Recent years have seen the phenomenon of betting online take on a new level of popularity, particularly with regard to the exchanges that offer the opportunity to bet against other genuine punters.
The secret to making big money by online betting, however, is to look at the options of betting in play – that is while the game or race is in motion – and laying bets to lose, rather than to win.
Let’s say you choose a horse at decent odds in a three mile race, and put $100 on it on one of the exchanges. Follow the race in play, and if it heads into the lead you will be offered some of your potential winning s to lay it to lose.
Now, no horse is a guaranteed winner – some are very likely indeed – so at this point you take that option and use some of that potential – not all – to lay off the horse, or in other words to bet that any horse other than that one will win.
Now, if you look carefully, you’ll note a very strange thing – you simply can’t lose! If the horse comes in you take the value of the remainder of your bet multiplied by the starting price, yet if it loses you win, too, albeit to a lesser degree, but still a profit.
The key is in keeping an eye on the races when they are in progress, and in having access to a good internet connection that will allow you to place a bet on the exchange very quickly – in seconds. This way you are well placed to capitalise in the changing circumstances of the race as it unfolds.
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