Betfair Trading Community Podcast podkast

Backing The Away Team Was Profitable

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What do you do when a football trading strategy keeps losing?

In this podcast, I take a Lay The Away Team strategy, backtest it properly, and find out that the numbers just do not stack up.

But instead of stopping there...

I flipped the idea.

Rather than laying the away team, I tested backing the away team instead.

And that changed everything.

In this episode, we look at:

  •  How the original Lay Away Team strategy performed 
  •  Why the backtest showed it was not worth trading 
  •  What happened when I reversed the idea 
  •  The profit and ROI from backing the away team 
  •  Strike rate and average odds 
  •  Winning and losing runs 
  •  Which filters made the biggest difference 
  •  Whether the new version is worth forward testing 

This is exactly why backtesting matters.

Sometimes it saves you from trading a bad strategy.

And sometimes a losing idea points you towards a much better one.

If you want to test your own football trading strategies before risking real money, check out the Betfair Trading Community football backtesting software.

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Twitter: @BetfairTC
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