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E13 - Professional Sports & Racing Trader

Business of Betting Podcast

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The Difference Between Trading and Betting

Betfair allows you to be both a bookmaker and a punter at the same time. Being a trader is to be able to back that horse and lay that horse at varying prices. So trading as opposed to betting is simply taking a position on both sides of a market, winning a bookmakers and a punner - no matter what result.

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