Tag: backing
Peter’s laying system
Slightly tongue in cheek title – If there’s one mistake I’ve made in my time in the markets it’s not sticking my name on a concept. As a consequence there are a lot of phrases out there that most probably originated from this camp but are now in general use. Therefore I’m probably the ‘hoover’ of the Betfair trading world, the ‘biro’ the ‘sellotape’. To be fair this happens to everybody who is a pioneer so a also tip my …
What Betfair traders have forgotten
Back in the ‘good old days’ when gambling meant just backing only, your objective was clear. Back then, excuse the pun, you had to back something that won more often that the odds would suggest.
Participate in these modern markets and you would think that this quaint old fashioned strategy had long since completely died a death. Everybody seems to be doing all manner of things in the market and you could be forgiven for thinking you couldn’t do anything …
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