Sports Trading Thread.

NVP

Well-known member
Jun 21, 2004
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fxcorrelator.com
#61
I read somewhere that having a good understanding of sport can drastically improve the returns of a short-term investing strategy. But apparently that is only half the story; you need to understand resistance too.
It's all about greed and fear as always ..........you play off people's irrational nature during the cut and thrust of live events ........people
Generally will always overreact to events........so trade off it ....as ff is doing well !!!

N
 

ffsear

Well-known member
Oct 10, 2006
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London
#62
Just out of interest ff........my main issue with this a few years back was lack of decent liquidity unless it was a big race or match.......is it better these days ?


N

Liquidity is not a problem. But it is limited, thats why you can't compound you stakes and make millions. A good trader can make £1,000 or so a week (remember the markets are open 7 days with weekends being the biggest days), Is has decreased slightly since Betfair opened its sports book. But the main liquidity providers are the high-street bookmakers who use betfair to lay off their exposure and balance their books.

But you need to stick to the main sports, Horse Racing, Football, Tennis and Cricket Rugby and NFL.
 

itspossible

Well-known member
Sep 25, 2014
2,775
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#65
In a nutshell.f went sailing:whistling.
mm was trying to divert a member onto another site and got banned.
sir g started spamming fs thread with B.U.L.L and nick b had the audacity to question sir g.sir g went psycho and called him a disser etc.suddenly the thread is locked.sir g has now got the obligatory twitter account :whistling.
obviously f was sailing at the time and is :innocent:;)
 

NVP

Well-known member
Jun 21, 2004
35,786
1,732
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west sussex, UK
fxcorrelator.com
#68
Liquidity is not a problem. But it is limited, thats why you can't compound you stakes and make millions. A good trader can make £1,000 or so a week (remember the markets are open 7 days with weekends being the biggest days), Is has decreased slightly since Betfair opened its sports book. But the main liquidity providers are the high-street bookmakers who use betfair to lay off their exposure and balance their books.

But you need to stick to the main sports, Horse Racing, Football, Tennis and Cricket Rugby and NFL.
Agreed ........it's a hell of a lot of fun as well :smart:
 

ffsear

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Oct 10, 2006
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#69
£40 ish profit from 5 races traded today. Just using the methods as outlined above. Will have a look at some tennis trading later this week.

 

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ffsear

Well-known member
Oct 10, 2006
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#73
Couple of trades for a £10.50 green book on the cricket. Trading at £1 per tick.

Most professional sports traders focus on the cricket, and you can see why! over £20mil matched and still 17 overs to play. Plenty of liquidity, and this is just a T20 game. The test matches do much more.

 

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ffsear

Well-known member
Oct 10, 2006
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#75
Today trades +GBP 57.75 - across Cricket, Football and Horses. Statement below shows my various cricket bets ( can't show all sports at once). Going to look into doing some live scalping videos. Anyonw know any good software for recording whats your doing on your desktop?

 

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