Welcome !

Play at Goldenpalace
> 300% Bonus now !
Play at Bodog Casino
> America's Pride !

Man's instinct to gamble is the only reason he is still not a monkey up in the trees - Mario Puzo

Gambling Articles >> Newsletter: Blackjack Strategy Software <<

Trade The Football Markets On Betting Exchanges To Generate Profits

I was a full-time Betfair trader for nearly four years and although I predominantly traded the financial markets, I also made quite significant profits from the football markets. Now this wasn't achieved by placing bets on teams I thought would win, in the traditional way, but by using the betting exchanges to trade the prices.

For example, if I think a team's price on the exchanges has drifted out too far in comparison with the bookmakers' prices (Oddschecker is an excellent odds comparison site), then I will look to trade it. In this case I will be looking to back it at the current price and lay it back later at a lower price for my initial stake plus a bit extra to guarantee a profit whatever the outcome.

To demonstrate my point I will use an example taken from my site. In the recent FA Cup match between Chelsea and Colchester, Chelsea were available to back at 1.14 on Betfair a few days before the match, yet they were trading a lot lower with the bookmakers, ranging from 1.07 to 1.11. You would expect the prices on the exchanges to be slightly higher but at 1.14 this was double the price of the lowest bookmaker price.

Therefore at a generous price of 1.14 and expecting a drift inwards, this was a solid potential trading opportunity. As it turned out this price did indeed come in and a day before the match Chelsea were now available to lay at 1.12. So if you had backed Chelsea for say £100 at 1.14, you could have layed them back at 1.12 for say £102. This would have guaranteed a profit of £1.76 if Chelsea won (£100 @ 1.14 = £14) - (£102 @ 1.12 = £12.24), or £2 if the match resulted in a draw or Colchester win (£102 - £100).

Now obviously these profits sound very small, but if, like me, you trade in the thousands these profits can be quite substantial and can build up nicely over time. For example, if your initial stake in this example was £1000, then your guaranteed profits would have been £17.76 if Chelsea won, or £20 if they drew or Colchester won. Also, you wouldn't essentially be risking your £1000, because as you are using it for trading, you should always trade out, and therefore even if the price moves against you, you would only lose a small amount.

This was a good trading opportunity, but I should point out that opportunities like this do not exist in every match. Often you may only find a few good opportunities every week, but I can guarantee that there will always be potential trades out there.

## End of Article

What do you want to do next ?

Play Casino Games
$7777 Cash Bonus, more than
75 games
Bet on Sports
10% Cash Bonus, Live Lines Inferno
Play 3D Online Slots
$5000 Free Bonus, Instant Game Play
Play Internet Poker
100% Cash Bonus, $50000 Points Race
Bet on Horses
10% Cash Bonus, Horse Betting Toolkit
Play Online Bingo
Free $6 Bonus. Bingo Tourneys, Slots, Video Poker

Gambling Article Source: http://www.eternalgambling.com/gambling

Jim Buccini is a former full-time Betfair trader who has produced a website detailing proven profit-generating tips and strategies. For more information click here: Betfair Tips and Strategies

Please Rate this Gambling Article

Not yet Rated

Get Sportsbooks articles via RSS by clicking the icon above !

Additional Gambling Articles - Home | Betting | Sportsbooks

Choosing the Right Online Sportsbook - By : Michael Lee-Smith
9 Sports Betting Success Strategies - By : Michael Lee-Smith
The History of Online Sportsbooks and Sports Betting - By : Sam Wolfe
How To Wager On Hockey - By : Max Gundlach
Some Sports Betting Success Keys - By : Wallace Willis
Understanding Sports Betting Lines - By : Jane Wyvern
Some Sportsbooks Post Betting Lines On Anything - By : Luken Karel
Internet Sports Betting - Common Mistakes - By : Luken Karel
What Makes Great Online Sportsbooks - By : Sebastien Veilleux
Internet Sports Betting - An Explanation - By : Kenneth Bateman

• Best Online Casinos	• No Download Casino
• UK Online Casino	• Casino Reviews
• Poker Glossary	• Online Poker
• Online Betting	• Online Bingo
• Mobile Casinos	• Gambling News
• Casino En Ligne	• Casino En Linea
• Giochi Di Casino	• Sportwetten
• Casino Spiele	• Poker Spiele

Rushmore - Best Online Casino Games

Rushmore Casino is one of the newest and hottest of today's online casinos available to you. Its truly terrific online casino software offers you great and incredible graphics, all the latest online casino games, of course also friendly 24/7 Customer Support and more. And you will enjoy an unbelieveable $888 Free Bonus at this very quickly growing casino, also available as no download version. Play now !

Bodog Poker - Best Online Poker

Bodog Poker offers you the best in on line poker: world famous pros like Evelyn Ng or A. Musumeci, a huge bonus of up to $1000, real online poker or play money games. Its online poker room was created by world class poker professionals, and surely provides you with the ability to learn, chat, and also play online poker with the pros, and you will be rewarded with a 100% signup poker bonus. Play now !

	Print This Article
	Add To Favorites
	Email to Friends
	Ezine Ready

Submit Gambling Articles
Author Account Signup
Author Login
Contact Us
Most Popular Authors
Most Read Articles
Submission Guidelines
Gambling Ezine Notifications
Gambling Article RSS Feeds
Terms of Service

Terms and Conditions : Privacy Policy : About and Contact

* World Series of Poker and WSOP are trademarks of Harrah's License Company, LLC ("Harrah's"). Harrah's does not sponsor or endorse, and is not associated or affiliated with the products, services or promotions presented on this website.

Site Counters by RelmaxTop