Buffett and Betting
As an investor and professional gambler, I have always been interested in the similarities and differences between these two seemingly distinct fields. So when I had the opportunity to meet Warren Buffett, the chairman of Berkshire Hathaway, at their annual general meeting in Omaha, Nebraska, I knew exactly what question I wanted to ask him….
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An unusal betting opportunity
While successful betting and trading require skill and strategy, sometimes opportunities arise that don’t need much of either – just a keen eye and an openness to possibilities. I watch sports for a living During a recent Champions League match, I noticed something out of the corner of my eye during a League Two match…
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Why I’m not convinced by bet copying
Bet copying services have gained popularity in recent years as a way for punters to automatically copy the bets of successful individuals or groups. It’s easy to see the appeal of a service like this. Why bother researching and risking your money when you can copy somebody else? First, I should point out that I’m…
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Newmarket Craven Meeting
Having just been through the Cheltenham and Aintree Grand National meeting, we dip our toe into some flat turf group racing at Newmarket this week. The Newmarket Craven Meeting is an annual horse racing event that takes place in April at Newmarket Racecourse in England. It is considered one of the most important early-season flat…
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How to trade the Grand National
How the market behaves There are two key things about the way that the Grand National market works that should define your approach. The first is that it’s a highly competitive handicap. Handicap races are where horses carry weight to balance out their chance of winning. Not all handicaps are competitive, but the Grand National…
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Betting & Trading on the US Masters Golf
The US Masters Golf tournament is one of the most prestigious events on the golf calendar. It is my favourite tournament of the year for Betfair trading for several reasons. But mainly because it’s the most profitable! There are many ways to profit at the US Masters, so let’s explore some suitable strategies. Backing more…
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Street traders
This weekend sees the return of the Australian Formula One Grand Prix. Held in Melbourne, the street circuit offers a unique challenge for drivers and teams. Street circuits versus Traditional Race Circuits Unlike purpose-built circuits, street circuits feature public roads temporarily closed for the race. These roads are not explicitly designed for high-speed racing, adding…
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Data mining is statistical deja-vu
Statistical analysis is an integral part of many fields, including sports. Horse racing analysts have been using data mining to predict future outcomes for decades. Data mining is a process that involves searching through large data sets to identify patterns, trends, and relationships. However, as effective as data mining can be, it can also lead…
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The Overlooked Edge in Trading
One of the biggest leaps I’ve made in my trading came from not understanding the markets and pricing risks but understanding how people participate in them. You could summarise this in many ways, but I often see exploiting cognitive biases as ‘human arbitrage’. Where most people start In the world of trading, most participants are…
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Winning on all 28 races at Cheltenham
How would you like to profit from all 28 races at Cheltenham this year? Despite the astronomical odds, it is possible. The trick to doing so is unique to a betting exchange. Not just great prices There are some significant benefits to using a betting exchange during a big race meeting. You will get cracking…
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