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Trading and betting

Discussion in 'New Markets' started by Nucky1, Feb 28, 2016.

  1. Nucky1

    Nucky1 Newbie

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    Sports trading and betting have been among us for long time, but minority has managed to do bussines out of it. It takes good financial managment, strong mindset and lot of the patience. As I have recently became member of the minority, making constant profit althought still not high enough, I wanted to introduce to you few "techniques" and see if anyone else has been doing it and overall opinions
    1) Trading on different bookmakers
    On paper this is the most secure method. You bet on 2-way outcome in one bookmaker at highest odds and then in other you bet opossite. Lot of softwares update odds instantly and profit is around 3-4%. Still, it needs to be taken into consideration that using e-wallet is must and there some adittional expenses might occure. Most important part of this way of betting are limits. Not all bookmakers allow same stake(Marathonbet few dozen bucks, pinnacle 10 times more) and often they limit you soon. Besides that, they can take their time with payout, request Id-s and so on, and your money is stuck. My opinion is that this way of matchet betting is history.

    2) Trading on betfair/pinnacle
    Personally my favorite way of trading, but still not as secure as the first method. People do it different ways. I like to check some sources for early info, make an early bet on pinnacle and then on matchday get out of the bet. The risk is higher as you lose up to 10% if odds go other way or 4% if they stand still, but also if you did the right thing you can earn up to 30% with one good bet. Average is around 8% of profit.

    3) Betting
    Betting isn't something that you can explain in few sentences, but I will try to be as brief as possible. I have been working as tipster, trader and have deeper insight in values and so on. When it comes to paid tipsters, its important to check that their stats are verified and that odds are real. Often they post odds just seconds before crashing them so you lose some money there. For example, if some tipster on largest tipping platform has 12% ROI, it will be more to 8 as there are numeros people waiting for his bet and they will crash it. For those who dont know about ROI, its method of calculating how good someone is. If tipster has 10% ROI, stakes everyday 100euros on just one pick, it means that in a month he will bring you 300 euros of profit. This method can be profitable, I know some huge bettors who hire tipsters just for themselves, but it's for bigger bettors and for people who are avaliable at all time. Considering betting on free tips and own thining, it can be profitable but rarely. One guy cannot cover too large area of sports and use the insiders/informations and in the end there is really small number of those who suceed in that matter.

    I would like to finish with the note that trading and betting can be new market in making money if you approach it that way. Bookmakers are very careful, they use smart systems and there are numerous other obstacles, but once you get ahold of it, it is the gold mine.
     
  2. Nucky1

    Nucky1 Newbie

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    If anyone is interested in any cooperation(I have site and way to monetize it, need trafic) or anything else, they can send me their Skype.ID over PM
     
  3. Fenix19

    Fenix19 Junior Member

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    add me on skype petar.pan1919
     
  4. Fenix19

    Fenix19 Junior Member

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    add me on skype petar.pan1919
     
  5. Jackzz

    Jackzz Newbie

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    Wow this sounds interesting never heard of this type of betting
     
  6. WhyZee

    WhyZee Junior Member

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    Super interesting. I have really wanted to get into the world of betting due to my high level of sports knowledge. If you ever need someone to mentor, hit me up!