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Betfair trading on horse racing is a popular form of participating in betting, I decided I would try my hand at trading the markets in the hopes of being able to develop profitable trading strategies.
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A successful trade on Betfair is derived as a result of placing a back bet at a higher price than you place a lay bet on the same outcome within a market, the concept has similarities to traditional arbitrage betting or taking advantage of bookmaker price boosts, locking in a profit by laying off the liability in Matched Betting.
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Disclaimer: This video is for entertainment purposes only and is not financial advice.