Football trading is incredibly popular in 2019 and for good reason. With bookmakers restricting profitable accounts quicker than ever, it’s a great time to look at football trading strategies and how you can profit.
Football trading in 2019
Football trading has risen in popularity over the last few years and it’s starting to rival betting on football. The question a lot of individuals ask is how can you profit with trading and what are the best football trading strategies out there.
That’s why we wrote this article.
But before we jump into the main trading strategies, let’s check out the difference between betting and trading.
Difference between betting and trading
Whilst football betting and trading may sound very similar to most, there’s a number of key differences that distinguish them.
Football trading is different from betting in that you aim to profit from price movements rather than the outcome of a fixture or event. Whilst you’re still technically placing bets, you’re doing so for a different reason.
Football bettors generally let their bets go in-play and let them settle whereas football traders are not so interested in the final outcome of an event, more so the price movements that occur before and during an event.
Traders could complete their trades and lock in a profit even before a fixture kicks off by trading on prematch markets. Whilst this is possible in betting with features such as cash-out, it’s less common.
Betting exchange introduction
Before we move onto the best football trading strategies, you’ll need to know what a betting exchange is and how they work.
I won’t go into too much detail in this article, but a betting exchange is an online marketplace where punters place bets against each other. It’s a peer to peer platform which charges a commission for providing this service.
As with any marketplace, there needs to be a buyer and a seller. In the case of a betting exchange, a buyer is someone looking to back a market whereas a seller is looking to lay a market.
You can place both back and lay bets at a betting exchange meaning they’re more versatile than traditional bookmakers. This is one of the main reasons betting exchanges have become so popular over the last few years.
As I mentioned earlier, betting exchanges are crucial for football trading as this is where you’ll place most of your trades.
How to make money with football trading
So we know about betting exchanges and how important they are for football trading but how can you actually make money with trading?
Traders make money by taking advantage of price movements in the marketplace.
As a football trader, you need to focus more on the price of each market rather than the actual market itself. Specifically, are the odds moving in a certain direction etc.
What affects the price?
There are many factors that affect the price of a certain market and it’s up to you as the trader to spot opportunities to profit.
Here are some factors that may affect the price of a football market:
- Game situations
- The demand
If you trade in-play, then certain game situations will have a significant impact on the odds of a market. For example, if a team scores a goal, the odds for a win will reduce considerably.
The same goes for other events like red cards, substitutions etc.
The demand for a market also has a large impact on what the price is and how it changes. Betting exchanges allow traders to view betting markets the same as they would the stock market.
Only instead of buying currency and stocks in companies you’re buying and selling betting markets.
Different football trading strategies
So what are the different football trading strategies you can employ in 2019?
First things first, I just want to point out that you’re not going to make millions overnight with football trading and don’t believe anyone who tells you that you can.
Another point to consider is you’re trading on sporting events and anything can happen so nothing is guaranteed.
So here are a few football trading strategies:
- Lay the draw
- Correct score trading
Lay the draw trading explained
Lay the draw is the easiest and most popular form of football trading for many individuals. In simple terms, you place a lay bet on the draw once a footy match kicks off and when and if the favourite scores, the price for a draw rises.
You can then make a profit by trading out of your position. The greater the price movement, the more profit you make.
Due to the popularity of this trading strategy, LTD (lay the draw) has become somewhat overused which has reduced the potential profit somewhat. However, this strategy is still worthwhile if you’re just getting started with football trading in 2019.
Correct score football trading
If the first trading strategy is for beginners, correct score trading is for the more experienced. However, this strategy is far more exciting than LTD and the returns can be much greater.
One of the benefits of trading on the correct score market is profit potential. It’s far more lucrative than other football markets meaning there’s more value to be had when you know what you’re doing.
You’re probably thinking this is all well and good but it’s very difficult to predict the correct score of a game. With trading you don’t need to do this, you just need the price of the market to move in the right direction to make a profit.
For example, you might bet on Leicester City to win 2-0 and during the second half, the scoreline is 2-0. In this scenario, the price for a draw would obviously go up meaning you could lock in a profit without waiting for the fixture to finish.
You don’t need to stick to one scoreline, you could cover each team to win and the draw using correct score trading.
Overall this football trading strategy is a great option for those with more experience as there’s more to it than LTD trading.
How to start football trading
There are many different football trading strategies you can implement to start making money in 2019.
The first thing you’ll need to get started is a betting exchange account. There are a number of options and most traders choose between Betfair and Smarkets.
If you’re after a high volume betting platform, Betfair is certainly a great option. However, if you’re more interested in paying a low commission you should consider Smarkets.
Check out this in-depth review of Betfair and Smarkets.
Football trading strategies
Overall football trading is a great option for those who are looking to diversify their betting strategy or if your bookmaker accounts have been banned.
The strategies mentioned above will be a great place to start your football trading and you can move onto more advanced strategies later on.
What do you think of football trading? Let me know by leaving a comment below right now.