2 The site : HID Betfair Education

Price Leverage

Mon, 01 Dec 2008 15:58:19 +0000

Another way of looking at a rather advanced, but very rewarding strategy.

The Safety Net

Fri, 26 Sep 2008 17:41:21 +0000

It's hard work making a profit in betting, so we don't want to see you blow it all by betting more than you meant to. Next lesson in betting education is a way to protect your bank from a careless error.

When it looks too good to be true...

Fri, 26 Sep 2008 17:34:20 +0000

An oft repeated mistake of novice punters is believing in the 'certainty' or a bet that looks like the next best thing to printing your own money.

Bet faster with the keyboard

Fri, 26 Sep 2008 12:57:27 +0000

Using the mouse will cost you time and money.

Unmatched Bets

Tue, 23 Sep 2008 11:43:35 +0000

Every bet you see available on the screen is an unmatched bet - without them, a betting exchange could not operate. Don't fall into the trap of placing a bet several times in order to get a price when you only wanted a single bet.

What to Watch Out For

Tue, 05 Aug 2008 18:47:10 +0000

We realise Betfair is not the easiest concept to grasp so we've written this series of articles to improve your betting and help you to profit on Betfair.

Broadcast Delays

Fri, 04 Jul 2008 11:08:46 +0000

One of the most contentious issues about betting in-play is the delay between the live action and when you can see it on TV. Here's a few tips on what to look for and how to put the odds back in your favour.

Getting Started

Mon, 31 Mar 2008 10:34:59 +0000

http://betting.betfair.com/education/the-site/getting-started/

Keep Bets

Thu, 20 Mar 2008 12:12:58 +0000

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.

Bookmakers are layers

Tue, 29 Jan 2008 12:27:24 +0000

Bookmakers are layers as they accept (lay) punters bets. Common phrases associated with bookmakers are "there's only one winner!" and "you never see a poor bookmaker!" Have you ever looked at a bookmaker and thought that looked like an easy way to riches? Well, it's not quite that easy, but it certainly does have its advantages.

Laying - an example

Tue, 29 Jan 2008 12:24:31 +0000

When bookies do get it right though, the punter by backing a selection offers the bookmaker a great price on the alternative option(s). The final of the 2004 Hopman Cup was Karol Kucera v James Blake.

Laying Favourites

Tue, 29 Jan 2008 12:22:27 +0000

The beauty of laying favourites comes down to the lower level of risk involved.

False prices

Tue, 29 Jan 2008 12:21:02 +0000

There are many factors which force the price of a favourite down to well below its true price or implied probability. Media attention and popularity are the main ones here. Some players or teams are good enough to win anyway despite the weight of attention - e.g. Manchester United, the most popular football team in the world, are often shorter than they should be.

Favourites on Betfair

Tue, 29 Jan 2008 12:10:50 +0000

Betfair prices recorded on odds comparison sites for these matches are affected by live trading on several of these matches, and thus cannot be used.

Percentages and Probability

Thu, 24 Jan 2008 16:48:18 +0000

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.