Three Club Monte

31/07/2008 | By More
Three Club Monte is a golf format that requires the players to pick just three clubs to use during their round. This makes for an interesting game but I do worry when I hear commentators suggesting traders play three club monte in the market! Playing three club monte isn’t a problem if you are playing on a level playing field. But if you play this against somebody with a full bag of clubs your competitor will thrash you, at best, and on a bad day you could fail to get off the first tee. When we designed and pioneered the core elements in Bet Angel several years ago, we took a good look at the markets and realised from our experiances that while some strategies worked some of the time, they definately didn’t all of the time. Using all the features in Bet Angel will give you a full set of clubs!
For example, scalping the market is fine, but just adopting that one strategy will leave you a few 9 irons short of the green as you miss out on bigger trades or more counter intuitive trades. That is while I flip and flop my strategy depending on what I expect to see. In this next example I have performed a swing trade. I didn’t pummel the market with directionless scalps I used the charting on Bet Angel to help me decide when to get in the market and when to get out. We are about to significantly upgrade the charting on Bet Angel so this will give you an even better chance of catching some of the nice moves.

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Category: Using Bet Angel

About the Author ()

I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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