The Footy Trader

The Footy Trader

How to trade on football markets on a betting exchange

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A Footy Trading Christmas

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.

Use Bet Angel to create your own automated trading tools

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.

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