Friday 19 December 2008

Quick Post

No trading today but a lot of reading. On my way into work read a few betfair trading systems I have acquired over time. Again will tweak system A slightly because this is actually the system I like most. It is easy to implement and you do not need your system to be superfast. One reason I strayed from the original rules is that you may not have anything to bet on for a whole day or may even see 1 or 2 races but not get matched. It is not easy sitting in front of the computer for up to 10 hours and not being able to bet. This leads to stupid costly bets. I now have a system B which allows me to have a bet on nearly every race but also I will take breaks. I am going to make the criteria for system A very strict and expect to see between 3 - 10 bets a week.

Stumbled on a few intersting websites so will list here until I put up my links

For matched betting this is simply the best thing I have seen

http://www.racingtraders.com/OddsMatcher/index.html

and some very useful horse racing/betting articles here

http://www.slipperytoad.co.uk/

Looking forward to a full day's trading tomorrow but may be affected a bit as I am having a big night out today. But let's see still need to socialise

Depending on how I feel I may not trade tomorrow. Who am I deceiving I know will. On the one hand stakes are still very small so I won't do much damage to my bank. On the other losing money slowly erodes belief and confidence and when you play this game when not fully rested and relaxed chances that you will lose are very high

We will see. At the very least I might start trading about 2pm

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