Betfair - Understanding The Odds: Unterschied zwischen den Versionen
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| − | When punters first join the Betfair betting exchange probably the most confusing features | + | When punters first join the Betfair betting exchange probably the most confusing features will be the way that the possibilities are displayed. In the UK conventional bookmakers use fractional odds such as 6/4, 2/1, 100/30 or 33/1. On Betfair a decimal odds method is used 2.5, 3.0,4.3 or 34.0.<br><br>You can certainly convert fractional odds into decimal 6/4 is 6 divided by 4 which provides you 1.5 + your stake which = 1. So 6/4 will be the same as 2.5 for the exchange. If you consider what goes on if you place a wining bet which has a bookmaker your provide him your stake money. He places your bet in the agreed odds, say 4/1. If shipped to you he offers you 4 times your stake A�40 along with your original investment back. On the exchanges there is a constant actually give your stake to anyone so needless to say this doesn't must be returned.<br><br>The odds on the exchanges tend on average to be around 20% more than those available from the bookies. On outsiders with larger odds the main difference could be considerably greater. Horses pricing 33/1 or 50/1 by bookmakers can often be purchased at three figure odds for the exchanges.<br><br>Although the percentages may be better this has being offset when your bet or lay works you will have to pay 5% commission. His is generally easily offset from the better prices that you just re getting this isn't always true when betting on short priced horses.<br><br>Because Betfair win, sboarena i.e. require a 5% commission from either the backer or layer, no matter the result unlike bookmakers they do not care how many times you win. This means if you are successful there is no danger of getting your account closed.<br><br>The betting exchanges are growing in importance around the globe and should you be enthusiastic about horse racing and betting then you really do need to use the internet here and require a look with the exchanges, especially Betfair. |
Version vom 9. September 2020, 04:28 Uhr
When punters first join the Betfair betting exchange probably the most confusing features will be the way that the possibilities are displayed. In the UK conventional bookmakers use fractional odds such as 6/4, 2/1, 100/30 or 33/1. On Betfair a decimal odds method is used 2.5, 3.0,4.3 or 34.0.
You can certainly convert fractional odds into decimal 6/4 is 6 divided by 4 which provides you 1.5 + your stake which = 1. So 6/4 will be the same as 2.5 for the exchange. If you consider what goes on if you place a wining bet which has a bookmaker your provide him your stake money. He places your bet in the agreed odds, say 4/1. If shipped to you he offers you 4 times your stake A�40 along with your original investment back. On the exchanges there is a constant actually give your stake to anyone so needless to say this doesn't must be returned.
The odds on the exchanges tend on average to be around 20% more than those available from the bookies. On outsiders with larger odds the main difference could be considerably greater. Horses pricing 33/1 or 50/1 by bookmakers can often be purchased at three figure odds for the exchanges.
Although the percentages may be better this has being offset when your bet or lay works you will have to pay 5% commission. His is generally easily offset from the better prices that you just re getting this isn't always true when betting on short priced horses.
Because Betfair win, sboarena i.e. require a 5% commission from either the backer or layer, no matter the result unlike bookmakers they do not care how many times you win. This means if you are successful there is no danger of getting your account closed.
The betting exchanges are growing in importance around the globe and should you be enthusiastic about horse racing and betting then you really do need to use the internet here and require a look with the exchanges, especially Betfair.
