was 7-2 and it went to 7-3, (when it was first to 8 legs to win, for those who weren't watching).

On the BetAngel web site, Peter is suggesting it may be appropriate to run an advanced seminar. I'm still having difficulty making money on the horses and have registered for another session with Peter. If anyone else thinks they could benefit from this, how about helping make it happen?

Compoundup
I am also struggling with the horses even with Betangel pro.
I sometimes think Peter has made his system too efficient - for himself.
I would certainly welcome the opportunity of further assistance.
Footy is not too bad - aside the occasional lack of discipline.

Don't knock BetAngel Pro. It is the business. Certainly it has more functionality than I use. I wouldn't trade without it and often choose not to trade just because it tells me the latency is abnormal.

I think I know what the answer is to my difficulty with the horses and it lies between greed, trade size and expectancy. If I could just get that balance right...

I didn`t mean it to sound as though I was knocking it, far from it. I couldn`t trade without it.
I want to know how to use more of the functiions it has available.

Edward

one slight flaw in your plan when backing at 7-2 or 7-3, barney couldnt win at this point cos it although it first to 8 to win, they play a max of 14 legs so his best result was then 7-7. you were backing an impossible result so were giving a free 25 to someone

Thanks Steve,

Another too-good-to-be-true situation after all

how much is the course, and are they always in london or do they come to different parts of the country, eg Birmingham? if not are there any plans to do so?

Edward

they usually are ;-)

Evo

http://www.betangel.com/products/courses/index.htm

everything you need to know on this link, and not all courses are in london

Evolution

There are some interesting Bet Angel Free Training Videos

HERE

Went for the trial version today. looks great, but alas slightly down on the horses.

had some in-play fun on the spursvchelsea game(match odds). had that "magical" moment of a healthy green figure on all 3 outcomes. felt awfully like gambling though. I like the fact that that when you get your prices matched, the betfair balance is not tied up for the duration of the match. presume thats a betfair feature as opposed to betangel. waiting for the next available Scrips course now.

used to do "arbs" on sports, between spreadbetting, but the opportunities mostly dried up ..

I take it , going on the age of this thread.. that this isnt a fad. and as theres always gonna be gamblers, theres always going to be opportunities to make some cash.

jbarlowffc :- 'gamblers'? we are 'odd's traders'!

Had a 95% loss rate on monday, naggs/soccer, thought my 'luck' was about to end, (black monday)!

for me..so far horse racing sucks.. but in-play darts and football "odds trading" has been good.. seat of your pants stuff though.

I havent had much luck with the horses either. Initially as was going well based on the system Chartist had used then after feeling reasonably confident I decided to up the stakes (this was after a month or so). I upped the Back and Lay to 200 and hadnt taken into consideration the fact that my Lay may not always be taken by the market as this was never a problem with the smaller bets so the thought had never crossed my mind (naivity in my part!) so caught out on a few costly occasions. Oh well back to the drawing board.

Any other valuable suggestions gents (other than the obvious!!) lol

Cheers,

Ian

After a heartstopping 2 minutes waiting for the other side of my 500 stake to match.. .I won 3. Get me a pint I guess. previous race I traded 5 times at 2 .. decided I was on to a winner and went for 200. Well yes it went tits up...and i didnt have time to recover.


Im gonna do this..
Go on course,read book
Practice on a hundred or so events with 2 stakes.
Take a long hard look at the Profit/Loss and decide if this is my bag after all

jbarl,
Have a think about laying the draw at football ------ if a goal trade out --- will leave you to work out the possibility of 0-0 score and what to do ----- if any one asks me the question about what to do, I will not answer -- thats for you all to work out.

BP

sounds dangerously like the FCG system and you need to pick and choose your games quite carefully doing this