Author Archive: Peter Webb

The most surreal day of my trading career

July the 7th is slowly fading most peoples minds. But for a small group of traders, this date has some more significance. Our story of this day It started the same as any other day. I was scheduled to do a talk in central London on guess what? Trading on betting exchanges. I took the…

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Beating the In-Play delay with a ladder

When you’re trading on Betfair, there are two states to market conditions that you see. There is the pre-off period, the period before an event has started and then in-play, when the sport you are trading is underway. Sometimes this is called in-running, but the industry seems to have popularised it as in-play. Pre-off vs…

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Don’t fall for the System Sellers Paradox!

Roll up, roll up! ‘I have this VERY simple set of rules that can make loads of money with very little effort. It can be yours for only $37 and you will make unbelievable amounts of money as long as you buy it before this weekend. ‘ Sound interesting? Maybe it shouldn’t…! Well this blog…

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Trading the most amazing Tennis match ever!

Betfair tennis trading Tennis is know for it’s wild variability. The scoring system lends itself to remarkable comebacks and seemingly dominant players snatching defeat from the jaws of victory. How does this translate into a profitable strategy for a Tennis trader? I’ve always wondered who invented the scoring system fand it’s rather really bizarre oddities….

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Get a trading edge with Probabilisitic thinking

Imagine you are a caveman meandering through a landscape, you hear a rustle in the bush. “What’s that…?” Your brain kicks into action and provokes a flight or fight response. It could be lunch, or it could kill you! Your primitive brain makes a really simple judgement and decides that the payoff here for ‘kill you’ is…

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Betfair trading – Trading Order Flow – explained

What is trading order flow? When I first started Betfair trading, I worked in markets I was familiar with. Football, Financials and Golf. I felt comfortable in these markets and traded them well. This was because I understood what the price should be and how the market would react to changing news. I kept looking…

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Twenty years later – Impossible is just a word

Learning to do the impossible One the first ‘moments’ to happen to me is that early of early computing. For some reason I really took to it and started to really get into things. But this was another ‘roadblock’ moment. Despite my protestations, everybody thought I was just playing games on my computer. In fact,…

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Betfair Trading at Royal Ascot – Key information

Royal Ascot is a highlight of the flat turf season and the often the social season. Well it usually is, but this year there isn’t a crowd, but it will still be a big highlight for the racing fraternity. We also have extra races and focus this year thanks to the global situation. Based on…

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When it rains – Profitable Betfair trades can pour!

When you start trading you will probably will know that you need to predict some price movements in order to lock in a profit on the Betfair exchange. But how can you do this in a betting market, what drives the price movements on a betting exchange? Sometimes the answers are quite straight forward, to…

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Setting a password on a Windows server / VPS

Chaning the password on your Windows server When you first receive your Windows VPS you will be given a default password. For security reasons, we suggest you immediately change your password to something new. To do that, go through the following steps: – Click on the Windows icon in the bottom left hand corner of…

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