{"id":977,"date":"2022-09-28T07:06:25","date_gmt":"2022-09-28T07:06:25","guid":{"rendered":"https:\/\/bfhubprod.wpengine.com\/hub\/?p=977"},"modified":"2024-08-21T16:57:11","modified_gmt":"2024-08-21T06:57:11","slug":"option-traders-to-betting-players","status":"publish","type":"post","link":"https:\/\/www.betfair.com.au\/hub\/education\/punter-insights\/option-traders-to-betting-players\/","title":{"rendered":"MEET TOM AND THOMAS"},"content":{"rendered":"<div class=\"education-content border-b pb-10 block\">\n      \n          <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width\">\n          <p>Put your hand up if you know what the following mean \u2013 Married Put, Protective Collar and Long Straddle? How about Iron Butterfly then? They are all terms used by option traders on the world\u2019s financial markets \u2013 no place for the faint hearted.<\/p>\n<p>What do two option traders from Sydney\u2019s Northern Beaches do, when deciding to step out of the pressure cooker of the trading floor? Go drinking at the New Brighton in Manly for starters, but the real answer is they became punters.<\/p>\n<p>Tom and Thomas (yes it makes it tricky to write!) turned their backs on the Australian Stock Exchange after a combined 25 years working in the mysterious world of financial markets.<\/p>\n\n        <\/div>\n      <\/div>\n    \n    \n    \n          \n    \n    \n    \n          <div class=\"marketing-banner block\" data-segment-id=\"banner-container\"\n          data-banner-details=\"{&quot;bannerName&quot;:&quot;Join Now&quot;}\"\n        >\n    <div class=\"container reduced-width\">\n      <div class=\"py-4\">\n\n                  <a href=\"https:\/\/register.betfair.com.au\/account\/registration\/\" target=\"\" data-segment-id=\"banner-a-tag\" data-banner-all=\"{&quot;segmentData&quot;:&quot;{\\&quot;bannerName\\&quot;:\\&quot;Join Now\\&quot;}&quot;,&quot;image&quot;:&quot;&lt;img width=\\&quot;2050\\&quot; height=\\&quot;418\\&quot; src=\\&quot;https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-1025X144X2.png\\&quot; class=\\&quot;w-full\\&quot; alt=\\&quot;\\&quot; srcset=\\&quot;https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-1025X144X2.png 2050w, https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-1025X144X2-300x61.png 300w, https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-1025X144X2-1024x209.png 1024w, https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-1025X144X2-768x157.png 768w, https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-1025X144X2-1536x313.png 1536w, https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-1025X144X2-2048x418.png 2048w\\&quot; sizes=\\&quot;(max-width: 2050px) 100vw, 2050px\\&quot; \\\/&gt;&quot;,&quot;mobileImage&quot;:&quot;&lt;img width=\\&quot;800\\&quot; height=\\&quot;900\\&quot; src=\\&quot;https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-400x450X2-1.png\\&quot; class=\\&quot;w-full\\&quot; alt=\\&quot;\\&quot; srcset=\\&quot;https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-400x450X2-1.png 800w, https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-400x450X2-1-267x300.png 267w, https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-400x450X2-1-768x864.png 768w\\&quot; sizes=\\&quot;(max-width: 800px) 100vw, 800px\\&quot; \\\/&gt;&quot;,&quot;link&quot;:{&quot;title&quot;:&quot;&quot;,&quot;url&quot;:&quot;https:\\\/\\\/register.betfair.com.au\\\/account\\\/registration\\\/&quot;,&quot;target&quot;:&quot;&quot;}}\">\n        \n                      <img loading=\"lazy\" decoding=\"async\" width=\"2050\" height=\"418\" src=\"https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2023\/05\/C666-24-GENERIC-HUB-TILE-1025X144X2.png\" class=\"w-full\" alt=\"\" srcset=\"https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2023\/05\/C666-24-GENERIC-HUB-TILE-1025X144X2.png 2050w, https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2023\/05\/C666-24-GENERIC-HUB-TILE-1025X144X2-300x61.png 300w, https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2023\/05\/C666-24-GENERIC-HUB-TILE-1025X144X2-1024x209.png 1024w, https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2023\/05\/C666-24-GENERIC-HUB-TILE-1025X144X2-768x157.png 768w, https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2023\/05\/C666-24-GENERIC-HUB-TILE-1025X144X2-1536x313.png 1536w, https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2023\/05\/C666-24-GENERIC-HUB-TILE-1025X144X2-2048x418.png 2048w\" sizes=\"auto, (max-width: 2050px) 100vw, 2050px\" \/>\n          \n                  <\/a>\n        \n      <\/div>\n    <\/div>\n  <\/div>\n                <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width relative\">\n          <h2 class=\"font-bold font-montserrat text-xl lg:text-[26px] text-bf-yellow text-center md:text-left uppercase\">THE BEGINNINGS<\/h2>\n        <\/div>\n      <\/div>\n    \n    \n    \n    \n          \n          <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width\">\n          <p>For Thomas, it was time for a change, \u201cI had also left the finance world and my main aim was to have a year off and spend time with my kids before they went to school. After a few months I got a bit bored \u2013 not with the kids! \u2013 so I sent Tom a message and said why don\u2019t we look at this together.\u201d<\/p>\n<p>Why sports betting? \u201cI like sport, I\u2019m a big fan of watching sport myself, so Tom and I focused on sports betting because we are big fans of watching sport. That was the interest, but horse racing then appealed to us as there were lots of races a day, a big data set meaning lots of trading sessions \u2013 so we jumped into horse racing pretty early on.\u201d Neither of them had much to do with punting.<\/p>\n<p>Thomas had worked in a Tab outlet whilst at Uni and punted a little; Tom enjoyed his sport but was not a punter at all,<\/p>\n<blockquote><p><em><strong>I literally had a bet on the Melbourne Cup and that was it. I\u2019d never touched a form guide. My only connection to betting was that he was my mate! The key was we had worked in a similar environment \u2013 a market we could trade \u2013 which I feel is still what we do now.<\/strong><\/em><\/p><\/blockquote>\n<p>Tom admits that he got hooked on the idea pretty quickly after receiving that text, \u201cI came to it not as a punter I saw it as a frame of reference that this is a market and aspects of it look very familiar to me and I enjoyed working on them.<\/p>\n<p>It looked like a way I could apply things. I\u2019m a software developer by background so I was able to look at systems that I was interested in developing and with my trading experience I would be able to keep that going but not in the high stress environment of the financial world. A massive aspect I liked was that I could take my time.\u201d<\/p>\n<p>Back in the 2000\u2019s when Thomas was working part time in that Tab he heard about Betfair. Little did he know all these years later that it would become such an integral part of his life, \u201cThe stock market is only opened for a short time whereas the real aspect of this (Betfair) is that it doesn\u2019t close and there are so many markets to trade.<\/p>\n<p>Betfair never sleeps which is terrific and that\u2019s the real fun part of it. We didn\u2019t have an interest in horse racing, but we worked out that\u2019s what we were good at. We started on Australian racing and we now do all around the world \u2013 all forms of racing \u2013 dogs as well.\u201d<\/p>\n<p>Racing comprises 75% of their activity and they are still developing their own programs. It didn\u2019t happen overnight. They didn\u2019t open a Betfair account wave their option trading magic wand and watch the money roll in.<\/p>\n<p>As Thomas saw it, \u201cYou start with an idea, you muck around with it till it gets more promising. You think, how can we do this better?<\/p>\n<p>\u201cOn starting we thought we could kinda play similar strategies that we employ in the financial world into the sports betting world. Just plug it in and go for it and make money immediately. Not the case at all, horses and stocks don\u2019t have much in common.\u201d<\/p>\n<p>Tom is passionate about developing programs and the challenge that the market place brings, \u201cThe thing I like about markets in general is that you have so many participants \u2013 people with different ideas all meeting together \u2013 so doing the technical side of developing trading systems really appeals. We build our own systems and that\u2019s a big part of the challenge and enjoyment for us. We are currently trading as we are sitting here \u2013 the automation is an interesting part of the story.<\/p>\n\n        <\/div>\n      <\/div>\n    \n    \n    \n                <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width relative\">\n          <h2 class=\"font-bold font-montserrat text-xl lg:text-[26px] text-bf-yellow text-center md:text-left uppercase\">DAY TO DAY ACTIVITY<\/h2>\n        <\/div>\n      <\/div>\n    \n    \n    \n    \n          \n          <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width\">\n          <p>We trade around the clock but we do go to bed at night! Many factors go into our model \u2013 its spits out prices and starts trading \u2013 blending prices with the market. The model does it we don\u2019t have to do it. It\u2019s highly automated but watching adds value and we watch as much as we can. Tom cracks the same joke every week \u2013 you see more when you are watching!\u201d<\/p>\n<p>Must be a nice buzz to wake up in the morning and see how the overseas session has gone!<\/p>\n<p>To both of them, the frequency and consistent amount of races is very attractive, \u201cYou basically get a lot of chances during the day, get some feedback and go again.\u201d Thomas continued, \u201cWe have an idea of what a horse is worth and if the market is a bit out of whack we see it as an opportunity \u2013 so if we make a horse 5\/2 and its 7\/2 we\u2019d act.\u201d<\/p>\n<p>What if you made it 5\/2 and it was 11\/4?<\/p>\n<p>\u201cWell it would depend on the event or how confident we were. If it was a big horse race then the gap is a very big one but if it was something like a dog race in NZ then it might be a little too tight. If you feel like you\u2019ve got a lot of information then you are much more confident, say, like the difference between an Australian Cup or a maiden at Ballina.\u201d<\/p>\n<p>So the bigger the race the bigger the bet?<\/p>\n<blockquote><p><em><strong>It\u2019s more what the market offers you but in general the big races tend to offer you more, but there could still be a colossal opportunity in a very small race.<\/strong><\/em><\/p><\/blockquote>\n<p>Tom has a very competitive nature and enjoys that aspect of Betfair, \u201cIf one of the big syndicates is against what we like, it\u2019s that competition of being against top people that is one of the real appeals. I get a lot of motivation from that, but understand I really respect the other people out there. It\u2019s actually much more competitive then we thought going in.\u201d Thomas adds, \u201cWe are from the finance world which is an exceptionally competitive environment. It\u2019s very sharp \u2013 much much more efficient then we could have ever imagined.<\/p>\n<p>It\u2019s a big liquid market filled with very smart people and a lot of money changing hands. It\u2019s a very mature market and to Betfair\u2019s credit they have really developed it well. You have to accept that there are better people out there \u2013 a big ego can bring you undone \u2013 you need a huge amount of humility\u201d<\/p>\n\n        <\/div>\n      <\/div>\n    \n    \n    \n                <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width relative\">\n          <h2 class=\"font-bold font-montserrat text-xl lg:text-[26px] text-bf-yellow text-center md:text-left uppercase\">TRIAL AND ERROR<\/h2>\n        <\/div>\n      <\/div>\n    \n    \n    \n    \n          \n          <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width\">\n          <p>Both of them agree that their edge (a direct legacy of the finance markets) is discipline and the analytical approach to reviewing their action, \u201cWe brought that review discipline immediately to what we are doing \u2013 our core strength is our ability to review accurately and without emotion.<\/p>\n<p>We are very data driven and analytical and like to think we are extremely thorough and consistent in the way we approach everything from the systems to the punting to whatever else we are working on.\u201d They do admit to a bit of emotion when they watch the systems trade and cheer their horses on in the afternoon!<\/p>\n<p>It\u2019s important in reading this to be aware that what they both have been through is very similar to a lot of other start-ups in whatever business you choose. A lot of trial and error in the early days, months of no money and hours of work that didn\u2019t work so to speak. \u201cWe are human, this is a very difficult pursuit. We find it difficult to know what we need to do to get to where we want to be in 12 month\u2019s time.<\/p>\n<p>There is no frame of reference, so we draw on past experiences. It\u2019s not like there\u2019s 10 people we know who are doing what we do so we can ask them questions and I struggle with that.\u201d Thomas is honest in describing it as quite a lonely existence.<\/p>\n<p>They are a two man band but have recently took a person onboard to assist with the IT\/Tech side of things to help ease their work load, \u201cAs there is two of us we have to choose what we are going to work on and prioritisation is a really big problem. We are under a lot of time constraints and sometimes we definitely cut corners more then we would like; and even with the addition of a third person we aren\u2019t where we want to be at this point in time.\u201d<\/p>\n<p>Is a goal to be the next \u201cbig syndicate\u201d?<\/p>\n<p>Thomas laughs, \u201cI wish! We have different trade indicators to a lot of the big syndicates, but we are still learning \u2013 we are learning everything on the job. At the beginning my wife asked what % chance do you have of this working \u2013 we thought we were about a 10% chance of making it at the time.\u201d<\/p>\n<p>Tom interjects, \u201cWe had a lot of good fortune getting to this point. It seemed like at every point we needed to make money to get that mental confidence to keep going we just scraped through. It seemed like we had that bit of luck at just the right time. You think what you are doing is marginal and then you roll some new idea out and it works.\u201d<\/p>\n<p>Thomas stresses the importance of always trying new things, \u201cIf 90% of the things you try didn\u2019t fail then you are not trying hard enough. We have a hit rate of about 10% on the things we try adding value to the operation. Most things you try shouldn\u2019t work \u2013 you must respect the market. We had so many great ideas \u2013 we thought \u2013 that just didn\u2019t work!\u201d<\/p>\n\n        <\/div>\n      <\/div>\n    \n    \n    \n                <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width relative\">\n          <h2 class=\"font-bold font-montserrat text-xl lg:text-[26px] text-bf-yellow text-center md:text-left uppercase\">CONCLUSION<\/h2>\n        <\/div>\n      <\/div>\n    \n    \n    \n    \n          \n          <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width\">\n          <p>Both Tom and Thomas acknowledge it\u2019s been a long process of trying different things.<\/p>\n<p>Like any start up company there are a lot of unknowns hiding in the shadows and they admit they were too confident in their pricing model. They decided to get less aggressive with their trading backing off a bit to take what they described as more \u2018credit\u2019. It\u2019s a stock market phrase.<\/p>\n<p>They started looking for better value so began trading less but at better prices. \u201cWe had no right to be as big as we were. We had to show more patience and to be honest we had got a bit ahead of ourselves. It was soon after that change that we had our first big week. It was about 12 months in and it was at this point that we came from a 10% chance of making it to a 33% chance of making it.\u201d<\/p>\n<p>In that is a good lesson for others looking to head down this path that some times a step back is really a step forward and that can only come with experience which is a key piece of advice that Thomas offers to those wanting to come in, \u201cIt\u2019s a lot about perseverance.\u201d<\/p>\n<blockquote><p><strong><em>I\u2019d highly recommend you find a partner that has complementary skills to you so you can cover enough areas to get off the ground. Also go and talk to people \u2013 go to Betfair functions. In the finance community you have events in the trading world where everyone goes but no one talks to each other \u2013 in the Betfair Community it\u2019s the opposite everyone is extremely open making it is so beneficial.<\/em><\/strong><\/p><\/blockquote>\n<p>They both agree they are enjoying life much more than five years ago. They are doing something they are passionate about and as Thomas laughs, \u201cInvariably when we go for a beer with mates to watch the footy we end up in a corner of the pub the two of us talking about work so yes you have to be passionate!\u201d<\/p>\n<p>Who says horses and stocks don\u2019t have much in common?<\/p>\n\n        <\/div>\n      <\/div>\n    \n    \n    \n          \n    \n    \n    \n          <div class=\"marketing-banner block\" data-segment-id=\"banner-container\"\n          data-banner-details=\"{&quot;bannerName&quot;:&quot;Join Now&quot;}\"\n        >\n    <div class=\"container reduced-width\">\n      <div class=\"py-4\">\n\n                  <a href=\"https:\/\/register.betfair.com.au\/account\/registration\/\" target=\"\" data-segment-id=\"banner-a-tag\" data-banner-all=\"{&quot;segmentData&quot;:&quot;{\\&quot;bannerName\\&quot;:\\&quot;Join Now\\&quot;}&quot;,&quot;image&quot;:&quot;&lt;img width=\\&quot;2050\\&quot; height=\\&quot;418\\&quot; src=\\&quot;https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-1025X144X2.png\\&quot; class=\\&quot;w-full\\&quot; alt=\\&quot;\\&quot; srcset=\\&quot;https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-1025X144X2.png 2050w, https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-1025X144X2-300x61.png 300w, https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-1025X144X2-1024x209.png 1024w, https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-1025X144X2-768x157.png 768w, https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-1025X144X2-1536x313.png 1536w, https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-1025X144X2-2048x418.png 2048w\\&quot; sizes=\\&quot;(max-width: 2050px) 100vw, 2050px\\&quot; \\\/&gt;&quot;,&quot;mobileImage&quot;:&quot;&lt;img width=\\&quot;800\\&quot; height=\\&quot;900\\&quot; src=\\&quot;https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-400x450X2-1.png\\&quot; class=\\&quot;w-full\\&quot; alt=\\&quot;\\&quot; srcset=\\&quot;https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-400x450X2-1.png 800w, https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-400x450X2-1-267x300.png 267w, https:\\\/\\\/www.betfair.com.au\\\/hub\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/C666-24-GENERIC-HUB-TILE-400x450X2-1-768x864.png 768w\\&quot; sizes=\\&quot;(max-width: 800px) 100vw, 800px\\&quot; \\\/&gt;&quot;,&quot;link&quot;:{&quot;title&quot;:&quot;&quot;,&quot;url&quot;:&quot;https:\\\/\\\/register.betfair.com.au\\\/account\\\/registration\\\/&quot;,&quot;target&quot;:&quot;&quot;}}\">\n        \n                      <img loading=\"lazy\" decoding=\"async\" width=\"2050\" height=\"418\" src=\"https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2023\/05\/C666-24-GENERIC-HUB-TILE-1025X144X2.png\" class=\"w-full\" alt=\"\" srcset=\"https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2023\/05\/C666-24-GENERIC-HUB-TILE-1025X144X2.png 2050w, https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2023\/05\/C666-24-GENERIC-HUB-TILE-1025X144X2-300x61.png 300w, https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2023\/05\/C666-24-GENERIC-HUB-TILE-1025X144X2-1024x209.png 1024w, https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2023\/05\/C666-24-GENERIC-HUB-TILE-1025X144X2-768x157.png 768w, https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2023\/05\/C666-24-GENERIC-HUB-TILE-1025X144X2-1536x313.png 1536w, https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2023\/05\/C666-24-GENERIC-HUB-TILE-1025X144X2-2048x418.png 2048w\" sizes=\"auto, (max-width: 2050px) 100vw, 2050px\" \/>\n          \n                  <\/a>\n        \n      <\/div>\n    <\/div>\n  <\/div>\n      <\/div>\n","protected":false},"excerpt":{"rendered":"<p>What do two option traders from Sydney\u2019s Northern Beaches do, when deciding to step out of the pressure cooker of the trading floor? They became punters. This is the story of Tom and Thomas who turned from the stockmarket to the Betfair market. <\/p>\n","protected":false},"author":33,"featured_media":46763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"tipster_notification_checkbox":false,"send_notification":false,"footnotes":""},"categories":[43],"tags":[],"brand":[],"class_list":["post-977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-punter-insights"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.5 (Yoast SEO v24.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Meet Tom and Thomas | Betfair Punter Inishgts | Betfair Hub<\/title>\n<meta name=\"description\" content=\"What do two option traders from Sydney\u2019s Northern Beaches do, when deciding to step out of the pressure cooker of the trading floor? They became punters.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.betfair.com.au\/hub\/education\/punter-insights\/option-traders-to-betting-players\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MEET TOM AND THOMAS\" \/>\n<meta property=\"og:description\" content=\"What do two option traders from Sydney\u2019s Northern Beaches do, when deciding to step out of the pressure cooker of the trading floor? 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