Betfair - Understanding The Odds: Unterschied zwischen den Versionen
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| − | When punters first join the Betfair betting exchange one of the most confusing features is the manner in which the odds are displayed. In the UK conventional bookmakers use fractional odds like 6/4, 2/1, 100/30 or | + | When punters first join the Betfair betting exchange one of the most confusing features is the manner in which the odds are displayed. In the UK conventional bookmakers use fractional odds like 6/4, 2/1, sboarena 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 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 could be the same as 2.5 on the exchange. If you consider what are the results once you place a wining bet which has a bookmaker your supply him with your stake money. He places your bet on the agreed odds, say 4/1. If shipped to you he provides you with four times your stake A�40 together with your original investment back. On the exchanges you don't ever actually give over your stake to anyone so of course no should be returned.<br><br>The odds about the exchanges tend on average to be with 20% more than those available from the bookies. On outsiders with larger odds the real difference may be considerably greater. Horses priced at 33/1 or 50/1 by bookmakers are frequently found at three figure odds for the exchanges.<br><br>Although the odds might be better it has to become offset that if your bet or lay works you will need to pay 5% commission. His is generally easily offset by the better prices which you re getting this is 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, whatever the result unlike bookmakers they do not care how frequently you win. This means when you are successful there is absolutely no danger of getting your closed.<br><br>The betting exchanges are growing in importance around the world and if you're interested in horse racing and betting then you definitely really do need to go surfing and require a look at the exchanges, especially Betfair. |
Version vom 19. September 2020, 21:19 Uhr
When punters first join the Betfair betting exchange one of the most confusing features is the manner in which the odds are displayed. In the UK conventional bookmakers use fractional odds like 6/4, 2/1, sboarena 100/30 or 33/1. On Betfair a decimal odds product 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 could be the same as 2.5 on the exchange. If you consider what are the results once you place a wining bet which has a bookmaker your supply him with your stake money. He places your bet on the agreed odds, say 4/1. If shipped to you he provides you with four times your stake A�40 together with your original investment back. On the exchanges you don't ever actually give over your stake to anyone so of course no should be returned.
The odds about the exchanges tend on average to be with 20% more than those available from the bookies. On outsiders with larger odds the real difference may be considerably greater. Horses priced at 33/1 or 50/1 by bookmakers are frequently found at three figure odds for the exchanges.
Although the odds might be better it has to become offset that if your bet or lay works you will need to pay 5% commission. His is generally easily offset by the better prices which you re getting this is not always true when betting on short priced horses.
Because Betfair win, i.e. take a 5% commission from either the backer or layer, whatever the result unlike bookmakers they do not care how frequently you win. This means when you are successful there is absolutely no danger of getting your closed.
The betting exchanges are growing in importance around the world and if you're interested in horse racing and betting then you definitely really do need to go surfing and require a look at the exchanges, especially Betfair.
