Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders exchange constantly, they take risks but they 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 attain the same task on Betfair.

When you back or sbobet lay for the exchange a tiny green figure arises on the screen from the horse if you have backed it showing the amount you'll win if successful. Against other horses will be your stake money shown in red. If you've got laid the horse then your reverse happens. The red figure is next on the horse you've laid and all the other runners have your stake profit green less the 5% commission against their names.

On Betfair it's quite possible to turn all of the figures green and obtain yourself in the position that whatever the outcome of the race you can not lose. There are many methods to build a shed but here's one. It works best on busy racing days say for example a Saturday or Bank Holiday.

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

As the day goes on and more people back the fancied horse the purchase price will shorten both while using bookies and the exchange. You then lay the horse with the shorter price on an amount the will ensure win or lose you will profit. If you take a look at screen now you'll see that all of the small figures are green.

Let me give you a good 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 that has now fallen in order 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 the win bet but get A�12 through the lay, profit A�2

You won't make a fortune because of this one bet but as you become more knowledgeable and can begin to see the signs and symptoms of horses odds lengthening or shortening you may set out to show a reliable profit.