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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.
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When punters first join the Betfair betting exchange one of the most confusing features may be the manner in which the possibilities displayed. In the UK conventional bookmakers use fractional odds including 6/4, 2/1, 100/30 or sbobet 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 giving you 1.5 + your stake which = 1. So 6/4 may be the same as 2.5 on the exchange. If you consider what are the results whenever you place a wining bet using a bookmaker your give 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 plus your original investment back. On the exchanges you never actually pay your stake to anyone so needless to say no should be returned.<br><br>The odds about the exchanges tend an average of to be around 20% greater than those provided by the bookies. On outsiders with larger odds the gap can be considerably greater. Horses priced at 33/1 or 50/1 by bookmakers are frequently found at three figure odds on the exchanges.<br><br>Although the odds could possibly be better it has to get offset that when your bet or lay is prosperous you will have to pay 5% commission. His is generally easily offset by the better prices that you just re getting this is not always true when betting on short priced horses.<br><br>Because Betfair win, i.e. please take a 5% commission from either the backer or layer, no matter what result unlike bookmakers they don't care how often you win. This means that when you are successful there is no danger of experiencing your bank account closed.<br><br>The betting exchanges are growing in importance worldwide and if you're considering horse racing and betting then you certainly really do need to use the internet here and have a look in the exchanges, especially Betfair.

Version vom 27. Juli 2020, 13:29 Uhr

When punters first join the Betfair betting exchange one of the most confusing features may be the manner in which the possibilities displayed. In the UK conventional bookmakers use fractional odds including 6/4, 2/1, 100/30 or sbobet 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 giving you 1.5 + your stake which = 1. So 6/4 may be the same as 2.5 on the exchange. If you consider what are the results whenever you place a wining bet using a bookmaker your give 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 plus your original investment back. On the exchanges you never actually pay your stake to anyone so needless to say no should be returned.

The odds about the exchanges tend an average of to be around 20% greater than those provided by the bookies. On outsiders with larger odds the gap can be considerably greater. Horses priced at 33/1 or 50/1 by bookmakers are frequently found at three figure odds on the exchanges.

Although the odds could possibly be better it has to get offset that when your bet or lay is prosperous you will have to pay 5% commission. His is generally easily offset by the better prices that you just re getting this is not always true when betting on short priced horses.

Because Betfair win, i.e. please take a 5% commission from either the backer or layer, no matter what result unlike bookmakers they don't care how often you win. This means that when you are successful there is no danger of experiencing your bank account closed.

The betting exchanges are growing in importance worldwide and if you're considering horse racing and betting then you certainly really do need to use the internet here and have a look in the exchanges, especially Betfair.