Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders purchase and sell constantly, 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 stay in. You can reach the same on Betfair.

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

On Betfair it is fairly simple to show those figures green and acquire yourself in to the position that regardless of the outcome of the race you can not lose. There are many approaches to go about this but here's one. It works best on busy racing days such as a Saturday or sbobet Bank Holiday.

First thing in the morning seek out horses that happen to be tipped heavily inside racing press. You can also continue line for the Racing Post web site and look at their set of the tipster's recommendations. Pay particular attention on the naps specially those of Pricewise and Trading Post who are able to be particularly influential. Horses which might be touted inside the press usually shorten in price since the race approaches if you decide to back them early inside day to win you have access to a fantastic price.

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

Let me present you with an example 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 to six.5 for A�12 to shed A�66

If Dead Cert wins we make A�90 - A�66 (we pay out for 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 will not produce a fortune because of this one bet but as you become more skillful and will commence to see the indications of horses odds lengthening or shortening you might set out to show a stable profit.