In this video, I walk through one of the most important principles in Betfair trading – why I deliberately do not hedge while I’m actively trading and why doing so puts you at a huge disadvantage if your goal is consistent profitability.

This is something I do on every single trade, yet it’s rarely explained properly and almost never demonstrated in real markets.

Using a real pre-off horse racing trade at Sandown, I show you exactly how I trade on the ladder, why I use net stake, why my ladder is reversed, and how building what I call “green space” inside the traded range completely changes how the market behaves for you instead of against you.

You’ll see:

Why hedging mid-trade makes no logical sense

How trading unhedged allows you to hold positions longer without panic

Why gross profit matters while trading, not hedged profit

How repeated trades expand your safety buffer inside the market

Why short-term volatility should work in your favour

How to avoid being bullied into bad decisions by price movement

I use a £100 stake throughout to keep the example simple and transparent, and I explain every decision as the trade unfolds so you can understand what’s happening on the ladder and, more importantly, why.

This approach isn’t about prediction, tips, or guessing direction. It’s about:

Understanding market mechanics

Using volatility properly

Letting price movement do the work for you

Hedging only at the end, when it actually makes sense

This is practical, real-world trading, not theory – and it’s exactly how I’ve traded for years.

#betfair #betfairtrading #betangel

171 30

Every now and again, something happens on a betting exchange that simply shouldn’t be possible.

This is the true story of the £600 million betting error — a moment where a single horse, in a single race, was briefly available to back with hundreds of millions of pounds in liability… despite the account behind it holding barely £1,000.

In this video, I walk through one of the strangest and most infamous technical failures ever seen on Betfair:

• A horse winning a race while still trading at 29.0 in-play
• Millions of pounds available to back at completely impossible odds
• A single account creating a theoretical £600m liability
• Betfair voiding all in-running bets after the race
• The incident making national news — including Channel 4
• Why Betfair never fully explained the technical fault
• And the most plausible explanation involving integer overflow and data-type errors

This wasn’t a punter mistake.
This wasn’t market mis-reading.
This was a once-in-a-generation systems failure.

#betangel #betting #betfairtrading

196 37

Everyone wants to know *the secret* to winning on Betfair… but after 20+ years of full-time trading, I can tell you — the big secret is that there isn’t one.

In this video, I show you my real P&L from a session using small stakes and explain how the same principles that worked 20 years ago still work today.

It’s not about finding a magic system — it’s about understanding markets, applying the right strategy to the right conditions, managing your money properly, and mastering your psychology.

Here’s what I cover:

00:00 – Why my P&L is nothing special (and that’s the point)
00:47 – Trading with small stakes to prove what’s still possible
02:07 – Why there’s no single winning strategy
04:40 – Positive expectancy: how to win more than you lose
07:20 – The true psychology of trading and how to stay consistent
09:50 – Why every market is different and how to adapt
11:09 – The three pillars of success: Strategy, Money Management & Psychology

💡 **Key takeaways:**

* There’s no one-size-fits-all strategy.
* Positive expectancy is everything.
* Psychology matters more than you think.
* You can profit even with small stakes if you do the right things consistently.

📊 If you’re ready to improve your trading results, comment on what you think my average stake size was before I reveal it!

🎓 Learn more:
👉 Bet Angel Academy - https://www.betangelacademy.com)
💬 Join the discussion on the forum: https://forum.betangel.com

#BetfairTrading #BetAngel #SportsTrading #Betfair #TradingPsychology #MoneyManagement #HorseRacingTrading #BetfairExchange

169 41

If you’ve ever bet on horse racing, you’ve probably come across the Starting Price (SP) — the odds you get when a race begins.

On Betfair, that’s known as the Betfair Starting Price (BSP). Many bettors use BSP to design betting systems or test market efficiency. But here’s the problem: BSP isn’t what it seems — and it could completely ruin your betting data.

In this video, Peter breaks down exactly why BSP is fundamentally flawed, how it’s calculated, and why using it to build betting systems can lead to false conclusions.

You’ll discover how a small timing issue creates a big distortion — meaning BSP often reflects race-in-play information rather than the true pre-off market price.

🎯 In this video:

The history of the Starting Price and how it evolved
How Betfair created BSP to mirror SP online
Why BSP is usually better value but still deeply misleading in data
The critical flaw: how BSP is resolved after the race has effectively started
How this affects your historical analysis and betting systems
What you should use instead if you want accurate pre-race data

Peter also shows a live race example using real-time tracking, Bet Angel, and Sky Sports Racing footage to prove when BSP is actually locked in — and how even a one-second delay can distort results.

💡 Key takeaway: BSP looks convenient and accurate, but it’s influenced by live race dynamics.

Don’t base your systems on it unless you understand the flaw — or you could be building on false data.

Chapters:

00:45 - How Industry SP was formed at a Racecourse
02:45 - Why people would bet at SP
03:56 - Betfair SP
06:30 - Watching a race go inplay and how SP is resolved
10:15 - Practical upshot of what we know about SP

#HorseRacing #BetfairSP #Betting

94 20

Unlock the real power of charting in Betfair trading and discover how to read market movements like a pro. Whether you're completely new to sports trading or you've stared at charts wondering what they really mean, this video breaks everything down in a clear, practical way.

Many bettors think charts are just “squiggly lines,” but in reality they reveal *powerful clues* about order flow, momentum, volatility and where the price is likely to move next — especially in pre-off horse racing markets.

In this video, Peter explains:

🎯 **What charts actually show** — and what they *don’t*
🎯 Why Betfair charts changed in 2025 and how that affects analysis
🎯 How advanced charting in Bet Angel lets you create your own custom indicators
🎯 How to spot major signals like volume spikes, order flow patterns and volatility envelopes
🎯 Why a financial-style approach won’t work in sports markets
🎯 How to combine chart reading with the ladder interface for accurate entry/exit decisions
🎯 Why certain races produce clearer, more reliable charts
🎯 When *not* to trade because the chart is giving you nothing useful

You’ll learn how to identify:

📈 **Strong backing activity**
📉 **Aggressive laying pressure**
🔍 **Flatlining price behaviour that reveals unfilled orders**
⚡ **Market conditions where charts become more effective**
❌ **Situations where charting offers little or no edge**

This is charting explained through real market logic, not superstition, indicators, or financial tools that don’t translate into Betfair’s fixed-end sports markets.

If you want to understand what’s really happening inside the market — and how experienced traders anticipate price moves — this video will give you the foundation you need.

00:00 - Introduction
00:36 - Why we are looking at charts (For traditional betting punters)
01:28 - What are charts good for? Why would you use them?
03:50 - Betfair charts, version 1, version 2 and Bet Angel Charting
05:58 - Understanding a basic Bet Angel chart
07:00 - Looking at individual charts and what they mean
10:11 - Do you really need charts?
12:00 - Reading less obvious charts
14:50 - Where can you find Bet Angel Advanced Charting?


**Watch next:**

✔️ *How to Build Custom Charts in Bet Angel* (full 30-minute guide)

https://youtu.be/kvlB080Mteg

✔️ *Understanding Order Flow: The Missing Skill in Betfair Trading*



✔️ *Mastering Pre-Off Horse Racing Markets*


**Try Bet Angel’s Advanced Charting**

Create unlimited custom charts, indicators, panes, and imported data views — all fully adjustable and integrated with ladder trading.

Forum templates - https://forum.betangel.com/viewforum.php?f=67
Free trial - www.betangel.com/trial/

#betfairtrading #betfair #betangel

159 27

Ever wondered what it’s like to get up at 3:30 in the morning to trade one of the biggest horse races in the world? In this video, I take you behind the scenes of my Melbourne Cup trading session, sharing insights into how and why I trade international horse racing markets on Betfair.
I’ll walk you through:

🏇 How I first got into Australian racing — and why it started by accident!
🌍 Why global race meetings like the Melbourne Cup, Breeders’ Cup, and Prix de l’Arc de Triomphe are full of opportunity.
📈 What makes a great trading market — understanding volume, liquidity, and timing.
💡 How you can apply UK racing strategies to international markets.
🕒 The trading schedule and mindset needed to handle back-to-back major events.

If you’ve ever wanted to expand your Betfair trading beyond UK racing, this is your guide to tackling some of the biggest and most liquid markets in the world — even if it means waking up in the middle of the night!

Chapters

00:26 - How I started trading overseas Racing
03:34 - Big betting markets and big trading markets
04:30 - Key overseas races in the calendar year
07:27 - How these markets trade in comparison to the UK Horse Racing
10:21 - What is the perfect trading market?
12:33 - Summary

#betfairtrading #betting #melbournecup

124 9

Ever imagined combining childhood nostalgia with cutting-edge Betfair trading and inplay betting?

In this video, I’ll take you inside my man cave to show you how I turned a retro arcade machine into one of the most powerful in-play betting and trading tools you’ll ever see.

✅ Discover how an old-school gaming setup can give you a serious edge in horse racing markets.
✅ Learn why speed alone isn’t enough when betting in-play — and how data, execution, and smart shortcuts can make all the difference.
✅ See how I use keyboard shortcuts, automation, and Bet Angel servants to place lightning-fast trades without ever taking my eyes off the action.

Whether you’re into football, tennis, or horse racing, this video will show you how to transform your betting approach. From arcade joysticks placing instant trades, to harnessing Total Performance Data, this is next-level betting in action.

📌 Don’t forget to like, subscribe, and hit the bell so you never miss future videos on Betfair trading, strategy, and in-play betting tips.

Key links: -

Bet Angel Software - www.betangel.com
Total Performance data - https://www.betangel.com/live-horse-racing-data/
Keyboard shortcuts - https://www.betangel.com/keyboard-shortcuts/
Bet Angel Servants - https://forum.betangel.com/viewforum.php?f=57

Chapters: -

00:00 - Introduction
00:53 - A misspent youth
01:56 - The Arcade machine in my man cave
03:08 - The perfect Betfair trading platform
03:40 - Live betting / InPlay betting on Horse Racing
05:34 - Was to get an advantage when betting inplay
07:05 - Placing bets and trades using keyboard shortcuts
10:33 - Bet Angel servants
12:07 - Go out and buy your arcade machine!

164 19

For over two decades, I've done a lot of trading. Most of this has been behind my desk, but I've always enjoyed travelling and mixing the two seemed quite natural.

I’ve traded from aeroplanes, beaches, mountains, hotel lobbies, and even 30,000 feet in the air. In this video, I’ll share how my trading setup evolved from a converted garage to a fully mobile workstation — and how modern tech like Starlink and VPS servers make it possible to trade safely and consistently from almost anywhere.

👉 You’ll discover:

* My very first Betfair trading setup (it wasn’t glamorous!)
* The challenges of trading remotely in the early days and how I overcame them
* How Airbnb, live streaming, and portable tech transformed trading on the move
* Why Starlink is a game-changer for remote traders
* The truth about trading remotely(and why you need confidence at a desk first)

Whether you dream of travelling the world while trading or simply want the flexibility to step away from your desk, this video will show you what’s possible — and how you can get there too.

📌 Don’t forget to like, subscribe, and hit the bell for more insights into Betfair trading strategies, technology, and freedom.

00:00 – Introduction: Trading on the move
00:45 – My early set-up in a half converted garage
01:20 - My dedicated trading room
01:48 – Early struggles with hotel Wi-Fi & satellite dishes
04:12 – A typical traveling trader set-up
04:49 – Life at 10,000 feet: Trading with 4G
05:10 – Using Bet Angel via a Starlink Connection
07:30 – The VPS solution: Reliable remote trading
08:55 – Trading from a plane (yes, really!)
09:23 – Key lesson: Why you must master trading at a desk first

#BetfairTrading #BetAngel #TravellingAndTrading

107 32

Profit before a ball is kicked?

In this video, I show you how to trade the football transfer window and lock in pre-season profits by anticipating how signings (or the lack of them) move outright and relegation markets. If you’re into Betfair trading or football betting strategy, this is a must-watch.

What you’ll learn
• What strongly correlates with league performance
• How transfers get priced into title, promotion and relegation odds
• Where the best liquidity lives
• How to repeat the edge in January’s window

Chapters

00:27 – What is the most important thing in football?
02:09 – What drives the odds on teams pre-season
04:34 – Examples from EPL winners market
09:30 – Example from the EPL relegation market
11:40 – Summary

#betting #football #footballtips

102 9