Pre-Match Trading offers to us something very important which makes the strategy to differ from straight betting or in play trading.
When a punter is placing a bet, he risks all the amount of his bet.
When a trader is trading in play he is risking a big amount of his bet because of the volatility of the odds.
In play odds normally have somewhere to go, up or down depending on the bet.
If an in play trader backs, for example, the draw at 3.15 in order to wait some minutes into the game and then trade out laying the draw at 3.00 he is risking a big amount of his bet because in those minutes a goal could come in. Hey come on its football after all who can be sure about things? If a goal comes in then the draw would rise up to 4.5 - 5.5 so the damage for the trader who wants to close his position, could be really big!
My pre-match trading strategy relies on the steady psychology of the odds. Before the start of the match, normally, there is not volatility in the markets. So things can be pretty much predicted. A favourite remains a favourite and an outsider remains an outsider because history can't be changed!
I have put the word "normally" in bold and italics why? I will explain in future posts...be patient
When a punter is placing a bet, he risks all the amount of his bet.
When a trader is trading in play he is risking a big amount of his bet because of the volatility of the odds.
In play odds normally have somewhere to go, up or down depending on the bet.
If an in play trader backs, for example, the draw at 3.15 in order to wait some minutes into the game and then trade out laying the draw at 3.00 he is risking a big amount of his bet because in those minutes a goal could come in. Hey come on its football after all who can be sure about things? If a goal comes in then the draw would rise up to 4.5 - 5.5 so the damage for the trader who wants to close his position, could be really big!
My pre-match trading strategy relies on the steady psychology of the odds. Before the start of the match, normally, there is not volatility in the markets. So things can be pretty much predicted. A favourite remains a favourite and an outsider remains an outsider because history can't be changed!
I have put the word "normally" in bold and italics why? I will explain in future posts...be patient
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