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CPTrader posted a topic in EarningsDo we still think it's possible to earn a good living long tern from pre race trading say £30-40k manually trading without diversifying into writing training courses YouTube etc.
As I mentioned, the amount of money traded on a typical greyhound race isn’t staggering. It’s usually in the range of £10,000 to £30,000 per race. Despite the total amount of money traded being very low, there is still a good opportunity to earn some extra money. All of the money usually arrives to the market in the last two or three minutes, which means there is a quite a nice amount of market activity during this time. This is when I make money on greyhound racing. I only trade the greyhound market if there is at least £1,000 matched in total at least 1 minute before the start of the race. For example – if there are 2 minutes to the start, and £2,000 matched, I can trade. In contrast – if there were just 30 seconds to the start, and only £900 matched, I wouldn’t trade. 10.1.1. Stakes On most greyhound races, I use stakes from £10 to £50. Bigger stakes can manipulate the market and it can be tough to exit if the market goes against me. 10.1.2. Earnings You’re probably curious how much is possible to earn on greyhounds per month? In the first few years of my trading, I was able to consistently earn £1,000+ every month; my best greyhound months were around the £2,000 mark. I believe it’s possible to earn more these days because the liquidity has improved since that time with almost every race having a live video feed in Geeks Toy. Liquidity is always better if there’s a live video feed of a sporting event. Daily profit on Greyhound racing But sometimes you can also make a nice amount on a single race As you can see, the numbers are not high enough to be a full-time greyhound trader if you live in an expensive country but it can definitely be a nice addition to your income. < PREV | HOME | NEXT >