Horse Race Betting - Betfair Turning Losers Into Winners
Financial traders purchase and sell continuously, they take risks but 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 attain the ditto on Betfair.
When you back or lay about the exchange a tiny green figure comes up around the screen from the horse when you have backed it showing how much you'll win if successful. Against all of those other horses is the stake money shown in red. If you have laid the horse then a 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 can be fairly simple to turn all of the figures green and obtain yourself in to the position that whatever the results of the race you cannot lose. There are many ways to build a shed but the following is one. It works best on busy racing days for instance a Saturday or Bank Holiday.
First thing within the morning search for horses which are tipped heavily in the racing press. You can also carry on line to the Racing Post site and sbobet look at their listing of the tipster's recommendations. Pay particular attention for the naps in particular those of Pricewise and Trading Post that can be particularly influential. Horses which are touted within the press tend to shorten in price because race approaches if you back them early within the day to win you need to get a good price.
As the afternoon continues on and more people back the fancied horse the purchase price will shorten both with all the bookies and also the exchange. You then lay the horse on the shorter price to have an amount the will ensure win or lose you'll profit. If you take a look at screen now you are going to see that all the small figures are green.
Let me offer 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 which includes now fallen to six.5 for A�12 to get rid of A�66
If Dead Cert wins we make A�90 — A�66 (we fork out about the lay bet) profit A�24
If Dead Cert loses we lose A�10 from our win bet but get A�12 through the lay, profit A�2
You will not likely create a fortune from this one bet but as you become more skillful and may start to spot the signs and symptoms of horses odds lengthening or shortening you might set out to show a stable profit.
When you back or lay about the exchange a tiny green figure comes up around the screen from the horse when you have backed it showing how much you'll win if successful. Against all of those other horses is the stake money shown in red. If you have laid the horse then a 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 can be fairly simple to turn all of the figures green and obtain yourself in to the position that whatever the results of the race you cannot lose. There are many ways to build a shed but the following is one. It works best on busy racing days for instance a Saturday or Bank Holiday.
First thing within the morning search for horses which are tipped heavily in the racing press. You can also carry on line to the Racing Post site and sbobet look at their listing of the tipster's recommendations. Pay particular attention for the naps in particular those of Pricewise and Trading Post that can be particularly influential. Horses which are touted within the press tend to shorten in price because race approaches if you back them early within the day to win you need to get a good price.
As the afternoon continues on and more people back the fancied horse the purchase price will shorten both with all the bookies and also the exchange. You then lay the horse on the shorter price to have an amount the will ensure win or lose you'll profit. If you take a look at screen now you are going to see that all the small figures are green.
Let me offer 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 which includes now fallen to six.5 for A�12 to get rid of A�66
If Dead Cert wins we make A�90 — A�66 (we fork out about the lay bet) profit A�24
If Dead Cert loses we lose A�10 from our win bet but get A�12 through the lay, profit A�2
You will not likely create a fortune from this one bet but as you become more skillful and may start to spot the signs and symptoms of horses odds lengthening or shortening you might set out to show a stable profit.
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