Although still falling well short of a logical explanation of how novice tennis traders can overcome the presence of court-siders, Peter Webb does at least finally acknowledge their existence in his latest attempt at luring the less sophisticated into the dangerous waters of in-play trading.
People don’t want to be picked off by people with faster feeds. So the money vanishes as the ball is about to be played. Fire up a market and watch yourself. Nobody plays ball when the ball is being played, which is quite sensible.
Therefore most Tennis traders will trade game to game, break to break or between key points.Unfortunately what this advice fails to point out is that court-siders will be aware of when a point, game or set is over well ahead of anyone trading from their home.
Does Peter think that the several seconds advantage, bought at considerable expense, is not going to be utilised? That the playing field suddenly becomes level for all?
To be clear, you will know that a point has ended by looking at the Betfair markets, not when you see it on your TV. The post-point prices available to you are those offered by traders who are ahead of you, and the value is to them, not to you.
As soon as the point is over, they put bids and asks into the market either side of the new "true" price.
Unless you (illogically) think that your skills can somehow be sharper than those of traders who are involved in tennis markets all the time, then if you are trading tennis in-play, whether between points or between games, you are consistently betting with a negative long-term expectancy.
Anyone who implies otherwise is being disingenuous.