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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

Can't see the advantage of laying the draw at all (or backing), one goal and you're stuffed, trading out at a loss or hoping for an equaliser. Certainly I was always told that backing or laying the draw is the worse possible bet as there is no way to trade out without risking even more money (not that I haven't done so when watching a particular game).

Incidentally, not that I am bovvered, but always thought the idea of a forum (thread in this case) was to share information, not work it out ourselves!!

Anyone trading the golf?

Laid Tiger a few days ago @2.58 not sure when to back & green up.

P

You may never get the opportunity Photo, if he has a reasonable first round you're stuffed!

He's already out to 2.8 so can do it anytime.

Unlikely to shorten much in my opinion now with only a few hours to go and he's not starting until early afternoon.

Not trading the golf atm. When unable to watch the screen I would have a trailing stop in place. In this case, I'm not sure about greening at such a high price either. If Woods has a good first round you should be able to green at a better price. At least you are in a no-loss situation until you green-up.

IMHO the only advantage of greening at this sort of price so early in the contest would be to provide funds for laying off other competitors and retaining a no-loss p&l. This is not so applicable in golf as it is in e.g. football because the other players are at such long odds.

Looking at Woods' price chart, the curve is getting fairly flat now so covering at 2.82 looks like a wise move.

This is how I would trade it. No doubt others would do differently.

Thanks for your thoughts compoundup, I am definitely going to green-up b4 he starts his round as I think he is likely to win with the from he's in.

Also backed M Campbell @ 610 C Pettersson @720 & S Micheel @ 720.

Tiger seems very, very short for the Masters. He is priced pretty much at certainty and in golf nothing is certain. I'd start with a lay for sure.

Scrip

will be trading the masters but wont get heavily involved till the weekend (unless Woods drifts heavily)

with regard to Woods, i think its something like 14 consecutive strokeplay events that hes traded at odds on in a row. would rather be a backer than a layer round augusta where on pure form lines he should be at best even money imo

as far as alternatives to woods go, the 2 i quite liked at the prices were Stenson and Di Marco, tho would sway towards the without Woods market to back them

Scoreboard

http://www.masters.org/en_US/scores/index2.html

also a link to the live masters radio under "interactive" on that site for anyone trading in running

If youre in the UK you can watch coverage of Amen corner via the BBC website

http://www.sportsline.com/golf/masters/video

the above link gives live coverage of amen corner from now and also gives full live coverage an hour before it comes on the TV

Well I'm new to this business and have been having a few punts on the horses - which I know absolutely nothing about - and although starting reasonably well I started to lose so decided to have a look at the Masters.

Currently I lose if Tiger wins 'cos I've layed him at 2.8.
I've taken a relatively small punt on Ollie which I won't bother to cover but the nice one is Stenson where I backed him at 38 and have layed him at 15 - still stand to get a few bob if he wins.

All I need now is Tiger's odds to lengthen and I'll cover the loss ..... so if he starts storming I'm a loser but I would have thought he has to have at least one bad day ...... shurely :)

mg, if you laid tiger at 2.8 you are well in the money, he is at 9's currently.

Fundy, I take your point but only a few dropped shots at Augusta and you can drop well down the field. Be interesting to see how Rose gets on in the second round.

I'm green having traded out on Woods now so I will use some of the profit to lay rose. He's been here before but two good rounds at Augusta would be a surprise. Also I don't have anything to lose now.

Beginning to look like Laying Tiger was a good move, not a very good day yesterday and even worse today, although you never know. He's head and shoulders above the rest of the field most of the time, but anyone can have their day at a Major, you only have to llok historically at the no hopers who have won the Open. Personally I quite fancy Justin Rose if he can have a good round today, if not perhaps Vijay Singh.