Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders purchase and sell constantly, sboarena 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 be. You can achieve the same on Betfair.

When you back or lay on the exchange a small green figure pops up around the screen up against the horse in case you have backed it showing the amount you are going to win if successful. Against all of those other horses is the stake money shown in red. If you might have laid the horse then this reverse happens. The red figure is next on the horse you might have laid and all the other runners have your stake money in green less the 5% commission against their names.

On Betfair it really is perfectly possible to make those figures green and get yourself in to the position that no matter what results of the race you cannot lose. There are many solutions 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 inside morning seek out horses which can be tipped heavily within the racing press. You can also carry on line on the Racing Post site and look at their list of the tipster's recommendations. Pay particular attention to the naps particularly those of Pricewise and Trading Post who is able to be particularly influential. Horses which are touted within the press usually shorten in price because the race approaches if you back them early in the day to win you ought to get a good price.

As your day continues and more people back the fancied horse the retail price will shorten both using the bookies and the exchange. You then lay the horse at the shorter price for an amount the will ensure win or lose you are going to 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 provide you with 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 which has now fallen in order to six.5 for A�12 to get rid of A�66

If Dead Cert wins we make A�90 - A�66 (we spend 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 won't come up with a fortune out of this one bet but as you become more knowledgeable and can commence to see the indications of horses odds lengthening or shortening you might commence to show a steady profit.