How To Calculate Book Percentage

How To Calculate Book Percentage

What Is “Book Percentage”? The probability of an event happening can be expressed as a percentage, for example, if you toss a coin the probability of heads or tails is 50% or evens for each. The book percentage here is 100% – it is a perfect book. In...
The Advantages of Short Term Trading

The Advantages of Short Term Trading

The secret of successful trading on UK horse racing favourites in the final minutes before the off is simple: the less time you hold a position the better. When making trading decisions based on nothing more than the most recent price pattern you have to accept that...
An Introduction to Betfair and Trading

An Introduction to Betfair and Trading

What is Trading? Trading is backing and laying the same horse or team with the idea of securing a risk-free profit regardless of whether that horse or team goes on to win or not. By backing and laying at different prices the trader can lock in a profit which can be...