The latest betting ebook seems to be targeting the newly created betting exchanges, and with good reason.

For the first time, the betting exchanges make it possible to both bet on a horse to win...or lay the horse to lose. And the latest betting ebooks take that opportunity to its limits.

Systems have been formulated to take the gamble out of betting. Consider for example, backing a horse to win and then just moments later, laying it to lose at shorter odds. This gives you a free wager!

Similarly, arbitrage betting offers similar no-lose opportunities by spotting the difference in odds offered by bookmakers. By placing bets at different odd you can secure a no risk profit, whatever the final result.

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