Pre-match/Pre-race/Pre-play trading is the prediction of exchange rate movements. Based on observations and analyses, you can anticipate market behavior and earn on it. In simple words, you can follow certain triggers that help you to predict where the price is going to be.
If you want to be a successful trader, you have to learn the basics of market observation.
You can immediately get into deep water when you start in-play trading, because these markets are often very volatile and you might easily lose all your assets. It also requires more experience, knowledge of market behavior and composure. Due to its dynamics, it is much more difficult, however, if done properly, you can expect a better payoff compared to pre-match trading.
In the case of pre-match trading, there are not such large fluctuations in exchange rates, thanks to which at the beginning of the journey you have a better chance of avoiding wrong decision with catastrophic magnitude.
You should never focus on money, but on repeating the same patterns. As a beginner, your aim should be to to gain one tick at the beginning of trading.
Tick is simply the smallest possible value between the odds. It has a different value depends on the price odds. The key price odds on the market are 2, 3, 4, 6, 10, 20, 30, 50, 100.
Incremental change in the price odds of the betting exchange follows this pattern:
Odds between 1.01 and 2.0, tick equal 0.01 (e.g 1.80 & 1.81)
Odds between 2.0 and 3.0, tick equal 0.02 (e.g 2.02 & 2.04)
Odds between 3.0 and 4.0, tick equal 0.05 (e.g 3.05 & 3.10)
Odds between 4.0 and 6.0, tick equal 0.10 (e.g 4.1 & 4.2)
Odds between 6.0 and 10.0, tick equal 0.20 (e.g 6.0 & 6.2)
Odds between 10.0 and 20.0, tick equal 0.50 (e.g 11.0 & 11.5)
Odds between 20.0 and 30.0, tick equal 1.00 (e.g 20.0 & 21)
Odds between 30.0 and 50.0, tick equal 2.00 (e.g 30.0 & 32)
Trading on one tick assumes playing very safe with a minimum earning on the smallest possible exchange rate difference. You aim to be on the exchange as little as possible to make a profit.
One tick trading is the way you have to start to become a successful sports trader.
