The BTC Football Trading Thread
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Ahhh ok @Ben-Dobie @Finn-Kristensen @Darri
I still don’t get it then
sorry Ben I must be way off and it wasn’t my intention to put down your performance tonight at all. It seems to me that maybe I’m overstaking still. If 1 point is 1% and I’m risking 3% to make 1 point. Happy to be wrong and something to look at going forward. -
A pt for me is simply the amount I've worked out I can stake in a single bet (max liabilities etc). For me it's around. 2% of my bank which means laying 3.5 I'm laying almost 5% liability. When I lay over this I lay less than a point and as such decrease my liability from otherwise going way over the 5%
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@ben-dobie I do 1 point = 1% of your bank so if you made £8 from a £100 bank then you made 8%= 8 points
well done mate -
@chris-osborne said in The BTC Football Trading Thread:
@richard-latimer said in The BTC Football Trading Thread:
@chris-osborne said in The BTC Football Trading Thread:
@chris-osborne said in The BTC Football Trading Thread:
@matt-wood said in The BTC Football Trading Thread:
Anyone hanging on for a 2nd goal from Vaduz or taking the green now?
Too much liabiiity for me on the layof Schauff I played it differenty and backed Vaduz on a split stake. Will stay in for a bit they are vell on top according to the stats
There it is, only trade today and two units profit if only that happened all the time
Nice. Glad it worked out. To put peoples mind at rest there hasn't been a single loss on these where the liability has gone over 1pt since 11th July and that was Santander. They do happen of course they do, but with way less frequency than the odds laid each time sugest.
In over 100 selections since the restart there have been only 9 losers which went above 1pt. I know instantly that one of those could have been removed when Dortmund played kids and I was still laying teams who had nothing to play for regardless.
That takes it down to 8 from over 100.
Fair enough and I understand what your saying. I just don’t like placing a lay trade at odds over 3 preferably 2.5 and below which to be fair most of them are.
I will back the favourite on a split Stake strategy when odds to lay get too high for me. That’s just the way I want to do things we all have a different approach and trading style.
I know I don’t post that often but I’m super impressed with this strategy of yours.
Of course. To each their own.
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@richard-latimer said in The BTC Football Trading Thread:
@chris-osborne said in The BTC Football Trading Thread:
@chris-osborne said in The BTC Football Trading Thread:
@matt-wood said in The BTC Football Trading Thread:
Anyone hanging on for a 2nd goal from Vaduz or taking the green now?
Too much liabiiity for me on the layof Schauff I played it differenty and backed Vaduz on a split stake. Will stay in for a bit they are vell on top according to the stats
There it is, only trade today and two units profit if only that happened all the time
Nice. Glad it worked out. To put peoples mind at rest there hasn't been a single loss on these where the liability has gone over 1pt since 11th July and that was Santander. They do happen of course they do, but with way less frequency than the odds laid each time sugest.
In over 100 selections since the restart there have been only 9 losers which went above 1pt. I know instantly that one of those could have been removed when Dortmund played kids and I was still laying teams who had nothing to play for regardless.
That takes it down to 8 from over 100.
Fair enough and I understand what your saying. I just don’t like placing a lay trade at odds over 3 preferably 2.5 and below which to be fair most of them are.
I will back the favourite on a split Stake strategy when odds to lay get too high for me. That’s just the way I want to do things we all have a different approach and trading style.
I know I don’t post that often but I’m super impressed with this strategy of yours.
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@james-woodroffe said in The BTC Football Trading Thread:
@ben-dobie hey mate, now I could be wrong here but I’m of the understanding that 1 point is a 3% profit so the general rule is if you make 10 points profit per month that’s an increase of 30% of your bank. So I work on 3% = 1 point and 1.5% = 0.5 points. Like I said that might be wrong and just how I interpreted it but I couldn’t get my head around the whole point thing for ages. So that’s how I do it. “If” that’s correct you’re still up 2.5 points it doesn’t sound as great as 8 but if your starting bank is £100 and you aim for 10 points that’s £130 by months end. If you’re compounding then you can raise your stakes. 3% of 130 is £3.90 and you can go from there. Like I said I could be wrong but that’s how I work it and it helps keep me focused going forward. A small profit target of £30 by months end will take considerable pressure off you. It might not sound much but eventually over the course of a year it will increase dramatically and the pressure to hit targets won’t seem so much. I hope that makes sense and if I’m wrong then someone let me know.
I don't think I entirely agree with this tbh., James.
Usually, when a bank is not mentioned, it is assumed that we are talking a 100 points bank, which means that 1 pt. = 1%. Obviously, if you are running a smaller bank, 1 pt will be a higher percentage and vice versa. From what you're saying, you're working with a 33 points bank, since 1 pts = 3% (basically it's the same as staking 3 pts per bet/trade from a 100 pts bank).
The way Ben described it, he worked with a 100 points bank, and so had a set target of 100 points per month, since his expectations were to double the bank.
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@daniel-cooper this place is great there’s so many smart traders on here that just help people improve all the time. No ego no BS just a bunch of people who wanna make it work for themselves and others.
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@james-woodroffe hi mate thanks for coming back to me. I think I took.mynpoint system from a gambling point of view although I think some traders take the same view point I know there are different interpretations. Maybe that's why my 8 points sounded massive
but happy either way. Appreciate your view on it though mate and it makes sense .. I certainly won't be pressuring myself to double my bank each month once the bank grows -
@richard-latimer said in The BTC Football Trading Thread:
@chris-osborne said in The BTC Football Trading Thread:
@chris-osborne said in The BTC Football Trading Thread:
@matt-wood said in The BTC Football Trading Thread:
Anyone hanging on for a 2nd goal from Vaduz or taking the green now?
Too much liabiiity for me on the layof Schauff I played it differenty and backed Vaduz on a split stake. Will stay in for a bit they are vell on top according to the stats
There it is, only trade today and two units profit if only that happened all the time
Nice. Glad it worked out. To put peoples mind at rest there hasn't been a single loss on these where the liability has gone over 1pt since 11th July and that was Santander. They do happen of course they do, but with way less frequency than the odds laid each time sugest.
In over 100 selections since the restart there have been only 9 losers which went above 1pt. I know instantly that one of those could have been removed when Dortmund played kids and I was still laying teams who had nothing to play for regardless.
That takes it down to 8 from over 100.
That is truly excellent, Richard
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Its nice to see so much success in the forum!
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@ben-dobie hey mate, now I could be wrong here but I’m of the understanding that 1 point is a 3% profit so the general rule is if you make 10 points profit per month that’s an increase of 30% of your bank. So I work on 3% = 1 point and 1.5% = 0.5 points. Like I said that might be wrong and just how I interpreted it but I couldn’t get my head around the whole point thing for ages. So that’s how I do it. “If” that’s correct you’re still up 2.5 points it doesn’t sound as great as 8 but if your starting bank is £100 and you aim for 10 points that’s £130 by months end. If you’re compounding then you can raise your stakes. 3% of 130 is £3.90 and you can go from there. Like I said I could be wrong but that’s how I work it and it helps keep me focused going forward. A small profit target of £30 by months end will take considerable pressure off you. It might not sound much but eventually over the course of a year it will increase dramatically and the pressure to hit targets won’t seem so much. I hope that makes sense and if I’m wrong then someone let me know.
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@chris-osborne said in The BTC Football Trading Thread:
@chris-osborne said in The BTC Football Trading Thread:
@matt-wood said in The BTC Football Trading Thread:
Anyone hanging on for a 2nd goal from Vaduz or taking the green now?
Too much liabiiity for me on the layof Schauff I played it differenty and backed Vaduz on a split stake. Will stay in for a bit they are vell on top according to the stats
There it is, only trade today and two units profit if only that happened all the time
Nice. Glad it worked out. To put peoples mind at rest there hasn't been a single loss on these where the liability has gone over 1pt since 11th July and that was Santander. They do happen of course they do, but with way less frequency than the odds laid each time sugest.
In over 100 selections since the restart there have been only 9 losers which went above 1pt. I know instantly that one of those could have been removed when Dortmund played kids and I was still laying teams who had nothing to play for regardless.
That takes it down to 8 from over 100.
Trading Spreadsheet linked below
https://www.dropbox.com/scl/fi/3gnk1vku1krkoyfcq37y6/Trading-Bible.xlsx?rlkey=01eqhp8u73s61iy2s814sqfll&dl=0 -
2 trades, 2 wins and things going very well indeed right now.
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@ben-dobie said in The BTC Football Trading Thread:
@finn-kristensen hi mate my understanding of points is 1 point = 1% of your bank so I'm still considering my start bank of £100 today I made £8 .... my target at the start of July was to double my bank...ambitious I know but I won't be far off. There have been a lot of ups and downs but I'm not making big losses now so I think I'm making progress
I'm happy to be corrected on my thought process here by the way
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@finn-kristensen hi mate my understanding of points is 1 point = 1% of your bank so I'm still considering my start bank of £100 today I made £8 .... my target at the start of July was to double my bank...ambitious I know but I won't be far off. There have been a lot of ups and downs but I'm not making big losses now so I think I'm making progress
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8 points is great and probably not far off some peoples monthly targets
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@finn-kristensen believe 25 points in one month sometimes happened but overal y need to go for 10 points a month and that is not to easy
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@ben-dobie said in The BTC Football Trading Thread:
8pts Green today best day for a while, 17 points off my target for the month. Best thing I ever did was take my bank back down to £100 And trade with £2 - £4 stakes. I don't say a lot on here but I take in a lot from what members say. Hopefully this month is the start of a real turn around for me after 12 months of trying to get it right. Appreciate all the posts on here they are invaluable.
8 pts in one day is absolutely amazing. You say you're 17 points off your monthly target (despite today's very green day). What is your monthly target, I may ask? It sounds very high to me.
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8pts Green today best day for a while, 17 points off my target for the month. Best thing I ever did was take my bank back down to £100 And trade with £2 - £4 stakes. I don't say a lot on here but I take in a lot from what members say. Hopefully this month is the start of a real turn around for me after 12 months of trying to get it right. Appreciate all the posts on here they are invaluable.
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Not to be at Wil but 3.25 points green for the night so happy with that and that’s me till tomorrow.
Go green if you’ve still got open trades or matches later gang.
