A beginners guide to Cheltenham

With Cheltenham Festival coming up we have a few tips for the new and casual punter. All major boomakers are offering incredible bonuses during the festival week work £1,000s we have them listed in our Cheltenham Festival Bonus Diary A Day At The Races: Growing up in Baltimore, home of the famous Pimlico and its Preakness Stakes, I spent a childhood filled with trips to the races. The 1970s were not exactly the glory days of racing, but there was still considerable fanfare about the Sport of Kings. Everyone in my extended family had some “secret” to picking a winning horse. My grandfather insistently studied the pedigrees of the horses in each race; my mother opted for a more down-to-earth approach: she went to look at the horses in the paddock right before each race, and placed her bet on whichever horse relieved itself in the paddock. I, still in the single-digit ages, had a “lucky” pair of purple socks.

“Picking a winner” can be an exacting science, and the amount of effort you decide to put into it should probably reflect your own goal when you’re at the track. If you’re really just out at the track for a day of fun, you’re probably safe with the “lucky sock” approach. Let’s say you really want to make some money, though–or maybe you just really like to analyze things. You’ll want to put a bit more thought into your picks. Look at the information in the Daily Racing Form (it’s for sale at the track). It gives you what you need to make an informed decision, especially the horse’s past performance, and how the horse has done with this particular jockey. Once you get used to using this kind of information, you’ll do better at making a good bet.

Things you’ll want to consider when you look at the racing form: Does the horse seem to prefer a specific track condition? If the horse has performed consistently well on a dirt track, but not well on an artificial surface or turf, you’ll want to think about the kind of surface your track has before you bet. How about the jockey? The racing form will give you this, too. If a horse has always done well with this particular jockey, your bet stands a good chance. And what about the odds on your horse? If the odds are high, then you can win a lot more–but the horse’s chances of winning aren’t as high. For a pretty safe bet, pick the horse with the lowest odds–the favorite–to show. (This means your horse can come in first, second OR third.)

Racing has come to be seen as a little old-fashioned in the past twenty years, but it’s being rediscovered as a fun way to spend an afternoon. Remember the old saying that it takes money to make money–if you want to win big, you’ll probably have to put down a bigger bet–but you don’t have to break your budget, either. For your first time out, restrict yourself to the two dollar bets on the favorites. You’ll be excited if you do win, and you won’t be too disappointed if you don’t. After a couple of weekend outings to the track, you might have your own pair of lucky socks.

Exchange And Betfair Trading

Typically the numbers of individuals working at home making use of their own skills on the web keeps growing at a breakneck speed and one of the biggest areas of growth in The UK is online trading, in sports activities as well as various markets.

There are many benefits of establishing and operating a sports or miscellaneous trading operation from home. Firstly, overheads are kept to a minimum, there is no need for expensive office property or expensive staff, and there is no requirement to buy stock or any possibility of bad debts. Secondly, any and all profits are completely tax free ( in Britain presently at least, though you would need to check that in your own country. )

The markets that you can trade from home are far too numerous to mention here, but are not confined solely to sports. Political appointments and results, stock markets, even reality TV show results are avidly followed by the growing army of online traders.

So what is the difference between online trading and gambling? Very simple, in betting you bet on a horse or a team in the hope it is victorious. In internet trading you buy a bet as you think it to be of good value, after which you are able to sell it to another person to get more cash if you would like, therefore locking in a guaranteed profit whatever the result of the horserace or sporting event or whatever it is. On the other hand, should you think a bet to be overvalued you are able to sell it first, armed with the idea of buying it back at a lesser amount of money a bit later to make your profit. This procedure was completely impossible using a conventional bookmaker before the creation of betting exchanges.

Just what exactly is the big difference between trading the Dow Jones closing price on the stock exchange, to trading exactly the same thing on the betting exchange? In my view, nothing whatsoever, other than obviously the ridiculous benefit I mentioned before that all of your profits from the betting exchanges are usually untaxed. Small wonder then that serious organisations and serious cash are already flowing into the betting exchanges in the past number of years.

Additionally they provide a hedging vehicle in order to balance current trading in more traditional markets and here also the increase of business continues to be heavy and sustained.

Currently you will find numerous publications and courses available supposedly to tell you and teach you how to effectively trade these exchanges. As with all business books and manuals, some are brilliant and rapidly become bibles, while others need leaving in the nearest public convenience poste haste.

All this interest in online trading has brought a huge surge in liquidity that makes it so much easier to trade. On one exchange alone during a recent cricket match, in excess of forty million pounds was matched, that’s about seventy million dollars. On one game! That’s a stat that is bound to make anyone think seriously about online trading.

Betting exchanges are gaining credence and influence all the time and with each month that passes seemingly another country legalises the entire operation, and it would seem that it is only a matter of time before the big betting exchanges will be totally made legal and accepted around the world. The rapid expansion within this industry is certain to carry on, government interference becoming the only feasible barrier to their onward global acceptance.

Should you be considering starting up a new internet business at home, and if you’ve got a talent for maths, you can do a great deal worse than examine whole business of trading online.

Exchange And Betfair Trading

Is It Easy To Make Money On Betfair?


Download Betangel Pro Demo

Since the Betfair betting exchange arrived on the scene over a decade ago, it has grown year on year. At first the bookmakers tried to have this type of site closed down, when they failed in that, they then tried to get the government at the time to tax them out of existence. Of course that failed as well, and now betting exchanges are now part of the normal fabric of the betting market. It is not that long ago that the bookmakers embraced them, and now pour a lot of money into them. It is not unusual to see a race at 9:30pm at Wolverhampton on a Saturday turning over more than half a million.

Using Betfair is easy, and for those who have not tried it, then you are losing out on many prices that are better than SP, and in a lot of cases, even favourites can go off at prices showing a decent margin over SP. The only horses that fail to beat SP are usually those which are heavily odds on. Unlike the bookmakers, there are many ways to make money on Betfair due to the better odds. The most obvious is by doing win bets, but you can also lay horses to lose. Most people believe that finding a loser is easy, but when looking to profit from them, it is actually much harder. This is because lay betting must include the overbet, which is basically the difference between SP and the exchange odds.

Although professional gamblers will use a set of rules when selecting something to bet on, whether that be a horse or a football team, and use them to help make a decision. This is method betting in a systematic way, and so is basically a flexible system. When first looking to profit from betting, though, it is always a good idea to stick firmly to a set of rules. By doing this, it is easy to see where you are going wrong as you should be writing down every bet you do. This should include going, track, distance and race type, as well as the odds, and whether or not it won.

By doing this, after a few hundred bets, whether you have shown a profit or not, it is time to analyze the data. This may show that the system is useless when the ground is soft, and even worse for sprints. So, by excluding the really bad trends, you should be left with a decent one. This may show a profit, or if not, refine it some more. Most people tend to give up on systems too quickly looking for quick profits, rather than being in it for the long term and doing the research.

Below is a free horse racing system that profits over the long term when using Betfair. This is just something simple, many people tend to overcomplicate things. There are thousands of potential profitable systems that are based on only a few rules.

Rules:

AW Only
Tracks Southwell or Lingfield Only
Must be likely favourite
Distance 6f or less
Handicap Only

Results:

2010 +14 – 26% SR
2011 +3 – 29% SR
2012 +30 – 32% SR
2013 +36 – 36% SR
2014 +19 – 35% SR

Number of expected bets is 170-210 per year.

Of course you can also do trading on a betting exchange, and it is essential to use a tool that has an option so you are not using real money, such as Betangel Pro. As mentioned earlier with systems, people tend to jump from one thing to another with this kind of software, rather than keeping to something specific and making small adjustments until it becomes profitable.

Figuring out how to make money on Betfair is quite easy to be honest, you just need to put the work in and be patient.