I will going to be covering that as well in one of my following posts. Of course I do not let the trade ride out until end of match if it doesn't go my way. I mostly take an exit with a loss at a maximum of 30% loss in that trade. So if it takes to long for the goal to come I just close the trade and take the losses.

Regarding to the stakes that I use. I know in the example it is not ideal. I started with a bankroll of 100€ and have liabilities of 12-18€ which is way to much for this bankroll. But I have a good explanation for that. In my main sport trading accounts I mostly use 0.5 up to max 2% of my bankroll in a single trade.

Firstly I do not want to expose my main trading accounts. Cause I personally think no one has to know how much I have in my accounts and what amounts I am using to trade.
And secondly where I am resided I am not permitted to use betfair directly. So I use their partner exchange orbitx through a broker called BetInAsia. But the disadvantage is that orbitx has a minimum stake of 6€ for backing or laying a position. So actually it is to high for this bankroll.... but I am only using this account for explaining strategies, take screenshots of all actions taken, etc.

So if I make some profits on the 100€ account than its fine for me but if I blow it I just reload a little to keep explaining my strategies

Another successful trade.

match Japan J1 league Kawasaki frontale - Shonan

first half statistics which triggered me to place a lay bet on the draw. Huge home advantage in ball possession and huge amounts of shots on goal.




However the trade was going into the wrong direction when Shonan took the lead with 0-1. This resulted in still a loosing trading because Kawasaki still was huge favourite to at least take it back to a draw.

But Kawasaki went to take the distance and took a 2-1 lead which resulted in the possibility to secure some profits again.


3.26€ profits guaranteed on this match which is almost 20% profits on this trade with a 18€ liability and a 2.5% increase of my bankroll

Thx for appreciating the thread. Yes you are right and I apply the over x,5 myself on multiple occasions. as I said I have multiple strategies that I will post here over the coming weeks. But its to much to all post at once. I rather build up this thread over a longer period. I do not want to add to much different details at once cause people not familiar with a betting exchange, lay-back and sport trading would get confused

Hey guys.

Some time ago I started to get more involved in placing my sports wagers on a betting exchange. With my background as a trader I am feeling much more comfortable by using a betting exchange.

Firstly because the odds are entirely determined by punters and not by a sports book. Compared to a sports book where you play against the house (bookmaker) on a betting exchange you play p2p. So punters take over the bookmakers position by getting the opportunity to lay bets (bet against outcomes).

Secondly and most important a betting exchange gives me the opportunity to trade on sports markets instead of betting on sports which is a huge difference. By using different trading strategies on a betting exchange I do not rely on wether the bet I placed is going to be correct or not.
I only need several things to happen for every different strategy.

There are many different strategies that I apply and I will use this topic to regularly explain some of the strategies I use. In this way people can learn this strategies as well and maybe can also start building on their sport trading adventure.


'Lay the draw' Strategy


My favourite trading strategy on the betting exchange is 'lay the draw' strategy. In this strategy you place a lay bet on the draw which means you think the match will not end in a draw. However I do not really care about wether the match ends in a draw or not. The only thing I need is a second half goal to secure a profit no matter what the outcome of the match is even if the match does end in a draw.


How do I apply this strategy??

- Prematch indicators

             - There must be a clear favourite pre match with an odd of no higher than 2.2 preferably 1.3 to 1.7 range.
             - There must already be matched at least 10,000$ on that match before kickoff.

- Inplay indicators

             - I search for games that are on a draw half time
             - Those games that are on a draw at half time need to have had 5 to 10 shots on goal with at least 30% shot on target.


As soon as a game matches all this criteria I place a lay the draw bet on that game.



Doesn't matter wether the match ends in a draw or not. How is this possible?

It is very simple. If you have a lay the draw position and as soon there is a goal in second half than the odds for the draw shift significantly and you will already be able to secure profits. As soon as a goal is scored in second half you will profit no matter what the outcome of the game will be.

The reason for this is that a betting exchange hedges your secured profits over every possible outcome to guarantee a profit. This means as soon as you take a cash out the betting exchange spreads your secured profits over every possible outcome in that game.... in this case 1X or 2.



The Beauty about this strategy is that you only rely on a second half goal. So even if the underdog scores you will be able to lock a profit. Below I will show a trade I made at this very moment while posting this topic.


Details:

Deposit on orbitx betting exchange on 25th of July 2020     100€
Trades placed so far 8
Current bankroll  123€
23% profits on my bankroll.

NOTE!!!!!

Football trading is not a fast rich method. It requires dedication to stick to the basic rules. Football trading also can deliver loosing trades.... so you can loose money. So only use money you can afford to loose.




Example of my lay the draw strategy.


Match Japan J1 league   Yokohama FC - Urawa


First half statistics

lots of goal attempts and plenty shots on target.




So after seeing the stats I decided to take a lay the draw position on this game with a 6€ stake which gave me a liability of almost 12€ that I would loose if there is no goal scored.




So if there would be no goal scored and it will remain a draw I would loose 11.88€ and in any other case I would be a able to profit 5.82€




Now we are in the position and the only thing that needs to happen is a goal by either 1 of the team. Because I said we are not 'gambling' that the match is going to end on a draw or not. We are trading the 1x2 market and profit from the market behaviour of other punters.


Whoppa after 7 minutes in second half Urawa scored 0-1





But as I said on this betting exchange we do not lock the actual profits but the exchange automatically hedges your stake over all different outcomes. As you can see. I secured a profit no matter how the match ends. Does the match ends in a draw than I secure 1.32€ profits. Does Urawa wins I secure 1.45€ and if in some way Yokohama manages to win I will receive a 18.66€ profit. And this are pure profits cause I have no more liability on this game and my stake already is back in my bankroll. So basically I am free rolling out this game and will make profits no matter how the game ends.

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So this is basically what I am doing. Instead of gambling I am trading the sports markets. You maybe can think that profits are not that huge but I approach my winnings on the long term.

A gambler aims for big multipliers and odds to make money fast but in most cases result in losses.
A sports trader aims to take smaller profits and builds his bankroll and his wealth in a steady way.

And after all in the example above I lock at least 1.32€ pure profits on a current 123€ bankroll which is a little over 1% profits on the entire bankroll and little over 10% profits on the position I had.


You can compare trading on sports a little with trading on crypto. The only major difference is that crypto markets can be manipulated by whales but the sports market behaves according to what happens in the game. For example an odd on a draw will not drastically move up or down if nothing is happening in the game. Compared to BTC. BTC can take a run or a small crash without anything prior happened.




So if you are interested in trading on sports.... just keep an eye on this topic.

• Ask me anything related to sport trading
• Share your own experience
• I will post different strategies I use myself regularly
• I will post prematch and inalai tips if I find games that suit one of my strategies

    

I personally do not really care about protecting my identity when its gambling related. I sometimes gamble with my crypto as well and it is convenient not needing to pass a kyc verification.
But to be honest when I start gambling bigger balances I feel much more convenient to place my bets on fiat supported sports books like for example Betfair. and I mostly use the betting exchange where you wager peer 2 peer and you do not have any risk to get your account limited or restricted cause you don't win from the house but from other players

this win was made in a jackpot pool bet. So there are no odds involved in pool betting.

never talked about a 100% succes rate. Even I know this isn't possible. In the original post I only tried to explain that there is a way on the colossusbets platform to turn your betting into a risk free way of betting..... ONLY if certain conditions are met.

It is just exactly the same as benefitting from a referral system. Lets say you have zero balance in your gambling account but you have 100 referrals that earn you lets say 0.01BTC in total of referral commissions. If you bet this 0.01BTC then you also are betting risk free cause all winnings will be pure profits cause you havent put in any own money.

This is the same with colossusbets. the only difference is that you first need to put own money in your tickets .... and if certain conditions are met you can receive back your entire stake through the rebate system

then you should visit their website and check out yourself. Colossusbets have been in business for a couple years now and is operating under strict regulation of the UK gambling commission.
I never claimed everyone can gamble 100% risk free on their site. I only tried to explain that there is a possibility to earn back your personal contribution through the captain rebate.

It is very simple. they have 3 rebate tiers 5- 7.5 and 10% captain rebate. 

If you get a syndicate ticket filled you automatically receive the 5% rebate. So if you for example sell a 10€ syndicate ticket and contribute 1€ to that ticket yourself than the week after you receive back 0.5€ which is 5% of the total ticket value and 50% of your own stake.

If you manage to sell 120€ or more in syndicate tickets the rebate increases to 7.5%. Can you sell for over 880€ in tickets than the rebate increases to 10%

But the only way to benefit fully is you need to reach the highest tier and not contribute more than 10% of the ticket values yourself. Only in this way you receive as much back as rebate as you invested yourself in your tickets.

example.

you create 1000€ in syndicate tickets and they all get filled. You contribute the minimum captain percentage of 10% which is 100€. Because you filled over 880€ in tickets you get the 10% rebate which also is 10% of the total ticket value. this means you receive back the same amount than you invested yourself.

But if you decide to contribute lets say 50% (500€) of your own tickets then you still receive back the 10% (100€) but you are not betting entirely for free.


So that's why I said there is a possibility to bet risk free because you can earn as much in weekly rebate than you invest yourself in your own created tickets..... BUT then a certain amount of conditions must be met. Never said it is easy.... only said there is a possibility.

the platform is called Colossusbets.com. Colossusbets is the largest sports jackpot pool provider of the UK.

Thx for all the congratz.

Many asked what platform I placed the bet. Well I did not place the bet myself but I bought a share of someone else his ticket. This platform allows you to sell percentages of your tickets and purchase percentages of other peoples tickets. In this way it is some kind of group play. Several people put money in 1 ticket and they share the profits made on that ticket. In this way you can increase chances to win a big prize without needing to cover the entire expense of the ticket.

Unfortunately this platform is a fiat platform that requires a kyc verification. They are licensed in the UK so they need to keep strict to be compliant and regulated.

But everyone that wants to know the platform or is interested can post me a PM

achieving 2% profits on average daily with sport betting is doable but I saw your Imgur picture and all your bets had a quote of above 2.0. this is not the ideal way to build your bankroll.

your start bankroll is 0.02BTC

Use 5% 0.001BTC per trade on an odd around 1.1 (pretty safe). do this 4 times daily and your have your 2% overall daily profit.

But even then I wouldn't recommend that. gambling on such low odds will destroy you as well eventually. If you get 1 bet on a 1.1 wrong then you need 10 correct bets just to recover you loss. and as we always know there are always upsets in sports and the huge favourites loose sometimes as well

It looks pretty nice. But for me personally the volume isn't high enough and lack of enough markets. If at some day there appears a crypto betting exchange with the quality and all features of Betfair than I switch emmidiatelly. I personally like trading on a betting exchange but with no decent volume it isn't possible to do some trading and then the betting exchange just works as a regular book and you gamble. the only difference is that it is peer to peer.
But Most people that want to use a betting exchange search for exchanges where they can trade the sports markets (scalp, swing trading,....) in play cashouts (very important for traders), ....

So I do appreciate your work and site after having a look at it but it does not require what a betting exchange needs for me personally. Cause you only give opportunity to bet peer 2 peer. this is one very important part of a betting exchange but seems lot of crypto betting exchanges entirely forget to implement the trading opportunities and all features that are necessary. And that's one of the main reasons most betting exchanges do not attract the mass.

But again, nice site, good job, but not sufficient for me

Its only 1 month when 2020 came around the corner but I would like to know what your largest win is so far and if you have set yourself some targets for this year.

Below you can see mine that I won a couple weeks ago. However I only owned 20% of this jackpot pool ticket that won 24.000€ I scooped 4800€ and some pocket money for a 1.2€ contribution to the ticket.

As I see the most of your winnings come from tracking value from the market. Do you manually search for valuebets or do you use some special software to do so?
As you also mentioned currently your mostly are betting on exchanges. Do you really bet (gamble) on the exchange or do you rather trade on those exchanges?

the main purpose of gambling should be a way of entertainment and not making money. People should consider gambling/betting as some kind of hobby as any other hobby. And if you make some money out of it then its ok, if not than at least you had some fun.

actually most traditional bookies offer this. its called differently on all bookmakers. bet365 its called bet builders, Betfair its called same game multi, bet first its called multiway. I just filled one in quickly just to give an example. below you see a multiway with 3 selections all from the same game.

Ik snap helemaal niet waar jullie het piramidespel vandaan halen. Ik denk niet dat iemand al de moeite heeft gedaan om colossusbets eens nader te bestuderen.
Colossusbets is een gewoon gambling platform. Het enige verschil met een gewone sportsbook is dat zij jackpot pools aanbieden. BTW jackpot pools wordt door meerdere platformen aangeboden. BV op een Belgische bookie betfirst.be heet dit pronofoot. Het enige wat colossus hierin verschilt is dat zij de mogelijkheid aanbieden dat gamblers een ticket kunnen creëren, 10% minimum zelf funden en de rest beschikbaar stellen aan andere gamblers om een stukje van dat ticket te kopen.

Betreft herbalife. Herbalife is een legitiem MLM bedrijf. Er zit een piramide structuur in.... dat is waar. Maar tot op heden is een deftig MLM bedrijf nog steeds legaal en een degelijke vorm van bedrijfsvoering. Zolang er een product bij betrokken is is dit perfect legaal. Zo heb je er nog vele andere zoals Tupperware, Tupperware, FM perfumes en tientallen andere.

Maar vanwaar iedereen de link tussen colossusbets en piramide haalt is mij volkomen onduidelijk. Colossusbets is een volkomen gelegaliseerd betting platform met partnerships met de grootste bookmakers in Europa. Foto zie je een paar partnerships.

Colossusbets is het eigen platform



En er zijn een hoop partners die de Colossusbets jackpot pools op hun eigen platform ook aanbieden

Matchbook



Bingoal.be



En nog vele andere zoals Betfair, dafabet, ...... en genoeg nieuwsartikels te lezen to een paar jaar geleden.


Colossus is een gewoon gambling platform. Je kan registreren en bets plaatsen. Dit kan je doen door gewoon solo te spelen, syndicate tickets te creëren of een stukje van een syndicate ticket funden. Nadat alle wedstrijden zijn gespeeld krijgt iedereen die in een winnend ticket heeft deelgenomen zijn stukje uitbetaald.
En ja ze geven een mooie promotie dat captains 5-10% van een syndicate ticket dat ze gecreëerd hebben terugkrijgen. Maar ik zie daar niets verkeerd in. Iedereen die op colossus speelt weet dit en iedereen is vrij om in syndicates tickets te investeren of zelf tickets creëren.
dus colossus draait niet om zo veel mogelijk volgers te hebben die ticket vullen en jijzelf dan de cashback krijgen. Het doel van colossusbets is gewoon het automatiseren van een groep mensen die samen een ticket spelen. En waarom niet. Naast het gewone sport betten is dit voor mij een extra toevoeging aan men gewone sportbetten.

Ik investeer bv zelf ook geld in andere captains. De foto hieronder is een Finse captain die al 2-3 jaar op colossusbets actief is , professioneel sportwedder voor 20+ jaar. Zeer bekend in het hoge noorden. Ik investeer dikwijls in zijn tickets en brengt me goed geld op maar loop dan zelf ook het risico om geld te verliezen als zijn tickets fout zijn

You can have a look at 1xbet (not 1xbit) This is a fiat bookie that also accepts crypto as deposit option. I don't know if they offer that feature. I can't have a look cause my country is restricted so I cannot access the site to have a look.

You can also check out Asianconnect88.com. this is a betting broker. Through their portal you can get access to betting accounts on platforms like matchbook, pinnacle, SBObet and a couple more. This all are fiat betting platforms but by playing through a broker platform you are able to fund the accounts with BTC

yeah don't really ban but lots of fiat bookies put limits on your account if you win to much. Thats the reason why I rather use a betting exchange when gambling with fiat. But so far for me I havent been limited or restricted on any fiat site so far. The reason for that is that I do not do value betting or arb betting. I mostly play system bets and bet builders with smaller amounts. So they make enough money on me.

But I wouldn't be to hesitant not to play on fiat bookies. Yes they require kyc to get your account verified. But they will not ban or restrict you for no reason. As long as you do not do valuebets and put 500-1000€ on every bet then you easily stay below the radar. I personally play already on Betfair for 5 years. Already cashed a lot of money from that platform and never had any issue.
I rather do not want to put to much money on a crypto sports book. They seem to lock, ban accounts and confiscate funds for no reason. And where do you go. If you file a complaint through a curaçao licensed sports book you will never get your money back. but if you have a complaint against a UK licensed sports book you will always have somewhere to go to resolve the issue

As I read the slot game providers I do not think the slots, casino and live casino will be provably fair. their slots and casino games all work with a normal RNG which should be certified. And yeah live dealer is just live so nothing to be done about that.

I think they will have to establish their brand very well cause for example fortune jack and some other crypto casinos already offer exactly the same games. So don't know what they can do to stand out from the current platforms.... but well wish you all the best