Horse Racing Back To Lay On Betfair – Steamers
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Horse racing is one of the most popular sports to bet on and Betfair is the go-to platform for horse racing punters. Back to lay is a popular strategy used in horse racing betting where a punter backs a horse at high odds with the intention of laying it back at a lower price to lock in a profit. In this article, we’ll delve deeper into the back to lay strategy on Betfair and the importance of steamers in horse racing betting.
See the Steamers and Drifters we trade live 24/7 in the UK, IE, AU and US horse racing markets here.
Horse Racing Back to Lay Strategy on Betfair
The back to lay strategy is one of the most successful horse racing betting strategies on Betfair. The idea is to back a horse at a high price before the race starts, and then lay it back at a lower price in-play to lock in a profit. This strategy can be used on horses that are expected to drift in price before the race starts and then shorten in price during the race.
To successfully implement this strategy, it’s important to research the race and determine which horses are likely to shorten in price in-play. One way to do this is by looking at the market movements and identifying horses that are being heavily supported in the lead up to the race. It’s also important to have a solid understanding of the horse’s form and the race conditions.
Steamers: The Key to Big Profits in Betting
Steamers are horses whose odds shorten dramatically in the lead up to the race. These horses are heavily backed by punters and can offer big profits for those who back them early. Steamers are often identified by the market movements on Betfair, with the odds shortening significantly in the last few minutes before the race.
Backing a steamer early and laying it back in-play can be a highly successful strategy. However, it’s important to be quick to react and lay the horse back at the right time. Steamers can be unpredictable and may not always shorten in price as expected, so it’s important to have a solid understanding of the race and the horse’s form.
In conclusion, the back to lay strategy on Betfair can be a highly profitable betting strategy for horse racing punters. By identifying steamers and backing them early before laying them back at a lower price in-play, punters can lock in a profit and maximize their returns. As with any betting strategy, it’s important to do your research and have a solid understanding of the race and the horse’s form to increase your chances of success.
In 2021 TradeHost traded 7,937 Betfair UK, IE, US & AU horse racing and greyhound markets.
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