What should you as a trader be using as part of your STRATEGY in trading?
I believe every trader should have a theory and then test that theory.
Your trading strategy should come from a space of something you have thought about. It could be an idea or a trend you have noticed watching sports or studying the Betfair markets.
Three strategies that I have personally used and have been very successful include
(1) Unders- in football, it simply means betting on fewer goals than the set number on the market. The popular unders market is backing under 2.5 goals, so betting would be two or fewer goals in a game, obliviously meaning if there were three goals, you would lose that bet.
When I started testing this, my theory or hypothesis was every trader betting on football would be betting on goals, precisely four goals.
Surprisingly, no one was betting for no goals or fewer goals, and the truth is that goals are not always there in football.
I think Unders can be priced higher than they should be probably because most people are betting on overs. What we know at Betfair is that markets are determined by what is being bet on. The bookies market uses statistics, but it is determined by how much money is spent when it comes to pricing. What moves the markets...moves the prices!
The best thing about the Betfair strategy is that it is safe, and you receive your selections every day.
(2) The big teams or big football clubs with big reputations, that despite their name and reputation, their odds do not reflect the reality. People want to bet on the big clubs.
(3) If you have been following me for a while, you know I have made my money as a professional trader by laying at low odds. My rule of thumb is, if the market's odds are suggesting the match is over, the question to ask yourself- Is it actually over? Is there ample time or ample opportunity for this to turn around? The idea of Betfair trading is about betting against the crowd, and when you do that in the right situation, that is when money is made.
Test the three points and find some edges that work for you. I have had very many strategies over the years, but I like the ones that I have tested. When you find strategies that work then that is where the money is, and you can make money on Betfair trading!
Watch a more detailed insight into the three strategies on this youtube video and <<claim your free strategies>> here https://youtu.be/55TL4nfLqFU
Let me know some of the strategies you use that have worked for you.
