Betfair

September Salisbury and it’s importance

Today we have a meeting at Salisbury, that’s not unusual at this time of year. But this meeting has some significance for all traders.

Why it’s an important race

Way back in 2003 Betfair published information on a specific race. Betfair went full disclosure on the race. It listed all the market participants what they did, how much they did, how many accounts were active overall and similar information.

On seeing this publication I just realised that it gave me …

New training course – Learn to trade on Betfair

Preamble

If you are looking at learning to trade, here is a way to get a really good start onto the first step of the trading ladder.

If you are coming from a gambling background, from matched betting or you are just intrigued by trading on sports. We can give you improved confidence in your initial trading journey by teaching you how to trade on Betfair. We’ve created a course that will do that perfectly for you.

You will get the software, …

Do Betfair markets reflect true opinion?

OK, for years the exchange mechanism has provided a very useful pricing mechanism. A careful aggregation of demand between people competing on a level playing field and it has provided a beautiful insight into the way free markets can work to mysteriously, accurately, price an event –  in this case the prediction that something will win a sports event.

Changes

But we have been watching closely as the market has gradually decoupled from it’s long established core. What do we mean …

The Oak’s Betfair’s first ever market

So today we reach the Oaks and tomorrow the Derby when the summer racing really starts to step up a gear. The start of June means Royal Ascot is just around the corner.

If you are a Betfair newbie you may not know that the Oaks at Epsom was Betfair’s first market way back when they started in June 2000. But it was a little later that year, on June 11th. Mark Davis reminisced on his blog about it. I …

How evening racing is different

We have now started the evening racing in earnest and it won’t stop till the end of August. So you have four months to make hay while the sun shines, not forgetting we are in the England, so it won’t shine much.

However, there are at least four different states that you see in racing during this period.

(1) Afternoon racing

This tends to me higher quality than the evening racing and will therefore trade differently.

(2) Evening racing

There is