Betfair Trading since June 2000!
This is a continuation of the story of how one of our team found a job behind a bookmakers trading desk. In Part One, you hear about the journey of how I found myself to be behind a bookmakers trading desk. In Part Two you hear about how my initial nervousness caused me to create…
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For part one click here The offices behind the scenes of the high street shops The department was massive, large TV screens covered the walls, there were rows of desks with multiple screen set-ups. It looked fantastic, I knew I had made the right decision to apply for this job, I felt a buzz just…
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What is it really like behind the scene of the bookies? A few years ago somebody joined my team. We draw on many different backgrounds including a wide range of people but in this case, his former job was on the trading desk at a big bookmaker. I thought it may be interesting for you to…
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So what is the secret to profitable a betting or trading system? It is going on a good run, getting a big profit, a long run of small profits? If you want to profit over the long term with any Betfair trading strategy. You need not only to know how to trade on Betfair, but…
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Last year I managed to get a record result from the Cheltenham Gold Cup, Grand National, Derby and bagged a decent result, though not a record, from the Melbourne cup. I was able to lock in a profit on the Betfair exchange pre race, winning before the race had started and regardless of who went…
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How the bookmakers get you… If you’re looking at a betting market, the only way that you can make money in the longer term is by backing at odds that are above the implied chance of that particular event occurring. If you can back a football team that has a 50% chance of winning but…
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When we are talking Betfair trading, I’m predominately a pre-race horse racing trader. I can carefully manage risk, my potential liability is known and my profit doesn’t rely on what happens in the race. It is a market purely driven by opinion and that’s why I love this particular trading style, you win and lose…
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If you’re new to Betfair trading software like Bet Angel, but have used and are familiar with the Betfair exchange itself. The one-click betting screen of Bet Angel is great if you are familiar with the standard Betfair website. Most Betfair trading software includes something similar where the Betfair web site is replaced with a…
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I’ve recently been contacted by someone who had fallen victim of a scammer. Through this unfortunate turn of events, he had £17k of his unclaimed money stolen from his Betfair account. Sadly, through the years I have heard many stories of victims of fraud and this recent example of a Betfair exchange scam has prompted…
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The question of how efficient pre-off racehorse racing markets on Betfair is one that often crops up and for most people, their first response is that they are very efficient. While this is true at a general level, at the same time the markets are also seemingly very inefficient, so how can it be both?…
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