
E53 - Professional Betfair Trader
Business of Betting Podcast
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How to Survive as a Trader
Traders often get a pretty good price if they're going to take a small margin out of that race or that bet. Is it normal for them to be shut down and restricted pretty quickly as opposed to the semi-professional sports bet, let's say? You mean in terms of with a bookmaker? Yeah. To be honest, my personal view is I don't see any other way around it. If somebody's taking value, you're going to get close. In 2018 now, that's how the world works. Wisdom of the crowd is there and you can't really argue with it. Those days where bookmakers took big bets and played the pun are gone - whether they admit
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