Betfair Trading since June 2000!
Summer racing isn’t over quite yet and today kicks of the Ebor meeting at York. I’ve traditionally done OK at this festival each year so I am looking for something above average this week.
The Ebor meeting can yield some good results, but nothing is ever guaranteed and this meeting can be a bit random at times so it’s probably not going to be all plain sailing. It should be better than what we have been seeing recently though.
Traditionally, …
I think it’s safe to say we all had fun watching some of the opening premier league fixtures last weekend.
While it would be nice to think the whole season will be packed full of action of this kind, with remarkable comebacks and sterling fightbacks, Â it’s unlikely.
Trading opportunities
Obviously, a notable match was the champions, Chelsea, losing at home to Burnley who struggled to muster any decent away form last year. I and a number of people picked up …
Goodwood should have been renamed Greywood at the start of the festival, such was the miserable weather that accompanied what should have been a glorious week on the Sussex downs. But it was notable for one particular day.
The weather had a huge impact on the meeting last week and produced a below par performance from me and from the markets. I’d imagine most attendees on course last week, spent most of their time hiding from the incessant rain and …
You may have seen me post up results or information along the lines of ‘If you did this with £100 you would have managed to achieve this’.
I collect and analyse a lot of data and it’s all with the aim of identifying biases and the structural nature of a market. You would be surprised how many markets exhibit biases. Some have exhibited a structural bias for my entire trading career. I’ve casually dropped hints now and again and it’s …
One thing I’ve learnt over time is that whether it’s short term trading on Betfair or long term investing in financial markets being a contrarian seems to be a very, very effective strategy.
Why does contrarian behaviour work?
Over the years I’ve spent a lot of time looking at psychology and its impact on decision-making and it’s proved a fascinating subject. I’ve immersed myself in as much material as I can find, all in the quest of really trying to …
After a successful week, I’m ducking out of trading seriously today to watch some sport and do a few other things.
British Grand Prix stats
The British GP is curious in that, for a non-street circuit, the average outcome is quite variable from Grid to Finish. It’s the least certain race outside the street circuits. 71% of poles end up on the podium and it’s 50/50 whether second or third on the grid will end up on the there also. …
It was interesting to see the outrage over Cillic’s very slow service during the Wimbledon semi-finals.
Gamesmanship
I’ve mentioned on the blog several times that elements of gamesmanship are prevalent in Tennis. They are all designed to throw the person on the other side of the net off balance and out of the zone.
You see medical timeouts, comfort breaks, disputes, rain breaks when there are just a few drops. There is no better way to put your opponent …
The Newmarket July meeting starts today and is a decent highlight on the journey through the Month.
I’ve had mixed results over the years and is the sort of meeting where you want to do well, but you can’t push it as hard as at other meetings. If the opportunity strikes, you can usually make the most of it and get a decent result.
Last year went well, but, in my experience, it’s the sort of meeting where you can’t …
When you read that statement it looks a little strange. How can one point be worth more than another? But statistics seem to show that’s true. With Murray about to line up against a big server at Wimbledon so let’s look at the perfect serve.
Wimbledon
Wimbledon is the home of mighty servers, with alternate big servers booming the ball past their opponent. But what effect does it have? Some, it appears.
Over the last couple of years, I’ve been …
Most people know the significance of this date, but for a small group of traders, this date has even more significance.
Our story of this day
It started the same as any other day. I was scheduled to do a talk in central London on guess what, trading on betting exchanges. I took the train in central London, as did my delegates and after switching from overground to underground I remember clearly looking at the clock on the exit at …