horse racing trading strategy. This will increase your chances because you will win if any of those selections wins. horse racing trading strategy

 
 This will increase your chances because you will win if any of those selections winshorse racing trading strategy 0 pre-race is an example of swing trading

Here’s a quick rundown of common bets: Win: Bet on a horse to finish first. The Laying The Field or “Lay All” method is one of the easiest horse racing trading strategies to learn for beginners. With our longshot tips, you’ll receive the best betting advice and insights to help you make more informed decisions. 3. First off we look for a horse that is a close back and lay price at a BOG (Best Odds Guaranteed) bookmaker (back) and low commission exchange (lay). 3: Double break profits. A plan of action designed to achieve a long-term or overall aim. This article continues on from another article where we introduced the concept of the Betfair trading strategy this is trading order flow. 1. Pick your strategy. No. Every racehorse has different capabilities. Late News or Tips: Late news or tips can have a profound impact on the horse racing markets, especially in the minutes leading up to a race. You may want to visit Betfair Trading system prepared by Caan Berry who produces Best Selling Betfair Training Systems including Betfair Scalping technique etc. Once you’ve reviewed the 20-page long copy of the Betfair Sniper manual, you will be ready. Last updated: May 4, 2023. Follow me on. Strict routine and disciplined staking is the fastest way to succeed. 5 or 6. 1. It’s got some nifty features (e. Firstly, you need to pay attention to the math details to equally balance the amount of stake and rewards. You then take those numbers, and you build an equation to calculate your value on each horse. In play horse racing trading has its traps that can sucker you in to losing money. Horse Racing 20 days ago. Scalping horse racing oddsFor instance, if you back a horse at say 5. In betting, positive expected value (EV) refers to a situation where the potential payout from a bet is higher than the risk involved. Here is a full list of all the automation templates you can download for in-play horse racing on Bet Angel - Shires (AKA TradeShark) – Full-Time Tennis Trader. Laying the draw after 30 minutes. 1 - The 60 Seconds Sniper Indicator. In such cases, there is a higher chance of your system panning out better. Trading on horse races is becoming more popular than ever before. Bet #2 – Lay Under 2. Dobbing stands for “double or bust” it is a Betfair trading strategy used on the horse racing markets. Value = (50% * Speed) + (40% * Jockey) + (10% * Age) What we do now is we plug in each horse’s numbers into the equation. For this example I will use Smarkets. One of the great things about trading horse racing on Betfair or another betting exchange, is the number of opportunities to trade throughout the day, with races starting near on every five minutes. Profit = £100. If you already have a horse betting strategy that you are keen on, then we suggest you view Betfair and see if there are any opportunities within the markets, where you can apply your given strategy, with some extra spice!I am a full-time marketer and part-time Betfair trader. For the purposes of this example, the commission has been eliminated to make. If this is also the case for you, stay. As you can see, it only takes seconds to make a profit on Betfair when you use the right process and place the trades at the right time. It’s easy to see why… If you can predict a large swing in price, you have far more opportunities to win. Horse Racing Trading Laying Horses Strategy Explained [4 Expert Tips Included] 12 Jan 2022 Horse Racing Trading Lay the Field System Explained in Details 10 Jan 2022 Horse Racing Trading Laying 3rd favourites on lay system 17 Dec 2021On this day, however, he was on his way to Sportsman’s Park, a horse racing track built by Al Capone on the outskirts of Chicago, with a few friends and $250,000 in rolled up hundred-dollar. 0, there would be two bets matched (£10 each). By Caan June 22, 2023 Betfair, Horse Racing, Trading Strategies. We just want to create a structure that will allow us to trade effectively. 5 will mean risking £150 to win £100, which is the same as backing a selection at 1. What Trading Strategies To Use? Again this is massively variable depending on your own personal interest. My name is Carl and I have been successfully trading Betfair's Horse Racing In-Play Markets since 2014. Strict routine and disciplined staking is the fastest way to succeed. In Running Comments – confirm your thoughts on each horse for any run by seeing the in running comments in full for every run. The temptation would be to split this bet 50-50 so that you wager £7. Like with every football market, however, there are edges if you do the correct research and have a solid strategy. In my OPINION, V3 is the best value product offered by BF Bot Manager. Pre-Race Trading Guide - this Betfair scalping example that made £33. gets good results at minimal risk. Make. . Feb 03, 2017. 0 to 4. A simple, effective trading strategy that has been profitable for many traders over the years, is backing/laying a horse before the race, with a view to exiting the trade at a bigger/shorter price In Running (IR) to make a profit. Learn the basics of Backing & Laying. No. This means the total volume matched will be £20 at 2. A front-running horse’s price will typically contract in-play, due to its running style. This review will cover all the ideas and concepts behind laying horses in running for more profits. After placing your lay bets, the odds lengthen to 8. However, if the horse wins, you'll owe £40 (5. 1. Betfair Graphs, Charts and Trading Analysis – Increasing Maximum Efficiency. 56, which balances out your liability and locks in a profit. However, winning multiple bets may be more difficult. If you wish to download the file and import it into your. 3. . Of course, we will cash out before the game nears 90 minutes to avoid any late upset. Whatever the reason, at first you will be behind the action. 5 goals if you think the odds are higher than they should be. This is a strategy for trading horse racing where you carefully select races where close finishes are likely, then you lay all runners for level (equal) stakes at low odds. 3+ billion citations. 00 at £10. However, it is the easy access to horse racing trading strategies that has really made the difference. If you are trading on four horses simultaneously, you have a temporary total liability of £2,800. What are the best horse racing trading strategies? Horse race trading is all about knowing how to make the best out of opportunities. The important thing to understand is that before a horse race starts it’s driven purely by opinion or the chance that people think the horse has of winning the race. 0 odds mean you pay out £50, but you already have the £10 stake). Value considerations are different when you look at laying horses as the profit will sometimes be less than your “stake”. A horse that is even money before the off can quickly go odds-on in a. In-play trading – Exploiting weak spots. Selection isn’t quite so fast, ruling out ‘maybe trades’ is vital. Know your entry and exit points and understand what scenarios could lead to profit or loss. Lay-to-back – Laying pre-race and backing at higher odds in running to guarantee a profit. You’ll want to open a market starting in around 15 minutes. Football Betting Tips Wales v Turkey: Back the away side at over 2/1 on Tuesday; Horse Racing Tips and Predictions Tony Calvin Antepost Tips: Two bets at 14/1 and 40/1 in. The markets are starting to form and the morning shows appear with bookies. Top Post: 3 Simple Horse Racing Trading Strategies. Step by step. According to fellow horse racing author James Quinn, one of the big advantages of the BB+SR method is that it “offers the best return on money invested by the small bettor. It happens in all betting exchange markets and influences a handful of factors so it’s important to understand. 00:16:28 Free PDF with extra tips for lay the field strategy. In this video, we dive into the world of horse racing and explore a highly profitable trading strategy. The * expresses a win, or at the very least a 1. ) The majority of one’s capital must be allocated to. It is yet another form of limited overs with a maximum number of twenty. Horse racing in the UK is mainly on from 1pm onwards pretty much every day of the year. Let’s look at two popular tactics that work. Tip 1. . 8 to 8. The horse racing community has been using quantitative data to develop betting algorithms for decades. A front-running horse’s price will typically contract in-play, due to its running style. Buy The National Hunt Lay System For Only £19. A simple, effective trading strategy that has been profitable for many traders over the years, is backing/laying a horse before the race, with. 52 – 2. In this article, you will discover six horse racing betting strategies that work. Licence Number: MGA/CL3/454/2008 17th March 2015, Triq il-Kappillan Mifsud, St. Place your lay bet at the bottom of the exchange odds while backing the horse to win at the top of the bracket is sound and safe horse racing scalping strategy here. 30am is the first real opportunity to open a trade. Horse racing trading strategies for the experienced players. You have a choice of strategies such as: Swing Trading. That means that on a race turning over a total of £500k at least £100k will be bet after the off. Now, let’s look at this Betfair trading edge in the eyes of this situation: Left of the dotted line, we have the betting market history in the lead-up to the last 5 minutes before the race starts (see how there are significantly lower traded volumes). In today’s article, we have covered two of the best pre-race trading strategies to use for horse racing in 2022. Typically that middle period of activity starts a lot later. It is a low-liability laying system that involves using a combination of factors to pick horses to lay on Betfair at odds-on. In today’s article, we have covered two of the best pre-race trading strategies to use for horse racing in 2022. As the very. Summary Of This In-Play Strategy: The "Bad Start Comeback" strategy is an excellent entry point for beginner traders for a number of reasons:In-Play Racing Trading on Betfair. Indicators including horse bodyweight, age, and previous lap times are all utilized along with the domain-specific Speed Index to predict future race outcomes. Before the race starts, you close your position. I will explain what it is, how it works, and some of the most successful strategies to enable you to earn impressive profits on the in-play betting exchange, meanwhile enjoying some live top class horse racing from the comfort. 3 Horse Racing Trading Strategies; SCALPING: A Beginners Guide; Matched Betting Tips; 3 Tennis Trading Strategies; £400 Bank 3 Day Challenge; 4 Football Trading Strategies; 6 Full-Time Traders: 3 Questions; 5 Stages: Trading For A LivingThe key lies in knowing when to tune in and what to look for, all while keeping your overall trading strategy in mind. On the other hand, two things that definitely do possess the ability to change odds are news and weather. In-play racing strategies aren’t usually so appealing to the risk averse, mainly because of the roller-coaster results it can bring. The reasoning behind this strategy is relatively simple. Results : Trading pre-race on Betfair horse racing markets. As a no-nonsense Yorkshire man, he has been trading the tennis markets ever since. These are the types of bets that you want to be on for a number of reasons. . It shows. Gabr and the French trained Trais Fluors are the Racing Post betting forecast’s joint favourites. A horse racing strategy can help you stay focused, disciplined, and ultimately, profitable. This means the total volume matched will be £20 at 2. As you can see, in 10 of 15 different scores, you win about 50% of your stake. 4. Remember, you’ll want to multiply everything within the parenthesis first and then add them together. A "back bet" in horse racing trading on Betfair is when you place a bet on a horse or outcome to win. 0 and when it trades 7. If you go in with this mindset it will be hard to accept a red should you need to, often this will lead to a bigger red. Horse racing betting is a much more straight forward method of wagering than trading. It’s just a slang word to describe a particular strategy. It was one which I remember filling me with excitement when I first learned about it and started trading with it many years ago. 1. Opposing (The Right) Short-Priced Favourites. Horse Racing Analytical Software: Tools like Proform Racing and RaceXpert offer advanced analytical capabilities, including predictive algorithms and statistical modeling. I have over 10 years of experience in the pre-race and in-play horse trading markets and spend my days writing guides, tips and tricks to help beginner Betfair traders find their way to a profitable second income. Whether you're completely new to Betfair, or a full time trader of other sports now seeking to profit from the horse racing markets, this article is for you. This strategy is potentially the simplest one. Patent on selections 4, 5, and 6 (another 7 bets: 3 singles, 3 doubles, and a treble). Scalping is a short-term trading strategy that focuses on making small profits from minor price movements in the betting market. A crossover point is where the incremental values change within the betting market. step 1. T&Cs Apply. The idea is. A channel for horse racing trading strategy on Betfair Exchange. In summary this Betfair trading strategy for UK horse racing is one of many available. This method is the fastest and easiest way to consistent profits from UK (and Australian) horse racing. Nonetheless, if you carry out the necessary background works, understand the game well, and do a proper selection, the payout is usually huge. . Having an interest in the sport is going to help you maintain your interest in trading, as noted before, becoming consistently profitable will take time. 1) The ascending triangle – the trend is against a horizontal point of resistance. Lay Low Odds. Perhaps the added control and dynamic aspect of horse racing trading appeal more to you. When the price contracts you can cash-out for a profit. Manage the trade before the event commences. 3 – Laying the Favourite Strategy. In most popular markets such as UK horse racing, Premier League and so on, you should be able to get a £100 bet on quite easily. For example, in a race with 8 runners, you can get paid for finishing in the top three. So I fired up Bet Angel and I traded 19 races overall, I lost on 3 of those. 5 - Back the Beaten Favourite. However, there are pros and cons to both. Approaches: Laying the halftime draw. £18,761 in traded volumeMoving on to the most complex horse racing systems, trading is a fairly involved process that needs you to be alert and to take advantage of changing markets and prices. 2. It involves two separate bets, one to win and one to remember. 2, and you back each horse at the new odds, each time with a stake of approximately £97. It can help protect your budget from dry spells while also increasing the enjoyment you get from your bets. This is a type of trading strategy where a trader seeks to capture gains by holding a position for a period ranging from. Especially in two-year-old races flat racing. Example. Remember there is always time decay in football trading. It involves placing multiple small bets or trades within a short time frame, aiming to capitalize on small fluctuations in odds. Again, making use of past performance analysis, you will bet on horses that have the most recent past wins. 0 or lower, you lay the selection to go all green. You can then place a bet at 4. The second section will deal with trading techniques that are more suited to when the horses are actually running. First up is one of the easiest horse race trading strategies with very little risk. Another useful correct score strategy to have in your arsenal is to take a contrarian approach and back a big underdog to take a 0-1 lead. This can be done by placing the counter-bet ahead of time or manually whilst watching the race. It is a well known strategy and probably one of the oldest and most common Tennis Trading strategies around. It's a double-edged sword as the volatility is the reason why it can be such a profitable trading environment, but it's also why it can be such a tricky trading strategy to conquer. 3 Horse Racing Trading Strategies; SCALPING: A Beginners Guide; Matched Betting Tips; 3 Tennis Trading Strategies; £400 Bank 3 Day Challenge; 4 Football Trading Strategies; 6 Full-Time Traders: 3 Questions; 5 Stages: Trading For A LivingEach week the handicapper assesses a horses ability, making it possible to knock up a quick winning sequence of two or three wins on the same official rating. See moreOne solid example is Betfair Sniper. It’s basically the rule that makes all the prices add up and make forming a betting market possible. The trend is stronger than the resistance line, so in many cases this triangle will be a sign of an uptrend, more rarely – a downtrend. This is usually done by implementing a horse racing betting strategy called “arbitrage betting”. Instead of waiting for significant price movements, scalpers. Pro gamblers are said to put a massive amount of work into answering the going question. g. Furthermore, this trading strategy is quite scaleable. Watch a real life demo, get the. The strategy is to try to find a horse closely priced between the SkyBet prices and the Betfair prices, then go back with SkyBet and “lay off” the bet with Betfair. Opposing (The Right) Short-Priced Favourites. Caan Berry is a renowned horse racing trading. Go. Members then collaborate making suggestions to refine and improve them. I did okay on all of the rest of the races from 16 to 19. quite a viable strategy to trade in-play racing with and there are plenty who use it to this very day as part of their trading portfolio. Sectional Timing – One of interest “on the clock”. As with matched betting, you can get a helping hand by using Caan Berry’s expertise and video guides to train you. Available Lay money = £970 because (135 + 349 + 486) Available Back money = £891 because (344 + 301 + 246) 970 / (891 + 970) = 0. That is the key to profitable scalps. You have £100 on at 8/1 in the morning (Bet 1) An hour before the off the horse is trading at 5/1. Using Geekstoy I went through my thought process when trading Aussie racing in the video below. T&Cs Apply. It helps you override that internal voice mentioned back at tip 6. 3 Simple Horse Racing Trading Strategies: Win More on Betfair. This would also result in a profit. Join us as we unravel the secrets of how ground condit. Table Of Contents. 3 Horse Racing Trading Strategies; SCALPING: A Beginners Guide; Matched Betting Tips; 3 Tennis Trading Strategies; £400 Bank 3 Day Challenge; 4 Football Trading Strategies; 6 Full-Time Traders: 3 Questions; 5 Stages: Trading For A LivingSo this is a trade called Lay the Field. 30) and also events in which there are a. They are the horses that are shortening in the betting. step 1. 0 odds mean you pay out £50, but you already have the £10 stake). Join for free. You really need to commit a decent amount of time to this but the results can far outweigh those of matched betting. Domestic cricket is usually split in to the following four categories. If we take that the odds for BTTS are usually in or around 1. 5 and 6. One of the essential things a lot of beginners should do but often forget is to do research. It's refreshing to see something new on the market that isn't copying what is already available. One of the major reasons many punters complain of losing while trading greyhounds is their lack of successful strategies. 3 Horse Racing Trading Strategies; SCALPING: A Beginners Guide; Matched Betting Tips; 3 Tennis Trading Strategies; £400 Bank 3 Day Challenge; 4 Football Trading Strategies; 6 Full-Time Traders: 3 Questions; 5 Stages: Trading For A LivingHorse Racing Betting vs Trading, Which is Better? If you're new to betting, choosing between horse racing and trading can be difficult. e. Dutching is a strategy where you bet on multiple horses in a race to increase your chances of winning. Command Center Information about all of today's races on one screen. After 3 runs the horse is given a rating. Unsurprisingly, this goes hand in hand with being the most difficult trading discipline. Getting over-excited and breaking your own rules will land you in hot water every time, don’t do it. 0 to win, you can place a back bet on it. Horse racing handicapping is an art that combines analysis, strategy, and a deep understanding of the sport. Essentially, the word is interchangeable with ‘trading’ because it means betting on a price movement, rather than the event itself. For example, a football market will contain very different behaviours to that of a horse racing market r greyhound market. 10. In fact, having done a quick “google” I could barely find any information about what it is, how it works and what it means for us punters. And this strategy is based on you assessing whether the odds on the favourite are too low. Official Site. The situation is as follows: It is best to look for events in which there is a clear favourite to win the race (maximum odds 1. 5 and wait for it to be matched, if the market moves in that direction. Since the horse software was launched there’s a regular stream of new horse racing strategies shared on the forum. Venera, SVR 1851, MALTA. Welcome to the exciting world of horse trading on Betfair, a platform that has revolutionized the way we bet and trade on horse racing. Apply the 3rd Favourites lay system to race with at least eight starters: It is best to apply this system to races with more horses. This article follows on from part 1 of this series of blogs on the popular Betfair Trading strategy of Scalping. Here we explain them to you and talk about why they are so comm. A significant advantage of this strategy is that placing a lay bet at very low odds (1. For example, if you’re trading pre-race, horse racing markets, you may want to focus on trading the live shows within the last ten minutes before each horse race. Most of the action happens in the final 10 minutes, so this will give you a few minutes to settle in before it gets busy. Historical RacesPreparing to Trade Part 1 - Horse Racing with John Folan. 5 Use your Betfair account credentials to log on to the App. Horse racing arbing has became much less profitable as prices change with Betfair almost and also having not many betting accounts left so looking to for a change. This means that they will often start work early and finish early or work between 9am-5pm like a regular job. And remember, no strategy guarantees a profit - each trade carries risk, so always trade responsibly. There wasn’t much support for the horse “Mystic Jade” and it ended up drifting from odds of 6. . My name is Carl and I have been successfully trading Betfair's Horse Racing In-Play Markets since 2014. If the bet is matched then you are ahead of the queue and you can scalp out a quick tick profit. When discussing trading horse racing on Betfair, understanding key price movement indicators is essential for making informed decisions. See also the list of Caan Berry’s products. Official Site. 95, 4. . 5ht are about 1. So in this instance the book is quite evenly balanced with the. Packed with expert insights, tick-by-tick strategies, and hands-on examples, this guide is your ticket to mastering the art of trading and making money by trading the pre-race horse markets on Betfair. Mathematically, there are only 2 ways of trading. See our expert’s nap of the day, next. Here’s a table explaining how the betting exchange strategy works. This means the following: The first section will deal with trading strategies which relate specifically to the markets prior to the horses having left their start line. Bookmakers set their odds so as they are assured to win a certain percentage each race, called the vigorish, or “vig” for short. Horse Racing Analytical Software: Tools like Proform Racing and RaceXpert offer advanced analytical capabilities, including predictive algorithms and statistical modeling. This means the following: The first section will deal with trading strategies which relate specifically to the markets prior to the horses having left their start line. Ideally, you should be backing over 2. One of the most important horse racing betting strategies is to have a betting system in place. It is more complicated than just betting outright on a horse. The Best Horse Racing Betting Strategy For A Beginner: As a beginner, one of the best strategies that you can use to consistently make money from horse racing is. About Carl Trader. More Winnings. The most important thing we have to do is to find a race in which the two highest-placed horses have an excellent series of victories. To view, you’ll need to bet a few quid. Again, making use of past performance analysis, you will bet on horses that have the most recent past wins. You are supposed to place two bets in quick succession and then make profits from the gap between these trades. 54. Depending on the sport you’re watching, the provider you’re using and if it’s online or via satellite will change the rest. Unsurprisingly, this goes hand in hand with being the most difficult trading discipline. 05. This sports trading strategy of placing a back bet is a set and forget strategy. No. The BTC forum is very active and plenty of betting and trading strategies are shared by the community members. . This will increase your chances because you will win if any of those selections wins. Little Acorns. The first show is quite simply, the price available to punters, on course, 10 minutes before the off. 160+ million publication pages. Likewise, they will spend countless hours calculating what type of ground we will have based on the forecast, even ignoring what the clerk of the course says. Step 1 Choose A UK Handicap Race You Want To Place A Dutching Bet. It means you are betting that the given selection will not win. 310 Share 19K views 2 years ago #HorseRacing #Trading #ExchangeTrading If you're looking for a beginners horse racing trading strategy this video shares an example on Betfair's. In such cases you can often get lay bets. This means that they will often start work early and finish early or work between 9am-5pm like a regular job. 0 or lower, you lay the selection to go all green. 0. Long before betting exchanges like. Leaving the draw lay to run for the full game (no exit strategy). For anyone who’s not familiar with the concept of trading on Betfair, see the image below; To achieve the £2. Don’t go in to a market expecting to make money If you go in with this mindset it will be hard to accept a red should you need to, often this will lead to a bigger red. In an ideal world, the best race would be where the favourite to win the race has at least three recent races finishing first, while the other horse. 0 the price movements are in degrees of . This is usually done by implementing a horse racing betting strategy called “arbitrage betting”. It also shows that confidence is high behind the horse winning. Although the risk to reward ratio of this strategy is low still, using it rightly can set your games right. Betting Tools: Software like Bet Angel or Geek's Toy can help you manage your bets more effectively, offering features like one-click betting and automated trading strategies. Around 20-30% of total turnover on racing is performed in running. Keeping a spreadsheet to record trades and games is also a good place to start! It will help eradicate unnecessary trades. The company behind that deal, Experiential Squared, announced Thursday that it had raised $7 million in new capital to expand its MyRacehorse product with lead investor 1/ST Racing & Gaming and. PDF | We investigate the most popular approaches to the problem of sports. Look at the latest outright odds before a race begins. One of our most popular Betfair trading horse racing strategies is to back the favourite at certain odds and courses. If you’re just getting a feel for horse racing live betting, then it’s important you have a strategy. Simplicity is the first attribute that comes to mind. I was able to contain the losses on those two quite tight numbers. Review Summary. 2 Search for the best App for you by using the filters or search bar. Steamers are the opposite of drifters. In the summer there is evening racing so if you want to trade. The task here is to place a LAY bet on the favourite of the race – the favourite being the horse. Large horse racing events like Cheltenham can be particularly lucrative, but watch out for the all-weather stuff (it can be more dangerous). However, the idea of this trading strategy still sounds foreign to many punters. 00 in running, we are securing an even money winner. Scalping is a popular and fast-paced trading strategy used by many punters in the UK horse racing market. A Dutch bet covers a number of selections in a sports betting market, rather than just one. Pre-race trading has several advantages over other strategies! Allows multiple approaches (Swing trading, scalping, short-term trading, long-term trading). The more you know, the better your chances of. Then after you understand the basics of Betfair scalping we can look at a live video example. It’s impossible to get 100%, but you can go up to 99. You may also see forward slashes and hyphens within these numbers. That's the ideal strategy to win short-distance horse races, according to the first mathematical model to calculate how horses use up energy in races. Several traders don’t pay attention to the market moves before the race begins. Whether Continue Reading. Betfair trading provides a plethora of horse racing betting opportunities for the avid horse bettor. A lot of horse traders like to do their research in the morning before the racing. However, winning multiple bets may be more difficult. One of the main one of these is when backing a favourite. Simplicity and clear thinking is the start of any good strategy. Similar to betting volumes and streaming information, the news is a source of change. Traders that trade the markets ‘cold’ focus primarily on data that is offered by market activity. However, it’s a long-term thing again. In addition, I have traded stocks and futures in financial markets at a propriety trading. If this bet was matched, I could then place a back bet of £50 (a bet that the horse will win) at odds of 8. I have over 10 years of experience in the pre-race and in-play horse trading markets and spend my days writing guides, tips and tricks to help beginner Betfair traders find their way to a profitable second income. – 5F, 6, 7 or 8F. If you want this strategy, let me know in the comments and I will send it to. Two Betfair trading strategies that are advised with these horses are “Backing-to-Lay” or. If you forget the betting for a moment and think about any competitive event, be it horse racing, football or tennis. While this strategy is easy to understand, it is a little challenging to come by. Betfair Charges Betfair Premium Charge Premium Charge. This can be done by placing the counter-bet ahead of time or. Horse Racing Tips Australia provides premium horse racing tips covering every race run in Australia everyday 365 days a year and you.