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Guide to Trading on an Betting Exchange 1.1
Guide to Trading on an Betting Exchange 1.1
| Downloads: | 7 | License: | Freeware |
|---|---|---|---|
| Views: | 27 | Size: | 505.0 KB |
| Date Released: | 25 August, 2005 |
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| Author: | xenbet | ||
To the novice punter, a betting exchange can look overwhelming but to the value-conscious punter, they are manna from heaven. Why?1.Better prices - because the bookmaker / tote is taken out of the equation, you are not subject to their 5, 10, 20 or even 50% margins. No overheads to support, no employees to pay, you are betting directly against other punters and their opinions. As a result, you end up with prices that average 20% better than bookies. This is especially true on markets with more selections - racing, football premierships, golf tournaments etc, where bookies traditionally make their 'bread and butter'.2.Winners don't get banned or cut back - many online bookies will limit your stakes or close your account if you dare to beat them. It doesn't matter to an exchange, like Xenbet as they only bring punters together, not take the risk themselves!
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