Twitter is such a valuable resource and it’s changed the way the media operates. Many years ago you’d have to wait for the morning newspaper to find out the latest news and results. More recently it would be the six o’clock news. Nowadays news is released on the Internet within seconds of it happening, and more often than not, it is members of the general public posting the news on Twitter before journalists or news outlets have even had a chance to prepare their columns.
For sports bettors, having breaking news at your fingertips can be very advantageous, and an example of that happened over the weekend.
It was Friday night at around 7:30pm when news broke that Gary Ablett was going to be withdrawn from the Gold Coast side to play Brisbane the following night. The news was first leaked on Twitter. So what does a smart sports trader do when the best player in the league has been withdrawn from a match? He loads up on the opposition of course!
When the news broke, Brisbane were trading at $1.55 to defeat Gold Coast. This was the opportunity to load up, knowing that once the news was widespread, Brisbane were certainties to trade in. And that’s exactly what happened. Check out this graph:
Note the two spikes in volume at around the $1.55 mark where smart traders got on board. Brisbane were quickly into $1.40 before nudging into around $1.37 or so. That’s a significant drop and there was plenty of opportunity to capitalize on this with several agencies slow to adjust their fixed prices. It allowed us to back Brisbane at the $1.55 and then trade out at around $1.40 before the match for either a nice freeroll or a guaranteed profit:
For example, if Brisbane win:
$1,000 back bet on Brisbane at $1.55 = $550 win
$1,000 lay bet on Brisbane at $1.40 = $400 loss
So we're effectively freerolling Brisbane for a $150 win at absolutely zero risk (excluding commission). Or we could hedge and pick up around $90 profit regardless of the result. Again with zero risk. As you can see, the amounts don’t matter. We’re not actually risking the $1,000, as long as there is enough liquidity in the market for to trade.
Follow Before You Bet on Twitter as we will try to bring you opportunities like this the moment they happen, so that you too can get in early to take advantage of favourable trading situations such as this.
There is just one event left in the 2019 WSL Championship Tour as we head into the Pacific Ocean for the Pipe Masters held on the north shore of Oahu, Hawaii. The action gets underway this week and continues, weather permitting, through the weekend. read more
It's 2019 LONGINES Hong Kong International Races at Sha Tin this afternoon, featuring four huge international Group 1s! Check out our preview and betting tips for the day's feature races here! read more
The Werribee Cup headlines another big day of racing in Australia this Sunday. Luke Krahe has analysed the race as part of his preview, along with his best bets for Norwa, Hawkesbury and Werribee. Check out his preview here! read more
With Victoria's metropolitan meeting scheduled for Pakenham today, Rosehill will be our other meeting of focus alongside Perth's Kingston Town Classic meeting at Ascot. In Sydney, we've got nine races on the card so check out our preview and tips for every race here! read more
The 2019-20 Big Bash League season is set to be a thriller! Check out the full squads for the upcoming BBL09 here read more
In the third instalment of our Betfair instructional series, we take a look at understanding staking plans and how they can be used to stay in control of your bank roll read more
In our next strategy guide for the Betfair platform, we take a look at understanding how the Betfair markets work and what different types of backs and lays you can place with Betfair! read more
Unlike your ‘normal’ betting agency where it’s you versus the Bookmaker, Betfair is a peer-to-peer wagering platform. Betfair allow you to both ‘back’ and ‘lay’ bets, which gives you complete control and a totally unique betting experience. View how full guide to backing and laying here read more
It's another busy month ahead this December at Kayo Sports! Fans of all sports are covered on Kayo this month with live NBA, NFL, UFC, NBL, Soccer, Golf and Surfing, just to name a few! Check out the December highlights here. read more
The Melbourne Cup has transformed from the race that stops the nation into the race that stops the world in recent years, and Palmerbet are giving punters more bang for their buck with great odds on all Melbourne Cup runners this Monday! read more
The Melbourne Cup is known as the race that stops a nation, but is quickly becoming the race that stops the world! There's 42 horses left in contention for the 2019 Melbourne Cup, which will be held on the first Tuesday in November. Check out the latest betting odds for the race here! read more
Get fantastic odds of $4.50 for Te Akau Shark to finish in the top five in Saturday's Cox Plate thanks to Palmerbet. read more