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Horse racing betting In-Play: get an advantage

With the assistance of a betting software it's clear to see how the race is progressing despite the fluctuating odds.

On the occasions the market is not so accurate, there's huge potential for those trading bets in-play.

Is it possible to become a professional in Sports Betting?

Many people enter the Sports Betting world to follow the steps of famous ºprofessionals like Paulo Rebelo, the most famous trader in the world, or Billy Walters, the most famous punter in the planet.

Everyone is allowed to dream, but is it really possible to do what they have done and become a professional in Sports Betting?

High and low odds

Chronicle by Paulo Rebelo published at the Penthouse Portugal Magazine of July 2012: "This is a myth in sport betting."

Leverage in Sports Betting

Leverage is a term used in finances related with CFD’s (Contracts for Difference) and loans.
When trading with CFD’s we are trading over the difference in the variation, which allows us to bet a lot more money than we actually have available in bank.

The advantages of investing in Sports Betting

Imagine you have 100 thousand to invest and find a fund that allows you a return of 14% a year.

If you have a bank of 100 thousand divided into 40 units, you would have 2500 per unit. Therefore, throughout a season, if you had placed 304 bets, you would have placed 760 thousand in bets, which means betting 7,6 times the value of your bank.

Now imagine you have the same 14% ROI over 760 thousand…

Sports betting Trading as an investment option

I'm not trying to hype Trading as being the best investment of them all, not even as better as regular stock exchange; each investor has its own profile, hence its own investment choices.

My intention is solely to inform you that it is possible to get small, but consistent, profits through bet Trading, using very low risk tactics to achieve that goal.

Stocks and Betting

Paulo Rebelo's chronicle for the magazine Remate ("O Jogo" newspaper supplement) - 28 April 2012

"At a betting exchange I don't have to identify the winning bet, I only have to predict the way that the bet will swing."

Base criteria needed for a betting bot to be functional

A betting bot is nothing more than a computer program that bets on Betfair in our stead.

In this article I will not be talking about the programming aspect of which I know little about. Instead I'll be talking about the most important aspects you should take into account when thinking about creating a statistics based bot, before you go spending your time programming.

Betting is fun

Paulo Rebelo's chronicle for Penthouse Portugal magazine, September 2012
"Everyone that gets into betting does so with the misconception that they will make a lot of money."

What is a betting bot, how do they work?

In short, a bot is a software that places your bets automatically at betfair, based on if{} conditions.

Making a bot is no more than programming the mathematical conditions that we already use mentally when we are performing a bet or trade.

 
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Month's top Tipsters
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