• 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…

  • 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,  In-Running

    Hunting for Profit

    On the 4th November I attended the latest “Hunting for Profit” (HFP) In-Running trading course run by Matt Gibson. The course was from 9.30 am till about 5.00 pm and I didn’t fancy driving all the way to Doncaster very early in the morning, so I went up the evening before and stayed one night in a hotel nearby. A large percentage of the other attendees did the same and we all met Matt in the hotel bar for a drink and a chat which was nice. Everyone on the course that I spoke to was nice and friendly. I think we were all pretty much in the same boat…