How did I achieve these green screens?

I’ve got a new hobby…

…collecting green screens.

I’ve been trying out some horse racing trading using the Betfair markets and have achieved three consecutive days of profit.

Here’s the good news (below) and some of the green screens. A green screen means we win regardless of which horse wins!

The screens you see above are from Fairbot (see www.binteko.com).

Although it is possible to trade the horse racing markets without using software (e.g. backing front-running horses, and hoping said horses hit the front in-play so you can trade out), I simply wouldn’t attempt horse racing trading pre-race without Betfair trading software.

How did I achieve these green screens?

I traded in the following manner:

I exclusively lay traded. This means I lay a horse and trade profitably if the horse’s odds increase. I figured that horses have a greater chance of losing than winning.
I ‘one-tick’ trade. This means if I lay a horse at 4.6, I automatically place a back trade at 4.8: if the 4.8 odds are hit, I am in profit.
I ‘swap’ trade. I lay at the current back price and back at the current lay price. The hope is that this creates a quicker trade.

This may be all gobbledy-gook for you at the moment. Once I have more experience, then I can clarify how I do it much better.

The bad news?

Trading the horses makes Formula One look interesting.

And it does require a reasonable betting bank in order to create a reasonable profit per race.

The rules I have devised in trying to create a horse racing trading strategy that you can duplicate are (so far)…

Never let a trade go in-play, and…
Never ever let a trade go in-play!

Yes, follow those two rules and you won’t go far wrong. I am in experimental mode at the moment, and have a lot of reading material on the subject of horse racing trading to digest. I hope this reading material can give me more ideas.

I need to look at:

Front-runner trading. The idea here is to find horses who are perennial front-runners. It’s a logical idea really. Find these front-runners, back them pre-race, and lay at a lower price in-play for your guaranteed trade.
Strong-favourite trading. Some races are utterly dominated by one horse in the betting market. By backing that strong-favourite early, the hope is that the horse’s odds will shorten throughout the day and allow us to trade out for a profit before the race has even been run.
The staking. We need a staking plan, even with trading.
The software. Ladder interface or grid interface.

Here’s a ladder interface:

And here’s a grid interface:

This could be my new project. This is what excites me…

Race after race of a guaranteed profit, most often before the race is even run. Please deduct a £100 from the horse racing profit yesterday – we had a power cut at home and my trade went in play and thankfully won me £100. So another rule for you! Make sure the leccy is working!

I hope you can see the potential if we can get horse racing trading right. I am profiting currently but my current strategy is not immediately fit for duplication. Stay tuned and I’ll update you on any more distinctions I make with horse racing trading.

Before I go, check out this fantastic offer from Racing Profit Booster: save £45 when you get 15 months for the price of 12! This offer is only open until 30 April, so click on the link below today…

Have a great weekend and think green!

How did I achieve these green screens?

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