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Offering the right price

Offering the right price is critical to reverse horse betting. You want to make the odds a short as possible to reduce your payout should you lose. However, the shorter the odds, the less attractive it is for people to bet against you.

To make reverse horse betting practical, the highest odds you should offer are 3/1. Any higher and the potential payout will be too much.

To begin with, the best method is to look at a betting forecast or the prices offered at the major bookeepers. You can then shorten or lengthen these slightly, depending on how confident you feel in the horse losing.

Once you are experienced in reverse horse betting you will know the exchanges, what offers are accepted and your chance of winning - then you can start to select and experiment with your own prices.

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