Betfair is more than just a betting exchange. Take a look at some of the other great betting options on racing and sports. Learn fundamental concepts like: Betfair SP, In-Play betting, and Tote betting on Betfair.
Many people who start out in sports trading often end up making the same mistakes and some also end up giving up for the same reasons too. It seems there are many misconceptions about Betfair trading and this article is going to identify some of them. If you are just starting out or are on your way to becoming a profitable trader then this article should hopefully help you avoid having the wrong idea of what Betfair Trading is all about
There are now three standard settings for viewing a Betfair market. In the first example below, you can see the market with only the BACK odds. Note the Back & Lay and Market Depth boxes just above the market are unchecked. Viewing Betfair markets in this way makes the site function like a normal bookies site with just a back option, one difference though...better odds!
Many people that use Betfair, even if they don't realise it, are traders. If you ever change your position on a Betfair market - then you are trading. If you ever try to lock in a profit before an event has finished, that's trading. Use this section for an in-depth analysis of trading and techniques around it.
Click on the More Options link in the top right hand corner of any chosen market (below the Refresh button). Take the time to have a play around with these during a quiet period of your day. Tick the options you feel will most aid you.
"I bet you won't get a bullseye", "I bet you won't finish all that", "They'll never win if he plays." We all make statements to friends like this every day. What you're actually doing is 'laying a bet': betting something won't happen. This is the major difference with Betfair and conventional bookies.
Betting exchanges such as Betfair have revolutionised betting due to the way they operate. Exchanges offer in the majority of cases excellent prices at which to back a runner. Further more if we don't like the odds on offer, we can always ask for better odds. If we don't fancy the selection at all we can lay it.
Discipline is paramount if you are to become a successful trader. Everyone can have a successful day, even a week or a month speculating on a market but to consistently produce profits over the long term you need to think like a trader. Below are just a few rules you may want to consider when executing your Betfair trades.
Financial betting could not be easier with William Hill’s new Day Trader service, whether it is Fixed Odds or Binary Betting that interests you, they cater for everyone from beginners to more experienced financial bettors. Day Trader allows punters to have a crack at indices, commodities and currency pairs in financial trading. To make things even more attractive, William Hill is running a promotion where they will refund £25 of losses a punter makes on his first trading day.
Ladbrokes has prepared a special incentive for new players to try out their brand new exchange website, giving up to £500 in free bets to new customers. What are you waiting for? Visit Ladbrokes now and take advantage of this excellent offer!
UK bookmaker Ladbrokes have just launched their new betting exchange product. The service will use "push technology" enabling Ladbrokes exchange players to automatically see rapid price movements on live markets. Find here all the details.
BETDAQ is one of the world’s leading betting exchanges. A lot of people are very new to the concept of betting exchange but this article contains demos and tips to learn how to bet markets on Betdaq. These videso are aimed at people who want to understand all the basics and advanced concepts of betting exchanges.