What is the best way to profit long-term on Betfair with a low bank roll?
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I am wondering what would be the best way to try to profit long-term with betfair on mainly horse-racing starting with a low bankroll such as £100? My uncle is in the top 1% of Betfair earners but his methods require a large bank roll to work for him so at least I know profiting from Betfair in the long-term is definitely achievable. I have seen profits previously with selecting my own lays on horse racing but obviously losing streaks make this method a bit dodgy in the long term and not something I believe is pursuable. Any help would be appreciated!
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Answer:
If he really does make a long-term profit on horse racing, then he is amongst the most ELITE FEW people that does so! If your uncle is that successful, then he's the one to ask. Horse racing is SO hard to beat because of the 20% take from the horse tracks. VERY few people can beat it, and most of them do so with inside information from the race tracks. Truly. You are asking in the wrong place. Your uncle is the one to ask. While you're at it, ask him what HIS original bankroll was, and how many times he went completely BROKE before he finally was successful. I think you may be surprised when you discover the truth.
Andy Bryce at Yahoo! Answers Visit the source
Other answers
Betfair offer a multitude of betting markets on both racing and sport and they have a wide variety of betting options available on many events. Betfair has a wonderful racing product with Racing Zone which covers Galloping, Harness and Greyhound race meetings and each race provides Betfair Back and Lay odds alongside NSW Tab, Super Tab and Unitab markets which is very handy for comparing comparative prices.
Harmon Cooper
Bet the minimum amount possible, and only bet your high-edge picks, until your bankroll grows. (Assuming you're a knowledgeable handicapper to begin with.)
Divide By Zero
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