They also understand the dynamics of the market. They understand how fluctuations in the price of one company or commodity affects the price of another company or commodity. What are the Equivalents in Sports Trading? So, the only evidence that technical analysis works is that, some people say that they make money using this method. While some of these people are associated with this type of software, some are not. However, you are still taking a random person’s word that this works. I’ve met losing gamblers, who claim that they are winning gamblers. Is Empirical Evidence Always Necessary?

As technical analysis concepts have been imported from financial trading into sports trading, we should first look at whether or not they work in the financial markets.There are several advantages of dutching rather than laying. The main 2 are the following. You can select the best odds from all bookmakers and exchanges. Once you find the solution, you won't buy anymore stuff from the gurus" - is he referring to your mugs, Peter?

On the forums, they think they get gubbed because the bookmakers know they found a close match on the odds. They think that because that’s all they know about horse racing. You have to understand the difference between an internet marketer and a teacher. A teacher has passion for his subject and hates to see it corrupted. A teacher wants to teach his or her subject and has no bias as to whether something is true or not. An internet marketer wants to sell something and the education that this person provides may be biased. Their so-called education is often designed to groom people’s belief systems towards buying their product. I would say no. You can use logic. The problem with technical analysis, is that there is no logic behind it. It is based on someone saying that certain patterns repeat over time. While that is possible, it should be easy to prove such an assertion. What other Methods are there? I’m not saying that technical analysis does or doesn’t work in the financial markets. I’m saying that the jury seems to be out on this. If he looked below the surface he'd find proof everywhere, it's in the results of (sports) traders, but he apparently can't even get over the first hurdle and identify the top performers in this field. How many top performers care about stats and think that's the only way forward? From what I've seen, in general traders either look for volatility or value, and maybe speed advantage.But the only thing you need to look for is the “1” next to it’s name. That is the first variable. The second variable is that the horse must be in the favourite range. This gives us an adjusted TS rating of 29, which the speed rating shown on the race card (Figure 3) Although you get more money by using free bets on outsiders, you have to sacrifice a bit of money to avoid looking suspicious.

In addition to adjusting the TS for weight, the Racing Post’s TS handicapper may tweak the adjusted TS rating for the current race’s conditions (eg the going) and the horse’s potential for improvement. If you can find good odds at a bookmaker, you can avoid paying commission on at least part of your bet. Releasing Free Bets There is a lot of money for some people in pushing this idea. People have software and courses that they want to sell. Figure 5 shows that these race variables are conveniently organised on the Inform Racing race cards. In this post, I will discuss whether these concepts can be considered useful to the sports trader. In fact, I will explain why these concepts may be leading would-be traders down a rabbit hole. The Financial Markets

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He says technical analysis = price movements and volumes = useless. Disagree, in my limited experience the traded volume and money coming into the market is perhaps the most solid indicator of all? Most matched bettors bet on something and lay the bet off at a betting exchange. They lose a bit between the 2 bets. However, they release a free bet. They use the same bet and lay strategy to secure money from the free bet. I teach you how I read hands and how you can improve your skills at finding the best betting lines. These 2 skills will help you maximise your profits I focus on exploitative poker. This is the way poker has been played ever since the game was invented. Reference Hands