The Footy Trader

How to trade on football markets on a betting exchange

Browsing Posts published in April, 2008

  • 4am and can’t sleep – too many thoughts flying around my head and stuff – Not just about my team Barcelona losing in Manchester either #
  • Come watch videos and live shows on Ustream.Tv http://www.ustream.tv! #
  • playing with the Flock Web Browser and I think it is amazing, totally different way of using a browser #
  • Got home late from work today so didn’t get to trade on the Chelsea Liverpool game – seems Chelsea got lucky again in extra time #
  • I am thinking of buying a MacBook I want to have some portability for some matched betting & have a computer for when bored at work #
  • I had decided that I would get a MacPro for the the illustration work – bit short of time now and I saw that the iMac has been updated #
  • The new iMac looks great and I could add another monitor if I felt the need for a non shiny screen. I could have another 24 incher screen #

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Chelsea battled hard against Liverpool in the semi final and took there luck  to get to the final. I would have liked to have seen the game on the TV but no joy here. I didn’t even get to trade on the game as I was late getting to look at the game in BinarySoft BDI. The match was already 25 minutes old and the odds would not have given value.

Good job I didn’t try it on Betfair, seeing as there was a goal at 33 minutes and that would have caught me out in my favoured under 2.5 goals market.

Don’t forget that BetAngel is a professional type betting software that does everything apart from make the tea. Excellent if you want to be the bookmaker of link up with an excel spreadsheet. I wish there was a Mac version….

Great for English football to see two English clubs in the Champions League final

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  • my dog died this morning and I had to bury her in the garden – she was a good dog and had a great life of 13 years #
  • I did a matched bet this morning using WinUnited – I had a free bet there of €6 which I got from referring a friend. #
  • My friend is happy too because he got €30 as a free bet – let me know if you want a free €30 too and I will help you cash it out #

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I am only home for a short while for lunch and after eating the game at Stamford Bridge was already under way. I would have had a larger back bet on the unders at the start but the odds were not great to start with and then when I looked again the match had 25 minutes played. I just went in with a small back bet and I traded out quickly. The price was moving well enough but the best times to trade are at the beginning of a game or just after a goal as thats when there is most movement in the right direction. Although if the odds are above 1.90 at the beginning all the better.

I didn’t even get a half a percent profit due to the low stake but I am not too bothered, it’s a nice sunny day here in Spain and I was sitting on the terrace relaxing, seemed a shame to run inside to the computer. Even when I could be making some money.

The Birmingham City game vs Liverpool looked better for the starting price on the under 2.5 goals market, but I will be back at work when that game starts.

I still have my bet running on Rangers, I have not traded out yet. I could have had a small profit at the end of the match on Thursday but not enogh to tempt me away from the forty five I have guaranteed on the game if I wait.

  • posting up a new blog post about my betfair trading last night #

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  • posting up a new blog post about my betfair trading last night #

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Well Fiorentina were the better side and it ended up 0-0 I watched some of the game on the TV and it wasn’t a bad game to watch. I didn’t trade the unders with this game because the odds were to low at the start.

My interest is how the odds changed on the market for the winner of the UEFA cup. After the game I saw that I could trade out of my position on the lay bet on Rangers with a profit of about a fiver. I think though I will wait until the second leg which will probably be about a week away and I will come out of it with about 45 Euro. If Rangers win though I will have to wait until June before I can cash out.

I got to the game late. I had thought about working the under 2.5 goals market, but I didn’t fancy it with 25 minutes gone. I would have had to put on a larger amount of money with the odds as they were by then. It ended 0-0 but I didn’t know that when I looked at the game.

I didn’t even do any matched betting yesterday. I would have but I have no money in Moneybookers and I could move money out of Betfair to it either. Seems I have to move the Paypal money out first. A bit annoying, that is. Why shouldn’t I get my money out whichever way I like. I have put money in recently with Moneybookers.

I saw that one of the places that I can still have a new account take the Moneybookers. I will do it later.

On is a League two French game Angers vs Nantes and the other is Norwegian game Fredrikstad vs Bodo Glimt. These are qualifying bets to get a bonus from bookmakers. Later this evening or tomorrow I will see another increase in the betting bank.

I traded on the Aston Villa vs Birmingham City game at the weekend on the under 2.5 goals and the under 3.5 goals markets. I just added a small amount to the betting bank as I was being cautious. I could have upped the stakes while I was doing it though, based on present size of the bank.

I have bets on 2 french football games this evening. Montpellier vs Grenoble  I have backed the draw at  Bet1128 and laid it off on Betfair. I have also backed the draw with €50 on Bet1128 at odds of 2.95 in the Bologne vs Dijon and of course laid it off on Betfair.

I wanted to make a withdrawal of 440 Euro from Bet1128 today but I didn’t manage to have it go through, perhaps I hadn’t turned the bonus over enough times. The other bets I have in with Bet1128 might get me past the turn over money point so I can withdraw cash tomorrow. Also I am expecting another €45 bonus from the bookie, I will let you know when that gets put on the account.

With a bit of luck I will manage to have some wins on the  Betfair side. I can get the cash from Betfair any time I like. It would have been great to have left the 105 Euro in Betfair, that I took out to my bank account, because I need it now to make the matched bets. Looks like I will have to do it a bit at a time.