What is a Betting Exchange?

A betting exchange takes on no risk at all and provides the platform for its customers to match bets against each other and takes a small commission on winnings. However, traditional bookmakers risk going head-to-head with gamblers on markets

Betting exchanges are becoming an increasingly integral part of the global gambling landscape, which offering clients much better odds, more transparency, and an experience that feels intuitively fairer.

It is a peer to peer betting which matches two players with complementary interests, which effectively offset bets. In other words, we can cover all outcomes of the matches by placing back bet (like Win) at traditional bookmaker while placing a lay bet (Not Win) at betting exchange conveniently. This is a very easy way to hedge risk completely.

Therefore, we can turn the gambling into risk-free or profit secured trading. Besides, the odds are usually far better than traditional bookies because they are determined by pure supply & demand among the players.

Σχόλια

Δημοσίευση σχολίου

Δημοφιλείς αναρτήσεις από αυτό το ιστολόγιο

BETBURGER

Εικόνα
BetBurger – arbitrage betting software made by professionals Live surebets represent bets which are taking place on events that are in play and player place bets at the duration of the event. Due to the fast-changing of the odds, live has advantages and disadvantages. Advantages: Μore surebets and faster funds return. Disadvantages: Fast odds change, so newbies may find it hard to catch up with the speed. Prematch surebets are bets on future events. Newbies are advised to start from this surebet type as it’s much easier to work with. Advantages: odds change lower, there plenty of upcoming events, and, this fact has, as a result, lots of surebets. Disadvantages: competition is pretty high because of simplicity. Therefore, bookies limit the maximum bet amount.
Διαβάστε περισσότερα

WHAT IS MATCHBOOK

Εικόνα
Matchbook is a betting exchange. The most exchange systems seem to be the same, but there are a few details which are very important and make them different. When you place a bet opposite to a booker it is like you are betting against the betting company. For example, when you place a bet via Betfair and you lose, Betfair will receive your funds and in case you win, Betfair will pay you your profit. The most important difference when you are using a betting exchange is that you are betting against other bettors like you, instead of betting against the company itself. The exchange is simply the platform which connects you to bettors with opposing views to your own. This means that a customer that uses betting exchange is in the position to ‘’lay’’ against a result and is like taking the role of a booker. Users of betting exchange can get better odds and this happens due to the way bookies make their funds. Betfair claims that the profits of users of betting exchange are a...
Διαβάστε περισσότερα

What is Each Way betting (EW)?

Εικόνα
What is Each Way betting (EW)? Stakes placed on Win and Place, and each way is a combination of two bets. The two bets have the same stakes. The 'Win' part is betting on your selection (often a horse) wins a specific event (e.g., a horse race). The 'Place' part of the bet is for the choice to place within the top 2,3,4 which depending on the event and bookmaker. Each-way betting is prevalent in horse racing and greyhounds and not only. How to Calculate Each Way Payout? In each way betting, if your selection wins, you win both parts of the bet. If your selection only places, but doesn't win, you lose your 'Win' part, but win the 'Place' part of the bet. If your selection doesn't place - the entire bet is lost. To give an example with real numbers, let's say that in a match the team A has odds of 3.00 to win. Each way bet is at 1/4 (the fraction set by the bookmaker) for places 1-3. You place an each-way bet of 10€ (or 20€ in total). ...
Διαβάστε περισσότερα