Betfair trading | Why trading the favourite may not be your best bet
Have you ever wondered whether trading the favourite is really the most profitable approach? While the liquidity on the favourite is high, there are some factors to consider that may impact your return on investment.
One key factor is that the odds on the favourite are often lower than other selections in the market. This means that while the liquidity may be high, the return you get for your trade may not be as great as it could be with other selections.
As long as liquidity is high enough looking to trade other selections can help you minimize your risk and increase your profits over time.
While trading the favourite can be a valid strategy, it’s important to consider these factors before trading. By taking a more strategic approach and looking for value in other selections, you may be able to maximize your return on investment and achieve greater success in your sports trading.
Especially if you have just started on your Betfair trading journey.
00:00 – Introduction
00:56 – Decimal odds on the Betfair betting exchange
02:18 – Where is all the money?
03:55 – The set-up and staking I’m using on this market
04:50 – How prices affect the profit you make on a market
07:55 – Why this trade worked
08:45 – What we did and why
09:42 – Final trade result
09:50 – Final summary and discussion
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