Posts Tagged betfair profits
Sorry about the lack of updates recently.. I've been on a course for 3 weeks which was totally taking up all my usual trading time. Anyway, I am back and I played around with Betfair and the Betgizmo interface. I've written about Betgizmo, it's a free Betfair API which is a competitor to the paid Betangel software. The only thing which would be useful that Betgizmo doesn't have is the stop loss function that Betangel has.
Anyway, I was scalping the Horse Racing markets today using the ladders
July 14, 2011
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Another tennis match which I played with on Betfair. My strategy was based on looking at the Price/Volume chart. You can see previously that the market had gone all the way out to almost 7 previously before coming back down. When I saw that the price looked as though it was going out again, I laid £20 at 3.45. My back point was just before the height of the previous peak at 7 so I put my order to back at 6.4 (but I got 6.8) which gave me a free ride. I then greened up the amount for an average
May 30, 2011
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Ok, as I previously mentioned, I was waiting for the first horse race to start at 2pm and I decided to explore other markets to see if any money could be made.
I settled on the Tennis matches the Roland Garros French Open between Falla and Chela. I have no ideas who these guys are (pardon my ignorance) but to make money in Betfair, you don't actually need to know about them :)
All you need to do is to spot that the prices are moving and they were moving all over the place which meant OPPOR
May 30, 2011
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