Posts Tagged ‘how to trade horses on betfair’

postheadericon Want To Become A Pro Betfair Trader? Here’s How!

If you want to improve quickly at trading horse races on Betfair, for me there are 2 key ways to do it.

Firstly, you need to get some experience, the more the better. If you want to get quickly good in any vocation, you have to gain a level of experience. University degrees take 3 years. Imagine if you had 3 years full time experience in one specific area of Betfair Trading. How good do you reckon you would be?

However, don’t think of time in terms of chronological time, but more in terms of the number of horse races you have experience of. Aim to get to 1000 races as quickly as you can, then see how good you are when you get there.

In fact you can take in 1000 races in a month if you full time at time. Whereas someone taking in 10 races a week will take 2 years to get to the same level of experience. If you’re going to do this, why not throw yourself in at the deep end and commit fully to it? No half measures here.

Secondly, you have to try and learn something from each race. If you just try the same tactics on every single race, you are simply experiencing the same race 1000 times. You have to sit there and ask yourself what you can learn what you just witnessed. If the odds went unexpectedly against you, can you figure out why? If they went in your favour, do you know why? If you know why, this is key – otherwise you are relying on luck, and in essence you are therefore gambling and not trading.

You will find yourself getting frustrated at times, and wanting to blame the evil market for going against you. Stay calm in these situations and simply try to figure out the lesson. It’s usually in the times that we fail that we get the best learning experiences.

Richard Fletcher is a professional Betfair Trader focusing on pre-off horse racing alongside a side salad of Test Match Cricket. If you’re interested in seeing how he does his Betfair Trading, then take a look at his website to learn the concepts of Trading Horses on Betfair.

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