Laying the Draw eBook
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After several years of posting my football selections, and after repeated requests for me to document and publish my exact approach to this proven football trading method, I eventually managed to pull it all together into a downloadable eBook, and here she is!
"Thank you for your EBook, best investment I ever made. This is the best success I have ever had, and I've tried Forex & Pennystocks. I'm picking them myself. It gives me great satisfaction." (Tom M.)
Background
I spent quite a few years adapting and fine-tuning the lay the draw method for the highest possible strike rate with minimum possible risk. Unfortunately I didn’t take notes when doing so, as it was some years before I started my own blog, which developed into this site.
Therefore it took quite a bit of thinking to actually remember why I almost sub-consciously rejected certain games, why I only entered in certain odds ranges, and various other things I was basically doing on autopilot before putting pen to paper to publish this step by step guide.
Strategy Variations
There are so many different ways to apply the football lay the draw strategy. I have seen many of them in use by other traders I've known. In fact I would say there are almost as many interpretations on this method as there are traders using it!
I have respect for all of them (when successful!) but my approach is quite different in that I avoid as much risk as possible, but capitalise hard when there is a profitable scenario on the table. From all the comparisons I have done with other traders, this seems to be the most obvious difference between my approach and theirs.
Selectivity
It was a long and gradual process to refine my approach to the point of 'reliable consistency'. I certainly didn’t start out being anywhere near as ‘choosy’ about my trades as I instruct you to be in this ebook.
I used to trade between 10 and 20 games per DAY!
Yes, I really did. And I did that for a good year or more before I began to realise that I could have similar profits (or better) by doing a lot less work, which was what originally motivated me to trimming my trades.
Over time I found that by being ultra selective, only risking my money when literally everything looked as close to perfect as possible, I could reduce my trading workload by 60-70% or more, while maintaining or even increasing my level of success at the same time.
In my view, making the same money for half the work is basically like doubling your wages. Time really is money, and the older I have become the more I have realised that any time I spend at the desk needs to be paid for. There are many nicer places to be than the office, especially when you have a family.
Less hours at the screen is never a bad thing as far as I am concerned. When you’re new to trading it all feels exciting and the hours fly by. But after a year or two things get more mundane and not so exciting, and this reduced level of emotion is one of the true secrets in my view, the reason why so many traders struggle when they are new to it and excited by it, only becoming profitable when they eventually calm down and treat it more like a job or a business.
Trading Mentality
Mental control is everything in trading. Achieving that control is much more difficult when you’re emotionally-charged or buzzing with adrenalin. It's better to aim for something more like this:
Successful traders don’t blab about their trades in the pub on a Friday night, losing traders do! At least that’s my experience of many traders (and pubs) in my time!
This is because by the very nature of being a successful trader, it’s not exciting any more, in fact talking about it in the pub would be a very boring prospect for any full time trader. The work has been done, it paid for that time in the pub to enjoy a chat with friends about anything other than their “day job”!
Ebook Content
I spent many hours unpicking my own habits and thought processes in order to document every single click I make during my trading sessions, right down to the very smallest detail which I hardly even noticed I was doing until I began writing it all down to put into this eBook.
I lost count of how many people asked me to publish this ebook. Back in those days I was publishing my trades, and even though I did try my best to explain my reasoning behind each one, time was obviously limited. This led to more and more people asking me to produce something they could study in order to make the same selections themselves, without needing to tune into my little blog each day.
I never really had the time, and to be totally honest, I was never sure I wanted to share this as it is the product of many years of adjustments, testing and fine-tuning in order to make it as reliable as possible for my own benefit, not for others! However, other people choosing the same trades won’t affect my trades or my profitability due to the large amounts of money in these football markets, so I have no real reservations about others trading the same games as me, which you probably will be after reading this eBook.
This is 56 pages of detailed, well-constructed and illustrated content. It was put together with the kind help of a total novice who barely even knew what Betfair was, so it was written from the ground up for people of all levels to be able to understand.
My aim was to make it possible for someone who has never placed a trade on Betfair in their life, to be able to start using my lay the draw approach immediately after reading, and start learning how to pick the right games, how to avoid the bad ones, and how to sidestep the many psychological traps which 99% of new traders fall into.
The feedback I have received has been excellent, and many readers continue to use my approach regularly.
Lessons
Here are just a few things this product aims to teach you:
- How to make a shortlist of selections in a matter of minutes instead of hours
- Where to get the best stats
- How to interpret stats to avoid the wrong games and pick only the best opportunities
- Staking – how to approach this tricky subject with bank preservation in mind
- How I avoid many of the losing games other traders choose to trade
- How to capitalise on winning trades for maximum return and bank growth
- How to handle losing trades and keep losses to a minimum
- The mental stumbling blocks which cut most traders’ careers short
Expectations
Please don't expect overnight success. Anyone who knows the first thing about trading knows it isn’t something that makes people wealthy overnight. (It certainly could make someone poor overnight though.) It’s a long process of learning first about yourself, your emotional limits, your level of self-control (or lack of), then about the markets and many other extremely important but challenging subjects which every successful trader has learned before you.
Can good money be made from football trading? Yes – experienced traders can and do make £100k+ per year just with careful and selective use of the LTD method, although that’s obviously with a large bank and big stakes. So it can certainly earn a good income, but it is highly unlikely that a beginner will be able to turn those sorts of numbers even if they were using big stakes, which they definitely shouldn’t be doing yet.
It is never the method that’s to blame for the long learning period which any trading system requires, it is the trader him/herself. Humans are not really built for trading, our emotions and instincts generally oppose everything which a trader must do to become successful. Not panicking, not chasing losses, not getting greedy by jeapordising a small profit in the hope of a bigger one, and so the list goes on.
It takes a certain type of person, not a certain type of method, to make a good trader. Of course having said that, the best trader in the world is no use to himself or anyone else without some kind of strategy to employ in the markets! But a good method is easier to find than a good trader, remember that. You need to become the latter.
This eBook will provide you with a good strategy, and it will do its best to help you learn how to adapt into the type of personality that makes a true trader, but it’s your task to put the two together and ultimately succeed.
Reviews
Here is an honest real-world testimonial from Shane, one of my regular readers:
“I've been involved in betting now for only about 5 years, in that time I have been mainly a matched bettor.
With bookies getting tougher on account holders who search for value I knew that I was going to have to have a longer term plan for regular profits. I also knew that my mini gun tactics were never going to be a reliable way of building up these long (and short term) profits on Betfair.
Just like anybody else who trades I had heard of laying the draw and I knew that it had been around since the start of betting exchanges. So just like most other traders I `had a go’ only to be blown out of the water in about three trades.
I thought then that this is probably why not everybody does this as it doesn't work!
In the background I would get these emails now and again from a guy called Tim who would send his selection through with what seemed to be a great strike rate. I started to take more interest in his emails and actually started to congratulate him on his successes. After a time Tim mentioned that he was thinking about producing a PDF manual detailing how he starts out picking his selections through to staking plans and taking profits.
He asked me (probably because he saw how green i was and that i needed help) whether I would be interested in reading through the PDF when he'd completed it and giving my honest opinion, good or bad.
Once i had read it I realised where I was going wrong. NO PLAN!
This manual is years of knowledge rolled into one easy-to-read and straight-talking PDF.
Tim shows you where he finds his team selections and the strict criteria of choosing certain matches, not just any old match like I used to do that looked good because it had low draw odds!
I've learned that to make money you have to use and stick to a proven system. Will you lose sometimes? Of course you will but he shows you how to escape the trade with the smallest impact on your bank to preserve long term profits.
Highly recommended by me and I thank Tim for giving me the opportunity to test this.
Best regards,
Shane.”
And another from across the pond (and down a bit!):
“Hi Tim, I read the LTD book, not twice but four times.
First I would like to thank you for giving me your years of knowledge. Second I would like to let you know that your book is amazing not only for the LTD but for game analysis in general.
You explained your method, which I believe came through a lot of hit and miss, in a very clear and simple way, which I strongly believe that if followed to the letter will be very profitable (human nature being controlled of course).
The book is very well written not as a novel but as a tool for traders and especially new ones like me. I felt I was taken by the hand and showed some state secret, it helped me already and I made a few bucks yesterday.
Again I would like to thank you for sharing your years of experience and knowledge.
PS: if you ever decide to give away any more experience I’ll be first in line.
Cheers and respect from Brazil, Karim”
“I would like to let you know that the LTD book (which was a present from a friend...) is my bread and butter now. You have helped me more than you can imagine and for that I thank you.”
There are many more reviews on the Testimonials page.
Purchase
I genuinely hope this eBook provides you with all the knowledge you need to succeed, as well as a simple but powerful method for finding profitable opportunities.
I can’t promise what the future holds for you, but if you can follow some simple rules, keep a cool head, and practice sensible money management, you have every chance of becoming one of the few people who manage to turn Betfair trading into a full time income and never have to wake up to an alarm clock on a wet winter's Monday morning again! (Unless there's an early Japanese League game you like the look of!)
I wish you all the luck in the world, but as you will soon see, luck really has very little to do with it!
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