Betfair Trading since June 2000!
How I learnt to trade Tennis
When I first started to trade Tennis, I needed a few things to be in place. One of those was an understanding of how odds move in Tennis match.
The reasoning was that if I knew that, I could pitch my opening and closing trades roughly where I wanted, where the market would move to. I could also start searching for ‘precursors’ to that key point in the match.
Also, with so many matches …
It’s that day of the year that you either love or hate. The August bank holiday in the UK brings a whole bunch of racing, all on the same day. Then as we drift into the late afternoon, the US Open tennis gets underway. Not exactly a relaxing Bank Holiday!
Today there will be 483 runners over 51 races. This may seem like heaven for some, but it’s a nightmare for others. Quite a few races will attract little liquidity, …
I made a post on social media this week about an article that appeared in the Financial Times. I didn’t realise at the time of posting, that in the background there was a mention of a sizeable position then went through the market at Royal Ascot.
I only realised this, when people started questioning it shortly after the post. Asking how it was possible put £125k through a market?
Ordinary or extraordinary?
This wasn’t an ordinary market, though, this was Royal …
Something snatched my curiosity many years ago about trading the evening racing during the summer.
Anomaly
It always seemed pretty anomalous to me, but I would always feel that I would do well on a Monday evening, But Tuesdays would often be terrible. The rest of the week would vary depending upon the type of races and courses where the evening racing was being held.
Closer examination showed that Windsor was producing consistently above average results. So I came up …
As the new season is upon us all football fans up and down the country will no doubt have fresh hopes about what the season will bring. Transfers have been done and hopes raised. But what is it that makes a team successful? What is the most defining characteristic?
The defining characteristic
As is well known, a lot of club revenue gets spent on wages to attract top players. This is in the hope that buying talent buys performances. Quite …
Now the football has started again, here is an insight into how I approach the whole season.
Off-season
During off season I am most active on research and new information for the next season. I gather a huge amount of data during the season and during the off-season I analyse it to take ideas forward to the next season. Same story this year.
I started analysing football matches in the 80’s, so I tend to focus on very specific problems …
How would you like some free money? A couple of clicks and you have instant profit on your screen (but maybe not your account!)
Book percentages
In an outright market than can only be one winner. That is why, if you add up all the odds and percentages, the market will settle on a book value of 100%. If you can lay above 100% then effectively your payout is only 100% but your profit will be anything above that.
If you …
From a trading perspective I like multi day high quality meetings. They usually throw up some good opportunities and are a welcome addition to the month.
Goodwood
As you may know, these higher quality meetings produce extra volume and that can change the characteristics significantly. But don’t let Goodwood fool you into thinking it’s the same as a Royal Ascot or Cheltenham, it behaves very differently. Goodwood benefits from decent volume but it’s not as much as some major meetings. …
An old phrase, but one that is equally applicable to trading at this time of year. As we are now in peak trading season, it’s time to harvest!
All about the execution
At this time of year, you have many opportunities, so I will stretch every sinew to do as much as I can. Everything else has to take a back seat, I’ll be a little less active on the blogging, fewer education events, less time for chit chat or …
The British Open is different from other majors in that it is played on rotation schedule across a number of ‘links’ courses in the UK. Links courses are traditionally near the sea, are near or on dunes, have an uneven surface and a sandy soil. This is in stark contrast to a lot of ‘modern’ courses which are often set in parkland or woods and carefully manicured.
Weather and links golf
Links golf is very different from traditional golf in that it’s …