105: Brendan Poots – How a Former Punter Pioneered a Premier Sports Betting Hedge Fund
Chat With Traders
How to Manage Risk and Control Volatility of Your Returns
We're very selective and we cherry-pick the trades that we make so a typical EPL weekend we might only have three or four trades out of 10 matches. We would really run an event to expiry without trading out so pretty much about 95 to 97 percent of all of our trades are hedged. A good example would be as I touched on earlier if you've got a football team and it's in a three-way contest and they started two dollars and they score and they go to a dollar 30 or a dollar 40 we would then take opposing positions in that match to lock in a profit straightaway.
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