Bet Angel for newbies / Getting started : 50 A Day System

We were all new to Bet Angel once. Ask any question you like here and fellow forum members promise not to laugh. Betfair trading made simple.
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Crazyskier
Posts: 446
Joined: Sat Feb 06, 2016 6:36 pm

Wed Nov 08, 2017 6:07 pm

LeTiss wrote:
Fri Oct 02, 2015 1:15 pm
Any system (either gambling or trading) which involves chasing a losing bet needs to be avoided.

The biggest reason why people fail at this game, is overcoming the emotional obstacle of accepting a loss
How absolutely accurate this is! I know - I learned the hard way!

CS

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Rstrach
Posts: 103
Joined: Thu Jan 19, 2017 12:33 pm

Thu Nov 09, 2017 8:58 am

Crazyskier wrote:
Wed Nov 08, 2017 6:07 pm
LeTiss wrote:
Fri Oct 02, 2015 1:15 pm
Any system (either gambling or trading) which involves chasing a losing bet needs to be avoided.

The biggest reason why people fail at this game, is overcoming the emotional obstacle of accepting a loss
How absolutely accurate this is! I know - I learned the hard way!

CS
Ditt-doh :oops:

trader44
Posts: 160
Joined: Wed Oct 29, 2014 1:28 pm

Thu Nov 09, 2017 7:30 pm

" However, if you were thinking of £50 a Trade, you would have made £1250 today."
please sign me up for this right now. Thats £8,750 a week £35,000 a month and over £3000,000 a year . wow and thats just laying at evens and using a loss recovery . peter webb cancel all your seminars they arent needed . we have found the golden egg, yeeha las vegas here we come :D

neld0r
Posts: 22
Joined: Wed Mar 16, 2016 10:45 pm

Thu Nov 09, 2017 10:57 pm

i tried this system with a 100 bank on football trading and it went as high as 450+ but then i had like 5 or 6 losses in a row and my bank went down to 60 and i stopped lol.

nice in theory but the recovery is scary. if you lose 30 one game, next bet you would stake 60 and so on so you can imagine how quickly the losses add up.

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Euler
Posts: 16472
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ
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Fri Nov 10, 2017 2:35 pm

Loss recovery systems, just don't work. Avoid any system that using any form of loss recovery. Gambling commission guidelines ban the use or recommendation of loss recovery systems, so we deliberately don't put it in the product or advocate them.

phakamascliff
Posts: 1
Joined: Sun Nov 05, 2017 12:06 am

Sat Dec 02, 2017 11:23 pm

I did bought this system a month ago. Work for first 2 days then lose all.
I use BA now . Still learn to trade.

Bluesky
Posts: 420
Joined: Mon Sep 19, 2016 9:26 pm

Sun Dec 03, 2017 10:52 am

phakamascliff wrote:
Sat Dec 02, 2017 11:23 pm
I did bought this system a month ago. Work for first 2 days then lose all.
I use BA now . Still learn to trade.
Yep most of us will have tried one or more get rick quick systems in the past, unfortunately the only person who gets rich is the system seller, the users remain poor. If you want to make money from sports trading you need to put in the hard work, there are no easy short cuts.

You can improve your chances of success by taking some sports trading training, but even then you still have a long hard road ahead of you.

trader44
Posts: 160
Joined: Wed Oct 29, 2014 1:28 pm

Mon Dec 04, 2017 10:06 pm

" The biggest reason why people fail at this game, is overcoming the emotional obstacle of accepting a loss"

you have summed it up in this sentence. its the road to the poor house

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ruthlessimon
Posts: 1509
Joined: Wed Mar 23, 2016 3:54 pm

Mon Dec 04, 2017 10:34 pm

I don't want to be devil's advocate, but accepting a loss - with a non-edge strategy - still means the trader bleeds a slow death. I'm not saying screw money management, but the emphasis needs to be made on learning to properly model & backtest trade ideas.

My 16yr old brother could learn basic money management in an afternoon.

My 16yr old brother couldn't learn strategy creation, & complex money management in an afternoon, maybe not even after a yr!

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