Place Bets Under The Betfair Minimum Stake
When you start out as a new Betfair Trader, you may only have a small bankroll to begin with, I certainly did! It can be infuriating at times having to place a minimum bet of £2, which may not be a lot, but whilst you’re learning and experimenting with Betfair systems and strategies you may well want to places bets for much less.
The video I have quickly put together will show you how to place a 50p bet on Betfair, but you can obviously substitute the 50p for 10p, 5p or whatever you want under £2. As a new Betfair trader you may have tried trading or betting on the correct scores market with the intention of hedging several scores. This might be 5, 6 or 7 scores, but what you quickly discover is that to get an equal profit across your selections, means that your total stake easily gets to £20 because you’re placing £2 as a minimum on all odds resulting in larger stakes being require on the favourite selections within the market.
Now once again, £20 may not seem like a fortune, but if you’ve just deposited £50 or £100 to start your Betfair Trading journey, then it does represent a large chunk of your betting bank and could see you go bust very quickly.
I hope you find the video useful, please give it a thumbs up if so
Good luck to all gambling and trading, Steve
Nice video mate, very useful for the newbies!
Thanks mate, lots more to come. Hopefully it will help some people out as I always wondered these sort of things when I started out