This Easy To Understand Betfair Trading Strategy Works So Well, But Why?

When your first start Betfair trading, the market can seem like a daunting place. You open with a back bet, only to see the price drift, so lay instead. Only to see the price crash in.
Betfair trading can be frustrating!
If you're looking for an easy-to-understand Betfair trading strategy. This video shows you a particular strategy, explains why it works so well, and how you can use it to make consistent profits.
Sports betting markets can seem chaotic, random and noisy. But this is really just the market bullying you. So in this video, I describe why that is the case and how you can use this in your favour by being on the opposite side of this activity.
00:00 - Introduction
00:48 - Sports betting vs Sports trading
02:17 - Finding value and trading on the stock market
04:34 - Value betting vs Betfair trading
06:58 - Exploiting market volatility
11:06 - How I traded eight races and didn't lose
12:43 - Summary
#betfairtrading #betting #betangel

[@wjp555]

A brilliant exposition Peter. Thank you.

[@lambo-nut3793]

Thanks for explaining what trading is in the market. Time for me to take another look at betfair.

[@betangeltv]

Glad it was helpful!

[@jaycraig9858]

Superb content Peter, as always, cheers

[@betangeltv]

Many thanks!

[@stil370]

Brilliant stuff!!

[@betangeltv]

Many thanks for your comment

[@eightbo]

Awesome shirt!

[@grahambeyer6254]

Hi Peter you have recommended in another video to use liability stakes. Can you explain why you chose to use fixed stakes? And when you would use liability stakes please?

[@betangeltv]

Because we are trading pre-off here, there is no advantage to using liability-based staking. But in-play it's a distinct advantage because you align your risk with the odds, which are probably a good approximation of the outcome.

[@craigo1702]

Hi Peter. Can you please do a video on the potential to limit upside based on odds for a 2nd or 3rd trade in a more volatile market. Example if I place a first trade - back $100 @ 2.9 / lay $100 @ 2.7 and don't hedge I've created a +$20 position however if the odds move in to say a back price of 2.4 and I want to back @ 2.4 with a view of laying @ 2.3 am I not creating more risk of a potential losing trade if I place that 2nd back? ie. if I did place that 2nd back bet at 2.4 for $100 am I not bringing my average back price down from 2.9 (first trade) to 2.65 (2nd trade) half of which I've already layed at 2.7 from the first trade? In short your videos seem to trade in the same range and I've done the maths for this but it just feels wrong to be trying to place a 2nd trade at back odds lower than the lay odds of my first trade or vice versa.

[@betangeltv]

That would only be if the price went in one direction only, which the market doesn't tend to do late on. You will need to approach each market based, somewhat, on what you expect it to do. So if the market is strongly trending, you probably don't want to nip in and out of it.

[@glennharrison705]

Hi Peter, for a novice like myself is there a time when you go into a trade ie 10 minutes before the off or ?

[@betangeltv]

It tends to be based around volume. I wont enter unless volume is high enough as this means I can't exit quickly if it all goes wrong. I tend to exit before the two minute period. This is one of the reasons I don't like days packed full of racing, as I often can't establish a safe opening position in the market.

[@EricPollarrd]

There are some systems that work ie what I've just started practising. Backing well known tipsters who's prices are never what they advised to start with because the bookies slash them the instant they're published. Just tried it today for first time got tick distance (just made that up) of 9.8 to 6.4 in one hour on 3 horses.

[@heffo96]

how has this been working out for you? can you share some tips if profitable?

[@Vile_old_Bastard_3545]

Peter if you did not green off your profit over all the horses, would you over time still win the same amount roughly as the horses you trade will eventually come in. A few years back a bloke said it isn’t worth greening up. I suppose it evens itself out in the end. Oh yea I have a system on the dogs doing 2 places and the other day it had 19 in a row 1st or 2nd’s. It also has its losing runs of 6-7 but they are only once in 2 days. I worked it out if you could have accumulated it, it would have been well over a million to one. I have been refining it and watching for over a year and a half now but it has have never had more than 7 winners in a row then wham that happened. I doubt that will ever happen again. I remember when I was a courier up London our firm went to Catford dogs and I got 9 winners from the night and everybody went home in profit (because they all latched onto my luck early) and my boss went home nearly £3,000 up. The second to last race was the funniest as we all thought it had lost and somebody jumped up and said it was still going as it was a 700m+ race. The dog I picked took over on the last bend and won. The last race I picked the dog and my boss had the most on it and asked me for another for the forecast and the dog was trap 3 and I gave him the 1 dog to come second. Guess what happened? Unbelievable. The next year we all went again and I got only 1 winner all night but after the first few races everybody did not go near me as they knew It was just pure luck the year before.

[@betangeltv]

Over the long term, it would average out, but that defeats the point of trading as a nice profit could be wiped out if the wrong hoses win. It makes sense to hedge each time because you get a net result instantly and can use the money again. The only reason you would let it run is that you think it is value. If that's the case, you should be betting on it.

[@glennharrison705]

Another great video Peter, is there a video for the deference between scalping and trading, I've just tried scalping for 10 pounds and made .42p .57p .28p hope I'm on the right track for a novice

[@betangeltv]

I've done a number of videos where I split out different types of trading. I think I may have done one comparing types. But basically bigger odds and handicaps are where scalping works best.

[@casper1240]

Made a bob or two on the stock market make a bit on betfair ,with stocks though you get a great divi on some stocks .and not forgetting the 7 th wonder of the world Compound in terest 😊

[@betangeltv]

Y, long term investing is a very comfortable way to get some income.

[@quench100]

If I lay the draw in a football match and hedge for profit after a goal, but stay in for a loss if it stays 0-0, is that a trade or a bet? And does that require value before kick-off for it to be a profitable strategy??

[@betangeltv]

My general rule of thumb is that if the profit is outcome independent it’s a trade, but if it’s outcome dependant, it’s more like a bet.

[@kopthelotklopp1523]

Interesting point about the turnover. I traded the 8.30 at Newcastle today backed and laid around £1000 on each side but it was £30-£50 each bet. It might take a while but I don't think its uncommon to turnover 10 times my actual balance on one race. in out, in out, shake it all about!

[@betangeltv]

The majority of turnover in any market is made up in this way. We are the market!

[@Gambling4Life]

So my question is I see lots of people trading cricket, which seems to follow trends with one team either shortening or drifting at certain times. So are they just trading directly after wickets? As this is when there happens to be more volatility? Or is it based on the trend and current stats ect.

[@scottjefferies2256]

Volatility and the massive liquidity stems from people cleaning up with the added advantage of a time delay either being at the ground or being in communication with somebody at the ground. Prime example look at the turn over pre match on a tennis game and look at the end. 95% of the money traded would be in play - for similar reasons…

[@dennykeaton9701]

Trading cricket? What on Earth are you on about? 🤔

[@gazzie12000]

@@dennykeaton9701 Trading test match cricket is one of the most reliable sports to trade.

[@user-xt2ui5il5x]

@@gazzie12000why?

[@grahambeyer6254]

But you wouldn't apply this to every market or would you? You have to apply it to specific markets. Markets with high turnover per second say £1k per sec.

[@betangeltv]

Late on with high liquidity is best.

[@petardoh]

The true is that you are risking your stake. Exchange can go down and you my not be able to trade out. It's happening lots. Just to be aware for other people not to use big portion of bankroll.

[@betangeltv]

I've seen lots of people make this point. But, of course, it works both ways. I could gain massively, but nobody seems to point that out. It's just that people like to focus on the negative. I've never lost my bank like this in over 23 years. So the risk is tiny. It all comes out in the wash in the long term.

[@petardoh]

@@betangeltv You misunderstood me Peter. I tried to point ,that if someone for example got 1k bankroll,it shouldn't trade with 1k bankroll even when he is not risking 1k. Bad thinks can happen. I remember when my small daughter in about 2014 tried clean my laptop with water and I couldn't trade out 😂

[@poseidon2120]

Peter, I am interested in using my current VPS to run bet angel Professional would this work fine using VPS this way or does it have to be using Bet Angel's VPS? Thanks. 🙂

[@betangeltv]

You can use your own VPS if you wish, but you will need to run the standard version of Bet Angel on it.

[@poseidon2120]

@@betangeltv I see, so the basic version then? Wouldn't the Pro version be compatible with my VPS?

[@betangeltv]

Yes, Bet Angel Professional is compatible, its just there are two editions, the standard editions and the server edition.

[@poseidon2120]

@@betangeltv thank you. So, I would need to purchase Bet Angel Professional standard edition? Cheers Peter.

[@betangeltv]

Yes

[@adrianmata1347]

hi , Im new to this, I tried to back and lay the same tennis player. I risked $25.2 on both and ended up with less money than I started with :( I had $105.5 now I have $82. My back odds were higher than my lay odds. Im not following what could have happened

[@betangeltv]

Assuming both got matched, you should have profited.

[@antskilu1354]

yes but in football always ensure with double 0-0 u cant do this in horses b coz odds are so low

[@betangeltv]

Not sure I understand what you are saying there, because my main profit earner is trading horse racing.

[@antskilu1354]

@@betangeltv maybe in horses lay 1st -and second horse u get some money back but its not gonna cover RED and often 1-st or second wins ,I thought about and maybe multy with 3 races resolve this problem ..I can send u a scheme if u want ..

[@antskilu1354]

to start with the horse I need to practice a year with soft first until I find the edge otherwise its pointless

[@betangeltv]

There isn't really a debate about whether it's possible or not, I've been doing it in horse racing for 20 years.

[@antskilu1354]

@@betangeltv what is possible?

[@user-ed1zj6bm9b]

Where is the keep buton

[@betangeltv]

In the unmatched bets area. If you are stuck you can visit www.betangel.com/support/

[@shaunmotivation7509]

I wish you would learn crypto trading to get ready for the bull market & get the bet angel software integrated with smart contract technology. You could document this. For sure it would take you out of your comfort zone but if you’re making a few million in betfair per year your capable of 100-1000x this with smart shit coin hunting.

[@betangeltv]

I know how to trade Crypto. I just choose not to.

[@thomasfisher5742]

@@betangeltv looking at the last few days ( FTX ) your a wise man Mr Webb lol

[@betangeltv]

It's easy to jump on a bandwagon, but it's harder to see it's going in the wrong direction and wave goodbye to it as it heads toward the cliff.

[@AtelierDope]

Coincidence or purposely traded the horse with that name??? Thought you had a beta Betfair feature for a second 😂

[@betangeltv]

What did I miss? I guess it was coincidence.

[@AtelierDope]

@@betangeltv Horse was named Indemnity on your example as you were talking about managing the risk 😊 Betfair slip read like you had special insurance at first glance 🤔😂

[@betangeltv]

🤣