Zero Risk Trader is a piece of software that helps you to find risk free bets.
The risk free bets are found by looking at every horse in the UK and IRE and highlighting runners where you can back the runner to win at higher odds with a bookmaker and lay it for lower odds on Betfair.
By backing high with a bookmaker and laying lower on Betfair you guarantee yourself a risk free bet. To explain this I am going to run through an example.
If you back Pass The Time with a bookmaker at odds of 18/1 for £100 and lay it on Betfair at odds of 17/1 for £100 then if the horse wins the race you will:
Win £100 x 18 = £1800 from your bookmaker
Lose £100 x 17 = £1700 from Betfair
As you can see above, you would end up with a £100 profit if the horse wins the race. If the horse loses the race then you will:
Lose £100 from your bookmaker
Win £100 from Betfair
You will have broken even. There is a commission to pay on Betfair which would have meant a small loss but you can adjust the stakes slightly to account for this and this is automatically calculated for you in the software. What makes this software unique is that it uses each-way bets instead of win bets. This gives you a bigger edge because you can take advantage of the poor odds bookmakers are forced to use on the place portions of their each-way bets to make profits when it is often not possible to otherwise.
Now that we know how the software makes risk-free bets, the question is how good is it?
Activating and logging into the software is very quick and easy and you’re providing with a complete guide on how to use it. There are a large amount of examples in the guide and if you have any questions the support team get back to you very quickly.
Once you have logged in, setting up the software for your stake levels and other requirements is the matter of just a few minutes work.
You can select the bookmakers you have accounts with so that you aren’t finding bets that you can’t place and the auto-find feature means that the software scans the market every few minutes to look for the bets.
What I particularly like about this software is that it tells you exactly how much you should be placing on Betfair and with the bookmakers. It’s automatically calculated based on your stakes and the amount of money in the Betfair market which means that you are never trying to lay off more than can be done.
Having said that, there is always the possibility that the markets have moved by the time you are placing the lay part of the bet on Betfair.
In order to use this software you must be available during the racing day. You don’t have to use it every day, if you only want to use it on Saturday then it would still work as well as if you wanted to use it every day.
You should have a well sized bankroll available to fully utilise this method. We would recommend at least £2000. This is not at risk as you are placing risk-free bets but you need this because you need to have funds in multiple bookmaker accounts and a big enough bankroll in Betfair to lay the bets off.
Risk-free bet placing generally has a lower return on investment and you can expect to be achieving between 2%-5% return on your bets which although lower than normal tipping services, considering your risk level, is excellent.
The cost is at the higher end of the spectrum but it does provide you with a low risk way of generating profits if you can use it to its maximum.
Overall this is a good piece of software which works quickly and finds risk-free bets day in, day out every single day of the week and it comes as a recommended product.[review]