Betfair - Understanding The Odds: Unterschied zwischen den Versionen
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| − | When punters first join the Betfair betting exchange just about the most confusing features | + | When punters first join the Betfair betting exchange just about the most confusing features may be the method in which the possibilities are displayed. In the UK conventional bookmakers use fractional odds for example 6/4, 2/1, 100/30 or 33/1. On Betfair a decimal odds system 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 goes on whenever you place a wining bet using a bookmaker your provide him your stake money. He places your bet at the agreed odds, say 4/1. If shipped to you he will give you 4 times your stake A�40 as well as your original investment back. On the exchanges you never actually give your stake to anyone so obviously no need to be returned.<br><br>The odds on the exchanges tend normally to be with 20% above those made available from the bookies. On outsiders with larger odds the gap could be considerably greater. Horses pricing 33/1 or 50/1 by bookmakers is frequently purchased at three figure odds about the exchanges.<br><br>Although the percentages may be better it has to get offset that if your bet or lay is prosperous you will need to pay 5% commission. His is generally easily offset from the better prices which you re getting this isn't always true when betting on short priced horses.<br><br>Because Betfair win, sboarena i.e. please take a 5% commission from either the backer or layer, no matter the result unlike bookmakers they just don't care how frequently shipped to you. This means that if you are successful there is no danger of getting your closed.<br><br>The betting exchanges are growing in importance all over the world and in case you are considering horse racing and betting then you certainly need to use the internet here and take a look in the exchanges, especially Betfair. |
Version vom 31. Juli 2020, 08:09 Uhr
When punters first join the Betfair betting exchange just about the most confusing features may be the method in which the possibilities are displayed. In the UK conventional bookmakers use fractional odds for example 6/4, 2/1, 100/30 or 33/1. On Betfair a decimal odds system 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 goes on whenever you place a wining bet using a bookmaker your provide him your stake money. He places your bet at the agreed odds, say 4/1. If shipped to you he will give you 4 times your stake A�40 as well as your original investment back. On the exchanges you never actually give your stake to anyone so obviously no need to be returned.
The odds on the exchanges tend normally to be with 20% above those made available from the bookies. On outsiders with larger odds the gap could be considerably greater. Horses pricing 33/1 or 50/1 by bookmakers is frequently purchased at three figure odds about the exchanges.
Although the percentages may be better it has to get offset that if your bet or lay is prosperous you will need to pay 5% commission. His is generally easily offset from the better prices which you re getting this isn't always true when betting on short priced horses.
Because Betfair win, sboarena i.e. please take a 5% commission from either the backer or layer, no matter the result unlike bookmakers they just don't care how frequently shipped to you. This means that if you are successful there is no danger of getting your closed.
The betting exchanges are growing in importance all over the world and in case you are considering horse racing and betting then you certainly need to use the internet here and take a look in the exchanges, especially Betfair.
