Low-Risk Betfair Trading for Beginners

[@gillyboy1566]

That certainly does not seem for beginners I am totally lost, and you have completely blown my mind no trading for me thank you

[@SportsManiaGBTV]

he said for beginners not vegetables

[@jiti5034]

@@SportsManiaGBTV Ok then so he Backs one horse at 5.9 then half of it gets matched,, and he has a Lay bet at 5.8 working ! and after that??????

[@SDRockman]

This was good to see Caan good man.

[@charlescribbs5797]

Awesome video Caan. Amazing how many of your profitable secrets you are sharing. Thanks pal.

[@adamburnett8086]

great vid,, back to the good stuff caan berry

[@CaanBerryProTrader]

Thank you kindly

[@JohnVDenley]

I'm new to this and I didn't understand this video at all! Looked like you put in some lay bets, but they didn't get matched and then you backed at 5.9 and then cancelled the lay bets... Why? You didn't explain that at all. Then it looked like you somehow removed half the original stake, but didn't explain how you did that? Was that a profitable trade? You said something about SP price and not being over exposed, but didn't explain that either. You did some scalping, but didn't really explain that either, I've no idea how you managed to make any money on this video, I've watched it about 10 times and I'm still confused about what you were actually doing and how you made a profit!! "offsets my green zone"?! 🤔🤷🏼 "My first red tick is at 6.2 instead of 6.0"? 🤔 🤷🏼 No idea how to do this myself!

[@fredbloggs8436]

Completely agree, this is not a video for beginners. Probably need to get some of his paid videos for a full explanation.

[@seanglossop4777]

I've watched many of Caan's videos and I feel the same way, it's way too detailed but just enough to get you interested and to probably purchase the full tutorials I assume. I'm also a beginner and while the videos are kind of useful, I'm left feeling confused afterwards.

[@giantpurplebrain]

Same here. He obviously knows what he's doing but I can't make much sense of it. I understand the principle is to follow the weight of money, back high and lay low - but this is no beginner video. For a start what software is this? and what are you actually doing?

[@GrantStephenson-y7h]

@@giantpurplebrain Geeks Toy

[@andy2991]

Can i place normal horse racing bets with betfair like with other bookies without getting withdrawal check accounts blocekd and restrictions and all that other rubbish online

[@andrewtaylor2785]

On the exchange yes but I'm sure their sportsbook would be just like any other bookmakers

[@TheTraveler2222]

I don't see those charts and live tables on Betfair??

[@CaanBerryProTrader]

Click on the icon next to the outcomes name.

[@MrLoughneagh]

Did you put a lay bet in first?

[@bobanddaisybob]

Hi - what is the best software platform for an iMac or an iPad please?

[@CaanBerryProTrader]

Only one for Mac is Racing Traders. Others you can view through third party viewers!

[@35davg]

really enjoying the videos caan, can u tell me where i can get that software which shoes the dark green bar and where the biggest amount of money is being traded, regards david

[@JonJon-rj6xo]

back to basics, well done

[@francisg9656]

So your kind of using your own money to manipulate the market in your favour when there's not much liquidity?

[@CaanBerryProTrader]

Would do that at your own peril, someone bigger than you will swallow you probably.

[@WaynesWorld69]

Jeez is there a pre-beginners video? I think I got lost just after "hi".

[@kevinsytc]

I can get my ladder interface to show. Can anyone help.

[@CaanBerryProTrader]

Right click the market navigator and you can toggle it on and off there.

[@BritinSchleswig]

Low stakes, £100 a unit!. Shouldn't you also be watching the racing stream live as well. Some of the movement might be due to how a horse is behaving at the start.

[@CaanBerryProTrader]

It was on the other screen :)

[@willchapman2154]

What software is this? Is it free?

[@CaanBerryProTrader]

GeeksToy for Betfair is the software, it's £6 a month after the free trial.

[@troyryan8890]

What software do you use?

[@CaanBerryProTrader]

Yes Geeks Toy.

[@troyryan8890]

Cheers bud

[@ohlawdy1986]

I can see that you're backing horses but then to lay it off, whenever I'm laying off, all it does is put me in a position where my return is £0 if all the other horses win and lowers my winnings for my selection. I understand that to lay if off I'd need to alter stake and liability and I can do that on Betfair itself but the video doesn't show how to do that here?

[@peteypower3308]

so whats your point

[@testsubject5029]

can you tell what has been your winning streaks longest with back bet wins

[@CaanBerryProTrader]

You're looking at it all wrong! There are losers, daily, it's just a case of skewing the odds in your favour so you win more than the situation's probable chance.

[@testsubject5029]

@@CaanBerryProTrader but isnt back bet only way you profit with 6,3 lay bet with 6,2 equals money back to you. thats how i understood

[@johnristheanswer]

Caan , would you say some bookies are better to follow re price movements or just use one of the biggies at random and stick to the same one each day ?

[@CaanBerryProTrader]

Track prices are better.

[@andrewtaylor2785]

No idea whats going on

[@tennisone6376]

thank for the video man

[@CaanBerryProTrader]

No problem! I appreciate the feedback.

[@eliotmcnamara3190]

thank you i find this sort of video very helpfull

[@hotdogwalks]

nice and simple thanks 👍

[@nobby10001]

Can you do this without Geeks Toy or too risky. Saw some opportunities today but odds were like 10.0 back 10.5 lay. Does Geeks Toy allow you to get much closer on the ticks ?

[@tobysmith826]

Price moves in 0.5 ticks from 10.0 to 20.0

[@Freemind1976]

For beginners, you say? I've just started looking into trading on betfair, and my pot is £100, I'm not gonna use it all on one bet to make £7.. I've been trialing over 1.5 goal acc with £2-3 bets turning them into £20-30 plus returns. However its actual trading with a similar returns is what I'm looking for so I can grow my pot then when it 1k plus I will consider trading £50/100 for bigger returns..

[@CaanBerryProTrader]

That's gambling, not trading.

[@Freemind1976]

ok, point taken.. so if you were starting out with £100 pot, how would you incrementally grow it with low risk trades? What markets and odds would you be looking for to grow your pot?I'm thinking of a patient long game here.

[@gsw007]

Padi's bot will identify your trade out position and stick money in front of it to stop it getting matched. Just warning you. Also if you are looking for, say, 7.4 his bot will put your bet in at 7.40000000000001 to ensure you're behind all the 7.4's in the queue. Makes no difference to your return. Just makes it harder to trade.

[@ccfcdanny8555]

Ain’t got a clue

[@jcpayne]

Not really low stakes or aimed at beginners.

[@JCT-u7k]

Very few people would be able to make a living from this. In order to be good at this you would have to be very good at it. Most people who trade will lose. As its still risky. You could lose money on a trade. And you would have to be cool under pressure. Best to learn this as a hobby. Then take it from there. The reason that money made from this is not taxable. Is the government dont see this as a way to make money for most people.

[@dripsa]

I understand nothing