Betfair - Understanding The Odds: Unterschied zwischen den Versionen
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| − | + | When punters first join the Betfair betting exchange the most confusing features will be the manner in which the possibilities displayed. In the UK conventional bookmakers use fractional odds including 6/4, 2/1, 100/30 or 33/1. On Betfair a decimal odds product is used 2.5, 3.0,4.3 or 34.0.<br><br>You can easily convert fractional odds into decimal 6/4 is 6 divided by 4 which provides you 1.5 + your stake which = 1. So 6/4 is the same as 2.5 for sboarena the exchange. If you consider how are you affected once you place a wining bet which has a bookmaker your provide him with your stake money. He places your bet in the agreed odds, say 4/1. If shipped to you he will give you 4 times your stake A�40 along with your original investment back. On the exchanges you won't ever actually pay your stake to anyone so of course it does not need to be returned.<br><br>The odds on the exchanges tend on average to be around 20% higher than those available from the bookies. On outsiders with larger odds the gap may be considerably greater. Horses coming in at 33/1 or 50/1 by bookmakers is frequently purchased at three figure odds about the exchanges.<br><br>Although chances could be better this has to become offset that if your bet or lay works you'll have to pay 5% commission. His is generally easily offset from the better prices that you simply re getting this is simply not always true when betting on short priced horses.<br><br>Because Betfair win, i.e. take a 5% commission from either the backer or layer, regardless of the result unlike bookmakers they cannot care how often shipped to you. This means that if you are successful there is no danger of having your money closed.<br><br>The betting exchanges are growing in importance around the globe and should you be enthusiastic about horse racing and betting you then do need to use the internet here and please take a look with the exchanges, especially Betfair. | |
Version vom 26. Juli 2020, 10:13 Uhr
When punters first join the Betfair betting exchange the most confusing features will be the manner in which the possibilities displayed. In the UK conventional bookmakers use fractional odds including 6/4, 2/1, 100/30 or 33/1. On Betfair a decimal odds product is used 2.5, 3.0,4.3 or 34.0.
You can easily convert fractional odds into decimal 6/4 is 6 divided by 4 which provides you 1.5 + your stake which = 1. So 6/4 is the same as 2.5 for sboarena the exchange. If you consider how are you affected once you place a wining bet which has a bookmaker your provide him with your stake money. He places your bet in the agreed odds, say 4/1. If shipped to you he will give you 4 times your stake A�40 along with your original investment back. On the exchanges you won't ever actually pay your stake to anyone so of course it does not need to be returned.
The odds on the exchanges tend on average to be around 20% higher than those available from the bookies. On outsiders with larger odds the gap may be considerably greater. Horses coming in at 33/1 or 50/1 by bookmakers is frequently purchased at three figure odds about the exchanges.
Although chances could be better this has to become offset that if your bet or lay works you'll have to pay 5% commission. His is generally easily offset from the better prices that you simply re getting this is simply not always true when betting on short priced horses.
Because Betfair win, i.e. take a 5% commission from either the backer or layer, regardless of the result unlike bookmakers they cannot care how often shipped to you. This means that if you are successful there is no danger of having your money closed.
The betting exchanges are growing in importance around the globe and should you be enthusiastic about horse racing and betting you then do need to use the internet here and please take a look with the exchanges, especially Betfair.