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Welcome to my next video tutorial. In this tutorial Im going to show you how to trade on betfair using Bfexplorer PRO with the Trade the Selection user interface. Im not about to show you a trading strategy but just explain the concept of trading and possibilities youve got in closing your position. The basic concept of betfair trading is simple, as with any trade you have to buy lower and sell higher. At the betting exchanges we buy lay odds and sell the back odds, so the concept is to back high and lay low.