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I had the day off work for the F1 practice and noticed there were some decent looking friendly games on today. I’ve got an idea in my head as to how to attack this football trading thingy I for some reason thought would be a good idea, so today looked like a good starting point.
I hate friendlies and never put any money on them usually but I needed to just test out what I thought would happen would actually happen with the odds movement. I used minimum £2 stake and played 4 games.
I lost £4.71 in total with 3 losses and 1 win. Not a great start but then I knew luck would play a bigger part in this than my normal F1 trading so losses are to be expected.
I will keep trying as this will only be proved right/wrong with a large sample of games. Since I started this section of the blog I’ve been looking around for other traders who are making profits from football. It’s not looking good! Has anyone out there managed to make long term profits from trading football – I don’t mean 1 or 2 seasons worth, I mean long term?
I hate friendlies and never put any money on them usually but I needed to just test out what I thought would happen would actually happen with the odds movement. I used minimum £2 stake and played 4 games.
I lost £4.71 in total with 3 losses and 1 win. Not a great start but then I knew luck would play a bigger part in this than my normal F1 trading so losses are to be expected.
I will keep trying as this will only be proved right/wrong with a large sample of games. Since I started this section of the blog I’ve been looking around for other traders who are making profits from football. It’s not looking good! Has anyone out there managed to make long term profits from trading football – I don’t mean 1 or 2 seasons worth, I mean long term?
Trading? I figured you are going to punt on football not trade.
I figured so because football is one of the worst sports for trading. It has just a few key moments and even then the market gets suspended.
There are some that trade on No next goal and so on, but it`s alot of effort and one sudden goal can wipe out hours of work...
Best sports for trading are those that consist of what are effectivley set pieces like tennis and cricket. After that the sports where there is alot of volatility like basketball, waterpolo...
There is no volatility in football.
Good luck anyways! (Just don`t be to proud to switch a sport if it doesn`t turn that swell...)
When I say trade I don’t mean scalp. It will be a mixture of punting and then using trading to reduce losses as much as possible.
I agree it’s not the best sport to trade from the start but the problem is I don’t have much choice. I don’t know about enough about other sports and most of them are not at a convenient time due to the fact I work full time. If I had no job I would look at trading some of the other sports but at the moment it’s just not possible for me to take them on.
The purpose of this part of the blog is to see if it will work or not. Don’t worry, if it doesn’t work I will have no problems walking away!
Cheers.