Then they exit the market as fast as possible in order to limit exposure and risk. The best scalpers get in early and correctly predict the price movement. Scalping is all about predicting rapid movements in price in a market.įor example, if a well-known broadcaster provides a tip on a horse race, this will cause more bets to be placed and hence cause the odds to fluctuate. This is usually just 1-5 ‘ticks’ difference, for example, backing at 3.25 and laying at 3.20. Once this price is matched, we can ‘sell’ the bet back to the market at a profit. The important thing is to make sure you are ‘offering’ a price. It doesn’t matter whether you place your back bet or lay bet first. This sounds silly, but not when you take into account highly fluctuating odds. This means we are betting that the horse will win, and betting that the same horse will not win. Horse racing is a market that is favoured by scalpers.įor horse racing, we would place both a back and a lay bet on the same horse. This usually occurs with very popular events on a busy day of the week, usually the weekend. High volume, fast-moving markets work best with scalping. To be successful in scalping, finding the right market is key.
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