one of the things i like with trading on betfair is that you are always looking for new ways to trade that may give you the little edge that you need , one way that i hit upon is to start my trading in the second half of a football match, now this is nothing new as lots of people do it but for me its new.
what i have been doing is waiting for a game to be 0-0 at half time look at the form stats and if both side are scoring plenty of goals then have a small £2 back bet on the 2-2 score.
i have found that by half time you can get some pretty big odds for the 2-2 and i have been having them in a range of between 60-95 though just last night i waited until the 50th minute of an Italian game and got odds of 110 on the 2-2 , why people are happy to accept my back bet at these odds is beyond me ? but i am not complaining !.
now the tactic is just to sit back and wait for the goals to go in , the earlier in the second half the better as odds plummet that much further rather than late on in the game.
an ideal score is the 2-1 or 1-2 if the underdog scores first that also brings the 2-2 odds in nicely, though a 1-1 score does also give me a profit with anything from £4-10 leaving a nice lump on the 2-2 still.
of course 0-0 and the favorite scoring 1,2 or More goals without reply is a lost trade, but when the trade goes Right like at the weekend its party time !.
as you can see in the screenshots above i
made my £2 bet at half time and managed to get back odds of 90 and then after 1st goal i eliminated my red leaving a big green on the 2-2 , it then was soon 1-1 until the underdog scores to make it 1-2 at which point i greened up for a £44 profit which is not bad at all from a small £2 bet.just my luck a few minutes later the score was 2-2 and could gave greened up for a bigger profit but i also could have lost out if the score went to 1-3 ..... always green up if you have the chance, i have learnt that the hard way over the years !!.
so...is this an easy way of making money on betfair....well no its not the two trades i have had since the weekend both lost and £4 went to money heaven i have had 3 of the above trades so far since i have been doing this and a larger number of smaller wins of anything from £4-10, i can have runs of 2-5 losing bets at a time but i soon make it back with a win.
clearly this type of trading is more of the medium to long term variety...but hey its something differant for me and i am sure there are ways to improve it which i will look into.
right enough of my waffle....
bye
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