When it comes to getting good at trading horse races on Betfair, there are 2 key elements to getting good quickly, in my opinion.
Number 1 is quite simply experience. The more knowledgeable you are in any field, the more of an expert you will be. It doesn't matter which field you choose to earn your trade in, the more experienced you are, the better you will be at it. Too many people are trying to get good at Betfair Trading by trying one system after another, without ever committing to, and sticking with one thing, and making it their business to become an absolute master in that area.
However, don't think of time in terms of chronological time, but more in terms of the number of horse races you have experience of. Aim to get to 1000 races as quickly as you can, then see how good you are when you get there.
If you work full time you can get your 1000 races experience in just 1 month, but a man taking in ten races every week will take a whole two years to get to the same point. Why not try to get the experience as quickly as you can?
Secondly, what can you learn from every race? It's no good just plugging away doing the same thing time after time. You have to be constantly refining a strategy. Whether you win, lose or draw you must ask yourself what the learning experience is. Sometimes the lesson is simply not to get involved next time.
You will find yourself getting frustrated at times, and wanting to blame the evil market for going against you. Stay calm in these situations and simply try to figure out the lesson. It's usually in the times that we fail that we get the best learning experiences.
Number 1 is quite simply experience. The more knowledgeable you are in any field, the more of an expert you will be. It doesn't matter which field you choose to earn your trade in, the more experienced you are, the better you will be at it. Too many people are trying to get good at Betfair Trading by trying one system after another, without ever committing to, and sticking with one thing, and making it their business to become an absolute master in that area.
However, don't think of time in terms of chronological time, but more in terms of the number of horse races you have experience of. Aim to get to 1000 races as quickly as you can, then see how good you are when you get there.
If you work full time you can get your 1000 races experience in just 1 month, but a man taking in ten races every week will take a whole two years to get to the same point. Why not try to get the experience as quickly as you can?
Secondly, what can you learn from every race? It's no good just plugging away doing the same thing time after time. You have to be constantly refining a strategy. Whether you win, lose or draw you must ask yourself what the learning experience is. Sometimes the lesson is simply not to get involved next time.
You will find yourself getting frustrated at times, and wanting to blame the evil market for going against you. Stay calm in these situations and simply try to figure out the lesson. It's usually in the times that we fail that we get the best learning experiences.
About the Author:
Richard Fletcher is a professional Betfair Trader specialising in pre-off horse racing alongside a side salad of Test Match Cricket. If you're interested in learning how he does his Betfair Trading, then take a look at his website to understand the secrets of Trading Horses on Betfair.. This article, Want To Become A Pro Betfair Trader? Here's How! has free reprint rights.
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