What makes a good trading strategy on Betfair?
Well, there are a few things to consider.
1. Does it make profit?
Probably the most obvious criteria for a successful strategy is whether or not it makes money!
Why do we give away our edge?
You will hear a lot today about Thiem facing the toughest test in tennis, beating Nadal on clay at Roland Garros. Nadal has only lost twice in his 80+ matches at this tournament, once to Djokovic and once to Robin Soderling (remember him?). For me the most incredible statistic about Nadal's success is that this is his 11th final and he has won all 10 before this. To win every final of a Grand Slam 10 times in a row is an incredible effort.
Betfair revolutionised the betting industry with inplay trading and it is still hugely popular to this day. So much so that all major bookmakers now offer it on multiple markets per match.
At BTC we know lots of our members are from a matched betting background.
BTC Stats Software presents the results of ‘Martin’s Goal Picks’
I often use what I refer to as 'market hype' to my advantage when trading. What I mean by market hype is a market that has been heavily effected by the 'hype' or promotion surrounding the event, in such a way that the odds become distorted. Think England football team in every major tournament since Betfair began!
So what is the number one sport for this phenomenon...Boxing!
Yes that's right, the sport with the most 'smack talk' and sales nonsense ever known to man also happens to be the sport with the most distorted odds as a result. You know that time Sky and
Tick Trader - Commonly known as ‘Scalper’
What is the greatest gift anybody can give anybody? I would argue it is their time. Time is so precious as we have such a limited supply of it and it will eventually run out. Watch the film ‘In time’ if you disagree with this. Our clock is ticking!
