Is your Betfair trading profitable? Or are you being fooled by randomness?

Betfair trading profitably over the long term is all about having a positive expectancy, not about winning.
That may sound slightly odd, but getting a strategy that has a high winning strike rate is relatively easy. Getting profitable is a completely different thing.
When you actively trade a Betfair market you can start winning almost immediately. But this could mask the fact that you have no skill and are just producing random trading results.
In this video, we examine how you would work out if you are trading profitably or where it's just luck, or what is expected of the market.
#betfairtrading #profitable #winning