Mastering Betfair by Nordsted, Pete -- Read -- Imperial Library of Trantor

Index

Cover Copyright Preface

What this book covers Who this book is for How the book is structured Charts

Introduction A Brief History of Betfair Part One – Getting Started

1. Betting Basics

A simple trade Betfair pricing Probability Betting terminology How does a bookmaker make money? Betfair commission The benefits of in-play trading Trading price movement Greening up Using the more options tab to help create an ‘all green’ book

2. Hardware and Software Requirements

Connection Costs Live TV feed and in-play markets

Part Two – The Trading Process

3. The Learning Process

The Three Learning Phases Characteristics of the successful trader The trader’s journey

4. Having Attainable Goals

Winning can be bad Set realistic goals Case study

5. Your Trading Bank

The rules of capitalisation Trading in fear Starting small The serious trader Stake size

6. Paper and Minimum Stake Trading

Paper trading Test your system with the minimum stake Testing your emotions

7. Learning From Mistakes 8. Keeping a Trading Diary 9. Trading From a Plan

Trading Plans & Systems

10. Trading Systems 11. Learn How the Markets React 12. Back-testing 13. Make Sure Your Strategy Has Been Historically Profitable 14. Randomness and High Probability Trades

Randomness and sport

15. Mistakes and Warning Signs

Overtrading Gambling Addiction

Part Three – Money Management and Risk

16. Protecting Your Bank

Treat your money with the respect it deserves Winning starts with a solid defence

17. A Money Management Plan

How much should be risked on each trade How to calculate position size Always know your profit objective

Part Four – Trading Psychology

18. Learning to Accept Losses 19. Be a Contrarian

Examples of contrary thinking

20. Trading in Your Own Time Frame

Different time frames Experiment and find your niche

21. Balancing Trading and Living

1. Look after yourself 2. Know when to take a break 3. Withdraw money regularly

Part Five – Strategies

22. Introduction

Overreaction in the markets Find your ideal market

23. Football

Trading the erosion of time Underdog taking the lead Pre-match over/under 2.5 goals Trading the national team

24. Tennis

Trading the favourites during tournament progression Back-testing a strategy Tennis strategies

25. Twenty20 Cricket

1st innings trading opportunities 2nd innings trading opportunities The best time to lay Volatile market strategy Advance lay/back plans and stop loss General tips What to avoid in Twenty20 trading

26. Golf

Information gathering and live feeds Your second and third trade Some stats to bear in mind Low scoring tournaments Players’ reputations Hole-by-hole comparisons Final round trading

Part Six – The Rules for Mastering Betfair Conclusion Appendices

I. A Month Trading Tennis Madrid Open

1st Round 2nd Round Final

Warsaw Open

1st Round 2nd Round Quarter-finals Semi-final Final

II. Results of Analysis on Tennis Strategies

Introduction Back at 2.00 strategy Back at 1.50 strategy

III. Explanation of Charts Used in the Book

Chart headings & reference points

IV. Odds Comparison Chart V. Resources

Betting exchanges Betting blogs and forums Software Media Sport-specific websites Advice, strategies and systems

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