January
January is never an amazing month on the racing calendar. The poor quality meetings and abandoned race cards can be very frustrating. Many races offer little opportunity and Ive found that being patient and trading defensively is the way to go. Ive managed to beat the previous years January totals and with some extra profits from the Australian open its been a decent start to 2011.
The introduction of the cross matching to racing has also had an effect on the mechanics of the Win market and I imagine certain players are noticing changes for the better/worse. It certainly wont affect everyone but it will be interesting to see how things pan out over the next few months
Other sports
In the past when I'd ventured into other sports I always struggled to adapt. Using the wrong stakes and a clear lack of knowledge on how these markets worked led to some harsh lessons in football which put me off for a while. However, since last year Ive learned how to approach new sports with a completely fresh mindset and money management plan. The tools on Bet-angel: Soccer-Mystic and Tennis-Trader have really helped me to understand the market mechanics and now around 10% of my trading income comes from trading other sports. Understanding how other markets work can also be beneficial when referring back to your primary market. I know a lot more now about the book % and how markets are balanced.
Betfair site maintenance
Betfair returned around midday today but was not functioning at all well. Its best to take the day off in this situation as the market could fail at anytime leaving you exposed. Hopefully it will be sorted in the next few days.
