Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders purchase and sell on a regular basis, 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. You can achieve the ditto on Betfair.

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

On Betfair it is perfectly possible to turn all of the figures green and obtain yourself in to the position that regardless of the upshot of the race you can not lose. There are many methods to build a storage shed but the following is one. It works best on busy racing days such as a Saturday or Bank Holiday.

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

As the morning proceeds and more people back the fancied horse the retail price will shorten both with the bookies and also the exchange. You then lay the horse in the shorter price to have an amount the desire ensure win or lose you will profit. If you take a look at screen now you are going to see that each of the small figures are green.

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

At 2 pm we lay Dead Cert which has now fallen to 6.5 for A�12 to lose A�66

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

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

You won't make a fortune because of this one bet but as you become more capable which enable it to commence to find the signs and symptoms of horses odds lengthening or shortening you can set out to show a stable profit.