Horse racing each way betting strategy

Horse racing each way betting strategyHorse Racing Each Way Betting Strategy

One great betting strategy that I use is to give myself coverage when making an Each Way Bet . This is a really simply strategy to employ and what sport does each way betting lend itself best to? Horse racing of course (though this strategy can be used in any sport). Firstly, understand what the real basis of an each way bet is. It is one bet to place and one to win, so two bets combined into one, and generally you only use it if you think you horse will do OK. When you think that it has a decent outside shot at winning, but isn't the favourite.

With this Each way system, you can increase your profit if your selection wins, as well as taking insurance on your stake if your horse only places. The first step is to work out the profit that you would get if your horse just places. This is where it all begins. So if you have backed at 10/1 shot at £10, then a place market paying out at 1/4 odds will give you profit of £15. This is the figure with which you need to work.

So, you then take that potential £15 profit from a place finish and make an outright winner stake on the same horse . So you are laying out more in stake, but you have given yourself insurance. This is what I do, broken down.

£10 each way on Horse A at 10/1 = £20 stake

This bet returns £100 profit for a win

This bet returns £15 profit for a place

So place a further £15 stake (the value of a place payout) on Horse A winning outright at 10/1 = £15 stake This bet returns £150 profit for a win

So, what are the outcomes with this doubling up method?

Win . If the horse wins, then great, you get back £250 profit from a £35 stake (over the two bets). Place . If the horse places, which is what you expected by taking an each way option, then you win £15 from the Each Way bet . but as you spent £15 on the outright market, you haven't lost anything by risking the second bet.

Worse case scenario though, is that the horse fails to place, which means you have lost two stakes. But that is the risk worth weighing up. Because, if you pick out a horse and you earmark it for at least a place finish, then you should be confident of creating yourself a free bet with this horse racing betting strategy .

Horse racing trading systems-strategies on betfair

Horse racing trading systems-strategies on betfairHorse racing systems strategies on Betfair and Betdaq

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In this section we try to show available educational materials for horse racing strategies and systems on betting exchange like Betfair, Betdaq or Smarkets. Unfortunately most of the resources is only available in English. Please click the image below to be redirected to the strategy page.

Learn horse racing ebooks, manuals, courses, videos

If you want to succeed in sport trading profession you should all learn all the time. And I do not mean to follow the crowd. Try to develop your own horse racing trading strategy. This is the best approach and it pay off in the long term. If you need any help please use our QA forum for horse racing strategy .

Horse trading strategy betfair

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Betfair trading horses strategy strategies for binary options trading

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Betfair trading how to win€150in3horse races video

Betfair trading how to win€150in3horse races videoBetfair Trading: How to Win €150 in 3 Horse Races [VIDEO]

While trading the Betfair UK horse racing markets using BetAngel Pro. I recorded my trading moves to show how to win against other sports traders and make money with a €1,000 bankroll. Obviously we can’t win in every horse race, but if we stay disciplined and follow proper money management risking 1-2% of our capital, we should be safe trying out any trading system, until it is proven profitable. My main trading method is very short term swing trading, after identifying the long term trend of the horses’ betting odds. 5 years ago I would mainly scalp, going for one or two ticks watching the trading ladder, but given the help of the Betfair graphs and Betangel’s candlesticks, it is now much easier to point out the support and resistance levels for better entry and exit points.

Formula 1 Trading: How to Analyze Charts and Prepare for Race

Guarantee aprofit on betfair everything you need to know about locking in aprofit from trading on

Guarantee aprofit on betfair everything you need to know about locking in aprofit from trading onGuarantee A Profit On Betfair: "Everything you need to know about locking in a profit from trading on Betfair."

Guaranteeing A Profit is a continuation of Guarantee A Free Bet. However, instead of a free bet on the horse we traded on, we want a profit on ALL of the outcomes in that particular event. This means that we effectively achieve a profit no matter the outcome of the event.

In the Guarantee A Free Bet Section, we managed to achieve a quick free bet on a horse called Temperance. We're now going to place another lay bet on this horse to equalise the profit across the all horses.

To calculate the lay stake needed, we use the following calculation:

Current Profit Showing On Selection / Current Lay Odds

In thid case, we divided 52.25 by the current lay odds which were 3.0 to give a lay of ВЈ17.41 which resulted in a ВЈ17.41 profit across all outcomes. Please remember to back and lay the same selection for this to work.

To save time, you can use this calculator for equalising profits.

Learn how to apply these strategies on Betfair Markets:

Horse race trading asimple betfair horse trading strategy

Horse race trading asimple betfair horse trading strategyHorse Race Trading: A Simple Betfair Horse Trading Strategy

This tutorial will take you through the steps of Horse Race Trading on Betfair. There are many ways to trade on horse races but I'm going to show you a method that is extremely easy and does not require any special software because it is a long term trade (speed is not essential). Here are the steps that I use for this strategy:

Step 1: The first thing we need to do is identify races which show opportunities. In this case, an opportunity is where the horse racing chart looks like it's going one way. The best time to do this is at 11am in the morning as this is where some money has been fed into the market and trends have not fully developed. Here is an example of a chart (14:20 Goodwood - Depraux) that looks like it's going one way:

Can you guess where the odds on this horse is heading? This chart looks as if the price will go down over time and we can identify this because the graph trend indicates that the price has been going down for the past few hours from 5.9 to 4.4. Overall, I'd say I have a 70% chance of winning a trade on this horse. Some bad points are that the price opened at 5 but shot up to 9 and the chart is not steep which usually means it will not lower very quickly. The good points are that it's been lowering for the past few hours and will probably continue to lower. There is also resistance at 5.4 and 6.0 which can act as a stop and assess point for us if needed. This is what the odds looked like at 11am:

Step 2: After we identify a race we need to assess the likeliness that this trade will be a winner. Looking at strength and resistance points and the trend of the graph, you should be able to tell how strong a trade is. Most of the races you come across will not have clear trends and if this happens just move on to the next race. Typically, you should be able to find 5 or 6 of these opportunities per day. In this case, I felt the horse, Depraux, showed good signs of becoming a winning trade.

Step 3: To limit liabilities, I prefer to only search for backing opportunites. This means that the graph looks to be lowering and I will place a back bet then wait for the odds to lower and then lay to equalise a profit. In this instance, I did just that and managed to secure a profit on Depraux at around 1.45pm:

From the screenshot above we can see that I've equalised a profit of ВЈ9.50 on the field because the odds have dropped to 3.95 from 4.4. This trading method is remarkably simple and all it takes is some chart reading ability. Normally, I will check the charts at 11am and then return a few hours later before the start of the race to equalise the bets. To learn more about a similar method in more detail, check out this Betfair Trading Course .

Horse Race Trading: A Simple Betfair Horse Trading Strategy

This tutorial will take you through the steps of Horse Race Trading on Betfair. It is a method that i use and it is fairly simple once you get used to it. The first step is to find a suitable race. I usually look for a race which has a lot of tipsters backing one horse because it gives me an indication that the price of the horse will shorten (go down), since everyone will be looking to back it. To get tipster info, we recommend using RacingPost. All you need to do is scroll through the days races and click on selections. We have selected the race below:

This is the 1:55 at Towcaster on the 26th November 2005. I'll be looking to trade "Mon Mome" because 4 tipsters have tipped it. Once we have identified a race to trade on, we'll go to Betfair to look at the prices:

From the screenshot above, we can see that "Mon Mome " is the second favourite right now and it is available to back at 3.6. We will not back right now because it looks as though the price will go up and we want to highest price available. The price is likely to move up because there is more money available on the back columns (650+300+34 = ВЈ984) than there is on the lay columns (125+46+639 = ВЈ810). This is also known as "pressure of money"

or "weight of money" and provides a good indication of where the prices will move. Generally, if there is more money available on the back side, the price will go up. And if there is more on the lay side, the price will fall. Also, i only trade 10 minutes before the race starts because this is where there is more volatility (a lot of price movements). The time is now 1:48pm and our Betfair screen looks like this:

As predicted above, the odds moved up and i managed to place my back bet at 3.7 instead of 3.6. The screenshot above shows 3.65 because the odds moved after i took the picture. So far so good. Immediately after i placed my back bet, i put in a lay bet to lock in profit. There are a few ways to do this, but i usually just lay with the same stake (ВЈ2) for speed because i prefer trading manually (i do not use third-party trading software at all). My ВЈ2 lay bet will be shown as unmatched. but after a few minutes (sometimes a few seconds), this will happen:

My bet was matched and now i am all green. I will lose nothing if "Mon Mome" loses and i'll be in profit if it wins. From here, i can either equalise the profit over all of the horses, lay mon mome even more (if i think it will lose) or just leave the bet as it is. The decision is totally up to you but i would recommend equalising your profits whevenever you can. To do this, all you will need to do is work out divide the profit showing on the horse by the current lay odds. Or if you are lazy, you can use the calculator here and lay the horse with the excess amount showing your original stake i. e. ВЈ2.06 means lay the horse for a further .06 to equalise profit.

My advice is to practise with small stakes before to make sure that you can consistenly guarantee a free bet before moving onto larger stakes.

Betfair trading strategies horse

Betfair trading strategies horseDoes your Trading Strategy Work in Horse Racing Markets?

I often receive emails questioning why I have given up trading the horse racing markets at Betfair and whether a trader can make money nowadays trading fixed odds of the favorite horse. The fact that I cannot make it pay anymore doesn’t mean other traders are unsuccessful as well. It means my trading strategy is no longer profitable for me. Did the strategy have flaws or were the markets that easy to trade back in 2005? Maybe it’s because broadband internet connections have improved dramatically over the past few years worldwide and the technology advantage has been obsolete. The fact is though that my trading method is simply doomed to fail and here is the proof!

[box type=info] Learn about Betfair trading and read the latest news about sports trading in my new trading blog![/box]

From time to time I wander around the horse racing markets at the betting exchange and try to resist trading the odds. Yesterday I decided to try one last time the trading act, since I have received a couple of encouraging screen shots of another Betfair trader who wins more than €70,000 per year. I failed miserably as you all may see from my yesterday’s profit and loss screen shot in the beginning of the post. There was simply no point in continuing trading the markets for the day, as I lost 4 out of 5 races. Some would say that it could have been bad luck, bumping into the difficult markets of Monday. Truth is you know when your strategy isn’t working . you just see it in front of you. You enter the market and seconds later the odds move against you. You trade out only to see the odds move back up, towards the way you predicted. You wait and begin trading once again but it seems like either someone is quicker than you and your bet isn’t matched or they are smarter than you and when the bet is matched, the market moves unpredictably.

Support and resistance. technical analysis and trend lines you say? Sure, they are all there and boy, have I not discussed about them a lot. Betfair graphs aren’t the most effective charts to apply technical analysis on, but they do offer some help. In the end though, it is all about the profit and loss screen. Losses because I laid at the support level, and a support level breakout happened shortly afterwards. Losses because there was a false breakout and the support eventually held up but I was too stubborn to accept that. Trend lines which break and there is no sufficient odds’ fluctuation to make up the losses I accumulated during the first 5 minutes of trading the horse race. It’s becoming frustrating, and frustration is a sure way to disaster .

To all newcomers in the Betfair trading world, this article is not about the impossibility of winning by trading the odds and unbeatable horse racing trading. It is about the markets’ potential for any trader to turn a profit. When there are price movements and crowd psychology involved, there is always room to make money. What worked for me and doesn’t work anymore may actually work for you . Or alternatively what works for you may not work for anyone else! Shocking huh? Well, you just need to find out that specific winning strategy and apply it on the horse racing markets or anywhere else you see fit. And don’t let anyone tell you that you cannot make money these days. The final judge would be the PL screen of your Betfair account and mine has certainly made its point.

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Betfair horse racing trading strategies slow starters offer alow-risk proposition

Betfair horse racing trading strategies slow starters offer alow-risk propositionBetfair Horse Racing Trading Strategies: Slow starters offer a low-risk proposition

"For us the best thing is an over-reaction . Slow starting horses particularly in shorter races (7f or less) often provide this for us."

Published: 21 August 2014

If you've read the previous post about front-running horses you'll know although I'm no form student by any stretch of the imagination. I often look at basic information offered by Timeform to spot a horse's preferred way of running a race. On the exchange this represents an endless list of opportunities to make some cash, however nobody likes to risk too much so finding a way of returning a large amount for very small risk is understandably very popular .

For every action there is a reaction - for us the best thing is an over-reaction . Slow starting horses particularly in shorter races (7f or less) often provide this for us, as an example on Wednesday August 20 in a 7f race at Lingfield (14:20) Pinter ran with a starting price of [5.7]. Just about every time this horse runs it lethargically leaves the gate and tucks in behind the field for a held-up style of running, with the aim of producing a late effort, the result being the opposite of our front-running angle.

Often the price drifts, sometimes erratically depending on how slow the start is. If the other horses are to ensure the race is run at a strong pace the reaction is to be more severe. This is great for us as we have our first 'over-reaction' further into the race no attempt to gain ground means the price is more likely to drift.

At this point I know you're thinking that this is because the horse is losing, but for Pinter it's not true as it's just the preferred way to run the race, the great thing being an enhanced price is offered to the actual chance of winning. Pinter hit an in-play high of [720.0] before winning the race, even if the late charge had not resulted in a victory it certainly would have offered us an opportunity to trade out for a very large return on our initial stake offering a very large upside with a limited downside at risk.

It's up to you how you prefer to play it, often early on it's possible to make a fast profit (although not so large) whereas if it's left later in the race the risk of losing increases but the potential profits get bigger.

Obviously this strategy requires some judgement - although if you keep stakes very low at ?2 it's not all that easy to go broke. And with the aid of the tick offset tool in the GeeksToy trading software things are made far easier. You can set the tool so it will place your exit bet instantly after your entry bet is matched.

To make this strategy as painless as possible I would advise checking out the races prior to the start, you're looking for a horse that historically was 'held-up' or 'slowly away' in the description that also is believed to have a good chance of being relatively close in the finish. Pinter being the prime example.

The betfair-lay the field-strategy

The betfair-lay the field-strategyWhat is Lay The Field?

This strategy does pretty much what it says on the tin. You will be laying the whole field and depending on the odds you lay at and how many that actually get matched this can mean you can lock in a profit.

It might sound confusing but it is surprisingly easy to operate. For example, if there was a horse race where I wanted to use the LTF strategy I could input a lay of ALL horses at odds of 2 with ?10. So I am risking ?10 maximum as my liability. I would only lose that ?10 if only one horse gets matched 2 and goes on to win. If 2 horses get matched 2 then I break even and if 3 or more get matched 2 then I am making profits. In a really competitive race I might even get 4 horses matched 2 and walk off with ?20 guaranteed.

Of course, the odds you lay at are up to you. If you decide to lay all 3 then you need at least 4 horses to be matched 3 in order to make money. You could go lower and lay all 1.50 and then you would only need 2 horses to get matched to make profits.

If you have not tried this strategy before or traded horse racing in-running then you might be wondering how likely it is to find races where that many horses trade below those prices. Well, it can and does happen. I have seen races with multiple horses hitting 1.10 and then losing, that would be very profitable if you were trading that race but herein lies the problem with the strategy.

Just which races do you use it on?

The Lay The Field strategy is certainly a cool one to use and it is pretty thrilling to score a winner with it however it is trying to find the best situations to use it in that is the long term problem for many traders on Betfair.

Those who use this sort of strategy profitably in the long term will profile certain races and certain courses to use it on. They will also adjust the odds they ask for on each race too. Some races they might lay the field 1.67 whilst some might be more suitable laying 1.20. It all depends and it is only market studying and experience that will help you find the edges with this strategy.

It is important to understand there is no “one size fits all” when it comes to laying the field. The course length, the amount of runners and the competitiveness of the race are all huge factors. These days watching the race live to see if there will be a blanket finish is also something that can help.

Overall, Lay The Field really is a great strategy once you do crack it as it can be automated eventually too. The fact there are plenty of horse races to experiment on all day and every day can just add to the fun of trying to build your own perfect formula for laying the field.

If you do want more information on the “ Lay The Field ” strategy and some good courses along with odds ranges to lay at then check out this issue of The Trend Report.

You should also read this::

Expert advisors to define forex trading strategies under test

Expert advisors to define forex trading strategies under testExpert Advisors To Define Forex Trading Strategies Under Test

Expert Advisors will be supported as a means to define Forex trading strategies under test in the next major release of the Smart Forex Tester. We are already working on that important new feature.

To give you some background, Smart Forex Tester is natively working with trading strategies defined as text-based state machines. We have developed a simple price action strategy example that illustrates how it is working.

But for some users, expert advisors are more familiar tool so it makes sense to add such option to the Smart Forex Tester. How can we do that?

First of all, lets note that we cant use the Expert Advisors in binary format (i. e. ex4 files). This requires either reverse engineering (which is out of question), or access to a Metatrader server, which is just too costly for this purpose.

Fortunately, this is not a show stopper. If we define our own strategy that we want tested, we must have access to the source code. This is doable.

Expert Advisors Put Into The Sandbox

We will be using Expert Advisors normally in their native habitat Metatrader. But we will replace all function calls that manipulate quotes and orders with our onw functions. Other functions can work with Metatrader normally.

How Expert Advisors can be used with Smart Forex Tester

So we can see that Expert Advisors will be sand-boxed. After that, you can run the trading strategy tests like you normally do.

How to prepare the Expert Advisor for the test? You can open it in any text editor and made a context search-replace. We might also provide a simple tool for doing that.

Once supported, this functionality can be used for testing Expert Advisors, as such. To be updated on the current status, subscribe .

More details will be provided at expertadvisortest .

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Top3featured forex expert advisors for january2014

Top3featured forex expert advisors for january2014Top 3 Featured Forex Expert Advisors for January 2014

Posted 2 years ago | 1:00 AM | 24 January 2014 14 Comments

Happy 2014, earthlings!

I know Im a bit late for the New Year festivities but Im back with another set of featured forex expert advisors! These ones have caught my attention, as they posted promising results for the backtesting period I used, which is from January 2013 to January 2014.

Here are the top three systems that have caught my interest this month:

1. Very Blondie System

According to the description, this system waits for the price to make a strong fluctuation in a specified amount of time then opens a reverse position with a grid of limits. Sound interesting enough? Here are the backtest results using the recommended EUR/USD 1-minute time frame:

Free expert advisors

Free expert advisorsDownload Our Free Expert Advisors

Using Expert Advisors is a great way for traders to develop a consistent system for forex trading. Until recently, traders who lacked the time to learn MQL4 or had no background in computer programming were largely unable to easily create and use their own Expert Advisors. OneStepRemoved eliminated this hurdle for forex traders. Creating and using your own Expert Advisor now only requires creating your own trading strategy.

To help illustrate the ease of having your own trading robot written, OneStepRemoved has decided to give away free versions of some simple Expert Advisors. By downloading and running these Expert Advisors, you can see how easy it is to convert a mechanical trading style into a new forex robot.

We have decided to give away three EAs: Double Sevens; RSI Trend; and MACD Pivot Point. Each of these Expert Advisors uses a different trading strategy to trade the market. These strategies are simple robots built around relatively unsophisticated trading criteria. EAs allow for an almost infinite degree of customization and specialization for every strategy. Many traders start with a simple basic trading idea like the ones below, and then tweak and refine them until they reach a more complex, finished product.

These strategies were all built by OneStepRemoveds in house MetaTrader programmers. Feel free to experiment with these strategies and see how they work for you. Many traders come to OneStepRemoved with relatively simple strategies such as these, once we code the basic strategy into MQL4, we work with traders further to help refine or distill their new Expert Advisor.

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