Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders trade all the time, sboarena they take risks but are skilled at "protecting their position". In non technical term covering options, heads they win, tails they win. It is a great position to stay in. You can get the same task on Betfair.

When you back or lay for the exchange a little green figure comes up for the screen against the horse for those who have backed it showing the amount you will win if successful. Against other horses will be your stake money shown in red. If you've got laid the horse then this reverse happens. The red figure is next to the horse you've laid and all of those other runners have your stake money in green less the 5% commission against their names.

On Betfair it is fairly simple to turn dozens of figures green and obtain yourself to the position that regardless of the upshot of the race you can not lose. There are many solutions to go about this but this is one. It works best on busy racing days such as a Saturday or Bank Holiday.

First thing in the morning search for horses which are tipped heavily inside the racing press. You can also embark on line to the Racing Post internet site and look at their report on the tipster's recommendations. Pay particular attention towards the naps in particular those of Pricewise and Trading Post who is able to be particularly influential. Horses which might be touted within the press usually shorten in price as the race approaches when you back them early inside day to win you have access to a good price.

As the morning continues and more people back the fancied horse the cost will shorten both while using bookies as well as the exchange. You then lay the horse in the shorter price with an amount the need ensure win or lose you may profit. If you take a look at screen now you will see that all the small figures are green.

Let me present you with a sample at 9 am we back Dead Cert for A�10 at 10.0 to win A�90

At 2 pm we lay Dead Cert that has now fallen in order to six.5 for A�12 to reduce A�66

If Dead Cert wins we make A�90 - A�66 (we fork out on the lay bet) profit A�24

If Dead Cert loses we lose A�10 from my win bet but get A�12 through the lay, profit A�2

You won't come up with a fortune using this one bet but as you become more skillful and may start to find the signs and symptoms of horses odds lengthening or shortening you could start to show a steady profit.