tag:blogger.com,1999:blog-263894452024-03-14T02:39:43.939+00:00The Betfair TraderUnknownnoreply@blogger.comBlogger373125tag:blogger.com,1999:blog-26389445.post-12489460556052941402018-07-30T21:08:00.000+01:002018-08-04T10:14:17.494+01:00Going Full Time on BetfairNo, not me! But as I didn't get round to trading yesterday I thought I'd take the time today to answer a question I get asked all the time. It's also one that pops up on the Betfair forums constantly so I'm hoping it's of interest. Basically it's the "going full time on Betfair" question. I often get asked if I've considered it and it seems every week someone on Betfair says they've been Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-26389445.post-77608068277475072062018-07-08T21:17:00.000+01:002018-07-31T12:49:42.647+01:00Cutting Losses and Running Profits.This
is one of the big ones. One of trading's 10 commandments as it were.
And although it's going to be like teaching many readers to suck eggs
it's an important trading tip so I thought I'd document it on the blog.
The tip really can be defined as simply as this... Cut your losses and let your wins run.
The
concept behind it is simple. When trading we're pretty much trying to
maximise ourUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-26389445.post-13831423600322648232018-06-26T21:37:00.000+01:002018-07-31T12:50:08.244+01:00Help Yourself To Free MoneyI'm
not a fan of the free money threads on the Betfair forums as regular
readers will know. But sometimes the betting exchange really does offer
you free money and in this entry I'm going to outline how you can take
advantage of it as a trading tip.To be honest it's not the best
trading tip to offer up. Bit of a cheat in fact. But as it happened
twice the other day and I have screenshots ofUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-26389445.post-19238896659313774882009-04-08T10:29:00.007+01:002009-04-08T11:07:56.231+01:00Important cricket betting statisticTomorrow's ODI match between South Africa and Australia throws up one of the most standout stats in world cricket. If you're planning on betting on the match I'd suggest you hang back until you've read this article and considered the implications.This is the kind of info I've been using profitably and swapping with other traders for years to help me with my own efforts at turning a profit. Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-26389445.post-47004259315443671292009-03-21T19:54:00.009+00:002009-03-22T09:30:39.501+00:00Dyson blows Duckworth Lewis calculationOff on an short trip to Spain in the morning but thought I'd say a few words about the Duckworth Lewis debacle in the first ODI between the West Indies and England before I leave for warmer climes.I guess if you lost money on the match because of the farcical end then you're probably counting yourself more than a little unlucky though I'll have something to say about that later. First up though Unknownnoreply@blogger.com5tag:blogger.com,1999:blog-26389445.post-34042713445404889982009-03-13T17:38:00.006+00:002009-03-13T20:05:49.551+00:00New Zealand v India 5th ODIJust a quick one as I'm off out soon for drinks and dinner before an early night to get some kip in before the 5th and final ODI between New Zealand and India later.If you're interested in the match at all there is a betting preview on CricketEdge. It's pretty long but well worth a read. Food for thought anyway. I agree with much of it. There's a betting preview posted on most televised matches Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-26389445.post-57309074868676171702009-03-08T14:42:00.010+00:002009-03-08T17:17:30.589+00:00Baby, CricketEdge and Premium ChargeI realise no posts since last June makes me a poor excuse for a blogger so apologies for that. I've explained why I've been away on the various forums when people ask but basically so much has been happening I just haven't had the time. Like I said - a poor excuse!So what has been going on? Well first up the big news is we're having a baby! We're both chuffed to bits and looking forward to the Unknownnoreply@blogger.com4tag:blogger.com,1999:blog-26389445.post-56473933016376174392008-06-04T16:43:00.004+01:002008-06-04T19:11:14.299+01:00Hello world (again). Anyone out there?Err, yeah. So I've been away. Bit longer than planned as it happens. Ok. Much longer then. So sorry about that. I'd planned a short break but with so many other things going on guess i just got lazy about restarting it all. Nice to see some Betfair forum diehards hassling me every now and then to start up again though. Thanks for the support and for better or worse here I am. Blogging again. I Unknownnoreply@blogger.com17tag:blogger.com,1999:blog-26389445.post-83581204883903648072007-12-31T17:12:00.000+00:002007-12-31T18:41:20.095+00:00Happy New YearResult since last update: £2342.98Well that's a bit surprising! Mainly because I didn't really get too involved in anything between Christmas and New Year. Did a lot a eating, drinking and family stuff so missed the start and end of the two test matches, traded a set or two of darts and a a single quarter of an NFL match. Looking at the result maybe I should take this less hands on approach into Unknownnoreply@blogger.com17tag:blogger.com,1999:blog-26389445.post-89086494797258767222007-12-24T17:34:00.000+00:002007-12-24T20:46:51.688+00:00Merry ChristmasSo I didn't get round to trading that late NFL match last night as I got sidelined. Ended up watching The Hustler again which is always worth a viewing. :-)Anyway, just thought I'd say Merry Christmas and all that. Thanks for reading the blog this year and hope you have a good one over the festive season and that Santa delivers a few winners for you.Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-26389445.post-82936542018449765612007-12-23T23:58:00.000+00:002007-12-24T00:23:42.783+00:00Latest trading resultsResult since last update: £967.53Whoa! I said there could be some dynamite trading opportunities in the last two days of the final test between Sri Lanka and England and it looks like traders that involved weren't let down. Sri Lanka were 1.2x at the time of writing from memory. I believe the draw hit a similar price on day 4 before blowing to 2.7x + on the fifth - and then rushing back in to Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-26389445.post-61445592716124007052007-12-20T21:36:00.000+00:002007-12-20T22:24:02.474+00:00Trading updateResult since last update: £539.79It seems I keep starting new posts with apologies for not updating the blog more regularly recently but again things have been both very busy with normal work and I've also been snowed under preparing for some changes to my trading in the new year. Both on Betfair, the results for which I record on this blog - and the other exchanges / bookmakers and spread firms Unknownnoreply@blogger.com3tag:blogger.com,1999:blog-26389445.post-25404698964314871482007-12-13T20:21:00.000+00:002007-12-13T20:52:49.930+00:00Testing timesResult since last update: £662.38It's great to see cricketers back in whites. Competing at "proper" cricket in a true test of tactical savvy, concentration and endurance. But while I love test cricket - and especially trading it - recent matches have proved tough for me. Just not been getting them quite right - at least on the exchanges - and keep being left to look at what could have been.The Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-26389445.post-63060214302657220542007-12-11T19:45:00.000+00:002007-12-11T20:06:18.454+00:00Twenty 20: Australia v New ZealandToday's result: £427.4Nothing like a bit of Twenty 20 to get the old blood pumping. Enjoyed today's smack and run fest between Australia and New Zealand. Made a nice distraction from the two tests that are grinding along at the moment and added some green to the monthly balance.Only transferred over a little money to the Australian wallet for the match. Decided I didn't want to get involved too Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-26389445.post-47302873476263655462007-12-09T16:35:00.000+00:002007-12-09T16:55:10.237+00:00Quick round upResult since last update: £230.19Firstly apologies for the lack of updates over the last week or so. I have traded a few things but my mind has been on some other issues which could see some pretty big changes at BFT Towers. Not bad news but important enough to require considerable time, thought and effort. Haven't really resolved all the issues yet but if / when I do I'll let everyone know as itUnknownnoreply@blogger.com4tag:blogger.com,1999:blog-26389445.post-15859804629095627552007-12-01T15:23:00.000+00:002007-12-01T16:47:47.237+00:00New Zealand hammer South AfricaYesterday's Result: £341.99Well that was a bit of a turn up for the books. New Zealand crushed South Africa by 7 wickets in yesterday's ODI, levelled the series 1-1 and set up what could be a thrilling decider. Which all resulted in a nice win for me after my loss last time out.I actually made around £358 on the match odds market and lost around £16 on an innings runs one - a market I'm starting Unknownnoreply@blogger.com5tag:blogger.com,1999:blog-26389445.post-30635349903883391892007-11-29T11:44:00.000+00:002007-11-29T13:05:49.980+00:00Cutting losses and running profitsThis is one of the big ones. One of trading's 10 commandments as it were. And although it's going to be like teaching many readers to suck eggs it's an important trading tip so I thought I'd document it on the blog.The tip really can be defined as simply as this... Cut your losses and let your wins run.The concept behind it is simple. When trading we're pretty much trying to maximise our profits Unknownnoreply@blogger.com4tag:blogger.com,1999:blog-26389445.post-59900913113140964032007-11-27T15:20:00.000+00:002007-11-29T13:06:41.068+00:00Help yourself to free moneyI'm not a fan of the free money threads on the Betfair forums as regular readers will know. But sometimes the betting exchange really does offer you free money and in this entry I'm going to outline how you can take advantage of it as a trading tip.To be honest it's not the best trading tip to offer up. Bit of a cheat in fact. But as it happened twice the other day and I have screenshots of both Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-26389445.post-77501008923247405162007-11-26T15:13:00.000+00:002007-11-26T15:52:57.435+00:00A losing weekendResult since last update: £915.95Well as losses go this one is right up there with some of the more annoying ones. Not angry with it at all - as I've said before losing is part of the game. You can't win all the time. But some losses are easier to take than others and this was certainly an irratating one. As ever I have only myself to blame though. And, as ever, i've taken the loss on the chin Unknownnoreply@blogger.com8tag:blogger.com,1999:blog-26389445.post-21325681510997695262007-11-25T16:37:00.000+00:002007-11-25T17:44:14.723+00:00Quick Sunday catch upNot really got round to any trading over the last couple of days. Emma has been getting ready to head off an a two-week business trip so we've been spending some time together and family birthday celebrations have also kept me away from my computer.The result is I greened out early in the first test between India and Pakistan and have barely touched it since. Shame really. Leaving my early Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-26389445.post-29812267302301743662007-11-23T05:32:00.000+00:002007-11-23T11:45:57.964+00:00Thankful for ThanksgivingYesterday's Result: £806.89Busy trading day yesterday then. Had it in the diary for a while so have had a hectic week trying to clear the decks normal work wise to free up a day or two for trading. Pleased it turned out to be worth it. Especially as it sent me through the £50,000 profit mark since I started the blog - and therefore just over half way to achieving my new £101k challenge :-)StartedUnknownnoreply@blogger.com4tag:blogger.com,1999:blog-26389445.post-52740355145776883892007-11-20T17:36:00.000+00:002007-11-20T17:50:50.875+00:00Aussies wrap up a quick victoryDaily Result: £128.88All a bit disappointing really. The final day of the second test between Australia and Sri Lanka was set up for a great trading event. Unfortunately a few early wickets put paid to that and instead it became a question of just waiting for Australia to win.We still got some pretty rapid price movements in the first couple of overs mind. The draw out from 5 to 9.6. Lanka in Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-26389445.post-18464565253762769222007-11-19T14:23:00.000+00:002007-11-19T14:33:22.518+00:00Sunday betting round upResult since last update: £298.33Apologies again but today's post will be another quick one as I'm just very busy with normal work at present. Should be back to normal from Wednesday though.Got through a lot of trading on Sunday and made just shy of £300 on the settled results. Bit disappointed really but had a nightmare on the Dallas NFL game (lost around £750) which wiped out much of the rest Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-26389445.post-30330265026930106862007-11-15T22:06:00.000+00:002007-11-15T23:00:48.957+00:00India win ODI series against PakistanDaily Result: £580.53Just a quick update tonight as I'm knackered and have to be up early to travel tomorrow. Shame as I'll miss day one of the second test between South Africa and New Zealand but sure I'll be able to catch up with it as the game progresses.Had a look in on the 4th ODI between India and Pakistan today. India won to wrap the series up and I managed to make the £580 or so on the Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-26389445.post-72105186504420508362007-11-13T12:40:00.000+00:002007-11-13T12:59:53.521+00:00Woeful 49ers get bageledToday's Result: £451.55Decided to stay up late last night / this morning and do some NFL rather than the tennis from Shanghai today so have booked today's result already and won't be getting involved in anything else.Pleased I did too as I have no complaints with the £450 or so profit. Very happy in fact! That said the match was pretty dire with the 49ers performance possibly leaving them with Unknownnoreply@blogger.com2