Trading Help

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Trading Help

Postby littlebri » Sat Oct 13, 2007 1:23 pm

Hi,

This is probably an easy question to answer, but i tend to understand things better when they have been explained to me,

I was wondering if someone could explain how to manually work how to trade out in small amounts rather than the full amount for level profit.
An example would be, say i'm trading the under 2.5 market, and my initial back bet is £20 @ 1.8 the odds then move down to 1.4 and i place a stake of £25.71 for level profit of £5.71.
What i would like to know is how to manually work out how to lay or back off in small amounts as th price hopefully moves in my direction, so that by the time it reaches my predicted price it is still in a level profit, even though this will bring less profit but hopefully less risk..

Any explanations much appreciated.
Bri
littlebri
 
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Sports betting software from Gruss Software


The strength of Gruss Software is that it’s been designed by one of you, a frustrated sports punter, and then developed by listening to dozens of like-minded enthusiasts.

Gruss is owned and run by brothers Gary and Mark Russell. Gary discovered Betfair in 2004 and soon realised that using bespoke software to place bets was much more efficient than merely placing them through the website.

Gary built his own software and then enhanced its features after trialling it through other Betfair users and reacting to their improvement ideas, something that still happens today.

He started making a small monthly charge so he could work on it full-time and then recruited Mark to help develop the products and Gruss Software was born.

We think it’s the best of its kind and so do a lot of our customers. But you can never stand still in this game and we’ll continue to improve the software if any more great ideas emerge.