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So, how is a 'scalp' trade actually executed? In order to successfully complete your first scalp, all you need to do is place two opposing bets against each other. Usually one or two tick increments apart. Once they're both fully matched we can use our betting software to lock in a profit, otherwise known as 'hedging'.

Betfair's scalping strategy is based on opening multiple positions and closing them with a small profit. In a scalping strategy, the trader tries to catch small price movements and make money from them. You are supposed to place two bets in quick succession and then make profits from the gap between these trades.

Sportsbet.au was one of the first bookmakers to go online in Australia and they were one of recommended bookmakers until Paddy Power took them over. We do not recommend punters bet with Sportsbet. We recommend betting with a bookmaker such as Ladbrokes, Unibet, Neds or Swiftbet.

1.12. 2. Subject to the provisions of this clause, Sportsbet reserves the right to limit the total winnings payable to any individual customer on any bet type on a single event/selection or on multiple bets which include at least one of the same selection to $1 million (Maximum Win Limit).