See full written explanation in slow-time here: after watching this screen recording. The software used for Betfair trading in this video is Geeks Toy for Betfair.
Betfair trading is the process of placing two opposing sports bets in order to secure a result, similar to cashing out. However, Betfair trading is done with a specific edge or piece of advantage information in mind. If you incorrectly predict price movement on Betfair’s exchange you will need to close your trading position for a loss.
Always do your own research and ensure that your Betfair trading has a logical method in mind, do not take risks! This video is for informational purposes only.
Here’s a follow-on Betfair trading strategy:
This video explains Betfair trading with a video example on the screen by Caan Berry.
Vídeo Completo
If you're interested in in-running trading, would also advise you check out this: https://caanberry.com/in-running-trading-tool/
hi mate banging video whats the software you recommend for the quick bets. how much is it? so the main thing you are looking for is a higher back odds than lay is that correct
On my first try of this I don't understand why if I place multiple bets on one game why can't I cash out each one individually and can only can cash out all of them…Also the confirming bets are confusing I don't understand them. It made me lose a few bucks…My question is if I place a bet on a team and that will win, do I get the profit 100% or will the profit depend on how many people confirm my bet and how much they bet?
Every now and again I re visit this vid, my first one on trading I ever watched!!!
recognise Albert Park beach …very interested in this Greg.
You changed backers odd's manually to 4. So can you change it to whatever you like? Why not then change back bet to odds 100 then you can win 100 x stake when the horse wins. 🙂
I still
good video, what was the name of the software you used, couldn't quite make it out?
Great video, only thing I don't understand is why would anyone back at a lower price available or lay at a higher price ? I see it usually has 3 prices available on each side with the middle blue and pink ones representing the best value. Why would anyone not choose these and go with the outside ones ?
Hello! Recently I have started doing a bit of matched betting on football and I'm profiting a bit, nothing crazy, but it's just something to do during lockdown. My question is, if I am matched betting and say I back a football team at 4.00 for £20 on the bookie's and lay them at 4.2 on the exchange with a free bet I am guaranteed £14.07 in profit.
BUT, if I see during the match that on THE EXCHANGE the BACK odds have moved to 5.4 and I backed them for £15 the little 'what-if' indicators all show green at around £4/5 each. Should I confirm that, would I then have ALSO made a successful trade in parallel to profiting from my free bet and in total have earned more like £19/20 or somehow does something cancel out (my brain is spinning).
Just to clarify, if you had placed the sets of bets on betfair at those odds (assuming the bets were matched) you'd be guaranteed 65 quid in profit less any commission?
Nice video still good info after all these years.
Hi Caan, I’m just learning now and I’ve got a question; what is the most efficient way of learning about the market and the strategies? Online courses or books?
Hi, I know that you use software, but I have a question about using the Betfair site for backing and laying. What happens if your betslip is partially matched? Can you cancel and change it? So for example, you placed a betslip of back of an amount of 100. Someone laid the same odds for 50. Now your Betslip is 50% matched. Can you cancel or change your betslip or not?
@12:55
Can someone post a link to the calculation of the odd and stake size, 6.8 * 1.42 = ~$10 (hedge value)
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You need to careful with this information. It's explained as if you can't lose but keep in mind not all if any lay bets will be accepted/matched.
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Surely this is just arbitrage betting. You get banned for doing that. What about using different exchanges against each other, like Smarkets or matchbook. They don’t even charge any commission where as betfair does
dont forget 9 euro comission , so u are winning -2 euro great stuff…
The problem is knowing which way the price will move. There doesn't seem to be any logical way to judge this.
You're moving the mouse around so fast I cannot see what's you're doing.
Betfair takes really high comission up to 5%. The maschine of betfair makes trading I thought. I heard of matched betting. But betfair tradings sounds really crazy. In Germany we only can use matchbook. Germans are limited
What's that app you using?
Is your 7 GBP before or after Betfair 5% commission?
Hi i try to place bet at same selection but always msg came that back bet can not be less than lay. Like you change odds if we change some time it says not matched so what should we do in such situation ?
how do you back at 4 what if it does not get matched
When you was adusting the odds the make it so you won no matter what with the stakes off 200 and 250, would you need to set the stakes to particular odds or can you pretty much place what you like as long as they get matched? so for example England on the weekend, can you set the odds to win at 4.0 and the lay at 1.15 and stakes to show the profit or loss?
I really want to try this but seems so confusing like all the graphs and things. Is there a way you could lose money by doing this?
Hi. If the back or lay isn't matched before or during race. Do you get your stake back ?
This video helped very much. I have been watching a lot of your videos and mostly been scratching my head trying to figure out how to profit either way as I just kept coming up with essentially free bets (with a risk of unmatched bets). Didn't realize I needed to click the green numbers to place the amount required for profit either way. Do you ever do any live streams so we can ask questions or live chats? There is probably a million questions I could ask. Also, is it really much of an issue that I'm not really much of a sports fan? Thanks for the videos and help.
Thanks for sharing your experience, I've been matched betting for a while and am now trying to study betfair a bit more, so this is very helpful 👍
Really interesting, making decent cash with matched betting but it will never be full time. The ‘lower risk strategy’ you showed to just make a few quid. Do you reckon you can keep risk low and consistently male a little if you are cautious if don’t get greedy?
Do you have to pay tax on this? Thanks
Hi loved the video i'm new to training and was wondering, if someone places say a lay bet for £45 on a lay bet on really high odds off 110 or something and i backed it at the same odds for £2 and say my back bet won or what would happen? thanks
Does this still work because it’s not working for me. I did everything you said to do to a tee and for some reason before I place the bet, it says that I’m either going to make no loss if any of the potential outcomes come through or in some cases it even says I’m going to make s profit no matter what. This is before I place the bet but the moment I place the be one of the potential outcomes automatically changes to say that I’m going to make a lose if that’s what happens and I always end up making a lose. I’m not sure what I’m doing wrong. Also how do you decide to put the 4 and 3 for your custom odds.