Correct Score Trading Insurance Strategies Revealed

In my experience, correct score trading stands out as the most exhilarating method of trading football on Betfair. The challenge of accurately predicting exact football results, whether it be a goalless draw or a high-scoring match, adds a thrilling element to this trading approach.

As strange as it sounds, it also feels like REAL trading. We are much more focused on the numbers and market movement than over-concerning ourselves about the action on the pitch. 

It is no surprise to hear that many are requesting to know more about using insurance when trading Correct Scores. With many wondering if Correct Score Trading “insurance” strategies that work even exist?

In this article, I will show you all you need to know about trading correct scores with insurance and most importantly, reveal profitable trading strategies that you can implement right away, even starting tonight. 

So, if you’re ready to embark on a thrilling journey of correct score trading, let’s dive in and explore the exciting world of football trading on Betfair!

Correct Score Trading Strategy – Backing Multiple Target Scores 

When traders email in to ask us about Correct Score Trading with insurance it can often be tricky to understand the extent of the insurance they are looking for.

As my regular Correct Score Trading strategy of backing multiple target scores could be considered insurance as it is. 

For example, if our target score is 2-0.

Then we might also cover scores around it such as 1-0, 2-1, 3-0.

This way if we are close to our target score we are still “insured” of being able to salvage something from the trade.

So it is important to consider that most Correct Score Trading Strategies already have insurance “built in” to them. 

We often speak about having a plan a and a plan b incorporated into your approach.

And this below video definitely illustrates that.

Correct Score Trading Strategy – Creating Insurance In-Play

Something tells me that the previous strategy isn’t quite what you were looking for with regards to learning about Correct Score Trading with insurance.

And I understand.

So, now I am going to talk about creating insurance via scalping the Correct Score market. 

This is definitely advanced stuff but can be extremely POWERFUL once you master it. 

For example, you may cover a bunch of target scores that expect a high scoring match. 

But then you go to work and create insurance on the lower scores such as 0-0, 1-0 or 0-1 so you are covered if the high scoring match does not materialise. 

In fact, this is the approach we fully teach inside the Correct Score Mastery course. 

You can get an idea from the screenshots below.

You can see that in this match we eliminated the risk from the 0-0, 1-0 and 0-1 scores as we wanted to chase higher scores.

And then in this match we went one step further as not only had those lower scores insured but we had a “insurance profit” on those lower scores.

We were anticipating a comfortable Real Madrid win but knew it could be tricky as Leipzig can often be no pushovers.

And this actually helped us to make a very nice profit as we could ladder up from the 1-0 on to the 2-0.

So in this case, insurance also became leverage!

As said, this is a skill worth learning and with some good trading you can be in a really strong position fairly early into the match and once the risk is removed it is just a matter of seeing how much you can make from there. 

By the way, you want to learn more about the Q System and how to take your Correct Score Trading to the next level then submit your email address below to get a copy of our Correct Score Mastery Prospectus ebook.

Where Do We Send Your Prospectus?

Email Address

Website

Correct Score Trading Strategy – Creating Insurance Pre-Match

When trading Correct Scores on Betfair it is also possible to create insurance BEFORE the match begins by adjusting your staking. 

The best way to explain this is by showing you rather than telling you.

If you look at the screenshot below, you can see we wanted to trade on scores including 2-0, 2-1 and 3-0 to the favourite. 

But we also took insurance on the lower scores such as 1-0 and 1-1.

This way if the match was tighter than expected and the favourite only squeezed a 1-0 win or was held to a 1-1 draw then we could just break even on the trade. 

This is an interesting approach to trading correct scores with insurance and definitely very low risk (and low stress).

Correct Score Trading With Insurance Pros and Cons

There is definitely lots of interest in Correct Score Trading with insurance strategies but it is important to understand that there are pros and cons to this approach.

Here are some of the positives.

1. Risk Mitigation: Insurance strategies provide a means to mitigate potential losses in correct score trading. By incorporating insurance techniques, traders can protect their investments and minimize the impact of unexpected outcomes.
2. Flexibility and Adaptability: Insurance strategies offer traders the ability to adjust their positions based on changing circumstances during a match. This flexibility allows for timely decision-making and the opportunity to capitalize on alternative trading opportunities.
3. Mindset Boost: Knowing that there is a safety net in place through insurance strategies can boost traders’ confidence. It allows them to approach trades with a clearer mindset, knowing that they have measures in place to manage risks. This is why it can be a great angle for beginners. 

Cons of Insurance Strategies in Correct Score Trading:

1. Potential Profit Reduction: Employing insurance strategies may result in reduced potential profits compared to a straightforward, high-risk approach. While these strategies aim to protect against losses, they may limit the upside potential in certain situations.
2. Increased Complexity: Insurance strategies add complexity to the trading process. Traders need to understand and execute these strategies effectively, which may require additional time, effort, and analysis. (more stress!)
3. Overreliance on Insurance: Depending too heavily on insurance strategies can lead to complacency and a lack of focus on other essential aspects of correct score trading. It is crucial to strike a balance and not solely rely on insurance as a substitute for thorough analysis and strategic decision-making.

The final con being a good point I want to speak more on. As I have often found some newbie traders over-focus on the insurance aspect of it all.

Whereas, you are better off learning the markets, the strategies and just trading rather than trying to find ways to avoid losing money.

If you are scared of losing money then probably this isn’t the game for you? Or you could just lower your stakes!

Conclusion

I am a big fan of using insurance when trading Correct Scores and actually my whole trading approach is based around it. 

My main trading principles when trading Correct Scores is to go to work lowering or eliminating my risk as the match progresses. 

Then looking to leverage or ladder up my profits late on with late goals being particularly profitable. 

I definitely encourage more to try trading Correct Scores and to see which of the above strategies suits them the most.

By the way, you want to learn more about the Q System and how to take your Correct Score Trading to the next level then submit your email address below to get a copy of our Correct Score Mastery Prospectus ebook.

Where Do We Send Your Prospectus?

Email Address

Website