I traded last night's American Football, some on Betfair and some on BETDAQ. Although liquidity was significantly higher on Betfair, BETDAQ's wasn't too shabby. Unfortunately, the game was all over from a betting perspective for me by early in the second half, and as a trader I like close games with plenty of lead changes like last week's game.
I find the NFL one of the easiest games to trade. The market acts very predictably and it isn't difficult to lock in profits for no risk, (anyone who has watched these markets a few times should know what I mean). If you trade the game throughout, it's important to know the rules and be wary for flags. A turnover that is called back for a penalty and an automatic first down can be quite upsetting. Roll on next Sunday.
About Me
- Cassini
- I have had a life-long interest in sports and after studying Pure Mathematics with Statistics at secondary school, have been fascinated by odds and probability. The first system I came up with was a simple one - back the favourite and double up after a loss until a winner. Simple enough in theory, and I told my Dad about it. Not being a betting man himself, he ran it by some of his colleagues, and came home to tell me that it wouldn’t work because a long losing run would mean that the bank would be empty. Then there was always the possibility that the winner would be returned at odds-on, meaning that the total returns would not match the outlay. Not what a ten year old wants to hear! Only slightly daunted, I then went on a search for the Holy Grail, the secret to riches that I knew was out there somewhere. Finally in 2004 I stumbled across an article about Betting Exchanges and four years later I was able to make a steady profit.
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