The BTC Football Trading Thread
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@finn-kristensen said in The BTC Football Trading Thread:
@lee-woodman said in The BTC Football Trading Thread:
@darri said in The BTC Football Trading Thread:
@johannes-van-leeuwen-0 Also 12-15% seems rather low?
Some people use ROI differently in sports trading, they use the calculation based on stakes rather than initial investment (like in the investment world). So if they had a 500 bank and grew it to 1000 then most people would see that as 100% but if in that process they had staked 5000 then some people would calculate that as 10% ROI. Same growth but wildly different figures. It can often be used to compare strategies
I think what you are discussing here are two different things, namely ROI (Return On Investments) and ROC (Return On Capital). ROI is your return based on your total investments (i.e., total stakes) while the ROC is your return compared to your capital (or bank) and so based on your figures, the ROI would be 10% while the ROC would be 100%.
Not if you Google it haha! I think I see ROI as you see ROC.
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@darri said in The BTC Football Trading Thread:
@lee-woodman best practise from my own experience is to stick to 1% of bank until you have a good amount of results to show. Then adjust your staking accordingly to your strike rate. If its say a higher strike rate your able to stake higher if its a low one always stay safe. Just strike rate dependant. I trade late goals and go through runs of losses but its all about knowledge of how good your start is at coping with those losses. There are many traders who trade 1-10% as long as its in line with their strike rate.
This is exactly what I've tried to automate for myself in terms of my implied strike rate. The higher the strike rate the less prolonged losing streaks and the higher you can stake. I've done excel calculations based on my longest expected losing streak.
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@lee-woodman said in The BTC Football Trading Thread:
@darri said in The BTC Football Trading Thread:
@johannes-van-leeuwen-0 Also 12-15% seems rather low?
Some people use ROI differently in sports trading, they use the calculation based on stakes rather than initial investment (like in the investment world). So if they had a 500 bank and grew it to 1000 then most people would see that as 100% but if in that process they had staked 5000 then some people would calculate that as 10% ROI. Same growth but wildly different figures. It can often be used to compare strategies
I think what you are discussing here are two different things, namely ROI (Return On Investments) and ROC (Return On Capital). ROI is your return based on your total investments (i.e., total stakes) while the ROC is your return compared to your capital (or bank) and so based on your figures, the ROI would be 10% while the ROC would be 100%.
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@lee-woodman best practise from my own experience is to stick to 1% of bank until you have a good amount of results to show. Then adjust your staking accordingly to your strike rate. If its say a higher strike rate your able to stake higher if its a low one always stay safe. Just strike rate dependant. I trade late goals and go through runs of losses but its all about knowledge of how good your start is at coping with those losses. There are many traders who trade 1-10% as long as its in line with their strike rate.
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@richard-latimer said in The BTC Football Trading Thread:
@lee-woodman said in The BTC Football Trading Thread:
@darri said in The BTC Football Trading Thread:
@johannes-van-leeuwen-0 Also 12-15% seems rather low?
Some people use ROI differently in sports trading, they use the calculation based on stakes rather than initial investment (like in the investment world). So if they had a 500 bank and grew it to 1000 then most people would see that as 100% but if in that process they had staked 5000 then some people would calculate that as 10% ROI. Same growth but wildly different figures. It can often be used to compare strategies
I used to make this mistake. Yield is what you're referring to.
that is correct lee
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@lee-woodman spot on mate, i was hoping he was referring to something other than the usual
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how is it possible thirth goal in ireland
that was it i think for today maybe 23 00 games
i had 3 overs 2.5
orgryte not matched
norway loosing one
and ireland game late winner +0.6 points -
@richard-latimer Yeah thats the one. It can be ok to compare 2 strategies, in particular automated ones
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@lee-woodman said in The BTC Football Trading Thread:
@darri said in The BTC Football Trading Thread:
@johannes-van-leeuwen-0 Also 12-15% seems rather low?
Some people use ROI differently in sports trading, they use the calculation based on stakes rather than initial investment (like in the investment world). So if they had a 500 bank and grew it to 1000 then most people would see that as 100% but if in that process they had staked 5000 then some people would calculate that as 10% ROI. Same growth but wildly different figures. It can often be used to compare strategies
I used to make this mistake. Yield is what you're referring to.
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@darri said in The BTC Football Trading Thread:
@johannes-van-leeuwen-0 Also 12-15% seems rather low?
Some people use ROI differently in sports trading, they use the calculation based on stakes rather than initial investment (like in the investment world). So if they had a 500 bank and grew it to 1000 then most people would see that as 100% but if in that process they had staked 5000 then some people would calculate that as 10% ROI. Same growth but wildly different figures. It can often be used to compare strategies
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good example of inplay stats being hard to solely rely on, flashscore has the legia game as having 9 shots on target whereas bet 365 have 3 on target, massive difference, hard to tell who is correct without watching, so stats should be an aide on your trading plan in my opinion rather than the only thing to look at. Hard when you have zero time to watch a game with family and work tho so maybe finding the average of both etc might help here?
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@eamonn-hogan said in The BTC Football Trading Thread:
@james-woodroffe said in The BTC Football Trading Thread:
@eamonn-hogan I did a split stake mate. 0.5 point for O0.5 and the same for O1.5FH.
so total one point? Is 2 points too much?
2 points isnt too much but just make sure your bank is split into 100, so 2 pts is 2%. Also if you are backing at evens then you could have maybe 8 losses in a row.....could you still place trade 9 without it affecting you mentally? If you couldnt then you need to reduce the stakes. Theres no harm in understaking, its less damaging than overstaking
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@darri said in The BTC Football Trading Thread:
here but yet again you just go off on ta
yes but i was trading the unders few min ago ha ha
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@johannes-van-leeuwen-0 i was willing to have a decent chat with you here but yet again you just go off on tangents. makes it hard to have a decent back and forth when you post like this bud, try to see there is more than one way to trade. Iv been vocal myself in the past but its better for you and others to accept others opinions on a forum
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@darri said in The BTC Football Trading Thread:
@johannes-van-leeuwen-0 2 points/2% of bank is not too much at all. As long as your strike rate can handle a few losses in a row then your free to adjust the staking to a reasonable level. I stake 2 points on my main bank on FHGs and Late goals
in that game i lay 0.2 points @1.5 and @1.25 total 0.4 points
but i do not stake so much .... this trade only 40eur and risk was 15 eur...
and in my test run over 2.5 i only stake 2 eur to see how it goes
900 games remaining -
@eamonn-hogan said in The BTC Football Trading Thread:
@liam-willis said in The BTC Football Trading Thread:
@eamonn-hogan said in The BTC Football Trading Thread:
@james-woodroffe said in The BTC Football Trading Thread:
@eamonn-hogan I did a split stake mate. 0.5 point for O0.5 and the same for O1.5FH.
so total one point? Is 2 points too much?
if 2 points is 2% of your bank then i dont think thats 2 much. it depends how you set up your points system. personally i use a % e.g if £10 is 1% of my bank then i split into 4x £2.50 but i make sure the late goals in the half give me max value
Bank is currently £200. 1 point =£2
I was going £1 at 21 mins, 29 mins, 34 and 39 mins. Total £4.Its ok when it comes in but if I had 4-5 losers in a row would set me back 16-20pounds. possible loss of 8-10 points.
Think I will now go 0.25 x 4.Max total stake 1 point (£2)
thanks for your help guys
to be honest mate thats similar to what i do and its volatile but if the filter is good you should be in profit cos games with goals over 39 mins should give you big profit. maybe the odds are not hitting so might be better setting an odds range rather than time range
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@eamonn-hogan 2% for me, worst ive had is 4 losses in a row and it happened in 1 day. Ive had 20 wins in a row though so i wouldnt worry about small clumps of results
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@johannes-van-leeuwen-0 2 points/2% of bank is not too much at all. As long as your strike rate can handle a few losses in a row then your free to adjust the staking to a reasonable level. I stake 2 points on my main bank on FHGs and Late goals
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@liam-willis said in The BTC Football Trading Thread:
@eamonn-hogan said in The BTC Football Trading Thread:
@james-woodroffe said in The BTC Football Trading Thread:
@eamonn-hogan I did a split stake mate. 0.5 point for O0.5 and the same for O1.5FH.
so total one point? Is 2 points too much?
if 2 points is 2% of your bank then i dont think thats 2 much. it depends how you set up your points system. personally i use a % e.g if £10 is 1% of my bank then i split into 4x £2.50 but i make sure the late goals in the half give me max value
Bank is currently £200. 1 point =£2
I was going £1 at 21 mins, 29 mins, 34 and 39 mins. Total £4.Its ok when it comes in but if I had 4-5 losers in a row would set me back 16-20pounds. possible loss of 8-10 points.
Think I will now go 0.25 x 4.Max total stake 1 point (£2)
thanks for your help guys
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@daniel-cooper remember a few months ago doing that- like a kid in a candy shop. Didnt take long before my teeth all fell out though