The Sports Trader

Tuesday 7th August 2007

The Sports Trader had another very quiet day on the trading front as I had other things to do for much of the afternoon. I only traded on 1 horse race, 1 football match and 1 cricket match.

My horse race trade was in the 14:15 at Chepstow where I backed Down The Brick for £100 @ 1.30 to result in a profit of £30.

In the evening I managed to catch the last 20 minutes of the 2nd leg European Qualifying football match between FK Zeta and Rangers. The score was 0 - 1 by the time I got to the match and I just made a few backs of the under 2.5 goals @ 1.24 for £57, 1.17 for £23 and 1.05 for £8. I did put up lays to cover my liability but cancelled them when it became apparent that another two would not be scored. So I ended the match with a profit of £18.

Later in the evening I watched the Derbyshire v Leicestershire cricket match, and what a match it was. I had started by backing Leicestershire for £444 @ 1.90 when it looked like they were in control of the match. Soon after a few quick wickets and it looked like a disaster for me. I held on and eventually traded out with a very small profit after Leicestershire went on to win off the second last ball of their innings.

My day had finished with a profit of £48.

 

Russ catches up with RAY ATKINS (aka "The Sports Trader") who unlocks some of the secrets on profitable exchange betting on the Daq.

Monday 6th August 2007

It was a very short day of trading for the Sports Trader, due mainly to a problem with the Betdaq site in the afternoon, so I took the whole afternoon off to be with my children. I started to trade in the evening and traded on 2 horse races, 1 football match and 1 cricket match, with no losing results.

The first trade of my day was in the 19:45 at Carlisle where I laid Osteopathic Remedy for £64 @ 9.00 which started my day off with a £64 profit. My only other race trade resulted in a small profit.

After racing I got involved in the Edinburgh derby football match between Hearts and Hibs. I had missed all of the first half of the match and the score was 0 - 1 in the 60th minute when I backed the under 2.5 goals for £121 @ 1.53. I laid off £61 @ 1.36 and £165 @ 1.19 before backing the unders for a further £106 @ 1.24. This trading had be completed by the 75th minute. In the 82nd minute I greened up my position with a lay for £33 @ 1.06 to leave me with a profit of £33 no matter the result. 

Once the I had greened up my football trading position I turned my attention to the Sussex v Gloucestershire cricket match. I started off backing Sussex for £311 @ 1.78 before laying off at the same price after a feeling a little uncomfortable with the trade. Later I backed Sussex again for £373 @ 1.43 which I laid off @ 1.35. I made a few more small trades to leave me with a profit of £76 on the match.

So my very short day had still produced a profit of £176.

Sunday 5th August 2007

Well the party in Aberdeen was brilliant. We stayed over night at Graeme's house and after a very late breakfast I set off home but had to make a detour to another part of Aberdeen as Josephine, my second eldest daughter had rang me and asked me to take a look at her water tank as the overflow had been running all night long. We duly stopped by and fixed the problem and then set off at about mid-day to come home.

I traded on 8 horse races and 1 football match when I got home and had no losing trades on the day. I had missed the start of the day's racing but got started with the 15:15 at Newbury where I managed a small profit.

My next trade was in the 15:25 at Market Rasen where I backed Ruby Dante for £100 @1.10 to result in a profit of £10.

In the 15:45 at Cork I backed Dedo for £50 @ 1.80 for a profit of £40. Next was the 16:10 at Chester where I backed Green Manalishi for £42 @ 1.98 to result in a profit of £41. My next 2 trades both ended with small profits.

In the 17:05 at Market Rasen laid Wee William for £11 @ 25.00 for a profit of £11. My final race trade of the day in the 17:15 at Cork resulted in a small profit.

My race trading had finished with a profit of £120.

After racing I traded the Feyenoord v Liverpool football match. I had missed most of the first half of the match and started backing the under 2.5 goals market, with the score at 1 - 0, for £325 @ 1.67. I then started to lay off my liability with backs for £128 @ 1.59, £96 @ 1.56 and £100 @ 1.52. I then backed the unders for £162 @ 1.50 and laid this off with backs for £62 @ 1.42, £50 @ 1.32 and £50 @ 1.30. I had just backed the unders again for £238 @ 1.37 when the second goal came. I backed the unders for a further £173 @ 1.66 and laid this off @ 1.60. Finally I greened up my position with a back for £50 @ 1.47 to leave me with a profit of £51. With seconds left on the clock I also backed the draw for £50 @ 1.10 to give myself another £5 profit.

My day had therefore finished with a profit of £176.

That is another week over and I managed to turn a profit of £964.

Saturday 4th August 2007

Well today could go down as a day off as I had a party to attend at my best friend's house in Aberdeen. It was Graeme's wife's 40th Birthday. I first met Graeme in 1977 when I moved from Hertfordshire to Aberdeen. He was a student at Clinterty Agricultural College and I worked on the College farm. When Graeme had finished his course he became Head Pig man on the College farm. We had many a drinking session in and around Aberdeen for the 7 years I spent in that area of Scotland and it has to go down as the best few years of my life. We have always kept in touch and probably get to meet up five or six times a year. It was great to meet up with many friends from that era. I took my 6 year old to the party as Graeme has a son, Fraser, who has always been good friends with Zoe.

I did have a trade on 3 races and 1 football match before we set off on our 3 hour journey. Two of my race trades ended up with small profits and the third was in the 14:45 at Goodwood where I laid Eddie Jock for £16 @ 9.20 to result in a profit of £16.

My football trade was on the first match of the Scottish Premiership season between Inverness Caledonian Thistle and Rangers. I only had a few quick trades towards the end of the match and started with a back of the under 2.5 goals for £195 @ 1.83 which I laid off @ 1.65. Later I backed the unders for £370 @ 1.35 and had laid off £250 @ 1.28 and £112 @ 1.20 when in the final minute of the game Rangers went and scored a third goal which left me with a loss of £9. I should have greened up for a profit of around £35, and I had plenty of opportunity to but I thought Rangers would just play out the last few minutes by keeping possession. As it happens a very poor piece of defending gifted Rangers their third goal.

That was the end of my day's trading and I ended up with a profit of £12.   

Friday 3rd August 2007

It was an unusual day for the Sports Trader as I had a visit from my daughter Josephine and also I had a prospective sports trader come and watch my day's trading. I only traded on 7 races and had 1 loss.

I started with a small profitable trade in the 14:15 at Goodwood. My second race trade of the day was in the 14:30 at Bangor and it proved to be a very good trade. I kept a close eye on the short priced favourite, Beverly Hill Billy. He had been held up in mid division for much of the race and with three hurdles to go he came under pressure to close up on the leaders but soon started to weaken. At this point there were some very big backs put up on him at 3.00. I hesitated for a while as I didn't want to make a fool of myself when trying to show someone how to trade, but eventually I submitted my lay for £1350 @ 3.00. By the time my trade entered the exchange some of the this trade had already been taken, but I did get matched for £752. I then started to trade out of my liability with backs for £60 @ 4.00, £80 @ 4.30, £50 @ 5.00, £25 @ 7.10, £33 @ 8.00 and £1 @ 20.00, at which time I decided that the rest of my liability was safe so I ended up with a profit of £505.

As I was trying to show someone else how to trade I think I traded ultra cautious for the rest of the afternoon. I normally find that I trade a little more aggressively after good results but I wanted to demonstrate to a new trader how to be disciplined and therefore my next 4 trades all resulted in small profits. By now my trainee sports trader had left and I spent a while with Josephine and Jennifer after they came back from a shopping trip.

I had one more race trade in the 20:35 at Newmarket. This was my only losing trade on the day as I backed Parisian Dream for £130 @ 2.00 and was beaten by a short head in a photo finish to cost me £130.

My day had finished with a profit of £384.

Thursday 2nd August 2007

It was a much better day for the Sports Trader today. I traded in 10 horse races and 1 football match with no losing trades.

I started my day with 2 small winning trades. Then in the 15:15 at Nottingham I laid Red flare for £15 @ 12.00 to result in a profit of £15. Next came a further 4 small winning trades.

In the 18:10 at Musselburgh I laid Kyber for £21 @ 6.00 approaching the final furlong to give me a profit of 321. My next trade left me a small profit.

The best race trade of my day was my last trade in the 20:35 at Sandown where I laid Duty Free for £283 @ 2.35 and then backed back £203 @ 2.50. Next I backed Duty Free for £50 @ 2.24 and £15 @ 2.22. In the final furlong I backed a further £240 @ 1.05 which left me with a profit of £85.

My race trading had finished with a profit of £147.

Later in the evening I watched the second half of the Ajax v Atletico Madrid football match. After the second goal had been scored in the 60th minute I backed the under 2.5 goals for £40 @ 2.72 and laid all off at 2.40. Later I backed the unders again for £30 @ 1.55 which I laid off @ 1.44. With 15 minutes of the match to go I greened up with a back for £12 @ 1.26 to leave me with a profit of £13.

My day had finished with a profit of £160.

There are another two new blogs that have recently started and well worth a read. The first is Life and Sports Punting written by Freddie who is a self confessed punter and who is going to try to make £25k by December 2008, good luck. The second is Talkbet and is written by Jon. He has been a user of betting exchanges for a few years on a part-time basis. Jon writes his own applications to use with in-play football markets.

Russ catches up with RAY ATKINS (aka "The Sports Trader") who unlocks some of the secrets on profitable exchange betting on the Daq.

Wednesday 1st August 2007

The Sports Trader had a difficult day with just 11 races traded but with 4 losses which led to me having a losing day.

My first trade was in the 13:35 @ Redcar where I laid Legendary Guest for £10 @ 2.39 which resulted in my first loss of the day costing me £14.

In the 13:50 at Galway I backed Dreamy Gent for £50 @ 2.70 and then followed this with a further back of £352 @ 2.00. I then laid off £402 @ 1.62 to leave me with a profit of £186. Next came 3 small winning trades.

The second loss of my day came in the 16:50 at Perth where I backed River Tigris for £24 @ 3.50 to lose me £24.

The worst result of my day came in the 17:00 at Galway. I started with a lay of The Ethiopian for £51 @ 4.50 and then another lay on the same horse for £107 @ 6.00. I put up a back for £65 @ 12.00, which would have covered my total liability. I had £35 matched and then decided to cancel the rest of my trade, which was a big mistake as soon after The Ethiopian started to pick up and went on to win, this cost me £324.

In the 17:20 at Perth I laid Lutea for £102 @ 2.20 before backing back £25 @ 2.89 and £25 @ 3.05 which left me with a profit of £52.

My next trade was in the 20:05 at Leicester where I backed Close To Paradise for £27 @ 1.50 to result in a profit of £13.

The final loss of my day came in the 20:35 also at Leicester where I backed Bel Cantor for £32 @ 2.06 which cost me £32. My last trade of the day resulted in a small profit.

My day had finished with a loss of £131.

Something A Little Different

The Betdaq Exchange Views Blog is always interesting, but today there are two Daqcast features. The first with Dave Nevison, direct from the ring at Glorious Goodwood, and the second is where I give an insight into the way I trade the under 2.5 goals market.

DaqCast

• 
  It's the third day of the Glorious Goodwood Festival and Russ Wiseman has caught up with professional punter and trader DAVE NEVISON who has some strong messages for racing on Thursday. To listen to our FREE EXCLUSIVE DAQCAST - simply press PLAY below. Please note you may need to press play twice.
  
  

  Plus - a bonus DAQCAST - Russ catches up with RAY ATKINS (aka "The Sports Trader") who unlocks some of the secrets on profitable exchange betting on the Daq.
  
  

DaqCast

• 
  It's the third day of the Glorious Goodwood Festival and Russ Wiseman has caught up with professional punter and trader DAVE NEVISON who has some strong messages for racing on Thursday. To listen to our FREE EXCLUSIVE DAQCAST - simply press PLAY below. Please note you may need to press play twice.
  
  

  Plus - a bonus DAQCAST - Russ catches up with RAY ATKINS (aka "The Sports Trader") who unlocks some of the secrets on profitable exchange betting on the Daq.
  
  

Tuesday 31st July 2007

Another solid day for the Sports Trader. I traded on 9 horse races, 1 cricket match and 1 football match and had just 1 losing trade.

The cricket match trading was as detailed in yesterday's blog entry and I finished the test match between England and India with a profit of £118.

My horse racing got under way with 3 small winning trades. My fourth trade was my only losing trade. This was in the 17:10 at Galway where I backed Desert Abbey for £111 @ 1.81 when I thought the horse would go on and win but she hit the last hurdle and was headed soon after to cost me £111.

My next race trade resulted in a small profit. In the 19:30 at Perth I laid Commercial Express for £32 @ 15.00 to result in a profit of £32. Next came another small winning trade.

In the 20.30, also at Perth, I laid Lerida for £80 @ 17.50 when well back in the field and approaching the final furlong to give me a profit of £80. My last race trade resulted in another small gain.

My race trading had finished with a profit of £13.

I had my first trade in a football match for this new season tonight. I hadn't realised just how much I had missed trading the under 2.5 goals market in the summer break. The match I traded on involved my favourite team, Glasgow Rangers taking on FK Zeta in the Champions League qualifying round. Rangers had the same starting line-up as had beaten Chelsea 2 - 0 on Saturday.  Rangers Captain, Barry Ferguson, set a new club record of 65 European appearances tonight. By the time the evening racing had finished I had missed the first half and the score was still 0 - 0.

The price offered on the under 2.5 goals was very low so I decided to just watch the match. In the 54th minute Rangers scored the first goal and as soon as the market was reformed I backed the under 2.5 goals for £500 @ 1.66 and £6 @ 1.70. I started laying off @ 1.59 for £100. A little later I backed the unders for another £94 @ 1.55 and £250 @ 1.45. I then laid off £250 @ 1.41 and £115 @ 1.33. I now had a liability of £385 on the overs and a potential profit of £320. I had put up a lay @ 1.30 for my full liability, which, if it had been taken would have left me with a potential profit of £200,( not bad for 18 minutes work),  but along came the second goal in the 72nd minute. I decided against taking on more liability after the second goal, I think this was more to do with the fact that this was my first unders trading of the new season and that today is the last day of July so I didn't want to risk denting the month's profits too much.  I sat on my liability and waited for the price to drift down to 1.63 and then I laid off with £84. From here I laid in £50 chunks at 1.59, 1.50, 1.45, 1.44, 1.38 and 1.44. I finished the game with a profit of £120.   

My day had ended with a profit of £251.

This meant that my final result for July was a profit of £2264, which considering I have been without my Au-pair for much of the month and I had the best part of a week away, is not too bad.

There is another new blog recently started up by Andrew, which he calls SpudysBlog. Andrew, or Spudy, as most people know him, plays a lot of poker and is pretty successful at it but has now decided to diversify into horse racing and intends to make consistent profits from his £300 starting bank. I hope it works out well Spudy, Good Luck.