Betting scams are flooding social media, preying on users with promises of impossible returns. If you recently scrolled past an advert claiming a guaranteed £1,470 win from a £70 bet, you are likely looking at a betting scam right now. In this article, we use real historical market data to dismantle these claims and show…
The concept of the p-value in trading is a term that is often banded around. However, what exactly is the p-value, and furthermore, how is it used in trading? In this article, we will look to answer these questions and, additionally, show a few examples using CGMBet. The theory behind the p-value To begin with,…
I’ve been trading since the summer of 2020. I had done several years of traditional betting, taking £10 to £400 using small stakes and controlled betting. This is where the fun is for me. Using big stakes and risking losing the lot does nothing for me. The buzz is in trying to beat the system….
Backtesting Explained: Why It’s the Key to Trading Success Backtesting is a key term in trading. It is one that is often mentioned but it means different things to different people. Some would class paper trading as backtesting whereas others will want to go back many seasons to gain confidence in how their strategy performs….
To back or to lay. It sounds simple doesn’t it. If you think something will happen you back it. If you don’t you lay it. In most cases it should be, but before you go and place your bets on the Betfair Exchange, try to answer this question. If you thought a game was going…