Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders exchange continuously, they take risks but they 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 for the exchange a small green figure arises on the screen contrary to the horse in case you have backed it showing just how much you'll win if successful. Against other horses is the stake money shown in red. If you've laid the horse then a reverse happens. The red figure is next on the horse you have laid and other runners have your stake money in green less the 5% commission against their names.

On Betfair it's quite possible to make those figures green and have yourself to the position that regardless of the outcome of the race you are unable to lose. There are many methods to build a garden shed but here's one. It works best on busy racing days for instance a Saturday or Bank Holiday.

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

As the afternoon goes on and more people back the fancied horse the cost will shorten both with all the bookies along with the exchange. You then lay the horse with the shorter price on an amount the need ensure win or lose you may profit. If you take a look at screen now you are going to see that all of the small figures are green.

Let me give you 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 includes now fallen to six.5 for A�12 to get rid of A�66

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

If Dead Cert loses we lose A�10 from your 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 can commence to find the indications of horses odds lengthening or shortening you can commence to show a reliable profit.