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Champions League

Champions League

Everybody else will be posting about it so I thought I would add my two penneth worth.

An intriguing clash, for once I think I will watch this than trade it.

A neutral venue but Man Utd will practically be at home, so you would have to favour Barca but discount some of the neutrality. I think this is the weakest Man Utd team for a while. Other teams really should have put in a stronger challenge for the premier …

28/05/2011 | By More
Murray Worry

Murray Worry

The sign of a true champion is the ability to overcome the impossible. While I’m not suggesting that Murray will win the title at Roland Garros, he certainly showed today that he’s got the guts. After turning over his ankle during the match, his price shot out after people started fearing a retirement. He had already traded at 1.01 adding to the pressure to push the price out.

Murray had his ankle strapped, Dug down deep and got on to …

28/05/2011 | By More
Half price sale underway

Half price sale underway

When Betfair floated I got some stick for saying they were overvalued and they were not a buy. This wasn’t a statement on Betfair’s business or business model, more the price it was selling at.

I first started taking an interest in the stock market in the mid 80’s and five or so years later I started investing. One thing I learnt is that if a company IPO’s and sells some of it’s stock it will do so at the …

27/05/2011 | By More
Good day all round

Good day all round

While the afternoon racing yesterday was a complete farce – shame on you racing, the evening card was much more interesting, enjoyable and full of opportunity. On the horses I managed more than double yesterday, which was a good result.

At Roland Garros the tennis was proving brilliant yesterday as well. With the wind howling around the courts it threw up lots of oppotunity. Some high profile slip ups generated some excellent opportunties. Congratulations to the person who backed Rus …

27/05/2011 | By More
Quieter day

Quieter day

It was a quiet day yesterday at Roland Garros. Only five matches really caught my attention compared to nine the day before. With the wind blowing around a lot today I feel we could see some unexpected results today.

I had a more productive day on the horse racing and I am looking forward to the meeting at Sandown tonight, but the afternoon card looks a bit of a farce to be honest! Only ten runners in total in the …

26/05/2011 | By More
Buying a toss of a coin

Buying a toss of a coin

Apart from the wild volatility, the thing I love about Tennis is the binary nature of the market. Like the toss of a coin there is only one decision to be made, heads or tails, will they wont they. Your decision making process is much easier and can be focused on some key points.

Yesterday I backed Isner at 160, he traded as low as 3.30 before going on to lose. At his ‘worst’ he traded at 200’s. It would …

25/05/2011 | By More
French Open Tennis

French Open Tennis

If the tournament continues like this it could be very memorable indeed. On Monday we saw the seeded Berdych crash out against a french qualifier. Andy Murray didn’t repeat the mistake today, but plenty of other big priced winners are coming in today.

Even if you oppose short priced favourites, thanks to the volatility in Tennis, the results can be excellent. Don’t forget to fire up Tennis Trader to check out your potential up or downside in each match before …

24/05/2011 | By More
French Open Tennis

French Open Tennis

Looking forward to getting stuck into the Tennis this week, especially with the football season now behind us.

Nadal has an easier draw potentially than Djokovic so Djokovic is right up against it if he is going to maintain his amazing start to 2011.

Don’t forget to use Tennis trader to frame your upside (or downside) when trading a tennis match.

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23/05/2011 | By More
Any two from five

Any two from five

Calculating combinations was the first place I started when I went on this long journey from a very young age. The intention back then was to win the football pools and combinations were an important part of spreading risk around my selections. Today, any two from five teams could be relegated and that means that they are ten different ways for this to happen, see the following ‘any two from five’ list. You would list the teams in ascending order …

22/05/2011 | By More
Open letter to Betfair

Open letter to Betfair

Dear Betfair Support,

As you may be aware the world is due to end to at 6pm local time in the UK. In case you are not aware I would like to point you to the following news article that explains the detail behind this prediction: –

https://fostercity.patch.com/articles/will-the-world-end-today

Obviously this is of great concern!

Putting aside a key concern about whether you are I will be raptured. I would like to raise a few points with you?

If the world …

21/05/2011 | By More
The big backer

The big backer

If you are active on the markets, then I am sure you may have seen this character around. If not then they appear fairly regularly recently, either trying to get filled at a certain price or just deliberately trying to stop the price from moving. I think it’s an odd strategy, as dipping in and around the markets is like playing poker. You don’t want to show your hand!

When somebody shows their hand like this then it’s an …

21/05/2011 | By More
BHA announces serious charges

BHA announces serious charges

Following an investigation into suspicious betting activity on a number of races, the British Horseracing Authority has charged 13 individuals with serious breaches of the Rules of Racing. The allegations focus on horses being laid to lose on betting exchanges in 10 races that took place between 17 January 2009 and 15 August 2009.

Each of the jockeys is additionally charged with a breach of Rule 243 of the old Rules of Racing in that it is alleged they communicated …

20/05/2011 | By More
How to play the play offs

How to play the play offs

I was asked for an opinion recently on the championship play offs. I tipped a Reading vs Swansea final with Reading likely to edge it. So far so good, as both Swansea and Reading are through, so how did I get it right?

It’s quite simple really, “Form” is the answer. When you look at play off success over the years then form stands out as the key determinate. Form teams do well in the play offs on average and …

18/05/2011 | By More
Djokovic the destroyer

Djokovic the destroyer

What an interesting summer we could be in for on the Tennis front.

It’s a quite remarkable start to the season for Djokovic. I wrote a detailed magazine article where I had tipped him up as the next #1, but didn’t expect that to be happening near the end of May. His run is taking on truly historic proportions.

Here is a top ten for Djokovic: –

https://espn.go.com/blog/statsinfo/post/_/id/19913/top-10-of-djokovics-record-run

I don’t usually trade or watch much sport on a Sunday but …

17/05/2011 | By More
Bad Luck

Bad Luck

I talked last week about my jinx and you witnessed my efforts to demolish it. You should never forget to put things into perspective. My battle was a personal one against an arbitrary target. Some people face much worse luck and much bigger battles. It’s a credit to them that they persevere in spite of much hardship.

So the next time you feel unlucky, or you have lost a few quid, take a read of the following: –

https://www.telegraph.co.uk/news/obituaries/culture-obituaries/music-obituaries/8498824/Sir-Lattimore-Brown.html

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16/05/2011 | By More
Bet Angel in the FT

Bet Angel in the FT

Have several people in my inbox saying we are in the FT this weekend. Thanks for the tip off, it’s nice to get some recognition after 11 years of hard work!

You can view the article here: –

https://www.howtospendit.com/#/articles/4599-the-smart-money-a-winning-psychology

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15/05/2011 | By More
Eurovision

Eurovision

Even if you are not watching it, you should take a look at Eurovision this evening.

I’ve done well backing outsiders that shorten during the contest in the past and early voting patterns can often give you the ability to dutch a range of long odds into shorter prices. Don’t leave it too late to get out though, as winners can become apparent very quickly and will shorten fast.

My biggest ever success came from backing Lordi a few years …

14/05/2011 | By More
FA CUP final

FA CUP final

Is it just me or does the FA Cup feel like it’s losing is significance? Maybe it’s the dominance by big teams, maybe it’s the fact that this season the premiership and the champions league have pushed it around a little? Anyhow that’s not to detract too much from this famous competition. I am sure either supporters will be rightly proud if their team pull of a win.

The market is pricing in 2.50 goals with an advantage of 0.50 …

14/05/2011 | By More
Black Caviar

Black Caviar

Just got up early to have another look at Black Caviar who was running at Doomben this morning. As expected, she delivered her 13th win out of 13. Quite a feat and she is causing a significant amount of interest in the racing world and also from a betting perspective. Went off at 1.22 this morning with £1.7m out of £1.8m was matched on just one runner.

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14/05/2011 | By More
Jinx buried?

Jinx buried?

Day 4/6 and the seas are still calm. Well I say calm they are a little becalmed to be honest, but that’s sort of ok even if it is making for a tough week. I managed a decent day yesterday though, no thanks to York.

York has been quite tough this week and I haven’t enjoyed it, but other traders have done OK. So today I will dump all other activity and just try to be really focused today. I’ll …

13/05/2011 | By More
Important Information

Important Information

Well day 3/6 on jinx week has passed without catastrophe. Yesterday wasn’t a great day by any means and I really fouled up on one race, but I’m still moving ahead on the week and hope for a better day today.

I’m always experimenting and there is no better way of doing that than directly in the market itself. I will always recommend this, as it’s the best way to really know what is really happening and how your actions …

12/05/2011 | By More
York

York

Looking forward to some quality at York today. It seems racing is lacking a lot of quality this recently, volumes are not great and underlying liquidity poor, so I am keen to get stuck into some decent stuff.

There are a few threads on the forum about York in previous years. We have noticed that patterns often repeat in racing meetings so it will be interesting to see if the same happens again. I navigated yesterday without any errors, but …

11/05/2011 | By More
Jinx week

Jinx week

For some reason this week each year is the week where errors creep in, unexpected things happen and bad luck gets called in. I’ve netted some of my most spectacular failure in week 20 for some reason, year after year. I can’t explain why and despite attempts in previous years to be super cautious during this week, something always trips me up. It could be anything, a system crash, broadband failure, Betfair crash, highly unusual event, anything.

So you can …

09/05/2011 | By More
Match of the season

Match of the season

A tantalising match this afternoon between Man Utd and Chelsea and the market is being cautious by pricing up Man Utd at 2.34 for the win. I would have priced Chelsea near 4.00 for a win here, but with so much at stake; its probably right for the price to be a bit shorter. The market is priced for 2.50 goals with 1.30 going to Man Utd.

Home advantage is historically 0.40 goals so if you take that out, the …

08/05/2011 | By More
Busy day

Busy day

Looking forward to a busy day today.

Promotion and relegation battles will be settled on the football pitches today, that always throws up opportunities. There is nothing like career death to focus the mind of a highly paid footballer. I’m looking for an outside chance today. I’ll probably spread around my options to even things out. Did you know that Bet Angel can monitor and fire in bets across multiple markets almost simultaneously? This is ideal for football where matches …

07/05/2011 | By More
April

April

Well the met office has just confirmed it was the hottest April since records began in the UK and while the weather was great, trading conditions could be described as good as well. Despite my pessimism at the start of the month I did pretty well. I was just short of last years total, but considering I have decided to ease back on activity this year this was a fine result. The problem I have with this is that is …

06/05/2011 | By More
Best trade ever?

Best trade ever?

It was a couple of years ago I said this and I’m hoping for a repeat again this year, but then again I was hoping last year would see a repeat and that didn’t happen either! Here’s hoping! You can never predict where a really big opportunity, but as long as you are focused you will always be able to jump on the back of one when the inevitable occurs.

Part of trick is being available and alert to opportunties. …

06/05/2011 | By More
Betfair clarify outage policy

Betfair clarify outage policy

A positive move from Betfair to help people out when the site goes down, credit to Betfair for addressing these long held concerns. For the full detail of the statement click on the following link: –

https://promotions.betfair.com/customer … -update-uk

Betfair have also clarified what constitutes an outage: –

“In the event of an unplanned Sports Exchange outage, we will disable the betting functionality across all channels, ensuring a level playing field. However, should Betfair Mobile and/or our API go down, …

05/05/2011 | By More
Just say no

Just say no

Should be change to an alternative vote system in the UK? Well, the betting market seems to give a pretty clear answer to the likely result.

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05/05/2011 | By More
May the 4th be with you

May the 4th be with you

Hmm, not sure Ferguson is making the right decision to rest players ahead of tonight’s Champions league semi final. OK a two goal lead should be plenty but a goal for Schalke could really put the cat amongst the pigeons. I guess he will bench key players and bring them on if it merits it?

I had a quick look on the DB and hunted for Man Utd matches at home priced between 1.50-1.60. It threw up five recent matches. …

04/05/2011 | By More
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