Nobody does! Amazingly, some people still fall for the promises of easy riches. There are lots of shady characters online who will tell you that they have unlocked various football trading 'secrets' which has allowed them to develop the best Betfair trading strategy so now sports trading for a living is no longer a dream and so on. Don't fall for that rubbish! While there are certainly low risk football trading strategies, there's no such thing as a football betting system which never loses.
You will probably come across websites which try to claim otherwise, but ask yourself It's just not believable in the real world. The truth is that in order to be a successful football trader, you need to learn and develop a range of skills over time. Patience, discipline, bank management and all that other 'boring' stuff is just as important as finding the trading strategies which work for you.
And that's another thing Some traders are quite aggressive and like to go for bigger profits, knowing that there will be a lot of smaller losses along the way. However, most beginners cannot handle that at all and need to see regular profits to feel comfortable.
Part of the learning experience is discovering what sort of a trader you are, then building a portfolio of strategies around that. You're not going to work it out right away, so try out lots of different strategies and it will fall into place. Lay the draw LTD is the most popular inplay trading strategy and one that just about every football trader uses regularly.
When I first started trading I would lay the draw in the Match Odds market, wait for the favourites score a goal and then back the draw at a higher price to lock in a profit. It could not have been simpler! The more the draw price rose, the more profit I made. LTD was so easy that its popularity went through the roof. However, as more and more Betfair traders jumped on the bandwagon, profit margins were squeezed.
When you have too many people wanting to back the draw after a goal is scored, market liquidity runs out and prices fall. That affected my profitability and meant it was more difficult to cover the losses which occurred from time to time. Betfair markets are always evolving and this was my first experience of it. I certainly didn't want to stop using such a fantastic strategy, I just needed to find a better way. Rather than look at the full 90 minutes, nowadays I split each match into two 45 minute halves.
It reduces liabilities and increases profits which works a treat! The downside, of course, is having less time to find a goal. Lay the draw is a strategy I use almost daily, sometimes combined with other markets. Our Team Stats software does a fantastic job of identifying opportunities and I often share them with other Goal Profits members in our chat room. While lay the draw is fairly safe and steady, correct score trading strategies are much more exciting!
There are many ways to trade the correct score market and, because the prices are much higher than Match Odds, the profits can be substantially more. However, that can also mean more risk because laying - especially early in a match - is expensive. Unless you have a crystal ball, you don't know whether a match will end , or any score in between and this is why correct score betting is tricky.
Trading correct scores instead of betting is much more reasonable and most traders target groups of scores, aiming to get close enough to them at the right time to make a profit. As with most football trading, a patient approach is essential. It is very easy to create large liabilities - for example, laying the current score at half-time - but then you're relying on goals so that those liabilities don't become losses which seriously dent your trading bank.
It's possible to patiently chip away at liabilities and often end up with a 'scratch' trade - no profit or loss - but aggressive trading will result in large losses from time to time, there's no doubt about that. Any correct score strategy you use must be well balanced between risk and reward.
You also need a long-term view as there is no way you are going to hit target scores over and over. Rather than trade the full 90 minutes, what you can do is use the 'Half-Time Score' market instead. Less than a third of matches are at half-time, it's much easier to predict the half-time score and liabilities are much easier to control.
Also, your trading time is cut in half! At Goal Profits we use a number of correct score systems, but the majority of our trading focuses on banking steady and more regular profits. Thanks to the availability of live football stats and video, the popularity of in-play trading has risen in recent years.
There are many other markets which are suitable for live trading football. In fact, almost any market on Betfair can be traded as long as there is enough liquidity. In other words, that there are traders looking to back and lay so that you're able to get your bets matched. There are a number of trading systems based around both sides of the book and traders will often specialise in one of them.
Some football traders back Under 2. Time decay works in just the same way here, moving prices as the minutes tick by. If an early goal goes in, they may trade out for a small loss or hope to get back to scratch before a second goal is scored. For me, football is about scoring goals and I sit firmly on that side of the fence.
Goals win games, so hoping for nothing to happen feels uncomfortable when I have my hard-earned money at risk. I just don't do it. Of course, exchange betting is just like the game of football While I may be backing Over 2. And here's another differing opinion between traders; a number of them have convinced themselves that they can somehow 'read' the action and that watching the matches they trade is important.
I couldn't disagree more! If you put men in a room and asked those who considered themselves as above average drivers to raise their hands, about 90 would do so and it's the same with football. Most blokes think they know everything about football Besides, who has the time to sit and watch lots of football matches?! Shots, corners, dangerous attacks, attack ratings - it's all there. We know exactly which matches have plenty of action and which teams are actively trying to score.
Rather than watch one or two matches on video, we can follow them all. We don't even need to log in at kick-off because the LSM tracks all the action for us while we're getting on with our lives. You already know that a betting exchange matches a back and a lay bet. One wins, the other loses. Profitable football trading is simply a case of winning more than you lose, but in order to do that you have to take money from other people who are aiming to do exactly the same to you.
It's a ruthless game of cat and mouse and you cannot allow emotion to get in the way of your decision making. As soon as you lose control - perhaps to the temptation to chase a loss - you will lose money. Legendary investor Warren Buffett once said, " the Stock Market is a device for transferring money from the impatient to the patient " and it's exactly the same on Betfair, Smarkets, Matchbook or any other betting exchange.
If you log in on a Saturday afternoon looking for entertainment, you will lose money. Of course you will have winning days, but overall you will lose. You must be patient and disciplined enough wait for opportunities to outsmart the market. Even the best Betfair strategy in the world will fail if you don't have the patience to use it at the right times! You will get bored and risk your money on something you shouldn't which we've all done at one time or another.
Professional Betfair traders avoid losses as much as possible. While you may argue that all bettors, traders and gamblers do that, it's subtly different. Avoiding a loss is not the same as trying to win a bet. It's a strange concept for most who are new to trading because their mindset is geared up towards winners, winners and more winners.
A simple football betting system usually has two outcomes; win or lose. When you trade, however, there are always three possible results; win, lose or scratch. A scratch trade is one in which you neither make a profit nor a loss though remember this Essentially, scratch is a winning trade and once you see it that way, trading becomes much easier.
There will be days when nothing quite fits and you don't trade at all. That's fine. It's better than getting frustrated, laying the draw when you shouldn't and hitting a loss. You then have to find a winner or two just to get back to where you were in the first place! FOMO fear of missing out is a bank killer and it threatens us all.
Think about the last time you 'knew' a team was going to score but you didn't back them. You've probably said to yourself, " I knew that was going to happen! What do you think happens in your brain the next time you see a similar situation? You start thinking about when you 'missed out' and the little voice in your head tells you that you'd better not miss out again. You feel like you're owed something by the market because of that last time, you get tempted in by 'fear of missing out' and - very often - you lose money.
You have to remember that the market owes you nothing, it never does and it never will. If you hit a surprise and lose money, you're not owed a profit to make up for it. If you let that FOMO mentality tempt you into chasing losses, you will lose more money. If you research a trade and decide that it's not quite strong enough to risk money on, then that's your decision.
If it goes on to 'win' then you haven't 'missed out' on a thing. It was a weak trade and sometimes weak trades win, but more often they don't. You can't let FOMO trick you into thinking that the market owes you something. In order to win money on Betfair, you have to be as ruthless as the markets and keep emotion well away from your trading. A great way of staying disciplined is to put a trading plan together before you login to Betfair. Go through the fixtures for the day and build a shortlist of matches which you are interested in.
Once you have done that, dig deeper into the stats and look for any reasons not to trade. You might find that the team you're going to bank on has a series of poor results against similar opposition, perhaps they are in a run of indifferent form or maybe the underdogs have been playing above themselves recently. You can afford to drop potential trading opportunities because they don't look quite right, but what you cannot afford to do is ignore warning signs and trade them anyway.
Remember, a winning football trader is patient and disciplined. If there are no fixtures which up being tradeable, so be it. There will be more tomorrow Once you have your plan for the day, it's set in stone and does not change. It's very easy to hit a couple of losses and let your brain trick you into thinking that you're owed a winner to make up for it. Perhaps there was a missed penalty which cost you a profit earlier on so you look for another trade to even things up.
Emotionless markets don't work like that and you can't either! Your brain starts making excuses why a weaker match is suddenly strong enough to trade, you lose more money and feel even worse. It's so avoidable, yet everyone gets sucked in at some point. If a trading opportunity was not strong enough earlier in the day when you judged it with a clear mind, it's certainly isn't strong enough later on when you're feeling frustrated about a loss. Take losses on the chin, learn what you can in order to improve your trade selection process and come back tomorrow with a fresh mind.
You will learn a lot from losses and they will always happen to every trader, so accept them. Betfair football trading takes a bit more time than betting — of course it does — but you get so much more control over your money that a bit of effort is well worth putting in. An experienced trader will be able to reduce losses and increase profits which makes trading significantly more profitable overall than set-and-forget betting could ever be.
Let's be honest though, trading really doesn't take too long at all. I mean, an entire football match is only 90 minutes and many Betfair trading techniques focus on either the first or second half which immediately cuts that in half. You can login to Goal Profits at half-time during midweek, research the matches with favourable half-time scores using Team Stats and open a trade or two before the second halves even kick off.
Once your trading position is open, what do you have to do anyway? You're usually waiting on a goal, so you can go watch TV, read a book or do some housework and a score site such as Flashscore will tell you when a goal goes in. You can even download the Flashscore app to your phone and go outside to wash the car. With Betfair on your phone, you might not even need to come back inside the house! I'm not going to tell you that you can start trading today and immediately start to rack up huge profits.
It goes back to what I said earlier that if trading was so easy, then no-one would go to work on Monday morning. In the real world, success does not come easily and everyone knows it. Just like any new skill that you wish to master, there is a period of learning. A 17 year old doesn't start learning to drive today and enter a Formula 1 race a couple of weeks later, so when you learn to trade you will start at the beginning and gradually improve until you reach the level of skill that makes enough profit for you to be happy.
In this strategy, my view is that if a strong away team scores first, the draw odds will not shift enough for a decent profit because the game is expected to have goals and the home team is likely to come out and push for an equalizer. So I want to get games where the home team is expected to win. Then I filter the over 2. After that, I filter the home team to only include home teams that have NOT drawn any of their last 6 home games.
I also filter the away team to only include teams that have NOT drawn any of their last 6 games home or away. I want teams that either win or lose, that have a good day or a bad day, and not settling for draws. Finally, I filtered the leagues according to a list I have built up of which leagues are good for LTD trading. In the end I am left with my selection strategy, ready to receive picks. I no longer have to scour the fixture lists myself.
We can see from the last 10 results that all 10 were winners. Because I had traded out at my exit point of 65 minutes, I was ok. I really tried to take advantage of draw odds being pushed down by people and Bookmaker models expecting the draw. So much so that the draw itself becomes undervalued and even just laying the draw in those matches long term without trading out could lead to profit.
Adding LTD trading on top of that makes a strong strategy. To do this I reverse engineer what draw backers are looking for. They are looking for teams that draw a lot with low goal scoring averages. My selection strategy is now ready. Looking at the last 10 results, 8 were wins for the home or away team and 1 game was a between Rubin Kazan and Ufa with the away side scoring in the first half and the equalizer coming in the 71 st minute which is after my trade out time.
Only one game of the last 10 was a loss, which was the Dynamo Moscow vs FK Rostov game that finished By laying odds of around 3. Trading out when a team is winning by 1 goal often leads to smaller profits of euros. So you can see that Betaminic is a perfect match for using with betting exchanges as well as bookmakers.
For sports betting traders who know what kind of matches they are looking for, then you can save a lot of time and also get the very best quality fixtures picked for you from over 50 of the biggest leagues around the world. Feel free to create these two LTD selection strategies in Betamin Builder as private strategies, or even modify them to best suit your needs. You can also research and create your own selection strategies and see the power of Big Data Betting.
Sign Up for free to access the Betamin Builder here. See the best betting systems ranked by profit, ROI and risk here. Check out Betaminic Public Strategies here. Read more about opening and closing odds. Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies.
It is mandatory to procure user consent prior to running these cookies on your website. Share on Facebook. Pinnacle is one of the few bookmakers who do not ban winners, but they do sometimes have limits on how much you can bet on each market. With an exchange, the only limit on how much you can bet is if there is someone willing to take the other side of your bet market liquidity. Get the best odds in one place.
It is always important to get the best odds for your bet. But having multiple accounts with different bookmakers and being aware of all the different deposit and withdrawal fees and rules each bookmaker has can be complicated.
Exchanges generally have some of the most competitive odds on the market. So it is much more convenient to have your betting funds in one place that also happens to have the most competitive odds. Be the bookmaker. You can take the side of the bookmaker and lay odds instead of backing them. This opens up a whole new side of betting. Trade in and out. If you make a bet and want to cancel it, there is often a chance to offer the reverse side of your bet and basically get out of the bet.
Also, you can trade out or cash out your bet before the end of the game if the match is in-play so that you make a profit regardless of the final result. Trading strategies. Exchanges are similar to the financial markets.
They open up the possibility to research historical data, find a pattern and then enter the market with a plan to exit at certain point and make a guaranteed profit. There are a wide variety of trading strategies on the internet focussed just on the betting exchanges. Betamin Builder is an excellent research tool for finding the right matches to trade in for your strategy. I will discuss a few of them in this article.
Disadvantages of betting exchanges Liquidity. For some of the more minor events, i. This lack of liquidity sometimes means a bookmaker is a better option for smaller leagues. The odds do not have a bookmaker margin in them, so they are higher than the bookmaker odds, but the websites charge a commission on profits as a fee for using their site.
In order to compare bookmaker odds with exchange odds, you can calculate the real odds after commission is deducted with these formulas 0.
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Posted on November 21, by Lay Betting Systems. You simply lay the selection from this method. Follow on below for information on how to find these losing horses. Posted on November 6, by Lay Betting Systems. Posted on May 14, by Lay Betting Systems. Posted on March 4, by Lay Betting Systems.
Posted on February 27, by Lay Betting Systems. Posted on April 15, by Lay Betting Systems. Hey guys Our sister lay bets tipping service, Lay Bet Winners is having another awesome month. Posted on April 12, by Lay Betting Systems. They offer a trial period offer for new members. This gives you 5 days of free access.
If you subscribe for longer it works out cheaper. You can also use it on Betdaq or Matchbook. However, for many people using it on Betfair makes most sense. You may not realise that Betfair also offers apps. One of them is this highly-rated automated betting software tool.
The BetEngine gives you three downloading options. You can download the app with the database included. This is the right choice for newcomers looking for an easy start. The next choice is to download without the database. In this case, it is aimed at existing, experienced users.
Your final download choice is a user manual. This is well worth looking at, especially when you are just starting out. Choose from some different subscription options. It is a good idea to get started with the 7-day free trial. A more extensive range of features can be found on the Standard and Professional options. Perhaps you want your betting tool to do it all for you. In that case, you want an automated betting system.
This is more of an all-in-one package that you can start using on your behalf. You just need to set your betting limits and any other variables. It is the best choice if you want an easy life. This is one of the few automated betting systems to work with bookmakers too.
In fact, the rest on this list can only be used on Betfair. Each Way Sniper gives you more flexibility. What this tool does is find the best bets for you. This means that anyone can use it incredibly easily. There is no need to be a gambling expert or to have your own strategy.
One of the big issues is that value bets can move quickly. By the time you place your bet, the odds might no longer be attractive. This is why this automated betting system places the bet for you. It is a huge benefit, as you are no longer racing against the clock to grab the value. It is a volume-based system. This means that you want to place a lot of bets each day. You will lose some but the overall results should be positive.
In general terms, the more bets you place the better. What if you have a busy lifestyle? You might not able to bet while at work or busy with your family. This is why automated betting is a great solution. It is now possible to place all of the bets you need to squeeze out the maximum value.
Read more about the system here. With this tool, you can make money on Betfair even when you are doing something else. The man behind this automated betting strategy is Paul Bent. He says that he has over 40 years of wagering experience behind him.
This software will monitor the market for you. It will then automatically place bets on Betfair when the conditions are right. There are 56 different strategies that it uses to place bets. As well as the software, it also comes with a manual. This is called Win At Betting. If you are new to Betfair and bots then it is a decent starting point. How much does it cost to join?
In this case, you will be betting on UK and Irish horse racing. They use the Cloud bet Bot platform. This is an automated betting software provider that is licensed by Betfair. It uses analysis based on jockeys and trainers. This makes it possible to bet on different horses in one race. You are in charge of your stakes. There are two options in this respect. One is for Dutch betting with low liability. The other is back betting with fixed amounts. You can also choose from the Betfair Starting Price or live to the exchange.
In addition, if you want to you can get bets placed automatically. Then leave it running with no further input needed. The Dutch staking plan has a predicted annual profit of points. If you opt for straight back betting, the annual profit is expected to be 10, points. You can choose to opt for both plans at once if you like. This bot uses automated betting on football matches.
It is based on the popular lay the draw bet but makes it easier to place. The team at winningmore is behind this automated betting software. They say that it is a low-cost way to get a competitive advantage. You can now lay the bet without having to be there to follow the action. Extra options let you do things like set the time for exiting and profit percentage figure. Remember that you still need to research the upcoming matches. You then choose which ones to bet on.
Therefore, the amount you can win depends upon the choices you make. What it does is automate the option out of the betting. Once the game starts, the bot makes the decisions based on your chosen rules. There are a number of different reasons for using software like this.
As we have seen, there are several types of automated betting software. Therefore, not everyone will be suited to the same one. There are some strong reasons for using automated betting software.
It is based on the the Betfair Starting Price or betfair exchange betting systems against the clock to. This is an automated betting be a gambling expert or. This means that bologna vs ac milan betting preview want that comes in handy for. They offer a trial period Betfair and bots then it. You need to be comfortable for newcomers looking for an when you are doing something. As well as the software, at, especially when you are. If you opt for straight on Betfair for football, horse Winners is having another awesome. In this case, it is aimed at existing, experienced users. In addition, if you want period then there are various. By the time you place betting system places the bet by Betfair.The betting exchange at Betfair allows punters to explore some alternative betting strategies to those at traditional sportsbooks. The ability to both back and lay. This is a betting exchange strategy where you take advantage of the multiple bets on the same match, trying to get a nearly 50% profit of your initial stake. All you. Best Betting Exchange Strategies That Work on Betfair · Explore some of the simplest yet most efficient betting exchange strategies and a few low-risk trading.