When you hear people talking about FOOTBALL TRADING it is important to understand there are actually two main types of ways to trade football on Betfair. That is either pre-match or in-play. Some traders do both, whilst some prefer to specialise in one key area. Either way, it is important to understand that they are…
According to a recent study by Bloomberg, you should be putting all your money on Chelsea winning the Premier League in this coming season. They have used complex algorithms based on previous seasons’ data to play out the new season 10,000 times and find the averages. The results of their study suggests that Jose Mourinho’s…
Losing days, we ALL have them! There is not one sports trader on this planet who has not had a losing day. Naturally, some will have more losing days then others however it is how you handle the losses that will really separate you from the rest. If you can not handle losing then you…
I get many emails from up and coming sports traders and there are many common themes within them. One particular theme is people completely misunderstanding how you should actually be using strategies when trading. Here is an example of an email I had recently… (Names have been hidden to protect the innocent) “I need your…
Paper Trading, or “Paper Trialing” is a way of testing a trading strategy, system or service but on “paper” without actually risking any of your own money. Many will advocate doing this before you actually commit any of your own cash into the markets and this is usually applied to all forms of gambling and…
If you are quite new to Sports Trading Life you will have probably missed a really fun series of posts from last Summer that were part of a series called “Before Betfair”. I have now listed all the articles on this same page so they can all easily be found and they are definitely worth…