3K views 11 days ago. g. When the odds on Betfair are 3. By Caan June 22, 2023 Betfair, Horse Racing, Trading Strategies. Then after you understand the basics of Betfair scalping we can look at a live video example. Certainly being a sports trader takes a tool on you. This strategy is potentially the simplest one. 5 and wait for it to be matched, if the market moves in that direction. So, we start by adding up all the points like this. 00:00:00 Profitable horse racing trading strategy on Sports. Win. So what are some of the popular Betfair horse racing strategies? 1. You really need to commit a decent amount of time to this but the results can far outweigh those of matched betting. The markets are starting to form and the morning shows appear with bookies. 2, and you back each horse at the new odds, each time with a stake of approximately £97. This soccer trading strategy was initially developed as one of the best Betfair trading strategies in horse racing but has been implemented in other sports during the last 5 years. About Carl Trader. Our team was asked to answer a new question in horse racing:. Below I aim to provide you with a full understanding of horse racing trading on Betfair: What it is, how it works, and which are the most successful trading. Historical RacesTrading the Breeders & Melbourne Cup. e. Both strategies can be utilized with larger stakes and less risk, given the. Intuitive strategy builder. While this strategy is easy to understand, it is a little challenging to come by. 1. Focusing on a simple strategy such as Betfair scalping to trade your first horse race is wise. The choice is yours, but keeping that balance for future growth is a wise move. Exchange trading is a form of betting that involves buying and selling bets on a betting exchange, such as Betfair, rather than placing bets with a. However, the idea of this trading strategy still sounds foreign to many punters. Join for free. In one case (0-0 draw), you win about 25%. Stats and trends are often utilised by the best. The key to successful swing trading on the betting exchange is to identify the swings correctly and make timely decisions about when to enter and exit the market. Different Betfair trading strategies are always going to produce different results. This strategy involves in-game tennis trading, with the aim of securing quick profits after one or two points. In betting, positive expected value (EV) refers to a situation where the potential payout from a bet is higher than the risk involved. Large horse racing events like Cheltenham can be particularly lucrative, but watch out for the all-weather stuff (it can be more dangerous). This will increase your chances because you will win if any of those selections win. You’ll want to open a market starting in around 15 minutes. Horse Racing Bot. World Cup Day 2: Betfair. The risk on this bet is £100, so essentially by trading out at 5. Here we take a look at six tried & tested Betfair Trading Strategies to give you an edge over other punters, covering sports from horse racing to tennis and football. Automated Trading Strategies 12. Learn how to trade horses on Betfair with four profitable strategies and three mistakes to avoid. However, it’s a long-term thing again. Then you divide each of the value numbers by this total number and multiply it by 100. This review will cover all the ideas and concepts behind laying horses in running for more profits. Trifecta: Pick the first three horses in exact order. Let’s take a look at what it involves and how to. 3 Horse Racing Trading Strategies; SCALPING: A Beginners Guide; Matched Betting Tips; 3 Tennis Trading Strategies; £400 Bank 3 Day Challenge; 4 Football Trading Strategies; 6 Full-Time Traders: 3 Questions; 5 Stages: Trading For A LivingThe Inside Man, or Adam Cheng as he’s better known, proved that his experience within the industry has given him an edge against the bookmakers, delivering £646. Hedging 4. If a team starts at 1. Similar to betting volumes and streaming information, the news is a source of change. Stake not returned. 3. For example; if the horse is now trading 2/1 and you have backed it at 3/1 – you have an excellent value bet. Lets take a peak at the very same race as mentioned above with the Patternform cards: In the moneyform card above you’ll notice a few things; A selection of coloured numbers and a DOB %. The risk on this bet is £100, so essentially by trading out at 5. That is, the risk factor associated with the method is as low as can be found anywhere. Doing this 5 times per day will get you £12. Horse Racing Trading Strategies: 3. Here are some of the examples of using this strategy:Scalping. 05. Chapter 3. an over-round is the combined total of priced probability across all outcomes on a single event. The trend is stronger than the resistance line, so in many cases this triangle will be a sign of an uptrend, more rarely – a downtrend. Having played tennis as a youngster has helped him in understanding tennis markets. 2. Some more than others. 5ht while it’s still 0-0. And several of them continue to produce outstanding results year-on-year, with impressively high ROI’s. Geeks Toy is easily the best value-for-money trading software available if you consider purchasing the owned license option. Assuming that the horse hits the desired odds of 5. Using that little bit of horse racing knowledge enabled a profit of £21. Don’t go in to a market expecting to make money. In addition, I have traded stocks and futures in financial markets at a propriety trading firm. Web-scrapped Data. From the Geeks Toy forums to his website/blog Caan has been writing about horse racing trading for many years. . Find out more by reading this recent article about Betfair trading for beginners. 5 @ 1. 5 Use your Betfair account credentials to log on to the App. The horse markets are often unpredictable and volatile, meaning it is easy to use this volatility to your advantage. . The. Below is a full video explaining how Tony Bloom. In such cases, there is a higher chance of your system panning out better. The second section will deal with trading techniques that are more suited to when the horses are actually running. Eg 3. The definition of strategy here is largely how we view it in relation to gambling. It’s the sweet spot that every successful trade wants to master. Let’s look at a typical eight runner horse race. It all depends on the lines displayed initially, the odds, the league and the match statistics. 0 or lower, you lay the selection to go all green. Horse racing betting is a much more straight forward method of wagering than trading. Although the risk to reward ratio of this strategy is low still, using it rightly can set your games right. Where you can be in and out of the markets in minutes. These tips can also be applied to other sports. If out of the five matched bets, one wins the race, it. Cross-Market Trading 6. Last updated: May 4, 2023. Of course, you will never have to renew your subscription with this option. Types Of Horse Racing Tips. 5ht are about 1. Enables automated dutching of markets using pre-defined rules. Without research, you will be at a huge disadvantage and will lose huge sums of money in the long run. The concept is that the jockey knows the horse well enough and has a higher chance to place first. 0 pre-race is an example of swing trading. This will increase your chances because you will win if any of those selections wins. This strategy is potentially the simplest one. A channel for horse racing trading strategy on Betfair Exchange. You have to divide each number by the total value points that you awarded. From the bookie’s perspective, they are taking in $104. The aforementioned scenario of laying and backing a horse at odds of 2. We want to leave emotional trades out of the picture. Betfairthe best horse racing tips for meetings in the UK, Ireland and beyond. You can back, lay and trade or cash out w. However, there are pros and cons to both. This means you can increase stakes, and potentially increase profit. The odds on horses change dramatically in the 5 or 10 minutes leading up to a race. 3 Learn more about the features and benefits and check the community rating. In addition, I have traded stocks and futures in financial markets at a propriety trading firm. You’ll want to open a market starting in around 15 minutes. Caan Berry's guides offer tips for smarter pre-match betting. If you can find the sweet spot and all of the rules and triggers to make it work – you could skim off profits when people make the odd silly mistake. The reason for this is that it doesn’t. Venera. I was able to contain the losses on those two quite tight numbers. Every racehorse has different capabilities. Profit minus Liability = 2. Sports trading allows different trading approaches, especially for traders ready to stake huge amounts. I was taught by many successful Betfair traders over the years and I have come up with my own profitable in-play betting strategies. 2. Horse racing, with its myriad variables from the form of the horse to. Through a series of videos and PDF documents I provide a written description of what I am watching for at various racecourses, and then video examples to highlight it in-play. 1: In-play horse racing strategies for beginners. One such approach is to use a simple back-to-lay trading strategy. Speaking broadly, Dutching is a viable betting strategy on the betting exchanges now as the book overround is so small. Perhaps the added control and dynamic aspect of horse racing trading appeal more to you. So, as the odds are +200, this means that for every $100 wagered, you make $200 in profit. Pro trader forum and community access. The different ground is favourable to different pedigree’s. Horse Racing 20 days ago. Here’s a quick rundown of common bets: Win: Bet on a horse to finish first. The task here is to place a LAY bet on the favourite of the race – the favourite being the horse with the lowest odds to. One of the tried and tested ways to gain profit when betting on the exchanges is by backing or laying a horse before the start of the race, before then cashing out on the prediction as soon as you can gain profit in running. 3 Horse Racing Trading Strategies; SCALPING: A Beginners Guide; Matched Betting Tips; 3 Tennis Trading Strategies; £400 Bank 3 Day Challenge; 4 Football Trading Strategies; 6 Full-Time Traders: 3 Questions; 5 Stages: Trading For A LivingCorrespondence Address: Triq il-Kappillan Mifsud, St. Things like traded volume, streaming charts and support and resistance levels. Horse racing strategies with spreadsheets for Betfair trading. Cold trading, as the name would suggest is a way of trading betting odds without the use of external or historic information (such as horse racing form). For instance, if you back a horse at say 5. After years of trading, you slowly build up a large collection of strategies that you can use in the. One popular strategy is pre-race horse trading. Dobbing stands for “double or bust” it is a Betfair trading strategy used on the horse racing markets. Then you lay all the runners in the field and set the bets to be ‘kept’ when. A key thing in the 2nd favourite strategy is research. Betfair race trading strategy a step by step guide for betting exchange success. Laying horses in running has been a profitable strategy for bettors since the past decade. By focusing on just one betting style means that I have picked up a number of tips and tricks which increase the strike rate and keep the profits rolling in. You get introduced to the strategy through a manual. See how I bet on horse racing price moves without predicting the winner in this week's upload. In this article, we will cover what you can do within larger race markets and typically what. Assuming that the horse hits the desired odds of 5. How to start trading on Betfair Exchange 2. The withdrawal come after Portugal started to operate under a new on-line gambling regime. Everything from understanding the track, in-run positions, horse ratings to analysing form. Tip 1. You can use a variety of betting strategies, scalping or swing trading being two common. A key thing in the 2nd favourite strategy is research. The potential payout versus liability is a unique facet of laying, making the staking strategy all the more crucial. In this section, we will introduce some alternative methods to profit from sports betting, and some tips to diversify your sources of income and invest your profits wisely. In-play betting or trading is driven by how horses prefer to run and also other characteristics, which we will discuss in a second. Some $12bn was bet on horse races in the US in 2021, according to the Jockey Club, a thoroughbred industry group. 3 Horse Racing Trading Strategies; SCALPING: A Beginners Guide; Matched Betting Tips; 3 Tennis Trading Strategies; £400 Bank 3 Day Challenge; 4 Football Trading Strategies; 6 Full-Time Traders: 3 Questions; 5 Stages: Trading For A LivingThere wasn’t much support for the horse “Mystic Jade” and it ended up drifting from odds of 6. Horse Racing Trading Strategies Betfair Horse Racing Trading If you want to pursue winning horse racing trading on top of exploiting horse racing refund offers, you may want to take a look at 3 Simple Horse Racing Trading Strategies (for Betfair). If you're looking for a beginners horse racing trading strategy this video shares an example on Betfair's Exchange. Query our database of over 170,000 races. The most important tip is to factor the trading volumes and fill rate into your Betfair scalping strategy. The software I use when trading horse racing markets is Geeks Toy. Another automated strategy would be to leave similar bets in the market, in-play (horse racing as an example). The aim of a Dob (double or bust) bet is to make a profit that is even to your stake essentially. Extensive GB/IRE horse racing and Betfair price database. 0 the price movements are in degrees of . Utilising team news is also important to be sure that key attacking or defensive players are going to start the game. Trend trading in horse racing. You shouldn’t have too much of a problem finding 5 arbs in a day if you pay enough attention. As a no-nonsense Yorkshire man, he has been trading the tennis markets ever since. Likewise, they will spend countless hours calculating what type of ground we will have based on the forecast, even ignoring what the clerk of the course says. The second section will deal with trading techniques that are more suited to when the horses are actually running. At the peak of my sports trading career, I traded 10+ million euros in a single month. Betfair trading strategies Learn sports betting strategies and discuss key factors to consider when placing a bet. Start with a Dedicated Bankroll. If you like what you see, Geeks Toy is one of the cheapest sports trading software’s available. For those who are Betfair scalping, there’s more scope to start earlier. I was taught by many successful Betfair traders over the years and I have come up with my own profitable in-play betting strategies. This is a type of trading strategy where a trader seeks to capture gains by holding a position for a period ranging from. Whether you're completely new to Betfair, or a full time trader of other sports now seeking to profit from the horse racing markets, this article is for you. What I am going to outline over this series of articles is a method that can be used successfully for trading horses on Betfair. This means the total volume matched will be £20 at 2. 1 – Swing Trading. 0 – 3. Official Site. 3 billion pounds. 00:13:23 Automated lay the field strategy with high profits. Several Portuguese traders have contacted me over the last week or so. Orange – last 15 minutes to post time. One of the great things about trading horse racing on Betfair or another betting exchange, is the number of opportunities to trade throughout the day, with races starting near on every five minutes. The aim is to find a horse race which is…. Dobbing, back to lay and lay to back are the most popular horse racing strategies on Betfair. It can help protect your budget from dry spells while also increasing the enjoyment you get from your bets. We have a lot of posts about various strategies on trading on Betfair. . Where you can be in and out of the markets in minutes. For instance, if you back a horse at say 5. – Handicap. This is a form of limited overs and is usually fixed at fifty. One sure-fire way to work around horse racing merchandise is to manage the trade before the commencement of the event. In addition, I have traded stocks and futures in financial markets at a propriety trading firm. For those races where you don’t see a clear edge or a clear bet, just. 2. 5: Points of overreaction. The 3 Simple Horse Racing Trading Strategies (for Betfair) are also very useful for you to understand how Betting Trading works. Licence Number: MGA/CL3/454/2008 17th March 2015, Triq. 1 - VALUE BETTING So, if you are at all familiar with general gambling terminology, I’m sure that you’ve. Watch on. 00 in running, we are securing an even money winner. Tennis is wildly different to the likes of horse racing trading, and so you need a different strategy. 0 4/1 for £10 and lay it back at 2. 52 – 2. . Paul started trading Betfair in 2008. Which Horse Racing Strategy is Best? There are an infinite amount of ways to trade a horse race on Betfair. This can create value for the underdog to take a lead with little. If a criterion is met, for example, an odd on a team is higher than expected, the bot is triggered and will execute a command. You can get into a position with pre-race trading as soon as possible. Discover the world's research. 0 and when it trades 7. Backing to lay is a great way of winning a quick trade, for a fairly easy profit. Backing-to-lay has always been one of the most. These are the types of bets that you want to be on for a number of reasons. Horse Racing Tips and Predictions Paul Nicholls: Bravemansgame is in top order and has a great chance to win Betfair Chase; US Sports UK NFL Thanksgiving Tips: Back Lions, Lamb and a 17/2. Betfair Sniper is a step-by-step approach to the fundamentals of trading the horse racing markets. However, it is the easy access to horse racing trading strategies that has really made the difference. The football is a place I bet on having lost (everything!) in horses over forty years having been a track gambler before this crazy internet driven trading that I entered as an early adopter getting stung for the ease of spread betting and laying horses. Between 9. 6 - Back To Lay For a Quick Win. 3 – Laying the Favourite Strategy. Horse Racing Trading Strategies. Focusing on genuine liquidity is the best way to limit risk. 30. . What are the best horse racing trading strategies? Horse race trading is all about knowing how to make the best out of opportunities. Daily qualifiers. Packed with expert insights, tick-by-tick strategies, and hands-on examples, this guide is your ticket to mastering the art of trading and making money by trading the pre-race horse markets on Betfair. Horse C has odds of 7/2 (or +350 in American odds). Key features include: WATCH LIVE RACING & RACE REPLAYS - from UK and Irish. To begin with, you should never go into a race with the expectation of betting without first knowing which horses are tipped to win. Unsurprisingly, this goes hand in hand with being the most difficult trading discipline. Currently, the owned license costs 120 GBP as a one-time payment. Here are a few guides to get you going: Horse Race Value. In the example above, the. If you’re using the platform (Betfair) you should introduce that as part of your betting routine or repertoire at the very least. So whether the horse wins or loses, you made your profits. It works by finding horses who’s odds on Betfair offer value compared with the average of traditional bookmakers. As with matched betting, you can get a helping hand by using Caan Berry’s expertise and video guides to train you. For the purposes of this example, the commission has been eliminated to make. 3. 95, 4. 2 Search for the best App for you by using the filters or search bar. In short, I don’t anymore because without wanting to sound like a fool it’s not worth my time when I could be putting all my effort int trading the UK racing markets where there is more possibility to make larger. Some came from. 5 6/4 for £20 you would be guaranteed to make £10 whether the horse won or lost. How To Get Started Right Now & Make Money From Horse Racing. To find the right times to enter the market, you need to do your research. 50 from each £50 stake. Setting a budget – A crucial starting point. Here we explain them to you and talk about why they are so comm. It happens in all betting exchange markets and influences a handful of factors so it’s important to understand. 86 Topics 1775 PostsProfessional Betfair Trader Ryan Carruthers trading the horses in play and live with a great trading strategy that all Betfair traders should watch and try t. 2 – Pre-Race Scalping. Speaking broadly, Dutching is a viable betting strategy on the betting exchanges now as the book overround is so small. Scalping is a popular short-term trading strategy that revolves around making quick, small profits by capitalizing on minor price fluctuations in the market. Apply the 3rd Favourites lay system to race with at least eight starters: It is best to apply this system to races with more horses. 3 Horse Racing Trading Strategies; SCALPING: A Beginners Guide; Matched Betting Tips; 3 Tennis Trading Strategies; £400 Bank 3 Day Challenge; 4 Football Trading Strategies; 6 Full-Time. Show: Bet on a horse to finish in the top three. 0 to win, you can place a back bet on it. The variance in price will only go up and down a fraction, otherwise known as ticks. Horses For Courses – Good record at the track. Bet Angel contains an advanced. However, with careful management and good decision making, the "Bad Start Comeback" strategy can be a profitable way to bet on horse racing in-play. Chapter 3. The calculation for matched volume goes something like this: If I was to place a £10 back bet at 2. Every time you see an odds movement that is favourable for your betting strategy, you take action. 00 in running, we are securing an even money winner. The expectation is that the odds will shorten to reflect that of the market average making an opportunity to profit by trading the odds. Venera. The markets that we have an interest in are published and updated 24/7 at the TV link at the top of every page where you can also watch every traded selection on JuiceStorm TV. It’s basically the rule that makes all the prices add up and make forming a betting market possible. are fairly equal then the horse’s odds are not likely to move in either direction. We have a lot of posts about various strategies on trading on Betfair. Using a variety of different Betfair trading strategies to profit from the horse racing markets. Step 2 For each horse in the race from Step 1 above, identify it’s last handicap race where it finished in the top 3 positions i. 3, once the game goes in-play and it’s 0-0 the market has to get to 1000. 30 and 10. 4 – Value Betting. Our free horse racing tipsters offer an array of tips and picks across a range of different betting types — here’s a rundown of the most common. In-Play Racing Trading on Betfair. If you bet on both the teams, you are actually risking $104. Betfair trading provides a plethora of horse racing betting opportunities for the avid horse bettor. The Laying The Field or “Lay All” method is one of the easiest horse racing trading strategies to learn for beginners. This strategy requires some research beforehand. It is yet another form of limited overs with a maximum number of twenty. Horse B has odds of 2/1 (or +200 in American odds). In summary this Betfair trading strategy for UK horse racing is one of many available. Getting over-excited and breaking your own rules will land you in hot water every time, don’t do it. No delay on bet submissions (Live markets have. A common approach is by backing an event to lay it in an in-play mode at lower odds and take out profits. Thankfully, it isn’t as difficult as you might think, though. Allows traders to place pre-race and inplay trades. 5 @ 1. 0. 50 profit. This will give you the percentage chance your formula thinks each horse will win the race. When you do the research and find good opportunities, the win rate on over 1. If you’re interested in trading the horse racing markets, this informational video pack course is the perfect solution. Scalping a betting market, like pre off horse racing, is all about profiting from small price movements in a highly liquid market. As the very famous saying goes: “In a world of change, the learners shall inherit the earth, while the learned shall find themselves perfectly suited. However, it is the easy access to horse racing trading strategies that has really made the difference. Discover strategies and tips to help you become a successful trader and maximize your profits. 5ht in 35′ when the score is 0-0 or 1-0/0-1. Beautiful, informative racecards. Twenty20 is one of the newer forms of cricket, having been around since just 2003. Laying a 2. 0 and then 4. The key lies in knowing when to tune in and what to look for, all while keeping your overall trading strategy in mind. It is more complicated than just betting outright on a horse. I was taught by many successful Betfair traders over the years and I have come up with my own profitable in-play betting strategies. In summary, to make money money on Betfair you MUST do two things. What are the best horse racing trading strategies? The best horse racing trading strategies limit your potential downside while leaving room for profit, not the other way around. No. This review will cover all the ideas and concepts behind laying horses in running for more profits. 1. It is more complicated than just betting outright on a horse. In this post I’ll cover: What makes a good in-play strategy; Pro’s and con’s of trading in-play; Opportunities to develop your in-play horse racing strategies; Statistical data and horse racing strategies. . 711/4 . You divide 1/4 into 4/1, and you get. The important thing to understand is that before a horse race starts it’s driven purely by opinion or the chance that people think the horse has of winning the race. Smarkets is a. Lay Low Odds. Welcome to the exciting world of horse trading on Betfair, a platform that has revolutionized the way we bet and trade on horse racing. Unlike backing horses to win, one or two small mistakes will clear out any profits you may have steadily built up over a number of. Horse racing markets can be extremely volatile. Correspondence Address: Triq il-Kappillan Mifsud, St. In a nutshell, the idea is you back a selection at 10. The * expresses a win, or at the very least a 1. But that means there are pitfalls. The racing trading strategy that you use is dependant on the market conditions available to you. 5 goals if you think the odds are higher than they should be. Horse Racing Analytical Software: Tools like Proform Racing and RaceXpert offer advanced analytical capabilities, including predictive algorithms and statistical modeling. ) Sharp bookmakers allow winning bettors to bet with them whilst soft. 2: Natural compression points. In-play racing strategies aren’t usually so appealing to the risk averse, mainly because of the roller-coaster results it can bring. . Top 10 Horse Trading Tips for Success on Betfair. step 1. Initially, Betfair graphs can appear confusing, but they don’t need to. Don’t go in to a market expecting to make money If you go in with this mindset it will be hard to accept a red should you need to, often this will lead to a bigger red. In the 13:30 at Haydock on Saturday you have Val D'arc and Oyster Shell heading the betting at around 3. The task here is to place a LAY bet on the favourite of the race – the favourite being the horse with the lowest odds to win. Here is a full list of all the automation templates you can download for in-play horse racing on Bet Angel - Trading Guide - this Betfair scalping example that made £33. Daily Football Betting Tips Daily Horse Racing Betting Tips Latest Betting Offers Join Betfair!3 Horse Racing Trading Strategies; SCALPING: A Beginners Guide; Matched Betting Tips; 3 Tennis Trading Strategies; £400 Bank 3 Day Challenge; 4 Football Trading Strategies; 6 Full-Time Traders: 3 Questions; 5 Stages: Trading For A LivingStep 2: Obtain historical data. Correspondence Address: Triq il-Kappillan Mifsud, St. Step 1 Choose A UK Handicap Race You Want To Place A Dutching Bet. Part 1: Pre-Race Horse Trading. 5 presents enormous value, though, as the. For example, if a horse named "Speedy Gal" has odds of 5. Having an interest in the sport is going to help you maintain your interest in trading, as noted before, becoming consistently profitable will take time. You can back, lay and trade or cash out w. Here you'll find a list of links, articles and videos designed specially with the new trader in. 1) The ascending triangle – the trend is against a horizontal point of resistance. More Winnings. You may have also seen him on the Betfair homepage or as a guest speaker at the annual Matchbook Traders Conference. 3 Horse Racing Trading Strategies; SCALPING: A Beginners Guide; Matched Betting Tips; 3 Tennis Trading Strategies; £400 Bank 3 Day Challenge; 4 Football Trading Strategies; 6 Full-Time Traders: 3 Questions; 5 Stages: Trading For A LivingOn the other hand, this is extremely rare in horse racing as there is a significant volume bets in the lead up to post. YouTube Video Here. After this, ratings are adjusted in line with performance. We can see. As tradition trading opportunities decreases, traders need information that can put them one step ahead of the competition. Betting Tools: Software like Bet Angel or Geek's Toy can help you manage your bets more effectively, offering features like one-click betting and automated trading strategies. There aren’t alternative payment plans right now although we hope. Sounds great, but the key to this. It involves placing multiple small bets or trades within a short time frame, aiming to capitalize on small fluctuations in odds. Unlike the Horse Racing markets where you can place many more trades and act intuitively. Following a live match, I can often lay 1. What is Betfair Trading? 1. Dobbing is a popular Betfair trading strategy for trading and using in the in-play period of horse racing markets. There is no easy profit to be made using trading strategies. Horse racing markets in the last ten minutes before the start of a race provide generally good conditions for getting small profits out of a small move and locking in a profit on a betting exchange.