Alex Reid's betting odds of yesterday when I posted my betting tip on the Celebrity Big Brother UK show do seem tempting now, don't they? My betting tip was to back Alex Reid and lay Dane Bowers and if you are usually trading in Betfair you have already made money! Alex' betting odds fell from 2.32 to 1.76 while Dane's odds drifted to 5.5 from 3.80. Sufficient trading profits for one day's work, don't you agree?

Nicola Tappenden was evicted since my post, which resulted to Reid's betting odds to steam even further. Vinnie Jones' odds remained about the same but Bowers' drifted initiating an apparent strong uptrend.

I need to remind my blog's new readers that I know nothing about the Big Brother show, let alone the British Celebrity version. What I know best is to analyse the Betfair graphs and predict odds movements depending mainly on technical analysis. Applying technical analysis on Betfair charts has worked for me in the past and although it is not rocket science, studying basic technical analysis tools like support and resistance levels is essential.

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