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. They cover three areas - betting on specific sports and specials, advanced trading techniques and, in case you need a refresh, the basics of Betfair. Click on the links for details.
Before the Exchange arrived on the scene, punters could only place back bets and all with a bookmaker who typically added a margin into his markets.
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A betting exchange allows gamblers to bet against each other rather than against a bookmaker. This differentiates them from traditional betting shops and bookmakers as the betting exchange allows the user to act as the bookie (by setting the odds for an event) or the customer (who bets using the odds set by the other user).
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.
A step-by-step guide for beginners into how to place a bet on the Betfair Exchange.
In-Play is betting that takes place after an event has started and up to its conclusion. Obvious examples are a football or cricket match or a horse race. Other bookmakers sometimes call it live betting whereas on Betfair it has also been known as in-running betting in the past.
The betting term 'accumulator' refers to a single bet that involves at least four selections, but possibly many more than four. The most important difference that separates accumulator bets from other bet types is that all selections must come true in order for the bet to pay out.
This glossary of betting terms provides a handy reference for you to come back to, should you come across any language or terminology that you either don't understand or feel would benefit from some clarification.
One of the great benefits that online betting has brought to gamblers everywhere is a huge range of betting offers across various different websites and bookmakers. We help you understand all the different types of sign-up offers.
Football predictions are a national obsession. From heated conversations in the pub, to kids in the school playground discussing their heroes, you can't go anywhere in the UK without bumping into someone with an opinion on football who is ready and willing to make some predictions.
Having once been a rare luxury in the betting world, free bet offers are now part and parcel of the online betting experience, and bookmakers around the world have incorporated bonuses and free bets into the business strategies in order to attract new members and keep their customers happy.
The popularity and success of online betting sites has led to an irreversible change in the way people gamble around the globe. At the end of the 20th century, high street bookmakers were still the champions of the betting world. But the rise of top betting sites like Betfair changed all that.
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.
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.
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.
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.
Arbing is one of the most talked about and controversial techniques in sports betting, and is designed to offer punters minimum risk and the potential to make long-term profits. We explain all about the ins and outs of arb betting.
The vast landscape of sports betting can be tricky to navigate, with such a wide array of different sports and betting options to choose from. Thankfully, the web offers some brilliant tools to make life easier, and one of the most useful tools for saving time is a betting calculator.
For a long time in the history of sports betting, the use of systems was considered to be unsuitable and unlikely to bring success to punters. Yet in recent times with more data available the tide has turned and we explain some of these betting systems to you.
Calculating the potential returns from any bet can be a time-consuming process, but if you are placing an each-way bet, the calculation becomes a little more complicated. Each-way betting calculators are one of the many free resources that have been created to help save time whilst betting, and they are freely available at a number of online destinations.
Handicap betting is common practice in points-based sports like football, rugby, basketball, and tennis, but is also frequently used in racing events, particularly horse racing. Handicap betting affects the way that odds are presented, and it is important to gain a solid understanding of this type of betting in order to be able to interpret those odds and place effective handicap bets.
Spread betting is a hugely popular form of betting that involves speculating on the movement of stocks, shares, commodities, currencies and indices. It also has applications in sports betting, and other gambling sectors.
Horse racing offers one of the biggest sports betting markets in the world and that means punters of all persuasions can ante-up and test their mettle in a variety of ways...
Horse racing is known as the sport of kings; however, that doesn't mean you can win a king's ransom every time you ante-up in the sports betting arena. While it's true that horse racing is one of the most bet on sports in the world, it's also true that it's tough to make money if you're not familiar with the set-up of the industry...
Learning about the fundamentals of the football betting world and then the nuances of how to thrive in the market is all well and good, but if you don't have a system for managing your money then you're in trouble...
Football is the biggest sport in the world which naturally means that it's also one of the largest sports betting markets. Be it live or online, football betting is a massive part of the sports betting world and that means one thing for you as a punter: choice. Unlike smaller sports that have just a few betting options, football is able to offer a plethora of options designed to suit prospectors of all persuasions...
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.
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.
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.
The transfer market slows no sign of slowing down and with plenty of betting opportunities, it is a great one to trade, as Peter Webb explains.
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.
Peter Webb of Bet Angel goes into greater detail on trading tennis.
In-running accounts for about £1 in £5 of all money traded on Horse Racing on the exchange. There are some clever ways of profiting from it as Peter Webb explains.
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.
The NBA season is a long one and for the discerning punter there is money to be made. We have put together our betting guide for how to bet on the NBA markets.
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.
Schadenfreude is pleasure derived from the misfortunes of others and, as Peter Webb explains, you can actually trade it.
Esports, in a nutshell, is people playing video games against each other competitively. Experts predict that the industry will be worth $1.48bn (£1.18bn) by 2020...