Betfair - Understanding The Odds: Unterschied zwischen den Versionen
| Zeile 1: | Zeile 1: | ||
| − | + | When punters first join the Betfair betting exchange one of the most confusing features is the method in which chances displayed. In the UK conventional bookmakers use fractional odds like 6/4, 2/1, 100/30 or 33/1. On Betfair a decimal odds method is used 2.5, 3.0,4.3 or sbobet 34.0.<br><br>You can easily convert fractional odds into decimal 6/4 is 6 divided by 4 that gives you 1.5 + your stake which = 1. So 6/4 will be the same as 2.5 on the exchange. If you consider what goes on when you place a wining bet having a bookmaker your give him your stake money. He places your bet in the agreed odds, say 4/1. If shipped to you he gives you 4x your stake A�40 as well as your original investment back. On the exchanges you never actually give over your stake to anyone so needless to say this doesn't must be returned.<br><br>The odds about the exchanges tend an average of to be with 20% greater than those available from the bookies. On outsiders with larger odds the real difference could be considerably greater. Horses priced at 33/1 or 50/1 by bookmakers are frequently available at three figure odds around the exchanges.<br><br>Although the chances could possibly be better it is to become offset that if your bet or lay is productive you will need to pay 5% commission. His is generally easily offset by the better prices which you re getting this isn't 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, no matter the result unlike bookmakers they just don't care how many times shipped to you. This means if you are successful there isn't any danger of needing 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 do need to use the internet here and have a look in the exchanges, especially Betfair. | |
Version vom 19. August 2020, 09:30 Uhr
When punters first join the Betfair betting exchange one of the most confusing features is the method in which chances displayed. In the UK conventional bookmakers use fractional odds like 6/4, 2/1, 100/30 or 33/1. On Betfair a decimal odds method is used 2.5, 3.0,4.3 or sbobet 34.0.
You can easily convert fractional odds into decimal 6/4 is 6 divided by 4 that gives you 1.5 + your stake which = 1. So 6/4 will be the same as 2.5 on the exchange. If you consider what goes on when you place a wining bet having a bookmaker your give him your stake money. He places your bet in the agreed odds, say 4/1. If shipped to you he gives you 4x your stake A�40 as well as your original investment back. On the exchanges you never actually give over your stake to anyone so needless to say this doesn't must be returned.
The odds about the exchanges tend an average of to be with 20% greater than those available from the bookies. On outsiders with larger odds the real difference could be considerably greater. Horses priced at 33/1 or 50/1 by bookmakers are frequently available at three figure odds around the exchanges.
Although the chances could possibly be better it is to become offset that if your bet or lay is productive you will need to pay 5% commission. His is generally easily offset by the better prices which you re getting this isn't always true when betting on short priced horses.
Because Betfair win, i.e. take a 5% commission from either the backer or layer, no matter the result unlike bookmakers they just don't care how many times shipped to you. This means if you are successful there isn't any danger of needing your bank account closed.
The betting exchanges are growing in importance worldwide and if you're considering horse racing and betting then you do need to use the internet here and have a look in the exchanges, especially Betfair.
