How To Beat The Betfair Blues

If you turn on the television, open a newspaper, or tune in to almost any financial related blog at present you could be forgiven for thinking that doomsday is nigh upon us. Market “experts” the world over are predicting soaring interest rates, global recessions and devastation for investors, the like of which has never been seen before. If it’s all to be believed we should be boarding our windows, stocking up on tinned foods and preparing ourselves for the Grim Reaper….

But do you know what the real truth of the matter is?

It’s all BOLLOCKS!

Yep, you heard that right. It’s a media fuelled attempt at public scaremongery and if you have any smarts about you, you’ll soon realise why the idea is so darn ludicrous.

You see, in a “recession” property prices flatten out, interest rates increase, the stock markets drop in value and we’re led to believe that we’re all far poorer than we were in the Golden Years that preceded the “crash”. The scary thing about it all isn’t the doom we’re all facing – it’s the fact that the majority of people in the Western World actually believe this media hype and then run about withdrawing their loot from the bank and hiding it under their mattresses!

Well, I’m NOT going to be participating in this “recession” and neither should you.

I’ll tell you why…. for every trader who is holding stock that suddenly loses its value, there’s another who has suddenly made a huge profit. For every homeowner who bought when the prices were high, there’s another who is looking for a property when it’s a buyer’s market. And for those of you who are sitting with cash in the bank, all that’s going to happen is this – the interest rates will go up and you’ll earn MORE money. That’s it, full stop.

So you can spend the next few years worrying about the bad, bad, bad situation we’re in, or you can give yourself a shake and do something to adapt to the current climate, improve your life and make yourself more money. If you slow down, someone else will speed up - that’s life!

The Betfair Blues

And that brings me to Betfair.

This is a website that’s fuelled by buyers and sellers. When a buyer loses, the seller wins. When a seller loses, the buyer wins. That’s how it works. But if you were to pay a visit to their message forum you would find thread after thread from disgruntled punters complaining that “this isn’t the time of year for betting”, “the jockey is a dud”, “the stewards should be shot” and “that race was a fix”. People losing their money everywhere, or so you would think if you read the forum.

What most of these people fail to realise, and probably don’t even contemplate, is that while they’re busily letting off steam about the latest addition to their long list of excuses of why they did their dough again, someone else is sitting back with a large glass of wine and congratulating themselves on a damn good day. And some of these guys are doing it every day!

For every loser, there’s a winner on Betfair – it’s as simple as that.

When you think it through properly, a lot of these people are living in an ongoing “recession” and to a large extent it’s one they’ve created for themselves. Sure, things do happen that are outwith your control from time to time, but if you find yourself always blaming outside elements for your consistent failure on Betfair, then it’s time to change your tactics and learn to adapt.

The way to do that is this:

Working The Betfair Marketplace

The majority of punters land on planet Betfair after using more traditional means of placing their bets. They know how to back, but laying is a new phenomenon and many see it as the Golden Goose, because “hey, I’ve been backing losers for years, so this will be easy!”, but nothing could be further from the truth. Betfair is practically a 0% market, meaning that there is no significant edge at the odds for backers or layers, and while many people have huge runs of luck with lay bets, when the winners do come they have a tendency to burst your bank in some style.

So, until you have….

• A better than average understanding of the form book.
• Solid experience of how to spot contenders with weak profiles.
• The ability to take regular large losses on the chin.
• And a substantial operating bank.

….I wouldn’t even think about jumping straight in as a layer.

There are a lot of very good laying systems and guides available these days, some of which we’ll be reviewing on this website, but whatever you do, please don’t attempt to go it alone.

A much better option – and the method every long-term successful Betfair customer I’ve ever met uses – is to buy and sell prices in much the same way as they do on the stockmarket. What this involves is backing when the odds are high and laying off lower, or vice-versa, and locking in a guaranteed risk-free profit for yourself… often before the event has even started!

I’m sure many of you will have heard of this before, so it might not be a revolutionary idea for you, but for every person I know who has mastered the art of trading there must be another hundred or more who have failed. And the reason for that is quite simple. You must have…

• A proper understanding of how it all works.
• The right kind of tools to do the job correctly.

That’s it, in a nutshell. Trading is a real business, a very lucrative one at that, and you wouldn’t start any other kind of business without thoroughly researching the market, or arming yourself with the equipment to do the job right, so don’t think that trading is any different.

Here is what I’d recommend to help you get started today:

Easy Trader Professional

This is a huge 200+ page course that teaches you everything you need to know to set up and operate your own betting exchange trading business. It covers everything from the basics right through to the advanced strategies that big money Betfair traders use to extract spectacular profits from the exchanges. It’s one of the best courses I’ve seen and very thorough.

Bet Angel Professional

This is THE trading software the professionals use. It’s moulded on similar applications that exist for trading financial markets on the stock market and it comes equipped with a powerful suite of tools for making a living on the betting exchanges. Earlier this week I came across a special offer that allows you to try the full package absolutely free, so you can test it without risk.

If you want to beat the “recession” and create a better life for yourself and your family, then starting a career as a professional betting exchange trader is one of the most fulfilling, easily-operated and profitable businesses you could ever be involved in.

I do it every day and I’d highly recommend it….