Betting 360 Ep 003: David Digs into Uncovering a Betting Edge in Liquid Markets with Brendan Poots




Betting 360 - Betting From All Angles show

Summary: Dave brings Brendan Poots on the show this week to share some insights on discovering betting edges within what are normally considered very efficient markets.  Brendan operates The Priomha Group which is a hedge fund that invests systematically in sports betting instead of the typical stocks, bonds and mutual funds. Brendan has a background in the financial investment sector and experience as a bookmaker.  Combining skills learned in both fields, he has developed some interesting strategies for seeking out edges in liquid markets, hedging betting risks, managing funds and consistently seeing positive returns. Punting Insights You'll Find Why there are still consistent betting edges in liquid markets: and where you can look to find them. Specific tips and advice from a pro for a few sports markets including tennis, cricket, soccer and in play trading. How Brendan hedges his risk and manages his portfolio for consistent returns. Tax implications for your winnings and how his hedge fund pays out accordingly. Today's Guest: Brendan Poots His Hedge Fund - Priomha Group Brendan's Closing Tip: "What you'll see a lot of the time, and it happened again in the recent cricket tests in New Zealand and England is that when a side is set 380 plus to win in the last innings, you just take the set against them because history says that its not going to happen." Get the Transcript: Episode 003 : David Digs into Uncovering a Betting Edge in Liquid Markets with Brendan Poots Welcome to Betting 360, your number one source for horse racing and sports betting insights.  Coming around the bend is your host, David Duffield with another expert interview to give you the winning edge! David: Hello and welcome to Betting 360.  I'm your host David Duffield and for episode three I'd like to bring on a special guest to help us once again look at punting from a different angle.  Our expert today is Brendan Poots.  He is a sports hedge fund manager at Priomha Capital. He has an interesting background in professional sports as a cricketer, also as a bookmaker and as an investment banker.  He's taken a lot of that experience and applied it to the sports betting world so he runs a fund with external investors and it's his job to get them good returns.  It's a non-traditional type of investment, somewhat of a pioneer in the field I suppose you could say.  But I wanted to have a chat to him about that today and also what the everyday punter can learn.  He has some good insights in betting into soccer, also on tennis, and some in-play trading and some cricket as well so with the Ashes coming up I thought was worth chatting with him how best to go about trading or betting on cricket.  So let's have a chat with Brendan. David: Hello again listeners, I'd like to welcome our special guest to the show. How are you going Brendan? Brendan: I'm well, thanks Dave. David: Good to have you on the show and thanks for joining us.  We might as well start by explaining what to some might be a strange concept because they're used to the finance investment world, but what is Priomha Capital? Brendan: Okay well Priomha Capital is a sports hedge fund and I'll sort of go back into the genesis of the idea first of all.  I started playing county cricket a long time ago in the mid-90's and during that time, one of the benefactors of anyone who plays cricket overseas is a rich guy who will look after you, give you the house and the car and what have you.  My guy was a bookmaker so whilst I was playing cricket during the day with the long summer nights I would be a bookmaker at night.  It was during that period that I noticed the value of sports betting.  Sports betting and sports bookmaking, particularly  golf, cricket and tennis.  It was heavily traded in the bookmakers over in England and that got me thinking.  Fast forward five or six years later once I had realised my cricket ambitions weren't going anywhere,