Betting on Steamers and Drifters on Betfair Has Nothing to Do With Irons Or Driftwood

Or is it a question of where. This method of betting on horses works by being able to back and lay the same horse. A betting exchange like Betfair is an ideal place to do this. For a horse who’s odds are shortening (steaming) the idea is to back when the odds are wider and lay the odds when they are shorter. The rule of thumb to make money by movement in the odds is to lay short odds and back longer odds. So, if the horse is drifting you lay when the odds are short and back after they lengthen. This is a type of betting arbitrage and locks in a small profit whatever the outcome. The profit is determined by the difference between the odds (back and lay) and the size of the stake.

I know, I know, this all sounds very easy when we are sitting in ivory towers, but what about the real world. There is skill to betting on steamers and drifters, which involves selecting in advance which horses will show these profitable characteristics.

If you are unfamiliar with Betfair it is worth taking sometime to get to know the website.

Here are 3 ways to find steamers and drifters. But first, a tip to aid you in the quest for spotting steamers or drifters. Get comfortable with Betfair and how the odds change before a race starts. Notice which horses have an imbalance of money backing or laying. Significantly more money backing a horse can be an indication that something has happened to improve the horse’s chances. Consequently other Betfair members may offer shorter odds, which can turn the horse into a steamer. The opposite is true for a horse who’s likelihood of winning reduces for some reason.

Ok, now for three tips for finding steamers or drifters.

The weather. If the whether changes un-expectantly or by more than what has been predicted the chance of certain horses performing well or badly can change dramatically. Let’s expand on this. The weather affects the state of the race track, known as ‘the going’. The condition of the track is tested by an official at the race track. They push a stick into the track to see the state of the earth. There are a range of classifications that are used; hard, firm, good to firm, good, good to soft, soft, and heavy. Some horses perform much better on certain surfaces than others. For example, if ‘the going’ is good it suits a horse that has speed. If the ground is less than good (good to soft, soft and heavy) then a horse with stamina will perform better.

If the weather forecast foretells that the going will be good the favourite will be a horse with speed. If you have a more reliable weather forecast or you have information about a change of conditions as they happen you can back or lay the horse before its odds change.

Imagine there is unexpected rain or more than expected. If a horse is favourite because it has speed it’s odds will lengthen significantly (drift), and a horse’s odds who has stamina will shorten (steam). In this example you would lay the favourite to lose at short odds. Then back the horse to when after the odds have drifted. The same works in reverse for the horse with stamina who’s odds will steam. This is just one example of how a change in weather can produce steamer and drifters.

The rider. A change of Jockey can produce a steamer or drifter. If a jockey is injured, then the horse is allocated another jockey. As you might expect an experienced jockey will perform better than a jockey who hasn’t had as many races or good performances. The odds will drift (lengthen) if a jockey is replaced by one with less experience. The odds will steam (shorten) if a less experienced jockey is replaced by one who has had better performances.

The third and final method of finding drifters or steamers is to watch the horse closely before the race. During this time the horse will be warmed up by the trainer. It is possible for the horse to use up too much energy during the warm up. Tell tail signs of a horse that is expending too much energy before ‘the off’ are lots of sweat (actually loads of sweat caused by anxiety), rearing, and kicking the hind legs. You can not use this technique in isolation. A good knowledge of the horse and trainer is important. This makes it easier to spot abnormal behavior shown by the horse before the start.

A Simple Free Horse Laying System For Betfair

What’s the secret of a winning horse laying system for Betfair? There are hundreds of products for sale and so called Betfair gurus to tell you how to make money on Betfair but the basis of a winning system can actually be quite simple. Here I will describe the foundations of a winning horse laying system which you can adapt and experiment with.

The first thing we must look for when laying horses is that we have a maximum lay odds in mind to protect our betting bank. If we choose to lay horses simply on the basis that they are outsiders with little chance of winning on the day one does make it home first we will suffer! Imagine a laying strategy where we lay a 50 to 1 outsider every day. Inevitably one will win and we’ll pay the price for an over-simplistic approach!

Statistics tell us that around a third of favourites win their races. That means of course that two thirds of favourites lose their races! For me this makes the basis for a winning horse laying system. Favourites will of course generally have quite low odds and our betting bank won’t suffer too much when one does win.

There are many different types of horse races and by being selective about ones we bet on we can further improve our horse laying strike rate. Personally I avoid handicap races since in theory, if the handicapper has it right, all the horses are evenly matched. I also avoid races with only a small number of horses running – upwards of 8 is a good starting point.

There are many factors which determine which horse will be the favourite in a race. These include in form stables, trainers and jockeys and of course the horse’s recent race results. Here we have another strong indicator for a solid horse laying system – If the horse was second or third in its last race many punters will back it assuming it was just beaten and may win the next race. Often the race is a completely different affair – a different distance or class, more runners, better quality horses etc.

So to sum up my basis for a winning horse laying system for Betfair –

1) Don’t be afraid to lay favourites in the right circumstances

2) Avoid handicap races and big race meetings

3) Look for indicators there may be a false favourite – for example, was the favourite just beaten last time out but conditions today are entirely different

In spite of all the hype out there and talk of Betfair loopholes and secrets it is possible to make money on Betfair with a sensible horse laying system.

Betfair Espionage Review

Can you really beat the bookies at their own game with the Betfair Espionage system? Kris Jackman, the owner of this horse betting system, claims that he has been able to make more than £2,000 minimum every day using the methods he reveals in this new guide. It got me really curious to find out more about what he was doing, but I was also concerned about how much time he was spending to make the type of income he talks about.

1. Is the Betfair Espionage System Worth Using?

Even though I have seen several horse betting strategies that could make money, many of them simply consumed too much time to use, and the profits earned was not worth spending the time to earn it. This system by Kris Jackman focuses on the trading aspect on betting exchanges rather than straight backing and laying methods.

This has proven to be much more profitable and less risky, consistently generating me profit every week. Having tested it over several weeks, I have managed to increase my betting capital every week even though not every day was profitable. It also took a reasonable amount of time to find selections which made it well worth the time to use.

2. What is the Betfair Espionage System by Kris Jackman All About?

His method is about finding horse selections and making trades on them based on analysis that helps predict reliably their price odds movement in the short term. Even though I had thought I knew a lot about trading on a betting exchange already, Kris has revealed many more surprising facts and secrets of Betfair trading that most never knew or thought about before.

3. How Much Knowledge Do You Need to Have Before You Can Profit Using Betfair Espionage?

The first few sections of the guide is catered to complete novices as it explains everything about bet trading in detail. Even though experienced punters may feel that they can skip this part, I would highly recommend all users to read Kris’s perspective on betting trading as it has been very helpful for me.