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Welcome to the weekly series of Winning Edge Investments tutorials
Designed to improve your punting knowledge and maximise your returns
by providing real, unbiased, practical information.
THE POWER OF BETFAIR
We've written ad-nauseum about the importance of using Betfair, and the best way to illustrate this is with examples. While it's from some time ago, a good example is a series of winners we had on the Dean's Tips service in late 2016. These winners are a really good example of why we continue to advocate the use of Betfair for all punters.
Let's take a look at that series of four winners:
- ALL THAT IS (October 3rd 2016): Official Price Recorded: $6.30, Best Tote Price: $7.10. Betfair Traded Price: Between $7 and $9 (all during the last 5 mins of betting).
- HAVANA CIGAR (October 3rd 2016): Official Price Recorded: $41, Best Tote Price: $42, Betfair Traded Price: Between $50 and $80 (all during the last 5 mins of betting).
- BALROV (October 2nd 2016): Official Price Recorded: $23, Best Tote Price: $19.30, Betfair Traded Price: Between $80 and $120 during the last 20 mins of betting, and $34 to $42 during the last 10 mins of betting.
- JOPA (October 1st 2016): Official Price Recorded: $18.10, Best Tote Price: $22.30, Betfair Traded Price: Between $30 and $38 during the last 5 mins of betting.
In addition to this, there was another great example when we got a 100/1 winner at Toowoomba.
- EMMADEE (March 12th 2017): Official Price Recorded: $101 Best Tote Price: $71.50 Betfair Traded Price: Between $430 and $560 during the last 5 mins of betting, Betfair SP $260.
Crazy Prices = Bigger Returns
Just a $10 bet on this horse on Betfair netted you up to $5,600, a $4,590 (or 45.9 unit) larger profit than simply backing the horse at 100/1 with the corporate bookies.
That's $560 about a 100/1 winner, $38 about a 17/1 winner, and $120 about a 22/1 winner. This clearly demonstrates the enormous opportunity available to greatly exceed official results, with just a little monitoring of prices during betting.
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