Sports Trading Literature

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md_2012
Posts: 1
Joined: Sun Mar 03, 2013 10:47 pm

Hi there,

Having messed around on BetFair and BetAngel for a while now, I would like to learn more about sports betting markets. So far I have read Sports Arbitrage by Rajeev Shah and Mastering Betfair by Pete Nordsted. While I did learn from them, at times they seemed a bit simple. My interest lies in cross market hedging/arbitrage, market making and trading spreads.

Can anyone recommend any literature that will highlight trading techniques/risk management and relationships between different markets/products (perhaps similar to literature on financial markets)??
herbie
Posts: 342
Joined: Mon May 11, 2009 8:56 pm

sorry to give you a vague answer, but go through this forum... there is no book out there that can give you what this place can.

...use the search window to get near your question then follow the posts of those that have answered your question. This forum is very generous and no question is stupid... sometimes you might not get a response but that wont be a personal thing...

The best advice I got about sports trading was to think in percentages...everything adds up to around 100%, especially if your abring..and learn and use excel..it changed my life..
Once again, I have found no book that is near the info on this forum...good luck :D
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L.o.S
Posts: 166
Joined: Sun Apr 28, 2013 4:05 pm

Herbie is spot on, there is a wealth of information on this forum that is unrivalled.

If you want to go a bit further, go to Peter Webb's blog, go right back to 2008 and read every post up until the present. I've found gold in those archives!

Lastly I still take good information from a free ebook, available at http://www.laybackandgetrich.com. It's ran by a woman called Lucy and has a huge amount of information largely about betting, but also involving trading :)
dmbusa
Posts: 274
Joined: Wed Jan 09, 2013 8:33 am

L.o.S wrote:

Lastly I still take good information from a free ebook, available at http://www.laybackandgetrich.com. It's ran by a woman called Lucy and has a huge amount of information largely about betting, but also involving trading :)
I agree with L.o.S it is a very helpful ebook
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