Tag: betting
£15
Not an impressive P&L. That is until you realise it was done with just £10 stakes, that’s a 150% return on stake! But not on capital, as you would need multiples of that to do this.
But the fact remains that I reckon using £10 stakes you could get profitable most days just picking and choosing your targets and strategies. The problem comes when you get to larger amounts, it’s much more difficult to do the same thing then. Today …
Quality over quantity
One trend I’ve noticed so far this year is the increasingly poor racing on offer, I hope it improves during the summer.
Today we are faced with three cards but only five races with 10 or more runners. Tomorrow, at the moment, there are only two races of similar ilk. It’s dreadful, fairly low quality races and very few competitors. 2,3 or 4 runners races are getting quite common at the moment. It seems to signify the underlying problems racing …
Safety in numbers…
An overlooked strategy on betting exchanges is spreading your risk across a number of selections and / or markets. A lot of people think this involves more risk but I’d actually argue it involves less.
By doing more you increase your chance of a return and minimise the pain of a loss. This is strategy that can be applied in a number of ways but can most commonly be applied across, say, a number of football matches before the start. …
Accidents and evolution (Part three)
Never one for rhetoric; I presented a similar case, to those I have described in the prior posts, at a talk I did last year. Using a similar model we followed how that can evolve from a base set of criteria and environments to something more complex. The following two snap shots are from a control where we work at random and an evolved model a few generations on.
I reckon I could replicate the performance of the two at …
Accidents and evolution (Part two)
So how did my view on evolution, natural selection and Darwin translate into market strategy?
There are many ways to apply it, but first you need to start. Your first strategy is to have no strategy, just poke around at random. This gives you a control sample to work with, a base metric from which you can build your activity. You should regularly revisit your control to ensure the base you are working from is still the same as when …
Accidents and evolution (Part one)
Some time ago, when I was young, I was accosted by somebody on the streets of Guildford. He was trying to challenge my view of the world and get me to sign up to their cult or something. He followed me down the street and asked me if I really believed the world, everything we see, was created by accident. Without hesitation I replied, YES!
When I was young I had asked myself the same question. So I went to …
Arrest over test cricket ‘betting scam’
Another story in the press this morning about another alleged betting scam.
http://www.bbc.co.uk/news/uk-11122388
The News of World appear to really savour these stories, perhaps will a little too much vigour? But there is no doubt that sport should be played for the right reasons and any corruption should definitely be rooted out. If you are in any doubt as to why gambling has a sullied reputation, its stories like these that produce it. Let’s hope that publicity like this will …
Government to mop up betting cash
Following a pledge by the UK coalition government, MP Don Foster has been asked to compile a report into abandoned betting accounts estimated to amount to millions of pounds which could be used to improve public sports facilities and clubs in the UK. Basically the government are looking at ways to access dormant cash in betting accounts. This is more or less the same initiative that they have embarked on with savings accounts.
For the full story visit this link:
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Betfair signs deal with Samsung
Betfair’s wholly owned subsidiary Betfair TV has signed a pan-European commercial agreement with Korean electronics giant Samsung Electronics, under which the two companies will deploy sports betting and gaming applications on Samsung’s Connected TV platform which is powered by the Yahoo! Widget Engine.
Betfair TV has developed a real-time betting interface that will bring live Betfair betting applications directly to Samsung’s Connected TVs and Samsung Connected Blu-ray Disc Players. The application uses a direct link to the data that drives …
Bet Angel on the iPad
Today saw the launch of the iPad so following my rule of ‘If it’s a gadget, new or takes two batteries’ I just had to get one. The first thing I did was put Bet Angel on it to have a play, you can see the video by clicking on this link. Bet Angel isn’t a native application on the iPad, but it is possible to get it running on it if you use the server addition of Bet …
The politics of betting
I think this general election could turn out to be quite a good trading opportunity.
When trading you ideally want uncertainty and I think we have plenty around at the moment. Last nights debate added some more to mix as well. I thought it was funny to follow the coverage then this morning see all the new polls coming in. I’d be surprised if the election is decided on one debate, especially the one I saw last night. But there …
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