Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders purchase and sbobet sell on a regular basis, 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 stay. You can reach the same task on Betfair.

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

On Betfair it's fairly simple to show all those figures green and get yourself to the position that regardless of the outcome of the race you can't lose. There are many approaches to build a shed but here's one. It works best on busy racing days for instance a Saturday or Bank Holiday.

First thing inside morning seek out horses which can be tipped heavily in the racing press. You can also embark on line for the Racing Post web site and look at their listing of the tipster's recommendations. Pay particular attention on the naps specially those of Pricewise and Trading Post who are able to be particularly influential. Horses which can be touted in the press often shorten in price because race approaches if you decide to back them early inside the day to win you ought to get an excellent price.

As the day proceeds and more people back the fancied horse the retail price will shorten both using the bookies along with the exchange. You then lay the horse with the shorter price to have an amount the desire ensure win or lose you may profit. If you take a look at screen now you are going to see that every one of the small figures are green.

Let me give 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 containing now fallen to six.5 for A�12 to reduce A�66

If Dead Cert wins we make A�90 - A�66 (we spend around 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, profit A�2

You won't produce a fortune because of this one bet but as you become more experienced and may commence to find the signs of horses odds lengthening or shortening you could start to show a stable profit.