Firstly I will assume that you have some knowledge of odds and betting put please forgive me if I explain some aspects in very simple manner as some of it may be unfamiliar to some readers. If anything puzzles you then you will be given my direct email address at the end of this tutorial. 

There is a video link below that takes you through a 'live' example of me using the system. 

Before we begin our tutorial you will need a few basics.  

Please use the links at the left hand side of the page. There is currently over £300 in free bets awaiting you but bookmark the site and check back regularly as new ones are being added all the time. Get those accounts open and in an hour from now you can be winning.

Once you have your accounts open and funded you are ready to begin 'bets that can't lose'

Our system works by taking advantage of the differences in odds offered by traditional bookies and betting exchanges like Betfair where is possible both to ‘back’ a horse in the traditional way and also ‘lay’ against it, i.e. bet that it will lose. 

Because of the very different way that Betfair operates there are often wide variations in the available prices and we use these to our advantage. 

Firstly we will talk only in decimal odds, these are very easy to understand. In traditional fractional odds if you stake £10 on a horse at 2/1 you get thirty pounds back if it wins, i.e. £20 winnings plus your £10 stake. In decimal odds the price stated is the amount you get back including your stake so the same bet in decimal would be 3.0.

If you stake £10 on a winner at 7.6 then you have a profit of £66, simple as that. 

Odds on Betfair move very rapidly in real time response to actual bets placed into the market and can often expose holes where you can lay a horse at a lower price than you back it, in fact this happens many times each day and when it does you can lock your profit it. 

Let’s run through a typical day. 

The final hour before the race is when most opportunities arise, especially the last ten minutes before the off. 

The main site we are going to use is http://www.oddschecker.com/where you will find real time prices for each race as follows:

If you click on the tab marked ‘Enhanced Odds’ you will see that a small number of bookmakers are offering slightly better odds in the win only market and it is often here where we make our money. These are the main 4 bookies which we recommended that you open accounts with earlier.

Now you will see that odds from Betfair are also included but I advise you to use the odds direct from the Betfair site for this, as the updating at oddschecker.com isn’t always able to keep up with the speed of Betfair. 

I do this using a free piece of software  ‘Bet Angel Basic’ which allows real time updating and one click betting into the Betfair market. There is a much better subscription only version but for now the free version is fine. You can obtain it from http://www.betangel.com/products/BA/bab.htm

 Ok. Let’s look at a real time example of 'bets that can't lose'

Here I have overlaid the Betfair prices against those from oddschecker and immediately an opportunity presents itself. You can see that here the second horse down the list ‘This one’s for Pat’ is available to back with Bet365 at 8.0 but on Betfair I can lay the horse at only 7.2 

So let’s use £100 stakes for ease of maths. I bet the horse £100 at 8.0 standing to make £700 profit if it wins. I then lay it at Betfair with the same stake, £100 at 7.2 which means I stand to lose £620 if it wins. 

So if the horse wins I win £700 at Bet 365 and lose £620 at Betfair a profit of £80, if the horse loses I lose a hundred at Bet365 but win a hundred at Betfair. Evens! 

NOTE:- ALWAYS place the bet with the traditional bookie before the Betfair one as the odds can change against you and leave you exposed, with Betfair if there is sufficient liquidity you will always get the bet on. A little tip with Betfair, if the odds on your ‘lay’ horse are say 13.00 try laying at 11.00 or 12.00 you’ll nearly always get some of your stake matched and that means extra profit. 

So essentially if the horse loses I have had a free bet. However there is a problem, I haven’t made a profit and Betfair charge a 5% commission so I would lose £5 and that is not what we are about. 

One way around this is to increase the lay stake by 5%. Bet £100 with Bet365 and lay £105. 

That reduces our profit if the horse wins to £49 but it means that we break even if it loses. If I fancied the horse to win I might leave it at that and let the bet run. 

However there is a better way to lock in profit. 

For ease of maths let’s say the odds were 8.0 at Bet 365 and 7.0 at Betfair, not an especially big difference but common enough. 

If we bet £100 at 8.0 and lay £100 at 7.0 we have a theoretical profit of £100 if the horse wins but nothing if it loses so we take some of that money and effectively bet that the horse will not win by laying it again. 

Bet Angel professional will do this calculation for you and even up the profit no matter which horse wins but and easy way of calculating the amount to lay is to divide the profit if the horse wins by the lay odds in this case 100/7 or 14.28. 

So we would now lay our horse with £14.28 so we now have £100 wagered on the horse to win at 8.00 a profit of £700 if it wins and we have £114.8 laid that it will lose at 7.00 which means we would pay out £685.68 if it wins. 

So if the horse wins we win £14.32 and if it loses we win £14.28 minus Betfair commission of around £5.70 depending on your personal commission rate. 

That doesn’t seem like a vast amount but consider that there was never at any time risk to your stake money and you can repeat the exercise several times a day limited only by your available funds. Sometimes the differences in odds have been staggering I have seen 100 on the bookmaker side and 40 at Betfair, this stems from the fact that because of the nature of Betfair their odds move very rapidly are very often way out of line with the traditional bookmaker. In our favour! 

As a guide line there needs to be at least a 5% difference in the prices to offset the Bet fair commission and of course when the horse wins which sometimes it will you don’t have commission to worry about.

In our example here we only used a small difference in odds to generate a working profit which can be repeated many times each day, sometimes you will get major difference in prices especially if you watch Betfair and see a price tumbling in the last few minutes before the off. 

I would suggest that you paper trade for a few races before committing and when you are confident you have the hang then trade with small stakes but be mindful that there is a £2 min stake to Betfair so you need to ensure you are not trying to lay small amounts than this.   

You may need to read and reread the above with Oddschecker and Betfair up on your screen to fully get the hang of this powerful moneymaking system

Before long you will be happily trading 'bets that can't lose'.

  *************Important************

When I first made these betting strategies available I had to cope with over 100 emails in one weekend, mostly silly questions that could have been answered by re-reading the above. I have now had to make a ruling that I will ONLY answer queries from people who have opened their accounts with links from this page and claimed their free bets so I get my few pennies commission. You can email me at my private email address here Ken@kcenterprises.info but I regret that unless your name appears on my online statement for at least Betfair and one other bookie I can't guarantee you a reply.