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Trade Betting

 

Trading is the only way a punter can eliminate the possibility of loss from a bet. This betting technique involves placing a lay and a back bet on a single selection. For this to work, a lay bet must be placed at a lower price followed by a back bet at a higher price.

This simple technique returns a small profit when back bets win, and punters are protected from incurring an overall loss from their two bets.

Example:

A punter places a $10 lay bet against Germany beating Argentina in a football friendly at odds of 1/1 (bet #1). This means a win by Argentina will pay out a return of $20.

A few hours later, the punter finds a match for a back bet on Germany beating Argentina at odds of 2/1 (bet #2). The punter again stakes $10, for a potential return of $30.

If Germany wins, the punter forfeits the lay bet but wins the back bet, generating a total return of $20 (bet #2 – bet #1).

If Argentina wins, the lay bet will pay out $20, while the punter will forfeit the $10 wagered on the back bet, effectively earning back both stakes without a profit.

When to Attempt Trading

To be successful at trading, a grasp of mathematics is required, and the ability to find suitable odds. These bets are only successful if a price can be found for a back bet that will potentially pay out more than the sum of money staked on both bets.


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