The market depth following Betfair’s slow suspension of the Nishikori - Ferrer match.
Another failed suspension on a big match by Betfair. Tonight’s match was 1.33 on match point for Nishikori.. as Betfair suspend, there is over £100k asking for 1.01.
The people laying 1.09 and below were all definitely matched before Betfair were able to suspend on time (the price had hit 1.1 earlier in the match, leaving it impossible to know how much people were able to match between 1.1 and 1.21). The people laying these bets all lost money without a chance of ever winning - unless the people betting were guessing, but how often do you see them get it wrong? Risk free profit is being extracted from the Betfair userbase.
Betfair fail to suspend the Ivanovic v Coin match as Coin wins the match. Some people are able to match money without due risk down to 1.01 (Coin was 1.22 prior to them playing the match point).
…says Brett Steenbarger. On various levels for different people, he’s right.
…a great link I found which has the entire book on the web. Anyone looking to trade would do well to read this book first, sure it’s many decades old and it’s about stock market trading, but everything written here applies just as well to betting exchange markets in the 21st century. Human nature never changes.. enjoy!
Betfair fail to suspend the Safin v Starace match on time.
…not exactly a match to write home about. Fairly typical of the sort of dross I get to watch in the 35 weeks a year that there isn’t anything good on. I might be able to win a few points off these chaps, and that’s saying something.
Perhaps slightly more amusing is the location for this tour event.. ‘Bastad’, Sweden.
*update: Rehnquist just double faulted to be broken whilst serving for the match, thus prolonging the anguish of all viewers.
..someone just searched for this on google and remarkably, arrived at Punt.com. Not sure how exactly, and not sure why someone would search for such a thing.. does it exist? Either way, welcome visitor!
My Betfair forum woes. Even they don’t know why I’m getting this message.
…a great article from the ATP website, every match they’ve played so far. It currently stands at 12-6 to Rafa. Let’s hope there’s many more to come.
…A great blog entry showing analysis of their results over the past month or two, complete with charts. More importantly, they reach the conclusion that it’s better to monitor the big picture in order to maintain discipline on a trade by trade level. Check it.
…Graeme follows punt.com and delves into the statistics of his trading, it’s an enlightening article, especially for those of you just starting out in sports trading. Points worthy of note, he’s loses in only 1 of 6 markets, averages £30 an hour and has a very smooth chart - of which I’m quite envious :) Make sure you check out the rest of his blog too.
