Also known as betting or wagering, it means risking money on an event that has an uncertain outcome and heavily involves chance. Like investors, gamblers must carefully weigh the amount of capital they want to put into play.

BetTrader is a browser-based Betfair sports trading software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website.