Horse Racing at Betfair
Betfair is without doubt, the biggest and the best betting exchange on the net. If you don't have an account, you're missing out.
As this site is concerned with horse racing betting, this article is going to concentrate mainly on what they have to offer the Horse Racing enthusiast.
Laying Horses to Lose
The most obvious advantage to using Betfair is that you don't even need to pick a winner in order to win money. All you need to do is pick a loser!
However, be warned! Whilst this sounds like a dream come true, it soon becomes apparent that it isn't as easy as it sounds.
There are always shocks in horse racing and those seemingly no-hope 100/1 outsiders do occasionally come in.
Having said that, if you really feel that you have identified a horse in a race which really has next to no chance of beating its rivals, lay it on Betfair. If the horse doesn't win the race, your bet wins!
Also, if you have subscribed to a totally rubbish tipster or you have purchased a so-called "Winning System" which is proving to be anything but, don't feel that you have wasted your money. Why not lay the selections they throw up on Betfair?
Bet In-Running
Betfair gives you the chance to back or lay any horse "in-running" (i.e. whilst the race is actually being run).
It can be very frustrating when you have spent hours studying the form and have reduced a field down to a couple of contenders, you put your hard-earned on one of them and it falls at the first hurdle or refuses to run.
With Betting in Running, you can now have a covering bet on the other horse(s) you had on your shortlist.
Betting in running can be a very exciting method of trading as, particularly as the race draws to a close, contested between two or three horses, price fluctuations can be considerable as people's opinions on which will win vary.
If the horse you picked before the race is running well then it's price will "come in" and betting in-running may well give you the chance to lay the horse, thus guaranteeing a profit, even if the horse doesn't win.
Always bear in mind, however, that even if you are watching a race on television, the pictures are slightly delayed and what you are seeing on the screen, might not actually reflect exactly what is happening at that moment in a race.
Betting in-running is exciting, quick-fire betting and well worth a try... just be careful!
Betfair and Timeform
Betfair have now teamed up with Timeform and offer an extensive horse form and results service on the site.
Benefits include:-
- New FAST results service
- Live information service. This will include live information providing the latest non-runners, jockey changes, going changes, weather updates and other important information to help your betting on Betfair.
- Racecards with live Betfair prices
- Full results service both for the day's racing and historically
- View career stats for horses, jockeys and trainers
- View course stats by meeting for top jockeys or trainers with rides or runners at that meeting
- Free PDF Racecard. Download and print your own detailed colour racecards for UK and Irish meetings with Timeform perspective comments for every runner
This really is a goldmine of information for the anyone serious about making money by betting on horse racing.
Conclusion
As I am sure you can see, an account with Betfair is a must for the horse racing betting enthusiast.
There's an awful lot more to discover at Betfair than I have detailed here and with new features being added regularly, an already fantastic betting medium is only going to get better.
If you don't have one already, Open a Betfair Account Today! You will even get a Free £25 Bet to play with!
