Guarantee A Profit On Betfair: "Everything you need to know about locking in a profit from trading on Betfair."

Guaranteeing A Profit is a continuation of Guarantee A Free Bet. However, instead of a free bet on the horse we traded on, we want a profit on ALL of the outcomes in that particular event. This means that we effectively achieve a profit no matter the outcome of the event.

In the Guarantee A Free Bet Section, we managed to achieve a quick free bet on a horse called Temperance. We're now going to place another lay bet on this horse to equalise the profit across the all horses.

To calculate the lay stake needed, we use the following calculation:

Current Profit Showing On Selection / Current Lay Odds

In thid case, we divided 52.25 by the current lay odds which were 3.0 to give a lay of £17.41 which resulted in a £17.41 profit across all outcomes. Please remember to back and lay the same selection for this to work.

To save time, you can use this calculator for equalising profits.

Learn how to apply these strategies on Betfair Markets:

Betfair Horse Trading

Betfair Football Trading

Betfair Financial Trading