Horse Race Betting - Betfair Turning Losers Into Winners

Financial traders exchange on a regular basis, they take risks but you 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 on Betfair.

When you back or sboarena lay about the exchange a tiny green figure arises on the screen against the horse in case you have backed it showing the amount you will win if successful. Against all of those other horses can be your stake money shown in red. If you might have laid the horse then your reverse happens. The red figure is next on the horse you might have laid and all of those other runners have your stake cash in green less the 5% commission against their names.

On Betfair it is perfectly possible to show all of the figures green and obtain yourself into the position that no matter what upshot of the race you cannot lose. There are many methods 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 racing press. You can also go on line towards the Racing Post site and look at their report on the tipster's recommendations. Pay particular attention towards the naps especially those of Pricewise and Trading Post that can be particularly influential. Horses which are touted within the press tend to shorten in price as the race approaches if you decide to back them early inside the day to win you should get a fantastic price.

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

Let me offer 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 containing now fallen in order to six.5 for A�12 to reduce 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 our win bet but get A�12 from your lay, profit A�2

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