Risk FREE Place Profits© No doubt you’ll have heard of many methods of this nature but they really don’t get any easier than this one! If you don’t put this into operation then you really are missing out on a good few grand. It pains me to see them pop up daily knowing I cant execute the bets due to a stake restriction! I’ve already opened accounts in my other half’s name and banked a few grand before that was restricted, so now its down to family members who I can cut in on the deal as and when I get the chance to implement it. As the name suggests its based around the ‘Place Only’ markets of Horse Racing, in particular the ‘Place’ markets of Betfair and the Paddy Power online bookmaker site who take place only bets. I’m sure many of you will have heard or even applied the mechanics behind this method before on other markets, especially on the ‘Win Only’ markets of Horse Racing. Unfortunately it’s rare they occur in the ‘Win’ market these days but it’s a very different story in the ‘Place Only’ markets. If your patient it can easily grab you a few thousand before you come onto the trading room radar! As mentioned above, applying the Risk Free Place Method resulted in my Paddy Power account been restricted when I reached around the £4,000 mark. This is indicated when I click on the bet stake box its states. ‘Max Bet Exceeded’, much like most of my other online Bookmaker accounts, and that’s before I even put a value in! However, with a due bit of diligence this can be avoided by various actions I will outline later.

Method In Action Here we are simply backing a horse with Paddy Power in the ‘Place’ market at one price, and ‘Lay’ at a shorter price in the same market with Betfair. You’ll be amazed at how many times you get higher odds with Paddy Power to ‘Back’ a selection, and then be able to ‘Lay’ off at a lower price on Betfair. OK, some days you could be watching the markets for a few races before one appears, but remember this is FREE money! When they do appear and you execute your bet, the feeling is quite amazing knowing you either win if your runner gets placed, and get your money back if it doesn’t – Marvellous! Example; 1). First open your Betfair account and go to the ‘Place Only’ market of any UK or Irish race you care to use this method on. As you can see from the example below

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the place only market of Betfair are identified in brackets, or it may just say ‘Place’ on the new Betfair site underneath the ‘Win’ market.

2). Next, log into your Paddy Power account and go to the same race. (Other online bookmakers do offer ‘Place Only’ betting such as Coral but Paddy Power is by far the best for its ease of use and better prices). 3). Once on the Paddy Power homepage, scroll down a touch, and on the left hand menu you will see an option entitled ‘Site Settings’ and underneath you will be given options on whether to view the prices as ‘Fractions’ or ‘Decimals’. Click on view as ‘Decimals’ in order that it corresponds with Betfair prices. 4). Next line up the Betfair & Paddy Power ‘Place Only’ markets side by side on your computer screen for ease of identifying the risk free opportunities.

You are now ready to observe the race for risk free trades! You will see from the example below taken on 13th June, I found a race where we can back high on Paddy Power and Lay lower on Betfair. Now these screenshots where taken within seconds of each other using my photo capture software. I then went back and done the text overlay instructions as I didn’t want to miss showing you the prices on offer simultaneously. Anyway you will

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soon witness these opportunities for yourself first hand – seeing is believing as they say!

Corresponding Race on Betfair

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Now with the example above if your were to Lay at 12.0 for £100 on Betfair you would need a large bank to cover this liability even though you would have backed it with Paddy Power at a higher price for a guaranteed profit. Therefore, If you haven’t got a large bank then don’t worry as you will have plenty of Lays were the liability is lower. For example; you could ‘Lay’ for £100 on Betfair at 1.50 giving you a liability of £50 and then ‘back’ on Paddy Power for 1.60 for a guaranteed profit of £10 if it finishes in the places. Then just build your bank up so you can take on bigger prices to widen your opportunities . So, once you have found an opportunity, make sure you place your BACK BET FIRST with Paddy Power, whilst at the same time make sure there is enough money available to cover your bet when Laying on Betfair. There should always be enough money to Lay for all those that receive this method especially 30 minutes before the race off time. So don’t worry about liquidity. Having said that, its still in YOUR best interests to keep this method to yourself. You can always go in again with more stakes if you see further money arriving in the Lay market for the selection, making sure its still available to ‘Back’ higher with Paddy Power. Usually when the ‘LAY’ price on Betfair is below the ‘BACK’ price with Paddy Power, then more money will be forthcoming into the Lay market allowing you to

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get more on. However, there will be a point when Paddy Power will drastically shorten the selection, that’s why it’s important to BACK with them first to ensure you get the larger price! Although Betfair will refresh prices automatically on your screen I still like to prompt it along by pressing the ‘Refresh’ button above the racecard. I think the ‘Place Only’ market on Paddy Power also refreshes itself, although again I would keep refreshing the page just to make sure. As it happens from the example above ‘Bollin Nancy’ finished unplaced so although I lost my ‘Back’ stake with Paddy Power, I got my stake returned from my Lay bet on Betfair. It was a great thrill watching the race comforted in the knowledge I wont lose a penny!

IMPORTANT! Always check the places on offer with Betfair are the SAME as that offered by Paddy Power. For example; If you click on a race with Betfair that has ‘15’ runners, then check the places on offer. If this race is a Handicap and had ‘16’ runners originally and a subsequent non runner brought the race down to ‘15’, Betfair will still payout on ‘4 ‘places. Whereas Paddy Power and all other online bookmakers will only payout on 3 places due to the race dropping below ‘16’ runners. When this happens DON’T BET these races as you could get caught out! Here’s How; Let’s say you BACK with Paddy Power for a place in a ‘15’ runner race paying on ‘3’ places, but you Layed on Betfair paying out on ‘4’ places. If the selections finishes 4th, you will have to payout on Betfair but WILL NOT get paid out with Paddy Power as they only payout on ‘3’ places due to the non runner. In short, make sure the places paid out on Betfair are the SAME as paid with Paddy Power, that way you won’t lose out using this method. You can see the amount of runners to be placed on Betfair by looking to the right hand box under the ‘Rules’ tab. When Do the Best Opportunities Arise?

• When there is plenty of racing. So it works best on Saturday and Bank Holidays when traders maybe stretched in updating prices efficiently.

• Within a 1 hour time frame of the race off time, and up to 15 minutes before

the off. After this point the market tightens and very little opportunities arise.

• Any race greater than 10 runners.

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• Irish racing is good for spotting opportunities but watch liquidity in the Betfair place markets to ensure your Lay bet gets matched!

• In handicap races the opportunities are usually found at the higher price

levels of (8/1)9.0+ & in Non handicaps they are usually found at the lower price levels (1/2)1.50+. However, scan all runners regularly.

• Don’t forget to keep refreshing the racecard page with Paddy Power to get

the most up to date prices. Betfair refreshes automatically but it will do no harm to prompt it along.

How Do I Avoid Bet Restriction?

No one likes to have their account restricted. At first it will seem like a badge of honour that you’ve finally managed to beat the bookies at their own game. However, this feeling soon wares off when you come back down to earth, and realise they have turned the tap off on a very lucrative and stress free income stream. All is not lost though if this happens. By following a few simple guidelines this can be avoided by various actions below. The first one is obvious, and that’s DONT be greedy as tempting as it may be. I was frequently working with £100 stakes at one stage and even went as high as £250. Well been risk free I wanted to get as much on as I could!

The second one is to have a few duff bets that you feel will not win. So you would back them with Paddy Power and Lay them off on Betfair at the closest price possible in order to break even, or at worst lose very little should the selection happen to win. Sods law would have it they will probably go and win adding to your bookmaker account profits! If you can manage to pick a few losers on your bookie account and collect by Laying off on your Betfair account, then you should remain unrestricted especially with around £50 stakes.

Also, If you’re planning on opening an account in your partner or friends name then make sure you use a different internet provider for each account. As you may know when you join an internet service you will have a unique I.P address that’s traceable by bookies.

For example; if you open your Paddy Power account with BT as your internet provider, you would have to sign up to another provider to open another Paddy Power account. Maybe using one of the many mobile broadband toggles available today; Vodafone, O2, or T-Mobile etc that you just plug into your USB port would do the trick.

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You see Bookies are no fools, they have sophisticated I.P tracking software that will detect if both accounts are open from the same I.P address. If, and when they do restrict one of you accounts you will find the other one gets closed or restricted as well, even though its under a different name! Its just a continual game of cat & mouse that some find part of the battle! Another Few Risk Free Methods… Here’s another way to make a nice few £1,000 risk free and as we speak I’ve yet to be restricted. Go to: www.888sport.com and open an account and deposit as much as you can afford (Remember, your money wont be at risk). Here’s why; 888sport are very slow to update their prices on horse racing. Day in day out I’ve often backed with them at a point or two higher than the lay price on Betfair and that’s in the ‘Win’ market! For example; I’ve just backed ‘Llewellyn at Catterick for £100 at 3.75 with 888sport, and Layed off at Betfair for 3.25. The horse won so I had to pay out £225 on Betfair but won £275 with 888sport giving me a risk free £50 profit. The best time to look for these on 888sport is around 1 hour before the race off time. Happy days!

Conclusion Before you is a few simple and highly lucrative methods to make risk free profits. Now these won’t appear all the time, but my advice is to keep on observing the markets until you at least get your first one. Once you achieve your first risk free profit the feeling of euphoria in getting something for nothing is awesome! This will also serve to spur you on to look for others whenever you are in a position to observe the markets. I’ve often been observing for a few hours with nothing, then you may get a cluster together. Its amazing how over time your eye becomes trained to spot them quickly. As ever this only comes with practice. One particular evening I was at a loose end and therefore observed a Handicap race at Dundalk and bingo I spotted one straight away! The price to back the horse in the place market with Paddy Power was 4.5 (7/2), and the price to Lay on Betfair was 3.75, a nice 0.75 difference as to what I could back at! What’s more there was plenty of money available to Lay and for a decent period. So I placed a £100 back bet at 4.5 and layed at 3.75 (11/4). I then went in again with another £100, and then again with another £50 before my stakes were capped for that race. In total I had £250 backed at 4.5 (7/2) for a return of £875 if the selection gets placed.

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I Layed £250 at 3.75 (11/4) so a liability of £687.50p. The result? Well, the horse finished second, so I made a clear profit of £187.50p on the race risk free (£875 minus £687.50p). Of course, if it was unplaced I would get my full money back as I layed for slightly more to take into account of the Betfair Commission. So isn’t it worth waiting all day for 1 or 2 of these? With some risk free trades you can get up to a 3 point difference as outlined in my pictorial example above. A more realistic difference is between 0.25 & 1 point on a more regular basis. As mentioned at the start of this report, all was going well with this method and my account building very nicely until disaster struck. One day when I logged into my Paddy Power account I found my bet size had been restricted. Several emails to them fell on deaf ears stating their traders have the right to restrict bets blah blah blah at their own discretion. However, by following the guidelines above, I’m sure you will do a better job than me in keeping your cash supply open. Finally, he who has patience with this method - WINS! Enjoy!

Andrew David

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