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:PaperbackProduct dimensions:9.16 × 6.04 × 0.77 inShipping dimensions: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


Table of Contents

PrefaceIntroductionA Brief History of BetfairPart One - Getting Started1. Betting Basics2. Hardware and Software RequirementsPart Two - The Trading Process3. The Learning Process4. Having Attainable Goals5. Your Trading Bank6. Paper and Minimum Stake Trading7. Learning From Mistakes8. Keeping a Trading Diary9. Trading From a Plan10. Trading Systems11. Learn How the Markets React12. Back-testing13. Make Sure Your Strategy Has Been Historically Profitable14. Randomness and High Probability Trades15. Mistakes and Warning SignsPart Three - Money Management and Risk16. Protecting Your Bank17. A Money Management PlanPart Four - Trading Psychology18. Learning to Accept Losses19. Be a Contrarian20. Trading in Your Own Time Frame21. Balancing Trading and LivingPart Five - Strategies22. Introduction23. Football24. Tennis25. Twenty20 Cricket26. GolfPart Six - The Rules For Mastering BetfairConclusionAppendicesI. A Month Trading TennisII. Results of Analysis on Tennis StrategiesIII. Explanation of Charts Used in the BookIV. Odds comparison chartV. ResourcesIndex