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This morning did not go to plan and I suffered my biggest loss of the year – but it’s not all my fault!
The positive thing is the loss falls within my limits so at least I stuck to money management rules. Now the negative things…..
Betdaq
The first time I have tried to use them for F1 betting and what happens – disaster! I logged on before the race to be faced with a message stating something along the lines of *unplanned outage* and the whole Betdaq site was down. I had taken a position on Kimi which although turned out to be a loosing one was the right position to take. I would have been able to trade out for a loss but one that was within my planned stop loss for that trade. As it turned out I lost the whole stake!!
To add insult to injury, I was trying to access Betdaq from my laptop and kept refreshing it during the race to see if it was back up – it never worked. After the race I tried to access it on my desktop pc and it worked – refreshed the laptop – still down!. I have no idea when the site went back up and I may have been able to salvage some of the stake but seems my laptop browser kept refreshing the cached page rather than loading a new one.
I didn’t have enough funds in Betfair to lay off the bet with them – maybe a good idea in the future to make sure I can cover bets across both sites.
Crap happens and this is the first time this season I’ve had a ‘technical issue’ so I should count myself lucky the overall loss did not exceed my limits.
The situation with Betdaq didn’t put me in the right frame of mind to trade. Had I not already taken some positions I would probably have not done anything on the race and just accepted a loss on Kimi. Instead my whole race was spent trying to close positions to reduce overall liability and stop the day turning into a complete nightmare.
The race itself was straight forward and didn’t provide many chances to trade. Had I been able to exit the Kimi trade I would have backed Lewis and things would have been different.
The blog
My biggest disappointment is the fact I spent all week posting and was hoping it would be a good example of what I do. Instead all the build up has turned into nothing and it feels like a waste.
Hopefully if you did follow me through the week you got an idea of my thinking and trading style.
One more positive
I moved a lay of Lewis for the championship to a back before qualy so this may help reduce some of the loss. (That’s if he doesn’t throw it away again)
See you in two weeks time.
The positive thing is the loss falls within my limits so at least I stuck to money management rules. Now the negative things…..
Betdaq
The first time I have tried to use them for F1 betting and what happens – disaster! I logged on before the race to be faced with a message stating something along the lines of *unplanned outage* and the whole Betdaq site was down. I had taken a position on Kimi which although turned out to be a loosing one was the right position to take. I would have been able to trade out for a loss but one that was within my planned stop loss for that trade. As it turned out I lost the whole stake!!
To add insult to injury, I was trying to access Betdaq from my laptop and kept refreshing it during the race to see if it was back up – it never worked. After the race I tried to access it on my desktop pc and it worked – refreshed the laptop – still down!. I have no idea when the site went back up and I may have been able to salvage some of the stake but seems my laptop browser kept refreshing the cached page rather than loading a new one.
I didn’t have enough funds in Betfair to lay off the bet with them – maybe a good idea in the future to make sure I can cover bets across both sites.
Crap happens and this is the first time this season I’ve had a ‘technical issue’ so I should count myself lucky the overall loss did not exceed my limits.
The situation with Betdaq didn’t put me in the right frame of mind to trade. Had I not already taken some positions I would probably have not done anything on the race and just accepted a loss on Kimi. Instead my whole race was spent trying to close positions to reduce overall liability and stop the day turning into a complete nightmare.
The race itself was straight forward and didn’t provide many chances to trade. Had I been able to exit the Kimi trade I would have backed Lewis and things would have been different.
The blog
My biggest disappointment is the fact I spent all week posting and was hoping it would be a good example of what I do. Instead all the build up has turned into nothing and it feels like a waste.
Hopefully if you did follow me through the week you got an idea of my thinking and trading style.
One more positive
I moved a lay of Lewis for the championship to a back before qualy so this may help reduce some of the loss. (That’s if he doesn’t throw it away again)
See you in two weeks time.
Well tired! but the scope of our life should be "to win the race this is last chance" to forgive think this is first time to forgive but make a note to count the mistake.
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teffjohn
Sport betting guide