My first year of Sports Betting and Betfair Trading for a living

Рет қаралды 29,670

Күн бұрын

Here is a review of my first year of Betfair trading, which didn't include Bet Angel. That came later.
Though to be completely honest, I started by arbing. This is similar to what you see when matched betting in modern markets.
It was an era on the Betfair betting exchange where sports trading was unknown, where gambling or trading sports for a living was deeply scorned (no change there then) and dropping out of a well-paid job to do it was just plain crazy. Even Bet Angel didn't exist at that point, that was still to come.
My motivation to become a professional Betfair trader wasn't because of desperation but a desire to do something that somebody hadn't done before and to do something special.
Here is my story.
#betfairtrading #betting #betfair

Пікірлер: 66

@gutuami 5 жыл бұрын

I honestly think that you're one the greatest if not the greatest bf trader ever. It just goes to show the benefits of passion and hard work. thanks for sharing. and have a green day everybody.

@betangeltv 5 жыл бұрын

Thank you for your kind comments.

@jonathankadish524 5 жыл бұрын

@@betangeltv Hi Peter, is there an option for the software to work on mac?

@eightbo 5 жыл бұрын

This video is like a Betfair time capsule! Just awesome. Great job logging/screenshotting everything!

@betangeltv 4 жыл бұрын

@crazy fast - It actually works the other way around. I get paid f**k all by Betfair, I pay them. Watch this video - kzfaq.info/get/bejne/qMqKgKelkqqpeHU.html

@mikebasketball11 5 жыл бұрын

Fantastic video, thanks Peter! Have been watching you for over a year as I got into matched betting. I'm now a day trader in Gold, Forex, and cryptocurrencies. Have always looked up to your centred & strong mind... all the best wishes! :)

@betangeltv 5 жыл бұрын

Best of wishes to you to!

@frankiemoore3607 Жыл бұрын

V inspiring stuff. I’m gonna give it a good go soon, I’ll shake your hand one day hopefully and say thanks for the push and giving me the tools to do it. Now of only I can get your discipline and highly analytical brain :) thanks Peter

@normaredon 5 жыл бұрын

Hi Peter Big Thank you for sharing these experiences with us. It means a lot for those who are truly interested and it give us a lot of confidence to became like you one day. Please don’t give up as you very appreciate it. Best Regards Antonio

@betangeltv 5 жыл бұрын

Thank you for your feedback, it's much appreciated. That's pretty much why I do the videos to help and encourage others.

@expatwealthasia8702 Жыл бұрын

Thank you for your great wisdom, Peter. You are a legend 👏🤘

@betangeltv Жыл бұрын

I appreciate that!

@BobbyDazzler490 5 жыл бұрын

Well done Peter I'm pleased I made it 👍

@nickob55 4 жыл бұрын

wow I remember the launch of betfair and coming up with lay the draw, the odds used to go crazy after a goal, much more sophisticated now.We used to travel to find tax free bookies...great days

@mrscalp5072 5 жыл бұрын

Really interesting video, great level of honesty. Would you say that with more people trading now, that your profit margins are smaller? Or do you think this has been mitigated by the extra markets and liquidity that have been added to Betfair since it opened?

@betangeltv 4 жыл бұрын

The latter.

@markpearson3802 3 жыл бұрын

Inspirational. Glad to make your acquaintance.

@timdempsey3331 5 жыл бұрын

Makes me laugh now when I was thinking back 2 years ago does this trading thing actually work .you were extremely brave Peter going into the unknown .Trading legend

@betangeltv 5 жыл бұрын

I think the thing that made me do it was realising that I'd missed so many opportunities in the past, by seeing them but doing nothing about it.

@stephen-fu2ls 4 жыл бұрын

That’s where I am now tim. Only started two weeks ago. Have you cracked it then?!

@nathanqaurters7845 3 жыл бұрын

@@stephen-fu2ls how are you doing with trading?

@JeffersonCanedo 4 жыл бұрын

Thanks for all you share Peter

@betangeltv 4 жыл бұрын

My pleasure!

@millwallnigel9255 5 жыл бұрын

Great video Peter, nice one.

@betangeltv 5 жыл бұрын

Thank you

@pawel6450 Жыл бұрын

Thanks Peter!

@PeterAdiSaputro Жыл бұрын

Before become a full time trader, what is your job and what is your educational background ? Is sports betting your main and only job after you quit your previous job ?

@betangeltv Жыл бұрын

I worked for a consumer technology company before doing Betfair full time. I would travel around Europe project managing for them. Completely different from what I do now, but I had been trading in my spare time on financial markets for a long time. I never went to University and started my working life at a software distributor. There is literally no job that would have paid me as much as doing this full time.

@andyleitch6191 4 жыл бұрын

I thought Andrew Flintoff was the one crushing the Aussies in 2005. Todd x 10!

@betangeltv 4 жыл бұрын

If you are prepared to put the work in anything is possible!

@FinanceRambling 5 жыл бұрын

Great video of your thoughts processes when u did the leap. In your equity curve at 19.50, wondering if you can you share what are the factors or experiences that made a significant gradient change between week 25 to 29. Maybe sequel to this video

@betangeltv 5 жыл бұрын

I didn't have week by week data for the left-hand side of the graph so it's just the average of the values the right-hand side is my progress by the week from that point onwards. The left-hand side is also full of newbie errors that everybody makes so it's slightly lower probably mainly for that reason.

@BobbyDazzler490 4 жыл бұрын

Interesting video I my take the plunge into buy the software 👍

@daniellee9888 5 жыл бұрын

I keep asking people about value. Is it essential to find value when scalping? People just throw the 'only way to win in the long run is to find value'. But is this true when scalping?

@betangeltv 4 жыл бұрын

No, you don't need to know anything about value when scalping or trading in general. When trading you are trading volatility in effect. You may have to anticpate what the market is doing, but knowing value is not that important.

@AlpineSoftware 5 жыл бұрын

I think the merger-acquisition game is still going on which is why we now have PaddyPower Betfair.

@betangeltv 4 жыл бұрын

A year later and it's all been merged all over again, you were right.

@hernandotorres1234 5 жыл бұрын

Fascinating insight

@betangeltv 4 жыл бұрын

Thank you.

@LordBransty 5 жыл бұрын

Hi Peter. Great, honest video. This is probably how I would like to earn my living. I'm not really interested in being rich. Just a pleasant living with no boss would suffice. How would I start? Are there courses?

@betangeltv 5 жыл бұрын

We have a dedicated site to learning visit www.betangelacademy.com

@LordBransty 5 жыл бұрын

@@betangeltv - Thank you so much Peter!

@chitannakumar5405 Жыл бұрын

প্রথম ডিপোজিট বোনাস কিভাবে নেয়

@TheMaggsy1 Ай бұрын

It was very slow in the early days

@stevedesjarlais4 Жыл бұрын

if you think your good enough to bet for living take the chance.

@TheMaggsy1 Ай бұрын

What is the next new wave Peter? Is it AI software?

@betangeltv Ай бұрын

AI video in post production at the moment.

@metalguru5226 5 жыл бұрын

Great video. How do you learn actual strategy? Any good courses out there? ...anyone?

@flyingguru517 5 жыл бұрын

hello peter, it was quite a nice video. by curiosity , can u put a monthly net PL in the next videos? i wonder what is posible , actually what woud be really nice , that no one every did , was showing how is trading in other exchanges, and NetPL in other exchange such as matchbook or betdaq, smarkets.. its an idea . hope you receive it well

@betangeltv 5 жыл бұрын

I'll often post up little bits on twitter. Since I started my first year was my lowest I achieved, so that should give you some idea of what can be done, even if you extrapolate just that.

@grahambeyer6254 5 жыл бұрын

What are BKELLYS and MKELLYS?

@betangeltv 4 жыл бұрын

I can't remember off the top of my head, I'd have to check that spreadsheet.

@AgustinMarchetti 5 жыл бұрын

Te felicito por tu contenido, esta muy bueno. Yo estoy haciendo videos explicando conceptos de la bolsa en 5 minutos. Te invito a chequear el ultimo y pasarte por mi canal! Saludos :D

@car-advisor9569 5 жыл бұрын

it working India ?

@betangeltv 5 жыл бұрын

Not natively, Betfair was recently banned in India.

@bibobibi675 3 жыл бұрын

@@betangeltv does your software work on Orbitx Exchange which is a clone of Betfair?

@johngotti8549 2 жыл бұрын

Lav it

@flyingguru517 5 жыл бұрын

Any chance u can post a net pl of your last 3 months or last month, days, gives the motivation,love to dream and dreaming is free

@betangeltv 4 жыл бұрын

I've always been reluctant to 'sell' the concept in terms of what I achieve as that's come after 20 years of practice. Something I do naturally can take a bit of time to learn and encouraging people to use larger stakes can be very risky if you have never traded before. So I've always been cautious on publishing results. However if I did you could probably pick any period and it would be in the tens of thousands spread across a few accounts. I run manual and automated stuff on seperate accounts. But as I said, I'm well practiced.

@flyingguru517 4 жыл бұрын

Well this year net pl would be what people is interested, not 20 years ago to see what is possible these days

@betangeltv 4 жыл бұрын

I'm actually getting better over time as I learn more and use features like automation to work harder in more markets. I'm unsual though, so bear that in mind. But I won on all 28 races at Cheltenham this year and I've had record Derby, Grand National results to name a few. I'm still miles better than when I started 20 years ago. My 'worst' year was still my first.