Are there any advanced betting strategies I should know?
- Advanced betting strategies are used by experienced punters
- These can include Arbitrage, Dutching, Trading or Hedging bets
- Get a rundown on these betting methods

There are a few advanced betting strategies and tactics that seasoned punters use in an attempt to maximise profit - read on below for a guide on these methods.
Beyond the basics of singles, multis and line bets, experienced punters sometimes use advanced tactics.
Advanced Betting Strategies
1. Arbitrage Betting: Exploits differing odds across two or more bookmakers so that, no matter the outcome, you lock in a guaranteed profit. For example, one bookmaker might offer 2.10 on Team A, another might have 2.10 on Team B, letting you structure stakes to ensure profit. However, if bookies detect heavy arbing, they might limit your stakes or close your account.
2. Dutching: Spreading your stake across multiple outcomes in the same event to achieve a uniform profit if one of them wins. For instance, in a ten-horse race, you might back three horses whose combined odds ensure you profit if any of the three wins.
3. Expected Value (EV) Analysis: Estimating the true probability of an event and comparing it to the implied probability in the odds. If a horse priced at 3.00 (implying a 33% chance) is really, in your view, a 40% chance, you’ve got positive EV. Tracking this systematically can refine your approach, though it requires solid analysis skills.
4. Trading or Hedging: Similar to sports trading on an exchange, you place a back bet at one price and lay (bet against) it later if the odds move in your favour, locking in a margin. While Betfair is a prime example, not all Aussie punters prefer the exchange model.
5. Focus on Specialised Knowledge: Some punters focus on lesser-known leagues or harness racing, believing there’s less competition and sharper edges. If you know a niche inside out, you might consistently find favourable odds.
Keep in mind that advanced strategies often require thorough research, mathematical precision, and consistent staking discipline (see more info at Bet Types & Strategies). They’re not foolproof. Bookies might react by limiting your bets if they sense you’re only making “sure-thing” or arbitrage wagers.
Lastly, never let advanced strategies overshadow responsible play. Even the savviest punters can experience variance—long losing or winning streaks. Maintaining a level head and abiding by deposit/timeout limits remains crucial.
If you find these techniques too time-consuming or stressful, it’s absolutely fine to stick to simpler, more recreational methods.
The aim is to enjoy betting safely and responsibly, whether you’re trying to eke out a consistent profit or just add excitement to your favourite sports.
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