Author Archive: Peter Webb

Loved sports and statistics all my life and eventually found a way to make a living from it.

On this blog I chat about my experiance in the market and my opinions.

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Today could be your independence day

Today could be your independence day

Happy 4th of July to our American users. Hold on we don’t have any (yet)!

But the independence I am talking about takes a slightly different slant anyhow.

When we first designed Bet Angel it was a very simple one click interface. As time evolved we branched the product out to include more and more features, it was a reflection of our journey through the markets.

One of the early features we put into Bet Angel was the link to

04/07/2015 | By | Reply More
Major new release of Bet Angel

Major new release of Bet Angel

It’s Wimbledon and just in time, we are delighted to release another new version of Bet Angel. This version builds on recent releases to expand the scope, scale and capacity of the Tennis live scores feature.

Key changes

Alongside some minor updates, the major component of this release is the ability to trade Tennis automatically from within Bet Angel’s Advanced automation tool. Let me explain and show you how!

01 - Trade the server big screen

Download the latest version (Version 1.41)

First you need to download the …

28/06/2015 | By | Reply More
It’s not just about the big stuff

It’s not just about the big stuff

As Ascot fades into the distance you could be forgiven for waiting for the next big meeting, but it’s a fact that big meetings are the icing on the cake on the racing calendar,  rather than the meat and potatoes.

Around 75% of racing doesn’t not fall in the ‘quality’ category so in fact a lot of the time a professional trader is simply trying to get something out of the market from whatever is around at that moment. In

28/06/2015 | By | Reply More
Early season expectations

Early season expectations

A interesting write up brought to your by our friends over at Football Form Labs. Check out their site and the powerful software that sits behind these comments.

[Peter - I've also looked into the start of the season for opportunities to lay or back teams with difficult or easy starts. Bournemouth and Norwich have a fair start but descend into some really tough fixtures as the season warms up. You can use this information and the sort of stuff produced

27/06/2015 | By | Reply More
Numis issue sell note on Betfair

Numis issue sell note on Betfair

A few days old but worthy of note. Numis have issued a sell note on Betfair.

I respect Ivor Jones’s opinion on Betfair because he often asks very good questions during the conference calls and has a better handle on the business than most analysts. He also can be objective and I can’t! So it’s worth noting his comments. 

“It is not, in our view, on track for the market dominance which merits “unicorn” status and which appears to us

25/06/2015 | By | Reply More
My Betfair Birthday

My Betfair Birthday

I celebrated my ‘Betfair Birthday’ this week. It’s now been just over FIFTEEN years since I opened my account and started on Betfair. It’s also been a decade since the first version of Bet Angel was released. We are currently on version 1.40 with version 1.41 right around the corner.

When I first started my journey my eldest child was three, she is now eighteen and able to trade herself. I didn’t envisage that when I started! I also didn’t imagine myself still

20/06/2015 | By | Reply More
Punters ask for Moore

Punters ask for Moore

We are all familiar with a gambled horse.

It starts when a horse in a race receives particular attention. Seeing that horse is being backed, other people back it feeling they may be missing out on something. You find that often sets off a gamble as people discount a lot into the movement of the price of the horse as a ‘sign’, usually without any regard for the underlying rationale.

The Partnership gambler

Yesterday we were treated to a different type a

19/06/2015 | By | Reply More
U.S. Open golf

U.S. Open golf

That was a really interesting first day at the U.S. Open golf at Chambers Bay in Washington.

There were lots of complaints by commentators, golfers and traders about the state of the course. It certainly was “challenging”. I figured that a brand-new course may be difficult to trade and that’s exactly what happened. I’ve made a bit of a Horlicks of it and I think I’ll almost certainly face a loss on this tournament. It seems I never really do

19/06/2015 | By | Reply More
Busy, Busy, Busy

Busy, Busy, Busy

Was going to do a full update today with videos but completely manic at the moment with sports,  potential liabilities and profits coming out of my ears this morning. If this were a financial market I think the term they used is ‘fully invested’. I’m sorry I can give you a full update but at least you know when I can’t its because I’m putting my balls on line, just like our customers!

So. a quick appraisal.

Royal Ascot

Royal Ascot is going

18/06/2015 | By | Reply More
Royal Ascot week

Royal Ascot week

And so here we are, another year, another Ascot. That came around quickly didn’t it!

For me, it’s another declined invitation to attend. While that pains me, for the moment I’d still rather be on this side of the desk during one of the busiest weeks of the year. By next year my eldest will probably be in a position to take over! Subject to performance and enthusiasm!

Ascot is obviously a big deal and generally I target it to be at least

14/06/2015 | By | Reply More
BETDAQ Royal Ascot promotion

BETDAQ Royal Ascot promotion

BETDAQ is back with a key promotion at Royal Ascot, well timed if I say so myself!

As I’m sure you’re aware, next week is a huge one for traders with Royal Ascot and the US Open taking place. BETDAQ has traditionally performed well during the big meetings (see the image below), if not better nowadays than Betfair. So it’s an ideal opportunity to give it a try next week. I tend to trade on both exchanges during these key meetings.

Bet Angel

12/06/2015 | By | Reply More
Apophenia

Apophenia

Apophenia is defined as, the “unmotivated seeing of connections” accompanied by a “specific experience of an abnormal meaningfulness”. For the full definition visit the wiki entry: -

http://en.wikipedia.org/wiki/Apophenia

Apophenia has come to imply a universal human tendency to seek patterns in random information, such as gambling or charts. It’s  a flaw that afflicts many.

Apophenia and Gambling

Probably the best known appearance of this in gambling markets is the gamblers fallacy. This is when a long run of results lead gamblers

10/06/2015 | By | Reply More
Champions league final

Champions league final

Another excellent write up brought to your by our friends over at Football Form Labs. Check out their site and the powerful software that sits behind these comments.

Champions League Final: Juventus v Barcelona (Sat, 19:45)

Saturday evening in Berlin will see what is undoubtedly the showpiece event of this year’s football calendar as Barcelona and Juventus clash having disposed of Bayern Munich and Real Madrid between them in Europe and dominated their respective domestic leagues. Indeed, the aforementioned sides were the front two

06/06/2015 | By | Reply More
Let’s hope the Derby is this exciting

Let’s hope the Derby is this exciting

I’ve taken a diversion from just just posting an image of a result to putting some detail into events at the Oaks today. It was such a fascinating market from beginning to end.

The first thing that happened was ‘Legatissimo’ contracted quite heavily, but the pictures showed that it wasn’t enjoying it’s journey to post, so it looked a obvious lay. Slowly but surely the market reacted to it’s behaviour. This generally got worse till the horse cleared the main crowds when

05/06/2015 | By | Reply More
The Oak’s Betfair’s first ever market

The Oak’s Betfair’s first ever market

So today we reach the Oaks and tomorrow the Derby, when the summer racing really starts to step  up a gear. The start of June means Royal Ascot is just around the corner.

If you are a Betfair newbie you may not know that the Oaks at Epsom was Betfair’s first market way back when they started in June 2000. But it was a little later that year, on June 11th. Mark Davis reminisced on his blog about it. I …

05/06/2015 | By | Reply More
Bet Angel for a Apple Mac or an iPhone

Bet Angel for a Apple Mac or an iPhone

We often get queries on whether you can use Bet Angel on a Mac or an iPhone or an Android tablet etc. I have posted up some information in the forum and on You Tube. But I thought I would give a full explanation here so it’s easy to find.

Bet Angel is written specifically for a Microsoft windows platform, but there are many ways in which you can run in on another platform. When we talk specifically about a Mac

03/06/2015 | By | Reply More
Two card Tuesdays

Two card Tuesdays

We have reached the time of year when Monday and Tuesday UK racing drops to two cards in the afternoon. It’s an important time of year, as this changes the characteristic of these cards to the negative, but also it allows you to do a few other things and skip these cards if needed.

Impact on racing

Racing tends to be lower quality on a Monday and Tuesday and that combined with the 15 minute gaps in-between the cards leads

02/06/2015 | By | Reply More
New version of Bet Angel

New version of Bet Angel

In case you missed our existing posts on social media we just released a new version of Bet Angel.

**New version**

You can read about the key changes in this version in the forum: -

http://www.betangel.com/forum/viewtopic.php?f=29&t=10476

The new version is available if you are an existing user or trialist, just download it from: -

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

**New charting**

We have also updated You Tube with a couple of videos about the new charting feature we have introduced. You can subscribe to our You

31/05/2015 | By | Reply More
FA Cup final special

FA Cup final special

I was going to write up the FA Cup final and then this arrived. An excellent write up brought to your by our friends over at Football Form Labs. Check out their site and the powerful software that sits behind these comments.

FA Cup Final: Arsenal v Aston Villa (Sat, 17:30)

Tim Sherwood will be up against the club that he supported as a boy in Saturday’s FA Cup final at Wembley as his Villa side take on last year’s winners

30/05/2015 | By | Reply More
French Open Tennis – When it’s good to see red!

French Open Tennis – When it’s good to see red!

We are currently embedded into the first week of the French Open. It’s a tournament that is played on distinctive red clay, and if you want to bet or trade on this seriously, then it’s important to understand the significance of the surface at this venue.

Research by the ATP showed that the average length of a point on the grass of Wimbledon was just 2.7 seconds versus 8.2 seconds on Clay. To understand why this is the case,

28/05/2015 | By | Reply More
One Bank Holiday you may want to trade

One Bank Holiday you may want to trade

Bank holidays can be a bit of mare. Four billions horses, racing over a thousand meetings.

OK, A slight exaggeration there, but you get the picture. Too much racing, too many courses, not enough quality and everything falling over itself.

But today that actually isn’t the case for once. We have 392 runners and they are spread of 42 races, but remarkably the card is lined up perfectly. That means, even allowing for later starts, it’s unlikely that any races will

25/05/2015 | By | Reply More
Monaco Grand Prix

Monaco Grand Prix

You could be forgiven for thinking that if you qualify on pole in Monaco you will win. The tight street circuit is a big test for anybody who is attempting to overtake, but my stats paint a different picture.

Street vs. Race circuits

Monaco was one of the first circuits I profiled and it was because I expected it to throw of some definable characteristics. But what it taught me was just how different street circuits are to custom race tracks. Fairly obvious

23/05/2015 | By | Reply More
York Dante Metting

York Dante Metting

After a successful Chester meeting we roll onto York for the Dante meeting this week.

The York card looks OK but the other stuff on the card today looks a little ‘testing’. For a direct comparison look at the prize money. Kempton has a grand total of £19.5k, York £185k. I’ll be cautious and use small stakes at Kempton as a result,

As we move through the early part of the flat turf season, the early part of the week

13/05/2015 | By | Reply More
Saturday Soccer Stats

Saturday Soccer Stats

PREVIEW: Hull v Burnley (Sat, 15:00)

With three games remaining this is the definition of a ‘six-pointer’ as a win for either side could well prove the death blow to the other’s hopes of survival, and if Burnley lose they will definitely be down this weekend.

Hull were outplayed by Arsenal on Monday but they had won back-to-back matches prior to that and their recent home form is quite good. They’ve won three of their last six at the KC Stadium, …

09/05/2015 | By | Reply More
TPC Sawgrass – The cut

TPC Sawgrass – The cut

Some decent results from this championship this week. Jordan Spieth didn’t carry his Masters form into Sawgrass and has been cut. Returns to £10 stakes at the cut: -

Start to cut – Rory McIlroy – 9 to 7.6 – £1.84
Start to cut – Kevin Na – 100 to 9 – £101.11
Start to cut – Rickie Fowler – 60 to 10.5 – £47.14
Start to cut – Jim Furyk – 27 to 22 – £2.27
Start to cut

09/05/2015 | By | Reply More
Chester May Festival

Chester May Festival

Chester May festival starts today and it’s a welcome addition to the card, but based upon previous years it’s nothing amazing from a trading viewpoint.

Obviously we all love some extra liquidity that the quality racing will bring, but it’s never been a meeting that I’ve got really good amounts from. By that I mean I’m not banging in three figure results a race. Just the odd one or two a day. The thing to note about Chester is its

06/05/2015 | By | Reply More
May Bank holiday racing

May Bank holiday racing

So that’s the Guineas parked for another year. I did OK, but didn’t get as much as I would have liked from the feature races, I just can’t get my orders filled quickly enough. But it was a satisfactory result. Over the two days I produced remarkably similar results. So 10/10 for consistency but maybe a bit less for the overall results.

02-05-2015 - 200 Guineas day P&L - Copy04-05-2015 - P&L Day - Copy

Another public holidays means a whole bundle of racing on the card, often too much. If you have a lot of …

04/05/2015 | By | Reply More
Saturday Soccer Stats

Saturday Soccer Stats

PREVIEW: Spurs v Man City (Sun, 16:00)

Spurs salvaged a draw at Southampton last weekend to maintain their sixth position in the standings and they remain hopeful of finishing fifth after Liverpool’s midweek loss at Hull. Man City, meanwhile, are back up to second following their rather lucky win over Aston Villa. Of course Villa are in good form and did recently end Spurs’ 10 match unbeaten streak at home.

Spurs started the season poorly at White Hart Lane, losing four of

02/05/2015 | By | Reply More
Trading the Newmarket Guineas meeting

Trading the Newmarket Guineas meeting

The weather is looking mixed this weekend for the first real big trading market of the flat season, the Guineas. I’ve always enjoyed the Guineas meeting and have had some fun and game over the years on it.

Last year on the 2000 Guineas I bagged a decent total from the race. The market reached over £4m in turnover but tomorrow I think it will be down a bit. This is mainly due to the market dynamics and the fact it is a much

01/05/2015 | By | Reply More
Trading early season flat racing

Trading early season flat racing

With Aintree out of the way we are now in the transition to the full flat racing season and evening racing.

The seasonal transition from one code to another can present problems if you bet and trade with the same style throughout the year, so it’s worth exploring what is different about this time of year.

The first thing to note is that the late season jumps racing has been suffering more than normal this year. A dry April and firm ground has depleted

01/05/2015 | By | Reply More
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