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By way of a different post to usual, and hopefully an interesting insight for readers. I asked them all 3 questions each and answered them myself at the end. What would be your top piece of advice or tip for a newbie trader on Betfair? What would you suggest readers use as a good resource for any statistics or research when trading? What’s your most memorable trading moment?
He’s been a professional gambler since 2007. He started betting in 2004-2005 at the virtual poker tables online. After years of playing poker he made the transition to trading sports in 2012. After 7 months he hit first level of premium charge. Today he has come a long way and makes substantial amounts from the markets. To read more about Sammy’s experiences you can find a list of links at the bottom of this post.
My best advice is to learn the math behind a trade. There is no way you will be able to quantify if you made a correct trade or not otherwise. And I’d also like to emphasize the importance of knowing how the market moves for your sport in each given scenario. Tennis Insight is the one I use for tennis stats.
You always remember the bad one’s right? Well this one is probably the worst trade I’ve made. There was no stream for this match so I was trading the scoreboard only. During this time there had been some weird amounts splashing around so I thought Christmas came early that evening and I was all over it. Here’s the screenshot from Sammy’s Geekstoy Software when that dreadful moment happened! To read more from Mark you can find a list of links at the bottom of this post. Keep records of your results as you’ll be able to measure important performance indicators such as your average win, average loss and strike rate.