Europa league matches

27/02/2010 | By More

Had some fun last Thursday messing around on the Europa league matches. I like the Europa league as they break down the matches into two blocks. One going off at 18:00 UK time and the remainder at 20:05. This gives you two cracks at the whip at trading them. This week was also the second leg of a knockout competition, which I prefer. I also tried an experimental strategy to small stakes on Thursday and that is what this post is about.

Basically I was trying a variation on the strategy I detailed here. Football is one of few sports available where you have multiple ways to hedge risk. All football markets are very tightly integrated and that allows you to offset risk across a variety of markets if you wish. This shifts your focus, less to managing downside and more to looking for upside opportunities. Even if you place positions at random, as long as you think about your hedged bet it’s difficult to lose substantially. Use Soccer Mystic to work out your counter positions in secondary markets.

Because football matches all go off at the same time you can use the guardian tool on Bet Angel to skip between markets in a flash. It also allows you to place orders quickly with automated trading functions which are managed in the background as you skip around the different markets. This allows you to easily trade many markets at once without fear of losing control of things.

For my experiment I used £10 stakes with a maximum risk of £30. I took positions before the off and hedged positions when a goal was scored or at half time. It was a fairly painless strategy but yielded some useful information and a profit to! It’s always useful to play around with these types of hedging strategy, even if you don’t make much you learn a lot and the commission generated across multiple markets is a useful way to offset the premium charge.

100226 - Europa league

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Category: Using Bet Angel

About the Author ()

I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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