Mark Iverson - Professional Sports Trader

Seeing Double

Published on 2012-01-27 05:38:00

.Tonight sees the final of Celebrity Big Brother, with Frankie Cocozza of X Factor fame currently heading the market as a 2.24 favourite.  In fairness, he seems to have shown a softer side in recent episodes by sticking up for Denise Welch but my interest here centres around Karissa and Kristina the Playboy Mansion twins..Whooa..slow down!  Of course they're nice to look at, but I'm referring more to their chances of winning.  Since Channel 5 took over production of

Time Please

Published on 2012-01-24 11:13:00

.Last week was a little more stressful than I'd have liked as Nic was admitted to hospital with a Kidney infection.  Three days later and after plenty of chasing around looking after the kids, I was given the nod that she was well enough to come home.  She's completely on the mend now but this did get me thinking about 'time' and how we go about spending it..Have you ever thought about how long you spend doing things that you don't want to be doing?  Or alternatively, how much you

One Year On (Part 3/3)

Published on 2012-01-06 07:58:00

With the analysis on what went right and wrong in 2011 completed, I now have to set out a plan on how I can make more in 2012.There seems to be 2 distinct options; improve my profitability on losing sports and maybe stretch into other fields, or concentrate on markets where my edge is clear and improve the expected return on each of those events.I’ve tossed and turned over this, but despite being a little concerned that putting my eggs in one basket may not be a wise move, I’ve come to feel

One Year On (Part 2/3)

Published on 2012-01-04 08:14:00

Part 1 of my 2011 review looked at the overall picture, but what sports made up my profits and has there been a shift since 2010?  Are there changes I need to make and do I need to focus on some sports more than others?First, the winners…Cricket (UP 112%)Since 2007, cricket has been my cash cow and a stable source of income but 2011 was an even busier year, with me trading 271 matches!  This is up from 182 in 2010, so it’s no wonder that this sport has brought me better results, bu

One Year On (Part 1/3)

Published on 2012-01-02 05:07:00

The close of 2011 signals the end of my first year as a full time sports gambler.  Where has the time gone?  It seems like only yesterday that I was sitting down with my old employers for my leaving meal.  Time really does seem to have flown.I mentioned at the beginning of the year that I'd only know if the move had been worth it after 12 months, so now that the numbers are in, have I wasted a year and if so what does the future hold?ResultsLets start with the bottom line.  I

A Very Happy New Year!

Published on 2011-12-30 01:48:00

.Just a quick note to let you all know that Kobe Iverson was born yesterday at 2.20pm, weighing exactly 8lb.  Mother and baby doing well ;-)Thanks to all of you that have offered best wishes on Twitter and through the blog - they really have been appreciated..

Get Tracking

Published on 2011-12-26 10:55:00

I hope you're enjoying the holidays!  If your house is anything like mine then you'll still have enough biscuits and chocolate left to see you through to June.  I guess the diet will have to wait!Anyway, just a quick post to let you know I've decided to make my Betfair monitoring tool available to anyone who wants it.  I received a few emails from readers following my last post asking how they could implement something similar, so rather tha

Merry Christmas!

Published on 2011-12-24 05:25:00

I'd like to wish all my blog readers and Twitter followers a very happy Christmas, and really hope Santa thinks you've all been good!A couple of days off for me and it's all systems on standby for the ultimate Christmas gift - odds on he arrives tomorrow!Until my next post, here's a few snapshots of my p&l progress from a few in-play big bash games so far (click on images to enlarge). Overall it's been a good start but I think I need to keep an eye on getting into negative positions to early

Go With Flow

Published on 2011-12-19 12:46:00

If people ask how I'm doing or how much money I've made, all I normally say is that I've not had a losing month for 5 and a half years. Of course there have been months where I've made next to nothing and others where I've made a bundle, but the number one aim I've had at the beginning of each one is 'don't lose!'.  In fact it's become like a mission statement to me.  The thought of a losing month (which can obviously happen) fills me with dread and I'm sure it's because of this that I

Big Bash

Published on 2011-12-15 10:33:00

.No signs of the baby so I've yet another reason to get excited - the start of the KFC Big Bash!  Yep, the Australian Domestic T20 competition starts at 8am (GMT) tomorrow and with 31 games scheduled between now and the end of January it will definitely warm up the cold dark mornings..There is a small snag - it's not being televised in the UK - but if you have a Betfair account or a bookmakers account (e.g. Bet365) then you can watch all of the games via their live video service.