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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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