Here are some of the genuine comments I have received from readers and those actually using my trading methods regularly on Betfair…
“Tim’s trading methods are by far the best I have come across – and I have seen plenty. Not only are they simple to implement catering to both newbies and experienced traders alike, they are also very thorough and comprehensive. They cover everything you need to be successful trading the sports markets. Nothing is left out. My trading has been turned around and I’m now making consistent profits.” James M.
“I use your LTD selection criteria with very good results regularly.” A.V.
“I was having a few drinks with a couple of friends in september 2016 when one of them started talking about something called Betfair. Next day i went on the internet and did some searching and found out that it was intresting and as i further looked around i understood that it was not just another online betting site, so i looked into it further and found ukfootballtrading.com.
i downloaded the free ebook and started trading a little bit, a hit here a miss there. Then i got the LTD book and everything changed…..(just a couple of days ago)
I’ve been quite aggressive since starting with a low bankroll for testing. It’s up 38% in two game weeks, so not a bad start!
The LTD book is extremely easy and well explained, if you have the understanding of what is Betfair, it will show you the WAY to an easy and very reliable method.
It will also show you how to analyse and choose a game, which for me is the most important thing, otherwise you will be trading (more likely betting) blindfolded.
The book actually takes you by the hand and shows you what to do in easy baby steps, it is not rocket-science, altough i think that the writer is a betfair scientist and he is giving away the research for peanuts (after you read the book you’ll understand)
A free piece of advice IF YOU ARE NEW TO TRADING, LIKE ME, THIS BOOK IS UNLOCKING A DOOR, ALL YOU HAVE TO DO IS PULL THE DOOR OPEN……….
cheers from Brazil
(July 2019) – “Evening Tim,
Just a quick e-mail to say I have now had my first read through of your Lay The Draw E-Book.
Despite being given a very generous offer of a refund within 7 days of purchase if I decide it’s not for me, I can tell you I have no desire to cash that in!
This is seriously good content and I’ve been around the block a bit when it comes to buying trader training materials. Usually, something in the training doesn’t sit quite right with me, or there will be contradictions within it. However, this book is very different.
Everything is laid out clearly, it all makes good logical sense and no alarm bells have gone off.
We are entering carefully selected, statistically backed trades and coupling this with sensible and disciplined staking and trade management.
I’ll no doubt have a handful of questions to throw your way around trade selections as I start practicing, but other than that, it’s down to me and my ability to stay disciplined and manage my own psychology. Love it.
Thank you, Steve”
(September 2019) – “Review of the Pre-Race Trader’s Bible:
As a German, my relationship to betting and especially trading is double-edged and loaded with problems. In 2012 Betfair left the German market and since then it was not possible for Germans to use Betfair. At that moment my budding trading career had come to a sudden end.
Some years later I joined Matchbook, with far less liquidity, but four months ago this also came to a sudden end as Matchbook also left the German market. So several years of part-time hopping from system to system and trying out different betting and trading approaches, it all ended.
I often had felt lost after spending endless money on useless courses where self-styled “Pro’s” clicked wildly around the screen in scalping and trading videos without any read thread and comprehensible decision as to why they clicked when they did. It seemed nice to watch, but the educational value was zero. Then something happened, I got the chance to have a new Betfair account via some loopholes and that was the moment when I sat back and thought about what was necessary to give it a last and this time hopefully successful try. Something in my mind told me there must be a written book/manual/script to enter the horse racing trading market to fully understand the detail and get hold of all the necessary stuff to treat it like any other serious business.
I knew there were (expensive) courses in England from Peter Webb, not possible to take part for me at the moment and with my basic English speaking skills. So I googled something like “pdf racing trading” and found ukfootballtrading.com and the Pre-Race Horse Racing Trader’s Bible. At first I thought “A real bible should be found on a domain dedicated to horse racing, this is probably just another rubbish overpriced manual with basic Betfair bla bla and some written ‘strategies’ for newbies, so leave it alone”. But then I read some posts and articles on the website and was positively surprised by the seriousness and attention to detail of this guy who seemed not to have heard the word ‘marketing’, but instead had real knowledge about trading.
Compared with other sites it looked very old school html, which seemed key to attracting the right people with the will to learn and not system hoppers that need marketing rubbish and insider knowledge from ‘insiders’ and Betfair ‘whistleblowers’ or other BS, the sort of stuff I had paid lots of money for over the last few years. So I contacted the owner of the site, Tim, and his answers to my questions were very different to all the other system-sellers and made me curious, maybe the second sign of luck after the chance of a new Betfair account I now owned?! To make it short: I gave it a try, bought the bible and read & worked through it over the last 4 weeks. Here is what I can say about the ebook so far:
1. My initial concern about my very basic English was unnecessary. I understood everything very well, I had to translate maybe 10 or 15 words, everything else I could understand from the context.
2. The first look showed me that it was great and very detailed material that – if I worked properly through – could give me the edge and knowledge I needed to successfully enter the racing trading shark tank.
3. I don’t like to read on PC, Laptop or Tablet, so I printed the bible to have it in offline form and get closer to the material. Reading on the screen often leaves me with headaches and I wanted to give myself the best circumstances to learn and understand every detail, so this was the beginning.
4. I was very impressed by the stock market background of Tim, as it gives the whole approach another dimension compared to all the more gambling-style traders out there.
5. The writing style is very ‘catchy’, detailed, emotional and educational. Tim speaks to you as the reader like he’s your personal teacher and you can feel in every page that his biggest goal would be to convert YOU from a 9-5-addicted and dependant slave, into a Pro Trader who extracts money out of the markets with your own style. It’s like a toolbox that everybody will use a little bit differently. His experiences and many past mistakes are priceless.
6. The ‘background-thinking’ instead of binary black and white, opens your mind in a direction that helps very much to circumnavigate all the possible pitfalls you will be confronted with on your journey to successfully trading the horse racing markets.
7. I think now, after reading the bible, that this complex subject can ONLY be learned by either working through this book, or by looking over the shoulder of a friend for months who has trading knowledge and educational experience as well. It is not possible by watching some videos. Everybody can produce screen clips of winning trades, they are useless or even worse, they often (as with me) lead to wrong decisions regarding your own trading and leave you confused.
8. I read through the first pages and got very excited and motivated by the writing style. I have now read through the whole 460-page-bible in the last 4 weeks and see this as my first step into the trading world. No button clicked, no ladder opened for trading, only read, re-read and asked Tim some questions, but 95% of the content was self explanatory.
9. I don’t want to go into great detail about the specific content, but the bible covers every aspect of trading, the most important thing to learn for me was the right mindset I gained through it and the understanding that no ‘insider system’ is going to bring me success, but instead the right mindset and flexible techniques which can be adjusted to MY personal style and knowledge at the moment, and this will – hopefully – change over time, so that my trading style will be more complex and diverse in time, but for now, I won’t click blindly any ladder. Instead I will just watch, wait and be patient, learning by watching and trading with small stakes to find my personal angle in the market. That’s the plan for the next few weeks and this knowledge alone about the patience and discipline needed is worth much more than the bible costs.
10. Ok, I’ll now go a little bit deeper into the content: Tim follows a top-down approach. He first gives an overview about the racing markets and everything that influences the prices. Then he covers every trading style possible, in great detail. He gives you checklists and to-do’s for gaining the necessary skills and, last but not least, gives many detailed examples you can work through to understand his thinking in every possible market situation.
11. The ebook price: I don’t know why Tim sells the bible so cheap, it is worth minimum 10 times the money and he could easily make an email/online course out of it to charge much much more. If you read the full bible, you will understand why he does it as he does it, so I don’t want to say more about that here.
So what can I say as conclusion? Learning to trade is not only a great way to make money and gain a lifestyle without all the pressure and limitations of a normal 9-5-job, but it can transform you as a person too, because the habits you learn are transferable to every other aspect of your life. That said, I’ll now make the second step, go into the second month of my trading career and jump into the water that is no longer cold, but feels lukewarm, so many thanks to Tim for heating the water!!” (Anonymous)
“I’ve just finished reading through it and it looks very interesting with sound advice about how to get an edge when selecting races to use the method on. I’m looking forward to trying it out at very small stakes tomorrow!”
“Hi Tim I recently bought your ebook Lay the field and I am absolutely delighted with it . I am now probably going to purchase your ebook lay the draw. For this book (LTD) am I right in assuming that I do not need trading software to use this strategy. Many thanks in advance . John”
“Hi Tim. I read the LTD book, not twice but four times.
First i would like to thank you for giving me your years of knowledge.
Second i would like to let you know that your book is amazing not only for the LTD but for game analysis in general.
You explained your method, which i believe came through a lot of hit and miss, in a very clear and simple way, which i strongly believe that if followed to the letter will be very profitable (human nature being controlled of course).
The book is very well written not as a novel but as a tool for traders and especially new ones like me. I felt i was taken by the hand and showed some state secret, it helped me already and i made a few bucks yesterday.
Again i would like to thank you for sharing your years of experience and knowledge.
PS: if you ever decide to give away anymore experience i’ll be first inline.”
“I’ve been quite aggressive since starting with a low bankroll for testing. It’s up 38% in two game weeks, so not a bad start!”
“I purchased your LTD E book and have to say it is without doubt the best wrriten and informative ebook I’ve ever had the pleasure to read.”
“I bought your LTD Method and that was a very comprehensive piece that goes into lots of detail not just about the method of selecting matches but also about the staking and the trading mindset which I think is crucial. I was very impressed with it and have learned lots and it has definitely improved my trading results in football. It really was a breath of fresh air unlike so much of the utter rubbish on the internet these days. I am therefore confident that the methods on horse racing will be equally impressive and I am sure it will be worth the wait.”
“I’ve read it! Although i would probably advise newbies to read it about 3 times before attempting anything as there is alot to take in, that`s not a criticism you have just written it with all of the steps that you personally carry out before trading.
In my view anybody that sees LTD as a good looking way to earn an income doesn`t need any more than this apart from the experience of buggering up a few trades themselves and learning from it.
Highly recommended for people that want to trade part time or for a living eventually, well done Tim.”
“I’ve had fantastic success with it so far. Very profitable, very consistent.”
“Bought it, loved it. I would wager that the majority of those purchasing your book are like me – stuck on the hamster wheel of 9-5 (or 8-8) and trying to find a way off. It’s one of the first books I have read which offers genuine hope of having an alternative to the mundane. ” JS
“Thanks Tim, your knowledge and advice is worth its weight in gold.”
“Superb as usual!”
“Can’t wait to see your stuff, I know it will be great to learn from, as was the LTD book.”
“So far two months in profit…I am pleased with this so far! :)”
“Brilliant article, I am working my way through it at the moment. Many thanks for all the work you put into it. I’ll definitely be interested in your pre race ebook.”
“I bought your ebook this week, and have to say that it is the best written trading ebook/system that I have ever bought, and I have bought a few over the years. My biggest weakness with trading has always been a lack of discipline with selections, and your selection process is brilliant and really very helpful. Well done on a brilliant book.”
“Hi Tim, £600 today…you really see the benefits of bet angel?… I didn’t think we would need it with this strategy and only really needed in before the off trading on racing”
“Your Lay the Draw piece is probably one of the best I have come across (and there is a LOT of stuff..mostly rubbish..written on it as I’m sure you know!!)”
“Thanks Tim for all your tips they are very accurate, and PROFITABLE.”
“Hi, I have just read your blog about LTD and think its brilliant, tried it twice and won both times. Thanks for this.”
“I really appreciate all your help, advice and input and I must say almost everything you have ever said has been bang on and I still have a lot to learn, but learn I will, so please have patience with me lol.”
“Once again you’ve been very helpful. So again, many thanks. It’s obvious you care about helping your customers.” Mark
“So far so good today – Desert Ace (3.15 Carlise) and My Reward (4.15 York) both did the business. British Embassy next!”
“Hey Tim, I had a small loss on the PSV game but I don’t mind, still a profitable day overall so the bank roll increases which is the main thing.I see you did ok again, well done.”
“Thank you very much. Your system is fantastic, I’ve got into it quite quickly, and your backup is second to none.”
“Thanks again for a great book.“
“I’m doing good with your system, for the first time ever. Thanking you…”
“I’ve gone through all of your blog posts (since the very beginning) in detail to try and learn about “Lay the Draw” as much as I can, it was extremely helpful. I wish you could post updates more often but I completely understand what it’s like to be busy with other stuff. Regarding your future product, I would probably be one of the first people in line to buy it….I’m staying glued to your blog.”
“I felt indebted to you which is the reason why I reached out to you in the first place so hopefully my mind will be at ease from now on, because I used your own exact match selection criteria to make this strategy work.”
“Hello again Tim, Well things are starting to look up now that ive come to terms with the Spanish Betfair lingo! I feel comfortable with the LTD approach and having stuck with it,i am now beginning to claw back some of the losses from my very rocky start, with seven of my last nine trades being successful having halved my stakes. With the dreaded international break upon us once more,i thought it would be an ideal time to purchase your book and having done so,i was amazed to see that you use the same stats reference that ive always used “soccerway”,but for different purposes, trading as opposed to gambling,so this has given me confidence in my match selections and this is starting to show in my results.The thing with me is that ive always enjoyed reading football stats and your book has opened my eyes to their importance where trading is concerned.I now understand how to exit at the right time,although the urge to wait for another goal is never far away and the % of the bank rule is a very sensible recommendation.My stakes are small but its surprising how quickly you can make up the deficit even though i tend to get out pretty quick after the first goal and could probably have made more by waiting, but your quip about mr.greed and the tree made me laugh,so it sticks in my mind which is a good thing at my age!! Thanks again for an excellent read.”
“Again, what a thoughtful and inspirational message, thank you. I am certainly excited going forward…”
“Thank you for your EBook, best investment I ever made. This is the best success I have ever had, and I’ve tried Forex & Pennystocks. This is the best success I’ve ever had, and I’m picking them myself. It gives me great satisfaction. I’m only trading with £4.00 for each trade which means I’m not under pressure. I’m beginning to think this could give me what I’m looking for, which is to occupy my time when I retire and supplement my pension.”
“Really liking the lay the draw strategy at the moment hope it continues this way”
“By the way I enjoyed your LTD strategy ebook, definitely gave me an insight into how to be selective about trades… your daily selections and shortlists are also useful too”
“I enjoy reading your website from 4-5 years ago, it inspires me. I know rules exist for a reason and you sharpen the sword comment is 100000000% spot on, if only we were not human ehh, if only we were not impatient and stupid at times, I like to think that even though I make mistakes I am still learning, I have a way to go, but I will achieve, I will get where I want to be, and you are a part of that so thank you 🙂 “
“I’m doing good with your system. You have to be patient.”
“I`ve been involved in betting now for only about 5 years, in that time i have been mainly a matched bettor, taking bonuses from bookies with the occasional trade on Betfair.
With bookies getting tougher on account holders who search for value i knew that i was going to have to have a longer term plan for regular profits. I also knew that my mini gun tactics were never going to be a reliable way of building up these long (and short term ) profits on Betfair.
Just like anybody else who trades i had heard of laying the draw and i knew that it had been around since the start of betting exchanges. So just like most other traders i `had a go’ only to be blown out of the water in about three trades. I thought then that this is probably why not everybody does this as it doesn`t work!
In the background i would get these emails now and again from a guy called Tim who would send his selection through with what seemed to be a great strike rate. I started to take more interest in his emails and actually started congratulate him on his success. After a time Tim mentioned that he was thinking about producing a PDF manual detailing how he starts out picking his selections through to staking plans and taking profits.
He asked me (probably because he saw how green i was and that i needed help) whether i would be interested in reading through the PDF when he`d completed it and giving my opinion.
Once i had read it i realized where i was going wrong. NO PLAN!
This manual is years of knowledge rolled in to one easy to read straight talking PDF. Tim shows you where he finds his team selections and the strict criteria of choosing certain matches, not just any old match like i used to do that looked good because it had low draw odds!
I`ve learnt that to make money you have to use and stick to a proven system, will you lose sometimes, of course you will but he shows you how to escape the trade with the smallest impact on your bank to preserve long term profits.
Highly recommended by me and i thank Tim for giving me the opportunity to test this.
“You’re a genuine guy who knows your stuff.”
As you know I have bought your football trading ebook and I really enjoyed using this. So far from 16th Jan to now, I made £22.63 profit but only stake in around £5 per match. Obviously, its looking good at the moment but that is only early days. I can imagine if I stake in high like that then it will come out massive profits. So I am sensible and start slowly with using 1% staking to build up.
Normally, most of times when I buy ebook from many vendors and I always refund it because it was all rubbish. Great thing that I will keep your ebook and will not ask for your refund because it is working and extremely effective for me because it make sense when using your simple strategy on LTD. Like you say it have to be selectivity on some match and I am pleased to have this working strategy like what you use it everyday. Thank you Tim…
I will keep update with you for over two months and I can’t wait for your new strategy… 🙂 “
“Its the fact that you are aware of beginner mentalities and beginner mistakes and that you make everything as black and white as possible that sets you apart. Your customers actually obtain a full working system that they can use from day 1 pretty much.”
“Thank you for your wonderful Book LTD. I received it yesterday.”
“In Play Horses Trading – again 2/2 yesterday with Gustav Mahler and Miss Rosina”
“Well I have a lot to thank you for so just giving credit where it’s due! I think you are a great judge and your knowledge of statistics is outstanding in my opinion…lies, damn lies..it’s how you interpret them and you sir do a great job so thank you! Love the site, learn so much from you and it’s greatly appreciated.”
“Thanks for all the lessons and help, I cannot tell you how much i’ve learned.”
“Hello Tim, I just wanted to say your doing a great job with the blog and the site in general, I will be sure to buy your ‘Lay The Draw’ ebook this week, Iv been following your poss for a few weeks now, keep up the good work mate”
“Your ebook has helped me to nail the first type of trade. Now I just need practice to nail the second type of trade! That will be my goal”
“Apart from that i would like to let you know that the LTD book (which was a present from a friend…) is my bread and butter now. I also read all your back posts and i mean ALL and i learned so much it’s amazing. You have helped me more than you can imagine and for that i thank you.”
“I have bought and just finished reading your in-play Horse racing trading book. Like the LTD ebook it seems to leave nothing out and first impressions are very positive!”
“I’ve just purchased your LTD e-book and had a good read through. Your advice on the mental/emotional element of trading is really excellent and I can see that this will be key to having a successful journey with this!”
“Thanks for the reply Tim. Luckily I tried again some time later and it worked! Loving the content and can’t wait to put it into action.”
“Out of the blue the other day my wife came up to me and said “You’ve given up on making money with this trading, haven’t you?”. Of course, I was pretty confused by this! Turns out that she was expecting to be bathing in £50 notes by now and isn’t that excited about the “small change” I’ve been making!! I had to explain to her about the concept of scaling up gradually and % staking according to bank size etc, after which, she looked at me like I was a little crazy with a grin of disbelief on her face! So……………….it turns out that I not only have to master my own emotions and discipline whilst trading, but also those of my missus!!! After I got over being offended by her comments, I had to laugh as I remember that I’d told you that she was quite understanding about what I’m trying to do! I definitely retract that statement!”
— Mr Definitely Anonymous!!
“I have been learning everything I can in the last year and a half pertaining to Betfair Trading with emphasis on the horse racing markets. As anyone who has tried to make money from these markets will tell you, there is a crazy amount of information to learn before you can even survive let alone profit in this sphere. In addition, much of the information you can find has to be learned very slowly from painful losses or gleaned from cryptic advice on forums. I have spent money (and time) on a few trading lessons, video courses, etc. and I have been extremely disappointed in the lack of detail they provided.
Tim’s book provides both a main framework for making trading decisions as well as the subtle details that will allow you to avoid unnecessary risk in your trading. What I enjoyed most out of this e book was the lack of ambiguity in Tim’s methods. He explains his trading style in a very straight forward manner, for example (this is what I do first, this is what I do second, etc.) all while telling you why these steps are important. The book is organized in a very structured manner with each new chapter building upon information learned from the previous one making a sometimes overwhelming subject more digestible. At the end of many chapters, I was left thinking, “Yeah, that makes a lot of sense, why hadn’t I thought of that”.
The book really helped me to put all the pieces of a complicated puzzle together into a form that actually makes sense. Tim offers detailed examples from real trading situations to provide further clarity to the material. I went from feeling overwhelmed with the process of trading to feeling like it was something that could actually be accomplished if I stuck to the principles laid out in the book.
Finally, I wanted to add that the author really does take the time to answer questions when you send an email. He actually does want to make sure that you do understand the material. Both the e book and the author are the real deal in that you are getting what you paid for. In terms of the potential income this book can provide, the price is almost charitable and I can easily say a worthwhile investment if you are serious about learning to trade the pre-race markets on the exchanges.”
Stefan Lentz – 15th April 2019
“The Pre-Race Trader’s Bible review
In this modern society, we can say that there is only one thing (other than sex, of course!) that is almost guaranteed to sell a product; the (often false) promise of being able to make money from the comfort of your own home and give your boss the middle finger! Cue the vast array of “home business” courses/schemes/YouTube channels/blogs that are floating around on the internet today; affiliate marketing, Amazon FBA etc. Trading courses (be it football, horse racing, tennis, forex, stocks, options, even the dreaded cryptocurrency) are probably the most publicised of them all. Speaking specifically of Betfair trading (although this figure is probably true in all trading fields), 99.99% of the authors of these courses are scammers, with people selling information that is incorrect, risky, and in no way able to give you an edge in the markets. They do not care about you and sell these products simply to cash in on your longing to be able to make trading a reality for yourself; I have read a fair few of these over the last few years. Of the remaining 0.01% of people that are not trying to scam you (I have also tried a few of these products too), there seems to be something that just “isn’t being said”, leading people to hunt around in the dark until they finally manage to find the missing bits of the jigsaw, a long way down the road; most will of course give up way before this point. Considering all this, I believe (and I’m sure you do too) that finding a Betfair trading resource that is both trustworthy, AND valuable, is as rare as finding a little leprechaun at the end of a rainbow with a pot of gold to hand to you! Well, the luck of the Irish is certainly with you here, as by landing on this page you may well have found one of those leprechauns! However, please don’t mistake this analogy for me saying that you will open the book and become instantly rich; no! I am simply referring to the sheer value of what you have found. Of course, it is still down to you to take action, buy the book, and then carefully follow the advice contained within it. (Just to be clear!) If you do this, you will realise that The Pre-Race Trader’s Bible is the ONLY resource you will ever need to make a success of the pre-race markets.
Before getting into the details of the book, I wanted to comment on the author himself as I feel that it is important to know the type of person you are getting involved with by investing in this product. Not only have you found an amazing product, but you have also found a truly genuine author who REALLY does care about the people he interacts with. He has put a lot into producing this fantastic eBook, which includes putting on hold a lot of his life (including trading) in order to complete it, with no obligation to, especially given how little this book costs in comparison to the worth of the information that is contained within it. At that price, you could almost say that he has just produced it as a favour to us all. If you email him a question, he is very quick to respond, and you don’t get a one-liner response (as I have had from other vendors of services in the trading industry), but rather you get a PROPER response. So, what I am trying to say here is that you are in good hands!
And on to the book……. At this point I should clarify that, henceforth, when making comparisons between this book and other resources, the other resources I am referring to are purely the 0.01% of material I previously alluded to; we no longer need to concern ourselves with the 99.99% of junk! I must also state that these comments are MY opinions and interpretations, but I am confident that most would agree.
Level of detail
The first thing that I believe sets The Pre-Race Trader’s Bible apart from everything else out there on this subject is the sheer level of detail – 464 pages of pure detail! I would refer to other offerings on how to trade these crazy markets as merely a “guide”; whilst the information provided in them isn’t wrong in any way, they do nothing more than point you in the right direction, often leaving you confused and overwhelmed with the wealth of information provided, with no real idea of what to do with it all. On the other hand, The Pre-Race Trader’s Bible is EXACTLY what it is entitled; a Bible. For any atheists out there, who put no value in the content of any religious book, then I will refer to it as a comprehensive instruction manual that presents you with ALL the theory and mechanics of the pre-race markets, and then shows you EXACTLY how to apply said theory in practice. The latter statement may sound confusing, so I will clarify; Tim is NOT providing you with a trading system in this book; this would fail as a strategy because of how varying these markets are. What he does however (and very well I must add) is provide you with a methodical system of thinking through these markets, which is an entirely different thing all together. He literally explains his entire thought/action process, from the point of firing up the race card in the morning, to the point that the market goes in-play, and this way of educating on the topic is purely unique to this book. This ALMOST feels like a live, 1-to-1 personal tuition session. There are some REALLY intricate details contained within this book, and, for those that have dealt with other pre-race trading material previously and still found no way of making it work, upon reading this, you will have a number of “AHA!” moments (as I did), and that’s before even visiting any ladders. You will then realise that it is those things that are the glue holding this pre-race trading mosaic together that you were not being told existed before. For those that have found The Pre-Race Trader’s Bible before other material, I would suggest you need go NOWHERE else!!!
The colloquial writing style is something that I found particularly appealing, which made reading all 464 pages of the book really easy as it felt like I was just having a long conversation with someone; I would even go as far as saying that it was fun to read, which is more than I can say about some of the material out there. Tim is also very articulate in his writing, conveying complicated points very easily with no ambiguity; I found only a couple of occasions where I felt the need to re-read a sentence or two for better clarity. I think this was helped by the use of numerous, relevant analogies throughout. In my opinion, when trying to educate someone on difficult concepts, there is nothing better than a good analogy to give a deeper understanding of something, and Tim seems to have a whole load of them stashed away in a chest somewhere!
As mentioned before, it becomes clear after reading this book that there are gaps in the information provided by other material out there. Tim spends a long time laying out the foundations, and some of the information may, on initial look, seem irrelevant. However, you will soon see that it really IS relevant and will soon be grateful that he doesn’t just go diving into how to click around on the ladders. He has a background in stocks and uses this to his advantage in teaching various concepts. Having a similar background myself, it is really interesting to see that there are many similarities between the Betfair markets and financial markets, many of which I failed to see before myself. Some readers may zone out at this point in the book, but I can assure you that it is worth staying with it; don’t worry, he doesn’t go into overwhelming detail about it, but enough to convey his points and it is all relevant, particularly when it comes to discussing how to effectively trade trends within the market. I have seen another vendor attempt to educate on these concepts in their pre-race trading offering, but with very limited success, to the point where I thought that “this concept must mean a different thing when applied to Betfair”; it didn’t, of course! This leads me nicely onto this next point, because it is here that much of that aforementioned information becomes relevant. Some of the best parts about this book relate to showing you how to manage a trade once you are in one, from start to end. Most other material shows how to get into trades, at which point you are left on your own to work out the rest! An entry is no good if you don’t know where to exit for profit, or worse, where to get out to minimise loss! In terms of the actual trading techniques discussed in the book, the bulk of it is dedicated to showing readers how to analyse and attempt to capture those meaty trend moves. However, Tim also goes into detail about scalping and range-trading, all of which, when seeing his perspective on things, gave me a couple of mini “AHA!” moments!
If you have looked at any other material on pre-race trading, I think you will find Tim’s methodology rather unique, quite refreshing and in a way, liberating. I will say nothing more. If you decide to take the plunge and purchase the book, I think you will realise what I mean; for those that haven’t looked at anything else, you need not concern yourself with that comment!
Videos courses vs. this eBook
There are other pre-race trading offerings out there that attempt to deliver their content in the form of videos, and one may assume this to be better than a PDF. In fact, I have seen it addressed in the FAQ section of one of said courses that video instruction is far superior to a PDF. If The Pre-Race Trader’s Bible were a run-of-the-mill PDF document, I may agree. In this case, I will say that actually, the way in which this book is written is FAR superior to having videos. Your experiences may differ to mine, but I have lost count of the number of times I have attempted to sit down and watch someone clicking around on a ladder screen for 15 minutes, gotten confused with what was going on, and then fallen asleep in the process! One such video I had to re-watch 5 times because I just couldn’t keep awake (at 2pm in the afternoon!). Now that is NOT very efficient for learning. It is also surprisingly difficult to watch someone trading on video because things happen so fast that it becomes almost impossible to follow what is going on. Not to mention the fact that when someone is trading and filming their trades, they’re not exactly giving their full attention to revealing all the detail of their trade and all of their inner ramblings about it. On the contrary, The Pre-Race Trader’s Bible is so engaging that the only time I fell asleep was during one sitting; I was ill, had been up since early that morning, and it was nearing midnight at the time; I think Tim could forgive me for that! It’s such an engaging book that you just can’t fall asleep! But, here is the real gem; Tim sets up numerous examples to explain concepts/thought processes etc. by using a vast array of time-lapsed photo clips of various ladders, providing his insight into things. I found it useful at these points to attempt my own assessment of the pictures I was seeing by applying the theory taught, before scrolling to see Tim’s “verdict”. A key concept of this is that they are not cherry-picked examples (at least not from the angle of trying to make the analysis simple for the sake of the book), providing a good variety of scenarios, and some more complicated ones. Of course, this is by no means exhaustive, but then again, how could it be, with an almost infinite combination of situations that could present themselves in the pre-race markets?
Book limitations and psychology discussions
The last point in the previous paragraph leads me on nicely to this point. This book is very clear in admitting its limitations. It is not a trading ‘system’ and therefore much of the stuff involved is not black and white decision making. What this book does an amazing job of is teaching you how to think and apply the theory given to each scenario that the market will throw at you so that you may fish for yourself. When you are at school, you learn how to read so that you can successfully tackle ANY type of book on your own, at any time, written in any style. Once you learn how to read, it is a skill you will have for life, but you won’t become proficient at reading books if you just learn phonics without actually picking up a book and trying to read it (can you tell I have kids?!). The Pre-Race Trader’s Bible teaches you EVERYTHING you need to be able to read the pre-market successfully, but you will only become proficient once you begin to practice reading the markets; it is VERY clear about this, and one shouldn’t expect otherwise. I was very impressed with the level of detail and importance given regarding the psychology of trading. Other pre-race material does talk about it too, but it is nearly always a section at the start that is dealt with and then forgotten about. Tim is very purposeful in intertwining the concepts of trading psychology into the content of the entire book, continually reminding people how important it is. He draws on his own battles with trading psychology in order to advise and attempt to steer readers away from the psychological pitfalls that he experienced. It is great to have this so deeply engrained into the book, and also great to have an author who understands this so well from first-hand experience. However, we must realise that WE are the only ones in control of our psychology, and if we don’t take control of that, no pre-race material, not even this amazing offering, will be able to help in the long run.
I am not an experienced trader, but I am an experienced novice (if that makes sense?!). I have tried to absorb as much content relating to the Betfair markets as I possibly can over the last couple of years, and this has involved, as I have mentioned, purchasing various educational/course material that I have often felt was a waste of time. So, I feel like I can offer a valuable opinion based on how I felt about pre-race trading BEFORE reading Tim’s book versus how I feel after having read it. All I can say is that I feel like many things have already clicked into place, and I haven’t even revisited the ladders yet (I left them when I realised that, even after going through other pre-race material, I still had no real idea what I was doing!). It has instilled confidence within me that mastery in these markets is indeed possible. Personally, I absolutely love everything about this book. I’m sure most others will too, however I am under no illusion that there will be some that don’t like aspects of it. They may not like the writing style. They may find the slow build up hard to sift through. They may find the overall trading style a little different to how other pre-race traders present. They may not like the (much needed) continual pressing about psychological issues. They may not like the (fantastic) advice about not over-trading. There may be other reasons; I can’t really say as we are all different (like when you watch a film that has a 5-star rating and then realise that you will never get that wasted 90 minutes of your life back!). However, regardless of this, there is NO debating that, if you have yet to crack the pre-race markets (and if you are reading this then that is most likely the case), the content contained within the Pre-Race Trader’s Bible is the ABSOLUTE BEST you will find, and I believe that, so long as you adhere to everything within it, your quest for success will end (positively) here! I look forward to reporting back on my successes over the next few months!”
Darren M. – 21st January 2019
“Review of Pre-Race Trading Ebook
I have been asked to give an independent and uncensored review of the Pre-Race Horse Racing Trading E-book by Tim Scott.
Put simply, this book is the seminal piece on pre-race horse racing trading. It will prove to be the answer for those who are dedicated to applying the principles set out in the text and who have a real interest in horse racing trading.
It is wholly unique in its approach. It takes the reader from inception to the very end of the trading experience. This includes psychological and technological preparation for trading; explains the rationale behind the construction and behaviour of the horse racing markets; demystifies trading software; explains key terminological and trading points and then provides a detailed explanation as to how to trade these markets with detailed examples. The book provides the reader with an entire journey from the point that the computer is turned on until it is turned off. The reader is also given tremendous insight into other principles so that they finish the book armed with a variety of trading methods.
I have read a lot of books on trading, and have previously read plenty of material on trading currency and other markets – this book stands out for the following reasons:
a) Nothing is hidden from you. Instead of paying thousands for a course on trading and coming out of it with a good understanding of only some of the elements of trading (and no meaningful materials for reference), the book delivers this and everything else you need for successful pre-race trading. You do not get half the picture. It is all there and you have a source to be able to refer to time and again.
b) You will learn the processes of trading the markets and over time could devise your own strategies for trading them. You do not need to do this because the manual teaches you the author’s trading methods and so you could just abide by those and make your money that way. However, as you are given the understanding of why the markets act in certain ways and how to trade well, you could devise your own strategies.
c) The book teaches you how to manage the trades once they have been identified so that you maximise your profits. It helps you avoid catastrophic trades whilst making sure you do not leave the trade too early. It really is as detailed as this.
d) The principles which are outlined in the book are worked through by detailed examples. You actually see the factors outlined in the book working together and the theory of the market plays out through these examples. It has terrific detail but is delivered in a way that allows you to understand everything.
If you are serious about trading then you will not find a better book available than this one. Its value far outweighs its price and many times over.
I could not recommend the book highly enough and I look forward to putting the methods into practice. A fantastic piece of work.”
Jonathan Smith, Newcastle – 16th January 2019