Thought I’d re-visit one of my earlier posts today for those that may have missed it as it proved somewhat popular and is something that everyone should get to grips with.
This week then I’m going to run through how you can make a profit even if your horse loses it’s race. Always a nice idea when you think about it! First up then we need to find a horse to back.
We can see that the pie chart on oddschecker has shown us the horse Putra Eton has seen a lot of money coming for it. We need to back this up with a bit of form reading and look for anywhere that may have tipped it up. All this will tell us if the horse is likely to continue to be gambled on and becomes worthy of a trade.
Next up then we head over to Betfair and place a bet of £10 on Putra Eton.
We’ve backed Putra Eton then at 4.8 which means our full return would be £48 (before commission) should he go on and win. A few hours later we come back to the market well before the off and Putra Eton is now trading at 3.00. In the image below we see how to lay this off for a guaranteed profit.
Once we have placed this bet we should see a screen like the one below –
This means that no matter what happens in the race we will be a guaranteed a profit of £5.70p.
Have a go at finding horses in the morning and check that they do shorten in price. Once you’ve mastered the technique you can regularly pick up easy profits.
I’ll be back next week with more ideas on how to trade and a few techniques that I use to pull in regular profits. You’ll never be betting the same way again!