Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders exchange all the time, they take risks however 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 get the same thing on Betfair.

When you back or lay about the exchange a tiny green figure arises about the screen against the horse when you have backed it showing how much you'll win if successful. Against the rest of the horses can be your stake money shown in red. If you have laid the horse then this reverse happens. The red figure is next for the horse you've got laid and all of those other runners have your stake take advantage green less the 5% commission against their names.

On Betfair it's fairly simple to turn all of the figures green and sboarena get yourself in the position that no matter what upshot of the race you cannot 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 inside the morning search for horses which can be tipped heavily inside the racing press. You can also embark on line to the Racing Post web page and look at their set of the tipster's recommendations. Pay particular attention towards the naps specially those of Pricewise and Trading Post that can be particularly influential. Horses which are touted inside press often shorten in price because the race approaches if you decide to back them early inside day to win you have access to a good price.

As your day continues and more people back the fancied horse the cost will shorten both while using bookies and the exchange. You then lay the horse on the shorter price to have an amount the desire ensure win or lose you will profit. If you look at your screen now you will see that all the small figures are green.

Let me give you a sample 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 to 6.5 for A�12 to lose A�66

If Dead Cert wins we make A�90 - A�66 (we shell out about 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 will not make a fortune out of this one bet but as you become more experienced and can commence to spot the signs of horses odds lengthening or shortening you could commence to show a comfortable profit.