HELLO, good evening and welcome to my blog. It’s easy to win money if you understand a) the market on which you’re betting and b) how to ensure you have a risk-free punt. Here are some handy hints for you all ahead of my next few tips which will all involve trading out for risk-free bets – and in some instances guaranteeing income regardless of the outcome. You will notice that the ‘cons’ of betting in running match the pros, but that is only if you’re an amateur punter who is constantly betting in a rush or letting your heart rule your head. Follow the guidelines below and in the course of the next few days I’ll show you some ‘real life, real time’ examples of how to protect your investment and enjoy risk-free betting.
Betting in running – Pros
Lots and lots of free lucre can be won while betting in running – if you’ve researched your event properly that is. Markets move like crazy until the race or match starts – if betting in running is available, the markets keep on moving right until the end of the race or match. Knowing when to place your bet, therefore, is just as important as knowing which type of bet to place and which event/team/horse/dog to bet on. In some instances it is possible to ‘trade out’ and have a free bet or even cover all options with a small profit on each, regardless of the outcome. The rule of thumb regarding the timing of your bet is fairly straightforward.
Be in full possession of the facts before you click your mouse. Know exactly who is playing or who is running and, using your successful paper trade spreadsheet as reference, place your bet when the market conditions you have concluded are the best ones show themselves.
Tip: pick your BACK odds and your LAY odds ahead of the event, whether you're backing to lay (i.e. expecting the person/team you've backed to roar into an early lead) or laying to back (i.e. expecting the person/team you've laid to go behind early doors).
Betting in running – Cons
Never bet in running when you aren’t watching what you’re betting on live, because otherwise all you’re doing is making a selection based purely on the odds rather than what you should be basing your selection on – inside knowledge, information you have gathered, fact and science.
Think about it – a “blind” bet or a lay on an in-running market is throwing away money and trusting to luck. If you don’t mind throwing your money away, simply make regular donations to a charity of your choice. By betting in running on something you’re not watching you’re not in full possession of the facts. Plus, beware ‘live’ internet feeds as these can be several seconds, or even minutes behind. A football team may be in front, for example, but might have had a man sent off.
All live betting should be done impartially and with a clear head. The reasons for this are many and varied, with some of the primary ones as follows.
Be honest with yourself when you answer the following three questions.
1) Do you watch live sporting events accompanied by a pint or two beforehand or during?
2) When you watch a sporting event are you supporting one of the teams or competitors for reasons outside the fact that they are statistically better than their opposition?
3) When you watch live sport are you with people who have partisan opinions about the teams or individuals competing?
If you can honestly say no to all three, then you might, just might, have a tiny chance of placing a successful in-running bet on a live event. Just be wary of the pitfalls. You’re more likely to place a successful bet on an event that you’ve given a lot of advance thought and consideration to.
In summary, a bet placed after a good few hours of careful, impartial research with a clear head is more likely to boost your wallet than a hastily thrown-on wager on a whim because you’ve been carried away with the emotion, the spectacle and the atmosphere – and you’ve had a beer.
Good luck & happy punting!
Remember: It’s all well and good enjoying a glass of champers here and there, but only do this after you’ve won.