Drugs in sport have been around for a long time, but is there such a thing for the Betfair trader? Can you "cheat" your way to success over your fellow traders? Indeed there is a way, and it is a lot safer than the performance enhancers used by athletes in the world of sport.
Around two weeks ago I put on a bet that I was fairly sure would win; however I didn't do what I would usually do for such a juicy bet. I didn't mail out to my inner circle of Betfair Trading Tips subscribers; the BTT Family. I didn't
What would you say, if I said to you, you can profit on a bonus, without actually taking up the bonus offer? Yeah, I thought so, well read on.
Last week I wrote an article called The Fallacy Of Conjunction, where I looked at how bookies try to entice you into statistically unlikely bets using bonuses. Well there's another type of welcome bonus bookies use to try and entice your hard earned cash from you and that's the bonus enhancer. The beauty about the bonus enhancer, is that you can use it to win money, without actually taking up the offer; this is the art of extracting the bonus within the bonus.
But how can you benefit from a betting offer without actually taking up the offer? Also how can you make money on Betfair with these offers, when Betfair aren't even the company offering the bonus?
If you're reading this, then the chances are that you dream of trading on Betfair for a living. Maybe you have subscribed to various sports trading forums and blogs and perhaps have read a couple of ebooks on various Betfair trading strategies.
As you read all these articles, posts and books you find that you have built up a wealth of information that is turning or already has turned into information overload. There are so many things that a successful trader is meant to do and sometimes trying to copy those things seems impossible or contradictory; but have you ever stopped to wonder what a successful sports trader doesn't do?
A couple of weeks ago, I wrote an article called Bonus Bagging: Matched Betting Review, in the article I told you about a no-lose system I had been trying out called Bonus Bagging. In that article, I told you how you can use the system to guarantee profits by opening up online bookmaker accounts, making qualifying bets and then using the free bets to make money by laying them off on Betfair.
I have been vaguely aware of matched betting systems for a while and have been meaning to check out a system, because I like the idea of making guaranteed profits and as you know if you're a regular reader of BTT, I like to check things out before I promote them. I am what marketing companies call a late adopter, because I like to wait and see when it comes to new things. This has its disadvantages in that I might miss out on potentially interesting things, but the advantage is that I get to watch all the guinea pigs and then analyse their results.
In the last few months I've noticed an increase in the amount of Twitter accounts claiming to have knowledge of fixed horse races or football matches. They tweet screenshots of their Betfair profit & loss pages as proof of their winnings, I have even been approached by one itself.
The accounts are different but the method is the same, the person running the account will post something like; “Next fixed matched Rubin Kazan v Anzhi Makhachkala- correct score”.
Are you thinking of starting a Betfair account and you're wondering which of their bonuses to go for? Or are you an existing customer who has seen a new customer offer and you want Betfair to throw some of that new customer candy your way? Then read this article to help you decide and get the right bonus for you.
We've talked so far about the best types of teams to trade on, the best combinations of teams and indicators and contra-indicators for games ending under and over 2.5 goals and we've talked about using current form to predict when and how many goals there will be in a selected football match.
Now in the final article in the series it’s time to look at the overall and the specific trading strategies we can use when trading on Betfair in this market.