Betfair trading | How to trade on Betfair with BIG stakes and short prices
In horse racing, favourites attract a lot of money in the betting market.
When the price of a favourite gets really short, you tend to be forced into a betting decision based on whether you should back it to win or lay it to lose.
Backing to win is risky as at such a short price, you could risk a lot for a small return with a massive loss if it doesn’t win.
But placing a lay bet will mean you lose quite often as if the market is efficient, it should win quite often.
If you trade, however, you can take advantage of the short prices and this market indecision to make a profitable trade.
The problem with this is that each individual trade will only net a small profit, so you have to raise the stakes to a much more significant amount to get a decent profit.
In this video, I explain the process I go through to profit from markets with a lot of money and betting interest on the favourite.
If you want to modify your Bet Angel Guardian, there is an area of the forum packed full of examples to download: –
https://forum.betangel.com/viewforum.php?f=68
If you don’t have the best Betfair trading software available, download a free trial at: –
00:00 – Introduction
01:13 – What I do at the start of the day
02:21 – Trading favourites in horse racing markets
03:34 – What watching the parade ring is important
06:17 – Small prices mean large stakes
08:57 – The trading style I applied to this trade
10:05 – Summary
#betfairtrading #betting #horseracing