Steamers and Drifters Explained

Steamers and Drifters Explained
By Bet or Trade in Horse Racing 3 months ago
A Steamer is defined as horse whose implied percentage chance of winning increases by 5%, or more, in the last two hours of betting. A Drifter is defined as horse whose implied percentage chance of winning decreases by 5%, or more, in the last two hours of betting.

Horse Racing Arbitrage Explained

Horse Racing Arbitrage Explained
By Bet or Trade in Horse Racing 3 months ago
Arbitrage isn’t about buying or selling anything, it’s about deciding whether the price of an item will increase or decrease and then taking advantage of the price movement. In this series, we take an in-depth look at horse racing arbitrage, with practical examples.

Daily Profit Target Setting Makes No Sense

Daily Profit Target Setting Makes No Sense
By Bet or Trade in Horse Racing 3 months ago
A number of people who bet on horses set themselves a daily profit target. When the target is reached, they cease betting for the day. The theory behind this is that the more bets that are placed, the more likely it is that a loss will be incurred. So, in order to retain the profit made on a given day, once the target is reached, betting for the day ceases.

The Art of Bookie Bashing

The Art of Bookie Bashing
By Bet or Trade in Horse Racing 3 months ago
These days, bookies will do anything to get new business. They will even offer cash incentives. Some bookies will even continue to offer cash incentives - just as long as you remain their customer. Here's how to take advantage and profit from their generosity.

How to Prepare for Technology Failure

How to Prepare for Technology Failure
By Bet or Trade in Horse Racing 3 months ago
Once upon a time, in order to place a bet, it was necessary to pay a visit to the offices of a bookmaker. Today, this has all changed and bets can now additionally be placed over the phone and via the Internet. However, with this convenience and new technology, there are also associated risks that could have strong financial implications if things go wrong. This article looks at how to prepare for possible technology failure.

Fail to Plan, Plan to Fail

Fail to Plan, Plan to Fail
By Bet or Trade in Horse Racing 3 months ago
Before betting for the day begins, it is worth spending a little time preparing for the day’s betting exploits. As the saying goes ‘If you fail to prepare then be prepared to fail.’ or words to that effect. In other words, a plan or strategy for the day should be created. All that is then needed is to follow the plan. In this way, there are no decisions to make in the heat of the moment.

Horse Racing Systems, Methods and Filters

Horse Racing Systems, Methods and Filters
By Bet or Trade in Horse Racing 3 months ago
In this article we look at the concept of horse racing systems, methods and filters. We also aim to explain exactly what a system, method and filter is. The article is relatively old, but the concept remains valid and makes interesting reading.

A Valuable Insight into Loss Retrieval for Layers

A Valuable Insight into Loss Retrieval for Layers
By Bet or Trade in Horse Racing 3 months ago
In this article we look at the implications of loss recovery when laying horses to lose on betting exchanges. This is an old article from the previously published Bet or Trade website in 2008, and the author is unknown, however the principles are just as valid today as they were then and it makes interesting reading.