Trading an All Red Screen
- The TopTrap Greyhound Profit And Loss Account On Betfair - March 17, 2022
- Betfair Best Execution – 11 Requested & Filled At 320 - January 16, 2022
- BTB System e-book - March 13, 2015
Trading An All Red Screen. Video by Howard Hutchinson.
If whilst we are trading, the odds move against us and to equalize our trade would mean trading to an all red screen, it may be tempting to place a bet or lay to reduce our current liabilities whilst we wait for the odds to move back in our favour. This video demonstrates the effect that placing a bet of lay at unfavourable odds will have on our position.
Although we will be reducing our total exposure, a partial trade out at unfavourable odds will leave us with exactly the same potential loss at the current odds, and will also make it harder for us to exit without any financial damage.
We could be making our situation worse rather than better.
This video uses the Hedge 3 Bets Spreadsheet.
In 2021 TradeHost traded 7,937 Betfair UK, IE, US & AU horse racing and greyhound markets.
2022 saw TradeHost become even more profitable with 22,698 Betfair markets traded.
All trades and bets were streamed live on JuiceStorm TV which was was watched by 124,209 traders in 2022.
All results for the 30,635 Betfair markets traded are here and the charts are here.
Top 100 Comments on JuiceStorm.com
Successful Betfair Traders have the simplest Betfair Trading systems. The difference is their selection process, experience and execution level. Get that difference for yourself with automated trading by TradeHost.
Comments are closed, but trackbacks and pingbacks are open.