I win money on the Grand National every year without backing the winner

MOST people would find it neigh-on impossible to find the winner of the Grand National.

Even the shrewdest of operators reckon the 40-runner bonanza is an impossible code to crack.

But there's one bettor who, since 2006, has failed to make money only once.

The best bit? He doesn't even have to back the winner.

Meet Peter Webb, a genius on the Betfair Exchange markets who operates under the name Bet Angel.

The Betfair Exchange works differently to a normal racing sportsbook, where you place a bet against a bookie.

On the Exchange your bet is 'matched' against other punters.

But that's not the only way Peter bets differently to most people.

Often, he knows if he has won or lost on a race before the horses are even off.

And there is absolutely no doubt his tactics work.

Sun Racing told you about Peter's methods - where he basically backs a horse, waits for its odds to shorten then cashes out - before the Cheltenham Festival.

The best four days in the racing calendar turned out to be lucrative ones with Peter profiting on 27 of the 28 races.

He usually aims to win £1,000 on races he thinks he has a good hold of.

The one contest where his tactics didn't work was the first race on Friday, the Triumph Hurdle won by Lossiemouth.

Put simply, Peter is a trader. He spots trends, waits for the market to react, then cashes out.

He can back a horse, see it shorten and cash out.

He can back a horse, see it drift and cash out.

The clever part is the result of the race doesn't matter.

Explaining what he will do this week as the whole nation stops at 5.15pm on Saturday to see the biggest race in the world, Peter told Sun Racing: "I trade the Grand National differently to Cheltenham.

"Activity on the Grand National is often driven by news flow, whereas at Cheltenham it can be influenced by a big trainer like Willie Mullins getting a couple of winners early on the card.

"For the National, a lot of money gets matched on the 'housewives favourite'.

"Activity tends to be driven more by the press and emotive side of things.

"The race itself is impenetrable from a handicapping perspective.

"But other than that, I do exactly the same thing as I would in other races."

Which, in Peter's case, is more often than not making money.

Remember to gamble responsibly

• Establishes time and monetary limits before playing
• Only gambles with money they can afford to lose
• Never chases their losses
• Doesn’t gamble if they’re upset, angry or depressed