Financial traders exchange all the time, 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 be in. You can reach the same task on Betfair.

When you back or lay around the exchange a tiny green figure pops up for the screen from the horse when you have backed it showing the amount you will win if successful. Against all of those other horses can be your stake money shown in red. If you might have laid the horse then the reverse happens. The red figure is next for the horse you've laid and all of those other runners have your stake money in green less the 5% commission against their names.

On Betfair it is quite possible to make dozens of figures green and acquire yourself in the position that no matter what results of the race you can't lose. There are many methods to build a storage shed but here's one. It works best on busy racing days like a Saturday or Bank Holiday.

First thing inside the morning search for horses that happen to be tipped heavily in the racing press. You can also go on line for the Racing Post site and look at their list of the tipster's recommendations. Pay particular attention for the naps particularly those of Pricewise and sboarena 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 inside the day to win you ought to get a great price.

As the morning goes on and more people back the fancied horse the retail price will shorten both while using bookies and the exchange. You then lay the horse on the shorter price for an amount the desire ensure win or lose you are going to profit. If you look at your screen now you'll see that all 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 has now fallen in order to six.5 for A�12 to reduce A�66

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

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

You is not going to make a fortune from this one bet but as you become more skillful which enable it to commence to spot the signs of horses odds lengthening or shortening you could begin to show a reliable profit.