Betfair Trading since June 2000!
We had an interesting mix of sport at the weekend. As I suggested, I had a full blooded session on Saturday, but didn’t little on Sunday and choose to enjoy the sport instead.
In a previous post I talked about the ‘losers game‘, we saw some this weekend.
Win by not losing and win by winning
A triad of interesting sport awaited on Sunday. First up the British Grand Prix, definitely a case of playing the losers game. …
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 in the Wimbledon final tomorrow lets 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, …
If you have been active on Wimbledon these past two weeks you would have seen some great matches. But you should have also seen something else, maybe without realising it.
Often you see an outsider really battle away at a heavy odds on favourite, maybe even winning the first set, but despite this, their odds don’t seem to come in that much. Why is that?
What’s the point?
The first thing to note is there are a lot of points …
Surface problems aside, the main news from Wimbledon so far was the shock’ defeat of Novak Djokovic.
Of course things are very easy in hindsight. But that said, short priced players are easily opposed when trading, more on that in a second . The thing that is surprising in these cases is to see somebody who traded near 1.01 before the off losing. That’s rare, but certainly not impossible.
1.01 Losers in Tennis
I shuffled through one of my database of matches and found 442 matches …
It doesn’t happen often, but now and again all things conspire to produce a dead zone in the markets. For racing, we are currently in that dead zone.
Why does it happen?
Racing markets are seasonal and peak and trough around major meetings. The last was, obviously, Ascot. So you can get a trough before a major meeting, but you almost certainly get one after it.
Summer racing can be a bit weak as there are more meetings and the …
I’m pleased to see the 2nd round has just finished, on the first Saturday! So there is lot of Tennis to cram in on the 2nd week, starting today!
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 match. If I knew that, I could pitch my opening and closing trades just where I wanted. I could also …
Next week see’s the start of Wimbledon the pinnacle event of the Tennis calendar.
And one of the best ways to trade the Tennis markets is with automation. If you have never used automation before there is probably no better sport to start with and with the year’s biggest tournament about to begin this makes it the perfect time to dip your toes in and give it a try.
Why automation works so well
There are a couple of reasons …
As we move into the knockout stage, let’s review what’s happened in the Euro’s so far from a market perspective.
Turnover
The first thing to note is that the volumes are down a fair bit from Euro 2012 on Betfair. In 2012 in the group stages the lowest turnover match was £7.7m before the off and £17.8m at the end of the match. This year it was a paltry £1.6m and £3.3m, slightly lower than in 2012! I think it’s best …
And so here we are another year, another Ascot.
Ascot is obviously a big deal and, generally, I target it to be at least the second biggest week of the year. I’ll look to do more in a week than I can normally do in a month, so it’s a significant meeting. Wall to wall, quality racing, from Tuesday till Saturday. You also get the added bonus of lots of drunk people places bets on horses because they like the name 🙂
But …
I was at a meeting last week and was at pains to point out the difference between volume and liquidity. I’ll save the detail for another post at some point in the future, but here is a simple view and some examples, using just £100 stakes.
If you come on any of the courses we run, I’m happy to talk you through the strategy. It’s simple easy and really effective at tournaments like Euro 2016.
Stuffed full of cash…