In this video, I present a strategy for Betfair trading that involves laying the nil-nil score in football games. Betfair is an online betting exchange where users can bet on the outcome of various events, including sports games. When a trader lays a bet, they are essentially betting on the opposite outcome of what they expect to happen. In the case of this strategy, the trader is betting on any outcome besides a 0-0 tie, which is represented by the nil-nil score.
If a goal is scored in the game, the trader stands to make a profit. For example, if a trader lays a bet of £50 on the nil-nil score at odds of 12, they would need to put up £550 worth of liability to make a profit of £49 after commission. This means that the trader is risking a large amount of money to make a relatively small profit. However, I suggest that this strategy can still be worthwhile because it is relatively low-risk.
I also emphasize the importance of doing research on the games before placing a bet using this strategy. By researching the teams and their past performance, a trader can increase their chances of success with this strategy.
To implement this strategy, a trader would first need to sign up for a Betfair account and fund it with the amount of money they are willing to risk. The trader would then need to research the football games that they are considering betting on, looking for games that have a high likelihood of not ending in a nil-nil score. After choosing a game, the trader would place a lay bet on the nil-nil score, using the Betfair platform to select the amount of money and the odds at which they want to bet.
One potential drawback of this strategy is that it requires the trader to risk a significant amount of money in order to potentially make a small profit. The trader must be willing to accept this risk in order to potentially earn a profit using this approach. Additionally, the success of this strategy is dependent on the trader’s ability to accurately predict which games are most likely to not end in a nil-nil score. If the trader makes an incorrect prediction, they will lose their bet and the money they have risked.
Another potential limitation of this strategy is that it is only applicable to football games, and even within the realm of soccer, it may not be suitable for all games. The trader must carefully research the teams and their past performance in order to identify the games that are most likely to end in a nil-nil score. Additionally, the trader must be prepared to constantly monitor the game and adjust their bet as necessary in order to maximize their potential profit.
Overall, this strategy may be suitable for traders who are just starting out or who prefer a low-risk approach. It is important to carefully consider the potential risks and rewards before implementing this strategy.
