Betfair Tennis Trading – Queen’s 10.06.09 – Tsonga – Haas
June 18, 2009 by arcmdn
Filed under Trading Examples
Hello folks, in this Betfair trading video I’ll show you when to use the ‘Manual Close’ button in BetAngel software instead of the ‘Current Close’.
You see – when the liquidity in the market is good and the money amounts are well distributed among the odds I usually use the ‘Current Close’ button for greening out. However, in the situations like I’m having right now it’s impossible to green out using the ‘Current Close’ button as there’s very little money available at the former match’s favourite Tsonga.
His odds were 1.7 before the match and when he lost the first set I backed him at 3.55 using a hundred euro stake. Both players are playing very evenly in the second set scoring the game points in turn and when Tsonga scores a few points taking Haas’s serves I decide to close the trade using the ‘Current Close’ button and go for 36 euro profit.
But the next moment the odds shoot up due to the lack of money in the market and even though Tsonga is still leading the game the gap between the back and the lay sides is huge. Not the best Betfair tennis market to trade in, right?
Well, just have a look how easily you can set the odds and place a bet next to the matching point and close the trade still making a decent profit.
I’m setting the odds to 2.78 and by hitting the ‘Manual Close’ button the stake becomes available for the backers to take. In a few moments time I’m greening out and making more than 27 euro profit!
Talk to you soon,
Best wishes,
Paddy
Betfair Tennis Trading – Bartoli – Parmentier 25.05
June 15, 2009 by arcmdn
Filed under Trading Examples
Here’s another video I shot for you, my fellow Betfair traders!
It’s the WTA tournament in Parris, and the match is being played between Bartoli and Parmentier. Bartoli is this match’s favourite and during the first set I just monitored the score occasionally without taking any action.
As it sometimes happens, the favourite player loses the first set and this is where one of my tennis trading strategies – Race Your Profits – kicks in!
It’s nothing too complicated – you just have to place a back bet on the player when the set is over. In this case I’m placing the bet at the odds of 2.28 using a hundred euro stake; and the bet gets easily matched.
Parmentier starts serving the first game of the second set but eventually he gets broken by Bartoli who’s gathered up and leads the game despite taking the serves. His price drops down to 1.74 and I could actually lay him right now making slightly more than 30 euro.
But I decide to follow the match into the next game as Bartoli seems to be quite confident and serving is much easier than taking the serves.
Both players are scoring an even number of points until the very end of the game when the favourite Bartoli gains the advantage and then finally wins the game point as well.
This enables me to close the trade with more than 35 euro profit – yet another proof of profitability of the Betfair tennis trading!




