Betfair Trading since June 2000!
When I first started sports trading, I treated it like a 9-5 job.
I did all the usual things you would in a normal job and returned to my out of work activities after the day was over. Fairly quickly I realised that this wasn’t going to work and was a terrible error of judgement. All the best opportunities seemed to occur outside of ‘normal’ hours and therefore I had to shift my working patterns.Â
Shifting my workload
At first, …
I’ve been meaning to summarise Ascot. It’s always worth doing as you can refer back to it next year for comparison, so here goes: –
Turnover
Betfair ended up matching, at post time, around £70.5m which was up on last year by about 23%. Last year was down quite a bit so this returns the matched bet turnover to levels that would be deemed ‘normal’.
In the run up to Ascot, I reckoned it would trade around £65m so that’s …
And so here we are another year, another Ascot. That came around quickly didn’t it?
For me, it’s another declined invitation to attend the event. While that pains me somewhat. For the moment, I’d still rather be on this side of the desk during one of the busiest weeks of the year. You wouldn’t see a professional footballer work hard to only miss the champions league final, so missing any major meeting is not an option for me. It can …
Before we talk specifically about trading the US Open, why not check out our Golf trading videos at https://www.betangel.tv
I enjoy my annual foray into the US Open Golf because it reminds me of my very first activity on betting exchanges way back in June 2000. Aside from a small flutter on some financial markets, it was the Golf that launched my betting exchange career. Back then Tiger Woods was being offered at 4.00 for the championship and Colin Montgomerie …
We have reached the time of year when Monday and Tuesday racing drops to two cards in the afternoon.
The impact of just two race meetings
It’s an important time of year, as this changes the characteristic of these cards to the negative. But also it allows you to do a few other things and skip these cards if needed. Racing tends to be lower quality on a Monday and Tuesday and that combined with the 15-minute gaps in-between the …
Back in 2010, I commented during some bleak winters months, I had a dabble at Greyhound markets.
Since then I hadn’t done much work on Greyhounds as the return per day didn’t justify the effort. However, since that last post, two things may me revisit them.
The first is some renewed interest in the forum, and the second is the turnover figures I saw when I reviewed the markets at the start of the year. Bet Angel has …
I did a little piece on the General election recently for Betfair. Underlying it was some work I’d looked at recently on turnout for elections.
Apathy
When the election was called the markets shifted significantly anticipating a Conservative landslide. I immediately wondered if there would be a correlation between certainty and turnout. But first I had to work out what a ‘normal’ turnout would look like.
I looked back at elections since the second world and munched through some …
Today see’s the start of the 4th Round of the Roland Garros and its certainly been an eventful first week to say the least.
On day one the women’s world number 1 Angelique Kerber was dumped out 6-2, 6-2 making her the only number one seed ever to be eliminated in the first round of the French Open – there has only ever been four number ones who have gone out in the first round across all Grand Slams.…
Arsenal to finish fourth and win the FA Cup? Maybe not this year then, so it’s Wenger out?
Financial fair play?
I look at many different aspects of football aside from the general market pricing. Being able to read a financial report, a club’s financials can be quite useful for predicting long-term performance. Clubs that carry a lot of debt expense will see their ability to finance the purchase of new players squeezed. Clubs that are flush with finance can …
This is a phrase I’ll often quote when advising people on how to trade.
The real objective when trading
It’s really nice to bang in some massive results now and again, but generally, that’s not what trading is about. Most of the time I’m in a market I’m just looking for an opportunity. Something I recognise as having a decent chance of a payoff, with as little downside as possible. Sometimes you just can’t see them and sometimes they are …