Betfair Reviews Coming Soon

How many times have you seen favourites beaten? More times than you can count! Well why not take advantage of this all so often occurrence, How you ask? Betfair one of the world’s largest online traders is your answer. Just this afternoon we have laid 6 losing’s fav’s from as many races and made a nice little profit to boot.(100% to be exact) Being able to lay horses is the best thing since sliced bread. But with all investments of this nature make sure your selection criteria is sound.
With the advent of Betfair, it is now possible to trade on this level with ease. How does it work I hear you ask. Basically Betfair is an online trading venue and people all over the world put up prices on the predicated outcome of events. Horse racing, greyhounds, trots, football and a range of over events. Unlike the TAB’s and bookmakers Betfair doesn’t have a pool of money which it pays out from, all of the money comes from the people investing on the events. So simply put it is like betting against each other.
The beauty with this is that you can invest on an outcome not happening, “like the favorite in a race is not going to win.” So instead of investing on a horse in that race you think is going to win or run a place you put in a bid saying that you think a horse is going to lose, if someone thinks that the horse you have selected will win you have a matched wager, this means that if your horse loses you collect. The other advantage of this is that you can chose the price that you want to lay the selection at, obviously the short the price the smaller the amount is that you will risk losing if the horse does win. When you place a lay wager with Betfair you can instantly see what your liability and possible profit is in the corner of the bet slip.
There are so many possibilities with a Betfair account and over the next few days we will be posting some really in depth reviews of how you can use this product. Please call back to check them out.