Happy New Year!

Well mine has started well, connection issues again. BT did a great job of installing my optical fibre connection, through a large tree and across through neighbours garden to the pole. The only problem seems to be, trees grow. Apparently this is quite normal. But optical fibre cables don’t grow at the same rate, so I now have a very stretched cable which doesn’t like strong winds, which we had last night. Its up and down, so I will have to get the plonkers out yet again. Also please note I am on travels for the next couple of weeks. I will be trading as and when I can but …

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Unimpressive winner

Just a quick post as a couple of people asked me why the odds didn’t move on that trade. As the stats suggested, lahti scored, and not far off their exact statistical average for 1st goal scored. Nice. But the price didn’t move! Well it did, but not much, and certainly nowhere near as much as 99% of games do after the home favourite scores. Normally the odds would have gone out to at least 7, probably more like 8. But on this game it only went to mid 5s at best, then crawled down. Why did this happen? Here’s why… This game had very low liquidity (traded volume). It …

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Favorite My Betfair Sports Trading Strategies

Welcome to my Betfair trading blog, this began back in 2012 as an online diary of my football trading selections. Due to feedback from readers it quickly evolved into an explanation of my general approach to the markets, along with educational articles for people interested in taking up exchange trading themselves. In 2013, after a growing number of requests, I began to document my strategies in ebook format, something I only finished doing at the end of 2018 with my final ebook explaining my approach to pre-race trading in the horse racing markets.

If this is your first visit here, please take a minute to read my Welcome page which explains some of my background and some important things all aspiring Betfair traders should consider before diving in. For anyone new to the sports betting exchange, I have a completely free eBook which explains all the basics about trading, how it works, and how to get started as a complete novice.

Trading on Betfair allows you to work from the comfort of your own home with no travel costs and very few setup costs compared to most other types of business. If you’re a sports fan it can also be an extremely enjoyable way to earn a living! Sounds great doesn’t it?! Well it is! But it takes a serious amount of dedication, practice, and self-discipline. If you’re looking for a ‘hobby’, please look elsewhere! If you’re looking for a whole new career, be prepared to put in the hours. You’ll need to!

If you’re up for the challenge then go for it. I’m confident the information on my site will genuinely help you achieve success in your new career. I would wish you luck, but if you’re trading properly then you won’t be needing any of that! Leave the luck for the gamblers, they really do need it! 🙂

Update

Well I could have waited for what is more than likely going to be a full stake win, but I need to make a pizza so I am going to cut and run. As expected, Madrid set the score back level and then went 2-1 up so I am taking an exit there. I did my alternative exit strategy of laying the home team instead of backing the draw, The result is shown below. If i was watching I would be cheering on Levante now! When home team odds drop this low, this kind of exit costs nothing but gives a tiny chance of a whopping win 🙂 …

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WOW

Well the shortlist I have for trading today is probably the biggest I have ever seen in years of betfair football exchange trading. I am just doing stats, which could take a while and who knows I may still not end up with many trades as shortlists are only preliminary lists based on prices (so long as there is enough volume in the betting market to lay the draw). Will update soon …

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