As you'd expect, the risks are greater, in theory anyway. But in practice, you trade differently than you do before the off, so the risks are mitigated by this adjusted approach. Trading 'in play' has grown in popularity since the start of betting exchanges. These days, well over a quarter of all money traded or bet on any race is done after the off, during the race.

There are many strategies for trading horses pre race. Below are my top picks for a combination of strike-rate and profit potential. Note: I explain my entire approach in my ebook course: 'The Pre-Race Trader's Bible'.

This is a technique for spotting early 'movers and shakers' in the betting markets, and then capitalising on their early price movements. It's not difficult, and it's a great strategy for learner traders due to the extremely low-risk, meanwhile teaching a lot about how these horse racing markets behave, and how trends work within them.

Read more about early trend trading. This is a fantastic pre-race strategy which focusses on winning small amounts, but doing so as frequently as possible.

Scalping isn't unique to Betfair, it's an age-old trading method used on virtually every market you can think of. The idea is to find a stable market in which you place a few orders.

Then, as each order gets close to being matched, you take the other side of the bet to earn yourself one green tick. We want runners who's price barely moves, or at least moves very slowly, one tick at a time. For this reason scalping can often be made even easier by just trading a bit further from the off, rather than right before the runners line up as that's when prices start moving more eratically.

In my opinion this is both one of the most satisfying ways to trade the racing markets, and also one of the most useful for learning about price movements and market dynamics. Subscribe for email updates about new articles. Enjoying this article? Please say thanks by sharing This is usually referred to as 'swing trading'.

Some people also use the peculiar term ' cold trading ' due to it relying heavily on raw data, often shown in charts. For most people interested in mastering the pre-race markets, trading horse racing trends is almost certainly forefront in their minds. It's 'the big one', so to speak.

This is where the big money is, it's where the big learning needs doing, and it can be where the 'big pain' is found! It is far from easy, but with some extremely rigid rules, and some good foundational knowledge, it is possible to get to grips with this strategy relatively simply.

Where it gets harder is in learning how to avoid losing what you make on your winning trades by getting one wrong, or getting angry and losing your cool after getting one wrong!

Any aspiring pre-race trader is sure to go through some serious troubles on their journey to mastering this method.

Some say it's more an 'art' than a method, but I disagree, although I do agree it can certainly seem an art while you're on your way to conquering it.

Read more about swing trading on Betfair. This strategy fits neatly between scalping and trend trading. Learning to trade ranges on Betfair can be extremely enjoyable, it's also very low-risk but can earn respectable profits. I have covered this elsewhere but the main basis of the method is to find very slow-moving and non-volatile markets where prices are bouncing around inside a given 'range' of prices.

You can then trade inside this range by backing at the higher end, and laying at the lower end, in either order. Read more about price range trading.

This is another strategy I cover in great detail in my PR ebook. Trading horse racing after the off has seen a huge growth in popularity in recent years, mostly because it can be very profitable but it's also to do with how exciting it can be compared to other strategies.

It's also somewhat less complex to learn than, for instance, trading in the slower-moving race pre -market. Some caution is needed in my view, mainly because once you start trading in-play, the lines between trading and gambling can quickly become blurred.

Many punters actually use very similar approaches to the in-play systems I will cover below, but they use them more as horse racing betting strategies rather than true trading techniques.

I have an article covering many In-Running strategies , but here are my top three picks:. This is the mainstay of most in-play racing trader's activities. Whether or not they win is another matter of course, but this characteristic of their running style is useful because we know that when horses are leading a race, their odds will nearly always shorten, often substantially.

For this reason, racing traders back them before the off, then lay them during the race after they've taken their prominent front-running position. Trading profits are very impressive with this strategy. Better still, it's perhaps one of the easiest strategies for beginners to learn.

There is virtually no intuition needed, and all the decisions are made before the race, relieving pressure during the trade. Read more about trading front runners in-play.

I also have a very popular In-Running eBook. This is not as popular as the front runner strategy, but in my view that makes it more worthwhile looking into! Some horses prefer to run at the rear of the field, out of the jostling of the main pack, in free and open space. These are called Hold Up Horses HUHs due to the way they 'hold up' their pace whether by choice or by their jockey's skills of persuasion!

until the later stages of the race. A horse's form card will show this trait of their running style, in particular the 'pace' information. As you've probably guessed, to trade this method you just do the opposite of the front runner trading method.

You lay before the off, and back it during the race at higher odds, when it's at the rear of the field. This has become quite popular with gamblers since in-play markets became available, as they can get better odds in-running then they would before the off. Read more about trading hold up horses.

I am frequently surprised at how few racing traders use the Lay All strategy. The essence of the method is very simple. Some tracks have tight finishes. A tight finish means various horses with very low odds as they approach the finish line.

By laying all runners, provided you get at least 2 of your lay orders matched before the race ends, you have an instant profit. With a bit of research and ideally some personal testing to fine-tune your selection criteria you can obtain a good strike rate, and whilst the profits are not enormous, they are frequent and come at very very low risk.

What's not to like?! Especially for a novice racing trader. As far as I am concerned this is a prime pick for a beginner strategy, for a variety of reasons:.

For an extensive tutorial on this method, see my Laying The Field ebook. That concludes the in-play section for this page, but there's a lot more detail covered in my article all about trading horses in-running. There's no getting around it, trading can be a tough journey for many if not all who seek to master it.

In racing trading, I firmly believe our own minds are far too often the biggest obstacle to success. Sloppy minds make very bad traders. If you're the type of person who frequently makes promises you can't keep, deadlines you won't meet, or commitments you'll fail to achieve, you're going to need to have a serious talk with yourself.

But, surprisingly, this turned out to be almost as much of a learning experience for me as it has them. What I've learned above all else is how the biggest gains were made by helping people become more disciplined , rather than just by helping them improve their trade execution and analysis.

The strategy stuff was obviously important, but it counts for very little without the necessary discipline to stick to the rules, resist silly temptations, and avoid taking 'questionable' trades. Another vital element in my view anyway is the ability to behave efficiently, inreasingly so as you progress in your trading career.

An example is keeping a trading diary to document your trades, and doing so religiously, and honestly. If you have an aversion to being organised, your trading learning curve will be longer than it probably needs to be.

A clear and organised mind is something I always notice in successful traders. For most of my life I wasn't exactly a very organised person myself.

It was actually trading which helped me i. forced me! to sort that out. You can be disorganised in other areas of life, if you must! But when it comes to the trading itself, and the related stuff like managing your trading bank, planning your trading sessions etc, you need to be fastidious about your organisation.

This will dramatically improve your results and reduce the time it takes you to reach success. In short, just don't be a slob! If you have dreams of one day becoming a professional racing trader, maybe a good start would be to focus on cracking the "professional" part!

I speak from bitter experience again here. I never had much patience for anything, until I saw how my 'hurry' to master certain racing trading methods actually prevented me doing so. It took me a long while to realise this, and I only did thanks to a comment from another successful racing trader who kindly pointed out:.

Take a breath, let the market tell you what it's doing'. Now I am not promoting irresponsible gambling you should only bet or trade with what you can afford to lose. I have used conventional bookmakers and all I can say thanks for the Betfair betting exchange and other betting exchanges like Betdaq that have come on the scene in recent years.

In my opinion there is no contest between a betting exchange and a bookmaker for obtaining better odds and value.

When I trade or bet in the betfair horse racing markets on the exchange not the betfair sports book the interface looks clean and very easy to use.

I do have one criticism of the betfair exchange is its cash out functionality being rather slow to react. To combat this I use specialised trading software like www.

Greening up or cashing out with this excellent software is relatively straight forward I thoroughly recommend this. When using bookmakers there are odds for a particular horse race are lower than betfair and you are betting to a large over round unlike betfair which is nearly a perfect book.

With the betfair betting exchange you are betting or trading against the public. This is a great question and one I feel very well qualified to answer. In my opinion trading and betting at the same time in a betfair horse racing market should be avoided.

You need to do one or the other as each approach has a different end game which I will explain. When trading on the betfair exchange you are trading an amount of money with a small risk at horse race pre race off for a smaller return and repeating this process where appropriate until the race starts.

With betting you are aiming for a larger return for a smaller stake while the horse race is in-play at greater risk as the horse has to win the race. You could argue and say well I can lay my selection at lower price in-play and yes you can.

But I view the latter approach as trading a betfair horse racing market not betting and this comes with risk for a smaller return in the long term with less risk. This can be seen with punters or traders using the old system of Dobbing — double or bust you might place £10 on a horse race to make a profit of £10 if the horse reaches a required lay price in-running and if not lose £ In my opinion Dobbing horses require a high strike rate and you need to have researched your horse selections to adopt this approach.

LOSE LESS: Lazy punter reveals how to quickly pick more winning horses while staying married and keeping the house!

JOHN CUTTS. Customer reviews. How customer reviews and ratings work Customer Reviews, including Product Star Ratings, help customers to learn more about the product and decide whether it is the right product for them.

Learn more how customers reviews work on Amazon. Images in this review. Sort reviews by Top reviews Most recent Top reviews. Top reviews from United Kingdom.

There was a problem filtering reviews right now. Please try again later. Verified Purchase. brief, to the point. Consists of just a few pages. Tested the strategy fully.

Total rubbish. As I say to short but I will try with pounds rather than hundreds and see how it plays out in the real world. Early days but theory makes more sense than most. I like matched betting. I like bob adams's books they are simple to read and understand.

Do they work? Who knows over time. There are just 3 rules to this system. Concentrating on AvB on Betfair, which of two named horses will finish ahead of the other , a horse is a selection if it meets at least 2 of the 3 rules, one of which is that the lowest drawn of two horses is best.

What rubbish, the draw advantage varies from course to course. I've done a dry run and the system is total rubbish and a sham. I paid £0 via my Amazon Prime membership and that was too much for this rubbish!! This may work and it May not.

The problem being I can't find the AvB markets he talks about.

Make money without the need for a bookmaker. Learn how to trade on the betting exchanges with Pro Trader, Caan Berry. The selected theme will be applied site wide, with the exception of offer where only one exchange can be used.

You should convert your £5. That gives you a profit of £2. Your best option is to lay your multiple at Smarkets , as their platform allows you to build any multiple and lay it as one bet.

Therefore, you can place your multiple bet at the bookmaker and then build and lay the same multiple at Smarkets. All reload offers. Matt Kirman — Matched Betting Blogger. Subscribe for regular offer updates, tips and tricks, big offer alerts and more.

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Welcome, Login to your account. Forget password? Remember me. Sign in Recover your password. horse racing. What Makes a Good Betfair Trading Strategy? By Martin in Blog. Add new comment. By Ryan Carruthers in Blog. The first post from The Betfair Trading Community's Meet the Members series was so popular, we are continuing to champion the good.

Best Sport to Trade on Betfair - Horse Racing? Grand National Preview. Cheltenham The roar is back! Are you ready for that roar again?

the festival of all festivals and as traders on Betfair, I know that you are actually buzzing to get started, come on you can admit it?

The result being, that whichever horse wins the race, as long as it is not the one you chose as the one you want to lose, you will make a set amount of profit. To do this in a real life situation in a bookmakers as the horses are at the post, you have to be a mathematical savant or some other form of genius, and you may also get a rather strange look from the staff at Ladbrokes.

They do all the math and present you with a single decimal odd for laying your selection. Laying horses can be attractive and profitable to seasoned professionals who attend race meets and can visibly see a horse directly before a race.

Satellite Information Services are available for those with an enormous budget, but even so, they may not focus directly on the horse you are interested in so may not give you any real clues pre race. This is a terrible race to try and lay select and I will explain why.

The professional lay punter will go to the paddock 15 minutes before the race just as the horses are going down and will see that the favourite in this race is in fact very nervy, the eyes are jumping, the sweat has turned into white foam, the head is down and he refuses to canter or gallop.

Meanwhile the other 3 contenders are lightly sweating with a glossy shiny coat and bright steady eyes. They are cantering and galloping around with their heads and ears pricked up. This is what you are up against trying to outwit the professionals, the bookies, the market and Betfair.

It can be done, but please heed my words of caution. Without seeing the runners and riders before this race, it would be impossible to say with any certainty which of the major contenders is going to win and which will lose, and the main problem with laying is the enormous cost of paying for the rest of the field should your lay selection go on to win.

Always remember the comparison with Dutching in that you are betting on every other horse in the race to win with wagers that return an equal amount whichever horse wins. In other words, should the horse you left out of the Dutch win you have to pay for every other horse in the race.

Also and this is a very serious point that many punters laying on Betfair are totally missing. To back this up lets examine the fiscals:. Betfair uses decimal odds to facilitate the Stock Market style trading and hedging that helps make it so popular.

To get the decimal odds add 1 and then 0. The prices do reflect the Bookmakers prices, but are more lenient as we are betting against other punters, not the bookies. So the favorite will be at around 4. The difference between buying and selling a share equates to the difference between backing and laying a horse as detailed in Part 3 of this series.

It is always more expensive to lay a horse than to back it, this has to be otherwise the book would not add up. If you lay this horse to lose for £1 at 4. All very good. However, if perchance the contenders do not perform, your horse suddenly wakes up and goes on to win, then you have to pay for every other horse in the race that lost.

So let us examine this data from another perspective; it can be said that you are going to need 5 of the above type of lays to make enough profit to pay for 1 race where the horse you laid goes on to win i.

a losing bet. And, this example is laying the favourite at the lowest odds of all the horses in the race. Averaging these figures we could say that approximately 1 in 3 races are won by favourites. Are you that good at spotting weak favourites??

This is the reality of laying horses on the betting exchanges. You are ticking along nicely……bam! Just one predicted loser wins and you are back to square one. And I can tell you it is more than just deeply irritating.

The amount of mental energy and anxiety that you can expend on the Betting Exchanges is astonishing and really is something that should be factored in by anyone thinking about using Betfair to make serious money. Picking horses to win or lose is mentally draining. The research, the study, the angst, the mental debate and arithmetic required to pick a horse to win or lose with any degree of certainty, and follow it through the stalls round the course and through to the finish will leave many punters thoroughly drained after a few races, and then to see it all thrown away on the last race of the day can be utterly soul destroying.

Obviously the same scenario with a final race victory will be thoroughly satisfying. But in either scenario DO NOT underestimate the amount of mental work, anxiety and stress involved in making a living from Betfair.

Betfair Trading Part 5: Want A Tip? 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 large loss as oppose to backing which is a long losing streak of small losses interspersed with a large win.

It is not till a failed lay is experienced that reality bites. Indeed most novice punter pots will only be able to sustain a run of 3 failed lays before they are broke. The idea that there are 16 horses in a race and all you have to do is pick one that has no chance of winning, and watch the profits roll in, is an extremely potent aphrodisiac for punters looking for something new.

With so many race meets every day of every year the quality of a lot of meets is so poor that there is absolutely NO WAY of accurately sorting out the wheat from the chaff. It is a lottery, pure punting, especially through the winter months when the reasons for turning out horses in different scenarios are often muted and many horses are not running to form.

Horses that pundits and tipsters make out are ready for the knackers frequently go on to win races. Horses after all, are JUST animals. You can study the form, the conditions, the track, the pundits and tipsters spotlights, the breeding, stall numbers, jockeys, owners, trainers, the list goes on, but I will tell you this from experience.

Feel free to waste thousands of pounds verifying this information for yourself or you can take it from me. Any horse that makes it to the stalls can win any race on its day.

And any horse that is a dead cert can lose. That is the reality of betting on animals. You can make some slow progress laying horses admittedly and you can lose money quite slowly.

The data is computer generated and he tests a variety of laying systems and analyses the data very carefully. However you will never be able to lay the horses at the SP odds posted on the site. In fact you will never get a lay price at SP full stop. Do not waste money on paid tips on the internet for laying.

There are one or two that seem to have credentials for selecting horses to back, but even with the best you will be paying way over the odds with no guarantees and you should always back up any tips with your own research.

If you are thinking of trying the dubious world of tipsters please visit the site below before you go any further. The site is independent of the tipsters so punters can see exactly how their proposed tipster is performing. To really get a feel for who knows their game and who is bluffing study the figures over a prolonged period of at least 6 months.

But ultimately, the results vary month by month, and they usually average out to a small profit or loss and you then have to factor in your subscription fee. When I was starting our punting I found using the current leader of the Naps competition and Pricewise to be just as efficient at getting a good supply of hopefuls as anywhere else.

uk, where experienced racing journalists for different rags compete against each other to fictional £1 level stakes. They must provide one daily tip over the course of an entire season. The rest all make less profit, break even or make a loss. Ask yourself. If these guys cannot consistently pick winners when it is their job, how on earth will the chancers who have thrown together a website and claim dubiously to know trainers, owners, stable hands and bookmakers.

While desperate punters still pander to these con artists these sites will come and go taking your money with them. In a nutshell it relies on backing the most likely 3 or 4 horses to win a race and calculating a set amount of profit that you want to make should any of these horses win, by varying your stakes across the differing odds offered on each horse.

There are free and accurate calculators available on the internet that do all the math for you. As with laying the aim is to look for suitable types of race and really focus on those where you are backing the only horses which have any real chance of winning the race, and the total cost of doing so is not prohibitive.

The free calculators can be a great pointer as to what to look for. But, to be successful it requires a great deal of skill and focus as you have to find the correct race where the layout and spread of the odds across the race are suitable, all major contenders are going to run to form and so on.

You also have to watch out for non runners which can mess up proceedings totally in advance of a race if a favourite pulls out. Similar to laying you will have to win 3 or 4 races on average to pay for the one loser which may come in to ruin your day. An excellent dutching tool is provided by Bet Angel professional.

It looks at races and tells you automatically if it is a viable dutching opportunity, does the math for you based on your requested profit level and even allows you to modify the profit levels for an individual horse.

For example when there is a favourite that you really fancy you can increase the profit from the dutch should that horse come home first, request a lesser profit for the second favorite and request a scratch on the third favourite. The tool below is a simple but effective no frills dutching calculator with full instructions and provides a good introduction to dutching.

Many punters successfully use dutching long term so it should be rated more highly than laying and backing individual horses. I regard it as a halfway house between punting and trading. I use TradeHost for fully automated profitable trading and betting in the UK, IE, AU and US horse racing markets.

I started with a free TradeHost Lite in All Betfair Horse Racing Reviews I share are at JuiceStorm. A summary of the ten most recent reviews is looked after by Rose. Latest posts by Pat Fielding see all.

Racing Traders has over 20, registered members and more join every day. Find out why with a free trial. Successful Betfair Traders have the simplest Betfair Trading systems. The difference is their selection process, experience and execution level.

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News Sport TradeHost Buy Results Charts Privacy Terms AI Contact Telegram Reviews RSS Trade Tweets. The Panthers and the Broncos will do battle in the NRL Grand Final this Sunday!

It should be a cracking contest and as always, we have you covered with a full preview and best bets! The penultimate game of the NRL season takes place at Suncorp Stadium, as the Broncos face off with the Warriors.

Ben Bridge offers his thoughts and betting strategy for the match here! The first NRL game this weekend heads to Homebush, the venue for the Grand Final next week, with the Panthers hosting the Storm. Catch our preview and best bets for the match here!

After the most exciting and high quality NRLW season, just 4 teams remain as they battle it out for a spot in the Grand Final next week. We preview both matches and bring you our best bets here! Check out our preview for Warriors vs Knights here! The NBL is the largest basketball competition in Australia with a rich history of developing the country's best basketball talent.

The NBL has enjoyed a resurgence in recent years and we'll have NBL tips and betting previews for every match of every round for you right here. The NBL24 Play-In Tournament includes a double-header on Wednesday night with the second game being the Sydney Kings and the New Zealand Breakers.

Catch our full preview and best bet here! The first game go the Play-In Tournament is the Seeding Qualifier between the Tasmania JackJumpers and the Illawarra Hawks. Find our full game preview and best bet here! The NBL24 regular season will come to a close on Sunday night when the Adelaide 36ers host the New Zealand Breakers in the final game of Round Find our preview and best bet here!

The final round of the NBL24 regular season is upon us and what a weekend of hoops it promises to be. We bring you our best bets for every Round 20 game here! Round 20 in NBL24 continues on Friday night with a juicy double-header. First up on the night is a crucial battle between the New Zealand Breakers and the Brisbane Bullets!

The final round of the NBL24 regular season begins on Thursday night in Wollongong with the Illawarra Hawks taking on the Perth Wildcats.

Then penultimate weekend of the NBL regular season concludes on Sunday afternoon with another edition of the Freeway Series.

Find our Kings vs Hawks preview and best bet here! NBL24 Round 19 continues on Saturday night where the usual double-header is on the cards. Second up is the Wildcats vs Taipans and we have a full game preview and best bet here! There are six games on the schedule in NBL Round 19 with action set to play out from Friday through to Sunday.

We have you covered with our free preview and best bet for each game! The penultimate round of the NBL24 regular season begins on Friday night with the New Zealand Breakers hosting the Illawarra Hawks at Spark Arena.