Betfair Education

Trading RSS

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.

The concept of trading

BF Education / 28 March 2011 / Leave a comment

The original versions of these articles were written in 2005 by Peter Webb, founder of BetAngel, specialist trading software for Betfair. Visit BetAngel for a wide range of demonstration clips and for more information about their products. BetAngel is a...Read more »

Cold trading

BF Education / 26 March 2011 / Leave a comment

Cold trading - how is it done? Ever wondered how these guys with no interest in horse racing can make steady profits by trading? Cold traders read the market and profit from its trends rather than studying the form....Read more »

Trading In-play

BF Education / 25 March 2011 / Leave a comment

In-play betting is one of the biggest benefits of Betfair. It enables you to place bets right up to the final whistle or until the winning horse passes the post - or even after that if it's a photo finish....Read more »

Advantages of exchanges

BF Education / 22 March 2011 / Leave a comment

Betting exchanges such as Betfair have revolutionised betting due to the way they operate....Read more »

Traders on Sports markets

BF Education / 22 March 2011 / Leave a comment

Traders now account for a large number of bets and volume of trade on Betfair sports betting markets. For the average punter this means a full range of odds are available to both back and lay and in sufficient volumes...Read more »

Top traders

BF Education / 22 March 2011 / Leave a comment

Top traders using advanced strategies can achieve a situation where they'll win around 90% of the time on each and every race....Read more »

Trading on a race

BF Education / 22 March 2011 / Leave a comment

Time for an example. In this particular race I have placed a series of bets on Hidden Jewel. I correctly forecast that the price would come in. I have no interest in the horse, its form, the course or state...Read more »

Ten common mistakes made by traders

BF Education / 21 March 2011 / Leave a comment

The original versions of these articles were written by Adam Todd in 2006. Adam is the founder of RacingTraders, a Betfair licensed software vendor. Visit RacingTraders for more information. RacingTraders is a third-party Licensed Software Vendor of Betfair. RacingTraders produce...Read more »

Mistakes 1 - 3

BF Education / 21 March 2011 / Leave a comment

1. Trading Timescales You must make sure that you match the timescale of your prediction of the price's movement with the amount of time you hold your position. A classic mistake is trading on the favourite's price three minutes before...Read more »

Mistakes 4 - 7

BF Education / 21 March 2011 / Leave a comment

4. Letting losing trades ride as bets To be a successful trader you must be taking profits and losses of roughly the same size, but having more profits than losses, the scratch trade taking the place of the losses. As...Read more »

Mistakes 8 - 10

BF Education / 21 March 2011 / Leave a comment

8. Not purchasing specialist trading software If you wish to make money purely from trading, then it is worth every penny in subscribing to specialist software such as BetTrader PRO. They say necessity is the mother of invention and that's...Read more »

Trading with Discipline

BF Education / 13 February 2011 / Leave a comment

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...Read more »

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