Welcome to the new series of articles for WIN appearing every Tuesday and giving you advice and examples of how to lock in more profit using trading techniques and matched betting.
So a quick introduction to who I am and what qualifies me to help you. I’m Eddie Lloyd and I’ve been a professional punter for five years now. In that five years I have worked in the head office of one of the biggest bookmakers in the country and behind the scenes learned a lot about how they think. I’ve managed betting shops and learned how the punter thinks. Once I got what I needed I left the bookie industry and armed with all the facts set up by myself and now work alongside Betfan, WIN and BetKudos. I’ve finally arrived at what it is I always wanted to do and spend all day trading, betting and looking for anyway I can to turn a profit from my punting.
There’s nothing better than sharing that knowledge with other people and that’s where these new articles will come in!
Last week I went through the simple idea behind laying your bets off for a free bet using the exchanges. If you missed that article you can read it here….
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!