Don't know what you mean by "classic", but backing any football team at any price, and laying it at any price, regardless of whether you win or lose is an example of trading.JustLukeYou wrote: ↑Sun Oct 20, 2019 11:32 pmDerek27, as we speak Flamengo are playing Fluminese. I backed BTTS No at 2.08 and in the 68th minute traded it out for 1.34 and made a profit.
Surely that is classic example of football trading?
If you disagree please feel free to explain why on here or in a lengthier video.
Where Am I Specifically Going Wrong With This Please?
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JustLukeYou
- Posts: 518
- Joined: Thu Oct 03, 2019 10:51 pm
Is that laying though, if the odds are to low doesn't that mean the market is overrated the team and overrated teams have more chance of failing. For example, teams likes AC Milan and Man Utd are much weaker that they were 10 years ago but some people will still back them because of their history, not their current status?Speculator_3 wrote: ↑Sun Oct 20, 2019 11:52 pmOr lower that they should be.JustLukeYou wrote: ↑Sun Oct 20, 2019 11:40 pmIt seems to me the way to make money long term is to look for odds that are higher than they should be. Would you say that is correct?
I'll tell you my age on the strict condition that you agree to disclose yours. I'll go first, as long as you agree to do the same and I'll take you at your word?JustLukeYou wrote: ↑Sun Oct 20, 2019 11:35 pmDerek, can I ask your age?
Are you a bitter old man who acts like a wise ass to try and impress some people at the expense of other people and comes across as an unhelpful troll on forums?
Last edited by Derek27 on Mon Oct 21, 2019 12:42 am, edited 1 time in total.
I've mentioned this before, but I think one of the big misunderstandings on this thread is that Luke quotes anyone he's replying to, regardless of whether it's actually a reply to that post. Given that we've had a lengthy sparring match and every post has several sandwiched between the reply, I'm beginning to wonder if our replies are getting mismatched.JustLukeYou wrote: ↑Sun Oct 20, 2019 11:40 pmIt seems to me the way to make money long term is to look for odds that are higher than they should be. Would you say that is correct?
With Leicester when they won the title, the people who thought they could win the title would have made a profit by backing them in individual matches or backing them to win the title whilst the rest of the market massively (in this case) underrated them and their chances of winning the title.
FOR FUCK'S SAKE, are you seriously telling me that you didn't know that???JustLukeYou wrote: ↑Mon Oct 21, 2019 12:03 amDerek27, if you said "You want to back odds that are higher then what they should be or lay odds that are lower than they should be that would be actionable"Derek27 wrote: ↑Sun Oct 20, 2019 11:55 pmLuke, I think it's fairly obvious that you won't have much understanding of what Speculator_3 said, considering you needed me to break down a simple uncomplicated sentence. You gave Shaun 9 seconds, and me 10 to explain what you want, but your new favourite teacher has all the time in the world.JustLukeYou wrote: ↑Sun Oct 20, 2019 11:13 pm
Derek, take a step back and have a look at who is being the troll in this situation. Someone has kindly taken the time to explain something in plain English. You on the other hand are like someone walking into a pub and asking for non-alcoholic beer. IE wasting their time.
If you have something useful to say please feel free to do so.
Speculator_3 has just told you something that I've been telling you for, don't know how long but it feels like two years:-I've told you that several times!Speculator_3 wrote: ↑Sun Oct 20, 2019 11:04 pmSpotting odds that are value is something that no-one can / will teach you. It comes with experience.
(I should point out that several posts have been submitted to this thread as I post this - I'm still working my way through the thread).
People ACT on ACTIONS.
A CTA, Call To Action.
I sell on Amazon, Amazon is Call To Action machine that generates many billions of dollars.
You run a business selling toys with a turnover of £250K a year and you didn't even know you have to sell for more than you buy???
Backing and laying are the same as buying and selling - you sell for more than a defined value and buy for less than that value!
I told you to do the beginner's course which would have told you that!
You know what it's like when it's time to clean the kitchen, bathroom, floors, whatever - any distraction suddenly becomes the most important thing in the world.
I see it's past your bedtime.Derek27 wrote: ↑Mon Oct 21, 2019 12:07 amI'll tell you my age on the strict condition that you agree to disclose yours. I'll go first, as long as you agree to do the same and I'll take you at your word?JustLukeYou wrote: ↑Sun Oct 20, 2019 11:35 pmDerek, can I ask your age?
Are you a bitter old man who acts like a wise ass to try and impress some people at the expense of other people and comes across as an unhelpful troll on forums?
(That's a joke)
https://en.wikipedia.org/wiki/Joke
I still think the old fashioned computer-printed facepalm is better.
I haven't looked back on this thread, but off memory, I think Luke calls me Derek when we're having an amicable conversation, but calls me Derek27 when we're not.
I think this is well past the facepalm phase
Why do you think Shaun is not replying anymore. That was him in the gif above, about 15 pages ago.
ShaunWhite wrote: ↑Sun Oct 20, 2019 10:09 pmIf you're not sure how to get to Google, then just type 'google' into Alta Vista and follow the link.