215: William Beauchamp – Ex-Poker Player Assembles Team to Conquer Sports Markets

Chat With Traders

Tessa Dao

Education, Business, Investing

4.9 • 2.3K Ratings

🗓️ 14 May 2021

⏱️ 88 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

William Beauchamp’s the founder of Seamless Capital, an algorithmic firm trading in sports markets—most notably Hong Kong horse racing, but also football and tennis. However, Will didn’t anticipate things would turn out this way… He spent his teenage years hell-bent on becoming a professional poker player. It was only when George—Will’s buddy who’d recently left one of the major HFT firms—pitched the idea of trying to apply similar strategies on sports betting exchanges. In time, the two developed several winning strategies, although George would later return to financial markets, while Will persisted as a one-man-band. But it was a bet that’s paid off, as he’s since scaled the operation to a team of 15-people, with £50-million annual turnover, netting seven-figures of PnL. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Chat with Traders is brought to you by the Chat with Traders community, a new membership
0:05.9	based community away from social media where traders can connect and enrich their trading
0:11.0	journeys.
0:12.0	Hi, this is Tessa.
0:13.0	Do you feel stuck in moving forward in your own trading journey?
0:17.2	It's not just you.
0:19.0	Trading is one of the most difficult pursuits in life.
0:22.3	Even for the most seasoned and successful traders as we've listened to many of the guests
0:26.8	on the show tell of similar stories and similar struggles, they continually face the challenges
0:33.3	of staying at the top of their games.
0:35.8	Taking the long view approach to trading makes sense because it takes time to gain the
0:41.2	experience, the skills and knowledge to experience the wins, the losses and failures to learn
0:48.0	from them.
0:49.0	Pick yourselves back up when we fall, improve and refine our strategies, edge and processes.
0:55.3	But if we don't have self-discipline and don't consistently practice risk management, then
1:01.4	the game unfortunately would end too early for many of us because we would run out of
1:06.8	money, capital and self-confidence even before having the chance to learn and improve over
1:13.0	time.
1:14.2	That's where it goes wrong for most traders starting out and where most traders fail and end up
1:19.6	proving the trading failure statistics right.
1:24.0	Trading can be a lonely journey, but it doesn't have to be.
1:28.2	A trader can easily become discouraged, complacent, stray or even deep and unhealthy habits and
	...

Transcript will be available on the free plan in -1389 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Tessa Dao, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Tessa Dao and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.