Trading the golf on Betfair is where I've made a lot of my profits over the last few years. For the best chance of being profitable in the longrun from golf betting, learning to trade is important as is taking advantage of huge outright prices in golf tourneys exchanges like Betfair offer. There are many low risk opportunities to exploit in golf trading and if you scroll down, you can see screen shots of some golf tournaments I've traded.
Please note that you will need an exchange account to benefit from golf trading and it is much appreciated if you support the site by signing up through my links. You can see some previous examples of back-to-lay trades in the old Trading Zone section
What Is Golf Trading? The most common form of golf trading is simply backing a golfer at a certain price and then backing against him (laying) at a different stage and price in the tournament to guarantee a profit or free bet.
Example (this golf trade was posted on site): Dustin Johnson, trading at 25.0 is out early in the morning on day one at Pebble beach and I fancy him to go low on a course he loves. I know if he does that he will be trading in single figures. Say I place £50 on him at 25.0 (24/1), I stand to make £1200 profit if he wins the event.
As predicted, he gets off to a fantastic start and comes all the way into odds of 5.0 (4/1) by the end of day one play. I now lay (bet against) him for my original stake of £50. This means I have a liability of £200 (£50x4) if he wins, which would come out of the £1200 I already stand to win if he lifts the trophy - so essentially, I stand to make a £1000 total profit, but I have now covered my stake and lose nothing if he fails.
I now have some options: I can let this run, I can hope to trade later in the event or I can "green up" (equalise, or trade completely to ensure profit) now. If trading fully is the preferred option, I simply divide the £1000 by his current odds (5.0) which gives me £200. I then lay him for £200 and now I stand to make £200 profit from golf trading on the event no matter who wins or what happens.
To get started with golf trading, simply create a Betfair account here and claim your free £20 bet to try it out. Follow my picks each week and have a go at trading them if they are running well.
BETFAIR GOLF TRADING EXAMPLES: Below are profits I've made from certain tournaments from investments no greater than €200 (on the tournament as a whole) so that will give you an idea of how lucrative golf trading can be. Please note that these are screenshots from certain winning weeks - trading can be volatile and many losing weeks will occur if you're backing to lay but if you follow my picks you should be be profitable in the longrun from trading the golf.
(click screenshots to enlarge - green figure beside player is profit if they win)
For some more strategy guides, visit the old Trading Zone Section
Some more recent winning golf trades:
Tags: Golf Trading. Betfair Trading, Golf Trading strategy, Betfair Golf Trading