Introduce Yourself to the Community
-
@james-morris welcome mate! Im just up the road from you, im often in Southport as my partners from there! I think you only need to know certain things about the sport; motivations, rules etc. I don’t think you need an in-depth knowledge of every team or league. Just pick a sport and one strategy in that sport then when that’s working for you pick another strategy to develop.
Good Luck!
-
Thanks Martin I'll check out those links. In my mind I feel football may be "easier" on my stress levels than horses and fit in better around a full time job. I tried a couple (my first ever) football lay the draw at half time trades (following the guide and picks in the email) last night and both profited so that was a nice introduction to the site. Made £6-7 profit but that's equivalent of a lot of 1 tick scalping trades on the horses and was much less effort.
-
@james-morris welcome mate! love Southport beach always go there on a free sunny day!
any q's just ask either in the sports threads or here: http://forum.betfairtradingcommunity.com/topic/648/trading-q-and-a-megathread-ask-us-anything
best advice i can give you is pick a sport and stick to one to start with, horses, cricket, football and tennis are the main ones that people can make a living from. I have written the best points of all four so you can get an overview as to which would suit you best!
https://betfairtradingcommunity.com/en/blog/best-sport-trade-betfair-horse-racing
https://betfairtradingcommunity.com/en/blog/best-sport-trade-betfair-cricket
https://betfairtradingcommunity.com/en/blog/best-sport-trade-betfair-tennis
https://betfairtradingcommunity.com/en/blog/what-best-sport-trade-betfair-football -
Hi everyone, just signed up a couple of days ago and trying to find my way round - intro:
I'm James, mid forties, living in Southport.
I'm new to trading, in fact only placed my first ever bet in March this year when I started matched-betting. I've been using Bet Angel for the past month or so scalping horses, pretty much breaking even overall (the usual, earn a little, lose a bit more, earn lots of littles, lose some etc). I built some bank with matched betting (earning around £800-£900 profit a month) mainly concentrating on 2nd place refunds (William Hill) and each way no-lay value betting. I want to now use this bank to get into trading. I'm especially interested in automating trading and collating data.
My background is in analytics / computing. I've a degree in applied statistics and computing, and work in "big data" where I manage a team of developers building and supporting a Teradata data warehouse. Previous to this role I worked in decision analytics. I've basically been in managing IT development teams for many years so am not very hands-on with coding, which I miss so hope to get back into that under this venture. At worst, some of my team may find they get odd looking coding assignments over the next few months (I have a developer interested in working with me on this so can get some technical help).
I'm a bit overwhelmed with ideas, systems, books and tools at the moment so really need to focus on one thing at a time. I'm teaching myself Python at work (handy as we have some code in production system written in Python which needs updating so I have an excuse). Studying the Betfair programming and Betfair trading techniques books by James Butler.
I'm a complete idiot when it comes to all sports, never followed any so the whole thing of sports trading (and matched betting) was alien to me 6 months ago. I'm learning a lot, and that's why I joined this community as my original thought was to learn a bit about trading on football and I'd heard about someone blogging on their dobbing/horse strategies. I'm conscious that my lack of knowledge on the sports isn't helping, but also I have no bias or gut feeling about teams/horses etc so can gain insight from data.
First off I'd like to get some basic automation running in Bet Angel. I'd then like to focus on collating appropriate data sources and tools and building up datasets to drive my trading in whatever areas I choose to develop longer term. I've looked at various data providers (e.g. in-running trading tool, timeform, inform racing etc) but not pulled the trigger yet as not sure which bring benefit to what. Before all that though I want to get better at basics, and get my trading into profit to build some confidence.
-
@ryan-carruthers said in Introduce Yourself to the Community:
@jarratt-perkins Wonder how many degrees are?
Mine was in Physiotherapy lol
My degree was in Theology!!
-
@dave-jessop its crazy isnt it how someone with maybe 2-3 years worth of actual working experience can just be overlooked by someone with no experience, only research of how to do it. Its why iv gone to uni to do something which is hands on and an actual skill instead of some sort of theory based work. That way i get experience and a qualification to fit both criteria
-
@dave-jessop spot on, however because they are increasing numbers, jobs are now requiring minimum entry of having some sort of qualification. Its becoming harder for those with just experience to get into these types of jobs. Its a vicious cycle which like you say is good for revenue
-
@jarratt-perkins i think your spot on there, every year the entry requirements to get in come down. Its just stats for government to show off. I do however believe that some universities and courses still have standards, its the students that actually pick a degree that will suit their career rather than those that pick it cause they enjoy the subject that get the most from it
-
Now it's about the ££££ so they let anyone in!
-
@jarratt-perkins Wonder how many degrees are?
Mine was in Physiotherapy lol
-
Sports Science - Major runner although spent last 5 or so years badly injured with my Achilles.
I now work in IT so that degree was pointless lol
-
@jarratt-perkins
I don't mind you saying it at all matey, BTC is always on the hunt to improve and everything we can do to make it better. That's one of the reasons we are working on a horse racing software as we see how active football threads can be - software giving people selections and ideas to bounce off each other its thriving. Those guys you mentioned started smashing it up on the horse racing thread it drove loads of engagement - we shall be adding software in.
Looking forward to your post later
Wicked! What did you study? -
So, for a while the forum was a bit dead (Hope you don’t mind me saying that) but I have to congratulate the work @Charles-Cartwright has done with sharing his trades and thoughts in very good detail and especially @Dave-Jessop and @John-Folan for showing how they develop their ideas and also how it changes as it goes. I also love how they have shared their bots and also selections. I see a lot on the internet about traders losing their edge if they share too much, but I don’t believe that.
So I have taken Johns SIR DOBS and started to run the automation on selections and I have had few ideas on improvements which I will share later today and I am looking on using Charles selections as they are making him money and he is a very knowledgeable guy clearly so I would be silly to go against it and not join his journey
. So, the other thing I hate is when people just take. These guys are doing this for free and are happy to help others, so I decided to get involved because I believe it works both ways and I don’t want to be just taking all these ideas without contributing.Love Notts – Actually, a Yorkshire man but my wife and I went to Uni at Trent and basically just stayed here lol
-
@jarratt-perkins Spot on!! Love it
May I ask as you have been a self confessed lurker in the community what was the switch that made you want to comment buddy?Not far from me in Nottingham matey, cracking place. Like the goals as well
-
Hello All,
I have been lurking in the forum for a month now and thought I would start contributing to the conversations and provide help where I can.
I am hoping getting involved in some of the projects and providing my input, will help myself as well as others.
Who you are? My name is Jarratt Perkins and when I am not trading, I am usually running
Where you are from? Nottingham
What stage are you at in your trading journey? I will call myself medium and a high to low scale. I know what to do but could be A LOT better.
What's your background? I usually trade on football - second half goals ltd mostly and go by watching the game (I don’t like football which infuriates my wife lol) and going in with no stake limit or stats to back up my selections just feel which can go wrong! Luckily, I have had success in this, but I am now looking for a more structured automated portfolio that I can set and forget. I am also looking to get involved with the NAGS more as I love horse racing and the stats behind it and have also bet on these in the past but never really looked from a trading point of view.
I have a server at home which I run Bet angel on and have some Python scripts that are currently scraping results so I can automate my picks quicker (This what I have done this last month).
My usual goal is to get enough for a Laptop or a holiday. Nothing too big, but now, I would like to build a bank and use it as a second income.
Why did you join BTC? I have dropped in and out for a year now but never been fully committed and I think I will need this group to help me pursue my goals and keep motivation
What do you hope to get from the community? What are some of your trading goals? I think I explained these last 2 points above
If nobody minds, I would like to just dive into the open convos and get cracking. Although I have not said anything, following the convos it seems I already know you guys a little lol -
Who you are? - Dai (Welsh name for David)
Where you are from? - West Wales but now living in Cardiff
What stage are you at in your trading journey? - Still in the early days trying to find my feet and a bit of structure in my trading. Joined the BTC last year looking for some strategies to try and implement but I ended up just trying a little bit of everything over staking, going back in to gambling mode, chasing loses, blowing banks etc and just being an erratic mess if I'm being honest.
Since then I have taken a break from trading and have just been studying the fundamentals of what it takes to become a successful trader i.e the phycological side of things, bank management, having an edge, being disciplined and patient etc.What's your background? - Left home when I was 21 and just went and travelled the world for the past 6 years (Australia, New Zealand, South East Asia, Indonesia. (mainly worked in construction along the way ). Had to return home end of last year due to my visa being up in Australia.
Why did you join BTC? - Re joined because I remember it being a helpful, friendly community last time even though I didn't really engage, will try to do so more this time around.
Also it doesn't matter how much I try and theoretically study about being a successful trader I still need to spend time in the markets to become one and am hoping I can pick up a lot of value from some of the senior members in here to help me do so.What do you hope to get from the community? - My plan is to really focus in on a few strategies to master starting off to give me that confidence in what I am doing , the problem I have is I do find it quite overwhelming at times as In there's countless strategies for every sport and there are many different angles in which to trade each one.
Also i'd like some advice on when to tweak/when to bin. I know that if you have an edge in a market and you're staking sensibly over the long term probabilities will be in your favour, the variance will even out and that % edge you have will eventually pay off and you will need patience and discipline to get to that point but how long in to trying something out should you start to question if you actually do have an edge and you're not just slowly wasting time and money with your system.I'd say football and rugby are my favourite sports. I'm looking to try an focus on football at the moment.
Would you suggest using a select few of the filters which have already been tested and proven profitable and just giving it time?
What are some of your trading goals? -
short term: focus in a select few strategies and nailing them, being + points in each over the next 6 months then build from there.
medium term: have a portfolio of different profitable strategies from different sports
long term: to go full time so when I go back traveling and can do this for a living ( a hell of a lot of work needed before then, I know) -
@dave-jessop Cheers buddy!
I'll definitely be taking a look at Ryan's mentality videos!
-
Hi all!!!
Who are you? Pete Nisbet
Where are you from? Cornwall
What stage are you at in your trading journey? I'm a beginner. I've had a couple of attempts at trading that lasted a couple of months. Limited success with overs and LTD but my biggest downfall was my lack of discipline!
What's your background? I'm a small business owner.
Why did you join BTC? To improve my trading and meet like-minded people who enjoy trading too!
What do you hope to get from the community? Ah, I think I answered this above.
What are some of your trading goals? I don't have many goals. My previous attempts at trading showed me that you need to take things step by step, don't go in with all guns blazing! It might sound a bit unambitious but my first goal is to have a profitable month - and then build from there.Looking forward to getting going!
-
@jordan-kane welcome to the community buddy! Great that you are here, you’ll fit in great anything you need let me know.
