Jim Makos Blog

In recent years the popularity of football trading on Betfair has soared massively. The sport of horse racing used to account for the majority of turnover on Betfair but this has now been surpassed by football which is not that surprising considering it is the world’s most popular sport. If you are interested in trading [...]

Back when I traded the odds of horse racing markets in Betfair, a mistake of mine instead of costing me money actually won EUR800! Unfortunately I don’t have the screenshot of that event, but I feel it was just yesterday that happened. I had been trading the odds of the next race’ favorite horse, when [...]

I often receive emails questioning why I have given up trading the horse racing markets at Betfair and whether a trader can make money nowadays trading fixed odds of the favorite horse. The fact that I cannot make it pay anymore doesn’t mean other traders are unsuccessful as well. It means my trading strategy, which [...]

Centaur Academy have a few spaces left on their Advanced Football Trading course and Advance Horse Racing course over the next few weeks, which you can try yourselves for £99 discounted of the normal price of £249, by mentioning my nickname (Jimmakos) when booking. Either course needs to be booked by contacting them personally by [...]

Technical analysis is popular in financial markets like the stock exchange. Since Betfair is a betting exchange and odds fluctuate like stock prices one could say that technical analysis may also be applied to the Betfair betting graphs. Betfair trading has quite a few differences compared to stock or forex trading though, but basic technical [...]

Nowadays there is huge interest for betting in horse racing due to the Royal Ascot taking place and a lot of money is risked on those betting markets. The volume traded in Betfair Ascot’s markets almost always exceeds the one million mark, differentiating their odds movement behavior a bit. Let’s take a look at a [...]

Having started trading the Betfair markets with a dial-up internet connection in 2004, I can guarantee that your internet speed matters a lot in your trading performance. Apart from having fast refresh times which means always knowing what is going on, your orders are executed much faster. Broadband speed is very important if you trade [...]

Applying technical analysis on Betfair graphs can make money by trading even long term football events. Champions League 2008/09 has reached the semi final stage and upon looking at the 4 teams’ betting graphs regarding the winner of the competition, we can draw basic trend lines along with support and resistance lines. Technical analysis will [...]

We already talked about support and resistance levels and trendlines when applying technical analysis in Betfair graphs. Pattern formations though are literally hundreds in technical analysis. Given the fact that Betfair graphs don’t provide the necessary detail like stock charts, a thorough study of formations and technical analysis isn’t needed apart from basic terms. Despite [...]

We talked about support and resistance levels in Betfair horse racing charts but how about candlesticks formations in the graphs? The candlesticks provide more detailed charts and a lot more information, but if you are not aware of them you shouldn’t worry. We can still make money trading in Betfair using trendlines, support and resistance [...]