The Science of Betfair Trading: How In-Play Traders Win So Frequently
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- Опубліковано 6 тра 2022
- Betfair trading is a great way of profiting from your knowledge of a sport.
Pre-event and in-play are two distinct periods in a sports betting event. Inplay is very popular nowadays, especially amongst people who want to sell you something.
This is because it's easy to win in an in-play market.
Of course, everybody wants to win regularly and make a huge profit in the long term. But in order to do that you need an edge.
Without an edge, you could win regularly, but it won't be risk free or profit in the long run. It could be that you are just using a high strike rate strategy.
In this video we explore this whole concept to understand why in-play trading can produce very high strike rates and how you would have a strategy that wins very often.
But also, we discuss what you need to do to profit, whatever your strike. It just boils down to a few key things.
The videos mentioned in this video: -
The secret to profiting - • Betting Tips: The secr...
How I minimise my losses - • Betfair trading | How ...
Using Pace to trade in-play horse racing - • Betfair trading | Usin...
#betfairtrading #betting #inplay - Спорт
Brilliant video Peter!!!
Many thanks
Nice video as always.. wonderful garden full of chirping birds, and did I hear a barking deer? Looks like Phill has lots of friends 👍
We seem to have a bit of everything in the garden. I never realised when I moved to a rural location just how much wildlife there is out here.
It was a pheasant
I am a pheasant plucker
Great video, what pace cards or race cards are you showing in this video?
Before the off, it's a subset of the Racing post. Quite a few services are out there now.
Can you explain further what you mean by the right market the right selection and the right course? How do we know which is the right market selection and course? Surely it depends on the strategy.
I'll be fleshing this out in some future videos.
This is a great video Peter, very insightful. You are essentialy saying that there are plenty of opportunities for in-play trading on the horses,if its the right selection at the right course. However it does sound like to find out this information (which horse and at which course) someone would need to collect a lorra lorra data over a long period of time, and then some more. I think most people wouldn't know how to go about this, what to look for, etc and therefore yes the opportunities are there, but they are very very difficult to uncover and only those with vast knowledge will be able to access them. Is this a fair assessment?
I've got some follow up videos where I will simplify this process for you.
@@betangeltv ok great. If you're also able to clarify in future videos as to why historical in running data is not much use, as I've seen you say this a few times - that would be great 😀
I'm doing a strategy where I double up on a losing trade for example if I lose £10 on my first trade then on my second trade will slightly increase stakes to win over £10 to where I get profit. I have no idea if this will work long term but it I have been successful over couple of weeks
Is this not the martingale strategy? Or are you not completely doubling up?
I must say the gardens are looking wonderful at Webb towers .
Thank you, it takes a lot of effort to keep them that way. But I enjoy it and it makes a nice change from sitting behind the screen for hours each day.
Using the stop loss function in play is a guaranteed way of profitable trading.👍
As long as it does not crash through your stop loss which happens more often that not!!
no, having an edge is a guaranteed way of profitable trading, nothing else
What if it goes straight through your entry ?
@@johnristheanswer then you lose everything, its that simple
No. It is not. In fact it is the exact opposite of what you said.
1st comment
Anyone out there successfully using TPD to their advantage?
I think I said to you on another thread, that it's a big advantage over people who are not using it.
I did put up a post telling people I'd be at Southwell next Monday with TPD.
The science that it is better to lay-to-back at even money because there are more ticks above 2, right up to 1000😮, is frightful nonsense in-play.
every new trader should start with reading the book Fooled by Randomness by Nassim Taleb
Y, so many people are fooled by randomness.
Analytics of striding patterns of certain horses on certain grounds combined with speed can be fed into sophisticated models to determine results in play. Crazy how the tech has accelerated. There is very small still edges you can get but 99.9% will lose in the long term due to market efficiency against comission. The only way to succeed long term unless you have these technical advantages is by be being very lucky, have inside information or a significant in field time advantage. Oh or by owning a third party software which integrates a company who offer Peer to Peer betting. Peter you have done phenomenal on the latter but as a few have eluded to many will crash and burn so ethically you have to accept you are ruining lives by promoting gambling and the significant addiction that comes with it. Taking advantage of chemically driven weak spots. As long as your comfortable with that I suppose its no different to any other Western coorperation bleeding the life and soul away from many of the lemmings and as it is your vocation then I suppose it would be suicide to not. Also when individuals are ruined there is always fresh fish for you to catch in the net due the the ever churning life cycle. Your software is revolutionary though fantastic in fact. It's just the ethics I have an issue with but then again we live in a very unethical world.
99.9% of people don't lose on exchanges, 100% of people die, but it doesn't mean you shouldn't try living IMHO.
People always throw in the fact I have some software, but casually forget that when I started there was no software I had to create it. The software was and has always been a subset of my activity on the exchanges. I didn't turn up years later to exploit exchanges, I was there at the start laying the groundwork for everything that followed.
You can do lots of things to get an edge on and exchange that you can't do with a traditional bookmaker or betting strategy. I don't use time or technical advantage to profit, just good old fashioned fundamentals and trading principles. Things like TPD have enhanced the strategies I have and allowed me to learn more about the way races are run.
When I came across exchanges I saw an opportunity for people to, finally, be able to profit. In the old world, bookmakers won 100% of your money in the long run, on an exchange you had winners and losers, so it's just a question of your ability against others.
Even if people were just having a punt, the tiny overrounds meant they would lose less money and take much longer to lose it.
Yet, here I am 23 years on from their introduction, still trying to tell people why they should use one.
Ahh spoken like a true failed trader lol
@@betangeltv decent reply however your second last paragraph is very contentious.
I don't see anything remotely contentious in my reply.
U Have any what's app or Telegram group? I want to join
No, but we do have a forum -www.betangel.com/forum//
people like to collect white swans, but one day a black one appears and eats up all their profit
Very true. You need to know what edge you have or you'll eventually get tripped up.
I've said it once and I'll say it again: in play horse "Traders" are- by and large- failed pre-off Traders.
Tbh they're just gamblers. There's loads of money to be made in high liquidity in play markets though. There's always late reacting 'casual' money to effectively profit off. Discipline and understanding how the race is run is the most important thing.
Plenty of opportunity in the markets. Just not the way you see it often portrayed.
Some of them are Badgers.
I loss 30+k $ in 2 years
You may give it up then
impressive
so many ruined lives in from gambling.... it's very sad...i wish you well
Tuition? 🤷♂️
Like you say early on, how much you win v how much you lose. 4 types of returns really...
Big W- Small W - Small L - Big L
Eliminate the Big loss and you'll be fine.
I often focus on minimising losses and have expect the wins to occur, whether I find them or thy just land in my lap.