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Profitable Betfair Strategies. Wanna Tip? Don't Bet on Horses! Trade, Dutch & Be the Bookmaker. Part 1
My experiences on the betting exchanges have resulted in several long considered opinions
The only methods that guarantee long term success are techniques that involve trading, dutching and bookmaking...
Author: Mike Davies - Category: Recreation
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How to Win on Betfair. Wanna Tip? Don't Bet on Horses! Part 2: A Fool and His Money.
Do not use paid for tips on the internet or anywhere else for that matter
The whole point of creating your own Betfair "business" is that you have to learn to read the racing and spot the "value" yourself...
Author: Mike Davies - Category: Recreation
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Betfair Race Trading: Pt 4. Laying, Backing And Dutching. Pots Of Gold Or Pots Of Pain.
Laying:
A lot of new customers to Betfair are attracted by the prospect of a new style of bet; namely, “Laying”, which is being allowed to back the loser of your chosen sport or event...
Author: Mike Davies - Category: Recreation
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Bet Against the Crowd! Liquidity and Volatility on Betfair and the Stock Market - Part 2
Regardless of platform, all traders will be faced with a series of tough questions, mental debates and challenges on a daily basis...
Author: Mike Davies - Category: Recreation
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Lay to Lose With Betfair - Gold at the End of the Rainbow? Truth and Fiction, Part 1
What is Lay to Lose:
Ultimately trading horse races on Betfair is a direct result of the exchanges providing the facility for a new kind of bet, namely the ability to back the loser or losers of any given sport or event as oppose to attempting to find the winner...
Author: Mike Davies - Category: Recreation
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Lay to Lose on Betfair: Gold at the End of the Rainbow? Truth and Fiction. Part 2
As an example let us assume that our chosen favourite is running in a Novice Hurdle at Kempton and is currently at 3/1 to win on course...
Author: Mike Davies - Category: Recreation
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Betfair Horse Racing Fundamentals and Bet Angel Technical Analysis. Part 2
Lets start with a close examination of some official statistics relating to Betfair
1...
Author: Mike Davies - Category: Recreation
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Betfair Horse Racing Fundamentals and Bet Angel Technical Analysis. Part 1
Whether your market is stocks and shares, horse racing, greyhounds or football, as traders we all share a subset of personality traits that enable us to be successful...
Author: Mike Davies - Category: Recreation
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Bet Against The Crowd! Liquidity And Volatility. Betfair Vs. Equities. Part 1
In a bull market, everyone assumes that trading is childs play and they can make easy money
But woe-betide anyone who enters without fully understanding the dangers of volatility on the equity markets...
Author: Mike Davies - Category: Finances
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Horse Race Trading Formula - Strategies, Systems And Success For Betfair - Part 2
Regardless of platform, all traders will be faced with a series of tough questions, mental debates and challenges on a daily basis...
Author: Mike Davies - Category: Recreation
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Horse Race Trading Formula - Strategies, Systems And Success For Betfair - Part 1
In any form of financial trading there are two terms which you will first need to fully understand before proceeding to the next stage...
Author: Mike Davies - Category: Recreation
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An Alphabet Of Horse Racing Terms - E And F
EACH WAY BET
To bet each way is to stake equal amounts for a win and for a place
On the racecourse it used to be difficult for the ordinary punter to get a bookmaker to lay an each way bet except in big events such as the Derby and Grand National...
Author: Mike Davies - Category: Recreation
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Semi Automated Systems In Conjunction With Bet Angel. Analysis Of Advanced Bookmaking, Dutching And Trading Techniques. Part 1
A major factor in my development of these systems stemmed from a growing sense that far too many people are losing on Betfair and only a tiny percentage of people are making massive profits...
Author: Mike Davies - Category: Recreation
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Analysis Of Advanced Bookmaking, Dutching And Trading Techniques. Semi Automated Systems In Conjunction With Bet Angel. Part 2
The Bet Angel Team have created an enhanced interface based around technical analysis and market fluctuation strategies...
Author: Mike Davies - Category: Recreation
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A Dictionary Of Horse Racing Terms - R
RACECOURSE OFFICIALS
The Jockey Club licenses all racecourse officials each year
The “Clerk of the Course” is far and away the most important official...
Author: Mike Davies - Category: Sports
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Betfair Trading Part 5: Want A Tip? Don’t Back Or Lay…. Trade!
In my experience to date, “Trading” is the ONLY way to guarantee long term profitability on the Betting Exchanges...
Author: Mike Davies - Category: Recreation
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A Dictionary Of Horse Racing Terms - P
PADDOCK
This is an area where the horses can be displayed by punters and other onlookers for all areas of temperament, fitness, looks, how lively or disinterested they are on the day etc...
Author: Mike Davies - Category: Recreation
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A Dictionary Of Horse Racing Terms - O
ODDS
Bookmakers lay bets at varying prices These are known as odds...
Author: Mike Davies - Category: Sports
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A Dictionary Of Horse Racing Terms - N And M
MAIDEN
This is not about the sex of a horse;
When a horse, colt, gelding or filly has not won a race then it’s known as a maiden...
Author: Mike Davies - Category: Recreation
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A Dictionary Of Horse Racing Terms - I To L
IN THE FRAME
Once a horse has been placed or has managed to win a race, its number will be displayed in the winning frame of the numbers board on the racecourse...
Author: Mike Davies - Category: Recreation
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A Dictionary Of Horse Racing Terms - H
HANDICAP
When horses in a race are allocated different weights to carry, in order that each horse has an “equal” theoretic chance of winning, it is called a “Handicap” race...
Author: Mike Davies - Category: Recreation
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A Dictionary Of Horse Racing Terms - G
GELDING
After being castrated a male or colt horse is said to have been “gelded” There are a variety of reasons behind this seemingly rather harsh practice...
Author: Mike Davies - Category: Recreation
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A Dictionary Of Horse Racing Terms - E And F
EACH WAY BET
The practice of staking equal amounts for a place and for a win is known as making an “Each Way Bet”...
Author: Mike Davies - Category: Recreation
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A Dictionary Of Horse Racing Terms - D
DEAD HEAT
When there is a photo finish and the judge still cannot determine the winner – this is said to be a “dead heat”...
Author: Mike Davies - Category: Recreation
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A Dictionary Of Horse Racing Terms - C - Part 2
CLASS A:
Flat race classifications are from Class A through to Class G This determines the methodology for framing conditions races...
Author: Mike Davies - Category: Recreation
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A Dictionary Of Horse Racing Terms - C - Part 1
CAME AGAIN
Used in the formbook, this phrase is used to indicate when a horse renews its effort after dropping back in a race...
Author: Mike Davies - Category: Recreation
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A Dictionary Of Horse Racing Terms - B - Part 2
Bookmakers
There are several subdivisions of bookmaker:
• Some operate spread betting services
• Some operate a telephone credit service or postal betting service
• Some operate betting shops off-course
• Some make a book on the racecourse
Bigger bookmakers will offer two or three of the above activities...
Author: Mike Davies - Category: Recreation
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A Dictionary Of Horse Racing Terms - B - Part 1
Bad Legs:
Bad Legs are a very common condition amongst racehorses
To really get to grips with what is involved when training a horse in preparation to race, we should make a comparison with the process that is undergone when training human athletes...
Author: Mike Davies - Category: Recreation
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A Dictionary Of Horse Racing Terms - A
Age:
Horses all have the same birthday no matter the exact date of the foaling
This is set in order to allow the configuration of races according to age groups...
Author: Mike Davies - Category: Recreation
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Betfair Race Trading Strategy: Step By Step Guide For Betting Exchange Success: Part 1
What I am going to outline over this series of articles is a method that can be used successfully for trading horses on Betfair...
Author: Mike Davies - Category: Recreation
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