Betting Exchanges Fixed Matches
Betting Exchanges Fixed Matches
Info Betting exchange sites in India
Day: Wednesday Date: 02.12.2020
League: SINGAPORE Premier League
Match: Albirex Niigata – Tanjong Pagar
Tip: Over 2.5 Goals
Odds: 1.50 Result: ?:?
Europe Betting Football Matches
Here in this article we are going to learn about betting with exchanges and see how it works. For decades, the process of placing a bet was a wholly one-dimensional exercise. As with most things in life, the Internet changed everything.
The Betting on Singapore Matches is always the best option.
Many betting firms could suddenly tap into a whole new market, offering betting markets to punters. They did this via really slow dial-up powered websites (this was the early 2000s, after all). As technology improved, so too did the experience of the punter. Today we have a galaxy of sites and apps we can use to have a flutter or two.
Me vs You
Most bookmakers add an ‘over-round’ to their odds. It means that they can limit their financial liability in any given betting market. For example, imagine there was a market for coin tossing. There is an equal chance that a tossed coin will land on head or tails. Just like that the theoretical betting odds Fixed Matches should be Evens on both sides.
But bookies have money to make, and so their prices would actually probably be something like 5/6. Why? Because then they can lock in a profit and limit their liability.
Best Betting Exchange Sites List
If 100 people bet on that particular market – 50 on heads, 50 on tails – then the firm would make a decent return regardless of which side the coin landed on. All bookmakers have an over-round built into their odds. It’s size varies from brand to brand and market to market.
Question arose: But what if punters bet against one another at odds they could set themselves?
And thus, peer-to-peer betting was born which remains the largest exchange on the planet to this day.
Betting with an Exchange
The premise behind a betting exchange is simple enough. Also their appeal intrigues many individuals who can take on the role of bookmaker as well as punter.
You can ‘back’ a selection in the way you normally would. For e.g. back a team to win the Premier League Fixed Matches title at the odds provided by another punter on the exchange. It would typically be more generous than those presented by the sports books.
And you also ‘lay’ selections, which means you are betting on something which will not happen.
So, in the Premier League Winner market, you could lay £10 that Arsenal won’t win the title at odds of 20/1. If the Gunners don’t finish top of the pile, you would trouser £10 in profit and get your stake back.
But if Arsenal did win the title, you would have to pay out £200 to your fixed matched punter: £10 x 20/1.
Betting exchanges rely on two parties: backers and layers. To set prices and make wagers against one another, and the only output they take is a small commission on winning bets.
Advantages of Betting Exchanges
The main advantage of betting exchanges is that you have complete freedom over your bets. You can accept the prices offered, or request different odds and see if you are ‘matched’ by an opposing backer or layer.
And you might think this is a small matter, but consider these odds differences. With the bookmakers, Manchester United are 13/2 (6.50) to win the 2018/19 Premier League. And yet with the exchanges you can back them at 8.00.
That theory becomes even more appealing in longer odds markets.
Consider the effect of this over a year’s worth of betting, and you can imagine how much more profit is available on the exchanges. Got enough of betting with exchanges. Make a decision now about your fixed bets.