Horse Race Betting - Betfair Turning Losers Into Winners

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

When you back or lay on the exchange a smaller green figure pops up on the screen up against the horse when you have backed it showing just how much you are going to win if successful. Against all the other horses will be your stake money shown in red. If you have laid the horse then the reverse happens. The red figure is next towards the horse you have laid and other runners have your stake take advantage green less the 5% commission against their names.

On Betfair it can be perfectly possible to change dozens of figures green and acquire yourself into the position that whatever the upshot of the race you can't lose. There are many methods to build a shed but here is one. It works best on busy racing days say for example a Saturday or Bank Holiday.

First thing inside morning look for horses which are tipped heavily inside racing press. You can also embark on line on the Racing Post internet site and look at their set of the tipster's recommendations. Pay particular attention for the naps especially those of Pricewise and Trading Post who can be particularly influential. Horses which are touted inside the press often shorten in price since the race approaches when you back them early inside day to win you should get an excellent price.

As the day continues and more people back the fancied horse the purchase price will shorten both with all the bookies as well as the exchange. You then lay the horse on the shorter price on an amount the need ensure win or lose you may profit. If you look at your screen now you'll see that every one of the small figures are green.

Let me give you an illustration at 9 am we back Dead Cert for A�10 at 10.0 to win A�90

At 2 pm we lay Dead Cert containing 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 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 in the lay, profit A�2

You won't produce a fortune out of this one bet but as you become more skillful and will set out to find the warning signs of horses odds lengthening or shortening you can set out to show a comfortable profit.