Betting exchanges operate by re-matching bettors (those who “back” a team to win) with lay bettors (those who “lay” bets that a team will lose) outright, removing the bet from the equation altogether. Lay bettors essentially become bookmakers by setting odds and making offers, and bettors who like the stakes take it directly via the exchange. This revolution in betting has resulted in many advantages over using traditional bets for skilled players.
The main advantage for the lay bettor is the opportunity to set his own odds using his own calculations as opposed to those formulated by traditional bookies. The odds set by traditional bookmakers take into account their need to generate a certain amount of money to pay for their overhead costs (brick and mortar buildings, licenses, advertising, and so on). On exchanges, lay bettors usually don’t have all the overhead of traditional bookmakers; this means that he can set better odds and is therefore more likely to draw back on betters. Exchange operators make their money by taking a commission on all winning bets, so they don’t care which side wins a particular bet, similar to a balanced highway bet.
Likewise, 스포츠토토 the main advantage for back bettors is also the increased odds. The same factors that allow lay bettors to put up better odds also make exchanges more attractive to traditional bettors. Furthermore, betting exchanges also present an opportunity to take advantage of amateur lay bettors. Anyone who can participate in the exchange can become a lay bettor; however, the actual process of calculating odds can be complicated and all lay bettors are under pressure to make their offers more attractive in order to entice suitable return bettors.
Beyond the main advantage of better odds, another major advantage is the option to offset your bet if circumstances change. Since the player has the option of playing both sides of the betting process if he decides that a previous bet was not as good as he thought, he can compensate to guarantee that he at least breaks even. For example, someone bets £10 on a league188 teamXYZ to win (bet back) at three to one odds. However, on the day before the match, star striker XYZ injured himself thereby seriously changing the odds. The bettor can offset his back bet by placing a £10 lay bet against XYZ wins. If XYZ wins, the player makes £30 on his first bet and loses £30 on the second bet, breaking even. If XYZ loses, the first bet loses £10, but the second bet wins £10, breaking even again. What would be the loss now would be a push and no money to lose. Furthermore, the astute player can find ways to bet both sides that give a 50-50 chance of winning money against the break-even alternatives.
Betting exchanges offer various opportunities to skilled players that were not there before. By registering with an exchange, reading all the rules carefully and learning how to use all the features, a whole new world of football betting can be opened to the skilled player.
The popularity of Football World Cup 2010 is immense and its importance has grown many times since bets were placed on it. Online Football Betting has become one of people’s favorite pastimes. But before you can make money, you need to understand that football betting requires a certain amount of hard work and expert football picks to make the right bets. People can get various football tips online for free and today we enjoy the services of bookmakers, football betting tips and media news. All relevant soccer betting tips are now available on online soccer betting websites that guide their players about recommended bets, soccer betting tips, betting strategies that allow players to have a unique betting style.
If you are a novice, then the comments and opinions made by the football pick experts will prove to be of great help to you in determining who is the favorite and what bets to place. One soccer betting tip that especially applies to the World Cup is to let your emotions in the door. Online betting sites provide you every solution to place your bets, once you browse through this site you get detailed information about free football tips, how to place bets on Football World Cup and along with this you can update yourself with the latest news from sports . In the end, you have to do your research, you have to calculate the odds and you have to put your emotions aside and bet with your head, not your heart.