Betfair - Understanding The Odds: Unterschied zwischen den Versionen
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| − | When punters first join the Betfair betting exchange | + | When punters first join the Betfair betting exchange the most confusing features will be the manner in which chances 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 method is used 2.5, 3.0,4.3 or 34.0.<br><br>You can simply 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 how are you affected if you place a wining bet which has a bookmaker your provide him with your stake money. He places your bet at the agreed odds, sboarena say 4/1. If won by you he provides you with 4 times your stake A�40 along with your original investment back. On the exchanges you won't ever actually hand over your stake to anyone so naturally this doesn't must be returned.<br><br>The odds about the exchanges tend typically to be around 20% more than those available from the bookies. On outsiders with larger odds the real difference can be considerably greater. Horses priced at 33/1 or 50/1 by bookmakers is often bought at three figure odds about the exchanges.<br><br>Although the percentages might be better this has to become offset if your bet or lay works you'll need to pay 5% commission. His is generally easily offset through 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. require a 5% commission from either the backer or layer, no matter the result unlike bookmakers they do not care the frequency of which shipped to you. This means that if you are successful there is no danger of experiencing your money closed.<br><br>The betting exchanges are growing in importance worldwide and should you be enthusiastic about horse racing and betting then you should go online and take a look in the exchanges, especially Betfair. |
Version vom 20. September 2020, 05:33 Uhr
When punters first join the Betfair betting exchange the most confusing features will be the manner in which chances 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 method is used 2.5, 3.0,4.3 or 34.0.
You can simply 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 how are you affected if you place a wining bet which has a bookmaker your provide him with your stake money. He places your bet at the agreed odds, sboarena say 4/1. If won by you he provides you with 4 times your stake A�40 along with your original investment back. On the exchanges you won't ever actually hand over your stake to anyone so naturally this doesn't must be returned.
The odds about the exchanges tend typically to be around 20% more than those available from the bookies. On outsiders with larger odds the real difference can be considerably greater. Horses priced at 33/1 or 50/1 by bookmakers is often bought at three figure odds about the exchanges.
Although the percentages might be better this has to become offset if your bet or lay works you'll need to pay 5% commission. His is generally easily offset through the better prices that you simply re getting this is simply not always true when betting on short priced horses.
Because Betfair win, i.e. require a 5% commission from either the backer or layer, no matter the result unlike bookmakers they do not care the frequency of which shipped to you. This means that if you are successful there is no danger of experiencing your money closed.
The betting exchanges are growing in importance worldwide and should you be enthusiastic about horse racing and betting then you should go online and take a look in the exchanges, especially Betfair.
