- このトピックは空です。
-
投稿
-
Trading sports online may be an extremely profitable pastime and as a growing number of people get involved that implies just one thing… liquidity. With the invention of the betting exchange and the rise and rise of the main one, Betfair, there is increasingly more income being traded on sports.
From horse racing to tennis and football to greyhound racing there are various markets to select from and focus on. You’ll find even markets for financials and politics.
In-play betting and the capability to place “lay” bets have revolutionized our ability to cash in on these markets (for all those not in the know a lay bet is betting that an event will not occur ie a horse will not win a race). Just watch any in-play tennis match and see how the odds move. Making experience of these patterns and developing successful strategies to make regular profit will be the holy grail for a lot of men and use emsed.stanford.edu women.
The basic theory behind all this really is that you will need to back at an increased price than you lay. It really is the same as business all around the world, you buy a product at one price and you sell it at another, the main difference between the 2 being your net profit.
An example is I back a horse at 2/1 for Ł100. That is 3.00 in decimal odds. If it wins I win Ł200 and acquire my stake back. Prior to the start of the race the odds come down to 6/4 or 2.50. I then lay it for Ł100 and if the horse wins I have to pay out Ł150. The difference between my back winnings and my lay liability is Ł50. That is what I would win if this horse wins and if it doesn’t, I lose nothing! A cost-free bet. The really neat trick is to “hedge” your winnings out so you win the exact same amount regardless of which horse wins. Within the above example I could lay the horse for Ł120 guaranteeing me a Ł20 profit.
The obvious problem is what happens if the odds rise? You are left with a bet you can not sell or get rid of without losing at least some of your stake. This really is where the difference between traders and gamblers comes in. A gambler takes risks as a way to possibly achieve a profit. A trader is pleased to take a series of small losses safe in the knowledge that the wins will outweigh the losses.
There are lots of and varied approaches to trading however the most significant thing is discipline. As soon while you fail to close a trade that has gone against you you are no longer trading but gambling. Sure, you might get away with it but when it goes wrong you will surely lose a great deal more than you bargained for. The most effective way to focus your thoughts and prevent the gambling tendency arising is to work to strict strategies with defined entry and exit points.