Horse racing has always been one of the most favorite sports on the planet on which the punters tend to place their bets, but especially in the last 20 years it has been even more on the rise and for a good reason. First the Betfair exchange horse racing section and secondly the one existing in the alternative exchanges deriving from the latter, helped the sport gain an even higher popularity among the ranks of the punters. More markets created, the players had the chance to lay their hands on even more races than ever before, from all over the world.
And along with the evolution of the betting exchanges, an even better feature came to make the punters’ life easier and better. We talk about the lay betting feature that is now available not only on sports like football, basketball and tennis, but on horse races as well. Of course, this is not a feature that you are going to find when you choose to bet on horse racing on the Betfair exchange, but more on that will be analyzed in the upcoming few lines, so stay with us and we promise that we are going to make your time worth a while.
Ways of winning on horse racing on the Betfair exchange
Betting on the horse races is exciting, is fun and can really be extremely profitable, if you know what you are doing and as long as keep doing the correct moves. The best one of those is to choose the alternatives to the Betfair exchange for horse racing, as you will have the chance to get benefits you would never enjoy on a typical bookmaker. Of course, the first to be asked by the punters’ side is “why shouldn’t we go with the Betfair exchange for horse racing instead of the alternatives”?
First of all, it is more than possible that you won’t be able to bet on the Betfair exchange on horse racing because of the country restrictions. For better or for worse, the great UK operator offers its services only on regulated markets and only on a very specific and strategical number of territories. If you live in the UK, in Portugal, in Spain or in Italy among others, well done. But again, if you will choose the alternatives to the Betfair exchange for horse racing, you will get even more benefits, but more on that in a while.
Since, possibly most of the players do not reside on the aforementioned countries; the alternatives to the Betfair exchange for horse racing are your best option. First of all, you are allowed to enter them from all over the world. Secondly, the KYC procedure is more lenient, while the most important reason to choose the alternatives to the Betfair exchange for horse racing bets is the fact that the players’ commission is really lower than it is on the mother company. While on Betfair you will have to payout a rate of 5-7%, on all the other alternative exchanges you will get from 3% up to 4%.
But here comes the best feature, which also can work as the perfect way to win more on the horse racing on the Betfair exchange alternatives. We talk about lay betting, a feature that can only be found on the betting exchanges and more specifically on Whitehorse. This is the only exchange letting you place lay bets on the horse racing on the Betfair exchange alternatives, just like you would do on any other sport. That means that you now have the capability of becoming the bookmaker on horse races too.
It should be noted that Whitehorse can be reached either directly, or through the best betting broker in the world, Brokerstorm. The latter, gives the punters the chance to place bets on the horse racing on many Betfair exchange alternatives, like Whitehorse, Winfair24, Fair999 and OrbitX, all handled through a simple account.
But let’s see some winning strategies you can use on horse racing on the Betfair exchange alternatives, so you can make some more money. One of the best ways to take advantage of the lay betting, is the system that is called Dutching. In that case, you spread your chances of winning by placing multiple bets on the same race. In that way you will be able to cover more possibilities on that specific race and winning will come…
You just have to not forget to use an arbitrage calculator so you can place the right amount of money on each bet, according to the odds offered on each selection. After all, we talk about an arbitrage betting variance, so you have to be very careful with your calculations. Through Dutching, the profit will be much smaller than it would normally be, but in the end of the day you will end up on betting on horse racing on the Betfair exchange alternatives having a certain profit.
Finally, you can also win by using trading. That means that as soon as the odds on a certain race are published, you get to horse racing on the Betfair exchange alternatives like Whitehorse and you place a back bet. Then you wait for a movement on the odds, which is very likely to happen as the days pass and you get near to the starting time. Afterwards, you get to another betting exchange and you lay a bet on the same outcome, always having in mind the liability you might have to pay out in the case of a lost lay bet. For that reason it will always come in handy to have available an arbitrage calculator. Again, you will end up with a certain profit in the end of the day.
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