Several things in life are relatively easy to do: Make a cup of tea, put on your socks, and conjure up reasons why Alan Sugar should be kicked out of the UK! There are also several guarantees: Getting stuck in traffic while already running late, Alan Sugar refusing to leave the UK, and being left frustrated as your ‘hot tip’ finishes seventh at Kempton.
In the world of sports betting, it is always wise to be wary when someone claims they have a method of making a profit that is guaranteed to work. In the case of Betting Bounty, however, it is a claim based on tons of evidence, with thousands of satisfied punters.
The concept behind Betting Bounty is simple: You place a back bet on Betfair in the anticipation that the price will fall. At that stage, you can either guarantee a small profit or get a free bet on the horse in question. In other words, it is trading with a high percentage of success.
No one at the Race Advisor would be irresponsible enough to suggest that every trade wins (and I show a losing trade below), but an enormous amount do. Also, we are not claiming that this method will pay for a holiday home in Barbados. However, it will give you a steady supply of little wins which add up to a very reasonable level of profit throughout the year.
How Does Betting Bounty Work?
The beauty is in its simplicity. As it is a premium service, I am not allowed to divulge the method used to provide the trading opportunities under pain of death (or Michael and Eddie going into a major huff)! What I CAN tell you is that subscribers receive 2-3 selections per day on average.
There are days with no opportunities but they are relatively rare, and besides, it is better to trade infrequently and win, than trade regularly and lose! When I say ‘guaranteed’ profit, I mean over the course of a year or more. Betting Bounty has suffered losing months. However, a record of 2 losing months in 48 is pretty stellar! Try finding another betting strategy online that has achieved a profit almost 96% of the time over a period of four years!
What Betting Bounty does is take advantage of a quirk in exchange betting. As such, the risk is so low that you only need a 12-point bankroll. If you fancy trading £50 a time, for example, your total bankroll only needs to be £600.
The main downside is that you need to be available at selected times during the day, and you need a Betfair Exchange account. However, you can use Betting Bounty on your mobile or desktop, and each trade only lasts for a matter of minutes, so it shouldn’t eat into your time too much.
Another major advantage is that you don’t need any knowledge of horse racing whatsoever. The team will send you the selections, you follow the instructions, and that’s it! Before I show you a couple of examples of Betting Bounty in action (without telling you how I got the selections), please let me make one thing crystal clear:
Do Not Keep Your Trading Position Open Until the Race Starts!!!
At that stage, you are leaving trading and entering into gambling territory which means your entire stake is in jeopardy. If the race is about to begin, and you are in a losing position, cash out and take the hit; there will be MANY more opportunities to make things right.
Trapani was a selection, and I backed it at 3.55 on the Exchange knowing that there was an excellent chance of its price being reduced.
For the purposes of this article, I adopted a safety-first approach and set a lay bet at 3.35. after a few minutes; it was matched. Unfortunately, I was far too conservative because Trapani’s price absolutely plummeted and reached a low of 2.68!
It is entirely up to you to decide your plan of action. You can have a set ‘lay’ price in mind and make the bet in the anticipation that the price falls low enough for it to be matched. However, if the price continues to fall, you will end up missing out.
The thing about Betting Bounty is that you don’t need software to be successful, but you DO need to be quick on the draw.
A Losing Trade
It is important to remember that some trades will be unsuccessful. These losses will, of course, be wiped out in the long-term, but it is up to you to determine what an acceptable rate of loss is.
In the above screenshot, I backed Hanati at odds of 2.84. As it happens, this price was way too short as the horse started drifting alarmingly.
Hanati went as far as 3.5 or thereabouts, and with the race about to start, I pulled the plug and cashed out for a loss of almost 14%. I could have hedged my bets and reduced the loss in the hope that Hanati didn’t win but chose the Cash Out option instead.
As I said, it is entirely up to you to decide how to proceed. Michael and Eddie recommend choosing the free bet which earns you more when a horse wins but provides no profit if it doesn’t. In a loss situation, you can cash out immediately as I did above, or roll the dice and end up with a larger loss if the horse wins, and a smaller one if it doesn’t.
Betting Bounty is NOT for people who are chasing huge profits and are prepared to risk it all along the way. Instead, it is for sensible punters looking for a method of profit that is relatively safe, sustainable, and long-term.
Staking and bankroll are up to you, but I would advise you to follow Michael’s 12-unit bankroll idea. You can choose to increase your stakes at certain ‘milestones.’ For instance, let’s say your £1200 bankroll is now £1,320, you can increase stakes to £110 and still have 12 units left.
Finally, don’t worry about the odds being manipulated by Betting Bounty members. As you could see from the Southwell race, over £500,000 was wagered so there is little chance that a few traders staking £100 or even £500 will make much of a difference. Betting Bounty has been a success for over four years and has yet to encounter difficulties with weight of money compromising the odds.