Tag Archives | Betfair scalping

Betfair scalping trading techniques explained

Trading horse races has long been a way for enlightened betting enthusiasts to make profits on Betfair. Most horse race trading strategies on Betfair mean that the trader needs to learn a load of stuff about race courses, trainers, horses and jockeys. The hardest thing with trading horse races on Betfair is having to predict which direction a horse’s odds will move. It’s refreshing to have another option when it comes to trading horse races on Betfair where you need to know nothing about the horse, the race, and jockey… zilch, nada, nothing.

“I’m going to say something which seems paradoxical in some ways – but I became a good scalp trader when I realised that you can’t really predict which way the price of a horse will go.”

A quote from Wayne Bailey a successful Betfair scalping trader.

Scalp trading is pure trading. The scalp trader does not need to predict which way the market will go. It’s a numbers game. It’s all about getting more profitable scalps than unprofitable scalps. On Betfair there is no shortage of scalping opportunities. The trick is to find the best scalping strategies to repeat in order to profit from movement in the odds.

Founder of Racing TradersAfter turning a trading bank of £200 into over £100,000 by trading short term price fluctuations of odds on horses in UK horse races Adam Todd (pictured) created scalping software for like minded people. Get free Betfair scalping software from Racing Traders. Lots of training videos and guides are provided. Flexible subscription options are available to release all the features.

UK horse racing on Betfair is most often used for scalping. There is lots of money entering the market and the odds move around enough to make a profit. The principle of scalping is simple. Back at a high price and lay at a lower price and vice versa. Here is a simple example. Say there’s a horse called (Fuzzy duck) with odds of 4.4. A back bet of £100 is made. If they odds move lower than 4.4 it is possible to profit. If a lay bet was placed at odds of 4 using £100 that would secure a profit of £40.

If the horse wins the back bet pays £340 but the lay bet would have cost £300 giving a £40 profit if the horse wins or nothing if it loses. A risk free bet. What a trader will do is hedge the risk free bet. A trader wouldn’t be happy with a profit only of the horse wins. In order to profit if the horse doesn’t win the trader greens up. A green book means a profitable book and is a beautiful thing :).

The disadvantage of scalping is that if the price moves against you the book turns red. Not a pretty sight because it means that the trade will be exited for a loss. The skill is making more winning bets than losing ones. There will always be losing bets. This is a fact of life. There is no point trying to second guess the markets. A better approach is to use tried and tested Betfair scalping techniques. The rest of this article explains two Scalping on Betfair trading techniques.

Scalping trading stategies

Betfair scalping trading techniques explainedunratedEditor2015-08-28 13:50:26Scalping is a type of trading which profits from small movements in the price of something being traded in a market. Betfair the betting exchange is a market for betting enthusiasts who want to offer and make bets. After Betfair opened their website technology to software developers it became possible to scalp trade small movements in the price of sports bets. This posts explains scalping provides guidance for making the best scalp trades. Scalping on Betfair is an art rather than a science as takes practice to perfect. This post explains ways in which a Betfair trader can improve the ratio of winning trades to loosing trades with the aim of increasing profits. LetsCompareBets.com contains various articles and posts about scalping on Betfair which can be found here on the blog, in the trading and investing section and on the main website.
Betting exchangeBetfair scalping trading techniques explainedScalping is a type of trading which profits from small movements in the price of something being traded in a market. Betfair the betting exchange is a market for betting enthusiasts who want to offer and make bets. After Betfair opened their website technology to software developers it became possible to scalp trade small movements in the price of sports bets. This posts explains scalping provides guidance for making the best scalp trades. Scalping on Betfair is an art rather than a science as takes practice to perfect. This post explains ways in which a Betfair trader can improve the ratio of winning trades to loosing trades with the aim of increasing profits. LetsCompareBets.com contains various articles and posts about scalping on Betfair which can be found here on the blog, in the trading and investing section and on the main website.
Continue Reading · 0

What is scalping on Betfair and how is it done. Plus Video

A scalper is someone who profits from short term movements in the underlying price of a market. They are an extremely short term trader. The aim is to make money on the spread between bid and ask prices, or in the case of a Betfair scalper, between the back and lay price. This is true for financial markets as well, however, this article concentrates on scalping on Betfair. For scalping on Betfair you need two things, a Betfair account and Betfair betting software. Readers who need an explanation about Betfair should the Let’s Compare Bets guide to Betfair.

Adam Todd created Bet TraderAdam Todd is accomplished at scalping horse odds on Betfair. Let’s Compare Bets recommends Adam’s software because it’s designed for scalping and traders can use a fully functioning copy of Bet Trader software for free. Visit Racing Traders. Lots of training videos and guides are provided. Flexible subscription options are available to release all the features, most important of which is speed.

The concept is simple, if you back a price you must lay at a lower price, or, if you lay a price you must back a higher price to make a profit. Whatever happens your profit is guaranteed and is equal to the difference or spread between the back and lay price. Betfair is an ideal place to trade in this way.

Scalping on Befair relies on lots of liquidity in the market. It needs a constant stream on money entering into the market, backing and laying at different prices. As the price fluctuates a scalper can make money. Horse racing markets on Betfair lend themselves to this type of short term trading. A lot of money enters these markets even before the race starts. This is the time to scalp the market, the success of Betfair scalper Adam Todd is proof of this.

A strict exit strategy must be implemented because one large loss could eliminate the many small gains that you have worked to obtain. Needless to say, discipline to get out of bad trades and risk management is extremely important and if implemented properly it is possible for a scalper to make consistent profits.

scalping on Betfair

What is scalping on Betfair and how is it done. Plus VideounratedEditor2016-07-20 14:45:37Introducing scalping as a way of trading odds on Betfair. Scalper like Adam Todd who designed software to make scalping easier. See a scalp trader in action using exchange trading software designed specifically for the purpose of scalping on Betfair in the video clip. Follow the related links to get detailed explanation of scalping techniques.
Betting exchangeWhat is scalping on Betfair and how is it done. Plus VideoIntroducing scalping as a way of trading odds on Betfair. Scalper like Adam Todd who designed software to make scalping easier. See a scalp trader in action using exchange trading software designed specifically for the purpose of scalping on Betfair in the video clip. Follow the related links to get detailed explanation of scalping techniques.
Continue Reading · 1