Financial traders purchase and sell all the time, they take risks but they are skilled at «protecting their position». In non technical term covering options, heads they win, sboarena tails they win. It is a great position to be in. You can get the same task on Betfair.

When you back or lay on the exchange a small green figure pops up about the screen up against the horse when you have backed it showing just how much you'll win if successful. Against all the other horses will be your stake money shown in red. If you might have laid the horse then your reverse happens. The red figure is next towards the horse you have laid and the rest of the runners have your stake money in green less the 5% commission against their names.

On Betfair it is fairly simple to make all of the figures green and have yourself into the position that no matter the outcome of the race you can not lose. There are many approaches to build a shed but here is one. It works best on busy racing days like a Saturday or Bank Holiday.

First thing within the morning search for horses which can be tipped heavily inside racing press. You can also embark on line towards the Racing Post web site and look at their set of the tipster's recommendations. Pay particular attention to the naps especially those of Pricewise and Trading Post who is able to be particularly influential. Horses that are touted in the press have a tendency to shorten in price because the race approaches when you back them early in the day to win you should get a great price.

As your day proceeds and more people back the fancied horse the retail price will shorten both using the bookies and the exchange. You then lay the horse in the shorter price for an amount the need ensure win or lose you may profit. If you take a look at screen now you will see that every one of the small figures are green.

Let me present you with a good 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 includes now fallen to six.5 for A�12 to lose A�66

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

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

You is not going to come up with a fortune using this one bet but as you become more knowledgeable and can set out to find the indications of horses odds lengthening or shortening you can set out to show a reliable profit.