One more day....

So this season is coming to an end... Tomorrow is the last day of play for the ATP-WTA-Challenger tour what I know of. Anyways I'm really looking forward to a nice couple of weeks of rest before next season starts. There is a International Premier League this winter in december that is new this year. I don't know much about it but i won't probably get involved.

Trading wise there isn't much to report. Last couple of months haven't really been that super. Not bad but I after the great spring and summer I probably got big expectations for the autumn and when reality doesn't match your expectations usually equals disappointsment. I shouldn't be disappointed cause this have been a great year for me. I haven't contacted bf for a PL statement for the year yet but I'm pretty curious to see the numbers.

Hmmm whatelse....I got an request from quantbubble.com of making an interview about the same topic that I made for bettingwebsites. I did respectfully decline though just that I feel that there isn't much for me to gain doing these interviews. The first one was a fun experience but I learned that there isn't much in it for me doing one so there is the reason for that.

So Im going to round this up now but Ill be back soon with a summary of the season of 2014 and some thoughts about it. Probably sooner than later. I don't really have a project this holiday to keep me occupied so Ill get super restless after just a couple of days rest. But ill try to stay away from trading to get really pumped for another long and grueling season of tennis

Stay sharp!

/Sammy

Night Watch

When I checked the schedule for this weeks tennis I was pleased that there is basically nothing until the afternoon. Which means I have loads of time to get stuff done around the house and small projects. Flipside is everyone around me works when I don't and I work when they don't. Luckily this isn't the case for along period. Turning the sleeping schedule is somewhat harder these days then it was when I was younger. I get much more tired now and usually need more rest to feel refreshed again. 

I got an request from David @ bettingwebsites.org to be in an interview for his Betcast podcast. You can find his other programs on itunes where he discusses different topics with well known traders from social medias and such.

I was a bit hesitant about being on the show at first cause I really don't have anything to gain except from the experience of being interviewed which is really fun and challenging (making a fool out of myself) due to english not being my native language. All the other guys that have been on the show all have some type of service that they run and get "free" publicity doing this. What David has suggested is to do an interview about the experience I've had of transitioning from poker to trading sports. We will se how it goes....

If there is anything you'd like me to discuss in the podcast let me know and I'll see what I can do about it.

Stay Sharp!

/Sammy

Q&A

Its been an eventful summer and July. Finally my girlfriend have moved into the house. The house is still a mess with a lot of boxes and furniture everywhere but we will soon be organized again.

I haven't been able to work a full schedule due to above reason but it looks to be a decent July anyways. We'll have to see what next week will bring before we leave July behind us...... Lets move on to what I was thinking to put in this post....

I get emails from time to time from new aspiring tennis traders. And it's usually the same type of questions. So I thought I just make a post here to make it easier on all of us. =)

1. How did I learn to trade tennis / where did I learn?

I learnt myself. First of all I read anything related to trading tennis or tennis in general, that I could find using google. And I started to watch ALOT of tennis and how the market (betfair) behaved during each of these matches. And asking the question "why the market is moving like it does when X or Y or Z happens". After a couple of thousand matches/markets of doing this you will notice stuff that is out of line. 

2. What strategies do I use?

The million dollar question, no?? Heres the answer..... *drumroll* ...........

I don't have any strategies. A lot of you guys might think "yeah right, you idiot". But its true. I don't have any. Its all about the market and when it gives me a value trade or bet. There is a difference between the two but maybe we can talk about that some other time. So I don't have a set strategy like always lay the server @ breakpoints in a women's match or any type of scenario of that nature. 

You always have to look at what kind of odds you get for each specific trade/bet you want to do. I mean if I told you that we flip a coin and If I win you give me 100£ , if You win I give you 50£. Surely you would think thats not a good bet. Its the same when trading/betting tennis or any type of gambling. If you think you have an edge go ahead and exploit it!

So the questions you might ask yourself (or you should really) is how do you know that its a good bet/trade? Then I refer to the answer to question #1.

3. How long does it take to make constant profit?

Really, really hard to say. I can't really know, it's probably very individual. For me I think it was pretty fast. But It mainly has to do with the fact that I had been playing poker for many years before. So the mental aspect and how to think in terms of variance and value. I already had those fundamentals. So I basically just had to learn the markets and everything about tennis.

Its very personal and how much time and effort you are willing to dedicate of course.

To make something clear as well there isn't anything like constant profit. There is always an element of risk trading/gambling. The higher your return (edge) is the less variance you will have and a more constant profit. You have to also take timeframe into consideration. Constant profit over a week or month, year?

4. Do you offer any type of coaching or training?

No, sorry...


I hope you had a good summer so far, until next time.

Stay Sharp!

/Sammy