Thread: Trading with screenshots

Roxanne,

Have a read back through this thread, some useful info. Basically I trade live sports matches. For instance, I have just won money from laying the draw in the England game and then backing the draw once they scored which they did after 4 minutes. This guaranteed me a profit whatever the result. So I could sit with a beer and enjoy it!!!

Just watching Sweden v Trinidad. I'm again, laying the draw, (which means I don't think it will be a draw) and once Sweden score which they should do, I will then back the draw so whatever the outcome I will win. :0)

My idea of the above site, ie Keith Elliott is that he has some brilliant trades where you can make excellent money. Just want to see if others are interested as the subscriptions can be greatly reduced if there are a few of us. :0)

http://www.keithelliott.co.uk/results.shtml

P.M me to get involved and make money asap.

Checkout these results!!!



To Monday 29th May

GOLF: Sole 3-ball bet W 13/10, Match bets 2 out 3 Won W10/11, W4/5, L.

FOOTBALL: 3 bets for play-off teams to be promoted:
League Two - Cheltenham W11/4.
League One - Swansea (lost on pens in final) - L3/1.
Championship - Watford given before final - W13/10.
plus
England v Belarus - Over 2.5 goals W1.83.
Swansea v Barnsley - Over 2.5 goals W13/10.

To Monday 22nd May

US GOLF:
Since 1st April in 8 tournaments -
Bell South Classic: PHIL MICKELSON WON 8/1
US *******: PHIL MICKELSON WON 13/2, RETIEF GOOSEN T3rd 20/1 (adv)
Shell Houston Open: STUART APPLEBY WON 33/1
Wachovia Championship: JIM FURYK WON 20/1, LUCAS GLOVER T4th 50/1
Byron Nelson: ADAM SCOTT T3rd 22/1 (adv)
The Colonial : ROD PAMPLING 3rd 40/1 (adv), ARRON OBERHOLSER T4th 33/1

Tuesday: Grimsby bt Lincoln WON 6/4
Friday: Salford bt Wigan WON 4/7, Salford -4pts WON 10/11
Saturday: St Helens bt Bradford WON 4/11, St Helens -6.5pts WON 8/11
Sunday: Watford to be promoted WON 5/6

To Monday 15th May

GOLF: ADAM SCOTT - Byron Nelson Championship - T3rd 22/1
Scott nearly made it 5 wins in the last 7 US tournaments.

GOLF: PAUL CASEY - British ******* - T5th 20/1

FOOTBALL:
Seville to beat Middlesbrough in the UEFA Cup final W7/5.
Watford draw with Crystal Palace (Championship Play-Off 2nd Leg) W12/5.

To Monday 8th May

GOLF: JIM FURYK - Wachovia Championship - W20/1
GOLF: LUCAS GLOVER - Wachovia Championship - T4th 50/1

The service was only in operation for three days of this week as Keith took a short - but deserved!! - break from the line. However, the victory of Furyk still made it another big winning week for members.

To Monday 1st May

GOLF: JOSE MANUEL LARA 40/1 & MATTIAS ELIASSON 40/1 (T3rd Spanish Open)

Plus - Lara beat Castano (sole match bet) by 13 shots.

FOOTBALL:
Monday: Fulham to bt. Wigan W6/5
Tuesday: Villareal v Arsenal draw W9/4 & NFGS W13/2
Wednesday: Liverpool to win at West Ham W10/11
Thursday: Middlesbrough to bt. Steaua W5/6
Saturday: Blackburn to win at Charlton W8/5

RUGBY LEAGUE:
Handicap bet: Bradford bt. Les Catalans (-22 pts) W10/11

To Monday 24th April

GOLF: STUART APPLEBY WON 33/1 (by 6 shots)
'Best E/W Value'
"Unnoticed Stuart was T19th (his Best Ever Finish) in the *******, and he was 13th for GIR and 16th for putting. That's solid form and will give him confidence. He won the event in 1999 so he's won in Texas and is a superb wind player. A 7-time winner in the States, he'll be inspired by a fellow Aussie, Baddeley, winning last weekend."

No.1 European: Simon Dyson T5th 35/1 (adv).

FOOTBALL:
Man Utd to win 2-1 at Spurs W8/1, Arsenal to beat Villareal W4/7, West Ham to beat Middlesbrough W15/8.

RUGBY LEAGUE:
Only one game covered: Salford +12 to win on Handicap W10/11.

To Monday 17th April

FOOTBALL: 'SPOT ON' ANALYSIS OF LIVE TV GAMES

Monday (TV): Grays W5/6

Wednesday (TV): Portsmouth v Arsenal c/s 1-1 W6/1 & Middlesbrough v Charlton W11/10

Friday (TV): Sheffield Utd to win at Cardiff W6/4 & Wolves v Watford draw W9/4 and c/s 1-1 W6/1

Friday - THREE PREMIERSHIP BETS GIVEN FOR SATURDAY
Portsmouth bt. Middlesbrough W4/5
Fulham bt. Charlton W5/4
Double W3/1

Saturday (TV): Chelsea win at Bolton W4/6

FOOTBALL BEST BETS: Monday (W4/5), Wednesday (W11/10), Friday (W4/5) & Saturday (W4/6)

Monday to Saturday inclusive - 7 TV games, 6 CORRECT (only Man Utd 0-0 wrong!)

TOTAL: 14 bets, 10 winners, LSP 14.4pts, 100% return

To Monday 10th April

GOLF: US *******
No.1 pick Phil Mickelson W13/2
No.2 pick Retief Goosen T3rd 18/1 & 20/1 (adv)

Top Aussie Rod Pampling W9/1 (DH)

Sole 3-ball bet W1/1
Sole Match bet WON by 12 shots!

FOOTBALL: Whether midweek European or weekend premiership action, superb analysis led to:

Champions League
Juventus draw with Arsenal W13/5
Barca bt Benfica W6/1
AC Milan bt Lyon W4/5

Saturday Premiership - 3 games analysed
(TV) Wigan draw with Birmingham W13/5 & Under 2.5 goals W7/10
Portsmouth v Blackburn - Over 2.5 goals W23/20
(TV) Spurs bt Man City W4/6

Sunday Premiership - 3 games analysed
(TV) Best Bet - Man Utd bt Arsenal W11/10
(TV) Liverpool bt Bolton W1/2
(TV) Chelsea bt West Ham W1/3

RUGBY LEAGUE: Saturday - Best Bet - Warrington (+14pts) W10/11

To Monday 3rd April

GOLF: The Bell South Classic
* Phil Mickelson W8/1 by 13 shots.
* Sole match bet WON by 6 shots.
* 'In The Know': Padraig Harrington a LAY - "Following last week's MC, Harrington has changed all his golf grips so this is now a 'get things right week' - it will take a few competitive rounds to sort this out." - Harrington was a Lay in the Top European (8th) and Outright (51st) markets.

FOOTBALL: The big midweek TV games
Mon - Spurs to bt West Brom W4/9
Tue - Arsenal to bt Juventus W6/4
"I give Arsenal a real chance for 6 key reasons:
1. The Gunners didn't play on Saturday, whereas Juve played a really tough draining 1-1 draw with Roma on Saturday evening which they had to play with 10 men for half the game after Nedved's sending off.
2. Juve will be without Nedved so will be weakened on the left side of MF - Del Piero is another non-starter.
3. The CB's Cannavarro and Thuram may lack pace and could struggle against Arsenal's quick interpassing attacks led by Henry.
4. Let's remember Juve were very lucky to get through the last round in the dying minutes after a 'howler' by the Werder Bremen keeper and the German side scored 3 at home to Juve.
5. Arsenal at home have been in confident mood and the tight ground may not suit dangerman Juve winger Camoranesi.
6. No away side has won in the last 16 Champions League QF and SFs."
Wed - Man Utd to bt West Ham W4/11
"United should win but it may be by a single goal."
Thu - Basle to bt Middlesbrough W11/8, Delgado FGS W9/1 (first FGS bet of the week)
"Basle to win @ 11/8 SJ, FGS Delgado (Basle) @ 9/1 PP, BetFred
1. Basle are really strong at home - winning 5 of 6 Euro games this season and they're unbeaten there domestically in the last 3 years.
2. They did not play at the weekend whereas Middlesbrough played on Sunday, and we saw at Highbury on Tuesday how another home side, Arsenal, took advantage of that in the last 50 minutes.
3. Boro are without key players - CB Southgate and defensive shield Boateng who is a massive loss and star youngster Lee Cattermole is also out.
4. Delgado is a dead ball specialist, takes the penalties, and has 6 Euro goals this season."

Hi Adam

OK, I read through the whole thread and its a lot clearer now.

I think I understand how to do it and still can't believe the amount of money there is to be made.

I'm gonna try a few paper and test games and see how I get on.

Come on ladies - get involved, don't let the guys have all the fun LOL.

Hi Adam

I read this thread again just now and I think i'm gonna try a trade as the best way for me to learn anything is to jump in feet first and eyes open.

I signed up to Betfair yesterday and put a very small amount of cash in there.

There are three in play games today Australia vs Japan, USA v Czech Republic, and Italy v Ghana.

I'm gonna have a very small bet on the Australia vs Japan game - laying the draw and then backing the draw as soon as one team scores and i'll let you know how I get on.

Have just sent an email to you.

---
Right, I've layed the draw and the amount is a red minus figure - hummm, I don't think that was supposed to happen.

OK, Japan have just scored and I backed the draw but nothing happened and my amount for the draw is still a red minus figure.

I tried to logout as i've obviously not won anything, and there is a message saying I have "unmatched bets". This happened yeaterday when I tried with a £2 stake, I got a minus figure and the unmatched bet message and I didn't win a bean.

GRRRRR - What am I doing wrong - I thought I'd win something for my £12 stake (I thought I was betting £5 but it took more!! - this is just too funny Haa-Haaa)

Never mind - this time next year i'll be a miwionnaire LOL

--

OK latest update, I just checked to see how much I lost and i won a few pence so at least i haven't lost!!

Still don't know what i'm doing though LOL!!

Roxanne, top marks for perseverance!!

If you lay the draw you're thinking it WON'T be a draw, ie for instance, I layed the draw in the Holland v Serbia match. For example and to keep it easy I'll say the odds were, 3.5 for the lay draw. Once Holland scored I then backed the draw at odds of 6.5 giving a profit if Holland went on to win which they did.

Remember the odds on the back side have to be higher than the odds on the lay side to make a profit, ie you lay at 4.0, a goal is scored you then back it at whatver the odds go out too, 6.0,7.0 etc...

Also, be careful with unmatched bets and always cancel them with the button at the top or they may be taken later on and you could lose money.

Hi Adam

I bet on all three games yesterday Australia vs Japan, USA v Czech Republic, and Italy v Ghana and came out about even.

Ahhhaaa, I knew I was doing something wrong - the odds on the back side were lower than those on the lay side on all of the games. I get laying and backing now, but I wasn't sure about the odds.

So what happens when the odds on the back side are lower than the odds on the lay side after a goal is scored? Its not worth backing the draw then is it coz you’re not gonna make any money.

And just to check, I should be backing “the draw” and not the country that has just scored right? And the liability is the amount Ican lose? So I can't bet on anything with a liability higher than in my account?

I like this – just gotta win a few sheckles now to prove I’m doing it right.

Cheers

Ok, say the start of the game, to lay the draw, which basically is saying you don't think it will be a draw, ie you're opposing the draw, the odds are 4.0. As the game goes on without a gola, the odds will drop, from 4.0, to 3.95, to 3.90 etc...the longer the game goes on without a goal the lower the odds become on the lay side. Now once a goal comes, the odds then shoot up from anything up to 10.0! this is when you then BACK the draw and make a profit.

If you go into Betfair and pick a game, say Togo v S Korea on the match odds. Above the 'refresh' button there is one saying options. Click in it and make sure all of the boxes have ticks in, and the bottom lay box is red, (should be defaulted anyway).

Now go back into the match odds and play around with figures without putting a bet on, ie put down 30 pounds on the lay to draw which is currently odds of 3.4. You'll see in the boxes your profit of 28.58 if either side win because you're laying the draw and saying it won't be a draw.

Now imagine the game has started and after 10 minutes S. Korea have scored, hoorraaayyyy, just what you wanted! the draw price will have gone from what it was at the start of the match when it was 3.35 up to something like 6.5 once the market has settled down. So, go into the back draw and play around. Put in the odds for 6.0. Then, put in different amounts and you will see the figures in either red or green. You want to be GREENED UP ACROSS THE BOARD SO WHATEVER THE OUTCOME YOU WILL WIN MONEY.

I have put in 17 pounds at odds of 6.0 on the back side of the draw. Now we're all GREENED UP and have a profit of 12.38 whatever the outcome of the match.

At this point you can crack open a beer, smile and relax. :0)

I've included screen shots below.

What can go wrong? Well if there is no goal after 65 minutes you should trade out for a small loss by REDDING UP across the board. This can happen of course, we don't win everytime!

This is just a bit of a lesson for beginners, hope it helps. I believe there will be golas in all 3 games today.

Hi Adam

Thanks so much for the step by step account - THAT was just what I needed, someone to walk me through the process and be patient of my baby steps. I'm sure others will appreciate your explanation as well.

Two things - I couldn't open your files for some reason, can you put them in a Word page and can you also confirm that I have to be able to cover the liability amount with what’s in my account before I can bet??

Thanks again, now go and have a cold bear and relax

Enjoy

Originally Posted by investor

And I thought FOREX was complicated. This is a different language and I don't even know how to say 'two beers please'.
Looks like Adster is fluent though.

Will make this a STIKKY.... it deserves this much.... have a ball & beer EVERYBODY....

YB.

Originally Posted by foxella

Hi Adam

Thanks so much for the step by step account - THAT was just what I needed, someone to walk me through the process and be patient of my baby steps. I'm sure others will appreciate your explanation as well.

Two things - I couldn't open your files for some reason, can you put them in a Word page and can you also confirm that I have to be able to cover the liability amount with what’s in my account before I can bet??

Thanks again, now go and have a cold bear and relax

Enjoy

Welcome Roxanne, hope it helps, it's just the basics really. I've put them in word, you can now open them.

Yes, you do have to have the funds to put the trades on. Just start off small or even paper trade for a while. Watch the game and have your betfair screen open at the same time and you'll see the odds move. There's no rush to get into this for beginner's, there's sport on all the time so don't worry. Better to get in slow than losing a load of $$$'s as you're not sure what to do.