Betfair trading for beginners - Part 1 Starting out.

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sandrajames
Posts: 4
Joined: Wed Sep 19, 2018 12:37 pm

This post was very useful to me. Thank you so much
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Dallas
Posts: 22642
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

james4bond wrote:
Sat Sep 15, 2018 5:23 pm
Hi everyone

I have been using Bet angel for a week and I absolutely love it. I have gone some more advances bets but I just dd the following from the Make Market and broke even. Is this a normal thing? I also did another trade earlier today with a reasnable difference between the back and lay price using Offset Bet with Greening but I only broke even (I know its good to break even sometimes :-) Please can someone tell me why?

Thank you!! James

15-Sep-18
17:10:28 17:05 Chester
Al Destoor - Win
Betfair Bet ID 1:137485335754 | Placed: 15-Sep-18 17:05:22 Back 5.10 10.00 --
-10.00
Lost
15-Sep-18
17:10:28 17:05 Chester
Al Destoor - Win
Betfair Bet ID 1:137485335769 | Placed: 15-Sep-18 17:05:22 Lay 5.00 10.00 40.00
10.00
Won


15-Sep-18
14:27:33 14:20 Listowel
Eglantine Du Seuil - Win
Betfair Bet ID 1:137440037865 | Placed: 15-Sep-18 14:18:35 Back 3.80 20.00 --
-20.00
Lost
15-Sep-18
14:27:33 14:20 Listowel
Eglantine Du Seuil - Win
Betfair Bet ID 1:137440856889 | Placed: 15-Sep-18 14:22:18 Lay 2.70 20.00 34.00
20.00
Won
You are not greening, your back and lay stakes are for the same values (if you had greened up these would be different denoting your P/L for that market) so your only creating a risk-free bet and profit if that runner wins

If using the make market button ensure the 'green' box above the trade column is ticked then click one of the figures when you're ready to green up for that predicted profit or loss

See this page of the user guide for full details
https://www.betangel.com/user-guide/one ... 3D&mw=MzIw#
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