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Guide To BetFair Trading For Beginners
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About this ebook
A complete step by step guide to trading sports markets on betfair. Such as Lay the Draw and Lay Under 1.5 Goals
LanguageEnglish
PublisherLets Get Tipped
Release dateJan 5, 2014
ISBN9781310929540
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Guide To BetFair Trading For Beginners - Lets Get Tipped
INTRODUCTION
Betfair is the world’s largest Internet Betting Exchange Company that offers punters a platform for online betting trading. Betfair was the first to introduce the concept of betting exchange, where punters bet against each other instead of betting against a bookmaker. Thus, Betfair differs from an ordinary bookmaker. With Betfair you’re no longer Betting – you’re Trading.
The best example, used by Betfair to explain their idea, is as follows: imagine two friends are having a bet while watching a football match. Betfair holds their money while the game is on. When the game is over and the bet is settled, Betfair hands the money to the winner.
Betfair offers to types of Trading a Back and a Lay selection, let me explain a little bit about both of these:
Back – This is when you are choosing a selection to Win an event or game. Just like placing a bet in a bookies
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