Maybe a daft question! but is there a maximum
lay odds you shouldn't enter into the market?
Say on under/overs or match odds at the end of a match. Is it asking for trouble, to much risk?
Thanks
Max lay odds
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- Joined: Wed Apr 19, 2017 5:12 pm
- Location: Wolverhampton
Depends what you're doing, if you're laying with intent to Back then you can manage your risk on the ladder. Just be aware lay liabilities can be big when betting on high odds so consider that if you want to trade other things too - particularly if you don't have a massive bank.
If you're straight laying then I think it would be best if you decided some boundaries, consider some careful money management. Depends if you're using flat stakes or something else but think of it as using a % of your bank. As your funds grow, so can your stakes. Other traders will throw about other numbers but I think the normal range of your bank you should risk at any one time falls between 1%-5%. You may want to go bigger if you're being aggressive but don't risk more than 10%.
If you're straight laying then I think it would be best if you decided some boundaries, consider some careful money management. Depends if you're using flat stakes or something else but think of it as using a % of your bank. As your funds grow, so can your stakes. Other traders will throw about other numbers but I think the normal range of your bank you should risk at any one time falls between 1%-5%. You may want to go bigger if you're being aggressive but don't risk more than 10%.