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In the past 15 years, the betting industry in the UK and Ireland has changed beyond recognition. While techlogy has made it easier than ever to place a bet, for most people making a profit from sports betting remains as tricky as ever. Yet there are a growing number of traders, some of which have previous sports betting experience, making handsome profits from exchanges like Betfair and Betdaq. In Sports Trading on Betfair, sports trader Wayne Bailey explains the dynamics of odds movement, how prices move and why - and more importantly, describes in detail the systems and strategies he uses on a daily basis to profit from the betting exchanges. With a background in both financial trading and sports betting, Bailey explains how we can merge those two disciplines to understand the market and find ways to finally beat the books. Bailey focuses largely on horseracing but the principles and strategies described within this book can be applied to most sports.
Wayne Bailey is a regular contributor to various newspapers and websites in the UK and Ireland, and he currently pens the Betting Ring column In Ireland's largest selling newspaper The Irish Independent.