Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders exchange on a regular basis, 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 stay. You can achieve the same task on Betfair.

When you back or lay on the exchange a tiny green figure happens around the screen from the horse in case you have backed it showing just how much you will win if successful. Against the rest of the horses is your stake money shown in red. If you've got laid the horse then this reverse happens. The red figure is next to the horse you might have laid and the rest of the runners have your stake cash in green less the 5% commission against their names.

On Betfair it's perfectly possible to change dozens of figures green and obtain yourself in to the position that regardless of the upshot of the race you are unable to lose. There are many approaches to build a garden shed but here is one. It works best on busy racing days like a Saturday or Bank Holiday.

First thing within the morning look for horses that are tipped heavily in the racing press. You can also embark on line for the Racing Post web site and look at their listing of the tipster's recommendations. Pay particular attention on the naps specially those of Pricewise and Trading Post who can be particularly influential. Horses that are touted in the press often shorten in price because the race approaches if you back them early inside the day to win you need to get a good price.

As the afternoon goes on and more people back the fancied horse the cost will shorten both using the bookies along with the exchange. You then lay the horse in the shorter price with an amount the need ensure win or lose you'll profit. If you review your screen now you may see that all the small figures are green.

Let me give you 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 that has now fallen to six.5 for A�12 to reduce A�66

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

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

You won't make a fortune because of this one bet but as you become more experienced and may set out to find the signs and symptoms of horses odds lengthening or shortening you can commence to show a comfortable profit.

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