{"id":3205,"date":"2011-03-05T07:02:27","date_gmt":"2011-03-05T07:02:27","guid":{"rendered":"http:\/\/www.betangel.com\/blog_wp\/?p=3205"},"modified":"2012-03-04T17:39:07","modified_gmt":"2012-03-04T17:39:07","slug":"safety-in-numbers","status":"publish","type":"post","link":"https:\/\/www.betfairtradingblog.com\/blog_wp\/2011\/03\/05\/safety-in-numbers\/","title":{"rendered":"Safety in numbers&#8230;"},"content":{"rendered":"<p>An overlooked strategy on betting exchanges is spreading your risk across a number of selections and \/ or markets. A lot of people think this involves more risk but I&#8217;d actually argue it involves less.<\/p>\n<p>By doing more you increase your chance of a return and minimise the pain of a loss. This is strategy that can be applied in a number of ways but can most commonly be applied across, say, a number of football matches before the start. I will often group matches into batches where I will take a position on 3-5 matches in one go. I&#8217;ll be looking for a general characteristic that should deliver a payoff. If I am wrong I can exit one or more positions or cash in on others. You can see a simple example of how to do it here: &#8211;<\/p>\n<p><a href=\"https:\/\/www.betangel.tv\/video\/using-spreadsheets\/watch\/22\/03--bet-angel--linking-multiple-football-markets\">https:\/\/www.betangel.tv\/video\/using-spreadsheets\/watch\/22\/03&#8211;bet-angel&#8211;linking-multiple-football-markets<\/a><\/p>\n<p>If you pin your risk on one event, one loss could be significant to you and cause you a fair deal of emotional pain. This level of risk is also likely to force your hand. Spreading out the risk may reduce your immediate return, but,\u00a0 if you are following a net positive strategy, then increasing its scope shouldn&#8217;t worry you anyhow. In fact, it could get you to a more positive place in double quick time. This is because you will learn quicker and increase your scope in a defined and controlled manner.<\/p>\n<p>I only ever aim to be right more often than I am wrong, I am playing a numbers game. Doing this by putting more through the market across more selections I have found aids me in this process. I&#8217;d recommend it.<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_3205\" class=\"pvc_stats all  \" data-element-id=\"3205\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n\n<div class=\"twitter-share\"><a href=\"https:\/\/twitter.com\/intent\/tweet?via=betangel\" class=\"twitter-share-button\">Tweet<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>An overlooked strategy on betting exchanges is spreading your risk across a number of selections and \/ or markets. A lot of people think this involves more risk but I&#8217;d actually argue it involves less. By doing more you increase your chance of a return and minimise the pain of a loss. This is strategy [&hellip;]<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_3205\" class=\"pvc_stats all  \" data-element-id=\"3205\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1421,1422],"tags":[441,917,228,615,68],"class_list":["post-3205","post","type-post","status-publish","format-standard","hentry","category-general","category-strategies-2","tag-betting","tag-safety","tag-spreadsheet","tag-strategy","tag-trading"],"_links":{"self":[{"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/posts\/3205"}],"collection":[{"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/comments?post=3205"}],"version-history":[{"count":6,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/posts\/3205\/revisions"}],"predecessor-version":[{"id":3507,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/posts\/3205\/revisions\/3507"}],"wp:attachment":[{"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/media?parent=3205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/categories?post=3205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/tags?post=3205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}