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And the most fundamental aspect of any kind of trading — whether it is sports betting, the stock exchange, real estate or retail trading — is the idea that the price of the good being bought and sold will fluctuate. Weight of money, or weight of movement, relates to the amount of demand that the market has for either the backing or the laying of a horse:. The beauty of online betting exchanges is that we, the traders, can see exactly how much money is in the market for a certain selection, and how that money is changing in real-time.
This allows us to predict the price change given the weight of money in either the back or lay direction. On Betfair, we can see exactly how much money is on the lay-side of the current price, and how much is on the back-side. If there is a significant difference of money between the back and the lay sides of the price, we can use that information to predict the price trend, and either back or lay that price to close out when the price moves in our predicted direction.
The problem with weight of money calculations is that the market can, in essence, be manipulated. A trader with a very large bank of money can create the illusion that a horse is heavily favoured, but in reality they are just spooking the market, drawing in backers or layers, only for them to pull their orders out of the market at the opportune time.
That said, weight of money can be a very good indicator of market trends in heavily traded events. The Cheltenham Festival and Grand National are unlikely to be fazed by a single trader, and in these instances weight of money can be a good friend. Peter Webb shares a large amount of great tips on the Bet Angel YouTube channel , and Caan Berry shares good information on his channel too.
After all, why would professionals give away their edge to you — a stranger — free of charge? As we mentioned earlier, pre-race approaches to horse racing rely on something known as technical analysis: this is a financial trading term which implies that our trading decisions are made on market price and volume considerations only.
When the online betting industry exploded onto the gambling scene in the earlys, in-race trading was something new and exciting. It still is exciting, but the optimism of the early days has been superseded with the acknowledgement that the same old rules apply to this kind of trading as it did in the days before Betfair and internet connections were commonplace. But despite this, in-race trading has definitely opened up some special opportunities; those with knowledge of racecourse peculiarities and handicap ratings can get an edge in the market — and not just in the minutes before the off, but while the race is actually in flux.
Imagine that we know that a horse runs well in the first half of a race, but in the last half its performance is wildly unpredictable. In this case, we would expect its odds to shorten in the first half of the race from its pre-race price, meaning we could back pre-race at higher odds and lay at shorter odds at the half-way point.
Alternatively, we could lay mid-way at low odds with the horse out in front, knowing that there was a good chance it would fall back and then back at subsequently higher odds. So that wraps up this little excursion into just some of the Betfair horse racing betting tips and strategies you can use when trading. This post was written by Luke Jordan.
Luke founded Beating Betting at the start of and ran the site until February He is passionate about entrepreneurship, marketing and video creation. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Notify me of followup comments via e-mail. You can also subscribe without commenting. This means, you should have: A Betfair account sign-up here if not.
Become familiar with the Betfair interface and the concept of backing and laying. The markets operate in fundamentally different ways: In pre-race trading, the market behaves much more like a real-life stock exchange, albeit in a very time-condensed form. The main approach to trading these markets is called technical analysis. Trust us: this all sounds a lot more complicated than it really is when you get used to it. Breakouts All quite simple, I hear you say… Well, not necessarily.
Is it simply psychology? This is because the price increments change in the following way: Between prices 1. So, what are the implications of this? Two things can happen: a upward tick of one increment to 2. A good trader should always be aware of these key prices, and trade accordingly. Weight of Money When we trade on the sports betting markets, we are essentially buying and selling odds. But where does this volatility in price come from? What is driving the volatility? Easy, guaranteed and fun way to make extra money!
Try it now! This is another brilliant betting strategy. As the title says, this strategy uses lay betting, so it can be done only at betfair or betdaq sport exchanges. This system is mainly used on horse racing. Have you ever tought to lay the favourite horse with odds lower than 1. Yes, they are winning most of the races, but they also lose some times. Imagine a race with 8 runners. The favourite is priced at 1.
If you Lay him for euros, your liability would be only 15 euros! And there are 7 other horses hoping for the first place. You can win euros by risking just 15 euros. And the statistics are in our side, this strategy is very profitable in long term. You can loose 5 bets in a row, but if you win the 6th, then you are winner. Technical analysis patterns are graphic patterns, models that serve as an additional indication in the prognosis of the ratio swing. Some of the most widely used patterns are 4 types of triangles:.
The lowest points of the chart rise steadily, which indicates the lay side is predominant. The trend is stronger than the resistance line, so in many cases this triangle will be a sign of an uptrend, more rarely — a downtrend. If the ratio crosses the level of resistance, the swing will be going upwards, if the ratio will cross the trend line, the swing will be going downwards. The upper points of the chart lower evenly, indicating of the predominance of the back side. The trend is stronger than the line of support, so in many cases this triangle will be a sign of a downwards swing, more rarely — an upwards one.
If the ratio crosses the line of support, the swing will be downwards and if the ration will cross the trend line, it will be upwards. Oblique lines create an expanded tunnel that indicates the strengthening of the pressure of the back and lay sides.
If the ration crosses the line of resistance, the swing will be upwards, if the ratio crosses the line of support, the swing will be downwards. Oblique lines create an expanded tunnel that indicates the weakening of the pressure of the back and lay sides. A clear view on the patterns of the technical analysis can be an additional signal for the beginning of a swing.
In the chart B a descending triangle can be clearly seen. Together with 3 distinctive lines 3 peaks on each , the connected chart where the rise of the ratio could be observed and the contrast of the money in both of the charts — the prognosis of the swing were meant to be true.
The more signals there are and the stronger they are, the smaller the risk is when opening the position. There are some patterns that are used les frequently than the triangles, like the double bottom, head and shoulders, flags, cups and other patterns, which we will not be looking at in this description.
We can look at some of them just for the visual concept below:. I have been searching for ways how to make money online since And that has become my passion! I have tried so many ways, including Forex trading, sports trading, dropshipping, P2P investing, MLM, various systems and services, but I have sticked to Affiliate marketing. I really like the fact, that affiliate marketing allows me to teach others and make extra money for myself.
Keep on the lookout for those late goals. Official Site. Contrarian betting is when you looks to wager against the crowd. It is a concept that has been around for a long time. The general theory is that the majority of the public like to follow the crowd.
In betting the behaviour is no different and this can lead to certain situations where opposing the crowd can be profitable. Now Paulo Rebelo is a renowned football trader on Betfair using a variety of different trading methods. Winning a sum of , Euros by backing under 0. This was at a time when Man City had been beating every side in front of them. Going without a goal less draw for 8 months before they met Crystal Palace. Which you can read here. Its seems that Rebelo believed that at half time odds of 7.
Based on what he had seen in the first half. He knew that these odds would have to move quickly and felt that the confidence in Crystal Palace players would increase as time went on. This is an excellent example of when it is profitable to go against the crowd and take a contrarian betting stance.
Caan Berry is a renowned horse racing trading. Using a variety of different Betfair trading strategies to profit from the horse racing markets. One of the simpler strategies that Caan Berry uses is to identify strong front runners in a race and look to profit from them taking a prominent position early on in a race. Caan will often highlight potential front runners on both his facebook and twitter pages.
Looking to trade front runners in the horse racing markets is a great beginners strategy. Given that it is fairly straight forward method. If you are looking to start profiting from the horse racing markets then this could be a great strategy to look at. Caan has also produced some excellent educational products aimed at people looking to trade the horse racing markets. Is what you might be thinking.
True I am not a top of the food chain sports trader. Which in turn I suppose makes me a successful sports trader. Yeah anyway Betfair trading strategy number five. My personal favourite pre-match trading. The simplest way to pre match trade the football markets is by reacting to team news. You need a good knowledge of the teams that are playing and some patience.
Cup games are often an excellent opportunity for pre match trading. As the market is often unsure of the first eleven that is going to be on the field. This is because some managers use cup games as an opportunity to rest key players or give youth players a shot.
In the above example Chelsea were due to play Newcastle at home in the FA cup. There were priced at 1. A quick look at oddsportal historical data shows me that Chelsea were priced much lower then 1. This tells me along with experience that should a strong Chelsea side be named then the odds on Chelsea would shorten. We like operators who allow live betting in-play.
Many gamblers want to use their smartphone to bet. Operators who provide their sportsbook on a mobile screen or via free apps get our vote. You want easy access to view your account, check your balances, and review your betting history. Operators who provide this make our list as they show that they offer a user-friendly betting service that all horse racing fans can benefit from. We cover all the bonuses and offers and thoroughly test them to see whether they are worth signing up for or are best left alone.
Bonuses come with terms and conditions, almost all operators give these bonus offers, but some come with high restrictions. We go over all of this for you so that you can quickly see whether the wagering conditions make the bonus virtually impossible to make real money profits from. We want to hear from you, our members. The operators you like will also be operators that many other members choose to use. So be sure to share your opinions so that all other horse racing betting fans can benefit from your experience and expertise.
If you want to take a quick break from online horse race betting, have a look at our casino games and slots reviews. Slots are trendy, and a fun pastime, and we have found the best ones on the net, also chosen by our specific criteria. We have even provided advice and strategic tips to help you maximize your winnings.
Casino games are another fun way to increase your winnings. Whether you are looking for slots or other casino games, we have done the research and can recommend the best sites for you. Many casino operators want your business, but which ones offer the best deals? Bonuses and other horse racing betting promotions are one of the best things about betting on races, so we have compared all the different types out there so you can choose the operator who offers the best deal for you. All the horse race betting online operators want your business, and there are too many to choose from alone.
Casino games and slots are a fun way of winning money, and there are a lot of sites out there, and naturally, some are better than others. We have done the research and can provide you with a list of our favorites. While all gamers will have their own favorites, by checking out our shortlist, you can get a good idea of which games are shaking up the online gaming industry. This is one of our selection criteria for our top operators. Winning money on horse race betting online is done by building the best horse betting strategies.
Combining the best horse betting odds with bonuses and being up to date on the latest horse racing news will all help you be more successful and increase your chances of winning. For them to make our list, they have to pass all our categories; this way, we are only offering you the top horse betting for US operators. As a result, you will never find it easier to get the best odds and the most competitive bonuses for your horse racing bets.
The easy answer to this is yes! On a federal level, online betting, including horse race betting, is legal. There are many operators out there vying for your business, and they offer different kinds of bonuses; some are welcome bonuses only, but some get provided to loyal customers. Always be on the lookout for new operators as these sites will be trying their hardest to break into the market with evermore competitive odds and generous sign up offers.
One of our checks is for operator website security. These days with end-to-end encryption and secure anti-money-laundering protocols available, your money is considered quite safe. There certainly is! The minimum age for online betting in the US is Each operator will ask to verify your age, with documented proof, before allowing you to join. Once you have verified your account, you will find that you get full freedom to enjoy everything that horse racing betting has to offer.
We have reviewed all the top operators and have provided you with loads of details to help you make your decision. Each operator must pass our strict criteria before we recommend them. Naturally, the final decision is up to you, but we certainly help steer you in the right direction. Almost every operator will offer a welcome bonus to entice new members — these range from free bets to reduced or removed commissions, and sometimes bonus winnings.
The best offer will depend on the type of bettor you are. If you are a seasoned online bettor who places many bets, you would most likely appreciate having your commission refunded. New members, on the other hand, would probably benefit more from free or matching bets.
Trifecta, dead-heat, each-way, length, hand, and quinella — these terms and more are part of horse race betting online. Our handy guide will help explain all of these, to help you become a more successful online bettor. As known from:. About Horsebetting.
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Unibet Bonus Code -. Betamerica Bonus Code -. William Hill Bonus Code -. Show All Bonuses. Here are the current top strategies: Easy. What is an Each Way Bet? Wouldn't it be nice to find the 'goose that laid the golden egg'? Horse betting can be a lot of fun, and when you have established an approach or a strategy, it can be profitable. Payment Options Comparison Payment Methods.
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We have broken these down into 12 categories, covering all the areas of racing and casino.
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You can only expect a consistent return from your trades if you have done your homework and follow a proven plan and stick to your strategy. Remember, be patient and wait for the right races to come along before you decide to trade. Or set up an automated strategy as I do to identify, based on past success, the races you should get involved with.
It takes a lot of discipline. Believe me it will definitely be worth it, because it will become the foundation of your success. In order to have consistency when trading you must follow a proven system. Even following your system there will be the occasional loss. Losing races are an unavoidable part of trading. Even a really profitable system will have the odd losing race.
But it is the weeks and months ahead that matter. However, systems offer us the best way of making consistent profits and any sequence of losing trades will ultimately be followed by a sequence of winning ones. Once you understand this fact consistent profit will never be far away.
Very often they stop using a system after a few losses. Ultimately they revert back to their old stupid behaviour of no plan trading. They know that any losing trade will not affect the long term goal of making money. Talk to any trader. All have losing days. Most have losing weeks. But take a longer view over a month or more they are profitable year in, year out.
And always stick to your strategy. Most punters are greedy. Many traders are too. This greed clouds their view of what to realistically expect in return for their trading. Many traders, most perhaps, spend virtually no time on the selection process and lack the knowledge needed to back up their trading decisions. They just trade the favourite by the seat of their pants with no chance of being successful with any consistency. Their obsession with money means that open losses escalate, there are no scratch trades and their trading turns in to gambling.
Very often they put the final nail in their coffin by not closing out before the race and… well, you know the rest. Another trader blows a bank because he became a gambler. I will say this once. A 1 tick offset — always use the offset — is great when you start. Only expect to trade profitably long term if you follow a good plan — yours — and execute discipline at all times. Being greedy will lead to failure and wipe out any money that you have built up.
More importantly it will damage any faith or belief you had to succeed. Many traders that lose on even one market go in to tilt. They try to regain their loss regardless of a suitable opportunity being available. This crazy action usually causes them to lose even more money.
What they fail to realise is tomorrow is another day and there is racing seven days a week in the UK. There will be plenty more opportunities to profit from, but not necessarily on the same day. Patience, observation and planning will regain the winning trades sooner if not later.
Why do most traders on Betfair still lose even when they use a good racing system patiently? They lack the discipline to follow the system religiously to the letter. Or the system is flawed. The one thing all good systems have in common is a clear set of rules to follow, leaving you no room to second guess your choices, or even worse letting emotion get involved.
Emotion will undermine your long term trading plan. A professional Betfair trader has clear, concise rules that he follows religiously, that is what separates him from the losing traders. Unless in a rare situation when something in racing changes, which makes a particular rule redundant. Learn from it and move on.
Horse acing is a complex sport. After all if it was that easy every man and his dog would be making a mint from trading on Betfair. There are many strategies and tactics that you can use to profit from trading on Betfair. The key to success is learning to know which strategies or tactics to employ on which types of races. Many traders trade badly because they fail to learn from past mistakes and continue to make the same stupid mistakes over and over again.
You should always try to improve your performance and keeping good records will help you to do this. Try to specialise in a particular type of horse racing that you like. I prefer jump racing. There is far too much racing in the UK these days for anyone to follow it in-depth. Knowing more about one type of racing is more productive and profitable than knowing a little about all types of racing. I simply traded based on support, resistance and price action.
Some can still do this today. But it is more of a challenge than it used to be. Most new traders need an edge quickly to survive. Picking the type of race which you perform consistently at is a start. Focus only on factual information that is relevant to your selection process and ignore hype and rumour. Keeping good records will help you to monitor your performance.
You will be able to highlight any problem areas and focus on profitable angles. It could be worth avoiding that course until you can find out why. It may not be your lack of ability. But at least if you keep records it will help you spot bank leaks. Learning to control the way you think and react to situations that arise in your trading patterns will lead to consistent success. Have faith in your own opinion. Too much emotion involved in your trading decisions will be your undoing and drastically affect your confidence.
This in turn will lead to fear and bad habits creeping back into your trading patterns; such as chopping and changing methods that has been proven to work long-term. This is another brilliant betting strategy. As the title says, this strategy uses lay betting, so it can be done only at betfair or betdaq sport exchanges. This system is mainly used on horse racing.
Have you ever tought to lay the favourite horse with odds lower than 1. Yes, they are winning most of the races, but they also lose some times. Imagine a race with 8 runners. The favourite is priced at 1. If you Lay him for euros, your liability would be only 15 euros!
And there are 7 other horses hoping for the first place. You can win euros by risking just 15 euros. And the statistics are in our side, this strategy is very profitable in long term. You can loose 5 bets in a row, but if you win the 6th, then you are winner. Technical analysis patterns are graphic patterns, models that serve as an additional indication in the prognosis of the ratio swing.
Some of the most widely used patterns are 4 types of triangles:. The lowest points of the chart rise steadily, which indicates the lay side is predominant. The trend is stronger than the resistance line, so in many cases this triangle will be a sign of an uptrend, more rarely — a downtrend.
If the ratio crosses the level of resistance, the swing will be going upwards, if the ratio will cross the trend line, the swing will be going downwards. The upper points of the chart lower evenly, indicating of the predominance of the back side. The trend is stronger than the line of support, so in many cases this triangle will be a sign of a downwards swing, more rarely — an upwards one.
If the ratio crosses the line of support, the swing will be downwards and if the ration will cross the trend line, it will be upwards. Oblique lines create an expanded tunnel that indicates the strengthening of the pressure of the back and lay sides. If the ration crosses the line of resistance, the swing will be upwards, if the ratio crosses the line of support, the swing will be downwards.
Oblique lines create an expanded tunnel that indicates the weakening of the pressure of the back and lay sides. A clear view on the patterns of the technical analysis can be an additional signal for the beginning of a swing. In the chart B a descending triangle can be clearly seen. Together with 3 distinctive lines 3 peaks on each , the connected chart where the rise of the ratio could be observed and the contrast of the money in both of the charts — the prognosis of the swing were meant to be true.
The more signals there are and the stronger they are, the smaller the risk is when opening the position. There are some patterns that are used les frequently than the triangles, like the double bottom, head and shoulders, flags, cups and other patterns, which we will not be looking at in this description. We can look at some of them just for the visual concept below:. I have been searching for ways how to make money online since And that has become my passion!
I have tried so many ways, including Forex trading, sports trading, dropshipping, P2P investing, MLM, various systems and services, but I have sticked to Affiliate marketing. I really like the fact, that affiliate marketing allows me to teach others and make extra money for myself.
Your email address will not be published. A passionate Internet Marketing enthusiast who have tried to make money online in every possible way including Forex trading, sports trading, dropshipping, P2P investing, MLM, systems and services.