Horse Race Betting - Betfair Turning Losers Into Winners
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Financial traders trade 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. You can get the ditto on Betfair.
When you back or lay about the exchange a smaller green figure comes up about the screen up against the horse for those who have backed it showing how much you may win if successful. Against all the other horses is the 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 the rest of the runners have your stake cash in green less the 5% commission against their names.
On Betfair it is fairly simple to turn those figures green and acquire yourself in to the position that no matter the outcome of the race you can't lose. There are many solutions to build a shed but this is one. It works best on busy racing days such as a Saturday or Bank Holiday.
First thing inside the morning seek out horses that happen to be tipped heavily inside the racing press. You can also go on line towards the Racing Post web site and look at their set of the tipster's recommendations. Pay particular attention on the naps in particular those of Pricewise and Trading Post who are able to be particularly influential. Horses which are touted in the press usually shorten in price because race approaches if you back them early inside day to win you should get a fantastic price.
As your day continues on and sbobet more people back the fancied horse the price will shorten both while using bookies along with the exchange. You then lay the horse with the shorter price for an amount the will ensure win or lose you will profit. If you look at your screen now you'll see that each 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 containing now fallen in order 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 for the lay bet) profit A�24
If Dead Cert loses we lose A�10 from the win bet but get A�12 from the lay, profit A�2
You will not produce a fortune from this one bet but as you become more skillful and may begin to find the signs of horses odds lengthening or shortening you could begin to show a stable profit.
