02/06/2011 | By More

Another month has gone and I’m feeling more optimistic about the year as it wears on.

Each year I’m deliberately pessimistic at my chances. I’d rather have low expectations and exceed them, than high ones that force my hand. God knows I spend so much of my life tied up in numbers and so on, I swear I’m going mad some times. However, I’m much more relaxed this year about and have spent a lot of time doing new things; it seems to be helping! I’m very driven, but by the need to explore new frontiers. Like any explorer, every ocean sailed leaves me the question of “What’s on the other side of this land?”

I’ve been busy exploring some new land this month on betting exchanges. Nothing has come of it just yet, but its has thrown up some interesting material already. I made a loss on all these new strategies, but that’s fine. I now have an understanding of what I am looking at. My next step is to refine the process to cut out the biggest losers, this will tip me nearer a profitable strategy. Where those occur is obvious from the data I have collected. You should always be exploring. If you stand still in this game you will soon get caught. Keep testing new ideas, thoughts and processes. I use the spreadsheet function on Bet Angel to test stuff nearly every day.

I’m pleased about May, not only did I manage to avoid my jinx this year, but I actually had a pretty good month anyhow. I wasn’t really expecting that, as I had a cracker last year and matching that was an outside chance. But I did it!

June will be different, I had a quiet time last year and nothing really fell into place. As a result I have marked down my expectations this year. But I also have a wedding to attend in June, many miles from my base in the UK. Therefore I owe it to my friends to not touch the markets while I am away. Big weddings like this don’t happen very often so it would be an injustice not to pay it due respect!

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Category: General

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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