Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders exchange on a regular basis, they take risks but you are skilled at "protecting their position". In non technical term covering options, heads they win, tails they win. It is a great position to be. You can attain the same task on Betfair.

When you back or lay for the exchange a tiny green figure comes up on the screen up against the horse in case you have backed it showing how much you'll win if successful. Against the rest of the horses can be your stake money shown in red. If you might have laid the horse then the reverse happens. The red figure is next to the horse you've laid and all the other runners have your stake profit green less the 5% commission against their names.

On Betfair it is fairly simple to show all those figures green and obtain yourself to the position that whatever the results of the race you can not lose. There are many approaches to build a storage shed but this is one. It works best on busy racing days like a Saturday or Bank Holiday.

First thing inside morning seek out horses which can be tipped heavily inside the racing press. You can also embark on line towards the Racing Post web site and look at their list of the tipster's recommendations. Pay particular attention towards the naps in particular those of Pricewise and Trading Post that can be particularly influential. Horses which are touted inside press have a tendency to shorten in price since the race approaches when you back them early within the day to win you need to get a fantastic price.

As the afternoon proceeds and more people back the fancied horse the price will shorten both using the bookies as well as the exchange. You then lay the horse in the shorter price on an amount the will ensure win or lose you will profit. If you take a look at screen now you are going to see that all of 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 which has now fallen in order to six.5 for A�12 to shed A�66

If Dead Cert wins we make A�90 - A�66 (we spend about the lay bet) profit A�24

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

You will not produce a fortune using this one bet but as you become more experienced and may start to spot the signs of horses odds lengthening or sbobet shortening you can start to show a steady profit.