Horse Race Betting - Betfair Should You Go For Winners Or Losers

Aus islam-pedia.de
Wechseln zu: Navigation, Suche

Since 1990 every time a computer whiz called Andrew "Bert" Black developed the technology that enables betting exchanges to operate the horse racing fans options have widened. Before the punter was limited on backing a horse either to win or perhaps be second or third. The new exchanges changed all that.

Now a punter can select if you should back a horse to win or lay it to lose. Many punters now are experts in trying to find losers as opposed to winners. In the face it is must be considerably easier. For instance inside a 14 runner race there is only able to be one winner but you will have 13 losers. It sounds a little bit like a "no brainer," but it's less than that easy.

The drawback is one thing called liability. When you place a bet with the bookmaker and present him your stake money he agrees to give you normally somewhat more should your horse wins. Well if you lay a horse you happen to be becoming the bookmaker for another punter, the one who thinks the horse you're laying will win.

If it loses that is fine, you get to keep his stake money but if it wins then you certainly pay him towards the agreed odds and that I your liability. So if you have agreed to lay the horse at 7.0 for sboarena A�10 in that case your liability will be A�60.

Betfair does not give credit so before you can be involved you will need to deposit some cash to your account. The minimum stake allowed is A�2 so if you're thinking of laying horses you may need a starting bank for at least A�100 and preferably A�200.

There is little doubt that the betting exchanges present an exciting chance of punters to generate a make money from their wagers. Whether you in turn become a backer of horses or someone who lays a horse to get rid of you should apply certain rules if you happen to be to hit your objectives.

One from the big secrets to Betfair success, besides picking the right horses is learning to control and build your bank. Never over extend your bank, never chase loses, never gamble with money that you do not want to lose.