Tuesday, May 13, 2008

A YEAR ON...

Trade On Sports is now coming up to being a year old and here I would just like to highlight what has been achieved so far and what we will be endeavouring to do in the future.
On Trade On Cricket we have now decided to mainly concentrate on the test matches as we feel these games are far easier to follow and indeed profit by. Although good plans can be made for the Twenty20 matches we are finding that on many occasion the odds required to trade are simply not being hit and with the pace of the game In-Play advice is virtually impossible. This is not the case though with test match cricket and we anticipate this will be far more profitable. We have therefore decided to charge £5 a test match starting with the England v New Zealand test next week. This approach leads to far more flexibility than the monthly fee. Eventually I would like Trade On Cricket to become part of the Trade On Sports monthly service.
Some very good trends and strategies have come from the newsletters particularly in the tennis and over the next few months I intend to have a large study of the NBA markets.
Once this study is done and strategies formulated I would like to start a forum where certain matches are highlighted and are followed in the trading room. This allows people to gain confidence in the strategy and also allows for further learning. I also intend to do this with the recently formulated tennis strategies.
So in summary I am working towards a monthly membership that would include the Newsletter, Access to the Trade On Cricket forum, An educational forum to follow tennis and NBA matches that come within our parameters as well as trading tips on football and possibly horse racing. As with all the services it will remain competitively priced and well within the reach of the average working man.
I have now been trading on Betfair for nearly 4 years and have seriously studied the markets over the past year. Although there are many similarities with the financial markets I believe in certain situations these markets can and do offer far more substantial returns. By seeking low risk, low odds laying scenarios, your risk can be simply contained without the need for complex stop losses and the chance of profit far outweighing the downside. And as opposed to the financial markets you are looking at a subject that is relatively easy to understand and whose results are not affected by bad or good news or the whims and opinions of others.

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