Betfair scalping strategy is my favourite way to make a profit on British horse racing. When scalping, I usually make many quick trades and I try to use short term fluctuations in the market. The market never sleeps and it always moves up and down. Especially in the last 10 minutes before the start of the race. At this time, the market attracts many participants – bettors, speculators, traders, bots, bookies and many more. The activity is huge. In total, horse racing is the biggest market on Betfair in terms of pre-race activity. There are many variables in the market, whether it’s a number of horses, their form, related news, or whatever. Every horse race is different and all of these variables create an incredibly dynamic environment.
Betfair Scalping Strategy
It’s a technique where you use very small price movements to gain a profit. This is usually done in a matter of seconds and is repeated many times. The market constantly fluctuates and you need to learn how to 1) Read these fluctuations, 2) Jump into the market and 3) Get out with a profit in a short period of time. My scalping style is when my trade doesn’t take more than let’s say 15-20 seconds. It’s very quick. During that time, I try to make a profit, scratch or take a small loss.
Markets are like two rams constantly butting heads. There’s a Back and Lay side of the market, which are represented by these two rams. For a few seconds, the Back ram can be stronger and thus drive the price down. When the Back ram loses its strength, the Lay ram starts hitting harder and the price goes up. This is the way markets constantly move and you need to jump on the back of the right ram the majority of the time. Of course, it’s impossible to be right all the time – we just need to be right most of the time.
The text above is a short preview to my book where I describe scalping in a very deep detail.