I’m going to let you into a secret, profitable sports trading doesn’t have to be complicated…
Some of the best sports trading strategies are extremely simple. In today’s article, we are going to take a look at a few different sports and go over some simple strategies that can be effective.
Football (Lay The Draw)
Football is one of the most popular sports to trade on Betfair.
Big games regularly attract millions of pounds in turnover, it is a sport that most of us are familiar with. Due to this, it is often the first sport that people look to trade when they start using the betting exchanges.
Lay the draw is an old strategy and a very simple one. Despite its simplicity used in the right situations, it can be extremely profitable.
Results using a lay the half-time draw strategy in 2023.
Strategy – Lay The Draw
The traditional strategy involves laying the draw (backing against a draw happening). Then trading out of the market once a goal is scored. There are however several different takes on using this simple strategy.
- Laying the halftime draw.
- Laying the draw after 60+ minutes (late lay the draw strategy).
- Leaving the draw lay to run for the full game (no exit strategy).
- Laying the draw after 30 minutes.
Overall the lay the draw strategy is a very simple strategy to use and can be a great starting point for beginners.
Want to learn more about Lay The Draw? Check out our in-depth article on the lay-the-draw strategy here.
Horse Racing (Back To Lay)
Let’s move on to the sport of kings, horse racing!
Horse racing is an interesting sport when it comes to Betfair trading. There are so many approaches that you can use in these markets.
Whether it is pre-race or in-play there are a multitude of ways to enter and exit the markets.
Much like football however profiting from the markets doesn’t have to be overly complicated. There are still simple sports trading strategies you can apply that can profit long term.
The Strategy: Back To Lay
This strategy involves backing a horse pre-race that is expected to run well and laying the horse in-play as its odds shorten. Hedging both outcomes for a profit.
- Double or bust (know as dobbing) is a method where you look to double your initial stake in-play or take a loss.
- 50% profit, look to make a profit of 50% on your initial stake.
- Let it run – leaves profit on the horse to win but removes your risk.
If you are looking for a strategy to use in the horse racing markets. Back to lay is a great starting point as there are a number of useful resources freely available to help you find suitable horses for this strategy.
Interested in developing your own profitable horse racing strategy? Take a look at an in-depth explainer here.