Sep 20

I have been rather these few months with getting married, 9-to-5 job and everything else that I’ve not spent much time updating the blog. However, I am still doing a lot of spreadbetting on the Forex and Indices and it’s all going well.

I haven’t been playing with Betfair all too much but this weekend, I thought I would return and play my usual strategy… bet on the favourites (yep, that’s it!). A simple yet effective strategy which has yielded me £185! I know that there are people who trade the sports markets (particularly Horse racing but that involves staring at the markets and that just takes so much time).

Anyway, here’s a screenshot of the bets and my winnings… happy days!
betfair 20th Sept winnings

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Nov 02

I like to diversify the way I make money… as you know, the blog has a strong element of financial trading of which is my main passion..  unfortunately, over the weekends, the financial and Forex markets aren’t open for trading so I like to look at other things such as playing Casino or Betfair.

As a quick diversion, I have my Casino strategy that I play at http://www.600percentin6days.com and currently, it’s a free download so have a look if you’re interested.

The other alternative at the weekends is Betfair which is betting on sports. Betfair also have other things such as casino, financial bets etc. but I use them mainly for bettings on sports.

Anyway, I have found a tool called Bet Angel which is a plugin to Betfair and allows you to ’see’ the markets more clearly. Now Bet Angel can be quite a complicated program if you don’t know what you’re doing and is mainly good for the horse racing markets which are fast moving.

However, they also have their free version which you can use if you want something simple and not too sophisticated.. this is the one that I use. You can use it to watch the odds move up and down and hence trade a trend (just like the financial markets).

You can download the free Bet Angel program here:

http://www.betangel.com/downloads/index.html

There are also online videos which you can view to learn more about the Bet Angel Professional product here:

http://www.betangel.com/main/training.php

The basic tool has worked wonders for me and one day I would like to learn how to ‘trade’ using the Professional product also..  anyway, just thought it maybe useful to some of you!

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Dec 30

I thought I’d try some sports trading the other day using Betfair. In the past, I have managed to triple my starting pot using Betfair but then lost it all when I played with their Betfair Poker application.. keep away from that, it’ll eat all your money!

Anyway, I thought I would give it a try in the Horse Racing market. The strategy was quite simple, watch the trends in the price and when it looks like it would win, the put on a bet for that horse to win. To minimise risk, where possible, I would lay the same horse when the price was favourite to generate a situation where you can either eliminate any loss to your account (you don’t lose money if the horse wins or loses) or at least, minimise it.

I must admit, I’m not very experienced with this but I understand the concepts. Anyway, I started off with just £2 bets and as I got a little better, I put on £4 bets. 14 bets later I ended with 11 cash wins, 2 losses and 1 scratch trade, I ended up with £23.62 profit!! Excellent!

See my cash statement below (click for larger link):

28-dec-betfair.gif

The UK horse racing market stops at 4pm GMT and then then there is the US market. However, the US market doesn’t seem to offer the cash volumes as the UK market so I didn’t bother trading it.

I started at 2pm GMT but the market for horse racing in the UK starts around 12pm. If I have time tomorrow, I’ll go in a bit larger and start at 12pm if I can. At some point, I’ll do a video so you can see how I am doing this for those interested.

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Recommended products: The 12 Month Internet Millionaire, The Stock Trading Robot, The Forex Killer, Google Pay-Per-Click Ads Free
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