Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders exchange constantly, 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. You can attain the same thing on Betfair.

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

On Betfair it really is fairly simple to change dozens of figures green and get yourself in to the position that no matter the outcome of the race you can not lose. There are many solutions to go about this but this is one. It works best on busy racing days say for example a Saturday or Bank Holiday.

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

As the day continues on 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 on the shorter price with an amount the will ensure win or lose you are going to profit. If you research your screen now you are going to see that every one of the small figures are green.

Let me present you with an 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 which has now fallen in order to six.5 for A�12 to lose A�66

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

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

You won't produce a fortune using this one bet but as you become more skillful and may set out to see the indications of horses odds lengthening or sboarena shortening you might commence to show a comfortable profit.