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The best way to explain how trading works is to show you a trade we carried out in the past.
Football is probably the easiest example to give as there are usually only 3 outcomes.
The home win, away win and the draw.
There are other methods of trading on football covered in our manual but this is an easy example to explain
and probably the most common type of trade we will make each day.
Important: Please do not rush off and try to trade like this on any old match. Different matches require different trading techniques and YOU WILL LOSE MONEY if you try this trade on every match. Buy the football trading
manual to find out which trades to use on which matches.
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This shot shows the football matches that are available to bet on in-play (while the match is live) on this particular day. You can see all of the odds available on the home win, away win and the draw listed for each game.
We are interested in the Lecce v Inter match. We have also bet on the Portsmouth v Liverpool match but we will look at that at the end of the page. We explain why we have chosen this match to bet on in the
Football trading manual.
You will see the match has not kicked off yet as there is no little green tick next to it as with the Portsmouth Liverpool match above it.
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We are going to lay the draw, which means we do not think this
match will end in a draw.
We bet £100 and get odds of 4.7 which means our liability if the match does end in a draw is £370. The liability is simply what we have to
pay out if we are wrong.
Now you can see what the outcomes for us will be depending on the result of the match. Not too bad rally as no matter who wins the match we will win £95.50 which is our £100 bet minus the Betfair commission.
If there is a draw however we will take a heavy loss!
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Now lets see what actually happened in the match.
Inter scored a goal in the first half and as they were the favorites to win, the odds on the draw lengthened to between 10 and 11. We backed the draw with £44.00 at odds of 10.26.
This meant that no matter what the outcome of the match we were guaranteed a profit. In this particular case Inter went on to win the match and we won £53.48 but who cares. We'd have been happy with a draw!
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f we had wanted to make even more money on the match and we were more sure than not that Inter would definitely win we could have placed a different bet that would have meant we won nothing on a draw but more with Inter winning. Below is an example of that kind of bet on the Portsmouth v Liverpool match that kicked off before.
Those were the only 2 matches that day that we were pretty sure would be good trades and we made £113.64 on them with hardly any risk at all.
Want to know how to do this?
Purchase our Football Trading Manual.
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