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Author Topic: Spreads Vs Fixed Odds  (Read 3103 times)
Simon Galloway
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« Reply #15 on: March 20, 2009, 02:39:29 PM »

Now that I have fully woken up, I have just noticed the most glaring omission from the advice given.  Don't be afraid to admit you were wrong in running and gtfo.  It goes against human nature to accept a loss by closing out when you could run it and get out of it, but you must be able to do it, otherwise you will go off for telephone numbers when a bet goes pear shaped.  Conversely, there isn't a better feeling than being long of runs at 300 and watching the game 300/2 and a run a ball.  I haven't got any pre-set forumla for knowing when to take the profit (and added time value to go with the intrinsic) it is just a case of (re)pricing up the market and making decisions on that basis.

That said, don't overtrade, churning yourself into oblivion.  having to sell to their bid (or pay their offer) means there are entry and exit charges to the market, which can add up, even though you don't see them itemised on your statement!

have fun.
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Matt50
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« Reply #16 on: March 26, 2009, 02:12:43 PM »

Damn you T Mar.

This thread got me thinking that i would like to get back into spread betting and with my decent poker win last week i decided i would invest some money into it.

I am going to do things different this time though - it wont be the silly betting on shirt numbers in a game just because one player wears no 55 - it will be well researched bets and only placed if i think there is decent enough value.

Let the fun begin...............................................

I have started with 2 bets.
Firstly i have bet on Stephen Ames finishing position in the Arnold Palmer Invitational.  He has been in pretty good form lately and seems to like playing in Florida so a top 20 finish should be well within his reach.
And my 2nd bet is on Terry Jenkins to score more 180's than Jelle Klaasen tonight.
Jenks has thrown 28 to Klaasen's 19 so far, and he seems to be getting better each week, reaching the final of last weekend's tournament before losing to Taylor.
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Karabiner
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« Reply #17 on: March 27, 2009, 11:39:08 PM »

Set up a PLC and open the account in it's name Wink
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"Golf is deceptively simple and endlessly complicated. It satisfies the soul and frustrates the intellect. It is at the same time maddening and rewarding and it is without a doubt the greatest game that mankind has ever invented." - Arnold Palmer aka The King.
T_Mar
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« Reply #18 on: March 28, 2009, 01:36:56 PM »

Damn you T Mar.

This thread got me thinking that i would like to get back into spread betting and with my decent poker win last week i decided i would invest some money into it.

I am going to do things different this time though - it wont be the silly betting on shirt numbers in a game just because one player wears no 55 - it will be well researched bets and only placed if i think there is decent enough value.

Let the fun begin...............................................

I have started with 2 bets.
Firstly i have bet on Stephen Ames finishing position in the Arnold Palmer Invitational.  He has been in pretty good form lately and seems to like playing in Florida so a top 20 finish should be well within his reach.
And my 2nd bet is on Terry Jenkins to score more 180's than Jelle Klaasen tonight.
Jenks has thrown 28 to Klaasen's 19 so far, and he seems to be getting better each week, reaching the final of last weekend's tournament before losing to Taylor.


Weeee... You know you want to Smiley

I haven't placed any bets yet but will be all over the horse racing match bets (probs start at Aintree next week), they look a good opp to me.. Having a look through some of the other markets it just looks like a lot of fun!

Gl with your bets.. let us know how you get on

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