The very first Betfair trading strategy I deployed was actually using bookmakers. I would get a good price from them and lay off on the Betfair exchange.
Technically I was doing arbitrage or ‘arbing’ as people often call it. I used this base to go from ‘risk-free ‘ betting to opting to take some risk with trading.
In this video, I describe that journey and how matched betting is very different from trading. But essentially I started from there before figuring out that actually, I should trade the markets to achieve better scale.
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