Mastering Betfair: How to make serious money trading betting exchanges

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While serving in Afghanistan in , Pete Nordsted was introduced to Betfair.

BEST Betfair Trading Strategy 2019 - Caan Berry

As Nordsted observes early on in Mastering Betfair , Betfair differs from traditional bookmakers, such as William Hill or Ladbrokes, in that it. Instead they are an exchange, where customers make and take prices themselves. Betfair then makes money by charging commission on trades.

As Nordsted suggests throughout the book though, there is much more to Mastering Betfair than simply having the ability to place both types of bets.

Mastering Betfair: How to make serious money trading betting exchanges

Anyone who has read practically any gambling book knows that while experts may suggest the aforementioned methods, they are much easier to discuss on paper than actually carry out. However, as Nordsted rightly observes, if you really want to get to grips with betting exchanges such as Betfair, you have to plan ahead. The overall effect is as follows: To be a success in the markets, you really must plan ahead. While the book is marketed as predominately strategy based, the theory sections of the title are bolstered by a rich and diverse discussion of topics such as how to manage trading and your lifestyle, as well as avoiding common pitfalls such as betting on your favourite football team.

Mastering Betfair: How to Make Serious Money Trading Betting Exchanges-Pete Nord

This user is offline. Date Joined: 12 Jan Book by Pete Norsted. Worst book ever. Show More. There was a thread on Gen Betting about it. Trailer for it on youtube was pathetic. It does seem strange to me though, that Pete Nordsted got a publishing deal, despite the fact he is a small time player.

My Journey to Making Money Trading Sports on the Betfair Exchange - Jamie Anderson

From an amazon review: What I like about this book is doesnt pretend to be something its not, the author doesnt claim to be a professional, just an ordinary guy who understands the trading process and he does! I would argue that someone who really understands the trading process, would be able to make serious money. From an amazon review:What I like about this book is doesnt pr.

6 Comments

I've read it. It's too brief.

If you can read the contents then you've read the book. In short, it's a scam of a book, completely worthless, filled with "useful" advice like "don't borrow money to bet. There's much more detailed info available for free at: betting. Sorry, but just having re-read certain chapters I can't believe what a dreadful book this is. Trust nobody who gives away winning advice.

The book is aimed at people "wanting to take their trading to the next level. If it werefor beginners it would be a decent buy, but it definitely won't help you make "serious money trading betting exchanges". That's a downright lie. The book is aimed at people "wanting to take their.


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The Betfairy 15 Nov I've read it. In my opinion there's nothing wrong with borrowing money to bet. You see some people that make a profit consistently and pay premium charges regularly, yet because they're making , etc. For me growing my bank is key to making more money. Borrowing to bet is extremely tricky though and you need to think very carefully about it.

The vast majority of people that borrow to gamble will create problems for themselves. You shouldn't even consider it unless you have been consistently profitable for a number of years.