Horse Race Betting - Betfair Turning Losers Into Winners

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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, sbobet tails they win. It is a great position to be in. You can attain the ditto on Betfair.

When you back or lay about the exchange a tiny green figure pops up on the screen up against the horse when you have backed it showing the amount you will win if successful. Against the rest of the horses can be your stake money shown in red. If you've got laid the horse then your reverse happens. The red figure is next to the horse you have laid and other runners have your stake profit green less the 5% commission against their names.

On Betfair it can be quite possible to change all of the figures green and have yourself in the position that no matter what results of the race you cannot lose. There are many ways to go about this but here is one. It works best on busy racing days like a Saturday or Bank Holiday.

First thing within the morning seek out horses that happen to be tipped heavily inside the racing press. You can also embark on line for the Racing Post site and look at their list of the tipster's recommendations. Pay particular attention on the naps especially 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 because the race approaches when you back them early inside day to win you ought to get an excellent price.

As the morning continues and more people back the fancied horse the purchase price will shorten both while using bookies and also the exchange. You then lay the horse in the shorter price to have an amount the need ensure win or lose you'll profit. If you take a look at screen now you will see that each of the small figures are green.

Let me give you a sample at 9 am we back Dead Cert for A�10 at 10.0 to win A�90

At 2 pm we lay Dead Cert that has now fallen to six.5 for A�12 to shed A�66

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

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

You will not likely come up with a fortune from this one bet but as you become more experienced and can commence to spot the signs and symptoms of horses odds lengthening or shortening you could commence to show a comfortable profit.