Welcome to the very first issue of The Scalper, the only UK newsletter about betting on horses that is not interested in horseracing or gambling...
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10 Common Mistakes Made by New Traders
1. Predicting and trading in different timescales 2. Not getting out instantly 3. Not doing scratch trades 4. Letting losing trades ride as bets 5. Reading form and watching racing 6. Wanting to enjoy the racing 7. Over thinking their trades 8. They don’t use BetTrader PRO! 9. Get distracted during races 10. Wanting a profit of a predetermined size
Tips on Using the Scratch Trade
The scratch trade is probably the single most important key to success in short term scalping of the UK horseracing markets on Betfair...
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Traders Pay Less Commission
Betfair’s commission structure greatly favours price scalpers who make small, consistent profits over those that gamble on the result of the race...
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7 Reasons Why Scalping is Better than In Play Trading
1. It is based on pure supply and demand 2. Pre-race trading is less volatile allowing for bigger stakes 3. It is consistent enough to make a living from 4. There is no five second delay on bet submissions 5. There is no need to watch delayed pictures on TV 6. Knowing nothing about horseracing is an advantage 7. Watching sports can be boring
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The price Chaser tool is a tool that you can either add on to another tool order or add on to an unmatched bet...
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Newlyweds!
Last month was definitely a landmark for me as I said farewell to my single days and married the girl of my dreams, Jennifer...
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Competition Winners for December!
The winner of this month’s competition for free minutes is Paul Sullivan. He wins Unlimited Minutes for a month starting from December 11th.
And because we’re such nice people here at RacingTraders we decided to give away 3 extra prizes of 1000 minutes each to John Clayton, Giorgios Siranastasis and Garrett Ryan.
Thanks to everyone for entering, the names were picked by my mouse pointer with my eyes closed because I couldn’t be arsed writing everyone’s name on a piece of paper and borrowing someone’s hat.