Category: Using Bet Angel
Inspiration
It’s funny where you can get inspiration from. I’ve been meaning to watch the film ‘Man on wire’ for a little time and finally got around to watching it.
It’s an amazing story with a lot of depth in it. It’s very inspirational as it shows that you should always us the word ‘impossible’, with the greatest of care. Well worth a watch.
I don’t know how many times people have told me that something is impossible or not realistic …
Arsenal vs Celtic
With the end of the evening racing I’ve finally put my footie head on. Market is priced for 3 goals with Arsenal expected to score at least a couple of those. From a stats perspective the price on Arsenal and Celtic is about right. If pushed for a price I would offer 1.40 on Arsenal and 11 on Celtic, looks like a Arsenal win! But I would also offer only 5’s on the draw which means there is some value …
Quiet end to Ebor
The Ebor meeting closed with a quiet day, no fireworks or anything particularly special, but it’s been a good meeting.
I made a couple of cock ups today. Went too aggressive on one market and couldn’t turn it around when it went against me, but I did manage to restrict the loss to only -£50. Then I completely messed up the last and lost £120, not the ideal way to end, but the other races were OK. I managed to …
Picking up speed
Yesterday was a big improvement on the first day of the York. I was desperately trying to top £400 for the Ebor but just couldn’t quite pull it off in the end. Trading conditions this week seem to be ‘good to firm’. It looks to be shaping up for a good August, which is great, as I’m keen to see a good end to the summer racing season. Things go downhill from here!
Monday saw the end of the evening …
Solid start
Pleased to see Ebor get off on the right foot. Nothing spectacular and I could have done better, but a really steady start and best of all it felt ‘nice’, so I will put my foot down now. It has lifted my spirits and with the evening racing still to come I’m looking forward forward to a bagging decent day and extending that out into the week, hopefully.
I thought the markets were pretty steady today, no surprises and the …
Good week assured
There are not many weeks when I can start by saying I will definitely thrash last year, but this week I can say that.
Last year we lost York to the weather, endless rain and then some. It put paid to York’s big week. You can read the full story and my comments on last August by clicking here.
It wasn’t a fun time and I am really looking forward to getting stuck in this week, more so because my …
Bunny ears
Couldn’t stop laughing when Usain Bolt put “Bunny ears” on his compatriots’ head in the moment of glory on the podium this evening. Since I taught my kids this prank, many a photo has featured this gesture. I did some research: –
https://www.museumofhoaxes.com/hoax/weblog/comments/the_bunny_ears_prank_a_history/
Or the more amusing: –
https://tomhoehn.1000words.kodak.com/default.asp?item=508833
That web site!
I’ve received a few emails about the exchange secrets site. I would just like to point out that I have nothing to do with this site, so I can’t comment on it or it’s contents. I do not have and never have had any involvement.
The first I knew about this site was at the same time as you, so I’ve no particular information that will be of interest. I also haven’t seen any of the type of information that …
Reactions
When you are busy on a market, especially scalping, your eyes should be intently watching the screen. Your brain should be carefully analysing everything in front of you. But it’s your reactions that will gently click that mouse to swing a trade into action. Well that’s the idea anyhow.
I had an interesting test of my reactions this weekend when I nearly had a car crash. It’s amazing how quickly your brain and body can react when required! Food for …
$100k Soccer challenge
A couple of guys recently flew into the UK do my course in July. They have now taken the bold step to do their own challenge via a blog. In contrast to others, they are going to do this on football.
They were a smart couple of guys and I’ve no doubt they will do well. Based on the start they have got off to, I think they may need to up their target a little bit. You can view …
Friendlies
Just a short note while watching the England vs Holland friendly, I don’t do friendlies! I like teams to have a specific imperative to win or to score. If such a condition doesn’t exist, I think it makes it much harder to read how the match is likley to play out given any particular scenario.
I am currently a little late preparing the ground for this season proper so you may have to wait a little while before seeing some …
Betfair to change premium charge
During the forum chat with Betfair on Monday evening it transpired that Betfair are going to change the premium charge. Obviously not to traders advantage by the look of it. Join the debate on the forum.
Back at the start of this year we opened up a twitter feed. We haven’t made full use of this yet but will do soon. If you want to follow us, here is the URL: –
Coincidences
I had another one of those coincidences last night. I went to my local Gym which is attached to a luxury hotel. I drifted through the hotel and there in front of me was the chairman and manager of Southampton football club. As you may know, for my sins, I have followed Southampton from when I was very young as they were my local team. I had a little chat with them, but they obviously have a lot on …
First weeks bring opportunity
The first and last few weeks of the football season has traditionally been a great opportunity to profit from the unexpected. By unexpected, I mean the lack of form apparent in each league. At the start of the season, you typically get one team that comes from nowhere to outperform and the collapse of an expected performer. Of course the problem is spotting either.
‘There is no limit to what can be acheived if no single person gets the credit’…
Miserable
Not me, the markets. Evening racing never has as much volume as the afternoon racing, but this evening it is very poor. Much lower than even my revised expectations. I don’t know what has caused this but it’s been hard to get any decent money matched this evening. Would have been much better enjoying a beer down the pub!
Edit : I just checked last year and it was exactly the same! How curious, I guess there could be an …
My quest
I was sat here this evening trading on auto pilot. Some times the markets are like that, yesterday wasn’t but this evening was. I decided to fire up YouTube and watched, not some related content, but some videos on sub atomic particles, very deep. It reminded me of what drives me in everything I do. A thirst for knowledge and understanding.
I seriously doubt that CERN will call me up to help search for the higgs boson any time soon, …
Information in a price
I love the way that markets operate. For most of the pre-season I have been following the various fortunes of the high profile premier league clubs. There have been some clear indicators of what is happening and how to discount that into price. Man City buying up everything that Real Madrid can’t, Man U selling off some prize assets, Arsenal doing nothing. All this activity has been slowly reflected into the prices. Have a browse of the premiership winner and …
Snake oil salesmen
Hmm, my post of a little while ago doesn’t seem to have brought a halt to offers into my overflowing inbox.
At the end of the day, what ever you do, everything involves some skill and work ethic behind it. To assume otherwise is just folly. Paying for practical advice is fine, but if you get a system promising the earth for little effort, hit the delete button and put that money in your account in return for some cold …
Time out
Yesterday reminded me why it’s always worth taking some time out now and again. I went to my Dad’s house yesterday to continue clearing it out ahead of it’s sale. So I took the kids and we all went out for lunch and then down to the sea front to mess around for most of the day. It was great fun and a nice break from the day to day side of things. The weather turned out OK as well.…
New market overview screen
In on one of my posts the other day I mentioned the new market overview screen. In case you haven’t seen this before here is a short video introducing this innovative feature.
Auto exit your trade at the off
A few people have emailed me to ask how I ended up winning that £1800 at Nottingham when Betfair failed to take the market in-play. Here is your answer in video form! I like to put through as many trades as possible and one way you can achieve this is to use Take SP to exit your trade. This allows you to put more trades in and hold an order right up to the off time.
The mistake I made …
Positive month
Well the curtain has drawn down on July and as it turned out to be an interesting month. I ended up doing a similar total to last year, but more notable was that my strike rate shot up into the high 80’s this month. It’s the first month that I have used the new market overview screen permanently. Coincidence, possibly, but in a long shallow declining trend this month sticks out like a sore thumb; I hope it continues into …
Rounding error – Follow up
Further my recent post about the rounding error, Betfair have been in touch. In fact, they gave me a response before I could raise it with them! I got a very detailed explanation that explains clearly how the error occurred.
To cut a long explanation short, the rounding down occurred because the £2000 was matched against a number of other exchange users with differing amounts at differing prices. Given the underlying way the bets were matched, on an individual basis …
“Rounding” error
OK, the concept of trading is laying at a lower price than you back at. But if you can’t do that, then the next best thing is to scratch your trade.
If I back £2000 at 3.18 and then lay that back at 3.18 for the same amount, what is the net result?
Zero, of course. But this doesn’t appear to be the case any longer? I can’t honestly see how you could get a rounding error on this simple …
“Interesting” start
An “interesting” start to the week. No sooner had I started my activity than my PC decided to reset itself, then it did it again, then the TV’s went, then all electricity was cut. A bit of a nightmare start. I ploughed on though, as I have back up systems and that gives me the ability to carry on in a disaster. On the next outage though, even the local mobile mast went down! Obviously there was a serious problem …
Goodwood
Sounds more like a stud farm than a racecourse!
But seriously, this should be an interesting week. I’ve had mixed results from Goodwood in the past but that’s probably a reflection on the one year I had a bit of a mare at Goodwood. Hopefully I wont see a repeat this week. Glorious Goodwood is an excellent week to learn about the markets. Over the course of the next five days you will get all manner of markets occurring from …
What’s next?
The thing that has prompted this post, is the chat I had with a whole bundle of Bet Angel users on Monday night. I offered out an open invitation to talk about anything. Unfortunately at 11pm we ran out time, unable to answer all the 300 or so comments and questions. I will arrange another session in the future. One question was, “Were does it end, what’s next?” There is a natural endpoint for me, its linked to my investing.…
Red mist
It’s funny but some of my best trading occurs when the red mist descends. After the “injustice” of the 14:20 at Bath I am actually performing really well. I think this is because I get very aggressive in my trading.
Typically I recommend to people to take a break if they feel the red mist descending as it can really force your hand and cause you to make some chronic mistakes. My actions defying my advice.
I guess you have …
Connect
Connect with us on the following social media platforms.