Peter Webb’s Trade Of The Week
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An article from Peter Webb’s Betangel blog – great forward thinking and just shows how one market will have a dramatic effect on another.
Trade of the week – Posted by Peter Webb in Bet Angel on January 15th, 2010
One of my favourite types of trades appeared this week. The trade where you look at one market but actually trade another. These opportunities appear all the time but typically in knockout competitions and ante post markets where a result somewhere will definitely affect other prices in a same or similar market.
This week was a little more clear cut but unusual. ITV decided to cover the Liverpool vs Reading FA CUP match. It had all the signs of the perfect drama for the FA Cup. I was active on the match and when it was obvious that Liverpool were struggling and lacking confidence I immediately turned to look at Liverpool’s next match to see the price. It seemed others had already started discounting Liverpool’s poor form and the price was on the drift.
Normally that’s about it, the early market starts to adjust to the new information. But the next morning it was revealed that Torres would require surgery on his knee and a couple of other players picked up knocks during that match. So the drift continued. It’s quite rare to see such movements on football matches before the off as they are usually very stable. But, obviously, if circumstances start to change and the news coming out of the camp isn’t good news. The market has to react. One of the lowest risk but most rewarding trading opportunities of the week.
In 2021 TradeHost traded 7,937 Betfair UK, IE, US & AU horse racing and greyhound markets.
2022 saw TradeHost become even more profitable with 22,698 Betfair markets traded.
2023 less markets were traded – 17,459 – but a with a similar profit to 2022.
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All results for the 48,094 Betfair markets traded are here and the charts are here.
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