Welcome to the third instalment of our Betfair Strategy series. In our first two articles we went through the basics of the Betfair exchange, including understanding the markets and knowing the difference between backing and laying a bet. Click on the links below to check out the first two articles in the series.
Now that you’re familiar with the basics at Betfair, it’s time to move on to some plans and strategies that you may want to employ to make sure you’re giving yourself the best opportunity to succeed. First off, we’ll take you through some well-known staking plans that punters use to stay in control of their bank roll.
A really straight-forward staking plan is to use ‘level staking’. This simple method involves investing the same amount of capital on every wager you place. Most commonly, punters that utilise level staking will place 2-5% of their bankroll on every wager.
The ‘Martingale’ strategy for staking is one that is used by punters looking to recover funds from a losing wager, or as some would say, to ‘chase’ their losses. This method is used most commonly by casino regulars or punters that bet on markets that are a 50-50 chance (e.g. heads or tails). This staking strategy requires the punter to double their wager amount after every loss, so that the first win will recover all previous losses plus win a profit equal to the original stake.
Fibonacci Sequence Staking
A similar staking strategy to the Martingale is the Fibonacci Sequence Staking strategy. The key difference between the Fibonacci Sequence and the Martingale is that staking with the Fibonacci Sequence is determined by a sequence of numbers and the result of the previous wager. If the punter loses a bet, they move up one step on the sequence, and if they win, they move down two steps on the sequence.
Proportional and Percentage Staking
One of the simpler staking methods is the Proportional and Percentage Staking strategy. Punters using this method will invest a certain percent or proportion of their bankroll regardless of how big/small it may be. When your bankroll fluctuates the amount you stake will adjust accordingly.
This staking method is most commonly used in horse racing when a punter is interested in backing two or more runners. Dutch Staking involves diving your stake over a number of selections so that the same amount is won regardless of which of your runners wins.
The five staking methods listed above are the most commonly used and can each be effective in their own right when used correctly. That wraps up this week’s Betfair Strategy piece, but make sure to check back in regularly to see future instalments.
Another big day in the esports world this Saturday, the 4th of April with some great matchups taking place across the CS:GO and DOTA 2 platforms! We take a look at some of the key games of the day and give our betting tips here read more
16 NBA players will battle it out in a knockout tournament on the popular basketball video game, NBA 2K20 this Saturday morning. There are betting markets available for the tournament so here we are with a full preview and betting tips read more
Big weekend coming up in the world of League of Legends as the LEC and LCS Playoffs get underway. We will be bringing you extensive converage throughout the event, kicking off this Friday, the 3rd of April as we take a look at some of the key matchupts. read more
Over-Round is an important concept for both punters and sportsbooks. It's how Australian sportsbooks make money! All punters should understand over-round, how to spot it, and how to find better value on the Betfair Exchange. read more
Ever wondered why you can get such great odds at Betfair in comparison to other online bookmakers? We break down why that is the case and why Betfair isn't just for professional punters here read more
Lay betting is when you’re betting against an event to occur. You’re betting that a horse won’t win a race, a team won’t win a match or your player will lose to their opponent. Find out more about lay betting at Betfair right here. read more
Learn the importance of the Betfair exchange for both recreational and professional punters. In this article we take a closer look at how Betfair works and why it often offers a superior product to the traditional online sports betting operators. read more
2020 AFL Brownlow Medal predictions and vote tracker. Our AFL experts offer round-by-round Brownlow votes including a rolling Brownlow leaderboard and tracking for the 2020 AFL season. read more
The 2020 AFL season kicked off over the weekend, and although there was a little controversy and no crowds, there were still premiership points to be won, and Brownlow votes to be earned! Here's our game-by-game analysis and Brownlow Medal vote predictions for Round 1 of the 2020 AFL season. read more
The 2020 NRL season is set to be a cracker with plenty of teams in the mix for the Premiership. As usual, we will be bringing you a weekly updated look at the NRL Premiership odds here read more
The AFL 2020 season is set to be a bit of a roller-coaster that will no doubt be put on hold at some point throughout the year. Regardless, there will be a premier, and we are here to provide all of the Premiership odds as they change from week to week read more