Tutorials
Tutorials on how to use Betfair correctly, dutching, in-play betting, lay betting and different staking plans, steamers and drifters, weight of money plus many more.
If you are looking to further your knowledge on Betfair and would like to learn how to trade on the Betting Exchanges then read this set of tutorials. Part 1 Teaches you how to use Betfair.
Part 2 of the Betfair Basics tutorial series. Learn how to create no risk profits on the Betting Exchanges. Back the odds at a higher price, then lay off at a lower price to create your no risk profit. This is the basis of all trading activity.
Part 3 of this series teaches you how to Back a Horse with a regular online Bookmaker and then Lay off the same Horse on the Betting Exchange. If the horse wins, you win with the Bookmaker but lose on Betfair. If you have structured your bet correctly, you will come out in profit overall!
If you are confused about how the Place Market on Betfair works, make sure you read this tutorial. Neil shows you how to navigate to the correct markets and also tells you a little more about the Place Market.
Probably one of the most versatile and overlooked betting techniques. Dutching is the method of backing multiple runners in a race to return a profit should any one of the selections win.
In this tutorial I will discuss how you can test performance of a trading system. You can also use the same techniques to test your own trading performance.
Although the in-play market offers some real possibilities for profit, it is not the easy route to making money than some would have you believe. As with everything to do with betting exchanges, the full picture has to be studied before deciding if this might be the right method for you.
You remember the good old days don’t you? Yes, you could have a cigarette in your local bookies, as you’d desparately try to find those elusive winners in your daily scraps with the enemy. Somehow, though, these winners always seemed to disappear when you arrived!
To the novice punter, a Betting Exchange can look overwhelming but to the value-conscious punter, they are manna from heaven. Why? Better prices- because the bookmaker is taken out of the equation, you are not subject to their 5, 10, 20 or even 50% margins.
Mike Smith is a professional punter and has been betting on Betfair’s Financial markets since the beginning of 2004, mainly trading the FTSE intraday markets.
Scott Ferguson summarises the settings and preferences of the Betfair interface, explaining how they can help you on a daily basis.
This method is one of many that I use on snooker and it is called "Betting before the event starts". It is amazingly simple and also extremely low risk. It involves placing a bet before the start of a snooker match in the match odds market and then laying it off for a nice profit.
In this article I will explain what Steamers and Drifters are and how they can be used to make a profit from betting. Well, that's what we are all here for, isn't it?
Recently traders have been contacting me because they have either heard that WOM is dead or that it no longer works!! Couple with this I have seen many articles recently about the death of WOM. So whats my opinion on this?