By The UK Horse Racing Tipster
The following articles which are accessible by the main menu or the links below are useful resources for people interested in trade betting on Betfair.
What is Trading?
Trading is basically the act of putting on both LAY and WIN bets on the same horse.
Why would you do that you might ask yourself?
Well, in it’s simplest form, if you can put on a WIN and a LAY bet on the same horse but at different prices then you can either get yourself a totally free back (win/place) bet.
Or if you can adjust your bet amounts as well get different prices you can create what I call an “overlay”. This is where the outcome of the race is of no importance and whatever happens to the horse you will always make money. The only thing you need to be able to do is put on a LAY bet at a price lower than your WIN bet.
Some sections of the pages are only accessible to full members to the site so if you want to read the full article you should sign up for the cheapest membership option (e.g a day) as the information can be invaluable!