Tag: market
Using traded volume to trade on Bet Angel
In this video I describe how to use the two traded (matched bet) volume indicators on Bet Angel. A simple but effective way of understanding where the short term volatility is driving market prices.
Sound alerts – Making a noise with Bet Angel Automation
Guardian Automation is a great way of having Bet Angel automatically place bets or manage a market when you are not there. But sometimes you may be there but cannot keep eyes on all markets.
One handy little feature of the Automation tool is the ability to play a custom sound when an event occurs.
Here I’m going to show you how to create an alert. Once you know how to do it, have a go at creating your own.…
Next Everton manager
Despite no football matches being on, there is still gold in them thar hills! The next Everton manager market is looking like providing a nice post season boost to my footy results.
Currently we have had six potential managers trading at odds of 4.00 or lower and there still seems to be a fair amount of uncertainty as to who could be the anointed one. Anybody who has been on my course should have been active on this market and …
What Betfair traders have forgotten
Back in the ‘good old days’ when gambling meant just backing only, your objective was clear. Back then, excuse the pun, you had to back something that won more often that the odds would suggest.
Participate in these modern markets and you would think that this quaint old fashioned strategy had long since completely died a death. Everybody seems to be doing all manner of things in the market and you could be forgiven for thinking you couldn’t do anything …
Trading tennis – Some stats on efficient pricing
Caroline Wozniakci crashed out of the US Open last night after starting at odds of 1.10, or a 91% chance of winning. I am the only one thinking that perhaps McIlroy’s should be banned from seeing Caroline at major tournaments?!?!
This is being heralded as a ‘shock exit’. But how much of a shock is it? I looked at all the results from the first round of action at Flushing meadows and it reveals a wonderful thing about the market. …
What changed?
Join the debate on the forum – https://www.betangel.com/forum/viewtopic.php?f=15&t=6516&start=10
I’m an avid market watcher and over time you expect all markets to evolve and change, I’ve always been keen to be one step ahead of that. Something that worked well in certain market conditions, sometimes doesn’t work a few months down the line; though some things are unchanging.
When a strategy fails you often have to look at yourself first. I made a cock up on a strategy not so long …
Betfair miss the chance for some great customer service
First off, on the plus side, the start of the flat turf season was a success, so that was a big positive.
On the downside; how would you feel if minutes into a game of football the match stopped and the team you just backed, decided to field a reserve team instead? Would you like your bet to stand? Thought not!
Yesterday at Meydan the Dubai Gold Cup had to be stopped mid race due to a fatal injury to …
Carling cup final – Please read the rules!
Whenever the Carling Cup final comes around I am always reminded of the importance of reading the rules in a market. Certain positive positions, things that seem too good to be true can suddenly be exposed as your worst nightmare! But as always with betting exchanges there are two sides to the coin, you can profit from understanding the rules better than others.
Before we get to the main point, I can give you a more recent example; the next …
Profiting from next manager markets
Just a couple of weeks ago had a change in the England manager job with Capello walking out. A week later and we had another ‘next manager’ market to deal when Wolves sacked Mick McCarthy. Then Lee Clark is sacked from Huddersfield, Warnock joins Leeds. It sometimes feels like the managerial merry go round will never stop. I’ve actually studied what effect sacking a manager has, but that’s for another post. I think I may have written about it already …
Betfair market anomalies
An interesting couple of days so far this week in the markets. Interesting for an anomaly that we have seen. It’s only a couple of days old, so I can’t draw any conclusions just yet, but it is unusual so I thought I’d post about it.
We monitor the markets cloesly and ‘felt’ that matched bet volume on occasion was much higher than we would expect. We noticed this because, in the latter stages of a racing market just before …
The big backer
If you are active on the markets, then I am sure you may have seen this character around. If not then they appear fairly regularly recently, either trying to get filled at a certain price or just deliberately trying to stop the price from moving. I think it’s an odd strategy, as dipping in and around the markets is like playing poker. You don’t want to show your hand!
When somebody shows their hand like this then it’s an …
Waves
For some time I’ve noticed curious elements within betting markets. I love analysing and studying what happens in the market, and it’s all to find out that critical question, why?
Getting a deeper understanding is useful because it allows you to build a firm framework around your decisions. I’ve often seen people stumble on something that works and then come up with things to justify that. Eventually they will fail a little while later and slip out of existence, why? …
Bump..
Now Cheltenham is firmly behind us and the champions league football pauses for a few weeks, it’s time to come back to earth with a bump. On the racing front, the weeks before and after Cheltenham are often starkly different, so it’s time to dig deep and stay out of trouble.
I’ll be adopting a cautious approach in the coming week and not trying to push too hard to find an opportunity. Doing that gives you a tendency to look …
There was a little girl
You may have heard this poem before: –
There was a little girl,
Who had a little curl,
Right in the middle of her forehead.
When she was good,
She was very good indeed,
But when she was bad she was horrid.
The market can feel like that at times and it can be the very thing that throws you off balance. But you have to believe that just as the market can be horrid she can be very good …
Eboring
OK the racing has been entertaining, but the trading has been less fulfilling and lacked a bit of spark about it. This is probably due to a participant(s) in the market that is causing grief for quite a few traders.
On Tuesday I seriously underperformed in light of this activity, but on Wednesday I turned it around having monitored the activity. I think that’s the problem with this tactic, it is easily exposed. We put the autotrading spreadsheet on …
Madness and wisdom
Are the racing markets becoming more or less volatile?
I can answer that with a definite YES. Yes they are becoming more and less volatile. Let me explain.
A few years ago I could pop an order in the market and wait for it to get filled. Now, if I go into a weaker than average race, like many this week, that doesn’t happen in the same manner anymore. If I get my staking wrong, the market takes one look …
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