Betting In-Running - Don't Try This At Home Kids!

Betting on the exchanges has many advantages - better value, lay as well as back, no closed accounts, etc. (read my article about betting on the exchanges) and one feature is the opportunity to continue betting on the outcome of an event, even whilst it is still in progress. This is known as betting "in-running".

But this article from Betfair clearly shows how trading in the in-running markets is like betting on steroids, and definitely not for the faint-hearted. Gave me palpitations just reading about it!

Published on the Betfair web site 20th February 18:20hrs

Trading Up hits Betfair peak during amazing Taunton win

Trading Up did just that during in-running betting on Betfair on Tuesday – hitting the market high of 1000 before romping home in a dramatic race at Taunton.

The Irish gelding was a massive 23 lengths back four jumps from home, but reeled in his opponents to land a whopping win for punters who got on at Betfair’s ceiling price.

Of course, when there are long winners there are short-priced losers and there was a trio of them in the two mile seven furlong Handicap Chase.

Punters were convinced that Irish contender Mighty Moose would win but he was pegged back on the final straight by Trading Up to dash the hopes of backers who took the gelding’s price down to 1.06.

Gunship also looked likely to land first prize and was matched at a low of 1.34 before unseating Richard Johnson two from home. (This was my lay bet of the day)

And it was another Irish horse, Treasulier, who completed the threesome of odds-on losers. The 10-year-old was matched at 1.8 before eventually finishing in second place.

There you have it, extreme betting from Betfair!