Trading football on Betfair is a phenomenon that has grown and grown over the last few years, to such an extent that a live game on TV can regularly see millions traded on the outright match winner market alone, this is not to mention the numerous other markets, such as Correct Score, Over/Under 2.5 Goals, etc.
The innovation of the betting exchanged changed football betting for the better (in my view), not least by giving us the option to cash out our bets, they have also made football trading far more accessible.
At the moment, Betfair is by far the biggest football trading, betting exchange. Betfair was founded in 1999, and currently has over 950,000 customers.
There are now massive opportunities available to us all when betting on football on Betfair. For example, in the outright winner market we are no longer restricted to backing a team, and sitting there waiting until the bitter end - hanging on to see if our selection can hold on for that 1-0 win, only to be stung by the last minute equaliser.
Thankfully those days are now gone, as we now have the option to trade out before the equaliser.
That is a very simplistic way of looking at trading football on a Betting Exchange, as there are far more trading opportunities available than just laying your team when they are 1-0 up in the 90th minute.
There are trading techniques such as laying the draw, or laying the draw at half time, or when the draw odds get to a particular price, etc. Some people trade Correct Scores, such as 2-1 and 1-2, or 1-0 and 0-1, and some trade the Over/Under Goals (1.5 or 2.5 Goals, etc) markets.
You can also create your own Betfair football trading methods, for example I have a couple of methods I like to use. One is trading the Over/Under 1.5 Goals market in-play, and the one I use the most is trading the Over/Under 2.5 Goals market pre match, looking to lock in my profit before a ball is kicked. I am also working on my own Correct Score trading method.
As well as these forms of trading, there are also some subscription services, such as Prematchtrading and Assured Soccer Profits.
Prematchtrading does what it says on the tin, it trades football pre match. It has software that spots misaligned prices and allows you to take advantage of this, by backing or laying accordingly. The idea is you have your profit locked in before a ball is kicked.
Assured Soccer Profits is an in-play Betfair based, football trading service. This is a system trialled over time that generates long term profits trading the Correct Score market on Betfair. It is based on laying certain scores at the start of the match, and then either exiting the trade when green, or seeing it through to the end for potentially bigger profits (but with slightly more risk).
Both of these subscription services are forms of football trading, and both are built around using Betfair.
Sometimes these subscription services can help you in your own trading, even if they are not exactly what it is you are after. For example, when I joined the Prematchtrading service, I found it supplemented my own trading ideas, and helped me improve.
There are many different examples of Betfair football trading, this page is just the tip of the iceberg. Betfair are currently offering new customers a free matched bet, click here for more details, or too open an account.