Yesterday I showed you how I rolled my Over 1.5 Goals bet winnings over from one match to the next in order to return a profit of over £50 from an initial £10 stake.
Today I’ll show you a simple technique using the Betfair in-play market that could have increased those profits.
If you were placing a straight forward accumulator bet on a group of matches, it wouldn’t be possible to use this method, as all the bets would need to be placed prior to the games kicking off, but as the method I mentioned yesterday involves rolling the winnings from one bet on to the next, the following method can increase the bet returns.
There are 2 ways in which you can use the in-play market to increase your odds.
One would be to sit in front of your computer screen, while the game is being played and placing your bet at a time when you feel the odds have reached a level you’re happy with. This method can work well, but it does involve being at your computer at a certain time, which isn’t always possible to do, as life often gets in the way.
My preferred way is to place the bet via Betfair, prior to the match, but rather than accept the odds on offer, place the bet at odds 3 or 4 points higher than those currently available. Once the bet’s been placed, you have the option to keep it live when the game goes in-play.
By asking for odds only slightly higher than those available prior to the match, the bet will typically then get matched in the first few minutes of the game, so unless there’s a really early goal scored (which doesn’t happen that often) there’ll be no problem getting your bet matched.
As an example, lets look back at how the odds changed early on in Sunday’s game between Bournemouth and Liverpool.
Before the game Over 1.5 Goals could be backed at odds of 1.25. Let’s say that rather than accepting those odds, you placed a back bet at 1.29 (4 points higer).
5 minutes into the game and despite Liverpool starting the game strongly, Over 1.5 Goals could now be backed at odds of 1.3, so our back bet of 1.29 would have easily been matched by this point.
Liverpool continued to be strong in attack, so the odds didn’t move a great deal over the next 5 minutes.
Despite Liverpool continuing to dominate the game, they’d not scored by the 15th minute, so the odds had started to drift further.
Liverpool scored in the 19th minute, by which time the odds had drifted out to 1.4.
At which time the odds crashed down to 1.09.
2 minutes later Liverpool scored their second and the bet was won.
Liverpool were completely dominating the game at that point and looked to be heading for the win, but a late rally from Bournemouth saw them win the game 4-3.
So despite there being 7 goals in the game, it was still possible to easily enhance the odds on the Over 1.5 Goals bet, early in the game, as the early odds drifted.
You may say, well it’s only 4 points better, so is it really worth it, especially when there’s a small risk a goal will be scored before the bet gets matched. Well let’s take a look at what those 4 points represent.
Prior to the match the bet could have been backed at 1.25. So 0.04 equates to getting 16% better odds. When rolling the winnings over from one bet to the next, the compound effect can make a significant difference to the profits.
In the example above it would have been possible to have had the bet matched at odds up as high as 1.40, but the higher you ask for the longer into the match it will take to get the bet matched and then you run the risk of a goal being scored before your bet is matched.