Horse Race Betting - Betfair Turning Losers Into Winners
De CidesaWiki
Financial traders trade on a regular basis, 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 be. You can achieve the same task on Betfair.
When you back or lay on the exchange a tiny green figure happens around the screen against the horse in case you have backed it showing the amount you may win if successful. Against all the other horses is your stake money shown in red. If you've laid the horse then a reverse happens. The red figure is next on the horse you've got laid and all the other runners have your stake take advantage green less the 5% commission against their names.
On Betfair it is quite possible to show all those figures green and have yourself into the position that regardless of the upshot of the race you are unable to lose. There are many ways to build a storage shed but this is one. It works best on busy racing days such as a Saturday or Bank Holiday.
First thing in the morning try to find horses which can be tipped heavily in the racing press. You can also carry on line to the Racing Post internet site and look at their listing of the tipster's recommendations. Pay particular attention to the naps specially those of Pricewise and Trading Post who is able to be particularly influential. Horses that are touted inside the press usually shorten in price because the race approaches when you back them early inside the day to win you should get a good price.
As your day continues on and more people back the fancied horse the cost will shorten both while using bookies and also the exchange. You then lay the horse with the shorter price to have an amount the will ensure win or lose you are going to profit. If you take a look at screen now you'll see that all the small figures are green.
Let me provide you with 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 includes now fallen to six.5 for A�12 to lose A�66
If Dead Cert wins we make A�90 - A�66 (we pay out about the lay bet) profit A�24
If Dead Cert loses we lose A�10 from our win bet but get A�12 in the lay, sbobet profit A�2
You is not going to create a fortune out of this one bet but as you become more knowledgeable and may start to spot the indications of horses odds lengthening or shortening you can begin to show a steady profit.
