Latest Posts

Bet Angel – Now ten times faster!

26th November 2016

We are pleased to announce that a new version of Bet Angel is now available.

The upgrade is free for all trial and existing users. There is no need to re-register. To upgrade simply download the latest version, install and log in!

Download it from here: –

http://www.betangel.com/download/?product=BetAngelPro

Key new feature – Exchange price streaming

This version adds support for Betfair’s Exchange Streaming for prices and bet updates. The feature is switched off by default but is activated by ticking …

bet angel, featured, General, new version, Using Bet Angel

Hennessy Gold Cup – One of my favourite races

25th November 2016

I have fond memories of the Hennessy Gold Cup. I’ve traditionally done well at this race and it’s the race I traded live at the IX Investor show for Betfair in 2006. I know I’ve posted this summary, or something similar, before. But it’s definitely one of the highlights of my trading career so far so it’s worth a reprise for those that haven’t seen it before.

Betfair at a financial market expo

Seeing a betting company at a financial …

gold cup, Horse Racing, racing

Finding value in malevolent markets

20th November 2016

You will be forgiven for thinking that humanity is an outdated concept that should be replaced.  But they do say, to err is human. But to completely screw up, you need a computer!

Flash crashes

The stock market was set up to allow companies to raise investment capital from investors. A simple and effective concept that works. But modern financial markets are more like a giant casino. You can still raise funds, but the aftermarket dominates the central purpose. The …

ascot, bots, featured, HFT, Horse Racing, markets, over reaction, Trading strategies, value

Be Prepared – Always Have a Back Up Plan

17th November 2016

How many times have you had an open trade only for an unforeseen incident out of your control too suddenly occur resulting in you not being able to close your position and possibly leaving you staring at a hefty loss – especially if it’s an open lay position.

If this is something that your fortunate not to have experienced yet then it’s worth reading on if you want to keep it that way, for those unfortunate to have already been …

back up, betdaq, Betfair, featured, General, Prepared

‘Gut feelings’ help make successful traders

13th November 2016

While browsing various papers I recently came across an academic report publish in Nature, entitled the unfriendly – ‘Interoceptive Ability Predicts Survival on a London Trading Floor’.

Basically speaking, researchers show that ‘gut feeling’ does indeed contribute to successful trades. You can read the full report here: –

http://www.nature.com/articles/srep3298

If you don’t want to wade through this, here are the key elements: –

First off, Physiologists often use the term ‘gut feeling’ as a colloquial synonym for any interoceptive sensation …

featured, gut feel, Psychology, study, traders, Trading strategies

Difficult to Trump that

10th November 2016

Well that was interesting.

It was clear for some time that this was going to be a huge market. Interestingly enough, the same guy I know that foresaw the financial crisis, also saw this development. I’m now his devout follower forever and would jump off a bridge if he told me it was appropriate 🙂

democrate-4322-total-delegates

Previous markets

I started looking at this particular market back in 2004. Clinton was a democratic nominee back then as well and I’ve revisited each …

Betfair, betfair's biggest market, Clinton, featured, General, next president, Trump, us president

Gone To The Dogs

5th November 2016

So if this is your first years trading then the last few weeks may have been a bit of a shock for you following the hectic summer period.

You go from being spoilt for choice over which markets to trade just a few weeks ago, to suddenly having very few markets to look at. The ones which are available will have a very different feel to what you have become accustomed to – however this is perfectly normal for this …

automated trading, dogs, featured, Greyhound racing, greyhounds, Using Bet Angel

Two books that will change the way you think

4th November 2016

In my quest for unreachable perfection, I’ve spent a lot of time trying to understand how people think. There are several reasons for doing this.

The first is to make better decisions myself, sometimes people make decisions or say things that just don’t make any sense.  You often also get stuck making a decision which you can’t seem to resolve.

Having thoroughly explored the markets, what to do, when and how (so far) in my career I’ve switched my main …

featured, Psychology, trading, two books

Two books that will change the way you think

4th November 2016

In my quest for unreachable perfection, I’ve spent a lot of time trying to understand how people think. There are several reasons for doing this.

The first is to make better decisions myself, sometimes people make decisions or say things that just don’t make any sense.  You often also get stuck making a decision which you can’t seem to resolve.

Having thoroughly explored the markets, what to do, when and how (so far) in my career I’ve switched my main …

featured, mindset, Psychology, trading, two books

Derby Day!

28th October 2016

Isn’t the Derby in June? Yes and no….

If you are in Australia, early tomorrow morning (UK Time) is Derby Day at Flemington in Victoria. This kicks off the Melbourne Cup carnival and a week of top class Australian action. On Tuesday we have the race that stops a nation, the Melbourne Cup then more top quality days on Thursday and the following Saturday. It’s a busy period full stop on the horse racing front, as we also have the …

breeders cup, featured, General, Horse Racing, melbourne cup, Trading strategies