The great Betfair secret which many people fail to realise for some time is the potential for profits by trading. With a good strategy and a little experience I believe trading is the real revolution in betting.
Betfair and other betting exchanges offer many advantages over traditional bookmakers including –
1) Odds to ‘back’ are often considerably better than most bookmakers. This is particularly the case for the more ‘outsiders.’ For example, a horse with odds of 15-1 in a traditional bookmaker is likely to be offered at more like 18-1 or even 20-1 on an exchange. Over time this can make the difference between profit and loss!
2) The ability to ‘lay’ a selection. This in effect makes us the ‘bookie’ and we can bet that our selection or team will lose. This opens up a whole range of opportunities. Put another way let’s take a 10 horse race. If you lay one of the runners you have nine running for you instead of just one! I advise caution however and you need to follow a proven, profitable laying system to make money.
3) The range of bets available. Let’s take football or soccer betting as an example. Traditionally we could bet that a team would win, maybe that the match would end a draw or perhaps the final score. We now literally have hundreds of betting markets and we can combine these for profit as I do in my Alpha Football Trading system.
As far as Betfair trading is concerned the key feature offered in that of In Play betting. This means that we can literally make bets during the match depending on what we expect to happen. We can react to goals scored, injuries and other things happening and it becomes a live market to trade in rather than a case of place a bet and sit back and hope for the best!
In Play betting is available on a wide range of sports and events from horse racing to tennis, snooker to football. Betting bots are now available which can make incredibly fast transactions and have again enhanced the profit potential. A bot is only as good as the strategy or system it’s used for and this is the first step to successful trading.
The ultimate goal of the trader is to achieve a ‘Green Screen’ on Betfair. This means you have achieved a position that whatever the outcome you will make a profit. This is a fantastic thing to achieve but using a solid system like Alpha Football Trader it’s quite easy to achieve. How much you can make depends on the betting bank you have available and as your experience grows you will see profits rise.