• Here you will find all the information that you need to get started and maximise the forum

    522 Topics
    4k Posts

    Hi, my name is Allan. I’m 44 years old and originally from Denmark, although I’ve been living around the world. I’m back after a couple of years’ break, and I’ve once again found the time and motivation to pursue becoming profitable in sports trading.
    I have many years of experience in gambling and trading, with a background that spans everything from slot machines, poker, horse racing, tennis, casino games, and much more. Today, I divide my approach into two categories:

    list item1. Gambling – I see this as fun entertainment, and I only play games I understand well enough to keep my negative EV as low as possible.

    list item2. Sports betting/trading – I’ve traded more than 2,000 matches and have made all the beginner mistakes along the way so I’m familiar with the different mechanisms behind it and I’m ready to move on. - My goal here is to become profitable and hopefully one day be able to make a living from it.

    My target

    Achieve profitability within the next six months, I’m able to dedicate 30–40 hours per week to the process. My bankroll is $25,000, I will document the journey with weekly updates. Can BTC help me?
  • Place to discuss all things Football

    420 Topics
    87k Posts

    Ekstraklasa goes from being one of the main players to nothing but a supporting cast member in one day with half the profit chalked off.

  • Place for all talk of horse racing

    116 Topics
    13k Posts

    @Sam-roberts made a megathread a while back if you want to run the numbers on these: https://forum.betfairtradingcommunity.com/topic/3531/horse-racing-strategies-megathread/2

  • 2k Topics
    36k Posts

    @Adam said in TODAYS BUDGET AND NEW TAXES:

    It seems horse racing won't be hit quite as hard, but only because the Horserace Betting Levy already exists:

    A new rate of General Betting Duty will be introduced for general bets made remotely (for example online) from 1 April 2027. The remote rate of 25% will apply to all remote betting other than remote bets on UK horseracing which will remain unchanged, in line with land based betting, in recognition that operators contribute 10% towards the statutory Horserace Betting Levy, resulting in an existing de-facto 25% rate for bets on UK horse races

    There will be indirect effects though - less sponsorship from bookies, less marketing, fewer bonuses etc.

    Casinos are being hit the hardest:

    The new duty rate of 40% will apply for accounting periods that begin on or after 1 April 2026 and will be chargeable on profits on remote gaming from that date onwards.

    But don't worry, you can avoid remote betting by having a weekend away and betting at the venue instead. Then you just have to pay an extra 3p per mile for driving your EV there and a tourism tax on your Airbnb or hotel.

    If you're lucky enough to get a win, make sure you immediately spend it and don't put it in your bank account, or you'll pay an extra 2% tax on any savings you have!

    This government will probably tax us for oxygen intake in the next budget!

  • Training section for members

    6 Topics
    69 Posts

    @MICHAEL-ROBERTS said in Masterclass Training Lesson 1: Win Big on Betfair - Betfair Trading Explained:

    MINDSET:
    a. Stop chasing loses, learn to expect them..... its not a bad thing!
    b. Stop sulking, it doesnt get you anywhere!
    c. Stick to your trading plan
    d. Stick to your staking plan
    e. Learn to walk away
    f. You dont have to trade hundreds of trades to be successful

    Patience and sticking to the plan, i'd say even higher-than-normal level of patience is required here. Best example - today's Liverpool game...they were all over "Foxes", yet only one goal, and pretty late-ish in the game.

  • 12 Topics
    2k Posts

    @Lee-Greener might be worth contacting BFBOT customer service and seeing what changed on the new version?

  • Blog posts from individual members

    81 Topics
    8k Posts

    @Shannon-Townsend good idea to trade with no distractions, not surprised it's gone well doing that!