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

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  • เผยแพร่เมื่อ 16 ก.ย. 2024
  • 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

ความคิดเห็น • 66

  • @gutuami
    @gutuami 5 ปีที่แล้ว +30

    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
      @betangeltv  5 ปีที่แล้ว

      Thank you for your kind comments.

    • @jonathankadish524
      @jonathankadish524 5 ปีที่แล้ว

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

  • @eightbo
    @eightbo 5 ปีที่แล้ว +2

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

    • @betangeltv
      @betangeltv  4 ปีที่แล้ว

      @crazy fast - It actually works the other way around. I get paid f**k all by Betfair, I pay them.
      Watch this video - th-cam.com/video/rdZMDt-DEHA/w-d-xo.html

  • @mikebasketball11
    @mikebasketball11 5 ปีที่แล้ว +1

    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
      @betangeltv  5 ปีที่แล้ว

      Best of wishes to you to!

  • @frankiemoore3607
    @frankiemoore3607 ปีที่แล้ว

    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
    @normaredon 5 ปีที่แล้ว +1

    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
      @betangeltv  5 ปีที่แล้ว

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

  • @mrscalp5072
    @mrscalp5072 5 ปีที่แล้ว +5

    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?

  • @expatwealthasia8702
    @expatwealthasia8702 ปีที่แล้ว

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

    • @betangeltv
      @betangeltv  ปีที่แล้ว +1

      I appreciate that!

  • @BobbyDazzler490
    @BobbyDazzler490 5 ปีที่แล้ว +2

    Well done Peter I'm pleased I made it 👍

  • @timdempsey3331
    @timdempsey3331 5 ปีที่แล้ว +2

    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
      @betangeltv  5 ปีที่แล้ว +1

      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
      @stephen-fu2ls 4 ปีที่แล้ว +1

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

    • @nathanqaurters7845
      @nathanqaurters7845 4 ปีที่แล้ว

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

  • @nickob55
    @nickob55 4 ปีที่แล้ว +1

    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

  • @markpearson3802
    @markpearson3802 3 ปีที่แล้ว

    Inspirational. Glad to make your acquaintance.

  • @JeffersonCanedo
    @JeffersonCanedo 4 ปีที่แล้ว +1

    Thanks for all you share Peter

  • @millwallnigel9255
    @millwallnigel9255 5 ปีที่แล้ว +1

    Great video Peter, nice one.

  • @andyleitch6191
    @andyleitch6191 4 ปีที่แล้ว +1

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

    • @betangeltv
      @betangeltv  4 ปีที่แล้ว

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

  • @pawel6450
    @pawel6450 ปีที่แล้ว

    Thanks Peter!

  • @FinanceRambling
    @FinanceRambling 5 ปีที่แล้ว

    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
      @betangeltv  5 ปีที่แล้ว

      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
    @BobbyDazzler490 4 ปีที่แล้ว

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

  • @hernandotorres1234
    @hernandotorres1234 5 ปีที่แล้ว +1

    Fascinating insight

  • @LordBransty
    @LordBransty 5 ปีที่แล้ว

    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
      @betangeltv  5 ปีที่แล้ว

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

    • @LordBransty
      @LordBransty 5 ปีที่แล้ว

      @@betangeltv - Thank you so much Peter!

  • @TheMaggsy1
    @TheMaggsy1 2 หลายเดือนก่อน

    It was very slow in the early days

  • @AlpineSoftware
    @AlpineSoftware 5 ปีที่แล้ว +1

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

    • @betangeltv
      @betangeltv  4 ปีที่แล้ว

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

  • @PeterAdiSaputro
    @PeterAdiSaputro ปีที่แล้ว

    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
      @betangeltv  ปีที่แล้ว +1

      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.

  • @chitannakumar5405
    @chitannakumar5405 ปีที่แล้ว +1

    প্রথম ডিপোজিট বোনাস কিভাবে নেয়

  • @daniellee9888
    @daniellee9888 5 ปีที่แล้ว +1

    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
      @betangeltv  4 ปีที่แล้ว +1

      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.

  • @TheMaggsy1
    @TheMaggsy1 2 หลายเดือนก่อน

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

    • @betangeltv
      @betangeltv  2 หลายเดือนก่อน +1

      AI video in post production at the moment.

  • @metalguru5226
    @metalguru5226 5 ปีที่แล้ว +1

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

  • @flyingguru517
    @flyingguru517 5 ปีที่แล้ว +1

    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
      @betangeltv  5 ปีที่แล้ว +1

      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.

  • @stevedesjarlais4
    @stevedesjarlais4 ปีที่แล้ว

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

  • @johngotti8549
    @johngotti8549 2 ปีที่แล้ว

    Lav it

  • @grahambeyer6254
    @grahambeyer6254 5 ปีที่แล้ว

    What are BKELLYS and MKELLYS?

    • @betangeltv
      @betangeltv  4 ปีที่แล้ว

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

  • @AgustinMarchetti
    @AgustinMarchetti 5 ปีที่แล้ว

    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
    @car-advisor9569 5 ปีที่แล้ว

    it working India ?

    • @betangeltv
      @betangeltv  5 ปีที่แล้ว

      Not natively, Betfair was recently banned in India.

    • @bibobibi675
      @bibobibi675 3 ปีที่แล้ว

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

  • @flyingguru517
    @flyingguru517 5 ปีที่แล้ว

    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
      @betangeltv  4 ปีที่แล้ว

      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
      @flyingguru517 4 ปีที่แล้ว

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

    • @betangeltv
      @betangeltv  4 ปีที่แล้ว

      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.

  • @ascott2264
    @ascott2264 4 ปีที่แล้ว

    aww shit, whats he making now,,,? 1.1billion a minute...! ego trip, but thanks anyway, very interesting.

    • @betangeltv
      @betangeltv  4 ปีที่แล้ว +4

      This is just telling you how I started, that's all.

    • @georgebuller1914
      @georgebuller1914 3 ปีที่แล้ว

      Jealous? I AM! LOL