Author Archive: Peter Webb

How you can use the FOMO factor to find high-quality trades

Following the crowd… A lot of that decision making is pretty errant in the scheme of things. It was one of the main reasons that you saw people buying toilet rolls last year! It wasn’t the fact that they needed more toilet rolls, It was the fact that everybody else was buying that drove those…

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How can you really profit from betting in the long run?

When you’ve been betting profitably over a large number of years, across an even bigger number of events, naturally the most common question I get is – what’s the big secret? Over my many years of trading, I have found a number of key facets that are fundamental to being able to bet profitably over…

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How to avoid Cash-Out confusion

Cash out I’ll never forget the joy of discovering greening-up, as I called it, hedging as you may call it in the stock market, or cash-out as the industry chose to adopt. The ability to win whatever the result was a real game-changer. Nowadays, it’s accepted as a standard feature on betting exchanges and sportsbooks,…

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Alice in Wonderland and Wimbledon

Here a curious story I learnt when research Tennis. It starts way back when Tennis was ‘real tennis’ and not ‘lawn’ tennis. Now Tennis comes in many forms, but its origins have long since be lost in the mists of history. Real Tennis Wimbledon’s official name is ‘The All England Lawn Tennis Championships’ hence the…

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How to use the Draw bias in horse racing markets

What is draw bias? Draw bias is the tendancy for horses at some tracks to win more often that horses drawn in different stall positions. To understand draw bias, we need to look at the starting stalls. To be fair to all horses over shorter distance races, typically all flat races, stalls are used to…

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What it’s really like being a Professional Betfair trader

The glamour The idea of betting on sports for a living sounds really glamorous, doesn’t it? Watch some footy, stick a few quid on it then nip down the marina for a quick run out on the gin palace. That’s often how professional gambling is often positioned, after all, all you need to do is…

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US Open Golf – My first ever sports trading market

My first sports trading market Twenty-one years ago on the 18th June, for some reason at 22:24 at night, I opened my Betfair account and the rest they say, is history… Curiously it wasn’t the first betting exchange account I had opened. Back then you actually had a wide range of choices. So one of…

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How it started, how it’s going….

They say in life two things are certain, death and taxes. I’m almost certain that one other thing will happen though. I can imagine it now, I’m lying there on my death bed, my life is slowly ebbing away and finally, I’m gone. I’m pretty sure at that point a message will be sent somewhere…

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It’s Summer and that means two-card Tuesdays!

We have reached the time of year when Monday and Tuesday racing drops to two cards in the afternoon in the UK. The impact of just two race meetings This is an important time of year, as we drop to two race meetings in the UK. That means that the characteristic of meetings on Monday…

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