Picking winners when betting on horse racing can sometimes be a difficult task, with this betting strategy picking a winner is not necessary but you can STILL make a profit!
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There are many horse racing meetings that occur every single year, from the all-weather racing at Southwell to super high-quality races such as the Derby at Epsom Downs! One thing is for sure in the world of punting on horse racing, everybody is trying to do the exact same thing, pick winners!
Whether you bet based on form, or perhaps a jokey at the top of their game such as Frankie Dettori has had a string of continuous winners that influences your decision, everyone bases their decisions on something.
My betting strategy allows me to trade the betting odds and the price movement of those odds on the Betfair Exchange in order to make a profit, this video will show me doing just that and explain what influences me to place my bets.
Disclaimer: This video is for informational purposes only and is not financial advice.
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You got so emotionally involved on that 14:25 at Beverley that you weren't rational. You really REALLY wanted it to go to 3 so when the market turned around 2.8 you weren't able to change your strat and take a decent profit around that level. Gah!
This isn't a betting strategy. You are trying to swing trade. It's trading not betting.
There is no reason why you have to stay with the race you've just traded. Once you green up just move to the next race. I really don't understand your logic for staying with a race that you have already greened up. Yeah, there will be in-play traders money in the market but why would you want to stay with it and look at that. Just go to the next pre-off market. It just seemed like you felt you had to watch the market until the race was run, there is no reason why you would need to do that.
Very few successfully make money at scalping pre race
Isn't it better to deal with 2nd/3rd favourites as price movement is far bigger per tick? It's not like you're needing huge volume for those small bets
Just found your videos and as someone who is wanting to move over from matched betting to trading, I've found them extremely useful. I've watched other videos and read guides but they can be confusing when you're still learning whereas your videos I find really easy to follow, you explain more of the basics and explain your thoughts really well. It's also nice to see the mistakes you're making, as you're still learning yourself I feel I can learn from your mistakes. I can see your emotions also which other traders don't show, I just think it's great to learn along with someone else who's still learning rather than watching someone who seems to know it all and can make you feel abit like an idiot sometimes. Keep up the good work, thanks for the videos and good luck with your trading journey!
Hello, greetings from Argentina. Good video, it does not show only the gains like some traders. I am learning with your videos. How do I know how much my Back should be staked when I make a $50 lay? o How much is the lay when the back is 50, if the fee changes? Thanks for sharing.
Very informative and open of you for doing this. The other well known vloggers tend to cherry pick winners only. One thing you might think about is watching the pictures pre off. Then you'll see if the race is running to time or is late.
Do you have an algoritminc strategy to giveaway to forward test myself and then build a relationship from there? Also what is its ROI, average trades per week and average profit per month if you can provide such metrics?
you are a bit rookie, but keep learning and reinvest the winnings mate
A couple of things. You absolutely need live pictures when Trading pre-off. A horses price can be affected by how it is behaving going to post/at the post. Even the trainer bigging up it's chances in an interview right before the race can have an affect. Also when you have a jumps race and they are milling around at the tape, the price can contract a few ticks if it is obvious that a particular horse may be making the running.
You need to be aware of the other ladders and how is it affecting the horse that you are Trading. A couple of times you seem to be willing the fav to drift/come in without mentioning what was happening elsewhere. Always keep an eye on the 2nd/3rd/4th favs; they are all interacting to keep the book balanced.
Lastly, don't worry about the race that you have just Traded still being in play. As soon as it is off go on to the next race. There will be opportunities.
Good luck in your journey and I can see that you have the fundamentals in place. In time you will get more skilled and have more of a "feel" for the markets. And remember- you don't need to Trade every race, as tempting as that may be.
Great channel. I've started experimenting with this recently.
Great video as usual. Open and honest. Really good to see your mindset for selecting trades and how you handle the losses.
Great video. May I ask how you film your widescreen trades and still be able to see clearly the picture on YouTube? I am also a trader but every video I tried to film, it ends low quality and can't be visible clearly the numbers on the graph
Can anyone tell me if all these programs bet angel odds monkey bookies etc.. work on a Mac .. or they windows only….?
If you want to learn the ropes to do this every day consistently I would recommend Bf scalper course otherwise you just chase your tail for years like I did until I got it 😅 your on your way Liam 👍👍👍
excellent video, great explanations on what you are trying to achieve. and how.
im in losing position for 2 months but i will not give up thnks for advises bro
Hey bro, love your content, always so informative but digestible. Do you think you could do a few videos in betfair tennis trading? Scalping strategies etc? Would be super interested in a trading series.
I know ur new but once you have traded out on the race. I wouldn't be wasting time still watching that race in play. I would be straight on to the next race to trade. This will give you more time to access that market
95% of people will lose monies. Big players with BOTs including the bookies. Will eat up your funds. Not advisable the average person without prior knowledge of reading charts even tries this. It's still gambling.
Hi mate just getting ready to start having ago at match betting with oddsmonkey have you any tips for a fellow wiganer thanks