Losing bets is for mugs. With today's online technology there is no longer any reason to suffer the agony of seeing your betting bank depleted by horses that fall, run slow or otherwise fail to perform. The smart name of the game today is not "betting". That implies a risk of losing.  

The professionals have switched to "Trading". This is a method of using the Betfair and the Betting Exchanges to both Back and Lay one or more horses in the Same Race but at different odds. The result is bets that either produce a profit or, at the worst, will only break even - never lose.

Not only can you create bets where a losing bet still breaks even, but you can also create situations where, whatever the race outcome, you will always make a profit.

Success with this approach to Bet Trading relies on being able to confidently predict the direction in which odds prices for individual horses are likely to move. There are techniques for making these predictions with great accuracy.

You can now forget about the worries of losing bets and turn your computer into a daily money machine.

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