Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders buy and sell all the time, 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 reach the ditto on Betfair.

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

On Betfair it really is fairly simple to show dozens of figures green and get yourself in the position that no matter what outcome of the race you can not lose. There are many approaches to build a garden shed but here is one. It works best on busy racing days for instance a Saturday or Bank Holiday.

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

As the morning continues and more people back the fancied horse the retail price will shorten both with the bookies and the exchange. You then lay the horse at the shorter price for an amount the need ensure win or lose you'll profit. If you research your screen now you will see that each of the small figures are green.

Let me offer 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 in order to six.5 for A�12 to reduce A�66

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

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

You will not create a fortune from this one bet but as you become more capable and can begin to spot the signs of horses odds lengthening or shortening you can commence to show a comfortable profit.