How To Trade Horses In Play On Betfair Betting Exchange

You can trade horses on the Betfair betting exchange pre race off ( before the race starts ) or in play ( when the race is running ). Now the latter approach is more risky than the former but I like trading horses in play and I will  explain a strategy that I use which involves very little thought and is ideal to be run in automated mode hands free.
Why I Do Not Like Trading Pre-Off

Basically I do not like spending hours in front of a computer and yes you could automate the pre-off trading but I find when trading large amounts of money through Betfair I want to be there watching the markets. You could rely on stop losses to reduce your liabilities but that is easier said than done as finding the right time to fire a stop loss is difficult. You can sometimes fire the stop loss too early trading out for a red position too often. The same applies to greening up too early and losing potential profits. Now do not get me wrong you can make a significant daily profit by manually trading Betfair horse racing markets pre-off i.e. before a race starts. Some traders do automate trading pre-off but one trading strategy does not fit all Betfair markets. A generic strategy across all markets tends not to work as each market does not exhibit the same characteristics. Some markets have low liquidity or are tight handicap races the list is endless. The trading strategy described in this book is in-play and you can profit significantly using small stakes.

Summary Of How The In-Play Trading Strategy Works

This main Betfair trading strategy is only interested in UK and Irish horse racing markets which exhibit certain characteristics which we will discuss later. Now this will only trade a few races per day and this is intentional as we want to make our money and not expose ourselves to unnecessary risk. We want to trade a small number of races with consistent profits. Now you will get losing days but that is to be expected.

Book Contents

Introduction                                                                                                      

Some Traders Make It Complicated                                                         

Why I Do Not Like Trading Pre-Off                                                           

Summary Of How The In-Play Trading Strategy Works                    

Betfair Market Odds Movements                                                                                         

A Typical Days Trading                                                                             

Other Examples                                                                                                             

Tailoring This Strategy                                                                                   

Bonus Large Price Trading Strategy                                           

Scaling For A Full Time Living                                                             

Automating These Trading Strategies                                    

My Automation Rules File                                                                         

Conclusions                                                                                                        

£252 Profit in 4 days!

This is a game changer!

17th September 2023

5 trades

4 won

1 lost

For £10 stake profit was £130.

18th September 2023

8 trades

3 won

5 lost

For £10 stake profit was £75.

19th September 2023

6 trades

2 won

4 lost

For £10 stake profit was £7.

20th September 2023

6 trades

3 won 

3 lost

For £10 stake profit was £40.

Total Profit over 4 days £252 staking £10 per trade.

This strategy is in-play whilst the race is running!