Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders trade all the time, they take risks but you are skilled at "protecting their position". In non technical term covering options, heads they win, tails they win. It is a great position to be in. You can reach the same thing on Betfair.

When you back or lay around the exchange a smaller green figure pops up about the screen contrary to the horse for those who have backed it showing simply how much you may win if successful. Against 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 on the horse you've laid and other runners have your stake cash in green less the 5% commission against their names.

On Betfair it really is fairly simple to make dozens of figures green and obtain yourself into the position that no matter what results of the race you can't lose. There are many methods to go about this but the following is one. It works best on busy racing days such as a Saturday or Bank Holiday.

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

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

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

At 2 pm we lay Dead Cert containing now fallen to 6.5 for A�12 to get rid of 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 in the lay, profit A�2

You is not going to create a fortune out of this one bet but as you become more experienced and can commence to see the warning signs of horses odds lengthening or shortening you can set out to show a steady profit.