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Betfair Trading Strategies | Profitable Betfair Trading Strategies in 2024

Over the years, Betfair has risen in ranks to become one of the foremost betting operators globally. As one of the biggest bookmakers UK, Betfair offers its members exclusive options through trading for the easiest sports to bet on.

The establishment of the sportsbook was solely aimed at providing an optimal betting experience to punters who are interested in a wide array of sports betting options. To this end, the operator has a lot of offerings in store, so that all you need is a little advantage at different stages, such as the ninety minutes or pre-off, so you may be able to make good money.

To maximize the Betfair trading systems, you need to understand the unique strategies that work at Betfair. With the right Betfair trading strategies and with the help of a good betting guide, you can win more than your estimates. You can use Betfair exchange trading strategies for almost any type of sport in existence – from Betfair soccer trading strategies to Betfair trading strategies horse racing.

Betfair strategies that work can give you the chance to both increases your earning potential and win much more compared to traditional betting. Read our guide to get discover helpful insights on Betfair strategies that work and betting sites, how to get max value when betting on sports, and more.

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Introduction to Betfair trading strategies: How to win on Betfair

Betfair is one of the biggest betting companies and is considered the first betting exchange UK. The service it offers is quite different from traditional bookmakers. Betfair works more like a stock exchange.

In traditional betting, bettors actually bet against the bookmaker. The bookmaker is the person who offers the betting odds about whether an event will take place or not. This means all transactions are managed from a single location and there are two parties, the bookmaker and the bettors.

Betfair, on the other hand, has two sides, those who believe that an event will happen (backers) and those who don’t believe (layers). There is no bookmaker in the traditional sense.

For example, consider the live betting system. In traditional betting, the bookmaker sets all offers and specific odds for each outcome that may occur, for example, at a football match. You can evaluate these odds and bet on any outcome.

In Betfair, on the other hand, you are looking at the offers made by bettors for the same outcomes. For example, Mr. Smith believes that a football match will be won by team A and he makes an offer for this outcome at his own odds.

Mr. Brown, on the other hand, is sure that team A will lose the same match and he himself makes another offer for this outcome. If Mr. Smith and Mr. Brown offered the same odds, the system automatically matches them and allows them to bet against each other.

You may also want to find out what are unmatched bets and partially matched bets.

Sounds complicated? Here is a simple example:

✅ Mr. Smith believes that Team A will win the football match between Team A and Team B, and is ready to bet EUR 100 on that result.

✅ Mr. Brown believes Team B will win the same match, and he is ready to bet 100 EUR for this result.

✅ Since they both offer the same odds, the Betfair system matches Mr. Smith and Brown and make them place a bet against each other. So there is no need for a bookmaker: Bettors can bet without using a middleman.

Not having a bookmaker also provides much better odds. This is because bookmakers always add their own dividends to the odds they offer. In the Betfair system, this is not the case and there are no bookmakers – Betfair only charges a small commission for its service.

So, what is Betfair trading?

You have learned how the Betfair system works, so what does Betfair trading mean? What is the difference between traditional betting and trading? What is the meaning of Betfair trading strategies? Let’s answer all these questions one by one.

Further Information

Above, we gave an example of a bet between Mr. Smith and Mr. Brown. In this example, Mr. Smith believed Team A would win, so he’s a “backer”. Mr. Brown thought Team A was going to lose, so he’s a “layer”.

When Mr. Smith and Mr. Brown post their offers on the Betfair platform, all other members can see them as well. It’s not only that they can see them but they can also decide to support one of these parties by purchasing their offers.

For example, if there are 100 more bettors who think like Mr. Smith, they can purchase his offer. Doing so will increase the odds of the offer or decrease it, depending on how many people backed the offer. In other words, the odds of the offer made by Mr. Smith will keep changing.

Tip

The trick is “selling” these offers as soon as they guarantee a profit. Betfair traders are not placing a bet in the traditional sense, because the result of the match is not their concern. They make a profit by buying and selling bet offers and they always manage to earn an income regardless of the outcome of the match. But, how does this happen?

How to win on Betfair

Betfair is one of the arbitrage friendly bookmakers. We can even say that it built its entire system on arbitrage and for the same reason, it is considered one of the best sports betting exchanges. In order to use successful Betfair trading strategies, you need to learn how this opportunity works. Make sure you don’t miss out on this incredible guide on buying points in sports betting if you want to increase your winnings.

Remember we said that Betfair is like a stock exchange? In a financial exchange, the aim is to make a profit with the difference by buying at a low price and selling at a high price. Betfair trading strategies use the same logic. The goal is to buy a bet at a good price and sell it when the price changes. By doing so, you can create a “green book”: This means that you can make a profit on all outcomes. The reason it is called a green book is that such opportunities are displayed in green on the Betfair interface.

Let's give an example using Betfair pre-match trading strategies

🏇 You bought a “layer” bet worth 10 EUR at odds of 2.0 (also called even odds and placing them is EVS betting) for a horse race.

🏇 Before the race started, the odds increased and reached 4.0.

🏇 Using the “cash-out” feature in the Betfair interface, you can sell your bet before the race starts and make a profit. Since the rate is doubled, it is guaranteed that you will make an income regardless of the result of the race.

You can also do this with live bets, especially Betfair lay strategies are suitable for bets in this category. The goal here is to make a profit by selling a product (bet) you buy at a low price, at a higher price. This system, which works well also if you like betting on mobile, is very similar to the cashout option in traditional bookmakers. As you know, in this feature, it is possible to evaluate a special offer made by the bookmaker and cancel your bet before the match starts (or the outcome happens), and still receive a payment.

Betfair trading strategies use a similar logic but this time there is no offer made to you, you have to decide for yourself when to do the cashout. For this, you constantly follow the Betfair trading interface and watch how much the odds increase or decrease. In other words, you have to do the cashout at the right moment to make a profit. Betfair trading strategies that work allow you to find out what the right moment is.

Below, we’ll give you some examples by giving a couple of easiest Betfair strategy examples.

Best Betfair football trading strategies

Let’s start our Betfair sports trading strategies 2024 list with football, one of the most popular sports. The internet is filled with several football strategies and systems, making it difficult to find one that actually works. Some systems provide punters with the avenue to make huge profits while others do not. In this section, we will focus on the most common (and important) ones. Here is the list of the free Betfair football trading strategies:

Lay The Draw

This simply means placing a lay bet on the draw. It is the opposite of backing the draw, similar to placing a bet on draws with a traditional bookmaker. When the favorite scores a goal the odds on the draw rise.  You then need to quickly make a cashout and profit. If you are looking for risk free bet offers, this is one of the best Betfair trading strategies you can use. If the match results in a draw in the end then you lose. The profit won’t be that big but it is still a profit.

Over/Under strategy

Over under betting is quite popular and its market is very volatile. For example, if you place an “over 1.5 goals” bet, this means you think that the match will end with at least 2 goals. By watching the match closely, you can cashout your over 1.5 goals bet after one of the teams score a single goal and make a profit.

In-Game Trading

This means buying/selling bets after the match starts (live betting). It includes lots of options and any option listed here can be used while the match is going on. You need to know about lots of football strategies and systems in order to make this work, so it is not a suitable option for beginners.

Correct Score Trading

This is a BTTS strategy (both teams to score is the BTTS meaning) with a twist: You are betting on both teams to score with a correct score over. You can buy a YES (both teams will score at least one goal) bet and if the first half ends with a draw, you can also buy a NO (at least one team won’t be able to score a goal) bet to even the deal. Or, you can simply cashout your YES bet. If you fancy betting on BTTS, you should also try Betfred’s Goals Galore No Draw offer.

Backing The Loser Vs The Favorite

This is one of the versatile Betfair trading strategies for football and it is not for beginners. The idea here is backing the favorite first but quickly start laying the underdog if it manages to score a couple of goals. Basically, this is underdog betting on a large scale: You buy a bet in favor of the favorite but also lay the underdog if it shows a performance beyond expectations. This way, you can make a profit no matter what the match result is.

Betfair 1% Club

This Betfair football strategy is one of the Betfair pre-match trading strategies. With this strategy, you can still make a profit regardless of the team that wins. Here, punters take advantage of the ultra-efficient match odds. Although this strategy is very effective, not so many people use it if it is done using systems like Betfair, users will need to create their own system.

Betfair Renegade

This is a type of football software for Betfair that helps you to maximize profit. Even though using this software will give different results due to changes in odds, the result is always similar profit. This service is available during a particular time.

Betfair Matched Bettors Exploit

With the increasing popularity of matched bets in 2023, matched bettors exploit has been made to show players how to take advantage of opportunities on Betfair exchange so that they can skip both regular and crypto bookmakers. This platform allows bettors to make their prices higher than they should be. It is a new feature.

Goal Profits

This is one of the very effective Betfair winning strategies. Football trading is not based on emotions or team bias. Decisions are made based on calculations, statistics and value. This system tells you the bets to place, and when you follow the necessary instructions, a positive result is guaranteed.

Delay React Trading

Delay react trading services come with tutorials and videos on making money using live football betting on Betfair. It equally depends on the movement of odds that happens in the system. It is particularly used in football because of its live wedges and large market volumes.

Hinto

Hinto is one of the popular and most profitable Betfair strategies that work best when you place a bet and run it rather than trading it. The betting system has an algorithm that looks at thousands of football matches in recent times and finds patterns that help identify favorable betting opportunities. 

Time Decay Method

This is also one of the betting strategies that work. Of the different betting strategies, time decay deals with time, meaning that over time, chances decrease. Hence, it requires attention. Because time decay is straightforward and the market moves in one direction, it is necessary to be conscious as to when it is right to enter the market. Knowing the right time may be difficult, but once you understand the tutorials and strategies, it shouldn’t be difficult.

Trading Team News

The trading team new is one of the Betfair systems that work and is safe if you know how to employ it properly. This method uses a sports training strategy called trade team news and is usually used before the match. That means it is a pre-match strategy. It gives you the advantage of responding before the market, as less team news is released while the game is on. 

Exiting Trades

Tip

When it comes to trades and betting, you must understand that your bets/trades are not placed randomly, neither should they be triggered by emotions. Setting measures help you access your performance to know whether you are doing it right and getting a good result. Otherwise, you may win out of luck and think that you did the right calculations. Experts track their hand history using analysis software to ensure that the decisions they make in sport trading are based on the expected value. This can be referred to as a betting exchange trading strategy because it helps bettors plan their wins properly.

Best Betfair trading strategies for tennis

Tennis trading, like football trading, involves the trading of bets on a match. To do this, bettors ensure that they exploit every odd movement that may happen at every point once the match has commenced. The best way to bet on tennis is to keep watching three indicators: scoring game points, winning a game, winning a set. These three indicators will always change the odds. So you must change your position whenever these three things happen.

If you are thinking about laying a player, for example, wait for one of these three indicators. Note that the best tennis betting strategy is placing bets during the game. In other words, tennis is not an ideal sport for pre-match betting. You must start using Betfair in play trading strategies. For this reason, you must also watch a match from start to finish without interruption, because this is the only way to know when to change your position. To do this, you must prefer betting sites with live streaming.

Here is a simple example to explain the Betfair trading tennis strategy:

🥎 You start to backing Player A when the odds are 1.30

🥎 Player A wins the set, so this price is about to fall: The odds will decrease.

🥎 You start laying Player A when the odds go to 1.15 and make a profit.

Although this feature should ideally be available on all betting exchanges, only Betfair offers enough liquidity for trading live matches for now. Below are some of the Betfair exchange games strategy

Laying the Server

This is one of the most common tennis Betfair trading strategies used by experts. All things being equal, a server should win the service. However, a trader can point out circumstances that will make the server lose, and he can make gains from tangible market price swings. This method demands patience and proper observance to get good results.

Back the Server

Hey! I am first heading line feel free to change me

Back the server is a type of “back” strategy. The other is back the draw. Understanding how to bet on draws is important to get the best out of this strategy. However, in other strategies like Asian handicap, back the draw may not be useful. In back the server method, bettors back the server when they begin their service and lay them if they win. Most times, the server wins, and the price on the server favours the trader. However, if the player starts losing, the market moves greatly against the trader. Therefore, observation is crucial, and Betfair traders should only back good servers.

Profitable Betting Strategies for Horse Racing

There are different ways of how to make money on Betfair easy free. Aside from football, horse racing is one of them. If you know how to bet on horses with the right strategy, you can trade your bets and earn a good profit.

Back the Beaten Favorite: When a favourite horse is beaten in a race, there are high chances that public opinion will flow against them in the following race. Naturally, bookmarkers tend to increase their odds on the runner that the wave of betting flows against. This then makes way for a good long-term proposition because when a horse is underpriced, it will most certainly make a profit in the long run. This is one of the most profitable Betfair trading strategies for horse racing. Back favourite strategy is also used in system bets

Covering 6 out of 10 Horses: This is one of the Betfair strategies in horse racing that pays well. However, winning multiple bets may be more difficult. Nonetheless, if you carry out the necessary background works, understand the game well, and do a proper selection, the payout is usually huge.

Advanced Betfair trading strategies for horse racing

Once again, you must prefer in-game betting here, pre-match horse racing bets are not that profitable when it comes to trading. This is not a how to bet on horses article but we are sure that you know how they work. Horses start to run and you can bet on which place the horses will finish the race.

Your main strategy should be finding the front-running horses. In general, the odds for these horses start at high figures but you may find these odds shortening quickly when the race starts. This creates a selling opportunity. If you time it right, you can make a couple of bucks before the race ends. Among all the Betfair trading strategies, this is one of the easiest ones.

Another strategy you can use is called “scalping”. This means looking for small segments of value between the trading prices. By saying small segments, we mean 1 – 3 ticks: For example, if a backer bet offers 4.2 and a layer bet offers 4.1, you can buy them both and make a quick profit, no matter what the result of the race is.

The goal of scalping is to make an overall profit on an event. When a broadcaster provides a tip on a horse race, more bettors will bet more on the horse, causing fluctuation of odds. Those known as scalpers go early to predict the correct price movement and then leave immediately to reduce risk and exposure.

Another advanced strategy is in-play betting which is also known as in-running or live betting. The bet is placed while an event like the horse race is still ongoing. It offers traders endless opportunities to make gains. It is one of the general types of sport trading strategies

The good and bad parts of Betfair trading strategies

PROS

  • You can make a guaranteed profit no matter what the result of a match is
  • You can make an income simply by buying and selling (no betting involved)
  • Trading offers a different kind of excitement

CONS

  • You need to manually decide when to buy/sell
  • At some point, it is just trading, not betting

Insuring Bet to Reduce Risk

Tip

Since winning is not a constant when trading on Betfair, and like any investor, bettors only want to make a profit; hence, they look for ways to ensure this. One way to reduce risk in betting is by taking out insurance on your game so that part of the risk is covered. This system is called “cash out.” It allows you to withdraw your bet before the result of the game becomes more vivid. This way, you can save most of the money in case your bet is at a loss. You’ll find cash out betting explained and the detailed partial cash out info here on our website. 

What Makes Betfair a Better Choice

  • Lower Margins: Using Betfair exchange takes the bookmarkers out of the picture, alongside their extra margins, which are usually from around 5% to up to 50%. To get the best odd margins, you can look through the bookmakers by country so that you can freely make as many selections as you’d like.
  • Competition: With over three million registered users, Betfair is highly competitive, and competition is good for deals. Also, with different odds from thousand of people around the world, bettors can get better odds than with the bookmarkers where they may have to accept all odd movement or accept downwards odd movement.
  • Also, the back and lay Betfair trading strategies are an added advantage.
  • Betfair equally offers free and low deposit betting options.

FAQ about Betfair trading strategies

This depends on your country and your local taxing laws. It is still considered an income whether it originates from trading or not, and you may have to pay a tax for it.

Pre-matching or pre-race trading means considering a few statistics before the game's commencement and calculating how you can earn from them. This is opposed to the common idea that traders can only be done while the game is on.

Sure. There are lots of mobile apps for free Betfair trading strategies, you can choose anyone you like.

Deciding on the Best Betfair Strategy that Works

When looking out for strategies for sports trading on Betfair, every bettor is looking for one that can offer high profit at a reduced risk rate. But the truth is that every strategy comes with a level of risk. There is no hundred per cent risk-free Betfair trading strategy. The top strategies that work on Betfair have been provided in this betting guide. It also offers some Betfair trading tips. It is left for traders to adopt low-risk techniques like short-term trades and laying low when necessary.