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A few advices on how to make money from sports betting
Paulo Rebelo’s 1st Chronicle for Penthouse Portugal magazine (August 2011)
"Tips to win money in sports betting."
Punter vs Trading
There are two main ways to make money with sports betting: Doing simple bets (Punter) or doing trading.
Here you'll find two videos (engish subtitles) to learn how to place your first bet and how to do your first trade on betfair website, and also to learn the main differences between simples bets and trading.
The home factor in Soccer
Analysis of the Portuguese, Spanish, English and Italian national leagues from 2000 to 2005. Analysis on the final score obtained by all the Portuguese champions on those seasons.
On average, teams win 63% of points at home. That is, from the total points won, 63% are obtained at home which is almost double of the points obtained away (37%).
Paulo Rebelo Trading Diary
A week in the life of Paulo Rebelo: "For seven days I committed to writing a diary of my life and my bets."
"I explained all the games I've worked this week and revealed how much I earned in each."
Plain strategies with expected positive value
A plain strategy takes advantage of the imperfections of the market.We call this technique "plain" because the used tactic is always the same for every match.
There are plain strategies in bets, but are they worth?
Short competitions / Season begin
In the absense of an history, the interpretation that is done during the game is the most important.
Trading pre-live periods
Prelive trading can be divided in two steps:- Until one hour before the game starts the odds respect the correlations and we can predict its movement;
- In the hour that precedes the starting of the game there are an increase in liquidity and the movement of the odds are more determined by the market, its movement is also less predictable;
Horses Trading
Unlike football, the sole purpose of horse racing are the stakes. No one will travel 300 Km to watch their favourite horse in a Hippodrome.I studied in depth the market for horses. It is a very attractive market for pure trading because it has a lot of liquidity.
Professional Trader: advantages and disadvantages
A successful trader with 10 years of experience developed discipline, work method and emotional control (and a remarkable movement speed of the mouse !). These are the best values for a work ethic.
Trading Software
The main advantage of using software is the speed with which you can enter/modify/cancel orders, compared to the Betfair site.Additionally, software such as BetAngel has certain characteristics that are essential for some specific trading strategies.