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Not the best start to this little experiment as I made a loss on last nights Germany v Turkey semi final. I’ve not bothered with football for a while and this game reminded me why, although it could just be I was a little rusty.
In short I backed Germany as they looked good @ 1.5 but soon became apparent it would be no easy ride. When Turkey took the lead I moved some money over to them to reduce losses but at the same time forgot this would increase my liability on draw! What a dumb mistake – I now had twice my planned liability on a draw and it was no surprise to me when Germany scored whilst trying to think of a way out.
It was still early days so I left it – all I needed was a goal from Turkey to make a profit or Germany to make a very small loss. Eventually Germany scored and I thought about levelling up the book, seeing as I had twice the liability I intended but I didn’t. I left it and Turkey equalized. Another reminder for me as to how quickly things can change in football.
I’d given up at this point and accepted the loss- a tough reminder of what I should not be doing. It was only a 90th minute goal from Germany that saved the bank and what could have been the shortest blog ever.
It’s going to be harder than I originally thought and I’m going to reduce my stake size along with keeping details notes of everything I do. It’s a good job I started this bog because otherwise the amateurish attempts at trading last night would have been swept under the carpet –with the blog I have to post my stupidity for the world to read – motivation enough not to be dumb again.
In short I backed Germany as they looked good @ 1.5 but soon became apparent it would be no easy ride. When Turkey took the lead I moved some money over to them to reduce losses but at the same time forgot this would increase my liability on draw! What a dumb mistake – I now had twice my planned liability on a draw and it was no surprise to me when Germany scored whilst trying to think of a way out.
It was still early days so I left it – all I needed was a goal from Turkey to make a profit or Germany to make a very small loss. Eventually Germany scored and I thought about levelling up the book, seeing as I had twice the liability I intended but I didn’t. I left it and Turkey equalized. Another reminder for me as to how quickly things can change in football.
I’d given up at this point and accepted the loss- a tough reminder of what I should not be doing. It was only a 90th minute goal from Germany that saved the bank and what could have been the shortest blog ever.
It’s going to be harder than I originally thought and I’m going to reduce my stake size along with keeping details notes of everything I do. It’s a good job I started this bog because otherwise the amateurish attempts at trading last night would have been swept under the carpet –with the blog I have to post my stupidity for the world to read – motivation enough not to be dumb again.
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