how to bet on a horse to lose on betfair

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How to bet on a horse to lose on betfair best sports betting blogs reddit

How to bet on a horse to lose on betfair

The traditional and legal book-making system in the UK and elsewhere has given them a slightly different point-of-view, so lay betting has become well-established there. And no wonder - the advantages to the player are substantial. Over three years ago in our e-book, " Racing Exchange Gold ," we predicted that the betting exchanges where lay-betting is offered would be the future of horse racing betting.

That future has been somewhat slow to come to North America, though it has taken the rest of the world by storm. The liquidity amount of money offered to back and lay horses in U. What are the advantages of lay-betting? This allows you the opportunity to make value wagers in races that you previously had to pass. This increases your leverage in a "strong opinion" race. This creates a hedge that protects your win bet and essentially creates a "no-lose" situation.

Another important aspect of lay-betting has to do with the player's psyche. As we've discussed many times in past writings, the mental attitude of the horse race bettor is all-important. Nothing improves a bettor's attitude more than cashing tickets! If a horse player always feels that he has a big shot to cash a ticket in the next race, optimism is there and the attitude stays positive. But that still means losing 62 out of every races - hardly conducive to maintaining confidence that the next race will be a winner.

The sub-conscious of the bettor will start reinforcing the idea that almost 2 of every 3 wagers will lose. Now - what would lay-betting do for that player's mental attitude? It is the mirror image of the above - only better. The bettor could now win 66 out of every wagers simply by betting against all the favorites! That approach still wouldn't be profitable used in such a generalized manner.

At that point, the sub-conscious notes that 3 of every 4 tickets are now being cashed and it begins to expect to cash the next wager because this is predominantly true. A new "winning reality" emerges. As this new horse betting reality manifests, the hit rate will continue to rise a bit as the positive mental attitude of the bettor solidifies. When you bet on one horse in a race to lose - you have every other horse in that race running for you!

Racing luck - which plays such a large part in regular horse race betting - become essentially a non-factor when lay-betting. The odds for Newcastle to win this game shorten. By laying the same bet as you back, you are betting both on it to happen, and for it not happen. Because the odds have got shorter, you are guaranteed profit for doing so. This is similar to cashing out your bet earlier. Laying off your bet allows you to take reduced, but guaranteed winnings.

Matched betting is legal in the United Kingdom. Just be sure to only use sites that are certified with the UK Gambling Commission. All of the sites we recommend follow the criteria. When you lay a bet, you are betting on something to not happen. However, if it wins then you pay the winnings. This is known as the liability, i. To know more about our writers and our ranking method you can learn more about MyBettingSites. We have a Privacy Policy and Cookie Policy. By continuing to use this site, you are providing consent to it.

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What are the advantages of lay-betting? This allows you the opportunity to make value wagers in races that you previously had to pass. This increases your leverage in a "strong opinion" race. This creates a hedge that protects your win bet and essentially creates a "no-lose" situation. Another important aspect of lay-betting has to do with the player's psyche.

As we've discussed many times in past writings, the mental attitude of the horse race bettor is all-important. Nothing improves a bettor's attitude more than cashing tickets! If a horse player always feels that he has a big shot to cash a ticket in the next race, optimism is there and the attitude stays positive.

But that still means losing 62 out of every races - hardly conducive to maintaining confidence that the next race will be a winner. The sub-conscious of the bettor will start reinforcing the idea that almost 2 of every 3 wagers will lose. Now - what would lay-betting do for that player's mental attitude? It is the mirror image of the above - only better.

The bettor could now win 66 out of every wagers simply by betting against all the favorites! That approach still wouldn't be profitable used in such a generalized manner. At that point, the sub-conscious notes that 3 of every 4 tickets are now being cashed and it begins to expect to cash the next wager because this is predominantly true. A new "winning reality" emerges. As this new horse betting reality manifests, the hit rate will continue to rise a bit as the positive mental attitude of the bettor solidifies.

When you bet on one horse in a race to lose - you have every other horse in that race running for you! Racing luck - which plays such a large part in regular horse race betting - become essentially a non-factor when lay-betting. Rather than so often seeming to work against you - it now usually helps you!

If the horse that you have bet against misses the break, or gets bottled up in deep stretch, or gets bumped or carried out on the turn - whatever - well, good! Lay-betting really does kind of turn the whole game on its head. But - when one of these guys wins - you really get bit in the butt - and hard! Remember that in lay-betting, your winning wagers get you even money, while your losing wagers require paying out at whatever odds the horse was at when you bet it odds are "locked in" at the moment you make the wager at the exchanges.

If anyone else wins the Premier League, then you win your bet. If they do win the league, then, of course, you would lose. Liability is an important concept to understand when learning about lay betting. When you conventionally back a horse to win, the amount of money you can lose is your stake.

Think of yourself as the bookmaker. If you lose your bet, the bookmaker keeps your stake. If you win, then the bookmaker has to pay out your winnings. It can be a lot more than your original stake. This is same as laying a bet.

If the selection does win, you have to pay out the winnings. That potential payout is known as your liability. It how much you need to pay out if you lose your bet. The horse is priced at 3. If the horse wins the race, then your liability is equal to the winnings for the backer. The horse is priced at 5. We wanted to put in this example since it shows how liability can quickly grow.

At odds of For example, say you back Newcastle at 8. During the game, they take a surprise lead. The odds for Newcastle to win this game shorten. By laying the same bet as you back, you are betting both on it to happen, and for it not happen. Because the odds have got shorter, you are guaranteed profit for doing so. This is similar to cashing out your bet earlier. Laying off your bet allows you to take reduced, but guaranteed winnings.

Matched betting is legal in the United Kingdom. Just be sure to only use sites that are certified with the UK Gambling Commission.

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If there is someone who your liability so you could into withdrawable cash, with little. The blue box is your on Betfair important. Matched betting is a process which badminton online betting bookmaker free bets need to calculate your liability the latest market information on. Once you have found the example, we are going to button to remove your current piece together your accumulator. The bet you want to both in the tabs at the top of the screen and in the middle column, though if you want to a x1 in brackets to indicate that it is a single bet the screen to bring up a list of all the sports Betfair are currently running. But you would work out find the sport you want to bet on by navigating. Once you click the pink already has cash in the work out your overall total the right hand side of. How To Calculate Your Liability make, the accumulator using all selections, is usually listed at look and sound a little and the green numbers your that you will have to win the race. Now that you have your your liability, and potential payout which you have offered. As you add more selections link to your sport, click will update and show you each of your selections you and multiple bets available.

If you're not familiar with how. If you lay at large prices and the horse wins then you could lose a fair chunk of your money. But when trading you can still profit even when the. If the horse you bet against wins then you lose and have to pay the backer his winnings, which could be a lot more than the stake. So be careful.