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This Happened After Trading Horse Races For 1 Year

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Profit Pineapple

Profit Pineapple

Күн бұрын

Betfair trading on horse racing is a popular form of participating in betting, I decided I would try my hand at trading the markets in the hopes of being able to develop profitable trading strategies.
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A successful trade on Betfair is derived as a result of placing a back bet at a higher price than you place a lay bet on the same outcome within a market, the concept has similarities to traditional arbitrage betting or taking advantage of bookmaker price boosts, locking in a profit by laying off the liability in Matched Betting.
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Disclaimer: This video is for entertainment purposes only and is not financial advice.

Пікірлер: 55
@alanhaynes9672
@alanhaynes9672 Жыл бұрын
Love the way that you look young and carefree at the start of your trading journey, and by the end of it you look like you've slept in a skip. It's literally what trading does to you!! Congrats on turning it around.
@johnristheanswer
@johnristheanswer Жыл бұрын
Good stuff. Peter Webb once said to me " do the opposite of what YOU think ". In other words, if you'd done the opposite to your mistakes, you'd be in profit.
@johnristheanswer
@johnristheanswer Жыл бұрын
​@@robsting5414Not quite , but it's my only source of income.
@RoyChadwick51
@RoyChadwick51 10 ай бұрын
That is completely incorrect .
@johnristheanswer
@johnristheanswer 10 ай бұрын
@@RoyChadwick51 Which part ?
@RoyChadwick51
@RoyChadwick51 10 ай бұрын
So instead of backing a horse … lay it to lose . Is this what Peter Webb is saying ?
@johnristheanswer
@johnristheanswer 10 ай бұрын
@didsid3529 No. Peter is 99% a pre off trader. It's about trading, not backing or laying straight bets. A simplified example might be - a horse drifts a lot very quickly from 3.00 to 4.00 in 30 seconds. It's now hit a crossover point. What do " YOU think " will happen next based on your own trading experience and crowd mentality ?
@UK_Outdoors.
@UK_Outdoors. Ай бұрын
Awesome video. This is exactly my journey except I was stupid enough to throw £50 steaks at it thinking I was Jonny Big Bollox and lost £200 on one trade! Love the little B roll acting shots on this video too, very entertaining
@moneymaster4812
@moneymaster4812 Жыл бұрын
Guys u need to get betfair scalper its awesome coure only 100 or so. I got it week ago already improved my.knowledge
@knowthyself9791
@knowthyself9791 Жыл бұрын
Excellent content. That year your development self discipline that's a great edge in any market of trading.
@EricPollarrd
@EricPollarrd Жыл бұрын
Having been a pro poker player for nearly 20yrs and a born again pro horse punter, I'm now looking at this shite. Haven't got betangel YET, now being 46 yrs old I'm far too experienced and realise rushing in is for fools, but indeed it does seem from most videos that there's virtually nothing complete that ever gets explained about HOW TO BLOODY WELL DO IT. Caan waffles on at 100mph without actually ever saying anything. tbf u do explain things a little better
@aggelost3103
@aggelost3103 Жыл бұрын
If you have already made your money it is not worth the time to learn the Betfair markets. I do not see a reason to let your poker profits and start learning a new game which is completely different. The only reason i can think of is that you have not made a great amount of money and you cannot make good money anymore because it is much more competitive than it used to be 10-20 years ago. Also if you are a profitable poker player as you said, would you explain to the public in details of how it is done?
@snakeplissken526
@snakeplissken526 23 күн бұрын
There are courses you can take (which may or may not be useful) but there isn't a secret formula. It's the old 10,000 hours training thing. If you want to be really good at something, practise for 5 hours a day every day for 5 years, then you'll probably be pretty good.
@EricPollarrd
@EricPollarrd 23 күн бұрын
@@snakeplissken526 certainly seems to be the case for virtually everything in life. But then I sit and think how many have gotten everything on a plate without working a day in their lives…
@2711marcus
@2711marcus Жыл бұрын
I started football trading last week following TTM strategies 😊
@maestro19965uy
@maestro19965uy 10 ай бұрын
its complete discipline and money management, some patterns happen a lot like 5f horse getting caught up in stall etc if your fast enough inplay you can make money but again money management and knowing when to sit on your hands is a must.
@deletebilderberg
@deletebilderberg Жыл бұрын
It cost me a packet to eventually find my 'edge' within the horse racing trading market but it was worth every penny. I started at 2K down, then started making a £1 a day, then £2, then £100 a week, now a whole lot more than that. Now almost 1.5K up.
@user-oy1fx2wz8j
@user-oy1fx2wz8j 11 ай бұрын
1.5K a day?
@garethscott9084
@garethscott9084 Жыл бұрын
Quality mate, anyone who can be so disciplined in the markets has the potential to make good profits, just gotta keep your head with bigger stakes
@ProfitPineapple
@ProfitPineapple Жыл бұрын
Cheers Gareth!
@timporter4008
@timporter4008 Жыл бұрын
All traders pretty much have same journey then it just clicks still very hard as someone said when you start scaling up and see those bigs numbers on both sides of your trades everything tells you to either cashout for a loss at the wrong time because its getting scary or you let your trades run at the wrong time and hope comes into play - knowing when its time to take the loss or hold on as within the trade most of the time you going to be in a loss I didnt getting anywhere until I started tennis trading and now find other sports easier to trade for that experience
@markjackson8261
@markjackson8261 Жыл бұрын
I given up with it completely, the experts who are selling their software and trading course make it look like anyone can do it, there is no rhyme or reason why the horse racing markets move up or down, well there is , its when theres a big lump of money put on by which time youre too late already, if your on the wrong side of this it can wipe out your previous profit , I havnt met anyone who says they make regular profit pre horse trading, I have my doubts as to whether the gurus do either , have a go at forex, its much easier to read the markets , stop loss works and you never need to be worried about enough money in the market, Id never go back to horse racing trading , it really is a mugs game.
@aggelost3103
@aggelost3103 Жыл бұрын
I have no clue about forex and finnancial markets but what you wrote about betfair gurus is spot on. I am pretty sure even if they are profitable, they make much more money from selling courses and softwares.
@sundaybighouse
@sundaybighouse Жыл бұрын
Well done to get back. Thought it was well edited too.
@markwalls8651
@markwalls8651 Жыл бұрын
Great video mate! Well done on bringing it back. I reckon a lot of people would have quit at the bottom of that curve
@ProfitPineapple
@ProfitPineapple Жыл бұрын
Thanks Mark, I think it's likely they would have!
@emmosea
@emmosea Жыл бұрын
good luck ! subbed and liked
@imbecilexsavant
@imbecilexsavant Жыл бұрын
What a great video man Thanks
@ross5956
@ross5956 Жыл бұрын
If this is purely pre-race horse trading as the video eluded to then this is very impressive. Big Wd 🥁
@ProfitPineapple
@ProfitPineapple Жыл бұрын
Cheers Calum!
@ianhoward4246
@ianhoward4246 Жыл бұрын
Now you've had chance to let it sink in,have you thought how you're gonna spend the Eleven Seventy!!???😂😂😂
@ruthryan9173
@ruthryan9173 11 ай бұрын
why do you call it gambling..its not...its an exchange not bookmaker so you are buying and selling prices you choose.
@garry7330
@garry7330 Жыл бұрын
Not related to this particular video....but could you please help (or do.a video for me please) with the filters on Oddsmonkey please? What settings do you use for your each way matcher and extra place matcher? Struggling to find a balanced approach that still finds regular profitable options...thanks in advance
@CH-xg4xv
@CH-xg4xv Жыл бұрын
Excellent vid, and probably the best way to learn for yourself . Better you than me. Hope you have much more success to gone
@ProfitPineapple
@ProfitPineapple Жыл бұрын
Thank you, hopefully all the hours that I've invested will pay off down the line!
@RoyChadwick51
@RoyChadwick51 10 ай бұрын
Evening pineapple . How do you get that profit and loss graph mate . Would you need serious computer intelligence ?
@davidwelburn
@davidwelburn Жыл бұрын
Do you have a course that teaches how to do this? You said something about a link in the video, but there doesn't appear to be one. Thanks.
@ProfitPineapple
@ProfitPineapple Жыл бұрын
I upload walkthrough trading videos on my Patreon account, the link is in the description if you want to check it out
@davidwelburn
@davidwelburn Жыл бұрын
@@ProfitPineapple OK, thanks.
@milanexeter6805
@milanexeter6805 Жыл бұрын
Thanks
@garry7330
@garry7330 Жыл бұрын
Love your channel! Do you know of any good discord groups for matched betting at all??
@ProfitPineapple
@ProfitPineapple Жыл бұрын
Much appreciated, I dont know of any specifically, the closest thing that I have is my Patreon
@user-oy1fx2wz8j
@user-oy1fx2wz8j 11 ай бұрын
How you trade now?
@nomoretax
@nomoretax Жыл бұрын
Caan Berry! Lol!
@davegravy1842
@davegravy1842 Жыл бұрын
well done 👍 keep going your on the right track , i read james clear atomic habits gets you in the right frame of mind highly recommended👍👍👍👍👍👍
@ProfitPineapple
@ProfitPineapple Жыл бұрын
Thanks Dave, I might have to check that out the next time I've got chance
@bottlewaddle6677
@bottlewaddle6677 Жыл бұрын
May your pineapples be infinite :)
@dansmith7013
@dansmith7013 Жыл бұрын
Daily Horse Racing selections Lay The Fav feel free to take a look if you are interested.
@dansmith7013
@dansmith7013 Жыл бұрын
kzfaq.info/get/bejne/fJimm8qf1dW6YJ8.html
@barry2924
@barry2924 5 ай бұрын
What price of favs?
@antskilu1354
@antskilu1354 Жыл бұрын
lol
@ameetgudka4347
@ameetgudka4347 Жыл бұрын
I have been following your channel and have applied quite a few of your matched betting strats and have been rewarded handsomely. I am a big fan of what you are doing so thank you for sharing. I also run a fully automated exchange betting algorithm thru my company Mozaic Inc Ltd. I wanted to pick your brain and would love to setup a zoom call to show you the data I have collated in the last 6 years with a back testing suite and the model I am using. It has been somewhat successful but in terms of EV, although positive, the drawdowns are a little too much on the “risk on” side. I really think if we can sit down and review it, perhaps we with our combined expertise can come up with a more robust model. My idea is that, we have a zoom call. I can show you what I do. And perhaps we take it from there. Ps. Sent you an email to your support email address
@bottlewaddle6677
@bottlewaddle6677 Жыл бұрын
ZEEZ EZ GOOOOOOOOOD
@relaxmediate7821
@relaxmediate7821 Жыл бұрын
no. thank you
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