How To Profit On Betfair: Trading On Sunday

With racing now 7 days a week, it can be difficult for a professional trader to have a day off. Well, you would think so anyway, but that is not the case. Although the summer months can be tough, with racing continuing until 9:30pm, their is one day that should never be traded on. That is a Sunday.

 

Why is this? Well, the main reason is that as many professional traders and gamblers take Sunday off, it means that there is a lot less liquidity in the market than normal. Less liquidity means that the odds are likely to fluctuate more. This is even more extreme for those Betfair traders who bet in-running. With little money in the in-running market, it means that stop loss triggers are often set off, when they wouldn’t be on any other day of the week. As any professional Betfair trader will tell you, the more times a stop loss is triggered, the more likely the day will result in a loss.

 

Even trading pre-race on a Sunday can be a minefield. With less money around, when someone puts a big bet in the market, the odds can move a good few ticks. Again, this can trigger a stop loss when normally it would not have been. If you are clever, you can take advantage of these market swings, but to be honest, if you profit 5-6 days of the week, then there is no need to find a different technique to profit on a Sunday. Take the day off, or go through the trades of the previous week to see if you can refine them.

 

How To Profit On Betfair

How To Profit On Betfair

Many people want to know how to make money on Betfair, but there is no simple answer. This is because so many ways exist. You can do normal win betting, but you can also lay horses to lose as well. Win2Win Racing membership offers both of these methods, and they have proven profitable over the long term.

 

I mention the words ‘long term’ as they are very important when it comes to gambling. Unless you gamble in a stupid way, you will only make profits slowly, especially when starting off as your bank will be low. When it comes to laying, it is normal to only make around 3% profit in the £1. So if your stakes are £2, then after 50 bets and £100 staked, your profit should be around £3. That does not seem much, but that is the way it works in the real world. This profit is referred to as return on investment, and in this example would be 3% ROI.

 

When it comes to win betting, the ROI% is usually higher, this is because with win bets you get better value for money. Having a system with a 20% ROI is not unknown, but usually they will be between 3% – 10%. What these examples show you is that against popular belief, it is actually easier to profit from win bets, than lay ones.

 

Another way to profit on Betfair is to back or lay in the place markets. These markets have no relation to bookmaker EW prices, so do not waste time trying to compare them. One thing to note with these markets is that non runners do not change the pay out. Unlike a normal bookmaker who will reduce the pay outs to 2 horses, if a race goes from 9 runners to 7 runners (2 non runners), Betfair will still pay the top 3. There have been instances when a race has cut up to 4 runners, and Betfair still paid on the first 3 home. Although the prices will reflect this, you can still gain an advantage.

 

Some people will profit on Betfair by trading the prices. That is, back a horse at say 2.2, and then lay it at 2.18. This then gives a 0.02 profit. Most traders will profit before the race starts, and then move onto the next race, regardless of who wins or loses. Some people can trade, some can’t. It takes a lot of patience, and trial and error. Finding a trigger to exit the market, is just as important as getting in. Most people fail at trading as they do not get out the market early enough.

 

It is also possible to profit on Betfair by trading in-running. Sometimes people will look for a horse that will likely shorten in running. This is often the case with front runners from 1 mile up. Again, people fail at this by not exiting early when the market goes against them. The best advantage that an in-running gambler can have is being on the track. This gives between a 2-4 second advantage over those watching on TV. This may not sound like much, but it equates to a few lengths.

 

Betfair offers many markets in which to gamble and trade on. A popular bet is trading on the Under 2.5 Goals markets in games expected to be low scoring. A 10 point offset with greening is usually the way to go, and it is better if it is televised.

 

If you want to start profiting on Betfair then join Win2Win Racings membership. If you are looking to try trading on horse racing, then the best software around is Betangel. I profit from all of the above techniques.

How To Profit On Betfair?

Everyone who bets would like to profit consistently, and these days I often get asked ‘How to profit on Betfair?’

With Betfair offering better odds than the bookmakers in the majority of cases, especially on horse racing, it is now easier than ever to make from gambling.

Thousands of techniques, whether they be manual or systematic, exist in order to make long term profits, and I use a number of them myself, which includes normal betting, laying, and trading the odds on Betfair.

For a beginner the easiest way is to get hold of a horse racing system that is profitable, I sell a few on this site, and these are ones I have used myself for years.

DO NOT follow newspaper tipsters, they are paid to tip a horse in every race, and mention many more, unlike myself, they are not professional gamblers, just journalists with an interest in horse racing.

Once you have a profitable system, all you need do is just follow the rules. DO NOT deviate from them, I have seen many people turn a profitable system into a losing one over the years by deciding not to back certain qualifiers for one reason or another, and then when they lose the betting bank they blame the system!! If they had stuck strictly to the rules they would have been in profit.

To be honest, you are always best running at least 3 systems, this ensures that if one hits a losing run, the other 2 usually hold it up. Do not cluster win systems with lay ones though, you are best having 2 separate Betfair accounts, one each for backing the other for laying. This is because laying can be very volatile and can half the betting bank in just a few days.

If you have 3 win systems to follow then you do not need 3 betting banks. You can leverage 3 betting banks from just 2. Simply put, if you are starting with £100 per system, that should be £300 total. However, as this will never all be used at any one time betting 3% you can just use £200. Do not leverage more than that though, you have seen what happened to many UK banks when they did that!

You will also find a few ways to profit on Betfair by looking at the stats on this blog and putting your own system together, though I would recommend including a proven system as well if you are going to formulate your own rules based on stats.

If you have any questions about ‘How to profit on Betfair?’ then just ask on our horse racing forum.