Twin Racing Experts – 2 fantastic new racing tipsters explored in SBC 128

Betting on horse racing is one the most popular sports for all kinds of punters – and for good reason – as with the right expert(s) to guide you, there is a serious edge to be made!

To back this up, in the latest SBC Magazine (Issue 128) the SBC team reviewed 2 very promising racing experts, both of whom have showcased a long-term profit betting not just with bookmakers, but also at Betfair SP.

Allow me to explain more with a brief rundown on what you can read in each review:

TIPSTER 1 – HANBURY RACING

The first review features our deep dive into Hanbury Racing – a service we featured in our latest podcast episode and one that has an impressive betting record dating back 2 years now.

The service’s current record stands at 42% ROI over a 1,450 bet sample to bookmaker odds.

Better still, profits increase when comparing the results to Betfair SP – who will never close you down for winning (unlike modern day bookies!)

This means you’d be able to make money at the exchange, all the while avoiding any account restrictions from the bookmakers.

Win win!

TIPSTER 2 – NAME FOR SBC MEMBERS ONLY!

Tipster 2 is a service we are keeping the identify of a secret for SBC members only!

What I can tell you is that it is another horse racing service that has a winning track record at both the bookmakers and at Betfair SP.

This is a service that takes a selective approach and specialises in selections during the flat season, an approach that has meant a 35.82% ROI since 2016.

And as mentioned the strategy is also profitable at Betfair SP. Over the same betting history, the ROI at BSP is a very healthy 32.77% ROI.

So for those of you with less time on your hands and with less bookmaker accounts, this could be the perfect service for you.

READ SBC 128 AND BOTH TIPSTER REVIEWS NOW!

To read the full reviews of both tipsters as included in SBC 128 and also our huge back catalogue of past issues and reports, a Smart Betting Club membership is required.

It’s a great time to sign-up too as our memberships are currently at super low prices, starting from as little as £37.99 + VAT for 3 months.

Not only that but both tipsters featured in SBC 128 offer significant discounts on the cost of joining them but only if you hold a Smart Betting Club membership!

At our low cost membership fees, you can often make back what you pay to join the SBC with the numerous exclusive discounts and free trials we have available.

Plus we’re so confident that you’ll love our subscription that we’ll give you your money back, no questions asked for up to 90 days, depending on your membership term.

If you have yet to make a profit betting OR if you are looking to add more profit on top of what you already make, then the time to get started is right away.

As soon as you sign-up you are given INSTANT access to the Smart Betting Club members area and all of our expert betting content.

Subscribe here and take your betting to the next level

Special new podcast on the fantastic racing tool reviewed in SBC 127

To explain more about the potency of the profitable racing service reviewed in the latest Smart Betting Club magazine (Issue 127), I have published a special new podcast today to reveal all!

As well as sharing the name of the service in question, I also outline the value strategy behind it all, some of the filters to generate even more profit and just why the SBC team use it every day.

In part two of this special podcast, I also touch on the major Golf Betting Report also published recently and the significant profits being made on this sport.

Just yesterday, one of the top tipsters we recommend backed both the winners on both tours – Ryan Fox at 55/1 and Scottie Scheffler at 25/1.

You can listen to this episode now via Apple / Spotify Google and all other major podcast directories (search Smart Betting Club)

Watch out for the return of the SBC Podcast Interview Series next week with a very special guest lined up!

Bookmaker Profits +2165 Points

The racing tool reviewed within SBC Issue 127 is something those of us who work at the Smart Betting Club use every day, hence why we so strongly recommend it.

This recommendation is based on the real-life profit it has made for us over the past 18 months and the knowledge that if followed as we outline, it can be profitable for anyone.

Here are the headline figures from the sample of 19975 bets taken across 6 bookmakers since August 2020 as featured in the review:

As you can imagine, a profit of 2165 points @ 10.84% ROI is not too shabby at all from this – based on 0.5 point each way level stakes on every bet.

Boosting The ROI To Nearly 30%!

As good as the 10.84% ROI undoubtedly was, we found that by applying some sensible filters we were able to hone in on the very best performing bets.

For example – the table below showcases the best filters all applied together, which over the course of 4943 bets boosted the ROI to 29.58%.

Its worth making clear that these filters (as explained in the review) are all logical and based on things like the odds and level of value assigned to a bet.

Betfair SP Profits +313 Points

For those of you looking for an easier solution, the review (and podcast) also outlines how it fares at Betfair SP after 2% commission was deducted.

Although the baseline profits from all 19975 bets only made a small edge at Betfair SP, we found that by applying some logical filters, based on odds and value, then we could really build a much bigger profit.

Below you can see how by focusing on just 4508 bets, we were able to make a 6.94% ROI over the course of the same 18 month period.

SAVE £66.75 WITH SBC

Available in PDF format, you can download SBC 127 right away with a Paid Smart Betting Club membership.

Best of all, we have negotiated a £66.75 discount on the cost of joining the service reviewed in SBC 127 if you are a Smart Betting Club member

When you consider you can join SBC for as little as £37.99 per quarter, you can effectively SAVE money if joining both services for a 3 month period!

And don’t forget about our money back guarantee which guarantees you your money back up to 90 days (dependent on subscription) if you are not satisfied.

Click here to get started right away!

SBC Issue 120: Nigel Seeley’s Premier Sports Plays reviewed, Betmarkets & how to get better prices on Betfair

The very latest SBC Magazine (Issue 120) has just been released and is available for immediate download to all Smart Betting Club members.

It’s a jam-packed issue containing 3 key articles that can help make a massive difference to your betting as follows:

  1. Our detailed exploration of the new Betmarkets.io platform making a huge splash in the tipster world. Connecting tipsters with punters with automatic bet placement, as an SBC member you can enjoy a 2% deposit bonus
  2. An in-depth review of the Premier Sports Plays tipping service from renowned bettor and former odds compiler, Nigel Seeley. He has built up quite the following over the past couple of years and we explore all aspects of his football tipping output. Also includes a 25% discount on the cost of his service – exclusive to SBC members.
  3. The latest SBC Insight article exploring betting sequences and just how you can get better prices by timing your horse racing bet placement on Betfair. It outlines a simple strategy based on the odds of any horse you want to take, which can ensure you get better odds either in the live Betfair market or at Betfair SP.

Access to this latest SBC Magazine and our entire back catalogue (119 issues strong!) is available NOW with a Smart Betting Club membership. Sign-up now to gain instant access

See you on the inside!

Peter Ling
Smart Betting Club Editor

 

 

 

Inside the latest SBC magazine (Issue 118) including the 2 new ‘Hall of Fame’ standard tipsters

The very latest SBC Magazine – Issue 118 is out now and it’s a horse racing special featuring two more winning tipsters reviewed and our major new report into the Betfair racing market.

This issue forms part of our ongoing Betting Exchange series dedicated to helping you turn a profit following tipsters on the likes of Betfair, Betdaq, Matchbook & Smarkets. Ideal for those of you blocked and limited by bookmakers for winning!

Inside SBC 118 you can read:

Tipster Review #1: The betting expert with a 9.76% ROI at Betfair SP from 7811 bets advised. 14 page detailed review & exclusive 2 week trial to the tipster available to SBC members only.

Tipster Review #2: The ‘Hall of Famer’ that’s made money with both bookies and at Betfair for more than a decade. 13 page detailed review and free month offer available to SBC members only.

Insight Article: Exploring the Betfair market, How Betfair SP compares and when to place your bets for the biggest profit.

You can access this latest magazine and our entire 15 year strong back catalogue of tipster reviews and articles the instant you join the Smart Betting Club.

Like What We Do Or Your Money Back

This latest SBC Magazine (Issue 118) is available to read right now with a Smart Betting Club membership.

You can sign-up today from as little as £27.99 for 3 months with up to a 90 day money back guarantee* thrown in for good measure!

Sign-up now to gain instant access!

https://smartbettingclub.com/subscribe/

*If you sign-up for a quarterly or bi-annual membership, you have a 30 day money back guarantee, yet if you sign-up for an annual membership this is extended to a 90 day money back guarantee.

When exactly should you place your racing bets & why Betfair SP isn’t always the answer. New report reveals all.

As part of our recent focus on exchange betting, today we have published a special report exploring the Betfair racing market and exactly when you should bet to get the best value odds.

Examining the live market odds for 30,861 horses that have run so far in 2020, we have compared the best prices at several time points before the race starts and Betfair SP itself.

This analysis has identified several trends and patterns that can help you time the placement of your bets for the greatest possible profit. Ensuring you get the highest odds possible.

For example, one clear pattern was found at short prices, whereby a 9.3% increase in odds could be obtained simply by betting early.

Another trend came at larger odds where there is a clear edge simply by taking Betfair SP above a certain threshold. Yet it was also clear that Betfair SP is not always the optimal way to bet and knowing when and where can make a difference to your bet returns.

This report also threw up several other findings of note and if you bet on horse racing on the exchanges, whether it be at Betfair SP or in the pre-race Betfair market, this guide is for you

Part of our Exchange Betting Racing Special

This special report forms part of our recent focus on exchange betting, specifically surrounding horse racing tipsters who make a profit on Betfair or at Betfair SP.

Tipsters such as this extremely popular racing tipster with a 16.51% ROI on the betting exchanges or this Betfair SP tipster with a 10.10% ROI since 2012.

You can gain full access to this special Betfair racing report AND all of the tipsters we recommend for usage on the exchanges with a Smart Betting Club membership.

Sign-up now and get started immediately!

Racing Not Your Thing??
If you are not interested in horse racing – don’t worry. In the next SBC Magazine, we are beginning a very special series focusing on golf betting including 2 fantastic tipsters we fully recommend! Keep your eyes peeled for information on this coming soon.

Best regards,

Peter Ling
Smart Betting Club Editor

If you have any questions on this email or a Smart Betting Club membership in general, you can contact me directly via pete@smartbettingclub.com. I respond to all emails as quickly as I can!

1941 points profit @ 8.39% ROI: The tennis tipster with a phenomenal record

The very latest SBC Magazine is out now – and its a Tennis Betting special as we focus on the expert Tennis Tipster with a phenomenal record.

Over the course of 36 months and more than 23,000 tips, this tennis algorithm has made 1941 points profit @ 8.39% ROI and for the first time ever – you can read our extremely detailed review of what’s on offer.

Developed by an ex-poker player and based on a model using Artificial Intelligence, we have been suitably impressed by the standard of service and level of betting bank growth offered to those following it in.

Best of all you can save €40 on the cost of a subscription to the service as an SBC member, thanks to the major Tipster Savings we negotiate on your behalf.

Added to the mix, in SBC 111 you can also explore our review of 3 more tipsters including another long-term winning tennis tipster and two racing experts with profitable records at Betfair SP.

All told its a bumper edition, ideally timed ahead of Wimbledon 2019 – SBC Issue 111 is available now with a Smart Betting Club membership.

Grab Your Copy of SBC 111 Immediately

You can access your own copy of SBC 111 and our entire back catalogue of magazines the instant you join the Smart Betting Club.

This includes access to every single tipster review we have ever written (there are literally hundreds available) and all of the Hall of Fame Tipsters we recommend to make you money betting.

Check out some of our latest publications.

You can also enjoy significant discounts on the cost of joining many of these tipsters via our unique Tipster Discounts – exclusively available to SBC members only.

Get The Full SBC Membership Package For Just £27.99

You can now join the Smart Betting Club and take advantage of our lowest EVER membership prices for 2019.

From as little as £27.99 + VAT per quarter, you can get started immediately and access the ENTIRE Smart Betting Club service including all our SBC Magazines, Tipster Profit Reports, Best Tipster Guides, Pro Betting Guides & more.

This includes access to our full 13 year back catalogue and no quibble money back guarantee if you join and don’t like what is on offer (unlikely!).

£27.99 per quarter works out at just £2.15 per week – less than the cost of the Racing Post.

It’s our best ever SBC membership deal and with our amazing money back guarantee offer you have everything to gain and nothing to lose.

Subscribe Now to the Smart Betting Club

Best Regards

Peter Ling

Smart Betting Club Owner and Founder

A ‘Betting Exchange Tipster’ Special – 2 New Experts Reviewed In BIG New SBC Magazine

The latest SBC Magazine (Issue 110) is out now and it’s a Betting Exchange Profits special featuring reviews of 2 ‘Exchange Friendly’ tipster services.

Whether it be the football laying expert making a fine profit in major European leagues or the long-term successful Betfair SP racing tipster – there is something for everyone to enjoy in this latest expert magazine!

Added to the mix, you can also explore our review of the in-play football tipster with a 10% ROI, which best of all it costs just £2 a month to follow. An absolute bargain!

There is also a special feature on the new £500 Minimum Bet Guarantees offered by several bookmakers, the value they provide and who they are suitable for.

All told its a bumper edition and a must-read if you are looking for sustainable, exchange friendly tipsters to follow. SBC Issue 110 is available now with a Smart Betting Club membership.

How To Get Your Copy Immediately

You can access your own copy of SBC 110 and our entire back catalogue of magazines the instant you join the Smart Betting Club.

This includes access to every single tipster review we have ever written (there are literally hundreds available) and all of the Hall of Fame Tipsters we recommend to make you money betting.

Check out some of our latest publications.

You can also enjoy significant discounts on the cost of joining many of these tipsters via our unique Tipster Discounts – exclusively available to SBC members only.

Get The Full SBC Membership Package For Just £27.99

You can now join the Smart Betting Club and take advantage of our lowest EVER membership prices for 2019.

From as little as £27.99 + VAT per quarter, you can get started immediately and access the ENTIRE Smart Betting Club service including all our SBC Magazines, Tipster Profit Reports, Best Tipster Guides, Pro Betting Guides & more.

This includes access to our full 13 year back catalogue and no quibble money back guarantee if you join and don’t like what is on offer (unlikely!).

£27.99 per quarter works out at just £2.15 per week – less than the cost of the Racing Post.

It’s our best ever SBC membership deal and with our amazing money back guarantee offer you have everything to gain and nothing to lose.

Subscribe Now to the Smart Betting Club

Best Regards

Peter Ling

Smart Betting Club Owner and Founder

Profitable with Bookmakers & Betfair SP – The racing tipster quoting fair & achievable odds

Last week saw the release of the very latest SBC Magazine – Issue 108 which featured reviews of 3 new winning tipsters to help in your profitable betting quest.

Chief amongst them was our exploration of ‘The Betting Man service, which since inception back in November 2017 has produced some exceptional results, having made 328 points at 27.2% Return on Investment.

In fact since our original review was published – he has picked up an extra 28 points profit, including a 16/1 winner on Friday, so he remains in red-hot form.

Yet as good as his form has been, as tipster reviewers we always need to delve much deeper than simple headline profit figures to get the real lowdown on how good a service really is – including one of the most vital topics – Odds Movement.

Odds Tracking & Movement Analysis

In today’s racing betting world – one thing we must always explore before considering joining a tipster is exactly how fair the odds they quote actually are.

Because if a tipster puts up a bet at 16/1, yet this price is slashed within seconds to 12/1, before going into 8/1 within 15 minutes, then the reality is that it will be very difficult to match the prices quoted. A tipster good in theory, but not in practice.

Therefore, as part of our detailed tipster review process, we run an odds tracking analysis study, which gauges the odds a tipster quotes and how quickly these prices move (or not) over time. Exploring the practicality of following a tipster in the real world.

In The Betting Man’s case we tracked the odds movement of his tips for 2 1/2 months from a group of major bookmakers. Comparing his advised odds with those immediately available upon receipt of his tips, the best odds after 15 minutes had elapsed, at 1030am and finally at SP.

During this 2 1/2 month odds tracking period, The Betting Man had a fantastic time, making a ROI of 54.3% and over 100 points profit so it was an intriguing time to run such a study!

Here are the results of it:

The key figure to look at here is the ROI Difference percentage as the odds available upon the tips being received were actually 3.2% better than those he was advising.

Suggesting that the quoted odds are fair and actually can be beaten by using a website like Oddschecker to source the best prices.

After 15 minutes the ROI difference is still positive, although only at 0.2% – but still the point remains that the advised odds can be matched as long as betting within 15 minutes.

Beyond that – we did see some movement with a drop of 17.8% ROI down to 36.6% if betting at 10.30am and a 30% ROI drop at SP. The latter is not surprising as no-one should bet at SP these days, but what it does tell you is the edge The Betting Man has over the market.

Odds Findings – Summary

To summarise – it seemed clear to us that as long as backing The Betting Man’s selections within the first 15 minutes, you should easily match, if not beat his advised odds and obtain a similar level of performance.

There is movement come 10.30am although we do have a concern that the drop off in ROI is somewhat exaggerated due to the exceptional run of form during this tracking period.

Betfair SP Performance

In each review, we also examine the potential profitability of following any such tipster on the betting exchanges, including at Betfair SP after 5% commission is deducted on each winner.

Our analysis indicated that The Betting Man has been very profitable to date backing at Betfair SP with a 37.3% ROI from the 573 bets we were able to match to an external data source (all at 1 point level stakes)

Here is the full comparison of the 573 bets we matched:

Despite this strong performance, we would prefer to see a larger sample of bets first before recommending this as a bonafide Betfair SP service, although it is certainly an angle worth keeping an eye on.

Join Now & Save 50% (Offer Ends Soon)

You can read our very detailed review of The Betting Man and 2 other winning tipsters in SBC 108 – which is available to download the instant you join the Smart Betting Club as either a Silver, Gold or Platinum member.

And for those of you interested in joining The Betting Man, we have secured SBC members the chance to save up to 50% on the cost of membership in an exclusive deal.

If interested in this deal – BE QUICK as news reached me this morning that they will be closing to new members at the end of December and a waiting list will be put in place. This in order to further protect the odds availability of those tips. So if you wish to both join and SAVE up to 50%, you need to move quick.

How The Smart Betting Can Help Your Betting

Explore All Our Recent Publications

6 Tips For Following Racing Tipsters On Betting Exchanges

It is common knowledge these days that if making money betting on horse racing, you will at some point encounter difficulty with either your stakes being restricted or your bookmaker account being closed.

There is hope that this may change in the future with the discussions surrounding a minimum bet law, which are certainly gaining traction in 2018.

Yet until such a time as bookies either agree or are compelled to lay all punters a decent bet, one of the most popular places to bet without issue are the betting exchanges.

So, to help you understand more on how to maximise this, I have put together this updated guide featuring 6 tips for following racing tipsters on betting exchanges…

1) UNDERSTAND WHEN MONEY HITS THE RACING EXCHANGE MARKETS

As an exchange-only racing punter, it’s important to understand that the vast majority of money only starts to flow into most racing markets approximately 10 to 15 minutes before the off.

(I say most as there are some obvious exceptions such as at Cheltenham or other big race meetings, which will see larger sums traded earlier)

To showcase this, compare the amount of money traded on Betfair for each of these 5 races that took place on a pretty standard Monday afternoon’s racing.

I simply noted down the amount of money traded at 3 time points: 21 minutes, 11 minutes and 1 minute before the off for each of the 5 races, which you can see below:

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Without exception, the most trading took place in the 11 minutes before each race started.

Take the 4.30pm race as one example – at 4.19pm, there was £60,925 traded yet come 4.29pm, this had jumped to £495,057.

Within 10 minutes an extra £434,132 had been traded – 87% of the entire market!

The knock-on effect of this is two-fold.

Firstly, it’s an understanding that most of the trading takes place during this time and when your exchange bet is most likely to be matched.

Secondly, it’s the knowledge that prior to the final 10 minutes, it is harder to get your racing bet accepted, especially if it’s based on advice coming from a popular tipster.

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2) CONSIDER BETFAIR SP TIPSTERS

One of the simplest angles to make a profit on the exchanges is by following tipsters that make a profit at Betfair SP (after commission of course!).

They offer the easiest, most simple approach as once a tip comes in – you simply place the bet, stick in your stake at Betfair and walk away.

Although the number of profitable Betfair SP tipsters is growing, it’s a fairly small pool to choose from currently.

One profitable Betfair SP tipster I rate highly is the free ‘place laying’ tipster providing their advice for free to SBC members currently. The tipster is called ‘The Accountant’.

Simply put, he recommends you lay their horses NOT to finish in the place money in any given race. That is not to finish in the first 2, 3 or 4 of a race depending on the number of runners.

Over the course of more than 800 lays and risking no more than 3% of your betting bank on any advised price lay, this tipster has grown a bank of £1000 to in excess of £2,500.

This is after 5% Betfair commission has been deducted from each profitable lay.

Providing one simple angle for those of you after a simple exchange tipster for you to follow.

3) DON’T BET IF THE VALUE HAS GONE

One of the most fundamentally important points to consider when betting is that of obtaining value.

All successful punting is based on the concept of value betting and the idea that the odds for any particular bet are priced in your favour.

Therefore, the odds you take on a bet really matter.

If you can get 5/1 on a horse that should be 4/1, then you have a strong value bet.

Yet if the same tipped up horse at 4/1 is only available at 3/1 – the opposite applies.

If you constantly are taking too short a price on a horse, you will lose money.

Which is why it’s important to ONLY bet if the value is still there.

Many good tipsters recognise this and put up minimum value odds to make you aware of where the value cut-off point actually lies. They recognise that a tip might see market support and if it does, you know where to draw the line.

If restricted to exchange betting, look out for this and stick to the minimum value thresholds – they are there for a reason and they will guide you as to the prices to take.

And whatever you do – never place a bet if the value has gone.

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4) RECOGNISE YOU WILL WIN SOME, LOSE SOME

Mindful of the need to take a value price, if exchange betting you must accept that sometimes you will miss out on a bet if the odds are too low.

Yet on the flipside, you might also get BETTER odds on other bets when the odds drift.

Whilst on occasions, you might miss out on a winning bet because you can’t get the right odds, on other occasions you will enjoy a bigger payout through this strategy.

If and when this happens, remember the logic behind it all and try to be as phlegmatic as possible.

All gamblers HATE missing out on winning bets, especially if they feel they should have been on it, yet they very rarely remember the times they missed out on a bet that lost.

My suggestion here is to consider keeping a record of each occasion you miss out on a bet (both winners and losers) or get a greater value price than you might have originally. Through this, you can track the ups and downs and see at a glance exactly how you have fared overall.

5) DON’T WORRY ABOUT DRIFTERS

Flowing on from this last point – don’t also get too bogged down by the idea that a ‘drifter’ (a horse whose odds get bigger as the race draws nearer) is no longer worth backing.

Racing pundits like to bang on about horses being weak or friendless in a market, yet the reality is they have no idea if this market move is significant or not. They are often just filling airtime.

If market support was so telling – everyone would simply lump on a horse at the first sign of it being backed in. Market support is no guarantee a horse is a ‘good thing’.

Unless there is clear evidence a horse has something wrong with it before a race, don’t be unperturbed by backing a ‘drifting’ bet.

Look at it instead as a chance to get better value. If you can get 10/1 about a tip advised as value at 6/1 earlier in the day – take it!

After all, unless the horse in question has a major problem – if a tipster you trust said that 6/1 is a value price, then 10/1 will represent a massive increase.

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6) CAN’T GET MATCHED STRAIGHT AWAY? PUT IN A REQUEST

If you can’t get on a bet earlier in the day at a value price, you might also like to consider putting in a request to get matched on the exchanges later on that day.

There are two ways you can do this – requesting a price pre-race and also in-play.

Pre-race betting is easy – you set the odds you want to take and put the request into the market to hopefully be matched. If come the start of the race it isn’t matched, the bet is cancelled.

Putting a bet in the in-play market is different as it ensures the bet will also remain available throughout the race as it takes place.

When doing this, it’s important to be aware that you will ALWAYS be matched in-play on any bet that loses the race BUT there is no guarantee you will be matched on a winner.

Therefore, you do have to approach in-play betting with caution and it is best when used in conjunction with watching a race live and an understanding of racing in general.

You also might only want to leave a bet to be matched in-play, when the odds pre-race are very close to those you wish to take OR perhaps risking only half stakes.

Equally if you have a good knowledge of racing, you might want to make judgements based on the competitiveness of each race, the merits of each horse (does it prefer setting the pace or being a backmarker) and the distance run.

MORE HELP EXCHANGE ONLY BETTING

I do hope over the course of this article, I have helped provide some answers to questions you might have about betting on the exchanges.

Here at the Smart Betting Club we have a burgeoning members section devoted to exchange-only betting.

Within this exchange section you can read our detailed reviews and analysis of a handful of profitable betting exchange-friendly tipsters.

Ideal for those of you either unable to bet with bookmakers or simply looking to bet on the exchanges as much as possible.

So, if you are you looking for a solution to help you turn a profit using the betting exchanges (or indeed the Asian football betting markets), you might like to consider a Smart Betting Club membership.

Join The Smart Betting Club.

Restricted By The Bookies? 10 Expert Betting Exchange Tips (Part 2)

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Today, I am continuing with Part 2 of my guide to using the betting exchanges to maximise your racing profits

If you missed Part 1 on this subject, you can read my first 5 betting exchange tips here

OK, back to business with Tips 6 through to 10…

6) Don’t Bet If The Value Has Gone

Although it’s down as point 6, in actual fact it is one of the most fundamentally important points to consider when betting full stop: VALUE.

All successful punting is based on the concept of value betting – the fact that the odds for any particular bet are priced in your favour. The odds you take on a bet really matter.

If you can get 5/1 on a horse that should be 4/1, then you have a strong value bet.

Yet if the same tipped up horse at 4/1 is only available at 3/1 – the opposite applies.

If you constantly are taking too short a price on a horse, you will lose money.

Which is why it’s important to ONLY bet if the value is still there.

Many good tipsters recognise this and put up their minimum value odds to make you aware of where the value cut-off point actually lies.

They recognise that a tip might see market support and if it does, you know where to draw the line.

If restricted to exchange betting, look out for this and stick to the minimum value thresholds – they are there for a reason and they will guide you as to the prices to take.

And whatever you do – never feel obliged to place a bet regardless the price. The next value bet will be along before you know it. Feeling you NEED to have a bet for the sake of it is not healthy for you or your bank balance!

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7) Recognise You Will Win Some, Lose Some

Mindful of the need to take a value price, if exchange betting you must accept that sometimes you will miss out on a bet if the odds are too low.

Yet on the flipside, you might also get BETTER odds on other bets when the odds drift.

Whilst on occasions, you might miss out on a winning bet because you can’t get the right odds, on other occasions you will enjoy a bigger payout through this strategy.

If and when this happens, remember the logic behind it all and try to be as phlegmatic as possible.

All gamblers HATE missing out on winning bets, especially if they feel they should have been on it, yet they very rarely remember the times they missed out on a bet that lost.

My suggestion here is to consider keeping a record of each occasion you miss out on a bet (both winners and losers) or get a greater value price than you might have originally. Through this, you can track the ups and downs and see at a glance exactly how you have fared overall.

I Like That SBC Is Independent”…

I like that the SBC is independent. I know that when they recommend a tipster, or upgrade or downgrade an existing rating, that their opinion is based on results and judgement, not on hidden commissions.”    
As written by ‘K’ – SBC member

Click here to read more from K on his SBC membership experience

8) Don’t Worry About Drifters

Flowing on from this last point – don’t also get too bogged down by the idea that a ‘drifter’ (a horse whose odds get bigger as the race draws nearer) is no longer worth backing.

Racing pundits like to bang on about horses being weak or friendless in a market, yet the reality is they have no idea if this market move is significant or not.  They are often just filling airtime.

If market support was so telling – everyone would simply lump on a horse at the first sign of it being backed in.

Unless there is clear evidence a horse has something wrong with it before a race, don’t be unperturbed by backing a ‘drifting’ bet.

Look at it instead as a chance to get better value. If you can get 10/1 about a tip advised as value at 6/1 earlier in the day – take it!

After all, unless the horse in question has a major problem – if a tipster you trust said that 6/1 is a value price, then 10/1 will represent a massive increase.

 

9) Can’t Get Matched Straight Away? Put In A Request

If you can’t get on a bet earlier in the day at a value price, you might also like to consider putting in a request to get matched on the exchanges later on that day.

There are two ways you can do this – requesting a price pre-race and also in-play.

Pre-race betting is easy – you set the odds you want to take and put the request into the market to hopefully be matched. If come the start of the race it isn’t matched, the bet is cancelled.

Putting a bet in the in-play market is different as it ensures the bet will also remain available throughout the race as it takes place.

When doing this, it’s important to be aware that you will ALWAYS be matched in-play on any bet that loses the race BUT there is no guarantee you will be matched on a winner.

Therefore, you do have to approach in-play betting with caution and it is best when used in conjunction with watching a race live and an understanding of racing in general.

You also might only want to leave a bet to be matched in-play, when the odds pre-race are very close to those you wish to take OR perhaps risking only half stakes.

Equally if you have a good knowledge of racing, you might want to make judgements based on the competitiveness of each race, the merits of each horse (does it prefer setting the pace or being a backmarker) and the distance run.

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10) Don’t Limit Yourself To Just Betfair

When most punters think of betting exchanges, they immediately think of Betfair, which is only natural as they were the original and now biggest exchange.

These days, Betfair do standout for another reason – they charge a higher commission rate then many of their rivals.

Betfair’s base rate starts at 5% commission on all bets – a sum that does decrease but only once you place a significant number of bets with them.

Instead I recommend you open and use accounts with 2 exchange rivals: Smarkets & Matchbook – both of whom charge much lower commission rates. Smarkets for example charge a flat 2% commission on all bets.

This 3% difference might not sound like a lot but it really does all up over time.

Another alternative option is also Betdaq, although their commission rate also starts at 5%.

My suggestion therefore when exchange betting is to try and place your bet with either Smarkets or Matchbook first.

Usually you will be able to obtain identical odds to those on Betfair, yet you lose less in your winnings to commission.

MAKE MONEY BETTING WITH TIPSTERS

I do hope over the course of this 2-part guide I have helped provide some answers to questions you might have about betting on the exchanges.

If you are looking for further assistance with your racing betting (or just betting in general) then you might like to consider a Smart Betting Club membership.

We track hundreds of tipsters each day in order to independently report back on the best experts that can realistically make money betting – whether on the exchanges or with the bookies.

So why not join up today and see how we can help you and your betting.


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See you on the inside.

Peter Ling
SBC Editor

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