Football Trading is a very popular subject and many people struggle with long term profits. This tutorial is aims to teach you how to become a profitable football trader in double quick time. There are many ways to trade football and one of the most popular is laying the draw and then backing the same team at higher odds to equalise a profit. It amazes me how many people claim to know this strategy but still fail to make money. This strategy is statistic based and I'm going to show you how to do it the profitable way.
First of all, you need to find a match where the probability of a draw between the teams is small and there is a good chance of at least one goal being scored. This can be done with a variety of statistics that I won't go into right now but will come back to at the end of the tutorial.
For the purpose of this tutorial, we will choose the U21 England v Romania match. After the match has been identified, it gets pretty easy because all we have to do is lay the draw:
From the above screenshot we can see that I've layed the draw for £20 and I'm risking £58.00 of my own money. This bet was made before the match had gone in-play (for this particular bet, it was made in the afternoon at around 1pm). One thing to note is that our £58.00 is NEVER at risk. Let me repeat that. We will NEVER lose our entire £58.00. With proper exit strategies, the most we stand to lose is around £25 - most people do not have a proper exit strategy backed by statistics and this is why they fail.
Stage 2 of the trade is performed when a team scores a goal. When a team scores, the draw price usually goes up and this is where we make our money. Eight minutes into this match and England score so I back the draw for £20 to achieve a green screen:
We can see from the above screenshot that instead of risking £58.00 we now have a chance to win £58.90 if the game ends in a draw. You can decide if you want to leave it this point but I prefer to equalise whenever possible, so I did using the steps in my equalise Betfair profit tutorial:
I placed another lay for £8.61 at 7.2 which guaranteed a profit of £8.18 no matter who went on to win the football match. Some of the things to keep in mind when trading on football matches are:
- Which football trade and why?
- When to exit a football match if it all goes pear shaped?
- What do you do when the underdog scores first and there is little or no movement on the draw price?
- What should your starting bankroll and why?
- What should your stake be and why?
To learn more about football trading, I recommend Betbubbles by Mark Andrews. It's probably the best football trading package available at the moment and contains 10 football trading systems which cover pre-match and in-play strategies. You'll also gain access to their helpful members area and be invited to test all the latest systems for free.