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What does Betting and Trading Bots can or cannot do for you?
Bots were always surrounded by an aura of mystery and fascination, sometimes regarded as magical tools capable of guaranteeing massive profits, true “money machines”!
The reality is very different though and the ultimate objective of this article is to finally put this question to rest, showing clearly what a bot can (and can’t) do for the bettor.
Are you (really) ready to be a professional trader?
Paulo Rebelo’s Chronicle for “Remate” magazine (issue No 3) 28 January 2012. Another Paulo Rebelo’s chronicle fills the center pages of the first Portuguese magazine targeted to Online Sports Betting.
“This chronicle addresses the difficulties that every professional traders cross. It was made based on a suggestion left the thread that I created in our forum to discuss this magazine’s articles.”
What is Trading?
Paulo Rebelo’s Chronicle for “Remate” magazine (issue No 1) 7 January 2012
Another Paulo Rebelo’s chronicle fills the center pages of the first Portuguese magazine targeted to Online Sports Betting.
Saving improves the gain - learn no bet on special teams
Paulo Rebelo’s 3rd Chronicle for Penthouse Portugal magazine (October 2011)
«Saving improves the gain» - here I'll give you some tips on some special teams to bet on: Real Madrid, Liverpool, Atlético Madrid, Sporting.
What is a Lay bet? (example)
The possibility to bet against something, or simply the Lay bets, is the key to allow us to trade sports bets. Without Lay bets, there will not be trading.
This type of bets are only available in bet exchanges such as Betfair (the largest one). Lay bets are not available in traditional bookmakers.
Understand the true value of money
Paulo Rebelo’s 2nd Chronicle for Penthouse Portugal magazine (September 2011)
«The happiest people are those who can evaluate the real value of the money.»
A few advices on how to make money from sports betting
Paulo Rebelo’s 1st Chronicle for Penthouse Portugal magazine (August 2011)
"Tips to win money in sports betting."
Punter vs Trading
There are two main ways to make money with sports betting: Doing simple bets (Punter) or doing trading.
Here you'll find two videos (engish subtitles) to learn how to place your first bet and how to do your first trade on betfair website, and also to learn the main differences between simples bets and trading.
The home factor in Soccer
Analysis of the Portuguese, Spanish, English and Italian national leagues from 2000 to 2005. Analysis on the final score obtained by all the Portuguese champions on those seasons.
On average, teams win 63% of points at home. That is, from the total points won, 63% are obtained at home which is almost double of the points obtained away (37%).
Paulo Rebelo Trading Diary
A week in the life of Paulo Rebelo: "For seven days I committed to writing a diary of my life and my bets."
"I explained all the games I've worked this week and revealed how much I earned in each."