Established in 2008, this blog is an independent, common sense, look at challenges and opportunities in sports and financial investing, with occasional diversions as my mood takes me. I am not a tipster, nor is this a Profit and Loss report either. They are boring.
Saturday, 26 November 2011
Centre Stage On Centre Court
If you are not familiar with the 'Green All Over' blog, then you cannot truly consider yourself part of the on-line sports trading community. Over the past few years, it has grown into probably the most well known, well respected and certainly well read trading blogs. That is due to the author, Cassini, who is one of the few regular posters around who actually has plenty to write about other than a P&L update. It's without doubt my favourite read, with a nice mix of current trading and sports commentary, trading selections, scathing attacks and wry humour. So I decided to ask Cassini a few questions over a pint and a packet of pork scratchings down the Red Lion........
So begins the latest post from the Sultan over at Centre Court Trading. High praise indeed. Check out the first part of my interview with him here.
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.
Makes me sick...
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