Horse Race Betting - Betfair, Should You Go For Winners Or Losers?
Since 1990 every time a computer whiz called Andrew «Bert» Black developed the technology which allows betting exchanges to function 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 things considerably.
Now a punter can choose if you should back a horse to win or sbobet lay it to shed. Many punters now focus on seeking losers in lieu of winners. In the face it really is have to be considerably easier. For instance in a 14 runner race there is only able to be one winner but you will have 13 losers. It sounds slightly being a «no brainer,» but it's nearly that simple.
The drawback is one thing called liability. When you place a bet with all the bookmaker and provides him your stake money he agrees to give you normally somewhat more if your horse wins. Well whenever you lay a horse you are acting as the bookmaker for an additional punter, the one who thinks the horse you happen to be laying will win.
If it loses that's fine, you are free to keep his stake money but if it wins then you pay him to the agreed odds and that I your liability. So if you have opted for lay the horse at 7.0 for A�10 then your liability will likely be A�60.
Betfair does not give credit so simply uses get involved you will need to deposit some money into your account. The minimum stake allowed is A�2 so if you happen to be pondering laying horses you might need a starting bank that is at least A�100 and preferably A�200.
There is little doubt the betting exchanges present an exciting opportunity for punters to generate a make money from their wagers. Whether you feel a backer of horses or somebody that lays a horse to lose you have to apply certain rules if you're to hit your objectives.
One with the big techniques to Betfair success, besides selecting the correct horses is learning to control and build your bank. Never over extend your bank, never chase loses, never gamble with money that you simply can't afford to get rid of.
Now a punter can choose if you should back a horse to win or sbobet lay it to shed. Many punters now focus on seeking losers in lieu of winners. In the face it really is have to be considerably easier. For instance in a 14 runner race there is only able to be one winner but you will have 13 losers. It sounds slightly being a «no brainer,» but it's nearly that simple.
The drawback is one thing called liability. When you place a bet with all the bookmaker and provides him your stake money he agrees to give you normally somewhat more if your horse wins. Well whenever you lay a horse you are acting as the bookmaker for an additional punter, the one who thinks the horse you happen to be laying will win.
If it loses that's fine, you are free to keep his stake money but if it wins then you pay him to the agreed odds and that I your liability. So if you have opted for lay the horse at 7.0 for A�10 then your liability will likely be A�60.
Betfair does not give credit so simply uses get involved you will need to deposit some money into your account. The minimum stake allowed is A�2 so if you happen to be pondering laying horses you might need a starting bank that is at least A�100 and preferably A�200.
There is little doubt the betting exchanges present an exciting opportunity for punters to generate a make money from their wagers. Whether you feel a backer of horses or somebody that lays a horse to lose you have to apply certain rules if you're to hit your objectives.
One with the big techniques to Betfair success, besides selecting the correct horses is learning to control and build your bank. Never over extend your bank, never chase loses, never gamble with money that you simply can't afford to get rid of.
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