Posted by Jim Makos on January 21, 2012 ·
I put a new sports trading system to the test today. One of the picks led me to trade pregame the odds of Hoffenheim that hosted a Bundesliga match against Hannover. The Betfair graph shows the odds’ decline from 2.00 to 1.75 before the game kicked off. Due to the breakout that happened in the morning, I backed Hoffenheim to win with the intention to lay at shorter odds. Indeed, I exited the trade [...]
Posted by Jim Makos on January 18, 2012 ·
My sports trading system used to be very profitable when I began trading the odds of horse racing markets in 2004 and remained so for 2 years. That seems a long time back, but I thought of publishing metrics of the system’s performance, since I nowadays keep reading about drawdown, profit factor and ROI figures of systems in stock, futures and forex trading. In my opinion, that would make a nice [...]
Posted by Jim Makos on September 23, 2011 ·
Making money in sport trading may be just as easy as following smart money. About €50,000 moved the betting odds of Espanyol versus Getafe yesterday morning and taking advantage of this information led me to complete a profitable trade. I traded Espanyol’s odds before kickoff and although €650 of my account were tied up for 6 hours, a secure win of €28 no matter the game’s result was a nice [...]
Posted by Jim Makos on May 31, 2011 ·
Applying technical analysis to the Betfair graph of Rafael Nadal to win the French Open 2011 during last week helped enter a trade when the odds retraced back to the support level at 2.40. Although the Spanish tennis player continued winning his matches, his odds resumed the uptrend reaching out again for the highest value at 3.50. The resistance level found there is a very good reason to trade out [...]
Posted by Jim Makos on April 20, 2011 ·
While trading the Betfair UK horse racing markets using BetAngel Pro, I recorded my trading moves to show how to win against other sports traders and make money with a €1,000 bankroll. Obviously we can’t win in every horse race, but if we stay disciplined and follow proper money management risking 1-2% of our capital, we should be safe trying out any trading system, until it is proven profitable. [...]