Five Minute Profits.
In a few days I will be testing the Five Minute Profits system which costs £ 29.00 and comes in the form of the usual PDF download. The book is well written and the initial pages are directed at getting the correct mindset for trading with emphasis on not being too greedy and has good examples and screenshots etc. Basically what we are looking at is a trading method using specific pointers within the Betfair market place in order to predict a few ticks profit based on the type of lay or back bet we decide to make acting on the information gleened. This is based upon proven price criteria which is likely to give us an ideal and quickly exectuted trade with low risk.
The system covers both low risk trades and guaranteed trades on the general understanding that once you have got the hang of it then how you feel you can make the profit is entirely up to the individual. The emphasis is on smaller regular profits and is by no means hailing itself as a get rich scheme which makes a refreshing change. Markets will need to be viewed just before the off so may not suit 9-5ers although the use of a bot can make life a bit easier and plenty of evening racing is available so most people have some opportunity. I will familiarise myself with the techniques which seem simple enough to impliment and will fill you in on any snippets throughout the test as normal. There is a second method on greyhounds within the ebook but for the purpose of the test we will stick to the main category. I have decided to use an average stake of £ 30.00 as the general benchmark and see how we fair.