Mastering Betfair: How to make serious money trading betting exchanges by Pete NordstedMastering Betfair: How to make serious money trading betting exchanges by Pete Nordsted

Mastering Betfair: How to make serious money trading betting exchanges

byPete Nordsted

Paperback | November 20, 2009

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Trading the Betfair sporting markets in-play is rapidly growing in popularity thanks to the increased sporting coverage available on many different satellite and cable channels. Enthusiasm for sport is a must, but there is much more to mastering Betfair. Many people start by just using Betfair to obtain better odds than those available at the traditional bookmakers. They then perhaps do a little more research and learn to trade the markets. But to make a regular profit - to win and keep on winning - a serious, disciplined approach and careful planning need to be employed. Mastering Betfair takes the reader through many low-risk strategies developed by the author over the past three years, showing how you too can benefit from these approaches to the betting exchanges. It also explains in detail why and how the Betfair user should employ disciplines - such as managing risk - that are normally associated with trading the financial markets. Indeed, through doing this it is hoped that the book will draw the attention of financial traders to the unique opportunities available on Betfair. This book is essential reading for anyone looking to take their Betfair trading to another level and start making some serious money.
Pete Nordsted has been an administrator/statistician in the Royal Air Force since 1985. He was introduced to Betfair whilst on detachment in of all places Afghanistan. Despite the various connection problems he soon realised the opportunities offered by the betting exchanges and has studied the Betfair markets in depth since 2005. He i...
Title:Mastering Betfair: How to make serious money trading betting exchangesFormat:PaperbackDimensions:9.16 × 6.04 × 0.77 inPublished:November 20, 2009Publisher:Harriman HouseLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:1906659028

ISBN - 13:9781906659028

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Table of Contents

Preface Introduction A Brief History of Betfair Part One - Getting Started 1. Betting Basics 2. Hardware and Software Requirements Part Two - The Trading Process 3. The Learning Process 4. Having Attainable Goals 5. Your Trading Bank 6. Paper and Minimum Stake Trading 7. Learning From Mistakes 8. Keeping a Trading Diary 9. Trading From a Plan 10. Trading Systems 11. Learn How the Markets React 12. Back-testing 13. Make Sure Your Strategy Has Been Historically Profitable 14. Randomness and High Probability Trades 15. Mistakes and Warning Signs Part Three - Money Management and Risk 16. Protecting Your Bank 17. A Money Management Plan Part Four - Trading Psychology 18. Learning to Accept Losses 19. Be a Contrarian 20. Trading in Your Own Time Frame 21. Balancing Trading and Living Part Five - Strategies 22. Introduction 23. Football 24. Tennis 25. Twenty20 Cricket 26. Golf Part Six - The Rules For Mastering Betfair Conclusion Appendices I. A Month Trading Tennis II. Results of Analysis on Tennis Strategies III. Explanation of Charts Used in the Book IV. Odds comparison chart V. Resources Index