whats the risk for backing and laying the same horse

[KC_Troy]

Im newbie to horse racing, Is laying a horse and than backing it a good idea to minimize losses? say your back a horse to win for $20 than you lay that same horse to loose for $5

[jimuk]

To profit from horse racing with the minimum of risk, you want to find horses that are either priced too low or too high, before waiting for the prices to correct themselves, when you can then trade out for a profit.

For example, say a particular horse's price is generally 2.75 - 3.0 with the bookies, but is available to back at 4.0 with Betfair. You would expect this price quoted at Betfair to correct itself and trade lower at some point, so you would want to back it at 4 and wait for it to come in to say 3.5 - 3.75 before laying it back at this price for slightly more than your initial stake for a guaranteed profit whatever the outcome.

[noob123]

To profit from horse racing with the minimum of risk, you want to find horses that are either priced too low or too high, before waiting for the prices to correct themselves, when you can then trade out for a profit.

For example, say a particular horse's price is generally 2.75 - 3.0 with the bookies, but is available to back at 4.0 with Betfair. You would expect this price quoted at Betfair to correct itself and trade lower at some point, so you would want to back it at 4 and wait for it to come in to say 3.5 - 3.75 before laying it back at this price for slightly more than your initial stake for a guaranteed profit whatever the outcome.

its all good in theory but you'll find the price chages at the blink of an eye and next thing you know your laying at 8.3 only sometimes it works

[koukoubagia]

does anybody knows about betfair charts?..how it works...? where we can read any articles about it...?