What are the best strategies for trading on Betfair or another betting exchange such as Matchbook or What Are Commission · Which Betting Exchange Is · How To Make Money. Here is my version of the famous Betfair trading method "Laying the draw". Every detail of my way of using this trading strategy is revealed in this new eBook. Sports trading means backing and laying sports betting odds for a profit before the then and like most, I initially found it difficult to understand what is going on in a betting exchange. The best sports betting strategy can have days in the red. Why use betting exchange trading software? Again, we can cover our original liability completely to ensure that if Liverpool wins, we make a profit but if they fail to win, we break even. If you want to successfully and confidently trade the markets on betting exchanges, it is important to specialise. Liquidity available on UK horse racing is likewise fair, although it tends to rise quickly as racetime approaches. Your one is already at my blog roll. To put it simply, trading is backing betting on a result at a higher price and then laying betting against the same result at a lower price. In this way these markets are said to be more efficient and more difficult to beat long term, with many bookmakers now keeping a close eye on odds movements on popular betting exchanges such as Betfair and Matchbook. Chasing losses is found in any form of gambling, therefore if you caught yourself doing that, you are not ready yet for sports trading. This has given rise to a new breed of punter, the trader, who focuses solely on trading markets either pre-match or in-play, much as a stockbroker would the stock exchange. Matchbook has a great reputation among punters and traders, providing regular low commission markets as well as better liquidity on US sports betting markets, an area where both Betfair and Betdaq have struggled throughout the years. Being able to calculate a trade on Betfair or another betting exchange yourself is relatively unnecessary these days. When scalping, you're trading. This is essentially what the blue back windows represent. How To Calculate A Free Bet Let's say that instead of weighing our profit equally across all three outcomes, we want to trade for a sure profit on just one particular outcome, in doing so covering our pre-match liability, essentially giving us a free bet. If an early goal was scored or a key player fell injured, there was nothing a punter could do to limit their liability. For example, some traders will only work on Premier League goal total markets. Given their broad endorsement in the racing press and also by racing experts on social media, these horses are more likely to diminish in price as the day proceeds.