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Betfair trading is a great way to profit from betting on Horse Racing. The great thing is that it doesn't need to be complicated. In this video, professional trader Peter Webb shows how to trade on Betfair horse racing. He walks through a live trade using Bet Angel and explains the thought process behind it. If you're interested in learning how to trade on Betfair, this is a great video to watch! This was one of many trades Peter did at Royal Ascot, but this particular trade includes a range of things that have been touched on in other videos. Staking - • Betfair trading - Using variable stak... Trading Maiden races - • Betfair Trading - A Simple Strategy T... Key points in this video: - 00:00 - Introduction 01:15 - Horse Racing - Races type and description of card 02:12 - What is a Handicap Race? 03:34 - Competitive and uncompetitive handicaps 04:41 - Intial assessment of the market 05:50 - When should be open our trade in this market? 06:45 - Why we entered the market at this point 07:46 - A strong entry signal explained 08:40 - Where should you place your exit positions? 09:28 - Managing your exit positions 11:50 - Trade complete 11:56 - Hedged and un-hedged trade values & trade sizes 13:48 - Overall summary of this trade 15:43 - Conclusion #betfairtrading #betting #horseracing