In-play trading strategies for Betfair traders: How to capitalize on live markets

Sports trading is increasingly growing in popularity among gamblers in the industry.

This is due to the high potential of consistently earning money once the right strategies are implemented.

Generally, two major types of sports trading are to lay or back a bet. You can lay or back a bet before the game has started (pre-game trading) or when the game is currently being played (in-play trading).

This article will have an in-depth review of how to take advantage of the in-play trading or live market and make money. Check Thetrader’s guide for more information.

Why you should consider In-play trading

In-play trading is fast-paced, as odds can change multiple times before a game ends. This gives you a lot of leverage to make more than one trade in a game.

That’s not all, and you have real-time control of your bets. As such, you can hedge at the appropriate time if the game goes in the direction you didn’t intend.

Playing is more fun than pre-game trading, keeping you active and engaged.

Strategies to implement for In-play trading

There are some strategies to use in increasing your chances of winning. Note that these strategies may take some time to learn and use effectively.

Lay Low and Back High

This strategy is sometimes called the golden rule. To implement this strategy, you simply lay a team that is less likely to win the match and then back the team who are favourites to win.

Lay and Back the Draw

This strategy is pretty straightforward. You lay a draw and back it up after a team has scored and is leading. The odds of the match ending in a draw after that is bound to rise.

Doing this ensures you’ll make a profit because you’ve hedged against any loss.

Lay the Winning Underdog

If you’re in a game where the underdog is unexpectedly winning, that is a great opportunity to lay them to win the match. This strategy often works as the trailing favourites will likely return to the game and win.

Laying the 0-0 Correct Score

This strategy is mainly applicable to football. This is because football games rarely end in a 0-0 score, especially between two footballing heavyweights. As such, you can confidently lay the 0-0 correct score immediately for as long as the match is still at 0-0.

This strategy automatically becomes unattainable once a goal has been scored in a match. However, you can always lay another correct score that you’re confident the game won’t have.

Ditching

You can implement this strategy by placing multiple bets on a particular game to spread or increase your chances of winning. Since you’re betting in-play, you can easily exit any bet not going your way.

Mistakes to avoid in sports live trading

While you know some of the strategies you can implement in in-play trading, it is important to know which mistakes to avoid so you won’t foil your strategy. Some of the mistakes you should avoid are:

Not Watching the Game

As much as some sites update stats in real-time, it doesn’t dispose of the need to actively watch the games you’re looking to trade in play. You can better judge a game’s tempo and momentum when you watch it live.

You can as well combine the insights you will get from stats with what you watch.

Not Having a Strong Internet Connection

A strong internet connection is necessary to leverage most of the changes in live sports trading.

A lagging internet connection will only frustrate your efforts to quickly jump on the changing odds. You’ll only end up chasing shadows.

Trying to Combine Multiple Trades from Different Games

As live trading is fast-paced, it may not be the best idea to try combining multiple trades from different games simultaneously. This will surely make you have divided attention which will, in turn, cause you to miss vital odd swings.

Live Trading Games You Have No Knowledge About

A huge part of being successful in live trading is to have substantial experience with how they work, without which you may find yourself getting your decisions wrong. To avoid this, only trade on sports you know about. Do not trade golf when you only know football. There is a huge chance you won’t be successful.

Conclusion

In-play sports trading can benefit by following the right strategies and employing due diligence. However, use every loss as a learning curve and come back stronger. I hope you find this text helpful.