Since 1990 when a computer whiz called Andrew “Bert” Black developed the technology that allows betting exchanges to work the horse racing fans options have widened. Before the punter was limited on backing a horse either to win or be second or third. The new exchanges changed all that.
Now a punter can select whether to [...]
Most of us are familiar with the straight forward win or lose bet where if your selection wins so do you and if not you lose. Most people also understand the concept of place betting when you bet on an event where there can be a first, second and third placed finishers. However, on Betfair [...]
It may not exactly be alchemy but the idea of risk free betting must be the next best thing. There are plenty of books and systems on the market claiming to show the horse punter how to achieve just that.
Besides the term “risk free” you may also come across the words “arbitrage” and “trading“. The [...]
UK Premiership Football Relegation Predictions from the Betfair Front Room Five.
Juvenile Flat Racing – Major Factors – 1992 – 2009:
Time of Year
* March 127 favourites, 29% wins
* April 632 favourites, 36% wins
* May 1371 favourites, 40% wins
* June 1900 favourites, 41% wins
* July 2639 favourites, 42% wins
* August 2777 favourites, 38% wins
* September 2617 favourites, 37% wins
* October 2111 favourites, 36% wins
* November 883 favourites, [...]
In any form of financial trading there are two terms which you will first need to fully understand before proceeding to the next stage.
The fundamentals of any trading system are the same whether it be stocks and shares, bonds, forex, spread betting or of course the betting exchanges.
1. Liquidity – Cash
2. Volatility – News
Lets start [...]
As an example let us assume that our chosen favourite is running in a Novice Hurdle at Kempton and is currently at 3/1 to win on course. Betfair has championed the use of decimal odds in order to enable the market trading style interface that adds so much to its appeal.
To calculate the decimal odds [...]
What is Lay to Lose:
Ultimately trading horse races on Betfair is a direct result of the exchanges providing the facility for a new kind of bet, namely the ability to back the loser or losers of any given sport or event as oppose to attempting to find the winner.
In terms of horse racing, this facility [...]
In a bull market, everyone assumes that trading is childs play and they can make easy money. But woe-betide anyone who enters without fully understanding the dangers of volatility on the equity markets. In June 2005, the London Stock Exchange listed one of its biggest offerings since 2000. Investors were literally beside themselves doling out [...]
BETFAIR, the largest online sports betting operator in Europe, today welcomed the Advocate General’s opinion in its case against the Dutch government in the Court of Justice of the European Union(ECJ).
In his opinion, Advocate General Bot accepted Betfair’s argument that sports betting licences should be allocated or renewed in a transparent and equal manner. In [...]