• The End of the beginning.
    Betfair Trading,  In-Running

    The End of the Beginning

    My September In-Running (IR) Trading Update OK so here we go again. After two winning months in a row I knew I had to work extra hard to maintain that. I figured that if I can get to three months of consecutive green that can’t be a fluke can it? Each month though no matter how well you did last month the clock re-sets to zero and it’s time to go again! At the bottom of this post are my thoughts for moving forward and a decision I’ve got to make about my blog. This Month’s Headline Figures Just one Red day, three days where I watched some races but…

  • Two Swallows Trading
    Betfair Trading,  In-Running

    Two Swallows

    My August update on my trading journey. I was going to entitle this post “That difficult second album” as after a successful month last month (Read July’s update here) I was feeling a bit under pressure at the start of the month to maintain my progress and improve still further this month. As the month got underway, I quickly forgot about that and just carried on as I was before. The great thing about doing % of bank is as you win (even small amounts) the bank and your sakes just steadily grow over time so you never need to worry about increasing stakes. It just takes care of itself.…

  • One Swallow July Trading Update
    Betfair Trading,  In-Running

    One Swallow

    July Update: My Betfair (BF) trading update for July 2020. This is the most positive update I’ve had yet. I feel sure I’ve taken a good step forward this month, but I know that one profitable month doesn’t make me a winning trader. I can’t be certain that losing months are behind me, but if I can maintain this method/mindset of trading then there is no reason why they wouldn’t be. June was a weird month in many ways (Read June Update Here) but July has been much better for trading In-Running (IR) I feel. July though has thrown up a lot more opportunities for easy trades. We are getting…

  • Run Like a Drain Trading Update June
    Betfair Trading,  In-Running

    Back to Trading School

    After messing around during May with the US racing I knew that June and the re-start of UK & Irish racing would be like the first day back at school. Not too sure how I should feel about my June Exchange Trading performance, but I am very disappointed with myself. In my update of last month’s trading (read May’s update here) the last paragraph said I was expecting a Green month and I finished by saying “One thing I can confidently predict is, I won’t be having 6 Red days that’s for sure.” Well, I had seven Red days and although it wasn’t by much I was in the Red…

  • Limbo Trading
    Betfair Trading,  In-Running

    Limbo Trading

    Here is my May 2020 Betfair trading update. Away from trading I’ve suddenly got incredibly busy with my online business so doing the US races early evenings has suited me well throughout May. Although I’ve enjoyed the US racing and had “fun” with it, it has felt like I’m in limbo just passing time, waiting for the UK & Irish racing to return. Bottom line for May A very disappointing 6 Red days and an overall Red month of £61.89 After a couple of bad reds, I dropped my liability dramatically on the 11th May, and that virtually locked in a red for the month. I wasn’t interested in chasing…

  • Norris McWhirter from the Guinness Book of Records
    Betfair Trading,  In-Running

    Record Breaker

    My April Trading Update The headline news is that April was a record-breaking trading month for me. Sounds great but I only won £94.98 so I’m not getting over excited. *For the youngsters reading this who have no idea who the guy in the image above is I’ll tell you at the bottom of the post. (You’ll have to read it all now) After 16 months of trading it’s only my 2nd ever green month so a win is a win as they say. I switched to In-Running (IR) about a year ago on 26th April 2019. I’ve used trial and error and switched and tweaked strategies over the last…

  • Trading Milestone
    Betfair Trading,  In-Running

    Trading Milestone

    I bought Tony Hargraves’s “In-Running Guide” on the 26th April 2019 and barring holiday’s, the odd day off for a poker tournament and days with no racing I’ve traded In-Running (IR) almost every day since. Prior to IR I tried pre-race scalping for about four months. Happy Birthday So I’ve completed a year now and so far I’ve had one green month. This month though barring late slip ups should be my second green month. That should be proof enough to show it’s not easy, regardless of what people might tell you. It requires some skill (race reading ability) which takes a lot of screen time to master, it requires…

  • Betfair Trading

    A Few Dollars More

    I’ve done a review, including some videos, of what it’s like to trade the US horse races via Betfair now that the UK & Irish meetings are all off. Under normal circumstances there is very low liquidity on most of the international races but since the UK and Irish racing totally stopped, it has really picked up. When I first looked at the US racing it wasn’t even getting £100,000 matched but the figures are building and building all the time. Tonight one of the four races I traded had £327,000 matched which is remarkable. Anyway to save me doing a lot of writing I’ve done three videos for you…

  • Effort in Trading Betfair
    Betfair Trading,  In-Running

    Efforts and Courage are not enough

    March Betfair Trading Update I started trading in Jan 2019 and as a long term “work from home” person I trade almost every day and in the intervening 15 months I’ve had just one green month in all that time. After getting some help from my new mentor and embracing his methods from 25th Feb I was confident that I’d be green in March. I didn’t quite manage it and that has been tough to take. Having had some time to reflect on it though I’ve realised that it wasn’t too bad a month in the grand scheme of things. If for no other reason than of all the losing…

  • Betfair Trading,  Gambling News,  In-Running

    Carry On Racing

    It takes more than Coronavirus to stop the Irish racing industry! Fantastic news that Irish Racing will continue, albeit with stricter guidelines in place, though that decision will be under daily review. No public allowed to watch, which we already knew about but the main new rules state the following. No horses allowed from overseas, which is sensible. Though due to the travel restrictions in place from most countries worldwide currently they’d have had a job getting there in any case. Zero owners allowed at the track at all. I think when behind closed doors was first discussed for the UK they were looking at just one owner. So syndicates…

  • Kamikaze Trading
    Betfair Trading,  In-Running

    Kamikaze Trading has to stop

    February 2020 Trading Update Here is my Betfair Exchange Trading update for Feb 2020. OK so I started the month as a man with a plan. I’d mentally set up my own stop loss system to cut out the big losing days. Apart from my own mental stop loss, my 3 strategy changes for this month were to be. Switch to “liability” rather than “staking” which I did from 3rd Feb onwards. I pledged not to lay anything at the business end of a race. No longer will I be laying anything with just a hint all is not well. I’m planning to wait a little longer till I can…

  • Betfair Trading,  In-Running

    Two Steps Back, My January Update

    January Trading Update January was a horror show for me results wise. Over the last few months lots of people have commented on my twitter account either in the replies or via DM that they like my honesty about my trading results. Well I’ve got to tell you there were points in the month of Jan when I was thinking to myself “I can’t post these results up”. It’s totally embarrassing that I’ve had such a dreadful month, my worst by a long way since I switched to In-Running from pre-race on 26th April 2019. At the start of the month if you’d told me I was going to end…

  • Betfair Trading,  In-Running

    Tough Decisions. My December Update

    Well this is tough, but I’ve made a decision on how I’m going to trade for the foreseeable future. For the benefit of people who read all my trading updates I don’t want to go into too much detail on my past trading history but in brief: Re-Cap: I work from home so I’m able to trade about 600+ races a month as I can fit work around my trading. I started trading Jan 2019 trying to scalp pre-race. I lost lots of money. I switched to In-Running from April 26th after buying Tony Hargreaves (TH) In-Running guide*. I immediately liked In-Running (IR) trading much better, but I still lost.…

  • Betfair Trading,  In-Running

    November Trading Update

    So, November was a HUGE learning curve for me, attempting to learn how to trade In-Running in a way which was totally alien to everything I’d learnt since the 26th April this year. I attended the Hunting for Profit (HFP) trading course on the 4th Nov (Blog post here if you want to read about it) I didn’t trade at all on the 1st, 2nd and 3rd Nov so the new month on my spreadsheet would just be HFP method stats. My plan was/is to fully embrace the HFP In-Running method for at least 300 – 400 races or a month whichever was longer and then see how it’s going.…

  • Betfair Trading

    Trading Update Oct 2019

    For anyone who doesn’t know, I started trading in January 2019 and have lost money every month since, some months a considerable amount. At the end of April, I switched to trading in-running instead of pre-race and liked it immediately. I could see the potential and was convinced I could do well at it. It isn’t easy and although I learnt the techniques involved quite quickly, turning the technique into a skill takes time and practise. You also need discipline in spades. Even though I still kept on losing when I switched to in-running, my losses have been reducing steadily month on month as I’ve ironed out mistakes and slightly…

  • Bet Angel Set Up
    Betfair Trading

    My In-Running Trading Set Up

    You’d be surprised how often I get asked on Twitter questions like “what stakes do you use” or what’s your set up like etc. So rather than replying to everyone individually I thought I’d just do a quick video. It will take longer than a reply but I’ll only have to do it once! 13th Feb 2020: Update OK so this post is now out of date so I will do a new post and video shortly. Bet Angel software you can access it here. Free 14 Day Trial. Summary So whichever software you use if you are starting out with In-Running trading on horse races my best advice is…

  • Betfair Trading

    Bet Angel Meet & Greet

    Not so long-ago Peter Webb (Bet Angel Founder) mentioned on Twitter (@BetAngel) that he was doing a “Meet & Greet” event on the 15th July 2019 at the Bet Angel offices for anyone interested. It was only open to a maximum of 6 people, so after quickly reading the details I booked a spot. I’m so glad I did as I found it a worthwhile day. For anyone thinking of attending a future meet and greet event let me say you will need to have realistic expectations of the event as it’s not a training/ coaching event. Which for the cost of a spot (£10 + Vat) is hardly likely?…

  • Betfair Trading

    Betfair Sort Yourself Out!

    We (exchange traders) should all be worried when Betfair is struggling to find it’s own arse using both hands. I’ve had 4 emails from Betfair in the last week or so that sums up their general incompetence but that is the least of my worries. Let’s deal with the relatively minor issue of the emails. Here is the first one. Hooray I’m a winner! LOL, I trade currently at £2 stakes as I’m still honing my in-running skills so the amount I bet is relativity small. When I last got a cash race bonus is was £2 or £3. So this didn’t excite me too much but hey free money…

  • Betfair Trading

    In Play Trading

    I’ve traded in-play on Betfair before but normally when my scalping attempts went wrong pre-race. When that happens it normally goes completely wrong in-play and that’s where every newbie Betfair trader does their spuds. Today I attempted to trade in-play as a deliberate strategy. I traded 42 horse races on Betfair today and lost £14.34 on the day. I’m actually very pleased as I was trying this new strategy (well new to me) for the first time. It actually worked very well and but for one very bad bit of luck which cost me £35.22 and a mistake of my own making that cost me £17.19 so I was very…

  • Betfair Trading

    Bet Angel Review | Soccer Mystic

    I’ve done a very quick off the cuff video showing a quick review of Soccer Mystic via Bet Angel. More detailed information can be found below the video along with a link for you to try Bet Angel “Free” for 28 days. How did Soccer Mystic help me? What I perhaps didn’t explain well or indeed even correctly in the unscripted video was exactly how the Bet Angel tool was able to help me make a profit. I don’t know much about football trading but a simple strategy that is so old it’s got whiskers on it, is to lay the draw and then wait for someone to score and…

  • Betfair Trading

    Ultragold for the National

    This isn’t a tip, I don’t do tips. (mainly because I don’t have a clue about horses) but a friend who does study the form likes Ultragold a lot. So for fun more than anything I’ve had a small bet on Ultragold for the Grand National. Backed it @130 for the win and @15.14 to place. When I originally backed it we had no idea if it would run but as it gets closer to the big day it’s still declared and is now trading @80 If it goes to post I expect it to be no more than @40 Anyway as I say this isn’t a tip and I…

  • Betfair Trading

    Betfair Trading, my Saturday afternoon

    OK so today I decided to film on and off throughout the day as a way of charting my progress with my Betfair Trading. Saturday is often a good day to trade on the exchange as there is more “Liquidity” in the market as the “Standard” punters (I hate calling them mug punters) are in the pub, phone in hand backing the ITV races etc. I’m very new to this and I’m still learning a lot as I go along. The video is started and paused briefly throughout the afternoon so you effectivley see my results over the entire afternoon in one 5 min video. It’s just to show each…