Author Archive: Peter Webb

What it’s really like being a Professional Betfair trader

The glamour The idea of betting on sports for a living sounds really glamorous, doesn’t it? Watch some footy, stick a few quid on it then nip down the marina for a quick run out on the gin palace. That’s often how professional gambling is often positioned, after all, all you need to do is…

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US Open Golf – My first ever sports trading market

My first sports trading market Twenty-one years ago on the 18th June, for some reason at 22:24 at night, I opened my Betfair account and the rest they say, is history… Curiously it wasn’t the first betting exchange account I had opened. Back then you actually had a wide range of choices. So one of…

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How it started, how it’s going….

They say in life two things are certain, death and taxes. I’m almost certain that one other thing will happen though. I can imagine it now, I’m lying there on my death bed, my life is slowly ebbing away and finally, I’m gone. I’m pretty sure at that point a message will be sent somewhere…

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It’s Summer and that means two-card Tuesdays!

We have reached the time of year when Monday and Tuesday racing drops to two cards in the afternoon in the UK. The impact of just two race meetings This is an important time of year, as we drop to two race meetings in the UK. That means that the characteristic of meetings on Monday…

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Betfair trading strategy – Dobbing

What is Dobbing? Dobbing stands for double or bust and is one of a number of sports trading / betting strategies that you primarily use in-play. You place a trade before the off and ‘keep’ the closing position through the in-play period and that’s how most people do it. You profit with dobbing because of…

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In-play confusion netted a Betfair trader £10,000

So if you’re trading on pretty much any sport, one of the pieces of advice that I would give you is simple: read the rules! Why? Because if you don’t, you could fall into a number of traps. It’s also important to understand what governs the settlement of a market within an individual sport as…

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Bet Angel’s communication tool – A hidden gem

Where to find it Fire up Bet Angel and in amongst an amazing range of settings, you will find the communcations tool. To locate it click the spanner in the middle of the main trading screen and up pops all the settings you can modify in Bet Angel in there you will find it undr…

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Chester May Meeting

It’s the Chester May festival this week and it’s a welcome addition to the card, but based on previous years it’s nothing amazing from a trading viewpoint. Trading conditions Obviously, we all love some extra liquidity that the quality racing will bring, but it’s never been a meeting that I’ve got really good amounts from….

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Lay betting – Fully automated with Bet Angel

In this article, I am going to work through how to set up a simple piece of Betfair Automation on Bet Angel that will identify a horse within a race and lay it to a fixed liability. The purpose of doing this is just to give you an indication of something basic to do that…

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