We offer a free week trial for new users of Trademate Sports because we believe in our product. No one should have to pay a decent chunk of money for something they don’t know how to use yet.
However, one of the problems we see with people who have just started using Trademate Sports, is that they get the second step wrong: not setting up and using your Trademate account in the most optimal way!
If you read through this WHOLE article, you will be one of the few people who gets the most out of our software and have a much better chance of long-term success. And as always, if any of this is confusing or we have missed anything, please don’t hesitate to message us in our customer support chat.
More bookmakers means more edges, and the ability to spread your bets across multiple bookmakers, rather than placing hundreds with one. At a minimum, we recommend using 4 bookmakers at all times.
Firstly, you need to choose bookmakers that are legal in your country and are supported by Trademate. This article explains exactly which bookmakers we support from your country.
Secondly, you should choose the bookmakers which give you the most value bets. If you want to know which bookmakers give you the most value bets, send us a message in the customer support and we will let you know.
Getting this right is critical, starting with a bankroll that is too high/low is the main reason why a lot of people fail during their first month using Trademate. Most people start with a bankroll somewhere in the range of €1,000 - €5,000. Most of the Trademate team started their value betting journeys with a bankroll of €3,000 of higher, here is why. Every time you place a bet with Trademate, your stake is based on a % of your bankroll. So, if you have a low bankroll (€1,000), you will be staking less, which means you will profit less. This means it is going to take you more time and effort to pay for your subscription fee and make a handsome profit on top of that.
In summary, if you have €5,000 to dedicate to betting, that's great, but if you are starting with something smaller than €2,000, be aware that you are going to have to work a lot harder. It is also important to note that you should never start with a bankroll you are not comfortable with, find a number which suits your risk profile.
Watch the start of this video for more information about expected profits using various different bankrolls.
You should always try to max out the bookmakers' welcome bonus if you can. Deposit bonuses can vary from anywhere between €25 - €300. So if a bookmaker offers a €300 bonus, you should definitely take advantage of that! If you have a smaller bankroll and you’re unable to max out that bonus, then it could be a good idea to wait until you can. But remember, these big welcome bonuses don’t last forever!
Another important thing to note is not to deposit large amounts of money into one bookmaker, as it could flag your account. Try and keep your initial deposits below €500, anything more than that will make you look like a more serious punter. You want to look as recreational as possible to keep yourself from being limited.
Also, make sure to deposit a larger % at bookies with a larger number of trades and a lower % at bookies with a lower volume of trades. E.g. You might place 2/5 of your bankroll on higher volume bookies, ⅕ on lower volume bookies and keep ⅖ in your reserve bank account or e-wallet until you get a more clearer picture of which bookies give you the highest volume of trades in. It’s also good to have money in reserve in case you run bad at a bookie and tap out there.
An eWallet is an online prepaid account. Very similar to PayPal in many ways, except it’s not directly connected to your credit or debit card.
Some countries have restrictions on cards to their countries gambling laws (this does NOT mean that it is illegal) and have to open an eWallet account to use certain bookmakers.
But even if you don’t have to open an account it is not a stupid idea to do so anyway. It is a really easy way to keep track all your money that is used for betting.
Most bookmakers also have no transaction fee when using eWallets. If you want to spend some of your winnings you can order a Neteller debit card that is directly linked up to your account so you don’t need transfer the money back into your account.
If you want more information on how eWallets work or how you can reduce your eWallet fees read this article.
We are affiliated with eWallet Optimizer, so if you click this link and sign up with the code 'trademate' we will make some money and you will also benefit from less costs.
The video above covers most of what you need to know about setting up your Trademate account, but there are a few things missing which are key to Trademate success.
Kelly bet size: Watch this video to get a bit more knowledge on how the Kelly Criterion works and why we recommend 30%.
Max bet size: It is wise to define a max bet as a percentage of your total bankroll, so that your overall results are not dependent on the outcome of a single game. We have seen people place 10% of their bankroll on a single game, which means you are leaving the results up to chance too much and if the trade does not win, it will wipe out the progress of a lot of trades. Somewhere around 1-2% of your overall bankroll is what we recommend, but here are some more refined tips. With a €1k bankroll you should go with 2% of your total bankroll. With €3k bank, go 1%. Above 5k, go 0.5%.
Pictured below is our recommended settings for a €2k bankroll.
Let’s say you lose all our money at BWin now, all you have to do is deposit some money back into BWin and subtract that exact amount from BetClic.it.
Once again, we have countless examples like the video above, showing exactly how you place a trade with Trademate. Below we will list our main tips on how many bets you should place every day, when the best time to bet is and much more!
If you set up your presets based on our recommended presets or whatever presets you prefer, that means you should bet on every trade that comes up!
Round your stakes! This is one of the most common mistakes we see from our users. As we use the Kelly criterion to calculate the optimal stake to place on each bet, it means that you are going to be recommended stakes amounts such $7, $52, 303kr etc. Whatever you do, don’t place uneven amounts on a bet! Why? Because you are either going to look like an arber (which bookies hate!) or someone who has a strategy. You are not going to look like a regular punter (which is what you want to look like!).
So in these cases, round your stake to the nearest 5 or 10 dollars/pounds/euros. Or, if you’re from Scandinavia, round to the nearest 50kr. Here are some more tips on how to stay under the bookies radar.
As seen in the image above, you will notice over your time using Trademate that some bookmakers show you a “Take Me To Trade Link”, which in most cases takes you straight to the game you want to bet on, which saves you a bit of time! This feature is not available for all bookmakers we support as bookmakers are constantly changing their links, so it makes it very hard for us to keep up with them and make the necessary adjustments. So if you notice that a bookmaker you are using loses that feature or it doesn't work properly, it will most likely take time to fix. In these cases, we recommend getting familiar with the bookmaker you use, so you can become really efficient at placing trades. The best way to speed up the process is to use the bookmakers search function, which most bookies have (see image below).
This video shows where you go to track the performance of your bets after you have registered them. But, the closing edge is the most important statistic to look at. Although it’s very hard to put into practice, you shouldn’t even look at whether your bet won or lost, it’s irrelevant. The main goal of value betting is to beat the closing line of the sharpest bookmakers, and if you do that over time your profits will take care of themselves.
This article explains why the closing line is the most important metric in sports betting.
If you want to take a more wholesome approach to tracking your results (which is recommended), then your dashboard is the place to go (see video below). Your closing EV shows you how much you should be profiting.
Most of the time when people ask us why they are losing or what they are doing wrong, it’s the same answer: nothing! If you follow our recommended presets, staking plan and place lots of value bets you are doing the right thing. But, there is one concept that you need to get familiar with in value betting; VARIANCE!
We have a million articles about variance, but below we have listed the most important ones to read in a logical order:
Although Trademate does all the work for you during your value betting journey, it’s important to educate yourself on what profitable sports betting looks like and how you can improve. Below we have listed (in order) the best resources we have available for you take your betting knowledge up a level:
If you’ve completed your free trial and you understand that the best way to be profitable with value betting is to maximise trades, then your next step is to subscribe. You can do that by going to the ‘Upgrade’ tab inside your account and choose which package suits you best. By becoming a customer of Trademate, you are able to get access to few things you may not have been aware of, these are:
That completes our guide on how to get through your free week trial in the most effective way with Trademate Sports. As always, if you have any questions during your first week please don’t hesitate to message in our customer support. We pride ourselves on helping our users, so you should get a response within a few hours of asking! There are no dumb questions.
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