Using that little bit of horse racing knowledge enabled a profit of £21. Discover strategies and tips to help you become a successful trader and maximize your profits. Some $12bn was bet on horse races in the US in 2021, according to the Jockey Club, a thoroughbred industry group. This resulted in a strike rate of about 85%. Beginners guide to scalping [Video Post] Swing trading: £40. 0 or lower, you lay the selection to go all green. 5 and wait for it to be matched, if the market moves in that direction. The * expresses a win, or at the very least a 1. As more news outlets cover the news, there would be more price movement, and you would be in good profits. In fact, they are up to several sections behind the action. No matter what you’re trading, be it tennis, horse racing or football. 70 with £42. Trading with a trend is where you follow market movers on the. Here are some of the examples of using this strategy:The aforementioned scenario of laying and backing a horse at odds of 2. Pre-Race Trading Guide - this Betfair scalping example that made £33. FormGenie is a computer program that generates horseracing tips. Post navigation. . For more information about Geeks Toy and how to use it, check out this post. Part 2: In-Play Horse Trading. 00:00:00 Profitable horse racing trading strategy on Sports. The researchers say the approach could be used to identify customized pacing plans that, in theory, would optimize individual horses' chances of winning. 5ht in 35′ when the score is 0-0 or 1-0/0-1. Trend trading in horse racing. 3 Horse Racing Trading Strategies; SCALPING: A Beginners Guide; Matched Betting Tips; 3 Tennis Trading Strategies; £400 Bank 3 Day Challenge; 4 Football Trading Strategies; 6 Full-Time Traders: 3 Questions; 5 Stages: Trading For A LivingThe key lies in knowing when to tune in and what to look for, all while keeping your overall trading strategy in mind. Another important. Website ‣ guide to my approach to trading horses 'in-running'. Opposing (The Right) Short-Priced Favourites. T&Cs Apply. Approaches: Laying the halftime draw. 0 horse that should be priced at 2. The aim of a Dob (double or bust) bet is to make a profit that is even to your stake essentially. This article follows on from part 1 of this series of blogs on the popular Betfair Trading strategy of Scalping. 3, once the game goes in-play and it’s 0-0 the market has to get to 1000. As a punter, if you like to wager bets on horses at a big price you should check the list of best bookmakers for E/W bets online. For customers in the UK, TSE Malta LP is licensed and regulated by the Gambling Commission, Licence Number: 000-039561-R-319411-005. Every racehorse has different capabilities. This can be done by placing the counter-bet ahead of time or manually whilst watching the race. The second section will deal with trading techniques that are more suited to when the horses are actually running. However, this is something that you don’t have to worry about with pre-match trading. As you can see, in 10 of 15 different scores, you win about 50% of your stake. My name is Carl and I have been successfully trading Betfair's Horse Racing In-Play Markets since 2014. 5 will mean risking £150 to win £100, which is the same as backing a selection at 1. These are the types of bets that you want to be on for a number of reasons. Public Full-text. Horse Racing Tips Australia provides premium horse racing tips covering every race run in Australia everyday 365 days a year and you. 0 and when it trades 7. Betfair Trading – Scalping – Explained Part 2/3. However, there are pros and cons to both. One of the simpler strategies that Caan Berry uses is to identify strong front runners in a race and look to profit from them taking a prominent position early on in a race. Welcome to the exciting world of horse trading on Betfair, a platform that has revolutionized the way we bet and trade on horse racing. There are also very helpful tips about bankroll management and trading hacks you can use to make money on the horse racing markets. Scalping. Scalping is a popular and fast-paced trading strategy used by many punters in the UK horse racing market. 8 to 8. Look at the matched bets on the right-hand side of the image. More Winnings. If you don’t know what it means, dob means double or bust! Double or bust can sound like a mug tactic when first heard, but this is a very popular strategy for a reason. In-play trading – Exploiting weak spots. Swing Trading. Jockey Uplift – Jockey ranked better than recent riders of horse. Dutching. This means the total volume matched will be £20 at 2. Especially in two-year-old races flat racing. For example, a football market will contain very different behaviours to that of a horse racing market r greyhound market. Help is always at hand if needed. You will get a complete beginners guide to very best s. Betfair scalping is a popular trading strategy among those interested in horse-racing markets but, for the uninitiated at least, it needs to be explained before you can get the most out of it. Focusing on a simple strategy such as Betfair scalping to trade your first horse race is wise. When you consider that a single directional scalp of £200 is worth around £4-5 per tick at a price range of 4. First off we look for a horse that is a close back and lay price at a BOG (Best Odds Guaranteed) bookmaker (back) and low commission exchange (lay). an over-round is the combined total of priced probability across all outcomes on a single event. 3. 56, which balances out your liability and locks in a profit. Discover the world's research. The handicapper will then give the horse a penalty of 3, 5 or 7 pounds. This strategy is potentially the simplest one. Before the race starts, you close your position. Unlike the Horse Racing markets where you can place many more trades and act intuitively. 5ht while it’s still 0-0. Pro gamblers are said to put a massive amount of work into answering the going question. 5 presents enormous value, though, as the. Green – after the scheduled race time. Bet #2 – Lay Under 2. When you’re confident, it’s possible to use far larger stakes than some. Sports trading allows different trading approaches, especially for traders ready to stake huge amounts. And this strategy is based on you assessing whether the odds on the favourite are too low. This post will discuss popular horse betting techniques for online punters. 9%. Recent Winner. The task here is to place a LAY bet on the favourite of the race – the favourite being the horse with the lowest odds to win. ) The majority of one’s capital must be allocated to. Key features include: WATCH LIVE RACING & RACE REPLAYS - from UK and Irish. Where you can be in and out of the markets in minutes. Due to the nature of the game, and all the court-siders, it’s easier for the big boys to model. The calculation for matched volume goes something like this: If I was to place a £10 back bet at 2. Trading over 2. 50 profit scalping a horse race in under 3 minute. 30am is the first real opportunity to open a trade. For example, in a race with 8 runners, you can get paid for finishing in the top three. This method is the fastest and easiest way to consistent profits from UK (and Australian) horse racing. When you get a close finish in a race, sometimes 3 or more horses all trade at very low odds (well below 2. For the purposes of this example, the commission has been eliminated to make. Laying a 2. By focusing on just one betting style means that I have picked up a number of tips and tricks which increase the strike rate and keep the profits rolling in. Horse Racing Dutching Strategy is a famous betting strategy used to maximise winning chances for maximum profits. Lay betting is one of those interesting horse racing betting strategies that can allow for a higher win probability (when employed correctly). Different bet types – So many to choose from. Having an interest in the sport is going to help you maintain your interest in trading, as noted before, becoming consistently profitable will take time. Harry TheTrader 19 Aug 2022 2 minutes. As the very. That means that on a race turning over a total of £500k at least £100k will be bet after the off. From the Geeks Toy forums to his website/blog Caan has been writing about horse racing trading for. Most of the action happens in the final 10 minutes, so this will give you a few minutes to settle in before it gets busy. The horse racing community has been using quantitative data to develop betting algorithms for decades. This article continues on from another article where we introduced the concept of the Betfair trading strategy this is trading order flow. 3: Double break profits. 50 but we stand to make £10 profit if the match ends in a win from either side. Below is a list of V2 Bot add-ons:. In today’s article, we have covered two of the best pre-race trading strategies to use for horse racing in 2022. Whether you’re a seasoned punter or new to horse racing betting, our longshot tips can help. 0, and somebody else was to log in to the betting exchange and lay my £10 back bet at 2. Selection isn’t quite so fast, ruling out ‘maybe trades’ is vital. One horse racing system that has done exceptionally well from laying favourites is Little Acorns. You may also see forward slashes and hyphens within these numbers. Using a variety of different Betfair trading strategies to profit from the horse racing markets. Find out more by reading this recent article about Betfair trading for beginners. This approach has long been known in horse racing trading, however, the approach also applies to correct score markets. It shows. Horse Racing Trading Strategies. A plan of action designed to achieve a long-term or overall aim. Last updated: May 4, 2023. The 80/20 System. Smarkets is a. In the summer there is evening racing so if you want to trade. . The expectation is that the odds will shorten to reflect that of the market average making an opportunity to profit by trading the odds. Bookmakers set their odds so as they are assured to win a certain percentage each race, called the vigorish, or “vig” for short. Watch the below video explaining Betfair Scalping as 1 of 3 strategies;The handicapper’s job is to assess a horse based on running history. Laying the draw after 60+ minutes (late lay the draw strategy). Step One:American Horse Racing Trading Strategy: Adjusting your strategy for the US horse racing markets is crucial. After years of trading, you slowly build up a large collection of strategies that you can use in the. If this bet was matched, I could then place a back bet of £50 (a bet that the horse will win) at odds of 8. Long before betting exchanges like. Back favourite strategy is also used in system bets. Watch a real life demo, get the. Join for free. 30) and also events in which there are a. If you’ve not yet seen part one you can read it here. The task here is to place a LAY bet on the favourite of the race – the favourite being the horse with the lowest odds to win. When building an in-play. Horse Racing Dutching Strategy is a famous betting strategy used to maximise winning chances for maximum profits. . You are examing the betting markets on the Betfair exchange and trying to understand which ones are most likely to throw off the most favourable trading characteristics. It involves two separate bets, one to win and one to remember. Results : Trading pre-race on Betfair horse racing markets. 5, with no bets being matched outside this range. However, if the horse wins, you'll owe £40 (5. Make. With these strategies, you will be raking in tons of cash from both short-term and long-term profits. Most of the time this command will be. Lay betting is one of those interesting horse racing betting strategies that can allow for a higher win probability (when employed correctly). Horse Racing Trading: A Unique Betting Strategy. A crossover point is where the incremental values change within the betting market. What are the key rules to be aware of? Horse racing is fairly simple in terms of results, like any race the quickest horse to get to the finish line (or post as it is referred. step 1. Last updated: May 4, 2023. Summary Of This In-Play Strategy: The "Bad Start Comeback" strategy is an excellent entry point for beginner traders for a number of reasons: In-Play Racing Trading on Betfair. Value considerations are different when you look at laying horses as the profit will sometimes be less than your “stake”. What is Betfair Trading? 1 How to start trading on Betfair Exchange 2 Scalping 3 Hedging 4 Swing Trading 5 Cross-Market Trading 6 Dutching 7 Football. Focusing on a simple strategy such as Betfair scalping to trade your first horse race is wise. When betting in running, this is extremely. This is usually done by implementing a horse racing betting strategy called “arbitrage betting”. Dutch a market by Betting or Laying more than one runner, or Hedge the odds by Betting High and Laying Low on the same selection. 76 to get $100 back. Then the lay odds are usually at about 1. Sports trading allows different trading approaches, especially for traders ready to stake huge amounts. Many Apps offer a free trial – try before you buy. Join us as we unravel the secrets of how ground condit. – Handicap. During those years, I traded millions in horse racing markets and gained experience that helped me make a move to stock and forex trading. Harry TheTrader 19 Aug 2022 2 minutes. Here are a few guides to get you going: Horse Race Value Betting – A Beginners Guide; What Is Scalping In Horse Racing + Real Example; 2 Simple Horse Racing Scalping TechniquesMaybe the second favourite is running loose on the course, having shipped its jockey on the way to the start. The Unlikely Underdog – 0-1 After 70 mins. Know your entry and exit points and understand what scenarios could lead to profit or loss. What are the best horse racing trading strategies? Horse race trading is all about knowing how to make the best out of opportunities. Though these two sports are quite similar, they also have their differences. £18,761 in traded volumeMoving on to the most complex horse racing systems, trading is a fairly involved process that needs you to be alert and to take advantage of changing markets and prices. Patent on selections 4, 5, and 6 (another 7 bets: 3 singles, 3 doubles, and a treble). 5 - Back the Beaten Favourite. However, with careful management and good decision making, the "Bad Start Comeback" strategy can be a profitable way to bet on horse racing in-play. Susquehanna’s sports. . As you can see, it only takes seconds to make a profit on Betfair when you use the right process and place the trades at the right time. 0 4/1 for £10 and lay it back at 2. It works on the majority of races and you’re risk-exposure is. A key thing in the 2nd favourite strategy is research. 4. Extremely simple to use. However, the idea of this trading strategy still sounds foreign to many punters. The first show is quite simply, the price available to punters, on course, 10 minutes before the off. 02. 5 and 6. At this point, your potential profit or loss depends on the number of bets that will match in-running. . Alex Taub, a tech start-up founder in Miami, has purchased 48 of them. The risk on this bet is £100, so essentially by trading out at 5. Typically that middle period of activity starts a lot later. 50 on horse B. The “first show” in horse racing is seldom talked about. It’s simple, you either double your stake, or go. The “first show” in horse racing is seldom talked about. Setting a budget – A crucial starting point. DOB Tab – Highlighting those horse that have dobbed the most previously. Hindsight is always an easy thing, but there’s a lot of good opportunity to trade Aussie horse racing. System. Typically you’ll manage to get the quickest stream you can with Bet365 and Betfair live video. The most important thing we have to do is to find a race in which the two highest-placed horses have an excellent series of victories. Horse Racing Trading Laying Horses Strategy Explained [4 Expert Tips Included] 12 Jan 2022 Horse Racing Trading Lay the Field System Explained in Details 10 Jan 2022 Horse Racing Trading Laying 3rd favourites on lay system 17 Dec 2021 If you’re in search of a trading opportunity on Betfair that demands minimal effort on your part yet promises substantial returns, Spartan Trading Tips is undoubtedly the way to go. 1. Place: Bet on a horse to finish first or second. This sports trading strategy of placing a back bet is a set and forget strategy. This is one of the most profitable Betfair trading strategies for horse racing. I was taught by many successful Betfair traders over the years and I have come up with my own profitable in-play betting strategies. Unsurprisingly, this goes hand in hand with being the most difficult trading discipline. Lay Low Odds. In this video, I will show you a simple back bet live on screen. YouTube Video Here. Tools You Will Need to Trade/Bet on Horses. In-play betting or trading is driven by how horses prefer to run and also other characteristics, which we will discuss in a second. . Here we explain them to you and talk about why they are so comm. Below is a screenshot from Smarkets showing a race card. – 5F, 6, 7 or 8F. 0 – 3. – 8 or more runners. 0 or above the price movements are in degrees of . We hope you enjoy the videos!They come from experts and would go a long way in making your system successful. My suggestion would be to start with a sport that you understand and have an interest in. Domestic cricket is usually split in to the following four categories. Betfair bots have the main purpose to execute these odds scannings. It helps you override that internal voice mentioned back at tip 6. There are several horse racing trading strategies that we could use, but these markets aren’t robust enough for short-lived trading. This will increase your chances because you will win if any of those selections wins. I will explain what it is, how it works, and some of the most successful strategies to enable you to earn impressive profits on the in-play betting exchange, meanwhile enjoying some live top class horse racing from the comfort. Horse racing, with its myriad variables from the form of the horse to. To make use of this strategy, you should analyze the horse’s past performance. Win. Betfair Charges Betfair Premium Charge Premium Charge. Remember, in pre-race horse market trading, knowledge is power. A key thing in the 2nd favourite strategy is research. Trading without a plan is akin to sailing without a compass—you're likely to drift aimlessly and make impulsive decisions, which can make it feel like the market is always. Large horse racing events like Cheltenham can be particularly lucrative, but watch out for the all-weather stuff (it can be more dangerous). The potential payout versus liability is a unique facet of laying, making the staking strategy all the more crucial. There are many reasons this strategy is so appealing to traders. Learn the basics of Backing & Laying. 2. Trading is the simple process of backing at higher prices than you lay at and netting a profit. The first strategy is to play a LAY bet at very low odds, such as in the 30th-minute LAY under 1. g. Bet 2 wins => you win 100 (the amount of stakes you layed) You break even overall. You may want to visit Betfair Trading system prepared by Caan Berry who produces Best Selling Betfair Training Systems including Betfair Scalping technique etc. Remember, you’ll want to multiply everything within the parenthesis first and then add them together. We just want to create a structure that will allow us to trade effectively. Around 20-30% of total turnover on racing is performed in running. Most read stories. You may have also seen him on the Betfair homepage or as a guest speaker at the annual Matchbook Traders Conference. The trend is stronger than the resistance line, so in many cases this triangle will be a sign of an uptrend, more rarely – a downtrend. With our longshot tips, you’ll receive the best betting advice and insights to help you make more informed decisions. It’s not often that the market moves a lot before kick-off, meaning that you’re only searching for a handful of ticks. Steamers are the opposite of drifters. 1. The strategy is to try to find a horse closely priced between the SkyBet prices and the Betfair prices, then go back with SkyBet and “lay off” the bet with Betfair. And you’ve probably placed a horse-racing bet on the place markets. For example, if you’re trading pre-race, horse racing markets, you may want to focus on trading the live shows within the last ten minutes before each horse race. . Perhaps the added control and dynamic aspect of horse racing trading appeal more to you. Speaking broadly, Dutching is a viable betting strategy on the betting exchanges now as the book overround is so small. Chapter Six: 5 Huge Horse Racing Myths Busted, Once and For All Myth # 1: In the Long Term the Bookmaker and Racetracks Always Win 62 Myth # 2: If You Start Betting Big, No One Will Take Your Bets 63 Myth # 3: You Need to Be at the Tracks and Have Inside Info to Win 64 Myth # 4: Racing Tipsters Showing Remarkable Results Should be Used 65Today I will share a simple but effective trading method that can be profitable if executed at the right time on the right horses. Through betting exchanges, punters can oppose individual horses via the ‘Lay’ button. What is scalping in horse racing. It is a strategy for earning from horses through wagering on them to win and get a place on the betting exchange. 1. Trading in-play; Sequential Lay Betting; Hedging ; Different lay bets are best used in different sports. Horse racing betting is a much more straight forward method of wagering than trading. In a scalping strategy, the trader tries to catch small price movements and make money from them. Recent Winner. Again, making use of past performance analysis, you will bet on horses that have the most recent past wins. Even though there are many horse racing trading strategies out there, it’s hard to find good strategies that you can trade easily and profitably. If you want to use this horse race betting strategy, you will need to bet 20% on the horse that will win the race and 80% on the same horse to finish. Different bet types – So many to choose from. For the greyhound market, very limited risks are needed to make big earnings. No delay on bet submissions (Live markets have. 0. 2 Search for the best App for you by using the filters or search bar. When the odds on Betfair are 3. A simple, effective trading strategy that has been profitable for many traders over the years, is backing/laying a horse before the race, with a view to exiting the trade at a bigger/shorter price In Running (IR) to make a profit. 0 pre-race is an example of swing trading. There are different types of in-running bets: Back-to-lay – This method involves backing a horse pre-race and then laying it in running at lower odds to guarantee a profit. By carefully analyzing the probabilities and comparing them with the odds offered by bookmakers, you can identify horses with higher potential payouts and place bets on them. 5ht or 2. It is more complicated than just betting outright on a horse. Look for a horse that has a reasonable chance of winning based on its form. Horse racing handicapping is an art that combines analysis, strategy, and a deep understanding of the sport. In this video, I will show you a simple back bet live on screen. We are also not going to define the amount of money that we will to make. 1 - The 60 Seconds Sniper Indicator. After all, every trader’s job is to fit in with the current setting and steal some value for themselves. 58 per month, which is extremely reasonable when you consider the amount of work that has gone into it. By July 2010 he had taken the leap into full-time trading. Bookmakers offering live in play horse racing betting tend to cut a well-fancied horse for no reason as soon as the race begins. Horses For Courses – Good record at the track. It works on the majority of races and you’re risk-exposure is. Little Acorns. How To Trade Greyhounds On Betfair: Video Strategy. In addition, I have traded stocks and futures in financial markets at a propriety trading. For example, the odds after 30 minutes for a LAY under 1. A set of principles or procedures according to which something is done; an organized scheme or method. Our free horse racing tipsters offer an array of tips and picks across a range of different betting types — here’s a rundown of the most common. Dutching is a strategy where you bet on multiple horses in a race to increase your chances of winning. 08. . So this should, in principle, lead to more successful bets and, as a result, more frequent betting returns. 00 in running, we are securing an even money winner. This works well for horses who often travel well and/or race prominently. Another horse racing betting strategy involves a more general method that can be applied to many betting opportunities. No. Horse Racing Trading on Betfair Exchange Many Betfair traders choose to trade specifically in horse racing because horse races take place very often and there is a lot of money involved. Dobbing means ‘Double or Bust’. Horse Racing Trading Laying Horses Strategy Explained [4 Expert Tips Included] 12 Jan 2022 Horse Racing Trading Lay the Field System Explained in Details 10 Jan 2022 Horse Racing Trading Laying 3rd favourites on lay system 17 Dec 2021On this day, however, he was on his way to Sportsman’s Park, a horse racing track built by Al Capone on the outskirts of Chicago, with a few friends and $250,000 in rolled up hundred-dollar. Betting markets operate to 100% over-round on Betfair because of the cross-matching algorithm. In this article, you will discover six horse racing betting strategies that work. 3+ billion citations. 3 Horse Racing Trading Strategies; SCALPING: A Beginners Guide; Matched Betting Tips; 3 Tennis Trading Strategies; £400 Bank 3 Day Challenge; 4 Football Trading Strategies; 6 Full-Time Traders: 3 Questions; 5 Stages: Trading For A LivingThis can also be a great time to look back at your horse racing trading strategies and assess whether they can be improved and tweaked a bit to become even better! If you are not sure where to look or how to start it, I have covered a lot of it here on my start guide to trading the horses check it out here:. Discover strategies and tips to help you become a successful trader and maximize your profits. gets good results at minimal risk. Betfair is the most popular sports betting exchange and is most likely where you will start your trading adventure, so there is a Betfair interface explained below. Warning Horse – Potentially bad value. In other words, positive EV means that the bet is expected to be profitable in the long run as variance plays out. – No clear fav. Apply the 3rd Favourites lay system to race with at least eight starters: It is best to apply this system to races with more horses. Steamers are the opposite of drifters. Furthermore, this trading strategy is quite scaleable. Choosing the favorite when going into a race is an approach that seems obvious to most, and yet still cannot be ignored, as the favorites in horse racing win roughly a third of the time. Correspondence Address: Triq il-Kappillan Mifsud, St. Buy The National Hunt Lay System For Only £19. Add new comment. 00 at £10. 5 @ 1. It’s impossible to get 100%, but you can go up to 99. Trading would also allow you to see the sport in a better light; the fast pace, action, and excitement alongside the rapid price movement are electrifying. It is a well known strategy and probably one of the oldest and most common Tennis Trading strategies around. FormGenie predicts winners of horse racing with remarkable accuracy with the top-rated winning over 40%. By Support Staff November 11, 2020 Betting Explanations. Chapter 1 - Betfair and Horse Racing; Chapter 2 - Setting Up Betfair & BetAngel; Chapter 3 - Foundational Trading Concepts;. By Caan January 31, 2011 Betfair, Betting Explanations, Horse Racing. 0 and 4. 20 minutes before the start of the race place your back bet with the aim of laying off at lower odds just before the race to create. In addition, I have traded stocks and futures in financial markets at a propriety trading. Pre-race trading has several advantages over other strategies! Allows multiple approaches (Swing trading, scalping, short-term trading, long-term trading). @John-Folan Lovely! I was thinking about not automating it, mainly as a way of showing a video on this strategy and how it could be found in the horses to be honest. For example; if the horse is now trading 2/1 and you have backed it at 3/1 – you have an excellent value bet. A front-running horse’s price will typically contract in-play, due to its running style. Here is my complete guide to trading 'In Running' on Betfair horse racing markets. This decides the horse’s official racing (seen as OR on race cards). For example; if the horse is now trading 2/1 and you have backed it at 3/1 – you have an excellent value bet. For those who are Betfair scalping, there’s more scope to start earlier. Liability is £8. Pre-Race Trading Guide - this Betfair scalping example that made £33. This is usually done by implementing a horse racing betting strategy called “arbitrage betting”. After this, ratings are adjusted in line with performance. Value betting is part of 6 beginner friendly trading strategies you can use as a beginner. What Trading Strategies To Use? Again this is massively variable depending on your own personal interest. However, it is the easy access to horse racing trading strategies that has really made the difference. Allows traders to place pre-race and inplay trades. Featured on Betfair Learning, Betdaq Tips, BBC Radio 4, and in 2014 was featured by Betfair for their ‘pro traders’ campaign. Scalping is a short-term trading strategy that focuses on making small profits from minor price movements in the betting market. If you are interested in learning how to trade horse racing on Betfair then this is the video for you. You can get into a position with pre-race trading as soon as possible. In Running Comments – confirm your thoughts on each horse for any run by seeing the in running comments in full for every run. Exacta: Pick the first and second horses in exact order. The Caan Berry Trader guide is an excellent resource for anyone looking to start trading the horse markets or for someone that is currently struggling to get to grips. Of all the horse racing trading strategies (pre-race), this one gets people excited. 50 on horse A and £7. You can lay off your £100 stake at odds of 5/1 (Bet 2) If the horse loses: Bet 1 loses => you lose 100. One of the simpler strategies that Caan Berry uses is to. 0 eventually unless a goal is scored.