Trading Greyhound racing : Trading Greyhound racing

We've gone to the dogs.
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LeTiss
Posts: 4176
Joined: Fri May 08, 2009 6:04 pm

Wed Nov 22, 2017 3:25 pm

Yeah I agree with that. I can understand why Peter Webb would show P+L figures, as ultimately he wants people to see the benefit of trading, so he can flog his product. It's a bit like a guy selling burglar alarms, and part of his sales pitch is to show photos of burgled houses first.

However, if you're not selling a product, why would you show P+L to anybody else?
It either means they are bullshitters, or they are insecure and want to enter into a dick swinging contest

Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

Wed Nov 22, 2017 5:11 pm

+1

I think that, if a newbie has a really good day and feels they are making progress, and posts, 'I've made 50p today using £2 stakes, which is my highest total yet. Buzzing!', that's fine.

But, yeah, to post that you've made £500 in an afternoon when most people have to work bloody hard to make that much money is a bit crass.

Jeff
LeTiss wrote:
Wed Nov 22, 2017 3:25 pm
Yeah I agree with that. I can understand why Peter Webb would show P+L figures, as ultimately he wants people to see the benefit of trading, so he can flog his product. It's a bit like a guy selling burglar alarms, and part of his sales pitch is to show photos of burgled houses first.

However, if you're not selling a product, why would you show P+L to anybody else?
It either means they are bullshitters, or they are insecure and want to enter into a dick swinging contest

Emmson
Posts: 141
Joined: Mon Feb 29, 2016 6:47 pm

Wed Nov 22, 2017 9:26 pm

It either means they are bullshitters, or they are insecure and want to enter into a dick swinging contest
Wrong! I posted 2 videos of cricket games that were still in play to demonstrate how it could be done in a believable way.

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mcgoo
Posts: 242
Joined: Thu Jul 18, 2013 12:30 pm

Fri Nov 24, 2017 10:15 am

I seem to be on a posting fizz (not quite a frenzy) this evening. :geek:
Results (if genuine) showing profit from automated bots are personally of interest to me because 1. You want to trust in the product and know its possible 2. Someone out there is smart enough to do it which is encouragement 3. Its definitely possible(again) as it is easy to think it is not.We are all in this together so one hopes for a strong integrity/sincerity gene- Life is hard enough otherwise :D

Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

Fri Nov 24, 2017 10:48 am

mcgoo wrote:
Fri Nov 24, 2017 10:15 am
We are all in this together.
Not saying you're wrong, but don't forget that, in the market, your fellow forum members wish to divest you of your money. :)

Jeff

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mcgoo
Posts: 242
Joined: Thu Jul 18, 2013 12:30 pm

Fri Nov 24, 2017 11:02 am

Ferru123 wrote:
Fri Nov 24, 2017 10:48 am
mcgoo wrote:
Fri Nov 24, 2017 10:15 am
We are all in this together.
Not saying you're wrong, but don't forget that, in the market, your fellow forum members wish to divest you of your money. :)

Jeff
Appreciated :D .Detail for another time and place perhaps- but I guess I am influenced by a once in a generation martial arts man who can do seemingly magical things, who says most of what we do ...that counts ...is for each other(the advice from you is perhaps another proof of that ;) :D ) ...and there is enough to go round.After 10+ years I am starting to believe him....
Last edited by mcgoo on Fri Nov 24, 2017 11:03 am, edited 1 time in total.

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LeTiss
Posts: 4176
Joined: Fri May 08, 2009 6:04 pm

Fri Nov 24, 2017 11:03 am

Yes I've always held that rather cynical, yet realisitic attitude, Jeff

We are all circulating money here, and it's impossible for everybody to succeed at trading, as there needs to be losers for the winners to profit. If Peter Webb makes £1000 today, he hasn't taken a penny from Betfair - all that money has come from other Betfair users, a number of them are probably his own customers

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to75ne
Posts: 1824
Joined: Wed Apr 22, 2009 5:37 pm

Fri Nov 24, 2017 11:43 am

LeTiss wrote:
Fri Nov 24, 2017 11:03 am
Yes I've always held that rather cynical, yet realisitic attitude, Jeff

We are all circulating money here, and it's impossible for everybody to succeed at trading, as there needs to be losers for the winners to profit.
Amen.

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Euler
Posts: 15769
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ
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Fri Nov 24, 2017 12:19 pm

I'd imagine the best educated Betfair users with the best tools will win against all others in the same market but also against punters and price insensitive exchange users. So it's probably not a zero-sum game for that bunch. I doubt I win that much from Bet Angel users as they are using the same tool as me.

Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

Fri Nov 24, 2017 12:37 pm

A tool is only as useful as the person holding it is skillful.

If I remember correctly, you once described yourself as being better than 99.9% of people who have ever traded the exchanges.

Surely it therefore follows that BA users of average skill are likely to lose money to you.

Jeff
Euler wrote:
Fri Nov 24, 2017 12:19 pm
I doubt I win that much from Bet Angel users as they are using the same tool as me.

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