Should I Use Lay The Draw Insurance?

This is a question I am asked from time to time so thought I would write a short post on the subject.

Firstly, what do we mean by insurance?

So, when we lay the draw or do any other trade we have a liability. Our liability is our maximum potential loss.

So if we lay the draw for for £10 at 3.5 our liability would be £25. 10 x 3.5 – 10 = 25.

By using insurance, we are willing to risk a little more liability in order to minimise our overall risk and try to avoid a bigger loss than we may otherwise experience.

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Winning Is Easy, Losing Is Hard

My recent rare spell of one point losses got me thinking and prompted me to write a short post about losing, our attitudes to it and how we can stop it eating into our confidence.

If you are new to trading, it’s easy to panic after a loss or two. Some will chase losses and blow their trading banks. Or if they just can’t stomach losing, give up all together. After all, that’s what real losers do isn’t it?

So how do you deal with losing trades or heaven forbid, losing runs?

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How To Place A Bet On Betfair Exchange For Less Than £2

At this moment in time, the minimum bet stake you can place on the Betfair Exchange is £2.

Sometimes though, you may want to place a trade for less than £2. For example, if you are testing a system or maybe you are new to football trading and want to test the water.

Whatever the reason, below I will show you how you can trade on Betfair for less than the £2 minimum stake.

The method is similar whether you are backing or laying. You can click on any of the images below to see a larger version.

The first step is to obviously open the market in which you wish to trade. In my case it is the Correct Score market in the Roma v Napoli game.

Correct score market Betfair Continue reading “How To Place A Bet On Betfair Exchange For Less Than £2”

What Are The Best Leagues For Football Trading?

One of the first steps when using any football trading system is to decide on which leagues you will be trading.

Not all leagues are created equal and whether you utilise the overs markets, lay the draw or both teams to score, the one thing you are going to need is plenty of goals.

Personally, I use lay the draw a lot and have a number of different variations such as LTD1 and LTD2, but regardless as to which I am using the fact remains that I will need goals so that I have as many opportunities as possible to trade out for a profit.

But which leagues are the best?

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Would You Take This Bet?

For anyone interested in football trading or Matched Betting I would fully recommend you watch this video below from Veritasium.

I first saw the video about a year ago just after starting my Matched Betting journey and found that it summed up matched betting perfectly, but also applies to football trading and how we should think about each trade that we place.

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