Betfair - Understanding The Odds: Unterschied zwischen den Versionen
| Zeile 1: | Zeile 1: | ||
| − | When punters first join the Betfair betting exchange the most confusing features may be the | + | When punters first join the Betfair betting exchange the most confusing features may be the way that the odds are displayed. In the UK conventional bookmakers use fractional odds like 6/4, 2/1, 100/30 or 33/1. On Betfair a decimal odds strategy is used 2.5, 3.0,4.3 or 34.0.<br><br>You can readily 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 around the exchange. If you consider what are the results once you place a wining bet using a bookmaker your give him your stake money. He places your bet on the agreed odds, say 4/1. If won by you he will give you 4x your stake A�40 as well as your original investment back. On the exchanges you don't ever actually hand over your stake to anyone so of course this doesn't have to be returned.<br><br>The odds for the exchanges tend an average of to be with 20% more than those provided by the bookies. On outsiders with larger odds the real difference can be considerably greater. Horses coming in at 33/1 or 50/1 by bookmakers is frequently available at three figure odds about the exchanges.<br><br>Although chances might be better it is to get offset if your bet or lay is prosperous you will have to pay 5% commission. His is generally easily offset by the better prices that you re getting this is not always true when betting on short priced horses.<br><br>Because Betfair win, i.e. require a 5% commission from either the backer or layer, regardless of the result unlike bookmakers they cannot care how frequently won by you. This means that if you are successful there is no danger of having your bank account closed.<br><br>The betting exchanges are growing in importance all over the world and sbobet if you're considering horse racing and betting you then need to go surfing and please take a look in the exchanges, especially Betfair. |
Version vom 5. August 2020, 19:17 Uhr
When punters first join the Betfair betting exchange the most confusing features may be the way that the odds are displayed. In the UK conventional bookmakers use fractional odds like 6/4, 2/1, 100/30 or 33/1. On Betfair a decimal odds strategy is used 2.5, 3.0,4.3 or 34.0.
You can readily 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 around the exchange. If you consider what are the results once you place a wining bet using a bookmaker your give him your stake money. He places your bet on the agreed odds, say 4/1. If won by you he will give you 4x your stake A�40 as well as your original investment back. On the exchanges you don't ever actually hand over your stake to anyone so of course this doesn't have to be returned.
The odds for the exchanges tend an average of to be with 20% more than those provided by the bookies. On outsiders with larger odds the real difference can be considerably greater. Horses coming in at 33/1 or 50/1 by bookmakers is frequently available at three figure odds about the exchanges.
Although chances might be better it is to get offset if your bet or lay is prosperous you will have to pay 5% commission. His is generally easily offset by the better prices that you re getting this is not always true when betting on short priced horses.
Because Betfair win, i.e. require a 5% commission from either the backer or layer, regardless of the result unlike bookmakers they cannot care how frequently won by you. This means that if you are successful there is no danger of having your bank account closed.
The betting exchanges are growing in importance all over the world and sbobet if you're considering horse racing and betting you then need to go surfing and please take a look in the exchanges, especially Betfair.
