Thursday, 19 June 2008

So.... here we go !!!

I've spent the last days experimenting with the betting site and some applications. Euro 2008 has been an eye opener... i've been up, down, even...some teams have let me down some exceeded my expectations. I've used trading software, betted on rank outsiders and sure favourites. from all of this, i have developed some sort of a plan....
1. Tennis - First round of competitions bet on the top 5 strongest players. its highly unlikey that someone like Nadal will lose in the first round. Its as guaranteed a win as you are likely to get, all thhough the return is small.
2. bet on cricket -'live in play' unlike football, which can be too fast moving, there is plenty of time to hedge a position in cricket betting if things start to go against me.
3. trading on horses 20 minutes before the race. By laying and backling the favourite a number of times, i can make a situation where i can hedge my bets and have a profit 9small) no matter which horse wins.
To do this, i've been using the bettrader pro software, which i will publish a link too later on tonight.

Personal rules.
1. Don't chase losses
2. let profits run
3. Hedge at the earliest opportunity
4. concentration
5. discipline

i've upped my betfair account to £50, and starting today will publish my results for each day as i get on... wish me luck !!!!

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