Betfair Trading
(by Amazing Lay Profits)
Betfair Trading
Many people are now discovering Betfair Trading and i think you should be taking an interest in it as well. If you are already a Betfair user then you might already be familiar with this style of betting. Apart from backing and laying odds, you are able to "trade" them. Trading on betfair means that you either back odds then lay them for lower to guarantee a profit or you lay odds and then back them at a higher price to guarantee a profit. The main principal here is to "Back High and Lay Low". It doesn't matter which one you do first.
Betfair Trading can be very rewarding but it is not easy. There are a variety of different markets to trade but perhaps the most popular is Horse Racing. I trade Horse Racing markets frequently but it requires watching the screen for serveral hours waiting for an opportunity. This type of Betfair Trading is very fast-paced and very enjoyable, if you can do it right.
Some of the most successful Betfair Trading experts claim to earn around £1000 per week from trading. I've witnessed first hand proof of this but it requires stakes of up to £1000 for each trade. This means that if you wanted to make £1000 every week, you'd need to have around £1000 to begin with.
BetMatching.co.uk has some information about how to get started with Betfair Trading and provides some trading tutorials and resources that should help you. We hope the information on this site will give you a good start on how to trade Betfair Markets for profit.
Bypassing Minimum Bet on Betfair
The minimum bet on Betfair is £2. However, placing a bet for under £2 is easy. Betting for under £2 is useful because it allows you to test out strategies without commiting a lot of money. Here is how to back for under £2 (we will back for 25p)
We want to back Davenport to win for 25p. The first step is to offer to back at higher than the current odds (i usually choose 100 for backing and 1.01 for laying). So offer to back Davenport for £2 at odds of 100, your bet will be displayed as unmatched.
Click on the "Continue" button to modify the bet. Now enter the amount you want to back onto the original £2 that was already there (in our case, our stake should be £2.25):
Click "Submit" then "Continue" to submit the bet. You should now have 2 unmatched bets displayed. Click on the "X" next to your £2bet and then modify the odds of your 25p to the current back odds:
Now click "Continue" and then "Continue" again. And that's it! Simple! You have now made a bet of 25p. Your screen should now look like the first picture in this tutorial.
To lay for under £2. All you need to do is follow the same steps but instead of offering to back for 100. You need to offer to Lay for 1.01.
Good luck! Amazing Lay Profits
Learn how to make a lot of money using Betfair/Betting Exchanges! http://www.amazing-lay-profits.co.uk & http://www.amazing-lay-profits.com
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How to make amazing lay profits using betting exchanges! www.amazing-lay-profits.co.uk
How to make amazing lay profits using betting exchanges! www.amazing-lay-profits.co.uk

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