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Going full time on Betfair – My Journey – Part 4

By now you have probably read part one, part two and part three of my sports trading journey. But this is the big one, the step up to Betfair trading for a living. The leap into the unknown So I was in my early 30’s, had a desire to work for myself, but was in a well-paid job and travelling…

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Sports trading is born – My trading journey – Pt3

By now you have probably read part one and part two of my day trading journey, if not you can read them by clicking on the headlines left. This is the story of how I quit my well-paid job, despite having a young family; to pursue my dream of doing something a bit special. Though I never figured at…

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Becoming a full time Betfair trader – Part 2

Welcome to part two of my Betfair trading journey. You can read part one by clicking on this link. Over the course of these blogs, I will tell how I started from zero when betting exchanges were unheard of. How I quit my day job, started Betfair trading for a living. Then set up a…

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Advanced Variable Dutching Calculator

Dutching on betting markets – The Concept You may already be familiar with Dutching. But if you are not, here is the concept. When you place a back bet into a betting market or with a bookmaker or sportsbook you are doing traditional gambling. You are betting on something to win. If you don’t pick…

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Punting on Politics – UK General election

I have no idea why, but one of the markets I’ve collected data on over the years are Political betting markets. A bit unusual for somebody that is predominately into sports betting but you could say that politics will be one of the favourite sports over the dinner table at Christmas! The first market I…

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Betfairs biggest-ever market!

What is the Betfair betting exchange’s biggest ever market? Ask people what is the biggest ever Betfair trading market ever and you will get a variety of answers. Horse racing never has the time to build up huge volume to get big enough. Only markets like the Grand National build volume pre race for a…

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When I traded live for Betfair at financial shows

Hennessy Gold Cup / Ladbrokes Hurdle The Hennessy Gold Cup, or Ladbrokes Hurdle, depending on your heritage is one of my favourite horse races of the year. This particular horse race is just up the road from me in Newbury and it often trades well. I have fond memories of this time of year for…

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Profitable, or fooled by Randomness?

Fooled by randomness? Yes, I know I’ve nicked this title from the eponymous book by Nassim Taleb, which is worth a read by the way. But especially in this case and in the text I lay out before you, I think it’s highly appropriate. I just went through 250,000 markets traded on Betfair, most of…

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Betfair trading – Large horse racing meetings

This year I’ve managed to get a record result from the Cheltenham Gold Cup, Grand National, Derby and just bagged a decent result, though not a record, from the Melbourne cup. Contrary to what some people will say, I didn’t need a big bank to do that either. Let’s explore how different trading a small…

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