I play a round of mean soccer with my MALE soccer buddies every Wednesday night. I'm the only rose among the thorns. During each game, I simply forget that they are guys. I just concentrate on the game of eleven players against eleven players.
™
You may be curious to know which position does this rose cover? As I'm extremely nibble, agile and have excellent reflexes, I 'man' the goalposts. Yes, I'm the goalkeeper.
Mind you, the job of goalkeeping may be the most difficult job on the soccer pitch because the actions can come so fast and quick.
The goalie needs to possess the capacity to be razor sharp in concentration at a moment's notice even though he/she may not have much to do for the last 89 minutes.
Now, why do these thorns trust their rosie goalkeeper... simply because I made a mean goalie. My defenders have absolute confidence in this "last woman standing".
The great Brian Clough once said a good goalkeeper could be worth 15 points a season. It has been 360 minutes without my conceding a goal and I'm proud of this humble record.
I realized that playing a soccer game and placing a soccer bet have a lot of similarities. There are ups, there are downs, and sometimes there are turnarounds in the game or bet.
However, I've found that in soccer live betting, most of the "unpredictables" in the game can be decoded.
The odds provided by the bookmakers are a reflection of the performance of the teams on the pitch from the bookmakers' point of view. So when we go along with the bookmakers' reading of the game as reflected by the odds, we cannot be far off.
This makes soccer live betting a literal gold-mine IF we can possess the skill to "decode the odds" and place our winning bets. With so many live bets being offered on every match day, there's plenty of profitable actions to be had.
(Live betting is also popularly known as bet in-play, in-running, in-game and running ball).
I was searching for a soccer live betting book which can teach me the techniques to decode the odds which is the integral part in profitable live betting. I found what I wanted in this 108 page soccer live betting system and let me show you what I've discovered.
1) Match Fixing At This Tail End Of The Soccer Season
The soccer season in Europe has reached the tail end. Games have been played and matches have been won and lost.
It is at this point of the season that the rumours of match fixing will rear its ugly head.
How could we ignore the gossips when completely unexpected results happen... especially when this is the crucial point of the season when teams are fighting for coveted places to play in an European competition, or to avoid relegation.
Of course, in soccer, just like in any sport, there are always freak results. Just one error in judgement by a referee or a linesman can make a difference between winning and losing.
For normal bets, unless the punter has access to the match fixing syndicate, it can be difficult for him to 'smell out' the suspicious matches. He has to be vigilant on any abnormal odds swings or prices too good to be true. The onus is on himself to be alert before placing his bets.
For live bets, as the odds are adjusted according to how the match is moving, if a syndicate has fixed a game, say the Home team to lose the match, their poor play would have been reflected in the odds movements. So you can say that this is one advantage live bets have over normal bets, provided you can decode the odds.
2) The Main Thing That This System Has Taught Me
This book opened up my eyes to look at the odds from a different angle - the angle which brought in the dole. I didn't know the secret is hidden in the odds. Once you discover it, you'll realize how easy it is to make money in soccer live betting.
I love the chapter on "Timing Of The Bets". The author has meticulously explained the rationale in determining the best "profitable" times to place the bets. The screen-shots made it real easy to understand.
3) The No. 1 Tip I've Learned
For me, the No. 1 tip I've learned is the discipline to follow the criteria of each of the 10 strategies.
I realized the criteria form the foundation of the strategy and by following them strictly, I'll not be tempted to deviate due to any emotion.
I'll only place my bets when the selection meets the criteria 100%. This discipline makes me place each bet with utmost confidence.
4) The No. 2 Tip I've Learned
I realized a good betting system must be complemented with sensible money handling knowledge.
This book has an in-depth coverage on money management rules especially in staking plan and stop win/stop loss limit.
I once followed a system which recommended doubling up the next stake amount to cover the last loss. In one weekend, I lost 90% of my bank.
So knowing how to handle my betting money is the No. 2 tip.
5) Why Is This System The Complete System
I love to describe things in terms of hardware and software.
In this system book, the 10 strategies are the hardware. But to get the system going towards the profitable mode, it is necessary to install an efficient software to ensure consistent profit.
In this book, the author took pains to expound on the virtues of maintaining a winning mindset and dealing with emotions of fear and greed, every punter's worst enemies.
The chapter on fear and greed is most valuable as the author painted a few betting scenarios to illustrate the point that the distinction between the successful punters and the unsuccessful lot is how they deal with these two emotions.
6) Which Strategy Every Punter Should Know
Out of the 10 strategies, I feel every live bettor should be well versed with the "Cut Loss Strategy" in order to limit any financial damage whenever needed.
Many things can happen in 90 minutes on the soccer pitch. To me, it is very comforting to know that there is a strategy of a "Plan B" when the original strategy is not working. This is my favourite strategy because I love back doors.
7) How Does This System Benefit You
With the 10 strategies, you'll know exactly what to do when the betting opportunities present themselves.
You'll not be led by emotion, or relying on luck, or by "guesstimates" to place your bets.
The odds which are a reflection of the performance of the two teams on the pitch will tell you what to do.
8) Can You Really Make $1200 In 3 Hours
Yes, you definitely can. There are so many live games offered on every match day. With the 10 strategies, you can generate regular profits easily.
Of course, your profit figure will depend on your stake amount. Always bet within your comfort zone.
9) What If You've No Experience In Soccer Live Betting
Do not fret. The system can be used even by an absolute beginner. Every strategy is described clearly. There are snapshots explaining each step of the strategy. So there is no guesswork. Every step is supported by the odds movement.
Conclusion
This system does not rely on injuries, previous match previews, weather condition, etc. It does not require hours of analysis on every match day.
You just need to acquire the know-how to read the odds movements.
Having the ability to "decode the odds" takes emotion out of the live betting equation. You bet based on what happens on the pitch, not whether Team A is your beloved team or Team X is your most hated club. This is the money making beauty of soccer live betting.
The currency markets or other names it is known by, such as; Forex, FX or the Foreign Exchange Markets have existed since one country or region stated trading goods or services with each other. After the goods where exchanged for the currency of the local economy, the merchant needed a way to convert it back into there local currency. Thus the beginning of the Forex markets.
The present markets operate world wide in every country on the globe where currency of each and every country are bought and sold daily. The value of a particular currency can and will go up and down throughout a day based on many factors. The currency markets operate approximately 5 ½ days a week and are open somewhere in the world at all times on those days.
Reasons to Invest in the Foreign Exchange Markets:
1. The ability to leverage relatively low amounts of investments and control large sums of currencies.
2. Most Forex brokerage firms don't charge commissions to execute a trade
3. The ability to buy and sell at will due to extremely large market.
4. Unstable markets provide conditions where knowledgeable investors can make vast sums of profits.
5. The ability to limit risk though the use of available tools.
6. It does not matter if a currency is raising or falling, you still are able to make money.
Trading In the Forex Markets:
The name of the game in any investment is to make money. In other words, you want to buy low and sell high. Investing in the FX is no different. The vast majority of the investments are made by people or institutions which have no intention of every actually taking possession of the currency. They are simply attempting to use educated guess to determine which direction a currency is going to move and make a profit from it.
Currencies are always traded in pairs. One might sell US dollars and buy Euro's or vice versa. Remember, to truly make a profit in the currency markets you must have a plan to get the profits you have made back into your own countries currency. Let's say you live in the United States and make an investment in Euro's and own them at a later date. Your next trade could be in Japanese Yen, where you also made a big profit trading the Euro's for the Yen. What do you do now; you live in the US and can't spend Yen. So, a very important long term consideration for any currency investor is how are they repatriate there profits into there home countries currency.
A very common measure of an investment is called, the Return on Investment (ROI,) Regardless of whether you're investing in currencies, real estate or a business venture this is a very important consideration that must be considered in all investment transactions. There are very safe forms of investments that are considered risk free, such as US Treasury Bonds. For an investment in a currency to be considered a good investment you should be able to receive a profit that more than marginally exceeds an investment in US bonds.
The Major Currencies and how Exchange Rates are Determined:
There are five major currencies that are traded most often. They are the US Dollar (USD,) the Euro (EUR,) the Japanese Yen (JPY,) the British Pound (GBP,) and the Swiss Frank (CHF.) There are certain foundations that also consider the Australian Dollar (AUD) a major currency. At some point in the near future, at least we hope the Chinese government will remove the restrictions presently placed on the trading of there national currency and allow it also to be freely traded.
As we mentioned earlier currencies are always traded in pairs. The initial currency in the pair is called the base currency and the next currency is named quote or counter currency. The base currency is the denominator and the counter or quote currency is thus the numerator in the ratio. The value of the base currency is always one. Thus the exchange rate is how many of the counter currency must be paid to buy the base currency.
The bid price for a counter currency is always lower than the ask price. The reason for this is that 올레벳 the bid price, which represents how much will be received in the counter or quote currency when selling one unit of the base currency, is always lower than the ask price, which represents how much must be paid in the counter or quote currency when buying one unit of the base currency.
An example of a trade might be the following. A trade of EUR/USD bid/ask currency rates at your bank may be 1.1015/1.2015, representing a spread of 1000 pips (also called points, one pip = 0.0001.) The smaller the spread the better for the investor. The reason for this is that in order to profit the currency needs to make a smaller movement.
The Advantages and Disadvantages of Margins:
The term "Margin" is essentially a loan by a brokerage firm to an investor that is a client of that firm. As with any loans, interest is paid on that loan. The longer the loan is outstanding the higher the interest expense associated with that loan.
There are many ways the use of margins can work against a currency investor. In fact, the number one reason novice investors fail to succeed in the currency markets is there lack of knowledge of margins. The good new is that margins can also work for the investor and produce extremely large profits with a very small investment.
Learning how to make margins work for you as opposed to against you is one of the most important concepts a Forex trader must understand. Fortunately today there are many exceptional Forex courses that instruct this vital concept in detail.
An example of how this could work against is when an investor takes a long term position in a currency utilizing a large margin. If they were to hold that currency for a few months and make a small profit when they sold they could still lose money on the investment due to the interest expense associated with the borrowed funds, called margins.
It is of the utmost importance if you intend on trading the currency markets that your understanding the benefits and pitfalls of the use of margins is at the highest level. There are other techniques that can be utilized instead of margins that can also produce the same large profits with a very small investment. If for no other reason than understanding margins a new trader would be wise to enrol in a course that teaches the ins and outs of there use.
How to use Leverage to Finance your Forex Trading:
Of course the use of margins is one way to leverage a relatively small investment into large potential profits as we discussed earlier. But, the are significant risk with this method and it should be understood at its highest level to be utilized successfully.
There are other Methods you can Utilize Leverage to Increase your Earnings:
1. Forwards
2. Futures
3. Options
4. The Spot Market
5. Spread Betting
6. Contracts For Difference
The Spot Deal:
With this type of transaction an swap of currencies is made. The current market price is the spot rate, which is also some times called the benchmark price. This types of swaps are not required to resolved right away. There is a value or settlement date and is usually the second day after the deal has been made. This period permits the time required to exchange funds from one bank account to another which could be located anywhere in the world.