Page 1 of 1
How To Make Money On Betfair Games
#1
Posted 07 December 2009 - 11:40 PM
Just to let people know that I have posted a review of my favourite Betfair games system on the site and it shows you an easy way of making a few quid trading along side the X-Feeder software that I have written about.
I'd like to make this specific thread on the forum an X-Feeder Forum. Any questions please leave them here and I'll get back to you A.S.A.P
All the best,
Eddie Lloyd
I'd like to make this specific thread on the forum an X-Feeder Forum. Any questions please leave them here and I'll get back to you A.S.A.P
All the best,
Eddie Lloyd
#2
Posted 15 December 2009 - 07:51 AM
Hi there.
Thanks for the review of X-Feeder. But I'm just wondering how you get the program to use spread-loss? The auto green-up works 9 times out of 10, but then some times it doesn't put the back-bet, and the one I've put my lay-bet on wins and I get massive losses.
I've tested your strategy over night, and it has lost 13.5 Units over 8 hours.. So probably I'm doing something wrong =/.
Cheers, Micke
Thanks for the review of X-Feeder. But I'm just wondering how you get the program to use spread-loss? The auto green-up works 9 times out of 10, but then some times it doesn't put the back-bet, and the one I've put my lay-bet on wins and I get massive losses.
I've tested your strategy over night, and it has lost 13.5 Units over 8 hours.. So probably I'm doing something wrong =/.
Cheers, Micke
#3
Posted 15 December 2009 - 06:35 PM
Hi Micke,
Thanks for the reply. There will be losses to this system as there is with any gambling system! Your loss of 13.5 points obviously shows this and I appreciate that it's not the best of starts!
Whilst trading on the games (especially with this particuliar system) we need to look at the whole sequence as 1 bet. I know there are several trades happening over a period of time but from the start to the finish we need to look at it as one bet. For example with the stop/loss parameters set at -£20 and the stop at a profit parameter set at £150 (i.e £50.00 profit) we are betting on the sequence at odds of 5/2. In other words our liability is (or as per sequence our bet is £20.00) £20.00 which we are risking for a 5/2 chance (a 28.57% chance).
If you are not comfortable with this and this is the beauty of the test mode within X-Trader then you can effectively alter the stop/loss paremeters to the odds you are comfortable with.
For example, lets say you prefer your odds on chances? If you set the stop/loss at say £15.00 and the profit target at £10.00 then we are now betting at 6/4 on (or 4/6) per sequence. This gives you a probability of just shy of 60%.
So to clarify! The idea is that we set up each trade after the cycle has concluded. This maybe after a loss or a profit. If it is a loss then we need to add the loss back into our account and start back at £100.00. If it is a profit then we need to take this away from our bank and start again. In using this approach we are effectively treating each sequence as one bet.
I hope that clarifies things and with a bit of tweaking and playing about we can effectively bet at the odds that suit us.
Anymore questions or problems please don't hesitate to post them on here and I will get back to you within 24 hours.
Good luck and happy punting,
Eddie Lloyd
Thanks for the reply. There will be losses to this system as there is with any gambling system! Your loss of 13.5 points obviously shows this and I appreciate that it's not the best of starts!
Whilst trading on the games (especially with this particuliar system) we need to look at the whole sequence as 1 bet. I know there are several trades happening over a period of time but from the start to the finish we need to look at it as one bet. For example with the stop/loss parameters set at -£20 and the stop at a profit parameter set at £150 (i.e £50.00 profit) we are betting on the sequence at odds of 5/2. In other words our liability is (or as per sequence our bet is £20.00) £20.00 which we are risking for a 5/2 chance (a 28.57% chance).
If you are not comfortable with this and this is the beauty of the test mode within X-Trader then you can effectively alter the stop/loss paremeters to the odds you are comfortable with.
For example, lets say you prefer your odds on chances? If you set the stop/loss at say £15.00 and the profit target at £10.00 then we are now betting at 6/4 on (or 4/6) per sequence. This gives you a probability of just shy of 60%.
So to clarify! The idea is that we set up each trade after the cycle has concluded. This maybe after a loss or a profit. If it is a loss then we need to add the loss back into our account and start back at £100.00. If it is a profit then we need to take this away from our bank and start again. In using this approach we are effectively treating each sequence as one bet.
I hope that clarifies things and with a bit of tweaking and playing about we can effectively bet at the odds that suit us.
Anymore questions or problems please don't hesitate to post them on here and I will get back to you within 24 hours.
Good luck and happy punting,
Eddie Lloyd
#4
Posted 16 December 2009 - 10:41 AM
Hi again.
Well Ok, I get where you are going.
But about the risking chance, I don't see how we could alter our odds by just changing how much we will win/loss before the program stops? I mean even if we (using your example) set the stop-loss at £15, then that would just mean one loss (£5 lay amount x odds {4.05-1} = £15.25). And, using my results from yesterday, with a strike rate of about 9 times out of 10 and an avarage win of £1, we would still be loosing £6 every 10 bets..
I must be missing something here haha.
Well I'll let the bot keep paper-trading for a couple of hours more and see if there's any change in the stats, as you said I had one hell of a start =P..
I appreciate you trying to explain this system anyhow =).
Cheers, Micke
Well Ok, I get where you are going.
But about the risking chance, I don't see how we could alter our odds by just changing how much we will win/loss before the program stops? I mean even if we (using your example) set the stop-loss at £15, then that would just mean one loss (£5 lay amount x odds {4.05-1} = £15.25). And, using my results from yesterday, with a strike rate of about 9 times out of 10 and an avarage win of £1, we would still be loosing £6 every 10 bets..
I must be missing something here haha.
Well I'll let the bot keep paper-trading for a couple of hours more and see if there's any change in the stats, as you said I had one hell of a start =P..
I appreciate you trying to explain this system anyhow =).
Cheers, Micke
#7
Posted 24 January 2010 - 06:04 PM
Micke, on 15 December 2009 - 07:51 AM, said:
Hi there.
Thanks for the review of X-Feeder. But I'm just wondering how you get the program to use spread-loss? The auto green-up works 9 times out of 10, but then some times it doesn't put the back-bet, and the one I've put my lay-bet on wins and I get massive losses.
I've tested your strategy over night, and it has lost 13.5 Units over 8 hours.. So probably I'm doing something wrong =/.
Cheers, Micke
Thanks for the review of X-Feeder. But I'm just wondering how you get the program to use spread-loss? The auto green-up works 9 times out of 10, but then some times it doesn't put the back-bet, and the one I've put my lay-bet on wins and I get massive losses.
I've tested your strategy over night, and it has lost 13.5 Units over 8 hours.. So probably I'm doing something wrong =/.
Cheers, Micke
hi, hows your testing going ... ive had indifferent results so far ... 2 days 40 odd pounds down , will test for a week , hopefully will get better ..
if u want to spread the loss you can go to settings ..betting options and tick spread loss when back odds go below a particular odd eg 3.00 , could be an alternative strategy .. well see.
whats the update on the results eddie .. thanks .
#9
Posted 12 May 2010 - 01:48 PM
Hi Eddie
I am considering the purchase of either X-feeder or UltraXTrader. What can't UltraXTrader do compared to X-Feeder and what kind of return could I expect with a bank of 500 points?
Thanks,
Eugene
I am considering the purchase of either X-feeder or UltraXTrader. What can't UltraXTrader do compared to X-Feeder and what kind of return could I expect with a bank of 500 points?
Thanks,
Eugene
Eddie Lloyd, on 08 December 2009 - 01:40 AM, said:
Just to let people know that I have posted a review of my favourite Betfair games system on the site and it shows you an easy way of making a few quid trading along side the X-Feeder software that I have written about.
I'd like to make this specific thread on the forum an X-Feeder Forum. Any questions please leave them here and I'll get back to you A.S.A.P
All the best,
Eddie Lloyd
I'd like to make this specific thread on the forum an X-Feeder Forum. Any questions please leave them here and I'll get back to you A.S.A.P
All the best,
Eddie Lloyd
Page 1 of 1

Sign In
Register
Help

MultiQuote