06 Advanced techniques and terminology : HID Betfair Education http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/ en Copyright 2009 Mon, 01 Dec 2008 15:58:19 +0000 http://www.sixapart.com/movabletype/ http://www.rssboard.org/rss-specification Price Leverage Another way of looking at a rather advanced, but very rewarding strategy.

]]> http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/price-leverage-011208.html http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/price-leverage-011208.html Mon, 01 Dec 2008 15:58:19 +0000 Bet faster with the keyboard Using the mouse will cost you time and money.

]]> http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/bet-faster-with-the-keyboard-260908.html http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/bet-faster-with-the-keyboard-260908.html bet faster enter keyboard shortcuts one-click betting tab Fri, 26 Sep 2008 12:57:27 +0000 Keep Bets What is the new 'Keep Bet' option? Customers have consistently told us that they would like to be able to choose for unmatched bets not to be cancelled when an event goes in-play. To meet this demand we introduced the 'Keep Bet' option in December 2007.

]]> http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/keep-bets-200308.html http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/keep-bets-200308.html betfair football keep bets racing Thu, 20 Mar 2008 12:12:58 +0000 Percentages and Probability Betting markets are all about percentages. Odds are just a representation of someone's opinion of an event occurring. That opinion can be expressed as odds or as a percentage - as most non-gamblers would be familiar with.

]]> http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/percentages-and-probability-240108.html http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/percentages-and-probability-240108.html Thu, 24 Jan 2008 16:48:18 +0000 Market Percentages As explained above, a bookmaker will always set his markets to over 100%, allowing for a profit margin and to manage his risk as the prices change.

When a market stands at 100%, it means every penny going into the market is being paid back to punters - like in a coin toss situation.

]]> http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/market-percentages-230108.html http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/market-percentages-230108.html bookmaker laying market percentages Wed, 23 Jan 2008 16:51:00 +0000 Green book A green book is much revered among Betfair traders - it is when you have locked in a guaranteed profit in a market, no matter what the outcome.

]]> http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/green-book-220108.html http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/green-book-220108.html betfair profit property trading Tue, 22 Jan 2008 16:53:17 +0000 Multiples A new addition to the Betfair product range is Multiples, often called Accumulators by bookmakers. We've made them a lot more advanced with more choices. You can back a leg, lay a leg, back the whole bet or lay the whole bet, and at the better odds you expect on Betfair.

]]> http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/multiples-210108.html http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/multiples-210108.html accumulators Betfair multiples Mon, 21 Jan 2008 16:55:07 +0000 Risk v Reward You'll often see that a high-quality horse race where the favourite is trading at 6 or higher will trade far less than a lower class race with a favourite priced at 1.85 in a small field. There are two reasons behind this - how Betfair calculate the matched volume in a market (double the backer's stake rather than counting the risk on both sides) but also because the average punter is far more prepared to lay a selection at a short price rather than a higher one.

]]> http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/risk-v-reward-200108.html http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/risk-v-reward-200108.html betfair laying longshot reward risk value Sun, 20 Jan 2008 16:57:46 +0000 Leveraging a Price If you enjoy trading a market, you will often find yourself left with a bet at a much better price than was available anywhere else, even on Betfair.

]]> http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/leveraging-a-price-190108.html http://betting.betfair.com/education/the-site/advanced-techniques-and-terminology/leveraging-a-price-190108.html Sat, 19 Jan 2008 17:02:15 +0000