TSTA opening weekend

So, the Monday after the first full weekend trading over at The Sports Trading Academy. It was great to see so many familiar peeps in chat yesterday and it would appear that on the whole everyone made a nice profit on the weekend.

Personally, I ran two trades on Sunday. We could do nothing about the madness which insured at Old Trafford and accepted a £10 loss on the trade as the goals flew in. Took a nice quick £13 profit on the evening trade between Lyon and Lorient. so £3 profit on the day… That’s rubbish I hear you shout.

Well it was lucky we supplemented the official trades with some classic lay the draw action, I personally bagged 5 from 5 laying the draw in play at average odds of about 2.5, whilst I saw at least a couple of other people in chat advising LTD’s in matches as far afield as Brazil which were also winners.

Robbo rounded off the football trading by advising a correct score Dutch on the Valencia game. I was not around to see the outcome but looking at the result and timing of the goals I am sure a nice profit was taken there too.

As I was already tucked up in bed I am not sure what happened in the nocturnal hours but it’s a fair bet there were some members burning the midnight oil and trading the NBA too. This place really is open all hours!!!

So all round a cracking day then. Of course not every day will be so successful but its a good start and It was great to see so many people in chat on just the first weekend of Robbo’s new trading academy. Long may it continue.

If you want a piece of the action come and join in the friendliest trading community on the Internet for just £10 for your first month.

www.thesportstradingacademy.com

Return of the mac… and TSTA!

Greetings all,

I’ve not posted for a long while for various reasons but contrary to popular belief, yes, I am still alive and yes, I am still trading the betting exchanges. A lot has changed over the past year and my trading has improved and my profits have increased ten fold!

There is no secret to my recent improvements other than hard work and dedication and, rather than start a new blog I thought it just as well to come back here and fire up the old girl!

Most of my trading activity these days will be over at the brand new Sports Trading Academy (TSTA). This is a new website dedicated to producing a healthy monthly profit for it’s members. Trader’s of all levels can come together and learn from one another in a whole range of different sports. Whether it be football, Cricket, Tennis, NBA, Horse Racing, or any other sport you wish to learn more about trading, TSTA is the place to be and someone will always be on hand to talk you through a trade or bounce ideas off.

An extensive forum section is already filling with content from top full time traders who are experts in a variety of sports, feel free to join in the debate and add your own thoughts about a particular match or race. I addition to this you can explore the strategies section to begin expanding your trading portfolio and learning new techniques!

Check the forums every morning for the picks of the day, or just drop into the chat room at any time and jump on a few trades with other members.

The Sports Trading Academy is set to be not only the most valuable resource for sports traders anywhere on the web. It is also a social networking site where there is trading activity to follow and discuss 24 hours a day! Best of all, it’s only £10 for your first month so come and try it out. I can personally guarantee you that you will be impressed.

Anyway, i’m in there, and called mac1 (hence the title to this blog!)… so come say hi!

COME AND SEE FOR YOURSELF! —–> The Sports Trading Academy

Hopefully see you over there and we can make some decent profit together : )

Be Lucky!

Wimbledon trading update – calling for the trainer

Yesterday was a better day of Wimbledon trading. Despite the rain delay, we were served up a real treat under the roof on centre court as Venus Williams took on  Date-Krumm. Naturally Williams was hot favourite and started the match at  1.05, after going 5-1 down in the first set she traded at odds higher than 1.7!

I  laid Venus before the match at 1.06 and greened up for a very nice profit at 1.38 after she was broken early on. I thought that was that but kept watching the markets for further opportunities and delved back in before the start of the second set with Venus one set down. I backed her at 1.58 and traded out at 1.22 when she’d taken the second set 6-3. I then sat back and enjoyed the final set where swings are so often ludicrously volatile – with profit safely in the bank.

Next up was Guernsey girl Heather Watson on the outside courts. I took a speculative lay of Heather at 1.16 during the first set and traded out after her unfortunate injury which saw a massive market overreaction.

Then it was the turn of Raonic to call for the trainer after a nasty knee twist early in his match against the German, Muller. I managed to get some of my stake matched before the market went into meltdown on the back of his injury and traded out for a small but welcome profit.

Andy Murray never traded above his SP as he dispatched of Tobias Kamke in straight sets but my pre match lay at odds of 1.03 meant I had minimal liabilities. Now Murray faces a sterner test in Ljubacic and so laying him from the start and looking to green up in the first set is the tried and tested method when it comes to the scot.

I hope everyone’s tennis trading is going to plan. Enjoy.

Complacency and Betfair’s mug lumpies

My hopes were high after an exceptional day’s trading of Wimbledon on Monday and I went into yesterday full of confidence only to be brought back down to earth with an almighty bump. A few technical issues coupled with a nasty tie break in the Stepanek v Verdasco match left me reeling as my profits from day one were completely wiped out. Needless to say the desk took some punishment. Nevertheless I am confident in my strategies and ability to be profitable. It was not a trading error, in terms of judgement or greed. It was a technical mishap which was at the very least, rather unfortunate. All that can be done is to put it out of your mind and move on, so that’s what I’m doing.

On a more positive note, Andy Murray plays again today and is available to lay at 1.03 from the start. Despite his bursts of brilliance, Andy is a notoriously slow starter and I am pretty sure he will trade at least a couple of ticks higher in the first set. An incredible amount of money matched at such low odds really highlights some moronic punters on Betfair, backing any outcome at odds below 1.10 should be an offence punishable with death. But, on reflection, if these mug lumpies were all killed off, such opportunities to lay at low odds would cease to exist, so I thank the brainless fuck-wits for offering up their cash. Muppets.

All is not lost… The final word on the US Open

It’s safe to say that last night, for the first time in my life I simultaneously felt disappointment and awe. It was weird. Rory McIlroy’s stunning performance at the US Open propelled him into a new life as a golfing superstar and I bow down to his greatness. However, his display of excellence left my early lay bet completely dead in the water. The plan last night was to claw back some of that liability and I’m happy to report that the objective was completed in satisfactory fashion. Here’s how it went down.

Firstly, I turned my attention to the winner without Rory market and layed the arse off Yang at 1.6 with plenty of holes still to play. The Korean duly found the drink, followed by numerous shots into the rough as he struggled to keep pace alongside the masterful McIlroy.

I also went bare back (my new terminology for straight betting) into some two ball match markets by backing Garrigus, Garcia, Westwood and McIlroy himself to win their respective rounds. Three of the four came in and I ended the evening with half the losses I would have suffered should I have left the hopeless lay on the leader as my sole interest.

So all’s well that ends ok. I made some losses but as a trader you move on and keep discipline. It’s safe to say I was not the only one that got burnt by McIlroy’s brilliance over the last few days but I have no regrets in my decision-making. Of course the Rory backers will be smug in their success and so they should be. But the fact there was bucket loads of lay value on Rory after his first and mid way through his second rounds does not simply cease to exist because he went onto win. The man broke 12 records and produced things nobody had ever seen or thought possible over the four days. Put simply, he defied the value in the markets. It’s times like this that, as a trader, you have to stand back and admire. After all, sports traders have an inherent love of sport and Rory’s historic performance will be appreciated by all. Well played young man!

No rest for the wicked, I will be leaving the weekend’s financial disappointment behind and focussing solely on Wimbledon over the coming fortnight. In yesterday’s post I pointed out two very helpful sources to learn about tennis trading. Yesterday’s post was rewritten twice due to my computer deciding to delete it as I tried to publish. So, by the third time of writing I was in a fairly foul mood. But I think I managed to keep that in check. Have a read and see what you think. ;)

Good luck with all your trading today folks!

The Trading Post: Wimbledon trading advice and ‘unsporting commentary box behaviour’

So, it’s that time of year where people start gorging on strawberries and cream and washing them down with Pimm’s whilst simultaneously purporting to be a ‘year-round’ tennis fan. Everybody knows these people have just gone over the top with their patriotism and just want to be a ‘part of history’ should Britain’s perennial bottle-job Andy Murray miraculously overcome the odds and walk away with the Wimbledon title. But I suppose they can be forgiven.

Before I get started. What is it with people spontaneously referring to the part of London where this particular tennis tournament is held by it’s postcode for these two weeks every year. The insatiable Sue Barker rolls onto our screens and starts squawking ‘Welcome to SW19’. God forbid Adrian Chiles opening the Champions League coverage from Old Trafford breaking up his customary drivel with ‘Welcome to M17’. That sounds more like a disturbing vision of a time where producers have realised Chiles’ incompetence for prime time television and have instead started sending him to motorway service stations to sample the latest picnic benches or to a bridge over the M17 to report traffic levels for local news – all the while praying he doesn’t bore himself into leaping into the oncoming traffic.

Anyway, It’s Wimbledon and that means two weeks of quality tennis and juicy trading opportunities. Trading tennis is great fun and can be extremely profitable due to the nature of having only two outcomes (two players) and, therefore more pronounced swings in price. Having only recently begun trading tennis myself, I am aware that there are many people better placed than I to offer strategies and advice, so I will point you in their direction.

Firstly, I have based my own tennis trading strategy loosely around the one featured in Pete Nordsted’s (@petenordsted) book ‘Mastering Betfair’. I lay the favourite when their price reaches a certain level and have a clearly defined exit strategy. If you haven’t got a copy of Pete’s book – get one! In addition to the tennis strategy, there are chapters with advice on money management, trading mind-set as well as loads of detailed data and further strategies for golf, football and cricket.

Secondly, although I haven’t yet signed up myself, I am reliably informed that Trade Shark’s (@Trade_Shark) tennis trading website and service are ‘the nuts’ when it comes to assisting newbie tennis traders, so get over there and see what you think.

The two sources above should get you well on the way to successfully trading the tennis. Despite being new to it myslef, I quickly learnt a few things about tennis trading that I can pass onto you to help you from making the same mistakes as I did. First of all, for reasons outlined earlier, tennis trading features more pronounced swings than other sports and so it’s key to know your exit point otherwise things can go pear-shaped very quickly. To avoid this you need one piece of advice that was imparted to me by one twitter follower whom I know only as The_Knobster: ‘Don’t get greedy’.

The second, and most important piece of advice I can give you about trading tennis is this: You must remember that when trading matches involving Andy Murray that are televised on the BBC, the mute button is your most powerful and useful trading tool. Not only will it protect your decision-making from over-zealous and disgustingly biased commentary, you will also be spared listening to Andrew Castle brown-nosing Andy Murray to the extent that you can actually hear him licking the inside of the commentary box window when Murray is down his end serving. And with that slightly unnerving image, I will bid you farewell for now.

Best of luck with all your trading adventures over the coming days.

Let’s play tennis!