Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders trade constantly, they take risks however 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 happens for the screen from the horse when you have backed it showing 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 a reverse happens. The red figure is next for the horse you've got laid and other runners have your stake cash in green less the 5% commission against their names.

On Betfair it can be fairly simple to change all those figures green and get yourself to the position that no matter the upshot of the race you can not lose. There are many approaches to build a storage shed but here's one. It works best on busy racing days say for example a Saturday or Bank Holiday.

First thing inside morning try to find horses which can be tipped heavily in the racing press. You can also continue line towards the Racing Post site and look at their listing of the tipster's recommendations. Pay particular attention to the naps specially those of Pricewise and Trading Post who are able to be particularly influential. Horses which might be touted inside the press often shorten in price since the race approaches if you back them early in the day to win you need to get a great price.

As your day continues and more people back the fancied horse the cost will shorten both with the bookies and sbobet also the exchange. You then lay the horse in the shorter price to have an amount the will ensure win or lose you will profit. If you research your screen now you will see that all the small figures are green.

Let me offer 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 which includes now fallen to 6.5 for A�12 to reduce A�66

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

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

You won't come up with a fortune using this one bet but as you become more capable which enable it to start to spot the warning signs of horses odds lengthening or shortening you may commence to show a comfortable profit.