Trading Horse Racing
The following are two systems that can be used to make money on Horse Racing
There are many ways to trade the horse racing. We will give you a very simple one to start with. This strategy is one of the areas that you may like to try first as it is both easy and profitable. Like most strategies they both use BETFAIR and BETDAQ. You will need to sign up to these betting exchanges if you havent already (By signing up using these links you get free bet as well !!).
We will call this strategy Over Night Trading. It uses the concept of you being one of the first people to bet on a particular horse race and therefore take advantage of the best odds. It will give you a risk free source cash.
Favorites for horse races are identified days before the race. However the majority of people who bet on horse racing will follow the lead of others. If you are one of the first people to bet on the favorite then you are very likely to get a better price.
Many people use the daily newspaper to provide them with tips. The majority of papers now give Horse Racing Tips. As people buy the paper, review the tips and go on to place money on the favorite the price of the Horse goes down.
This is what happened at todays favorite :
You will see that the initial price was 2.62( 2201hrs night before the race) and the price now is 2.12. You will put the figures into the calculator as follows (ignore the reference to 10bet at this time as the example talks about Backing and Laying with Betfair. You will see that you will be able to change the odds in the calculator manually)
If you place money before others do then you will secure a higher price for that horse than the majority. In this example you will have made over 20% of your stake.
So to summarise, by placing an early Back bet of £100 at odds of 2.62 and then a lay bet of £126.57 (which the calculator has worked out for you ) of odds of 2.12 makes you a profit of £20.24 - NO MATTER WHO WINS THE RACE
Here's where Cash-Matters will help you free of charge.
Every evening we will review all of the British National Newspapers for you. Based on what the majority of the newspaper tipsters says we will then recommend an appropriate horse for you to bet on.
We then suggest that you BACK that horse when we give you the tip.
Heres' where we can make some guaranteed profit without having to be by your computer all the next day.
After you have placed the BACK bet select a LAY bet odds that will give you a 10% profit on your stake (you could be greedy and go for a greater percentage but you will be in danger of risking that the odds will not fall that much). Use the Cash-Matters calculator to assist you as described above.
Obviously the price will not be matched at this time so you can close Betfair with the 'unmatched' lay bet safe in the knowledge that if the price drops to the price that you asked for it will be matched automatically.
Now simply wait. As the general public buy their paper and go on to follow the tipsters the price for that horse will drop.
And as it does so your LAY price will be matched. This then secures a 10% profit on your stake WHATEVER THE OUTCOME.
As with all trading there are some VERY important things to consider.
With this strategy there will be occasions that the LAY bet may not be matched. This may happen about 1 in 10 times. THIS IS WHERE YOU WILL MAKE YOUR MONEY IN THE LONG RUN.
On the occasions when the LAY bet is not matched (leave it as close to the race as you can to give it every chance) take the best LAY odds that you can get. These may well be higher than the BACK bet that you put on.
Yes on this occasion you will make a loss. But don't worry as you will have MADE money on all of the other occasions when your LAY bet was matched. The loss will be small and certainly not be as much has you have gained on the previous occasions.
You will find the CASH-MATTERS tip each day (when we feel that there is an appropriate horse to use this strategy on).
Unlike most other websites we are not going to tell you that this is going to make you the money that your dreams are made of. This will however give you a sustained source of income. The more the stake the more you make. Try it using smaller amounts and then increase your stake.
As stated my times before Cash-Matters will not charge for the information we supply. However, with an increasing number of people using our tips we are seeing the 'Cash-Matters' influence on odds when we post our tips. There is therefore an advantage of being the 1st to use our tips. In order to provide a Premium Service we are offering a text message service where Cash-Matters will text at least 20 tips to your mobile phone each month for a price of £15 per month. To access this please contact firstname.lastname@example.org
There are only 4 simple and fast rules to follow…if you stick to them you will make money!
1. Only use races with 10 or more runners 2. Start watching the odds approximately 90 seconds before the start of the race 3. You are looking to LAY the 3rd favourite in the betting market in the final minute before the start 4. Only proceed with your bet if there is a clear 3rd favourite with LAY odds between 5.5 and 7.5 – at the same time the 3rd favourite’s LAY odds should be at least 1.5 away from the 1st favourite’s LAY odds.
That’s it! Why does the system work so well?
History tells us that 3rd favourites with Betfair LAY odds between 5.5 and 7.5 win 14% of their races. When using only races with 10 or more runners, this number drops to just 12%…leaving us with a strike rate of 88% winning LAY bets without doing anything! Even when all losing bets are at the highest possible odds of 7.5 we would still make a profit in the long run, at level stakes.
For every 100 bets, you will have on average… …88 winners …12 losers For every losing LAY bet @ odds 7.5 you will have to pay out 6.5 units when you lose your LAY bet. Winning bets à 88 x 1 unit = 88 units profit Losing bets à 12 x 6.5 units = 78 units loss Net result = 88 units profit – 78 units loss = 10 units profit For every 100 bets, you will make at least 10 units profit.
Sometimes you will lose 1, 2 or even 3 bets on a single day but you will also have many winning runs of 20 or more bets in a row !
And finally. Without wishing to make things too complicated, by placing your BACK bet with the bookmaker you potentially can make even more money. Bookmakers like Bet365 offer a Best Odds Guarenteed feature. This means that you will get more for your money. So, instead of BACK our tip at Bet Fair, Back at Bet365 and then select a 10% drop on the Lay price at Betfair for the best results.