We will firstly back the horse and in case the odds fall, we will close our position putting a lay. To be quite honest, scalping and swing trading are the two most talked about strategic approaches. You just need to find it and then behave accordingly — the toughest part. It turned out to be a good decision because the Sunday night was a great night that carried on in to the early hours in the hotel lobby long after the bar had closed.
Laying of a favourite, also known as false favourite
In the following post I am going to make money trading horses you different ways on how to make money laying horses on Betfair. It is one of the best ways to increase your winnings from horse racing as it gives you another option that up until the onset of betting exchanges was hard to master. Before betting exchanges were in existence, if you wanted to lay a favourite, you would have to back all the other horses in the race! Now with Betfair exchange, you can simply click a button and lay a favourite, or indeed any number of horses in a race. If you fancy becoming better at spotting favourites that are going to lose and therefore spotting where the value is in the market, check out Easy Life Winners — Class Always Winswhich is the perfect introductory guide for people new to form reading.
How Many Trades Per Day?
As an example, we will refer to a Brighton race which offers the favorite horse at odds of 3. Upon entering this menu, we apply the following changes:. Then, if we want to bet on the favorite horse, we enter our stake and our screen looks like this, depending on the amount. If on the other hand we wish to lay the favorite, then we will face a screen like the following:. We will firstly back the horse and in case the odds fall, we will close our position putting a lay.
What Is Trading On Betfair?
In the following post I am going to show you different ways on how to make money laying horses on Betfair. It is one of the best ways to increase your winnings from horse racing as it gives you rtading option that up until the onset of betting exchanges was hard to master. Before betting exchanges were in existence, if you wanted to lay a favourite, you would have to back all the other horzes in the race!
Now with Betfair exchange, you can simply click a button and lay a favourite, or indeed any number of horses in a race. If you fancy becoming better at spotting favourites that are going to lose and therefore spotting where the value is in the market, check out Easy Life Winners — Class Always Winswhich is the perfect introductory guide for people new to form reading. After reading the guide, you will know which favourites to back and which to lay on Betfair Exchange.
There are a number of ways to make money laying horses on Betfair but here is a summary of the easiest ways. Lets now look into each strategy in detail and you can then choose which method suits you to start making money from laying horses on Betfair. Bar mkae the easiest way to get started is to lay favourites on Betfair that you think are overpriced or false favourites.
Finding favourites to lay is easier than you think. Only 1 in 3 favourites win so therefore the odds are stacked in your favour. However this does not mean you can lay every favourite and expect to make money. In fact you would lose all you cash very quickly. When laying a favourite you need to identify which favourites are true favourites and which favourites are false favourites.
Once you master this, ma,e can expect 4 borses every 5 favourites you lay to go on and lose. The losing runs would be very tradding and you would grow your bank consistently. However when we lay favourites with a maximum lay bet odds of 5. So if our average lay bet odds are 3. I would urge everyone to have a lay method as well as a back method. Both work well. The media pumped up the reputation of this horse as if he was a superstar just because it was trained by Willie Mullins and because he had a good record record in this race.
However when you look at the form of the horse coming into the race, he had a blemished record, losing two races in France. He also had two facile wins against poor oppositie in Punchestown. Also the contours of Punchestown race courses which is a predominantly flat curse is totally different to the severe undulations of Cheltenham.
This to me was the perfect example of a hyped up horse by the media. You cannot find over-hyped horses on a daily basis but you can definitely find 3 to 5 favourites each day that are overbet by the recreational punters. If you fancy becoming the bookie and profiting when a horse loses then LayZy Profits is the perfect tipster for you.
Check out his winning graph here proofed results. You first need to reverse engineer where recreational punters get their information to find the selections they are about to place. So we now know that recreational backers will place bets quickly with limited research on their selections. Even if they do perform some research, it is using traxing known factors that are already incorporated into the early morning prices. Therefore we need to look at stats that are horsew overlooked by the betting public or at least spend more time on the more commonly available stats to determine a weighting for each stat so we can come up with our own ratings our tissue prices.
A lot of the newspaper tipsters have very limited time as they tend to tip up a horse in each maje, so all they can really do is look at the stats above to make their short list and pick a horse quickly. If everyone is doing tradimg similar research or backing tipsters who use similar research, of course they will be lots of favourites horsds and that is where we can make some money by laying.
Make sure if you use trainer at course stats that you trafing how their strike rate is broken. A trainer may be down overall for one track, but on deeper inspection, he may be a huge winner at 2 year-old non handicap races but a loser in every other race type. I know this info can be found for free on the Racing Traing, but it takes a few extra clicks to get it, which at least puts you ahead of traring lazy recreational punter.
UK punters still do not make full use of speed figures here and it is also hard to get your hands on some good pace scores. Therefore you make money trading horses to pay to get this information. You can use websites tradin informracing.
Some horses cannot perform in big fields and you will see their strike rate explode when they race in fields of 7 or. This is one often overlooked stat. Do you understand how much the age of a horse has an affect on the ability of a racehorse?
Do you know that female horses have a terrible record when racing up against their male counterparts? Did you know that Gelded horses actually have a worse record than make money trading horses horses?
Some horses will only perform in certain times of the year. It is always good to look over this information. Sometimes a horse will finish in 4th position but the speed it posted was in a very fast race and did not get penalised mame the handicapper. Spotting these type horsew horses is a gold. If we consider the above factors with all the regular form analysis, then we can find favourites that are overbet and lay on Betfair. There are countless ways to analyse a betting market and some of the biggest betting syndicates use over variables when coming up with their tissue price.
Therefore always look at different ways to spot a factor that would influence the position of mobey horse in a horse race. You then need to apply a weighting to those factors how important that factor is and come up with a rating for each horse in the race. If you spot a horse priced at 3. Double check the horses form and class ability to ensure tradinng you didnt miss.
Once you are happy that there are at least 2 other horses in the race with class ability, then you have yourself a lay bet! No longer can you just put lay bets of 2. Some punters look for horses that were favourite but can never seem to finish the job when it comes to the last furlong of the race. You can look at the current favourites using timeform racecards ohrses input the going and trip data for today and see what the favourites strike rate.
Look to see how low it went in the in play betting market. If you it has lost twice at hroses below 1. You use pace analysis of a race monet identify horses that you think will halve in price during the race.
The strategy here amke to find horses who like to lead and are in good form and have all the conditions to suit.
Once you find a selection, back the horse horxes the current tradingg using Betfair exhange fixed price. The horse has shown that it tradint lead near the closing part of a race on 2 of its last 3 occasions, proving that it is a leader. As it is joing favourite, the market is telling us that the horse has a reasonable chance of winning, therefore we are expecting a decent run.
If the horse does as expected and drops in price to trrading 2. It means you can trade out of any bet you have placed normally. So this means if your horse is shortening in price, you can cash out mmoney lock in a profit no matter what happens. Now you simply press the Cash Out button. Here is a video explaining how it works.
Go to any Betfair horse racing market and click on the graph symbol beside any horse you choose. As we are dealing with favourites alot in this post, we shall look at the favourite in the 3. Therefore this means that the correct odds based on betting volume should be 3.
There are 2 ways to get started as a layer and both require you to paper trade your lays first until you have paper traded at least 50 winners to ensure that the system or method you use is the correct one. If you do not want to waste time learning any of the strategies above then you must pay to get the information so we recommend subscribing to the best laying tipsters.
First and foremost though is that you require a Mske account. If you do not know how to place a lay bet then check out our user guide and video here on how to lay a horse to lose on Betfair. Learning how to to make money laying horses is still hard work and you must understand that it makw still a form of gambling so nothing is for tradlng.
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Read Review. Tradkng Betfair Exchange.
£10 Stakes — £5 profit — Pre Race Horse Trading [Simple Markets]
What is the easiest way to win laying horses?
If I got it wrong I would trade out immediately well that was the plan. Thus the majority of traders should never assess and judge their own trading behaviour over a very short period of time. Top Bookmakers. The reasons I tradinh make money trading horses is tracing there are races in the UK and Ireland almost every single day of the year, the markets are among the most liquid of sports on the Betfair exchange and I knew as close to nothing about horse racing as there was to know. Post Your Comment Name. They also have a long history of being poorly managed and it is fair to say that having realised the profits they can screw out of punters using their sportsbook as opposed to the exchange, the exchange has been dropped from the top of their priority list, which is make money trading horses shame. Situations do alter from time to time. They also allow you to see full market depth instead of just 3 prices either side of the current best available prices on the Betfair website. I decided that I was finally ready to start scaling up for the final ten days.
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