Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders purchase and sell continuously, 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 be in. You can reach the same on Betfair.

When you back or lay on the exchange a little green figure arises for the screen up against the horse in case you have backed it showing how much you are going to win if successful. Against all of those other horses is 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 might have laid and other runners have your stake cash in green less the 5% commission against their names.

On Betfair it's fairly simple to make dozens of figures green and have yourself in to the position that no matter what results of the race you are unable to lose. There are many methods to build a shed but here is one. It works best on busy racing days such as a Saturday or Bank Holiday.

First thing inside the morning try to find horses that happen to be tipped heavily in the racing press. You can also embark on line for the Racing Post internet site and look at their report on the tipster's recommendations. Pay particular attention for the naps specially those of Pricewise and Trading Post who can be particularly influential. Horses which might be touted inside the press tend to shorten in price as the race approaches so if you back them early inside day to win you should get a good price.

As the afternoon continues and sboarena more people back the fancied horse the purchase price will shorten both with all the bookies as well as the exchange. You then lay the horse with the shorter price to have an amount the desire ensure win or lose you are going to profit. If you take a look at screen now you'll see that every one of the small figures are green.

Let me offer 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 containing now fallen to six.5 for A�12 to lose A�66

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

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

You is not going to produce a fortune because of this one bet but as you become more experienced and will begin to see the warning signs of horses odds lengthening or shortening you might set out to show a comfortable profit.