How? By understanding football betting exchanges and how they offer the bettor the unumbing variety of choices to come out on top.
Football betting exchanges are seem to be the Most community based betting exchange in the world and the largest on the planet.
Offering you a multitude of betting options with every team in the NFL, the UK betting exchange makes it apossible to bet on anything from soccer matches to boxing matches to horse racing and even dog racing.
Every match in the season is available for your wagering pleasure. Every football league in the world is represented in the betting exchange and most punters will find there’s something on offer for everyone.
When you play online with a football betting exchange, you can open your account with a payment source of your choice, secure your details and begin to place bets immediately. It’s quick and simple and you have as many betting options as you like.
Just choose a football betting exchange and you will find a huge variety of betting options provided by the betting exchange itself.
From the very popular live betting (where you bet on events happening at a sports ground 100 miles away) to the increasingly popular mobile betting (offers you can take with you to your mobile phone to wherever you are).
Not only that but betting exchanges often have the very best odds on offer giving you the opportunity to secure some really good prices if you are, say, a good bit of punting. Betting on football, if you know anything about pricing, is almost always more beatable than betting with a traditional bookmaker.
Obviously, as with any exchange, there will always be some force acting upon you, or other participants in the betting exchange in the betting world, so always be aware of your betting circumstances. Never bet more than you can afford to lose as the betting exchange prices are not set at a level where a person can sustain a loss over the whole length of a season.
For example, if you intend to back a horse and others offer odds of 5/2 or bigger, you can buy more than one ticket and secure a larger stake on the back of your first bet. Most people will bet one or two selections in a Betting exchange, then bet on a selection or lay a bet on a selection at a traditional bookmakers, before returning to back the same selection again. Backing a selection to win, means you are backing a selection to lose.
Of course, the betting exchanges do not operate the same way as a bookmaker.
You can lay a selection, in effect, and it will not necessarily win or lose as the price may have dropped below the lay price. This could happen if the horse, in fact, does not run to win.
Likewise, while you can back a selection, you do not have to bet in the same way as you would when backing a horse. For example, you can lay a bet of £10 on a player to lose (betting someone will lose) but you will get nothing on your £10 bet.
(ii) Next of the Lay Bets
- The betting exchanges are not limited in the number of lay bets they can place. With a bookmaker, if they have a selection of 2-3-4-5-6 and no one is willing to take the bet, they cannot carry on and will no doubt be Recipe for disaster.
- With a betting exchange, the amount you lay on a bet is your liability. liability is a way of protecting yourself from high losses on any one bet.
- The exchanges, being large and the amount of money they hold on each event, are difficult to botch. B Olivier, the author of “Die bees Clout” (2000) discusses the dangers of mixing betting odds. elaborate paper organised by Ben Fine, entitled “On achieving profitable position in matched betting” (online subscription required). It is a comprehensive and detailed look at the art of matched betting.
(iii) Why Do Not Lay Yields?
Why? The yield is the commission you pay on winning bets. The higher the yield the better, provided the selection by the bookmaker is high. With high yield, you pay commission on winning bets, which is lower than with the low yield, which pays out less as a result of the commission fee. In addition, the exchanges hold large sums of money – you can be sure that an extremely low yield is being sold, and for very little reward.