Category: Using Bet Angel
Multi market trading
Further to the introduction to Guardian I highlighted recently, here is a video showing you some multi market trading. In the video we skip backwards and forwards across multiple markets letting Bet Angel manage the trades as we go. Doing this will allow you to get more trades through the market and increase your potential profitability.
Lack of interest makes me gamble
Today the Bank of England will get on with their string pushing efforts in an attempt to revive the economy, they will fail. At the moment all interest rate cuts have done is steal money from savers and they haven’t benefited borrowers whose rates remain HIGHER than the same time last year. As savers outnumber borrowers six to one, all the rate cuts seem to have done is impoverish the prudent. With cash now trash, I fancy a gamble with …
Value in under 2.5 goal markets
Thought you may find this interesting. Here are the prices for the under 2.5 goal markets on the premiership tonight. In the first column you can see the prices that were listed on Betfair and in the second column you can see my prices. The difference between the two will tell you if the markets represent value or not. For example, in the Fulham match you can see that the markets have rated the chance of under 2.5 goals at …
Can you feel it?
Some music to go with the post.
Anyhow, one important aspect of your activity on the market is to try and feel a market. A bit of an odd thing to say but it’s pretty important to know if you are doing the right thing. I know what markets should act like and how they should feel and this is one of things I discuss when I do a talk. If a market does not feel right or seems to …
Banking on Gordon
Thanks to Scott Ferguson for pointing out this article on his blog. Ladbrokes have offered a market on the words Gordon Brown uses in his speech in the US.
I would have thought ‘Special relationship’ is the banker. ‘European Union’ has to be mentioned, for political reasons. ‘Hard working families’ looks good value as does ‘protectionism’ which is almost certain to be mentioned. With the weather dominant on the East coast ‘Snow’ has to be worth a shot as a …
How to set up multi market trading
One of the unique features of Bet Angel is that it will let you trade multiple markets at the same time. There is nothing complicated to setting up this feature. All you need to do is add the markets you would like to trade to Bet Angel’s Guardian feature. ‘Guardian’ allows Bet Angel to actively monitor your orders in each market and perform certain functions for you automatically.
Add a market to Bet Angel, fire in some orders and Bet …
February
If you are a regular reader of the blog you will know that I didn’t do a great deal for Febuary for personal reasons.
You will be interested to know however, that I still did almost as well as I did in Feb 2006! Based on the fact I only really did the last week, that shows you the sort of growth that has taken place since then. On my return to work at the end of the month things …
Geocaching
Ok, slightly off subject but if you are at a lose end and looking for something to do; or, like me, have three children that want constant entertaining why not have a go a geocaching?
I discovered the joys of geocaching while fiddling with my Iphone. It’s basically a worldwide treasure hunt using GPS. I was amazed to know that there are around 8,000 locations within 50 miles of my house. So on Sunday I went out with the …
William hill attempts to raise £350m
I blogged an entry a little while ago about the issues that some companies will have based on the knock on effect from the global financial crisis. Several companies have revolving credit factilities to fund their day to day operations, working capital and forward investment. One of those companies, as previously highlighted, is William Hill.
Typically these facilities are just fine as you go back to the market when the previous agreement runs out and get funding at the current …
Bet Bull betting exchange closes
The company announced its withdrawal, which it said was necessary in order to streamline business and focus on its core retail betting markets in Germany and Spain.
“We no longer see exchange betting as part of our core business,” said Simon Bold, director of Betbull Holding, in a company statement. “We strongly believe in the durability of the retail model and see great potential for growth in the European markets.”
Mr. Bold said that the company will give attention to …
Broken hearts and markets are correlated
While waiting at an airport recently, I picked up a copy of wired magazine and found this excellent article. It reminded me of a blog I read way back in 2005 that discussed the same issue but in the future tense. Some great hindsight from the blogger back in 2005 who basically predicted the sort of issues this formula could throw up if mis-used.
Next generation trading tools
When I first designed Bet Angel there were so many things I wanted in there. Back then even things like fill or kill orders , graphing, stop losses just didn’t exist but I knew how important they would be, so we were pleased to have helped pioneer a path through the markets.
You will be pleased to know that we have been quietly working away in the background on the next generation of trading tools. We are fortunate that we …
Bookmakers lose £1m in betting coup
Bit of a classic this one. I didn’t hear about this until it had happened but it must have been worth a few quid to those that spotted the opportunity.
https://www.timesonline.co.uk/tol/sport/football/article5792211.ece
Champions league is back – Inter vs Man Utd
Tonight sees the resumption of the champions league with the intriguing match of Inter vs Man Utd.
Mixed signals are coming out of both camps about how they will play. Mourinho suggesting defence will be key, Ferguson hinting that won’t be the case. I doubt either are likely to tell you exactly what they are thinking.
The market is thinking about a draw. The goal forecast from the market is for 2.20 goals on average with a slight edge to …
WBX goes mobile
WBX have launched WBX Mobile by giving punters a chance to win a BlackBerry Storm or Apple iPhone by using the mobile version, which is available on any mobile device with an Internet browser.
“In the past few months we have received a number of enquiries from our members requesting this service,” said Iain Turner, the public relations manager for World Bet Exchange, in a statement. “The launch of WBX Mobile is just the start of the improvements and innovations …
Battle of the blogs
In 2007 one Bet Angel user took on the grand challenge of trying to trade a small starting bank to £100,000. Not to be outdone, several new blogs have appeared this year trying to up the ante. Two of the more proninant ones are pre-off racing traders John, who is aiming to reach a profit of £100,000 for the year, and Adam, who has a target of £150,000! Both are well into their blogs and looking in good shape.…
Hereford 16:30
Gee, thanks Betfair. Just started trading this race when they suspended it and put it in-play. No problem usually there, but it was well before the start of the race. Obviously some head scratching went on as I was held in the market for ages with a half finished trade before, just seconds from the start, they brought the market back. What a mess, but luckily I escapted with a 80p profit in running. Phew. I hope you didn’t get …
You tube channel
For some time now Bet Angel users have been uploading trading videos to You Tube. One of the earlier videos has now had nearly 17,000 views.
Late last year we thought it would be a good idea to group them together into one area for you, so we set up a channel at https://www.youtube.com/betangeltv. We have also been uploading videos of our own for your referance.You tube can be a bit of a challenge as the video image is …
A good welcome back
You always wonder how you will adjust to getting back behind the desk, especially as the guys warned me that the BetfairAPI has had its problems recently. It turns out I shouldn’t have concerned myself, as my first trading day since returning from holiday proved just fine. No real problems to report and a fairly clean run with only three losses. Two tiny losses and one bigger one. My biggest concern was jet lag. I tried to get some sleep …
Fully re-charged
After the events of last year and early this year it was great to take a complete break from things, well as good as a complete break. I did do a little work while away but that was to test some new stuff we have been working on to meet a couple of collegues while away, but purely for leisure time. Other than that pretty much no email or contact with my day to day world. I have returned to …
Coincidences
I’ve always been fastinated by coincidences and luck and I am completely sold on the idea that the harder you work the luckier you get. Some things are just weird though.
While away I visited the US and while driving along a freeway the traffic halted and I came to rest behind a truck. Nothing unusual there. But the unusual thing was that the registration plate on the truck was my online banking password!! I took a photo of it …
William hill closes shops
According to the Irish Times, William Hill confirmed it will shut down 14 shops affecting 53 jobs in Ireland due to the economic downturn.
The paper said that outlets in Dublin, Cork, Limerick, Clare, Wexford and Waterford would soon close.
On Tuesday, MarketWatch reported that Goldman Sachs cut the bookmaker from buy to neutral because “the business is resilient but not immune to the wider economic environment.”
Betdaq signs sponsorship deal
Betdaq has signed a deal with Arena Leisure, a racecourse management group, to sponsor four of their racecourses in the buildup to this year’s Cheltenham Festival.
According to the online betting exchange, the agreement includes sponsorship of 72 races at Lingfield Park, Wolverhampton, Southwell and Folkestone.
“We have had a long standing relationship with Arena Leisure, and this new deal demonstrates our commitment to both flat and National Hunt racing in the U.K.,” said Russell Wiseman, Betdaq’s public relations director.
Create your own custom tools
As you already should know, you can link Bet Angel to a spreadsheet. This gives you massive benefits as you can custom create your own view of the market and design your own trading tools. In fact it is possible to trade automatically using a spreadsheet and some imagination.
Using the link to a spreadsheet you can do pretty much anything, it’s a very popular part of Bet Angel and underused in my opinion. I am always fiddling with it …
My setup
You may have seen that quad screen image a lot on Bet Angel related material so I thought I would expand the image for you and show you my full set up. Anybody who has visited me will have seen me beavering away at this desk. I’ll give you a brief description of what you see.
(1) Under the desk I have a quad core all singing all dancing PC. You don’t need anything this fancy, as a standard PC …
Stock market vs. Sports market
As many of you know I have a deep background in financial markets and it was this, and a lifelong interest in gambling markets, that brought me to betting exchanges. I thought you may be interested in why I am still active on both the betting and the stock exchanges and the differences I see between them.
At face value, the two markets are not too dissimilar. You can bet on value or price direction on both and betting on …
Well done McCoy
While I am having a break at the moment I am keeping in touch with things and was pleased to see Tony Mc Coy finally grab his 3000th winner yesterday. Got several texts from the guys in the office giving me the low down on activity. Looks like he almost got the 3000th early in the day except from a fall at the last. Looks like he traded in the region of 1.02 before crashing out. I bet there has …
One for the conspiracy theorists!
Was it my imagination or did the live TV feed from the Everton vs Liverpool FA Cup match break down right at the critical moment? One minute the match was dragging on to a 0-0 draw and penalties. The next minute the feed is lost and we see adverts and the like. During the ‘outage’ Everton score. Goodness knows how many minutes without a goal and then an outage in the seconds a goal goes in. A coincidence I am …
Gamble landed
Whenever I see the red, white and black colours of a Curley leisure horse on the card, I know it’s going to be an interesting market. It was no different tonight at Kempton. Tusculum was ‘backed off the boards’ and eventually accounted for 76% of the total volume in the market. You would think most of the other horses only had one leg or something. Anyhow, Tusculum won.
Hardest speech ever
As you know I have done a lot of public speaking in my time. My most nervous moment was probably addressing the chair in front of 20,000 people in Nebraska. However that paled into insignificance when I stood up to say a final goodbye to my Dad at his funeral yesterday.
I think I was quite fortunate to have had plenty of time to say goodbye to him, but it was still a very difficult moment. I had a sheet …
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