Profitable Betting Strategies for Australian Horse Racing…

Aussie horse racing has become one of the key strategies to trade on Betfair Exchange. Every trader will be happy if they lay lower and back higher.

If you’re interested in joining the fray but don’t know the shortest route to make a profitable Australian Betfair trading, this brief will help you.

However, for detailed and fuller insight, try to watch this video…

Study the Market Forces

Before you start trading, it’s important you understand and identify those factors that have short, medium, or long term impact on market activity. Here, you need to know people’s feelings about the market, market activities and influences, and changes in price.

The ability to accurately evaluate and identify the direction of market flow as well as the focus of price movement is strategic to making profit on Betfair Exchange.

Scalping Price Change

For bettors not interested in in-play betting, this is the best strategy because it helps them to make quick but serious bucks without relying on price forecast.

For instance, you will make some profit if you stake at 4.4 an unparalleled back bet and an unmatched lay bet at 4.3, given that there’s an insignificant difference of 1 tick between the two prices.

Scalping price change requires leveraging the movement and difference in prices, technically called ticks. You also need to find out the ‘why’ of the price change.

Pick Short-Term Turnover Bias

It’s no rocket science to conclude that betting profit depends largely on change in price. This is often the time traders don’t want to stake. The trader must understand the flow of the market and answer if the flow is going in his favors.

However, the good news is that you have a higher chance of making some real quick profits when there’s sparse market activity. But remember to stake in proportion to the market value and price bias.

Non-random Swing in Price

Sometimes, there could be price fluctuation in which case volume of trade increases and price prediction is partly possible. In this instance, it’s advisable for traders to latch in on the opportunities to make more profit. Traders have to pay closer attention to new prices and market flows.

Finally, each of these strategies comes with its dynamics, and it requires consistency and a right understanding of what the Betfair Exchange market entails.

This is why you need to watch the video above from start to finish!