Author Archive: Peter Webb

Trading order flow – Understanding Horse Racing

This article continues on from another article where we introduced the concept of the Betfair trading strategy this is trading order flow. Trading is the simple process of backing at higher prices than you lay at and netting a profit. While most people use a betting exchange to place conventional bets, profitable Betfair traders use…

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Trading order flow – Not as difficult as it may seem

So there’s a great way of profiting from trading on Betfair, but on the surface it is unintuitive. People generally get confused by it and most people do it wrong. However, it’s the method that I’ve used over many years… This technique is called trading order flow. I just thought it was worth doing a…

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A very British Betfair trading strategy!

We are all experts in something! So you have your trading software fired up, you point at that the betting exchange and scout the markets on Betfair for some opportunties. Maybe you are looking for some small profits or perhaps a bit of swing trading? But ideally you will be an expert in something if…

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The most surreal day of my trading career

July the 7th is slowly fading most peoples minds. But for a small group of traders, this date has some more significance. Our story of this day It started the same as any other day. I was scheduled to do a talk in central London on guess what? Trading on betting exchanges. I took the…

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Beating the In-Play delay with a ladder

When you’re trading on Betfair, there are two states to market conditions that you see. There is the pre-off period, the period before an event has started and then in-play, when the sport you are trading is underway. Sometimes this is called in-running, but the industry seems to have popularised it as in-play. Pre-off vs…

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Don’t fall for the System Sellers Paradox!

Roll up, roll up! ‘I have this VERY simple set of rules that can make loads of money with very little effort. It can be yours for only $37 and you will make unbelievable amounts of money as long as you buy it before this weekend. ‘ Sound interesting? Maybe it shouldn’t…! Well this blog…

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Trading the most amazing Tennis match ever!

Betfair tennis trading Tennis is know for it’s wild variability. The scoring system lends itself to remarkable comebacks and seemingly dominant players snatching defeat from the jaws of victory. How does this translate into a profitable strategy for a Tennis trader? I’ve always wondered who invented the scoring system fand it’s rather really bizarre oddities….

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Get a trading edge with Probabilisitic thinking

Imagine you are a caveman meandering through a landscape, you hear a rustle in the bush. “What’s that…?” Your brain kicks into action and provokes a flight or fight response. It could be lunch, or it could kill you! Your primitive brain makes a really simple judgement and decides that the payoff here for ‘kill you’ is…

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Betfair trading – Trading Order Flow – explained

What is trading order flow? When I first started Betfair trading, I worked in markets I was familiar with. Football, Financials and Golf. I felt comfortable in these markets and traded them well. This was because I understood what the price should be and how the market would react to changing news. I kept looking…

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Impossible is just a word

The low point One of the first ‘moments’ to happen to me was the early dawn of computing. For some reason, I really took to it and started to really get into things. But this was another ‘roadblock’ moment. Despite my protestations, everybody thought I was just playing games on my computer. In fact, I…

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