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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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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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 API – Greening / Hedging / Cash out issues

On Friday 19th June, without any prior notification, Betfair introduced some changes and new rules to their API. This had the effect of preventing ALL API software users correctly hedging position on the Betfair betting exchange. Typically this would have exhibited itself when trying to implement greening. The Betfair exchange wasn’t accepting orders correctly, leaving…

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