Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders purchase and sell constantly, 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 achieve the same on Betfair.

When you back or lay about the exchange a small green figure arises about the screen from the horse if you have backed it showing simply how much you are going to win if successful. Against all the other horses can be your stake money shown in red. If you've laid the horse then a reverse happens. The red figure is next for the horse you've laid and all the other runners have your stake cash in green less the 5% commission against their names.

On Betfair it's perfectly possible to show those figures green and sbobet obtain yourself in to the position that regardless of the outcome of the race you can not lose. There are many methods to build a garden shed but this is one. It works best on busy racing days say for example a Saturday or Bank Holiday.

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

As the day goes on and more people back the fancied horse the price will shorten both while using bookies as well as the exchange. You then lay the horse on the shorter price on an amount the will ensure win or lose you'll profit. If you research your screen now you are going to see that every one of the small figures are green.

Let me give you an illustration 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 6.5 for A�12 to get rid of A�66

If Dead Cert wins we make A�90 - A�66 (we spend on the lay bet) profit A�24

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

You won't create a fortune using this one bet but as you become more experienced and will set out to see the indications of horses odds lengthening or shortening you may commence to show a reliable profit.