I use Betfair and Geek's Toy. To be honest you can trade well enough from the Betfair website itself but a third party app is better to get streaming prices and a bit more functionality.I don't but have a friend big into MMA betting. He loves how the underdog can have top fighter upsets.
What platform do you use for sports trading?
i started a thread a while back. https://www.trade2win.com/threads/sports-trading-thread.214254/I don't see any discussion of sports trading through Betfair or similar? In my mind it's just as valid as anything else. I do quite well with it and I love the very well defined entries and exits, with a profit or a loss. Is anyone else doing this?
On and off for a long time but probably only successfully in the last few years. It's not something that I have been devoted to as a full time income although I can see that it could be done.Interesting. I like how you got very specific with your strategy, I feel like that's super important with any sort of successful trading. How long have you been doing sports betting?
I think you just have a lack of understanding of what we're doing. You are buying and selling the odds as they move up and down in a very similar way to buying or selling a eurusd quote, it's no different. On a betting exchange it is the market participants that set the price albeit there are countless bots that move the prices to certain levels on certain outcomes but then that's exactly the same in forex. There are gamblers who use forex for their kicks just as there are tennis traders that use tennis but isn't it a structured approach to placing the "bets" in such a way as to give you a profitable expectancy that separates the gamblers from the traders?The use of the word "trading" in the title is a questionable one, what is being bought and sold or sold and bought? I think gambling is the most suitable word for betting on whether a sportsman will hold his serve or not. And since you only bet on the most likely outcome, how much risk do you have to take in order to realise a decent gain given that the odds are set by the bookmakers?
Nice, I took a look. What have been your results recently? What kind of strategy do you use on tennis?i started a thread a while back. https://www.trade2win.com/threads/sports-trading-thread.214254/
i also trade tennis.
The thing with that though is that if a goal is scored then the odds will shift so much that you can be left with a huge loss you can't do anything about. You'd be surprised how many times I was caught out by trying to trade a 2 - 0 match for a few ticks at the end of the game and the other team bashed in 2 goals. Of course once the first one goes in you're either waiting for the decay to bring your price back or hedging for a loss.Yes same here, but with the new season starting I'm trying out a new idea, just scalping the result in the last 10 mins of the game
Thanks for registering and posting!Hey - I've been lurking for a while and never created a profile. Thought I would reply to this because I think I'd actually know enough to contribute without being an imposter!
I've been sports trading for a few years. I've spent most time on the horses, pre race and in play. Never been able to get consistent- for every huge green, I'd cancel it out with a big red and then lose all discipline. I dabble every now and then with small amounts, but horses can be very frantic.
Football has always been a bit meh for me, from a trading perspective despite it being my favourite and most knowledgeable sport.
Just started getting into tennis and really enjoying it. I can see the patterns that form already. My favourite strategies are laying servers in the WTA, backing favs when they're broken. Also enjoying laying the Set 1 winner if it's been very close and the winners serve has been under pressure a lot. The downsides on those trades are small, with huge potential upsides. I've been making a steady profit, but I need to get better at exiting at the rights times to maximise greens and minimise reds. All in all, trading tennis has been far more relaxing than horses.
Be good to continue the chat and hear about how your tennis trading is going.