This Happened After Trading Horse Races For 1 Year
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- čas přidán 31. 10. 2022
- Betfair trading on horse racing is a popular form of participating in betting, I decided I would try my hand at trading the markets in the hopes of being able to develop profitable trading strategies.
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A successful trade on Betfair is derived as a result of placing a back bet at a higher price than you place a lay bet on the same outcome within a market, the concept has similarities to traditional arbitrage betting or taking advantage of bookmaker price boosts, locking in a profit by laying off the liability in Matched Betting.
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Disclaimer: This video is for entertainment purposes only and is not financial advice.
Love the way that you look young and carefree at the start of your trading journey, and by the end of it you look like you've slept in a skip. It's literally what trading does to you!! Congrats on turning it around.
Good stuff. Peter Webb once said to me " do the opposite of what YOU think ". In other words, if you'd done the opposite to your mistakes, you'd be in profit.
@@robsting5414Not quite , but it's my only source of income.
That is completely incorrect .
@@Spliff66 Which part ?
So instead of backing a horse … lay it to lose .
Is this what Peter Webb is saying ?
@didsid3529 No. Peter is 99% a pre off trader. It's about trading, not backing or laying straight bets. A simplified example might be - a horse drifts a lot very quickly from 3.00 to 4.00 in 30 seconds. It's now hit a crossover point. What do " YOU think " will happen next based on your own trading experience and crowd mentality ?
Having been a pro poker player for nearly 20yrs and a born again pro horse punter, I'm now looking at this shite. Haven't got betangel YET, now being 46 yrs old I'm far too experienced and realise rushing in is for fools, but indeed it does seem from most videos that there's virtually nothing complete that ever gets explained about HOW TO BLOODY WELL DO IT. Caan waffles on at 100mph without actually ever saying anything. tbf u do explain things a little better
If you have already made your money it is not worth the time to learn the Betfair markets. I do not see a reason to let your poker profits and start learning a new game which is completely different. The only reason i can think of is that you have not made a great amount of money and you cannot make good money anymore because it is much more competitive than it used to be 10-20 years ago. Also if you are a profitable poker player as you said, would you explain to the public in details of how it is done?
good luck ! subbed and liked
What a great video man
Thanks
Excellent content. That year your development self discipline that's a great edge in any market of trading.
Quality mate, anyone who can be so disciplined in the markets has the potential to make good profits, just gotta keep your head with bigger stakes
Cheers Gareth!
Great video mate! Well done on bringing it back. I reckon a lot of people would have quit at the bottom of that curve
Thanks Mark, I think it's likely they would have!
Well done to get back. Thought it was well edited too.
Not related to this particular video....but could you please help (or do.a video for me please) with the filters on Oddsmonkey please? What settings do you use for your each way matcher and extra place matcher? Struggling to find a balanced approach that still finds regular profitable options...thanks in advance
I started football trading last week following TTM strategies 😊
its complete discipline and money management, some patterns happen a lot like 5f horse getting caught up in stall etc if your fast enough inplay you can make money but again money management and knowing when to sit on your hands is a must.
All traders pretty much have same journey then it just clicks still very hard as someone said when you start scaling up and see those bigs numbers on both sides of your trades everything tells you to either cashout for a loss at the wrong time because its getting scary or you let your trades run at the wrong time and hope comes into play - knowing when its time to take the loss or hold on as within the trade most of the time you going to be in a loss I didnt getting anywhere until I started tennis trading and now find other sports easier to trade for that experience
If this is purely pre-race horse trading as the video eluded to then this is very impressive. Big Wd 🥁
Cheers Calum!
Excellent vid, and probably the best way to learn for yourself . Better you than me. Hope you have much more success to gone
Thank you, hopefully all the hours that I've invested will pay off down the line!
Thanks
Do you have a course that teaches how to do this? You said something about a link in the video, but there doesn't appear to be one. Thanks.
I upload walkthrough trading videos on my Patreon account, the link is in the description if you want to check it out
@@ProfitPineapple OK, thanks.
Love your channel! Do you know of any good discord groups for matched betting at all??
Much appreciated, I dont know of any specifically, the closest thing that I have is my Patreon
It cost me a packet to eventually find my 'edge' within the horse racing trading market but it was worth every penny. I started at 2K down, then started making a £1 a day, then £2, then £100 a week, now a whole lot more than that. Now almost 1.5K up.
1.5K a day?
How you trade now?
Now you've had chance to let it sink in,have you thought how you're gonna spend the Eleven Seventy!!???😂😂😂
Evening pineapple . How do you get that profit and loss graph mate . Would you need serious computer intelligence ?
Guys u need to get betfair scalper its awesome coure only 100 or so. I got it week ago already improved my.knowledge
why do you call it gambling..its not...its an exchange not bookmaker so you are buying and selling prices you choose.
I given up with it completely, the experts who are selling their software and trading course make it look like anyone can do it, there is no rhyme or reason why the horse racing markets move up or down, well there is , its when theres a big lump of money put on by which time youre too late already, if your on the wrong side of this it can wipe out your previous profit , I havnt met anyone who says they make regular profit pre horse trading, I have my doubts as to whether the gurus do either , have a go at forex, its much easier to read the markets , stop loss works and you never need to be worried about enough money in the market, Id never go back to horse racing trading , it really is a mugs game.
I have no clue about forex and finnancial markets but what you wrote about betfair gurus is spot on. I am pretty sure even if they are profitable, they make much more money from selling courses and softwares.
well done 👍 keep going your on the right track , i read james clear atomic habits gets you in the right frame of mind highly recommended👍👍👍👍👍👍
Thanks Dave, I might have to check that out the next time I've got chance
Caan Berry! Lol!
Daily Horse Racing selections Lay The Fav feel free to take a look if you are interested.
czcams.com/video/F2vhgnpoV0k/video.html
What price of favs?
May your pineapples be infinite :)
lol
I have been following your channel and have applied quite a few of your matched betting strats and have been rewarded handsomely. I am a big fan of what you are doing so thank you for sharing.
I also run a fully automated exchange betting algorithm thru my company Mozaic Inc Ltd. I wanted to pick your brain and would love to setup a zoom call to show you the data I have collated in the last 6 years with a back testing suite and the model I am using. It has been somewhat successful but in terms of EV, although positive, the drawdowns are a little too much on the “risk on” side. I really think if we can sit down and review it, perhaps we with our combined expertise can come up with a more robust model.
My idea is that, we have a zoom call. I can show you what I do. And perhaps we take it from there. Ps. Sent you an email to your support email address
ZEEZ EZ GOOOOOOOOOD
no. thank you