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So how can a successful trade be made? We will discuss numerous in-depth Betfair strategies and Betfair trading methods in later articles, but for now we so want to keep crypto currency this job simple just so you can a grip of what can projects.

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Let’s say you’re putting a bet on the tie between two football teams, to illustrate Newcastle vs Arsenal, and the odds being provided at kick off is three.85 if the game actually ends in the tie. At kick off you place a bet at 3.85 for that tie that occurs. This is called “backing” in Betfair terms, which simply means that you backing, or “betting for”, the tie as the issue of the game, whether or not it’s 0-0, 1-1, 2-2 several. If you do nothing with your placed bet during the path of the game, you will of course win your wager times 3.85.

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