In my experience to date, "Trading" is the ONLY way to guarantee long term profitability on the Betting Exchanges.
Laying horses to lose is no more profitable than backing them. The effect on profits is akin to backing in reverse.
Simply put; the effect of laying is a long winning streak of small wins interspersed with a [...]
Laying:
A lot of new customers to Betfair are attracted by the prospect of a new style of bet; namely, "Laying", which is being allowed to back the loser of your chosen sport or event.
In relation to horse racing, this is known as "Laying" a horse i.e. Backing it to lose the race.
Laying a horse to [...]
What I am going to outline over this series of articles is a method that can be used successfully for trading horses on Betfair.
I guarantee this method works and will make you a profit with minimal financial risk to your overall betting pot. If you stick rigidly to the rules!!
I am going to have to [...]
One of the biggest Stock Market losers of recent times came in the form of a UK owned online casino operator
Listed in June 2005, it was one of the London Stock Exchange's (LSE) biggest offerings since 2000.
Investors splashed out 1.9 billion, all going to the founders rather than the company itself.
Operating from computers in a [...]
There are certain personality traits evident in all the best traders, whether on Stocks or Sports.
FACT: Not everyone is cut out to be a trader. Trading requires a certain personality type and attitude.
- You must be firm, logical assertive and decisive.
- You must be willing to accept and learn from your mistakes.
- [...]
Age:
Horses all have the same birthday no matter the exact date of the foaling.
This is set in order to allow the configuration of races according to age groups. The date is set as 1 January each year in the northern hemisphere.
Until 1834, the fixed date was 1 May, in line with the end of the [...]
DEAD HEAT
This occurs when, even with the aid of the photo finish, a judge is unable to declare an outright winner of a race. Before the advent of the photo finish there was frequent uproar when the judge declared a dead heat, when it seemed plain to everyone else that there had been a definite [...]
CLASS A
Races on the flat are classified in terms of prize money from the Class A down to Class G. This classification is often used in framing conditions races
CLASSICS
Classic, when applied to a horse race is that term consecrated by long usage.
Classic races are races of longstanding, which habitually attract the best horses and are [...]
CAME AGAIN
A phrase used in the formbook to indicate a horse that has renewed its effort after dropping back in a race
CAMERA PATROL
First officially used at Newmarket, and 30th of June, 1960.
Cameras originally photographed the closing stages of a race from different angles, including head on, and later the coverage was extended to provide, by [...]
BOOKMAKERS
These can be divided into
- those who make a book on the racecourse
- those who operate betting shops off course
- those who operate a telephone credit service or a postal betting service
- firms who operate spread betting services
A number of big firm bookmakers will combine two or [...]