How to win money betting on Betfair
Want to know the best ways of maximising the benefits of the Betfair Exchange? Well you've come to the right place. We have asked our industry leading tipsters and traders for their expert advice on how to make money betting on a variety of sports and markets. We will be regularly adding more guides, so be sure to bookmark this page!
How to win
Asian Handicaps are, on the face of it, one of the more complex areas of betting on Betfair. But, as football trader James Eastham explains, they are not actually that complicated and can open up entire new avenues for your football betting
In the match odds market you'll find the highest levels of liquidity for any football market on Betfair. Because of the high volumes matched many people believe that it's hard to gain an edge or an advantage and that because the movements in prices are so small due to the volumes involved that trading techniques applied to more volatile markets don't work as well.
If you are looking to bet in-play then we also have advice for you
There are many factors that influence the prices in this market when it comes to going In-Play but the main things to consider when trading football markets are time decay and goals.
From a five-day Test match to 20-overs under the floodlights, cricket is a highly nuanced game with many subtleties to each different code. Paul Krishnamurty runs you through the best ways to turn a profit from each different format of the game.
With most tour events played over four days and 72 holes, big-priced winners are commonplace in golf but there are many subtleties to this fantastic betting sport. Steve Rawlings explains all.
Tennis isn't just a two-week sport, which many people believe. It goes on throughout the year across the Globe, on a variety of surfaces which leads to plenty of opportunities for punters to make money. Our Betfair expert takes you through all the variables to give you the best chance to use the Tennis markets for your financial benefit.
Boxing may ultimately be about two men standing toe-to-toe in the ring, but when it comes to betting on a fight there's a lot of different things to consider if you want to win money. Jack Houghton explains.
The growth in popularity of Formula One has seen a huge increase in betting on the sport in recent years, and as Jack Houghton explains, winning money isn't just about picking the fastest driver.
There are always 15 reds and six colours to pot but there are plenty of subtleties to the game of snooker. Paul Krishnamurty explains all in his guide to profitable snooker betting.
Over the past decade, the popularity of darts has grown at an exponential rate, becoming the second-most watched sport on Sky Sports, behind football. The 'arrers offers a multitude of betting opportunities, but where to start? Let Betting.Betfair darts tipster Jaymes Monte guide you through.
With a huge number of stats to study, years of form to guide you and a nation of enthusiasts poring over every game, the NFL betting markets are super competitive but there are ways to find an edge. Romily Evans explains all.
Rugby offers plenty of opportunities for punters to profit. Markets range from straight match bets to handicap markets, first try scorer and first scoring play. Simon Mail takes a look at the different ways in which you can win by betting on what, to the outsider, can seem quite a confusing sport.
Betfair traders and software suppliers have put together several pieces that will help you understand and use the markets:
Dutching and Bookmaking are widely known, and used, betting strategies but most bettors still don't quite understand them, and their benefits. So lets start from the beginning...what's dutching?
The weight of money is useful to predict how the odds will vary in the market, according to the money that is available or waiting to be matched. This technique is widely used by traders and other professional bettors when they bet in Betfair.
In June 2000, Betfair was born. It's well known for the exchange offering better prices than the rest of the industry, however the one thing that isn't talked about quite so much is the potential the exchange offers. You can open and close betting positions or even trade them off against each other at different prices to secure a profit - no matter if the outcome of the race is a win or a lose.
More and more Betfair users discover triggered betting these days. A trigger is any set of instructions that result in something done upon certain conditions. Many bots offer it, it presents loads of new profit-making opportunities, it saves you time and money. Yet many bettors, even experienced ones, shiver at the very thought of something that needs to be "programmed". Programming is for programmers, they think, my field of expertise is elsewhere, it's too difficult etc.
The strategy I am about to explain to you revolves around time and relies on time moving forward which, as I understand it, time always has. Because time only moves in one direction, within our current practical understanding, it's possible to see the future and profit from it. This may sound a really odd tactic, but it's a very useful one and one that is quite easy to understand and put to use.
Decimal odds are a simpler way of working out betting odds - and they don't give you a headache every time you want to place a bet. Do you know the difference between 8/13 and 4/7? No? Well, not many people do. But with decimals you'd know instantly.
When a football team goes into battle with the opposition, their coach has usually done hours of research in an attempt to gain a winning advantage. The coach will look at how the opposition plays, the systems they have in place and what tactics they have used in the past. The coach is attempting to gain an edge over the opposition by mapping out a plan that will hopefully see his side triumph. The same rules apply for punters who bet with a bookmaker.
A step-by-step guide for beginners into how to place a bet on the Betfair exchange.
One reason that traders prefer to use trading software is that they can automatically refresh prices and the volumes available at those prices in milliseconds rather than having to manually refresh the Betfair screen or waiting 15 seconds for the Betfair prices to update automatically.
We all know that the prices prior to the start of an event change frequently, often due to a difference of opinion between the betting public. In the last ten minutes down to the start of a horse race this changes a lot more than other sports mainly because of the number of possible outcomes or runners in any particular given race.
Paul Shires, owner of the Tradeshark tennis trading blog, discusses how to get the best out of screen space when trading on the Betfair Exchange.
Mark Baker discusses the benefits of using Auto Trading Fox, software that allows you to automate your trading on Betfair.
The Betfair Chart, a tool available in the Betfair markets, displays information about the value of the odds and the respective liquidity for a selection. With this chart, it is possible to make analyses that can be applied in trading strategies. The guys from Traderline explain all.
One of the most volatile, potentially profitable and therefore most popular in-play trading sports is tennis, as Peter Webb from Bet Angel explains.
A typical bettor is limited in time and patience required to find an ideal betting plan. But there is a quick and realistic way of testing betting strategies with actual Betfair historical market data as MarketFeeder Pro explains.
In his second article on the benefits of using trading software, Alan Thompson discusses the 'tick offset' functionality offered by a number of applications.
In his latest article, Alan Thompson explains the benefits of using a ladder interface when trading on Betfair.
Malcolm Pett explains how using trading software can ensure the historical data you use to inform your betting strategies is accurate.
In his latest article on using software to make the most out of the Exchange, Alan Thompson discusses the 'stop loss' functionality offered by a number of trading applications.
A user of Bf Bot Manager explains how the software can be used to automate your betting strategy on Betfair.
Peter Webb from Bet Angel discusses the benefits of the Exchange and explains how software can help you profit from these.