The Footy Trader

How to do some dutching of the correct score market using BetAngel. Also are you aware that you can use BetAngel for Betdaq for free at the moment. Well worth a look I can tell you.

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January 27th, 2009 | Category: BetAngel, Betdaq, Trading, betting bot, betting calculator | Comments (3)

OK the numbers are a bit out because this should be Wizardcast 43, it is just that I am working on other podcasts and this one is ready before the others. The next ones will be Wizardcast 43 and 44.

Download Wizardcast 45 NOW

Talking to Mark Baker of BetBotPro and he told me all about the betting bot that you can use on the horses or with the greyhounds. I am using the software myself and I am pretty pleased with it so far. I have been using it with the greyhounds and I am in profit for the day so far. I am actually surprised the number of dog races there are every day. Plenty of room to make some money

BetBotPro is available as a five day trial and it even has a simulation mode that lets you try out a strategy without risking any of your betting bank. I have been running the bot all day and at the moment I am still in profit by about 10 Euro. It has been as high as 14.20 Euro but there were a couple of losses that brought that down again. What I should be doing is running a trailing stop on the winnings and that’s what I will do with a live account.

January 24th, 2009 | Tags: BetBotPro, betting, LaybotPro, Wizardcast | Category: Podcasting | Leave a comment

I was contacted by John and Lee at Juice Storm  and WUBT radio with a view to being interviewed about my Wizardgold activities.

Of course I was delighted to go on their radio show and talk about my stuff. John otherwise known as Man of Mystery on Betfair asked  me a few questions and basically I chatted about trading the unders and using the Football Cash Generator.

Have a listen anyway and enjoy….

January 24th, 2009 | Tags: betting, gambling, JuiceStorm, podcast, radio, Trading, Wizardcast, WUBT | Category: Podcasting | Leave a comment

Check this video I have made to show how to use Betdaq Assistant with the Betdaq under 2.5 goals market. I did this with the Southend vs Chelsea game. I don’t really recommend using FA Cup games for trading but it worked out OK anyway. I even timed the greening up really well a couple of minutes before the first goal was scored.

I have been trying out the Betdaq Assistant software from Gruss and I am very pleased with it. It has been created using Adobe Air which makes it cross platform. Seeing as I am a Mac user this is the icing on the cake with a cherry on top for me. You can also use it on Linux and even Windows if you are crazy enough to use Windows.

January 15th, 2009 | Tags: BetAngel, Betdaq, Betfair, Betfair Trading, BetIE, betting, betting bot, gambling, soccer, trading football, under 2.5 goals | Category: Betdaq | Leave a comment

Manchester United totally wiped out Chelsea and Scolari is not too pleased with that, unsurprisingly. I didn’t expect there to be such a comprehensive thrash type scoreline at 3 – 0 but I have been expecting Man U to be heading upwards in the league because of having two games in hand on the other teams in the top four.

As for my trading at the weekend, I did do some trading on the under 2.5 goals with the Villa game and then I missed the start of the later games. I think I will have to start setting a reminder on my iPhone of when the games are due to start so that I can get in there in a timely fashion. I didn’t even do anything with the lay the loser strategy, as I was looking at the Stoke Liverpool game and there was no score to do anything with. In the Villa game after the first goal I could have done the lay the loser but the lay odds were way too high. I may consider looking at the possibility of doing a dutch of the win and the draw instead it may be more controllable.

OK so now I will go and look at the fixtures list for this week and start making some calendar appointments that will wake me up in time for when the game is due.

I would be pleased to hear from you if you have any ideas for betting strategy on football games. Tell us what is working for you or even what is not working. Is anyone still working on the Football Cash Generator and how are you doing with it?

January 12th, 2009 | Tags: Chelsea, dutching, Football Cash Generator, lay the loser, Liverpool FC, Manchester United, Scolari, Stoke City | Category: Aston Villa, Betfair, Chelsea, English Soccer, English football, Football, Football Cash Generator, Liverpool FC, Manchester United, Premiership, Trading, football betting, software for betting | Leave a comment

Not much work done lately with all the days being taken up with the festivities. If I wasn’t cooking and preparing things I was sitting and eating and using the time to be sociable. Well if you can’t be sociable at this time of the year then you might as well go home and stay there.

I looked at the possibility of doing something with the boxing day games but was out for all but the last premiership game of the day. At least someone was doing something though because I saw a sale of the BetIE software and also of BetAngel. I still need to sort something out so that I can use the software again due to Parallels quitting on me. Why oh why can’t we have more software that will work native on the Mac. I really do miss BinarySoft BDI. Now that was a good bit of software, if a little differnet in its approach. You may have seen that I tried out some java based software to use with Betdaq but that kept crashing so was useless. You have got to have reliability when you are working with cash.

The offer of 2% commission at Betdaq will end soon but I think staying with Betdaq is still a good idea, despite lower liquidity in many of the markets.

I do wish I could do more matched betting. It really is a case of good maths and no risk. If you are keen to try out some betting strategies like the one I have been trialing lately with the “Lay the Loser” then it is a brilliant idea to build up a bank to work with and take out your original seed money to get your hands on the free money, and then just work with someone elses money. OK I know that you can use BetIE and make good use of the learning mode, which is what I do but then the next stage on is to use the free money from the online book makers.

One idea you might contemplate is to attend one of Peter Web’s courses in which he shows you how to trade on the betting exchanges. Specifically using BetAngel but that is such good professional software though it would be a very useful course to follow. In fact I suggest it would be an excellent use for the money you pull in from the matched betting.

BetAngel is Revolutionary Software and I am sure you will find Soccer Mystic pretty interesting also. Both are from the same company and they have just come up with a BetAngel for Betdaq that you can try for free.

I have been using it and I am impressed. In fact there are parts of the software that I ahave no clue whatsoever about how it works. But it is there for me to learn about later, which is nice.

Although I am a Birmingham City supporter (for my sins) it was good to see that Aston Villa could pull back to 2- against Arsenal. I saw the game on Match of the Day on the BBC and thought they deserved to draw if no win the game. My team here in Spain is Barcelona and like all the teams in La Liga they are having a break at Christmas, which is quite different to the way it is done in the Premiership where they even have to play on Boxing day. I expect that they have to go easy on the eating on Christmas day or roll around the pitch the day after.

Thanks for coming to the blog during the course of 2008, I appreciate bot the readers of the blog and also the listeners of the podcasts. I am pleased that the numbers have been rising in my podcast statistics. I have about 2500 – 3000 downloads of the podcasts each month – nice to know that people are taking the time to listen to or watch my ramblings.

Lets all hope that 2009 is a good year for us all.

December 27th, 2008 | Category: Uncategorised | Leave a comment

Testing some software and it didn’t work and the video show what happened. It was some Beta java based software that works with Betdaq.

You can use software successfully with Betdaq, Have a look at BetAngel for Betdaq. They made that software in response to Betfair getting more expensive. They started charging the more successful traders more money and annoyed a lot of people. The makers, users and coders of BetAngel in that group.

December 14th, 2008 | Category: Uncategorised | Leave a comment

In this short podcast I show how to set up a dutch on a correct score market on Betfair using BetIE. Really easy and I show how you can get a good ration of reward to risk. The stats combined with this strategy will mean that in the long term you will surely make money.

You will be surprised how easy it is to do this using BetIE, which as other tools and functions that can help you with your trading on Betfair.

December 12th, 2008 | Category: Football Cash Generator, Uncategorised | Leave a comment

Here  is a super example of what happens to the odds at the start of a game when no goals are scored. Neither West Bromwich nor Portsmouth have found the back of the net and the odds dropped down from around 1.90 at the start to about 1.35. Clearly a trading opportunity.

I just went out to walk the dog and it was necessary, there was business to do. I get back in the house and look again at the graph for the under 2.5 goals in the same game. I know straight away that there has been one goal scored from the movements on the graph. See below in the graph what happened to the odds after the goal. They rocketed back up to 1.90 and then started to head downwards again. By the look of it the downward trend is similar to the previous trend before the goal in terms of speed of the movement. More evidence of a trading opportunity. The only thing is that there has been a goal scored and you only have to see one more goal to be in a losing situation.

What is the answer here? Really it would be best if the reward was higher as the risk is a little higher, There is only a one goal cushion.  It would be good to see a steeper line after the goal is scored. You could move to the under 3.5 goal market and see what the odds are like there. You could perhaps go into the under 2.5 goals again but only for a short amount of time. Get in there and get out taking a smaller amount of profit from the trade.

Seems to me a quick in and out is the way to go on this market.

Here we go again and there has been another goal there has been an equaliser. The graph shows the odds on the game ending under 2.5 goals is up to 3.50 and then sharply down to 2.50. Great care needs to be taken when two goals have been scored as only one more goal and that is that – all done and dusted.

The movement of the odds just after the goal is a lot sharper though. If you could get a betting bot to throw in an order for a bet as soon as the market got started again and then do the hedging bet very very quickly after that you could make a nice profit from it.

Have a look at BetIE for your trading – It has the advantage of having a once off price and no monthly fees. I think the interface is fairly basic but despite that it does have quite a few tricks up its sleeve. You can do hedging, dutching and trading. The best of all is that it can do a learning mode which will allow you to try out things without risking your betting bank.

You could also look at BetAngel which is the Rolls Royce of the betting softwares, it does everything bar make the tea. It does have a monthly cost and you have to bear that in mind when you work out if it is for you or not. I recommend looking at what you expect to make from your trading each month and it is obvious that you have to make more profit than what you have to pay for the software each  month. Still though for the professional trader then I think it is the best choice. At the moment you can try out the BetAngel Betdaq version which is new and it will not cost anything.

If you are working mainly with soccer then you will perhaps get better use from Soccer Mystic

December 7th, 2008 | Category: Uncategorised | Leave a comment