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.
In this article you’ll learn about the term Dutching or Dutch, what it means and how to implement a Dutch, in this case on the correct score market in football, but once you’ve learnt the principles you can apply it to a variety of markets.
The term Dutch was apparently invented by the famous 20th century gangster Dutch Schultz, the legend says that he used to love betting in this way, I suppose
The term cold trading refers to a group of Betfair traders who enjoy trading before their particular event has started, this is possible in a few markets but the market where it tends to be consistently profitable is the horse racing market.
So how can you possibly trade and make money on a market before the event has started?
Lay/Back trading, is essentially what sets the Betfair trader apart from a regular gambler; it is a very simple form of trading which will yield small but consistent profits.
A gambler, whether he is betting in a high street bookmaker or online with Betfair or any other online bookmaker place’s a bet for something to happen or not happen and then waits for the end of the event to see if he’s won.