Betfair Scalper Review
In this post, I will go through a Betfair Scalper review and explore if the strategy is really profitable in the long run. The whole course is over 10 hours long. The content includes basic strategies, as well as techniques for advanced Betfair scalping. It is designed for horse racing, as there are tons of opportunities on a daily basis.
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What Is Betfair Scalping?
Before I start talking about the service itself, it’s probably best to explain what Betfair scalping is. A lot of you have probably heard about it. The strategy relies on taking small profits on markets with a high liquidity with a very small risk.
You can do that by offering a backing price that is just a tick or two lower than the market price and then taking the better lay price. The difference between the two is where your profits come from.
I’ll give you an example, so you understand better. You decide to try scalping on one of the many horse races in the United Kingdom. There is solid liquidity on Betfair, with plenty of people active on the market.
The back price for a Sparkalot is 2.46. You offer £100 at odds 2.5 and get matched thanks to the huge liquidity. You then manage to lay the same horse for £100 at odds 2.44 and the difference is enough to bring you a £5.70 profit if Sparkalot wins the race and break even if any other horse wins. This is Betfair scalping in a nutshell.
While it sounds easy, the whole process is rather complex and you probably won’t be able to do it on your own.
The Betfair Scalper
People have been using the scalping tactic on Betfair ever since the betting exchange was born. As you could expect, there have been many variations of the technique and plenty of strategies born out of it. One of them is offered by the Betfair Scalper team. I’ll be covering how well it works in this Betfair Scalper review.
The Service in General
Simply put, the guys there are offering the know-how of their Betfair scalping systems on horse racing. They have prepared videos, articles, and all kinds of training tools designed to explain how the whole thing works.
What I liked about their approach is that it’s not targeting seasonal professionals only. The whole Betfair Scalper content starts with plenty of training materials for beginners. You will learn how to work with the betting exchange, explore the races, and markets.
You will be also taught how to place your bets and everything you need to know about Betfair and scalping. This is a nice way to make it easy for even the average Joe.
Once you have a decent idea how the whole the whole concept works, you will be given access to some next level videos and tutorials. They go much deeper and show you more details about the approach of the Betfair Scalper team.
Finally, you will see plenty of live trades by real people that will show you examples of what to do. Such a gradual approach is smart, as it allows all kinds of users to actually get value from the Betfair Scalper.
What You Will Learn
Ok, so obviously the Betfair Scalper provides access to plenty of content and it’s created for all kinds of people. But what exactly can you learn from it? I believe the best way to show you would be to create a short list:
- What is Betfair and how the exchange works? – this one is quite self-explanatory and is designed to help newbies;
- What is scalping? – a basic explanation of Betfair scalping;
- How to pick suitable races? – a guide on how to identify horse races where the will be potential for profitable scalping;
- How to execute? – this is the essence of the course, as you will learn how to properly execute the whole scalping strategy;
- Other – since there are over 10 hours of materials, you will actually find a lot of other stuff that can be useful.
Also, you will be in touch with the whole Betfair Scalper community and this provides even more value. You can discuss new ideas with other members, ask questions, or post your videos and look for help with any issues you might have.
Betfair Scalper Review Evaluation
You now have a rather solid idea what to expect from the Betfair Scalper – a complete guide with examples, videos, tutorials, and access to a whole community of people who have been using the strategy for ages.
It’s now time to evaluate the service from all possible angles, so you have a solid idea what to expect:
Profit Potential
Since most of you care about the profits first, this is where I decided to start. I believe the Betfair Scalper certainly has the potential to bring you money. I’ve tried scalping myself and have managed to have success with the strategy.
You will be able to find a lot of opportunities on a daily basis which is even better. Simply put, the Betfair Scalper works and can help you win money. This is confirmed by pretty much everyone I know and has used the system too.
Is It Hard to Make Money With The System?
Having the tools and knowledge to profit from a betting system is one thing. Actually doing it on a regular basis is something else completely. This is why I decided to try and put myself in the shoes of a potential bettor that is not an experienced pro and see the potential difficulties.
As you probably know very well, everything in this life requires effort and commitment. The Betfair Scalper is not an exception. You won’t make it, if you just expect to place a bet every once in a while and simply collect the profits. I’ve written a post previously on proven Betfair strategies that work.
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It takes time
For a start, you will have to spend enough time for the system to work. The idea is to be active for at least an hour or two every single day. This will give you the chance to find enough opportunities and take advantage of them. If you can’t do that, you won’t be making money.
Of course, you can make up for that by placing larger stakes. However, this increases both the risk and the variance of the system. I wouldn’t recommend it.
Experience and automation
The next thing you need to know is that not everyone can start instantly using the tricks provided by the Betfair Scalper. For a start, you need to do some trading first. Of course, the whole idea of the training course is to save you time and give the experience of other people.
While it does that well, you can start from scratch. Complete some trades with small amounts until you get the hang of it. Don’t instantly dive deep, if you don’t have at least some experience with Betfair and scalping.
Also, you will have to use some automation software. Timing is everything and the ability to react instantly is crucial for scalping to work. You can’t count on yourself only, you must use automated software.
It will help you instantly close the deals, as soon as the right price is there. You simply can’t make it work without that. Also, forget about your phone or tablet, you will have to use a computer if you want to be successful with the Betfair Scalper.
Main risks
As most trading strategies, there is some risk involved when it comes to scalping. After all, the main idea is for the market and odds to move, so you can take advantage. If it doesn’t happen, you’re screwed.
Fortunately, the good selection of events should solve this. If you pick the right races and your timing is right, you will be able to close most races with a decent profit. Even the losing once should be more than acceptable.
The Scalper will give you enough instructions how to achieve that. However, it takes discipline and you will have to stay focused to avoid any major risks.
Another important tip would be to close all deals before the event has started, no exception. Some people are tempted to leave some wagers open, because they can’t get the price they wanted. This is not part of the plan, so avoid it at all costs.
Take the losses and move on to the next race. There are tons of them and you shouldn’t expect to go out in a profit every single time.
Bankroll management
The proper bankroll management is essential to your success in any system that comes with some level of risk. The good news about the Betfair Scalper is that the variance is rather low if you are doing it right.
Still, I recommend you to scale your bet sizes gradually for a couple of reasons. The obvious one is that the bigger your stake, the more is at risk. On top of that, there is an option for you to fail in finding enough volume to match your bet. Obviously, the risk grows bigger with the amount you place, so you have to be careful.
Betfair Scalper Review Conclusion
After exploring the Betfair Scalper service, I can firmly confirm there’s a lot of potential there. It will help you understand how scalping works and how to start making money from horse racing on a daily basis.
However, this is not a walk in the park. You should be careful and prepared to put some effort. This is especially true for people who don’t have experience with Betfair scalping. The system will save you a lot of time, but won’t make you an instant winner. Take your time and learn before investing your hard-earned cash. That concludes my Betfair Scalper Review.
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Hi Mike
Nice review. I read a horror story from another review site about these guys, so as far as you’re concerned this is genuine?
Thanks
Hi Laura, If you want to learn how to scalp the horse racing markets, this is a good product for that.
Thank you, Mike.
We have recommended your products many times to our own members, keep up the good work you do for the matched betting industry. A pioneer for sure.
Regards
Tony
Hello Laura,
I run the publishing company that offers this product, and there was a fake review doing the rounds, which we quickly picked up on.
Therefore for full transparency, full details of exactly what happened with this ‘review’ can be found here:
https://www.bfscalper.com/oddreview.html
I hope that answers your question, and enjoy the rest of your day.
Regards
Tony
Hi Mike,
Looking at the BFscalper page, a trader made @£3400 in one day on a Monday, which normally has very low volume according to a seasoned trader. This makes me a little sceptical because if one person can do this why not everyone else. I can only assume massive risk must have be taken to achieve this result. However, good result anyway.
Regards
andrew
Hi Andrew,
I don’t know how the trader made £3400 in one day. That’s a question for the product owner.
However it’s unlikely the trader would be able to replicate that everday given how efficient the Betfair markets are.
Hi Andrew,
Just to pick up on your comment.
The member who made that £3400 profit in a single day has been on the course since it was launched a few years ago, and is now a full time Betfair trader.
The reason why ‘everybody cannot not do that’, is because trading is a skill, and not any type of system; and therefore every single person will have different perceptions of the markets – based on the time they have spent learning those markets; their trading style; practise; testing, and application to learning to trade.
Mike is also correct, and it is also highlighted on the video in the members area, that the trader, or any trader will not make that level of profit every single day, as the markets change on a daily basis.
There is also no ‘massive risk’ involved, because that member will (and did, as he has sent us many emails over the years) have progressively increased his staking based on his current level of experience, and this is how the course is taught.
In fact, Stuart who runs the course has recently placed a video in the members area regarding this particular member, his email and the screenshot he sent in, which came in just a few weeks ago. We have a member feedback section showing various similar screenshots, and emails sent in.
Trading the markets is never an instant income generator, and we do not advertise it as such; but as referred to a few paragraphs back, it is a progressive skill. It has to be, just like learning to drive a car. Only once you have learned all the possible obstacles when driving would you be in a position to negate the way forward with confidence.
Trading is similar.
How long it would take a person to learn it, would depend on many personal variables, but the main personal trait required is application, as it will most definitely take time to learn trade the markets.
How much time, would depend on the individual.
Regards,
Tony
PS: So as not to hijack the thread, or Mike’s website, we are more than happy to answer any questions via our own website.
Mike, if I was to ask you as a bit of a guru in the betting arena, which way would you guide me if I wanted to average £50 a day without having loads of accounts with funds in.
Cheers
Hi Kelvin, Lay to lose would work well with just Betfair Sportsbook to back and Smarkets to lay https://mikecruickshank.com/lay-to-lose-guarantee/
At the moment Betfair are doing it on every race so there’s plenty of opportunity to make a healthy profit.
Hi,
Can someone give answer to this: if this guy (BFScalper) has made and make millions trading horse races. Why does he need to sell courses ? ?
I’ve not seen any claims that BF Scalper has said they’ve made millions trading horse races.
Hello Mike,
I see Stuart answered your email directly on Tuesday after you made this comment on Mike’s blog; to which you thanked him for doing so.
Nobody has ever made ‘millions from trading horses’, and our course certainly does not claim anything along those lines.
The course simply teaches pre race trading, which has worked for many of our members as shown on the feedback, and the member feedback in the membership area, albeit any success is dependent on the application, practice and effort made by those wishing to learn the skill.
The above is also highlighted at the top of the sales page,. It is not an instant income generator, but a skill that needs to be learned.
If you have any direct, or specific questions about the product, then please don’t hesitate to contact us.
Good luck in whatever you decide to do.
Regards,
Tony
Mike’s question “Why does he need to sell courses ? ?” is typical of skepticism that’s applied when ever there is any product ( financial markets or betting ) that promotes exceptional gains. To me it’s irrelevant . The ONLY thing that would matter is ‘Money Back Guarantee’ & whether it will be honoured. I’ve dealt with a company in the U.S. that provides options trading services and had no problem either getting extension to 60 day trial or refund. I would have no qualms trialling another of said company’s services because I trust their refund policy . I would need to be sure of same with these guys bfscalp before I give it a go.
Hello John,
It is a a good question, but I can advise you that any business worth their salt has no problems giving refunds, and we are the same.
Nowhere on the website promotes ‘exceptional gains’, because any gains made will be down to the individual, and their perceptions of the materials/markets after one has practiced and worked their way through the training; combined with a work ethic – and of course, this work ethic is different for everyone.
In relation to your question though, since we launched the course way back in October 2016 (almost 4 years ago at the time of writing this comment), our refund request rate has never gone higher than 0.6%, which is unheard of in this industry, or any online industry.
The refund guarantee advertised is 60 days, which we feel is an adequate timescale to decide if trading is for you (trading is not for everyone), and enough time to decide if a member can see the value in the materials offered.
We also advise many potential members ‘not’ to join the course if we feel that their expectations of learning to trade (which definitely takes time) is not adequate enough to warrant a membership, as this saves a lot effort for each party concerned.
Best of luck in whatever you decide, and good luck in your future endeavours.
Regards,
Tony
This course will not appeal to 99% of people. Why? Expectations of making substantial rewards without putting the legwork in. BF Scalper is an exceptional product and if you follow the rules….. you will make money. MOst people will fail as they do not have the patience to learn and implement what is taught. There is a money-back guarantee.
People who provide negative reviews have either never been on the course but feel qualified to answer, and others have been ‘found out’ when the amount of log-in times are thrown back in their face. One chap signed in around 5 times…. spent about an hour looking and said the course was rubbish.
Your choice is simple……
Do nothing or take action with the money-back guarantee.
Remember, he who knows the least… knows it the loudest
Anyone making money from this?
I find it hard to believe that an edge can be maintained if over 10,000 members are being taught the same thing? Surely there isn’t enough room for everybody to be entering and exiting at similar points in the market?
Hello James,
There are probably thousands of permutations of entry and exit points on any given racing market; in fact all the increased liquidity does, is increase opportunities for such permutations – as the more money in the markets the better.
Regarding ‘all being taught the same thing’, there are many angles the course teaches regarding pre-race trading; and this, together with the endless permutations referred to above, means there can never really be a situation where there is a saturation point.
The main reason being, is because entry criteria, and exit criteria will also depend on the individual’s perceptions of the markets; hence why trading is a skill, and not a system when one follows a, b, c and generates d.
Betfair has well over 1 million customers, generating huge revenue via liquidity (at least £50million+ per week) and much of this comes via trading, and therefore even if you added the members up for all similar courses, it would still be a drop in the ocean in the grand scheme of things.
Regarding not believing the opportunities presented in the markets, our feedback section on the course, sent in by members, is now well over 14+hours long, spanning three pages, and is only a fraction of what comes in daily from members.
We also have 200+ publicly available member feedback emails (all can be validated as members if required) which we feel gives a fair appraisal of what our course offers:
https://www.bfscalper.com/testimonials/
Trading is not for everybody, we never state it is, and we turn a fair amount of members away if we feel their expectations are not realistic, although if you don’t think such opportunities exist, then we wish you sincere luck finding something more suitable.
Regards,
Tony.