Horse Race Betting - Betfair Turning Losers Into Winners

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, tails they win. It is a great position to stay in. You can achieve the ditto on Betfair.

When you back or lay for the exchange a little green figure happens for the screen against the horse if you have backed it showing the amount you are going to win if successful. Against all the other horses can be your stake money shown in red. If you have laid the horse then this reverse happens. The red figure is next towards the horse you might have laid and all the other runners have your stake profit green less the 5% commission against their names.

On Betfair it really is quite possible to show all those figures green and sboarena obtain yourself into the position that regardless of the results of the race you cannot lose. There are many approaches to build a shed but this is one. It works best on busy racing days like a Saturday or Bank Holiday.

First thing inside the morning try to find horses which are tipped heavily inside racing press. You can also continue line towards the Racing Post web page and look at their set of the tipster's recommendations. Pay particular attention towards the naps particularly those of Pricewise and Trading Post who are able to be particularly influential. Horses which are touted within the press have a tendency to shorten in price because race approaches if you decide to back them early inside day to win you need to get a great price.

As your day continues on and more people back the fancied horse the retail price will shorten both using the bookies and the exchange. You then lay the horse with the shorter price for an amount the desire ensure win or lose you'll profit. If you take a look at screen now you'll see that all of the small figures are green.

Let me provide 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 reduce 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 your win bet but get A�12 from your lay, profit A�2

You will not likely come up with a fortune out of this one bet but as you become more skillful and can set out to spot the warning signs of horses odds lengthening or shortening you might commence to show a comfortable profit.